City Delhi Financial News

Farmers under the banner of the Samyukta Kisan Morcha (non-political) and Kisan Mazdoor Morcha have been camping at Shambhu and Khanauri border points between Punjab and Haryana since February 13 after their march to Delhi was stopped by security forces. The plea, filed in the apex court by a social activist hailing from Punjab, also sought directions to the Centre and others to remove restrictions on farmers' protests and to ensure that national highways and railway tracks are not blocked by the agitating farmers.

AAP leader Manish Sisodia's pleas seeking relaxation of bail conditions which require him to report to the investigating officer twice a week in the corruption and money laundering cases related to the Delhi excise policy. Senior advocate Abhishek Singhvi, appearing for Sisodia, mentioned the matter before a bench of Justices B R Gavai and K V Viswanathan. «Day after tomorrow,» the bench said, while agreeing to list the matter on December 11. The apex court on November 22 agreed to hear Sisodia's pleas and issued notices to the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) seeking their responses on the applications.

Indian startups are redefining the ecommerce landscape, previously dominated by foreign players, through innovative instant delivery models, said Dilsher Singh Malhi, founder and chief executive officer (CEO) of Zupee. Speaking at the India Internet Governance Forum (IIGF) 2024, held at Bharat Mandapam in Delhi on Monday, Malhi emphasized the transformative role of Indian enterprises in the digital economy. «First the Indian ecommerce was driven and controlled by the foreign players primarily, but the instant delivery model of Indian companies is disrupting the ecommerce business,» he remarked.

SpiceJet was diverted to Patna due to a technical glitch and it landed safely at the Jay Prakash Narayan International Airport here on Monday morning, officials said. Alternative arrangements were being made for the passengers.

infrastructure development are driving up land prices in key micro-markets, particularly with the growth of satellite townships across the country. This trend is especially noticeable in and around the Mumbai Metropolitan Region (MMR), Bengaluru, and the Delhi NCR. Efforts to reduce congestion in these cities and their surrounding areas have resulted or is expected to witness an incease of 1.4X to 3.9X appreciation in land prices. “It is the right time for investors to invest in a location which is expanding rapidly and experiencing high land price appreciation, driven by existing & upcoming infrastructure initiatives. Investors can enjoy high returns and explore various rental yield options including second homes, holiday homes etc. and expand their real estate portfolio by investing in one of the top growth markets in India, “says Swapnil Anil, Managing Director, Advisory Services, Colliers India.

Union Home Minister Amit Shah answer the people of the city. Around 40 prominent schools in Delhi received bomb threats on Monday morning, a police official said. The majority of schools have asked the students to go back to their homes. Chief Minister Atishi charged that the Centre has failed in its only responsibility of providing safety to the people of Delhi.

United Arab Emirates hosted the inauguralFounders' Retreat from 6 to 8 December. The Retreat brought together more than60 of India’s most prominent start-up founders and key UAE business leaders, investors, and policymakers to discuss new directions and opportunities in the bilateral investment partnership. Co-organised by the UAE Embassy in Delhi, Offline, and the UAE-India CEPA Council, the event marked a significant milestone in the UAE-India partnership, showcasing the two countries’ shared commitment to fostering innovation and economic growth. With participating retreat ventures averaging a valuation of USD 3.5 billion, alongside representation from founders of 13 Indian unicorn start-ups and five publicly listed companies,this first-of-its-kind platform facilitated transformative collaborations and highlighted the mutual benefits of closer investment ties between the two nations.

The air quality of Delhi observed an improvement after several parts of the national capital witnessed light rain on Sunday evening, as a western disturbance persisted over central Pakistan and its surrounding areas. Various parts of Delhi, including Kota House, Akbar Road, and Pandara Park received light rain. In its latest forecast on Sunday, the IMD also predicted a cold wave across most of Northern India beginning December 9.

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cold wave starting December 9. The India Meteorological Department (IMD) has confirmed that temperatures will drop across the region, with Delhi’s minimum temperature expected to fall to around 3°C by December 10, down from its current 7°C. According to IMD scientist Naresh Kumar, temperatures in Delhi-NCR will start to decrease after December 9. "Western disturbance persists over central Pakistan and its surrounding areas… Light to moderate rain is expected in the Himalayas today and tomorrow. Light rain is expected in Punjab, Haryana, and Delhi," Kumar told ANI.

