City New Delhi Financial News

22.09 / 17:07
UPS Cooper Platform economy country prevention Pakistan's caretaker PM Kakar rakes up Jammu and Kashmir in UNGA
Pakistan's caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday raised the issue of Jammu and Kashmir in his address to the UN General Assembly, saying that Kashmir is the key to peace between New Delhi and Islamabad. Pakistan consistently rakes up the issue of Jammu and Kashmir at various UN platforms, irrespective of the agenda and topic of discussion at the meetings. Addressing the General Debate of the 78th session of the UN General Assembly, Kakar said Pakistan desires peaceful and productive relations with all its neighbours, including India. «Kashmir is the key to peace between Pakistan and India,» he said. «Development depends on peace. Pakistan is situated in the least economically integrated region in the world.
22.09 / 13:57
Aviat Waters Airlines Parke Discover cover information Go First lessor case: Delhi HC may pronounce final order soon
New Delhi: The Delhi High Court on Friday concluded hearing in the plea moved by three aircraft lessors of the grounded Go First airline alleging inadequate aircraft maintenance. The final order in the case is expected in the first week of October. A single bench of the Delhi High Court led by Justice Tara Vitasta Ganju, reserved the order on the plea after concluding the hearing.
22.09 / 13:12
UPS Manufacturing President show country International Over 2,000 exhibitors participate in UP International Trade Show
Uttar Pradesh International Trade Show- a first of its kind event being held in UP to showcase products manufactured in the state to B2B and B2C buyers from India and abroad. The show being held at the India Expo Mart in Greater Noida was inaugurated on Thursday by president Droupadi Murmu. Murmu pointed out that the G20 New Delhi Leaders' Declaration included the goal of local value creation and identifying the challenges faced by MSMEs and connecting MSMEs at the international level and said the trade show would «advance India's national and international priorities in line with the goals of the G20». CM Yogi Adityanath in his address at the inaugural ceremony said in the last six years UP has moved from being a Bimaru state to becoming a prosperous state.
22.09 / 12:05
UPS FIVE show country Over 15,300 companies set up in August
New Delhi: Over 15,300 companies and 4,668 limited liability partnerships (LLPs) were registered in August, as per available from the ministry of corporate affairs, indicating that the process of incorporation of businesses in the new high security forms is going smoothly. The number of companies set up last month is about 6% more than the over 14,400 companies formed in August last year. In the first five months of this financial year, over 79,300 companies were registered against 78,118 companies set up in the same time a year ago.
22.09 / 12:05
FIVE Manufacturing Micron Bill electronic reports testing Micron Gujarat plant groundbreaking on Saturday: Minister Chandrasekhar
New Delhi: Micron Technology, Inc. will have the groundbreaking of its $2.75 billion assembly, testing and packaging plant (ATMP) in Sanand, Gujarat, on Saturday, Rajeev Chandrasekhar, minister of state for electronics and IT said today.
22.09 / 10:53
Target Citizens Action Asian Games: India slams China for denying accreditation to sportspersons from Arunachal Pradesh
India has lodged strong protests with China over its denial of accreditation for the Asian Games in Hangzhou to some of the Indian sportspersons from Arunachal Pradesh, saying the action violates the spirit of the sporting event and rules governing its conduct. External Affairs Ministry Spokesperson Arindam Bagchi said as a mark of India's protest against China's discriminatory behaviour, Union I&B and Sports Minister Anurag Singh Thakur has cancelled his scheduled visit to China for the Games. Bagchi said India reserves the right to take «suitable measures to safeguard our interests'. »The government of India has learnt that the Chinese authorities have, in a targeted and pre-meditated manner, discriminated against some of the Indian sportspersons from the state of Arunachal Pradesh by denying them accreditation and entry to the 19th Asian Games in Hangzhou, China," Bagchi said. «In line with our long-standing and consistent position, India firmly rejects differential treatment of Indian citizens on the basis of domicile or ethnicity.
