City New Delhi Financial News

30.11 / 09:23

Digital Progressive Action Align President country Prime Minister Narendra Modi writes on India’s G20 presidency: 10 key takeaways

Narendra Modi has highlighted the journey in an op-ed for the Hindustan Times. Here are 10 key takeaways. India's G20 presidency, marked by challenges like the COVID-19 aftermath, climate threats and financial instability, focused on shifting from GDP-centric to human-centric progress.

30.11 / 08:23

BLOCK Waters stage track Inside reports Department 500 Over 2,500 passengers left stranded after train staff say duty hours over

The incident occurred at Burhwal junction of Barabanki district in Uttar Pradesh on November 29, Times of India reported. Passengers had to face a lot of hassle as there was no water, food or power supply inside the train. They staged a protest, and came onto the rail track blocking the movement of an express train. It involved the Saharsa — New Delhi Special Fare Chhath Puja Special (04021) and the Barauni-Lucknow Junction Express (15203).

30.11 / 03:35

Citi Target Cooper Citizens Nov information play Alleged plot to murder Khalistani Pannun thickens; India-US diplomatic ties at play

Federal prosecutors in Manhattan said Nikhil Gupta, 52, worked with the Indian government employee, whose responsibilities included security and intelligence, on the plot to assassinate the New York City resident who advocated for a Sikh sovereign state in northern India. Prosecutors did not name the Indian official or the target, although they did describe the latter as a U.S.

30.11 / 02:47

Citi Target Assurant Nov country voice electronic How the alleged plot to kill Khalistani separatist Gurpatwant Singh Pannun unfolded

(This story originally appeared in on Nov 29, 2023)

29.11 / 19:36

Bill Cogent show NCLT dismisses insolvency resolution plea against Indamer Mjets Airport Service

bankruptcy court in Mumbai has rejected an application filed against Indamer Mjets Airport Service Pvt Ltd to admit the company under the Corporate Insolvency Resolution Process (CIRP). New Delhi-based Dezire Group had approached the tribunal after the company defaulted on its alleged dues of over Rs 1.57 crore.

29.11 / 19:36

Digital CEO Chanel Cartier show Inside stars Luxury inc sees India as the next big destination

luxury brands are looking at India, says Benedicte Epinay, CEO of Comite Colbert, the official luxury association of France that represents 93 luxury brands and behemoths such as LVMH, Chanel and Kering. «Is India the next promising market? There are obstacles such as custom duties and the bureaucracy, but it probably is, because you have all the ingredients,» Epinay told ET. «You have the consumers, you have the appetite for refinement, you have the taste to understand luxury, and you have the passion to show off.» She was here for the first Indo-French luxury symposium, or 'IFCCI Luxury Symposium', held in New Delhi on Wednesday. «Post Covid, we are back to a new normal.

29.11 / 19:23

Citi Action film Experts country audience stars Star-studded, high-budget spectacle films fizzle out after big openings

NEW DELHI : Contrary to the perception that big-budget films featuring mainstream stars and high on visual spectacle or slick action stunts are shining at the box office, especially post covid, recent Bollywood titles such as Tiger 3, Adipurush, and Ganpath have fizzled out, in some cases, failing to build on big openings. Theatre owners and trade experts say the word-of-mouth around films has become hugely critical and audiences are no longer stepping out for even big stars.

29.11 / 16:45

Progressive stage hospital outbreak medicines Members of the 'Zo United' stage rally demanding separate administration

Manipur. The rally was organized under the aegis of Zo United, a Civil Society Organisation parent body for all Kuki-Zo kindred Tribes in Manipur.

29.11 / 15:21

Provident country No new issue in agri till permanent solution on public stockholding: India at a WTO meet

WTO grouping with a major interest in farm trade that it will not discuss any new issue in the agriculture segment like imposition of export restrictions before a permanent solution is found with regard to public stockholding of food grains, an official said. This position was cleared during a mini-ministerial virtual meeting of about 28 WTO (World Trade Organisation) member countries on agriculture issues on November 28. In the meeting, Commerce and Industry Minister Piyush Goyal put forward New Delhi's approach to the issue saying that public procurement and stockholding of food grains serve the twin objectives of food security and income support to marginal farmers.

29.11 / 11:53

SOLIDARITY peace UNLF, banned armed group of Manipur, signs peace accord: 'A historic milestone'

were among several Meitei extremist organisations in Manipur banned by the Union home ministry earlier this month. The decision to declare many Meitei extremist organisation as “unlawfull" was taken in the wake of ongoing violence in the northeastern state. On Sunday, Manipur Chief Minister N Biren Singh said his government was holding talks with an Imphal Valley-based insurgent group.

29.11 / 10:53

Target FIVE Action Gap country reports recommendations COP28: Should you expect anything earth-shaking?

New Delhi: COP27 (Conference of Parties) at Sharm el-Sheikh, the Egyptian city, was scheduled to wrap up last year on 18 November after two-weeks of talks. Hard-fought negotiations, however, went down to the wire at the global climate conference attended by about 100 heads of State and over 190 countries, and when it eventually closed almost two days later, had a breakthrough to show—a loss and damage (L&D) fund— financial assistance for countries vulnerable to climate change impacts. It is not unusual for COP negotiations—the annual conference convened under the United Nations Framework Convention on Climate Change (UNFCCC)—to go into extra time.

