City New Delhi Financial News

03.10 / 16:17

UPS Lowe's Target WhatsApp ‘Non-power sales rise is positive for CIL earnings’

NEW DELHI : Coal India Ltd (CIL) that has seen an over 26% surge in stock prices since August-end also scaled 52-week highs on the BSE on Tuesday. Though strong production and sales volume numbers for September helped to build confidence in the company achieving annual growth guidance, it is rising supplies to non-power sector that will help the improvement in blended realisations and profitability. Coal India’s first half FY24 production at 333 MT rose 11.3% year-on-year while total supplies also shot up to 360.7 MT during first half, marking 8.6% y-o-y growth.

03.10 / 16:17

COST UPS Manufacturing Experts performer Rise in cement prices in Sep to offset energy cost hike: Experts

NEW DELHI : The improvement in cement prices seen during September remains positive for the manufacturers amidst rising energy costs. The cement channel checks by brokerages indicate that improvement in cement prices continued in September led by major price hikes in East India. For September 2023 average prices are up 4% month-on-month and for second quarter (Q2FY24) are up 0.5-1.0% sequentially as per analysts at Jefferies India Private Ltd.

03.10 / 15:43

Twitter CEO pandemic show country social consequences India tells OPEC it must be sensitive to needs of oil consuming nations

New Delhi: With oil prices on the boil, union petroleum and natural gas minister Hardeep Singh Puri has asked the Organisation of the Petroleum Exporting Countries (OPEC) to be sensitive to the needs of oil-consuming nations and curb output cuts. Taking to X, formerly Twitter, Puri said he discussed the global energy scenario during his meeting with OPEC secretary general Haitham Al Ghais on Tuesday. "Discussed the global energy scenario in my meeting with OPEC SG, HE #HaithamAlGhais.

03.10 / 15:43

UPS Provident Manufacturing JPMorgan economy country exclusive India can grow 1% faster with more women in labour force, says WB India director

New Delhi: Ensuring women comprise 50% of the labour force could be the best way for India to increase its its GDP growth rate by 1% and touch the 8% growth it needs to become a $5 trillion economy by 2030, World Bank India director Auguste Tano Kouame said in an exclusive interview with Mint, adding however that the global environment is not conducive to its ambitions. Kouame said investments worth about $7 billion could come to India even before Indian securities are included in the JPMorgan emerging markets bond index in 2024. After the inclusion, investments worth more than $25 billion are expected.

03.10 / 13:37

Reuters Citizens VISA Action country reports Factbox-India-Canada ties fray in row over Sikh separatist killing

NEW DELHI (Reuters) — India has asked Canada to reduce its diplomatic staff in the country by more than half, the Financial Times reported on Tuesday, with ties fraying after Canadian Prime Minister Justin Trudeau publicly levelled suspicions that Indian agents were involved in the killing of a Sikh separatist leader in Canada.

03.10 / 09:29

Mobile information reports Raids on NewsClick: Delhi police held mid-night meet before raiding 30 locations, sources

Delhi police raided different premises linked to NewsClick on Tuesday, sources informed that the special cell of the Delhi police held a late-night meeting on Tuesday. The investigation, which is still underway was launched on the basis of information from central agencies. Sources also said that an FIR was filed at the New Delhi Range of Delhi Police special cell against NewsClick. As part of the investigation, editor of NewsClick Prabir Purkayastha and writers Paranjoy Guha Thakurta and Urmilesh were brought to the special cell offices in the national capital today. Sources said that the first meeting before launching the crackdown was held by the top officials of the special cell on Monday (October 2).

03.10 / 05:25

Citizens WhatsApp donates open Electoral Bonds to open for sale tomorrow: Check eligibility, validity, face value, and other details here

electoral bond is a bearer banking instrument to be used for funding eligible political parties. An eligible political party is the one registered under Section 29A of the Representation of the People Act, 1951 (43 of 1951) and secured not less than one per cent of the votes polled in the last General Election to the House of the People or the Legislative Assembly.

03.10 / 04:09

Target VISA Immunic country reports India asks Canada to withdraw dozens of diplomats from the country: Report

This marks an escalation in the crisis that erupted after Canada's Prime Minister Justin Trudeau said India has hands in the murder of Hardeep Singh Nijjar, who was a designated terrorist in India and Khalistani activist. This was followed by both countries expelling a senior diplomat in a tit-for-tat move. New Delhi has told Ottawa that it must repatriate roughly 40 diplomats by October 10, FT reported citing people familiar with the demand.

03.10 / 04:01

WhatsApp information reports India tells Canada to withdraw dozens of diplomats amid Nijjar killing row: Report

Financial Times. People familiar with the matter informed FT that Ottawa has been told by New Delhi that it must repatriate around 40 diplomats by October 10. (This is a developing story. More details are awaited.)"Exciting news! Mint is now on WhatsApp Channels

02.10 / 17:45

Remark President voice Lunar liaisons

NEW DELHI : Speaking in Washington, external affairs minister S. Jaishankar declared it’s difficult to put a limit on India’s relations with the US.

02.10 / 17:45

COST economy Enterprise country social reports Just deserts: Why EU’s carbon tax is facing pushback

NEW DELHI : The European Union’s (EU’s) carbon tax—the Carbon Border Adjustment Mechanism (CBAM)—came into effect on 1 October, causing a wedge between developing and developed countries. Interestingly, it is facing resistance from even within Europe. Mint explains.