22.09 / 10:53
Racing love show track MotoGP apologises for showing a distorted map of India
MotoCaop during their live broadcast of the practice session showed a wrong map. The map didn't include the union territory of Jammu and Kashmir and Ladakh. «We'd like to apologise to our fans in India for the map shown earlier as part of the MotoGP broadcast,» said MotoGP «It is never our intent to make any statement other than that of support and appreciation for our host country.» the statement read. MotoGP has also shown excitement to be able to enjoy the IndianOil Grand Prix of India and its love for the tracks of the Buddh International Circuit, Noida. The Buddh track on the outskirts of the capital New Delhi hosted Formula One for three seasons until 2013.
22.09 / 09:11
Art VISA Action President reports India lodges strong protest as China bars 3 wushu athletes of Arunachal Pradesh from Asian Games
AFP report. India in lodging its opposition said, “China's action violates both the spirit of the Asian Games and the rules governing their conduct, which explicitly prohibits discrimination against competitors from member states." External Affairs Ministry spokesman Arindam Bagchi said in a statement that Union Sports Minister Anurag Thakur's trip to the Hangzhou 2022 Asian Games was cancelled in lodging protest over China's action. The three women wushu fighters are from the northeastern Indian state of Arunachal Pradesh.
22.09 / 08:49
UPS Target Booking economy show reports Economic outlook bright but high oil prices a concern: FinMin
New Delhi: India's economic outlook for FY24 remains bright, with economic activity maintaining its momentum and food prices cooling down. However, rising oil prices remain a concern, the finance ministry said in its monthly economic review for August. Oil prices rose to 10-month highs earlier this week on extended production cuts from key suppliers.
22.09 / 08:09
Cooper Action Assurant information trudeau Indian Trudeau went public with Nijjar claims as it was going to come out in media: Indian-origin Sikh minister
Justin Trudeau went public with allegations implicating India in Khalistan leader Hardeep Singh Nijjar's killing as he learned the story was going to come out in the media. Minister of Emergency Preparedness Harjit Singh Sajjan, who was previously the defence minister, told CBC Radio that Trudeau wanted to ensure Canadians had «accurate information' about the story before it made headlines». Speaking on evidence related to the allegations, the Liberal MP for Vancouver South said that it would be «very inappropriate» for him to discuss anything about that as a police investigation is underway. «When it comes to the evidence, it's the police that hold the evidence.
22.09 / 06:13
UPS Cooper President country shock India-Canada standoff will hit both sides equally: Michael Kugelman, S Asia Woodrow Wilson Center
In an interview to ET Now, Michael Kugelman, S Asia Woodrow Wilson Center, shares his views on the ongoing India-Canada diplomatic feud. Edited excerpts:ET Now: What do you believe has gone so wrong between India and Canada? How do you read this situation?Michael Kugelman: Well, the fact that Justin Trudeau went public with the allegations in the way that he did, I think that is a big reason why relations are where they are. We know that there have been tensions for quite some time between Canada and India.
22.09 / 05:07
Provident Lowe's JPMorgan track Indian index JPMorgan index inclusion pushes Indian bond yields to 2-month lows
The 10-year benchmark 7.18% 2033 bond yield was at 7.1100% as of 10:00 a.m. IST, after closing at 7.1443%, while the liquid 7.18% 2037 bond yield was at 7.2286% after ending at 7.2606% on Thursday. The yields had eased to 7.0717% and 7.1784%, respectively, earlier in the day. «The wait is finally over.
22.09 / 04:19
UPS FIVE Action President country reports Joe Biden raised Khalistani terrorist murder with PM Modi during G20; White House says 'no exemption for such act…'
G20 meeting earlier this month. A Financial Times report said, people close to the development during the G20 meeting cited, “Several members of the Five Eyes — an intelligence-sharing network that includes the U.S., the UK, Canada, Australia and New Zealand — raised the June killing in British Columbia of Hardeep Singh Nijjar, a Sikh separatist leader, with Modi." The leaders intervened at the G20 summit after Canada urged its allies to raise the case directly with Modi, the newspaper reported. However, White House did not immediately respond to the report.
