City New Delhi Financial News

26.09 / 06:33
COST UPS Lowe's Airlines Entertainment performer travelers Air India-Vistara merger: CEO Campbell Wilson's blueprint
New Delhi: The Tata group acquired Air India and its low-fare unit Air India Express in January 2022 under a government-led strategic divestment programme. Later that year, the Tata group announced a merger between Air India and Vistara, and between Air India Express and AirAsia India. The two mergers are currently underway.
26.09 / 05:19
Cooper President country play China says willing to play 'constructive' role in APEC's success
China is willing to play a «constructive» role in the success of the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, its top diplomat said on Tuesday, after President Xi Jinping's absence at the annual Group of 20 summit in India. «As the world's largest developing country and an important member of APEC, China is willing to comply with the expectations of the international community and play a constructive role in the success of APEC this year,» said Chinese Foreign Minister Wang Yi. Xi, with no official explanation, did not go to the G20 summit in New Delhi this month, with the Chinese premier, Li Qiang, attending in his place. That prompted the United States to say China was «giving up» on the G20 and was building an alternative world order. «Of course, we and all parties hope that the United States will recognise its responsibility as the host, demonstrate openness, fairness, inclusiveness, and responsibility, and create better conditions for the smooth holding of the meeting,» Wang said at a news conference, when asked whether Xi would attend APEC. Dialogue between China and the United States has been gradually resuming despite tensions between the two superpowers, especially over Taiwan.
26.09 / 04:13
Provident Target BLOCK WhatsApp information testing travelers EAM Jaishankar may respond to Canada PM Justin Trudeau's allegations at UNGA
Canadian Prime Minister Justin Trudeau’s “credible allegations" over Indian involvement in the killing of Pak trained Khalistani terrorist Hardeep Nijjar in June. While New Delhi is still waiting for Canada to provide legal evidence linking India to Khalistan Tiger Force chief Nijar’s killing, it is quite evident that Trudeau’s Sikh politics will not allow him to back down on the issue.
26.09 / 01:31
Cooper Matthews reports Department It's critical Canada's Nijjar case probe proceeds, perpetrators brought to justice: US
Hardeep Singh Nijjar must proceed and the perpetrators brought to justice. Canada has alleged that Indian authorities were behind Nijjar's killing.
25.09 / 20:31
Merit WhatsApp NCLAT to hear SREI Infra plea on 4 Oct
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Monday postponed the hearing on the insolvency case of SREI Infrastructure until 4th October after the company sought time to submit a rejoinder to the Reserve Bank of India (RBI) response. Adisri Commercial, former promoter of SREI Infrastructure, has appealed to the NCLAT challenging the NCLT Kolkata bench decision.
25.09 / 18:09
UPS FIVE country social Pro-poor schemes gain focus as five states approach assembly polls
NEW DELHI : National parties have lined up farm loan waivers, income support schemes and the old pension scheme as they look to seize or retain power in key Assembly elections. Five states—Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh and Mizoram— go to Assembly polls in November and December.
25.09 / 18:09
UPS Cooper country A trade reset
NEW DELHI : Valdis Dombrovskis, the EU’s chief trade negotiator, did some plain-speaking with China on Monday, saying that the latter’s tough security laws and a politicized environment had left European businesses anxious over their future in the country. While on tour there, he also said that the EU was being forced to act assertively.
25.09 / 17:39
Citi Cooper Manufacturing Southern show country Happy for C-295, Spain would like to be trusted bilateral partner for India, says envoy
India from Spain and asserted that Madrid would like to be a «very trusted bilateral partner» for New Delhi. The aircraft was inducted into the Indian Air Force in a ceremony at the Hindan Air Force Station on Monday. Ridao attended the ceremony, which took place in the presence of Defence Minister Rajnath Singh, Air Chief Marshal VR Chaudhari and senior officials of the Indian Air Force (IAF) and those from Airbus and Tata Advanced Systems (TASL). The medium tactical transport aircraft arrived in Vadodara on September 20, days after it was handed over to the IAF in the southern Spanish city of Seville, where Airbus has a facility. «The first plane (C-295) coming from Spain in this programme, and we are very happy, and at the same time, we are very engaged with this programme… we think that it is a great opportunity to become an important partner for India in this particular area, which is defence industry.