02.10 / 17:45

UPS Digital Citizens Manufacturing Platform electronic information Tripathi to lead chip mission

New Delhi: Akash Tripathi, chief executive of the Centre’s citizen engagement platform MyGov, is set to become the new CEO of India Semiconductor Mission (ISM), starting 9 October, people familiar with the matter said on Monday. ISM functions as an independent, specialized division under the Digital India Corp. Established in 2021 with a financial commitment of $10 billion ( ₹76,000 crore) under the ministry of electronics and information technology, its primary mission is to cultivate a robust semiconductor and display ecosystem, besides positioning India as a leading global hub for electronics manufacturing and design.

02.10 / 17:45

UPS Citi Highways Adidas Experts stage Outlet malls, where India’s discount hunters meet top brands

NEW DELHI : Real estate developers across India are embracing the concept of outlet malls, inspired by the success of similar models in the West, offering clothing and footwear at discounted rates as brands seek avenues to liquidate stocks. While retail spaces such as outlet malls are already popular, particularly in Punjab, real estate experts said the trend is emerging as a pan-India phenomenon. Also, foreign outlet developers are also exploring ways to introduce global formats in India, they added.

02.10 / 17:45

Provident WhatsApp How buying a new home can save you capital gains tax on shares, MF

NEW DELHI : For many investors, buying a house is the fulfilment of a long-cherished financial goal. And, it comes with several incentives. For one, the Income Tax (IT) Act provides homebuyers several tax sops to encourage and assist people to own a residential house.

02.10 / 15:23

COST Provident Manufacturing economy country reports Mint Explainer: Is the EU's carbon tax an unfair ‘lagaan’?

New Delhi: The European Union’s much-debated ‘carbon tax’ on imported goods, which has industrial goods manufacturers worried about a potential dampening of margins on their exports, entered into a transitional phase on Sunday. The EU is seeking to impose this first-of-its-kind tax – called the Carbon Border Adjustment Mechanism – on the import of carbon-intensive goods as it looks to become a climate-neutral or net-zero carbon economy by 2050. European companies from seven carbon-intensive sectors – steel, cement, fertiliser, aluminium, iron, electricity and hydrogen products – will have to share data about their carbon emissions with the EU.

02.10 / 13:57

UPS awards WhatsApp President prevention Mint Explainer: Pro-China Muizzu wins in Maldives. What does it mean for India?

Pro-Beijing leader Mohamed Muizzu has won the Maldives presidential election, beating incumbent president Ibrahim Solih in the second-round of the contest. This shift may raise alarms in New Delhi, apprehensive of China's growing influence in the traditionally Indian-aligned Maldives. Mint delves into the implications.

02.10 / 13:15

COST UPS Citi WhatsApp Southern country reports Ft Average office rent in India's top 7 cities at ₹33- ₹166/sq ft, among lowest globally: Vestian

₹33 to ₹166 – a square foot per month, which is the lowest among world's leading markets, as per a report released by real estate consultancy group Vestian. In contrast, the monthly average rent in New York, London, Miami, Seattle and Boston is $40-80 per sq ft, and in Hong Kong, Singapore and Shanghai, it is in the range of $3-8 per sq ft a month, according to the data compiled by Vestian. Among the seven Indian cities – New Delhi, Mumbai, Kolkata, Chennai, Pune, Hyderabad and Bengaluru – the highest average office rentals were observed in Mumbai, the country's financial hub, where it ranges from $1-2.

02.10 / 13:15

UPS Mobile WhatsApp country information reports ad Amitabh Bachchan's Flipkart ad ‘biased’, ‘misleading’, says CAIT, seeks withdrawal

‘Big Billion Days’ sale. In the ad which is now unavailable on Flipkart's YouTube channel, Bachchan was reportedly heard as saying that the mobile deals offered by the e-commerce portal are not available at the retail outlets. Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here! "This advertisement is unjust, unethical, and misguiding customers solely for your benefits, thereby causing significant harm to the business of local shopkeepers," CAIT said.

02.10 / 09:21

Provident Reuters Action WhatsApp track country Department India-Canada news: Are lentils going to be a chokepoint amid diplomatic tension

Also read: Amid India-Canada row, Elon Musk accuses Canadian PM Justin Trudeau of ‘crushing free speech’ But a senior government official told Reuters that New Delhi has not instructed importers to refrain from purchases. Besides, an official with the Canadian Global Affairs Department said that Canada is also not taking any action that would directly affect trade with India.

02.10 / 09:21

Provident Twitter Progressive Manufacturing Hallmark reports travelers First look of Vande Bharat sleeper train coaches out! See Images

Vande Bharat sleeper train with a new design. A Twitter user has posted its images on the microblogging site. “First look of Vande Bharat Sleeper coaches is.

02.10 / 08:55

Landmark WhatsApp Death consequences rights What are a nominee’s rights to investments?

NEW DELHI: Keshav Singhania & Roopal Bajaj

breaking news about city New Delhi

What is the current situation in city New Delhi?

In city New Delhi, the spotlight is on major events that affect the region’s daily life.

Where can I find reliable news about city New Delhi?

We publish verified updates about the situation in city New Delhi, based on information from trusted sources.

What shapes the media agenda in city New Delhi?

The news landscape of city New Delhi is shaped by key decisions by local authorities, reflecting its specific characteristics.