21.09 / 20:39
UPS Action President country reports US says it supports Canada's efforts in investigation against India over killing of Khalistani separatist leader
Canada's efforts to investigate allegations of India's involvement in the killing of a Khalistani separatist leader in Surrey, observing that no country can get any «special exemption» for such kind of activities. Hardeep Singh Nijjar, 45, the chief of the banned Khalistan Tiger Force (KTF) and one of India's most-wanted terrorists who carried a cash reward of Rs 10 lakh on his head, was shot dead by two unidentified gunmen outside a gurdwara in Surrey in the western Canadian province of British Columbia on June 18.Canadian Prime Minister Trudeau on Monday alleged the involvement of «agents of the Indian government» in the killing.
21.09 / 19:27
COST Booking VISA Airlines country India-Canada airfares soar amid troubled ties
₹1.46 lakh. It is more than ₹1.01 lakh on the Toronto-Delhi route. Similar fares for New Delhi-Montreal cost over ₹1.55 lakh and over ₹1.16 lakh in the opposite direction.
21.09 / 18:46
COST Lowe's MET Department Centre Centre seeks inputs over FDI dip worries
MUMBAI, NEW DELHI : Concerned about the decline in foreign direct investment (FDI) ahead of next year’s national elections, government officials met with alternative investment funds, startup founders and fund managers last week to identify and iron out operational challenges impeding capital inflows into India, people present in these meetings said. During the meeting with the department for promotion of industry and internal trade (DPIIT) officials, industry participants highlighted tax authorities’ reluctance to understand the valuation and revenue mismatch in high-growth startups.
21.09 / 18:45
Aviat Airlines Strategy country Inside travelers Indian Inside indian aviation’s high-stakes battle
₹30,231 crore. In an ideal world, bilateral rights are supposed to help airlines from both sides. It allows airlines from respective countries to operate flights within a quota.
21.09 / 18:45
Provident VISA Aware Action country information Suspends services India suspends visa services in Canada
NEW DELHI : India temporarily suspended visa services in Canada, citing heightened security threats to its missions, while also directing Ottawa to cut its diplomatic strength in India, marking an escalation in tensions. New Delhi alleged a lack of action by Canadian authorities to deal with the threats. “You are aware of the security threats being faced by our High Commission and consulates in Canada.
21.09 / 16:53
UPS Target Digital Aware Remark President ‘Govt on course to achieving 12% ethanol blending target this year’
NEW DELHI : The Centre is confident of reaching its target of 12% ethanol blending with petrol target by the end of the current ethanol supply year ending October, Union food and public distribution secretary Sanjeev Chopra said on Thursday. This comes after the government procuring agency Food Corp of India (FCI) temporarily halted the supply of rice for ethanol production in July. While grains account for 20% of ethanol blending with petrol, sugar has a contribution of 80%.
21.09 / 16:53
UPS Extreme Fighting COP economy country ‘India hopeful about climate financing at UN conference’
NEW DELHI : India is optimistic that the UN conference on climate change slated to be held in Dubai later this year will bring greater clarity on the “financial pathways" needed in the fight against climate change, according to environment, forest and climate change secretary Leena Nandan. In doing so, it is likely to build upon the declaration adopted at the recent G20 leaders’ summit in New Delhi, she said in an interview ahead of the 28th Conference of the Parties (COP) of the UN Climate Change Conference, to be held from 30 November-12 December. Edited excerpts: What are the key takeaways of your ministry from G20? The environment and climate sustainability working group has taken on very topical issues which are extremely relevant to the interconnected theme of climate and environment.
21.09 / 16:53
UPS MET Cooper Aware country 2020 Belgium working on high-level visit to India
NEW DELHI : Belgium is planning a high level visit from its senior leadership to India early next year, according to persons aware of the matter. The visit is expected to be at the foreign minister or prime minister level. This comes as Belgian firms eye opportunities in India’s burgeoning defence market, on the footsteps of French, Spanish and German defence firms that have stitched up lucrative contracts with India.

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