25.09 / 17:39
President country exclusive India to cut floor price for basmati rice exports, say sources
India will cut the floor price for basmati rice exports in the coming days, sources familiar with the matter said, after millers and traders complained about a sharp drop in overseas sales of the premium aromatic grain. India will lower the basmati floor price to $850 a metric ton, down from $1,200 a ton, to help millers and traders ship out the rice grade, said the sources, who didn't wish to be identified as they are not authorised to talk to media. Last month, India fixed the floor price, or the minimum export price (MEP), for basmati rice shipments at $1,200 a metric ton. Authorities said the MEP was imposed to help New Delhi ensure that non-basmati rice was not exported as basmati rice. In July, India surprised buyers by imposing a ban on the export of widely consumed non-basmati white rice, following a ban on broken rice exports last year. «The decision to lower the basmati MEP would help farmers who were losing money on account of falling exports,» said Prem Garg, president of the Indian Rice Exporters Federation. «The move will also help India retain its pre-eminent position in the global basmati rice market.» Since basmati rice is not widely consumed in India, and the new season crop will start arriving in the market from next month, India would have faced a glut of the superior grade, Garg said. «A large stockpile would have hammered prices and hurt farmers and India's rice sector, so the move to lower the MEP will be quite helpful,» he said. India and Pakistan exclusively grow premium, aromatic basmati rice.
25.09 / 17:39
Reuters Citizens VISA Aware country information gatherings Indian Canadian Sikh protests outside Indian mission off to a muted start
Sikh group gathered outside the Indian diplomatic mission in Toronto on Monday, a week after Prime Minister Justin Trudeau raised the prospect of New Delhi's involvement in the murder of a Sikh separatist leader in British Columbia. The protests, which are also planned in Ottawa and Vancouver, are aimed at increasing public awareness about India's alleged role in the killing of Hardeep Singh Nijjar, who was shot dead outside a Sikh temple on June 18 in Surrey, a Vancouver suburb with a high Sikh population, one organizer told Reuters. Between 100 and 150 members were expected to join the protests, Jatinder Singh Grewal, a director of the group Sikh for Justice in Canada, said, but only a dozen people had gathered in front of the Indian consulate in Toronto around noon when the demonstration was set to begin. Protesters began chanting «Khalistan live forever» in the Punjabi language. Trudeau said last week Canada was pursuing «credible allegations» that Indian government agents may have been involved in Nijjar's murder. India swiftly denied any role in the killing and described the allegations as «absurd». The accusations have sparked tit-for-tat retaliation from both countries, with each nation expelling diplomats and New Delhi suspending visas for Canadians. «We are asking Canada to expel the India ambassador, Grewal told Reuters on Sunday. The Indian High Commissioner to Canada, Sanjay Kumar Verma, said concerned authorities have been informed of the protests. »Ensuring security of diplomatic premises and personnel is responsibility of the host country.
