City New Delhi Financial News
28.12 / 07:40
Cooper
Aware
President
stage
country
reports
India, South Korea explore joint projects in Sri Lanka, Bangladesh
NEW DELHI : India and South Korea are discussing joint development projects in neighbouring countries such as Sri Lanka and Bangladesh, according to persons aware of the matter. While talks are still in early stages, the development is significant as it reflects a renewed focus on bilateral relations between India and South Korea, with Seoul seen expanding its strategic interests beyond East Asia. Mint had earlier reported that South Korean president Yoon Suk-Yeol is eyeing a visit to India to push key projects and discuss strategic technologies, the Indo-Pacific Oceans Initiative and China-related matters.
28.12 / 04:35
Reuters
Apple
Experts
country
electronic
information
reports
Apple under pressure to weaken political impact of iPhone hacking warnings: Reports
iPhones, a Washington Post report said recently. The move comes after several Opposition leaders and some journalists in October claimed that they had received emails from Apple warning them that state-sponsored attackers were potentially remotely trying to compromise the iPhones associated with their IDs.
28.12 / 03:29
Citi
Art
Manufacturing
folk
hospital
reports
New Delhi is gearing up to woo the world with big fat Indian weddings
₹4.7 trillion, up 25% from the previous year. Though no firm estimates are available of the money spent overseas by Indians on weddings, since it’s the rich who go in for such lavish destination dos, we can assume a substantial amount could be captured locally if the ministry’s campaign succeeds. If ‘Make in India’ is about the creation of manufacturing jobs, ‘Wed in India’ could generate matrimonial jobs.
28.12 / 02:23
Apple
Experts
country
social
electronic
information
reports
Centre
Centre asked Apple to soften impact of hack warnings, says Washington Post report
Apple's warnings in October to Indian opposition politicians that government hackers may have hacked their phones prompted Prime Minister Narendra Modi's administration to quickly demand the U.S. firm soften its message, the Washington Post reported. Apple's India representatives were called by administration officials who demanded that company help weaken the political impact of the warnings, the newspaper said citing three unidentified sources. An Apple security expert was also summoned from outside the country to a meeting in New Delhi and the expert was pressed to come up with alternative explanations for the warnings, it said. Apple and India's Ministry of Electronics and Information did not immediately respond to a request for comment.
28.12 / 01:33
Provident
Digital
Waters
awards
Bill
IntelliSmart to provide data analytics services to discoms: Anil Rawal
NEW DELHI : With the government aiming to transform India’s power distribution sector and boost its fiscal health, IntelliSmart Infrastructure Pvt Ltd, backed by state-run EESL and National Investment Infrastructure Fund (NIIF), plans to commercially roll out its data analytics services for power distribution companies (discom) next year. Anil Rawal, chief executive and managing director, IntelliSmart Infrastructure, said hat the company will diversify its operations to offer billing systems to discoms, as well as gas and water metering services. It is also looking to offer aggregator services for power supplied by prosumers.
27.12 / 21:44
Provident
reports
Department
recommendations
prevention
Export curbs started with onion. They're going to spread, soon
NEW DELHI : Exports of all farm commodities may come under the government lens soon, a move that aims to cool domestic prices but may spark global food security concerns. The government plans to bring all agricultural commodities under its export review and minimum export price (MEP) policy, a senior official said on the condition of anonymity. Currently, an inter-ministerial committee (IMC), chaired by the department of commerce (DoC), is responsible for the seasonal review of onion exports.
27.12 / 21:44
Target
Platform
Enterprise
reports
Department
The three companies eyeing Macquarie's Strides solar projects
NEW DELHI : Macquarie Group’s sale of 400 megawatts (MW) solar power projects of its Stride platform has drawn interest from three entities, with the potential deal likely to have an equity value of around $300 million, signalling continued interest in India’s green energy sector. According to two people familiar with the matter, Gentari Sdn Bhd, a subsidiary of Malaysia’s state-run Petronas; private equity firm Actis Llp; and Sekura Energy Ltd, backed by Edelweiss Infrastructure Yield Plus Fund, have shown interest in Stride. Bank of America Corp.
27.12 / 19:43
IPO
Aware
Matrix
Healthcare
hospital
information
reports
Centre
stake
ChrysCapital eyes stake in Delhi's Centre For Sight eye hospital
ChrysCapital is in final discussions to acquire a significant minority stake in New Delhi's Centre For Sight, valuing the eye hospitals chain at Rs 1,600 crore, said people aware of the development. Delhi-based ChrysCapital's proposed investment of Rs 800-1,000 crore (about $100 million) will give an exit to Mahindra Partners, the PE arm of Mahindra & Mahindra, which owns about 32% stake in the chain, they said.
27.12 / 19:39
Provident
Booking
Adventure
show
information
reports
travelers
Paytm Travel Recap 2023: Delhi most preferred domestic destination, 70% increase in solo travellers
One97 Communications Limited (OCL) that owns the brand Paytm announced the release of Travel Recap 2023 on Wednesday. Delhi emerged as the most traveled domestic destination, capturing the hearts of explorers and culture enthusiasts, while Dubai dominated international travel, showcasing the allure of showcasing the allure of its cosmopolitan charm. As per Paytm Travel trends, a 70% increase in solo travellers has been observed marking a trend of wanderlust-driven individuals seeking independence and self-discovery.
27.12 / 17:54
Cooper
Ball
economy
country
Moscow, still one of New Delhi's allies
Russia has an interesting place in India's foreign policy game plan. As foreign minister S Jaishankar said on Tuesday during his five-day visit to Moscow, geopolitics and strategic convergence will always keep the bilateral ties on a positive trajectory. On Wednesday, Jaishankar and his Russian counterpart Sergey Lavrov walked the talk as the two sides agreed on the expansion of Russian hydrocarbon exports to India and cooperation in nuclear energy.