29.11 / 02:49

Dash Nov Experts Divinity country rock Why it took 17 days for rescuers in India to get to 41 workers trapped in a mountain tunnel

Indian rescuers faced repeated and unexpected setbacks during the 17 days they dug through a mountain in the country's north to reach 41 construction workers trapped after a tunnel collapsed there earlier this month

28.11 / 20:03

FIVE Landmark Merit Airlines country Department Vienna Convention for MFN cases? SC to decide

NEW DELHI : European multinational companies facing hefty tax demands in India have filed a review petition urging the Supreme Court to follow the Vienna Convention in interpreting the most-favoured nation (MFN) clause in tax treaties, two people familiar with the matter said. Ruling on a batch of five petitions, a landmark 19 October Supreme Court verdict had backed the tax department in the matter, effectively doubling the withholding tax outgo of these companies, and potentially opening up more companies to similar tax demands. The aggrieved companies soon filed review petitions; among them, Steria India challenged a tax ruling pertaining to the India-France tax treaty.

28.11 / 20:03

Provident CEO Healthcare pandemic hospital patient Mandaviya, top execs to speak at Mint Healthcare Summit today

NEW DELHI : Union health minister Mansukh L. Mandaviya will lead a galaxy of thought leaders, healthcare honchos, investors and independent experts at Wednesday’s Mint Healthcare Summit, the seventh edition in the series.

28.11 / 15:33

Citi Provident Cooper Fighting Remark Southern information India's position on Gaza crisis 'remarkable' from day one: Israeli envoy Naor Gilon

Israeli defence forces have completely destroyed Hamas's infrastructure in northern Gaza except the underground tunnels and the focus at the end of the current pause in fighting will be to clean up the southern part of the strip, Israeli Ambassador Naor Gilon said on Tuesday. In an interaction with a group of journalists, the envoy also described India's position on the Gaza crisis as «remarkable» from the day one and especially mentioned Prime Minister Narendra Modi's strong denunciation of Hamas's unprecedented terror attack on Israeli cities on October 7.

28.11 / 14:49

Provident ATA Inside evacuation Silkyara tunnel rescue: 3 among 41 trapped workers brought out safely

Lt General (Rtd) Syed Ata Hasnain said that the entire operation to evacuate workers from the Silkyara tunnel will take 3-4 hours adding that they are not in a "hurry." Addressing a press briefing in New Delhi, Hasnain said, "It is estimated that it will take 3-5 minutes to evacuate each of the 41 persons. The entire evacuation is expected to take 3-4 hours from the Silkyara tunnel after the breakthrough is achieved." He further said that three teams of NDRF will go inside the tunnel to organise the evacuation.

28.11 / 13:31

stage NOT We must not over-interpret China's grand moves of diplomacy on the world stage

how to manage an aggressive China. Given India’s own rise in the global hierarchy, while carefully assessing shifts in the global order and locating opportunities therein, New Delhi will have to set its own terms of engagement with Beijing.

28.11 / 13:31

Provident Experts ATA Inside Department evacuation Silkyara tunnel rescue: Anand Mahindra big praise for 'humble rathole miners'

Anand Mahindra wrote,"And after all the sophisticated drilling equipment, it’s the humble ‘rathole miners’ who make the vital breakthrough! It’s a heartwarming reminder that at the end of the day, heroism is most often a case of individual effort & sacrifice. Addressing a press briefing in New Delhi, NDMA Member Syed Ata Hasnain said, rat-hole mining experts, who were pressed into manually drilling through the last stretch, had reached the 58-metre point, and there were about two more metres to go. "We are near a breakthrough but not yet there.

28.11 / 13:31

awards Experts country rock reports gatherings Mint Explainer: What China’s $4.5-bn investment in Sri Lanka means for India

Sri Lanka has paved the way for a $4.5 billion investment by China in Hambantota. The town, which also houses a port that was leased to a Chinese state-owned shipping company in 2017, is at the heart of India’s concerns about growing Chinese influence in New Delhi’s strategic backyard. Mint take a look at the announcement and its implication.

28.11 / 13:31

Citi Booking Man CEO Platform pandemic President Can Uber navigate the bumpy road ahead?

NEW DELHI : New Delhi: In the sweltering heat of July, Prabhjeet Singh, a man normally used to spending his days in a plush office, was struggling to navigate the byzantine lanes of Shiv Durga Vihar, Faridabad. The president of Uber India and South Asia wanted to experience the business end of things and had turned taxi driver for the day. Singh, now in his ninth year at Uber, goes on such fact-finding trips every month to get to grips with the ground realities his driver-partners face and the expectations their passengers have.

28.11 / 13:31

exclusive Jubilant FoodWorks to acquire remaining 51.16% of DP Eurasia for €73.36 million via subsidiary

NEW DELHI : Jubilant Foodworks Netherlands BV, a wholly owned subsidiary of food services company Jubilant FoodWorks Ltd, is set to acquire 51.16% of DP Eurasia for €73.36 million. JFN already owns 48.84% ordinary shares of DP Eurasia, which operates as an exclusive master franchisee of the Domino’s Pizza brand in Turkey, Azerbaijan and Georgia. For funding the acquisition, JFN proposes to use a combination of an existing term loan facility availed from HSBC (which is backed by the corporate guarantee issued by the company), Jubilant FoodWorks Ltd said in a regulatory filing on Tuesday.

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