25.09 / 17:39
Provident Death country information Interpol issues Red Corner Notice against wanted Khalistani leader Karanvir Singh
Interpol, on Monday issued a Red Corner Notice against Karanvir Singh, a member of the banned terrorist group Babbar Khalsa International. Interpol updated its website by putting out a Red Corner Notice for the Khalistleader. According to intelligence sources, Singh is believed to be hiding in Pakistan and was a member of the pro-Khalistan terrorist group Babbar Khalsa International. As per the Interpol portal, 38-year-old Karanvir Singh has roots in Punjab's Kapurthala district. Further, according to Interpol, Singh is wanted by India for criminal conspiracy, murder, offences related to the Arms Act, and Explosive Substances Act, raising funds for terrorist acts, conspiracy, and being a member of a terrorist gang or organisation. A Red Corner Notice is a request to the law enforcement authorities of Interpol's member countries to find and temporarily detain a person until extradition, surrender, or a similar legal process can take place. Earlier, Interpol issued a Red Notice to all member countries against gangster Himanshu alias Bhau, who is believed to be living abroad. Giving details, a spokesman of Haryana Police said Rohtak Police succeeded in getting a Red Corner Notice issued against a most wanted accused, who is believed to have fled abroad. The Red Corner Notice against the wanted pro-Khalistani leader comes amid a diplomatic spat between New Delhi and Ottawa in the wake of Canadian Prime Minister Justin Trudeau's claim of an India hand in the killing of Sikh separatist leader Hardeep Singh Nijjar. New Delhi dismissed the allegations, calling them 'absurd' and 'motivated'. At a news conference in New York, the Canadian PM, however, failed to present any evidence to back his claim of Indian involvement in
25.09 / 17:17
BLOCK Aware TMC plans protest against non-disbursal of funds under MGNREGA scheme in Bengal
MGNREGA scheme in Bengal. Trinamool leader Abhishek Banerjee, ahead of the programme in the national capital, will hold meetings with district leadership, party workers and people, who are also scheduled to join the protest in Delhi, across the state through virtual meetings to create awareness about the protest, people in the know said. Trinamool Supremo Mamata Banerjee and all other top leaders are scheduled to participate in the protest programme in New Delhi at Rajghat on October 2 and in front of central minister Giriraj Singh's residence on October 3. The party leadership has written to the Delhi police on September 6, seeking permission to hold a protest rally in the national capital, which was denied police permission at Ramlila Maidan, sources said. The party leadership has instructed all the ministers and all MLAs to participate in the programmes, which will be conducted state-wide.
25.09 / 16:01
information Ceaseless violence in Manipur is part of well-designed plan of Meitei's "war of independent country": Kuki Inpi Manipur
Kuki Inpi Manipur or KIM, the apex body of the Kuki tribes said that the ceaseless violence in Manipur is unmistakably part of the well-designed plan of the majority Meitei's «War of Independent Country» to secede from the Union of India. This, according to the Kuki Inpi Manipur, can be proven by the revelation of Moirangthem Anand Singh, who was recently arrested by the National Investigation Agency in a case related to a Transnational Conspiracy by Myanmar-based leadership of terror outfits to wage a war against the Government of India by exploiting the current ethnic unrest in Manipur. Moirangthem Anand Singh (45), son of (L) Achou Singh of Singjamei Makha Sorokhaibam Leikai is initially a trained People's Liberation Army (PLA) cadre who later joined the Kangleipak Communist Party (KCP) Noyon group. According to Manipur Police, Moirangthem Anand Singh was arrested six times in 1997, 2001, 2002, 20024, 2005, and 2009 while he was with the PLA, and he was once again arrested after joining the KCP (Noyon) group in 2010. Recently, on September 16, he was arrested along with four others with sophisticated weapons, but released on bail a few days later a lot with the four others.
25.09 / 16:01
Waters Extreme PINK dance reports volunteers United States all set to get its largest Hindu temple next month
United States is all set to get its largest Hindu temple next month on October 8. The BAPS Swaminarayan Akshardham is located 90 km south of Times Square in New Jersey. The 183-acre temple took nearly 12 years to be built and its construction has involved more than 12,500 volunteers from across the US. As per reports, the temple has one main shrine, 12 sub-shrines, nine shikhars (spire-like structures), and nine pyramidal shikhars.
25.09 / 16:01
Citizens VISA country social 2020 travelers Updates Canada updates travel advisory; asks its citizens in India to 'stay vigilant and exercise caution' in context of recent developments
travel advisory for its citizens in India asking them to "stay vigilant and exercise caution" in the context of recent developments as there are calls for protests and some «negative sentiment» towards Canada on social media. Tensions flared between India and Canada following Canadian Prime Minister Justin Trudeau's explosive allegations of a «potential» involvement of Indian agents in the killing of Khalistani extremist Hardeep Singh Nijjar, 45, on his country's soil on June 18 in British Columbia.