27.12 / 16:04
Compilation
BlackRock
Experts
show
performer
country
2020
FPI registrations lowest in a decade, although foreign inflows at highs
NEW DELHI/MUMBAI : Registrations by foreign portfolio investors in India this year were the fewest in at least 10 years, although foreign investments have continued to rush in. Market experts pinned the steep decline in registrations on global economic headwinds, while pointing out that FPIs already in India have delivered stellar returns in recent years.
27.12 / 04:49
Airlines
information
reports
Department
Low
Delhi fog update: 110 flights delayed, several trains affected due to low visibility. Details here
Also Read: Weather update: IMD issues very dense fog alert in Delhi, Punjab, THESE states till 31 December. Check forecast Following this, trains arriving and departing from New Delhi are delayed due to fog and low visibility. As per News18 report, over 25 trains including arrival and departure are running late.
27.12 / 04:47
Citizens
Extreme
Death
reports
travelers
Department
recommendations
Updates
Blast near Israel embassy in Delhi: Cops find 2 suspects, letter to envoy; travel advisory issued | Top 10 updates
ANI. They added two persons roaming near the Israel embassy on Tuesday evening have emerged as suspects in the alleged blast incident. “We are trying to ascertain their identity and what were they doing in the area at the time of the call.
26.12 / 20:59
Provident
FIVE
Extreme
Strategy
reports
Department
Centre
Centre to introduce advanced weather forecast systems in Noida, Pune
NEW DELHI : The ministry of earth sciences plans to set up two high-performance computers (HPCs) in Noida and Pune to enhance weather forecasting accuracy, in the face of shifting weather patterns leading to increasing instances of extreme rainfall. “None of the weather prediction models anticipated the 90cm rainfall witnessed in the Kayalpatnam municipality in Thoothukudi district of Tamil Nadu last week. Prediction of weather in tropical regions is difficult because of dynamic changes it undergoes in comparison to weather in higher latitudes," earth sciences secretary M.
26.12 / 20:58
Maxim
Aware
Healthcare
country
innovations
guidelines
India to draft rules for strategic trilateral developmental projects
NEW DELHI : India is working on guidelines for strategic trilateral partnerships to maximize the impact of developmental projects in its neighbourhood and beyond in collaboration with other countries, said people aware of the matter. India has partnered with the UK, the US, France, Japan, and Germany to implement developmental projects in India’s neighbouring regions and key nations in Southeast Asia and Africa. While India has traditionally favoured bilateral developmental projects for ease of coordination, and established political relationships with the recipient countries, it is now exploring collaborations with a select group of countries.
26.12 / 20:26
FIVE
Airlines
country
prevention
India, France, UAE worked as team to bring back flight
France and the UAE to bring back the flight which was grounded at the Vatry airport, east of Paris, over suspected human trafficking. It was a tip-off, described as anonymous, from the UAE that enabled France to halt the Romanian Airlines chartered flight at an airport near Paris on suspicion of human trafficking.
26.12 / 19:18
Provident
Cooper
Action
economy
Southern
country
India to initiate strict action against Red Sea attackers: Rajnath Singh
NEW DELHI : Union defence minister Rajnath Singh, has vowed to take decisive action against those responsible for the assaults on the India-linked shipping vessels, MV Chem Pluto and MV Sai Baba, amid escalating tensions in the Red Sea region. For over a month, attacks by Yemen’s Houthi rebels on vessels using the crucial Red Sea shipping route have heightened uncertainty in the global economy. “The recent drone attacks on the MV Chem Pluto in the Arabian Sea and a few days ago on the MV Sai Baba in the Red Sea have been taken very seriously by the Indian government.
26.12 / 19:17
Target
Digital
Platform
Actor
social
electronic
information
Centre
Centre issues advisory to tech firms for regulating deepfakes
NEW DELHI : India’s ministry of electronics and information technology on Tuesday issued an advisory on regulating artificial intelligence (AI)-generated content, commonly known as deepfakes, for all technology companies operating in India. Following meetings with tech companies on 22-23 November, Union IT minister Ashwini Vaishnaw and minister of state for IT Rajeev Chandrasekhar issued the advisory.
26.12 / 15:44
Reuters
Cooper
Extreme
Death
reports
Blast near Israel Embassy in Delhi: 'Saw smoke coming from top of a tree,' says eyewitness
Israeli Embassy spokesperson Guy Nir told Reuters that there was a blast at close proximity to the embassy around 5:20 on Tuesday. Israel's foreign ministry said all staff were unharmed following the blast. Israeli authorities were cooperating with their Indian counterparts to investigate the cause of the explosion.
26.12 / 14:28
Fitch
Experts
shootings
show
reports
Winter keeps India’s power demand elevated
NEW DELHI : India’s peak power demand has remained elevated over the past week amid the winter chill, keeping it above the 200 GW level since 19 December. On Monday, peak power demand stood at 206.421 GW, show data from the Grid Controller of India. Electricity demand shoots up in winters due to the use of heating appliances and geysers.
26.12 / 02:32
Provident
Waters
cover
Inside
innovations
information
shock
"PM Modi to soon flag off Amrit Bharat train with 'Push-Pull' tech", says Union Minister Ashwini Vaishnaw
Union Minister Ashwini Vaishnaw has said that Prime Minister Narendra Modi will soon flag off the newly made Amrit Bharat train which features push-pull technology. Vaishnaw highlighted the innovative push-pull technology, which he claims significantly increase the speed of the trains as well as passenger comfort. «Amrit Bharat train has better acceleration due to push-pull technology. This means that the vehicle accelerates quickly and also stops quickly, thereby saving time wherever there are curves and bridges on the way.
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