Hyderabad by the Delhi police on Saturday for forcing several youngsters from India to commit cyber crimes through fake call centres on the promise of getting them jobs abroad after a 2,500-km chase. The accused, Kamran Haider alias Zaidi, carried a reward of Rs 2 lakh on his information by the National Investigation Agency (NIA). Zaida, along with his associates, trafficked vulnerable young Indian men to the Golden Triangle Region in Southeast Asia, where the borders of Thailand, Laos and Myanmar meet, and force them to work in Chinese companies. Then, their passports would be taken away and they would be forced into cyber crimes.

Subscribe to enjoy similar stories. Anant Goenka, vice-chairman of RPG Group, recalls a chance meeting with an HSBC banker during a flight from Delhi to Mumbai some six months ago, which sparked the conglomerate's interest in acquiring Michelin's off-highway tyres and tracks business. In the next 4-6 months, Ceat faced a brief process as it had to navigate competing interests from Indian and Chinese tyre manufacturers that were also pursuing Camso.

India registered a commanding 35-22 win over Singapore at the Asian Women's Handball Championship in Delhi on Sunday, opening up the opportunity for their best-ever finish in the tournament. India, who have never finished above sixth, will face China on Tuesday in the 5th/6th place playoff match. Charged by the backing of their fans, India opened the placement match against Singapore with high energy, leading 9-6 midway through the first half, courtesy Menika and Bhawana Sharma's consistent scoring. At the other end, captain Diksha Kumari and goalkeeper Nina Shil, who made key saves including a penalty, kept Singapore at bay.

The 24-hour average Air Quality Index (AQI) of the city was recorded at 302 at 4 pm on Sunday, marking a deterioration compared to Saturday's reading of 233 (poor' category). Of the 38 air quality monitoring stations in the city, 23 reported air quality in the 'very poor' category on Sunday, compared to only two on Saturday.

Subscribe to enjoy similar stories. As demand for hotel rooms in India is expected to outpace supply in the coming years, Lemon Tree Hotels is readying itself to leverage its brand identity and capture a more premium pricing. The company’s chairperson, Patanjali G.

tear gas to disperse farmers who began their 'Dilli Chalo' march to press the Centre for various demands, including a legal guarantee for Minimum Support Price (MSP). However, after walking for a few metres, they were stopped at the barricading by Haryana Police. «We will first identify them (farmers) and then we can allow them to go ahead. We have a list of the names of 101 farmers, and they are not those people — they are not letting us identify them — they are moving ahead as a mob,» a Haryana police official deployed at the site told news agency ANI.

Gurgaon's DLF Camellias has been sold for Rs 190 crore, marking it as the most expensive high-rise apartment transaction in the National Capital Region (NCR) and one of India's highest-ever price-per-square-foot deals. This 16,290-square-foot property was purchased by Info-x Software Tech Pvt Ltd through its director, Rishi Parti, according to real estate documents accessed by IndexTap.

Jasprit Bumrah is only human and cannot always shoulder the responsibility of bowling opposition out all by himself, skipper Rohit Sharma said on Sunday, urging others to share the load with the premier fast bowler. India lost to Australia by 10 wickets in the second Test and during the Australian innings, only Bumrah stood out with a four-wicket haul. «Jasprit Bumrah cannot alone take responsibility. You don't expect him to bowl from both ends. The other guys also needs to step in and share the responsibility. There will be days when Bumrah won't get wickets,» Rohit said at the post-match press conference.

The initiative is expected to create jobs, boost revenue and serve as a learning hub for technical expertise, he said. Sogarwal said that the model has been presented by him in Vishakhapatnam and Delhi and it will be showcased by the Ministry of Environment at the National Chief Secretaries' Conference in Delhi from December 13 to 15.

Aam Aadmi Party (AAP) on Sunday targeted Union Home Minister Amit Shah, stating that as long as he holds office, murders will continue to occur every day in Delhi. Aam Aadmi Party in a post on X said, «As long as Amit Shah remains the Home Minister, murders will continue to happen every day in Delhi.» Earlier on Saturday, Aam Aadmi Party (AAP) national convenor and former Chief Minister Arvind Kejriwal launched an attack on Union Home Minister Amit Shah, claiming that the BJP is no longer capable of managing the law and order situation in the national capital.

A total of nine families from six states — Rajasthan, Punjab, Haryana, Delhi, Uttar Pradesh, and Uttarakhand — fell victim to accused Indraraj Rawat's deception, they said. Rawat, a native of Rajasthan, duped three families in the state, said Nimish Patil, Deputy Commissioner of Police (trans-Hindon).