25.09 / 15:03
Canada News Hardeep Singh Nijjar Khalistan Sikh Indian Sikh group urges protests outside Indian embassies in Canada over Nijjar murder
Sikh group has called on its members to protest outside the Indian diplomatic missions of main Canadian cities on Monday, a week after Prime Minister Justin Trudeau raised the prospect of New Delhi’s involvement in the murder of a Sikh separatist leader in British Columbia.Trudeau said last week Canada was pursuing “credible allegations” that Indian government agents may be linked to the killing of Hardeep Singh Nijjar, who was shot dead outside a Sikh temple on June 18 in Surrey, a Vancouver suburb with a high Sikh population.India swiftly denied any role in the killing and described the allegations as “absurd.” The accusations have sparked tensions between the two countries, with each nation expelling diplomats, and New Delhi suspending visas for Canadians.Jatinder Singh Grewal, a director for Sikh for Justice in Canada, told Reuters on Sunday that his organization will lead the demonstrations outside the Indian embassies and consulates in Toronto, Ottawa and Vancouver to increase public awareness about Nijjar’s killing.“We are asking Canada to expel the India ambassador,” Grewal said. Representatives for India’s diplomatic missions in Ottawa and Toronto were not immediately available for comment.The Toronto Police Department said it was aware of the planned demonstrations on Monday but declined to disclose details of the security preparations or potential response to any violent situations that may arise during the protest.Nijjar, who worked as a plumber, left the north Indian state of Punjab a quarter-century ago and became a Canadian citizen.
25.09 / 13:17
Reuters VISA WhatsApp country 2020 Indian Khalistani group Sikh for Justice calls for protests outside Indian embassies in Canada
Reuters. A week ago, Canadian Prime Minister Justin Trudeau alleged had New Delhi's “potential link" to the murder of a Khalistani terrorist Hardeep Singh Nijjar in British Columbia in June. Reuters quoted Jatinder Singh Grewal, a director for Sikh for Justice in Canada, as saying on Sunday that his organisation will lead the protests outside the Indian embassies and consulates in Toronto, Ottawa and Vancouver over Nijjar's killing.
25.09 / 04:41
Provident Digital CEO Action President country innovations G20 declaration should spur govt to give big push to MSMEs: Experts
G20 nations under India's presidency should spur the government to give a big push to the MSME sector by simplifying the regulatory process and enhancing their access to affordable capital, say experts. The commitments made in the G20's New Delhi declaration with regard to the MSMEs ought to be followed by the member nations as the sector has the potential to generate employment and promote sustained growth. The New Delhi Declaration adopted early this month said the G20 recognise that startups and Micro, Small and Medium Enterprises (MSMEs) are natural engines of growth.
24.09 / 21:23
BLOCK Citizens VISA WhatsApp Bill 2020 Hardeep Singh Nijjar murder row: Canada’s defence minister Bill Blair calls India ties ‘important’
The West Block by Global News. Exciting news! Mint is now on WhatsApp Channels :rocket: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! “We understand that this can be, and has proven to be, a challenging issue with respect to our relationship with India," he was quoted as saying by Global News. “But at the same time, we have a responsibility to defend the law, defend our citizens, and at the same time make sure that we conduct a thorough investigation and get to the truth." New Delhi expelled a senior Canadian diplomat in a tit-for-tat move to Ottawa's expulsion of an Indian official over the case.
24.09 / 20:13
FIVE Strategy pandemic love country classical India growing more than other markets for Lladro: global chief
Ana Rodriguez. India accounts for 11% of Lladro's global sales. The company generates 69% of its business from heritage concept (high porcelain, classic sculptures, home and licences), 21% from new concept (design sculptures, scent and jewellery), and 10% from lighting. Lladro will also have an «important» investment plan for developing online sales in the country next year, besides launching more mono-brand stores in the country, according to Rodriguez. With the new boutique, Lladro now has eight own-brand stores in India in markets such as New Delhi, Gurugram, Mumbai, Bengaluru, Hyderabad, Chennai and Kolkata. «For us, India is not only a key market but a very strategic market,» Rodriguez told ET.

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