City New Delhi Financial News

04.09 / 02:55
Parke Eagle country National park G20 Summit: New park showcases sculptures of national birds, animals from member nations
Hindustan Times reported citing an official from NDMC, that a team of artists affiliated with Lalit Kala Akademi initiated the sculpture creation process in Garhi village back in April. By July, these sculptures had been completed. Subsequently, landscaping efforts have been underway at the park, with the sculptures being installed since July.
04.09 / 02:25
UPS Target cover exclusive end ‘Longest cycle yatra’ in India: Samajwadi Party to cover 25,000 km, end at Jantar Mantar
Lok Sabha elections. Kicking off from Prayagraj on August 9, the yatra has already made its mark. Nine districts in Bundelkhand and eastern UP have been covered, accumulating over 2,000 kilometres on bicycles—the Samajwadi Party's election symbol.
03.09 / 20:07
Provident Citizens Platform 'Allow food, grocery delivery in Delhi during G20 summit'
Food delivery platforms, restaurant chains and food services companies have urged the government to allow deliveries as part of "essential services similar to the pandemic lockdowns", ahead of the G20 summit. The government has announced a series of restrictions and closures and said New Delhi will be considered a «controlled zone». «Food and groceries are essential services. These deliveries were permitted even during Covid-19 lockdowns.
03.09 / 18:19
Art Progressive Extreme beautiful Artworks by Raza, Souza, Mehta fetch record ₹181 cr
NEW DELHI : The artwork of three modern Indian masters, Sayed Haider Raza, Francis Newton Souza and Tyeb Mehta, fetched record bids at Mumbai’s Pundole’s auction house over the weekend. While Raza’s ‘Gestation’ fetched ₹51.75 crore, including commissions, making it the most expensive Indian artwork ever sold at auction, Souza’s work titled ‘Hunger’ sold for ₹34.5 crore, setting a world auction record for the artist. Tyeb Mehta’s sculpture ‘Two Heads’ fetched ₹14.95 crore, gaining the world auction record for a Modern Indian sculpture.
03.09 / 18:19
COST Amazon Platform Entertainment country audience exclusive Price hikes, password-sharing curbs to shape SVoD’s future in India
NEW DELHI : Streaming platforms Netflix and Disney+ Hotstar are in various stages of curbing password sharing in India, while others like Amazon Prime Video raised fees earlier this year, setting the course for subscription-based video-on-demand (SVoD) services in the country. Media and entertainment industry experts said these steps aim at better monetization, as costs of content creation rise with the entry of more players. While many point out quality, rather than volume of content will become critical, others see bundling of apps by aggregators helping affordability.
03.09 / 18:19
Provident Aware SUN Dreams stage IPL team owners eye market listing, PE fundraising
NEW DELHI, MUMBAI : Owners of three Indian Premier League (IPL) teams have approached the Board of Control for Cricket in India (BCCI) regarding their capital raising plans, three people aware of the matter said. While KPH Dreams Cricket Pvt. Ltd (Kings Xi Punjab) and JSW GMR Cricket Pvt.
03.09 / 17:53
BLOCK Cooper Celebrity PM Narendra Modi, Joe Biden may try to sort out civil nuclear irritants
Narendra Modi and US President Joe Biden will discuss possible steps to overcome differences on civil nuclear issues when they meet in New Delhi on September 8, according to people familiar with the matter, as India's nuclear liability law remains a concern for the American nuclear industry since the nuclear deal was signed in October 2008. The American side is exploring options on how to work with India's nuclear liability law, said the people. During Prime Minister Modi's visit to the US in June, both sides underscored the important role nuclear energy plays in global decarbonisation efforts and affirmed nuclear energy as a necessary resource to meet climate, energy transition and energy security needs. The leaders noted ongoing negotiations between the Nuclear Power Corporation of India Limited and Westinghouse Electric Company for the construction of six nuclear reactors in India. «They welcomed intensified consultations between the U.S.
03.09 / 17:19
Lowe's BLOCK Booking AXY Low FPI inflows at six-month low, uncertainty likely to continue
NEW DELHI : Foreign portfolio investment inflows into the Indian markets slowed in August after robust flows from April to July due to worries about impending rate hikes in the US, resulting in higher bond yields and a stronger dollar. Inflows in August were the weakest since February. Fears about rate hikes have also triggered outflows from other emerging markets.
03.09 / 17:19
Waters country Trade in treated waste water: Niti Aayog
NEW DELHI : Trading in treated wastewater among industrial users can be given a try to achieve efficient and productive water-use, according to a report by NITI Aayog. The federal policy think tank said in a report titled ‘water trading mechanism to promote reuse of treated water’ that in many countries water trading has helped achieve water-use efficiency and productivity. Water trading is a water market mechanism that considers water as a commodity that can be traded among users according to their needs.
03.09 / 17:19
UPS FIVE Manufacturing stage country cover Steel ministry sets sights on unused ₹4,000 cr for PLI 2.0
NEW DELHI : The steel ministry is seeking the release of around ₹4,000 crore of unused funds from the existing production linked incentive (PLI) for specialty steel to enable it to launch an expanded version— PLI 2.0—for steel grades used in making defence equipment and automobiles, two persons privy to the development said. With the new PLI edition ready to launch, the steel ministry proposes to write to the finance ministry asking for these unused funds, the people cited above said.
03.09 / 17:19
UPS Action Alcohol content in drugs to be regulated
NEW DELHI : The union health ministry is considering a proposal to regulate alcohol content in drug preparations such as aromatic tincture in order to curb their illegal sale at pharmacies. They are most often used as ‘country liquor’ by economically weaker sections. As part of the proposal, the government plans to amend the Drug Rules, 1945 to bring alcohol-based drug formulations under Schedule H1 from existing Schedule K drugs.
03.09 / 17:19
UPS Target Waters Aware stage country Power Power ministry may recommend GST cut on hydro project components
NEW DELHI : The union ministry of power is likely to ask for a cut in the goods and services tax on components used in hydropower projects. The ministry may seek a cut in components like turbines, steel and cement which are in the higher slabs, two people aware of the matter said. The suggestions were discussed in a recent meeting at the ministry and may be taken up with the finance ministry, they said.
03.09 / 15:53
FIVE country place In swipe at government, Congress says 7th NAM summit took place in 1983 'without much self-serving publicity'
Congress on Sunday took a swipe at the government, saying the 7th Non-Aligned Summit took place in 1983 «without much hype and self-serving publicity» in New Delhi. In a post on X, Congress general secretary Jairam Ramesh also shared a video clip of former prime minister Indira Gandhi receiving world leaders at the summit. The Congress has accused the government of running an «election campaign» using the upcoming G20 meeting in India and using it to divert people's attention from real issues. Ramesh said, «The 7th Non-Aligned Summit took place without much hype and self-serving publicity in New Delhi for five days in March 1983.» «Incidentally, this was the Summit to which Fidel Castro brought along Gabriel Garcia Marquez as part of the Cuban delegation.
03.09 / 10:13
COST Citi Provident Metro G20: Delhi Metro to sell 'Tourist Smart Cards' through dedicated counters from September 4-13
G20 Summit, the Delhi Metro will sell 'Tourist Smart Cards' through dedicated counters at 36 stations from September 4-13, officials said. These cards will be available in two categories — one-day and three-day validity — offering «unlimited rides» in the metro network. The Tourist Smart Cards are available on regular days too but, in view of the G20 Summit, dedicated counters have been opened to sell these cards for a period of 10 days from Monday, a senior official said. The G20 Leaders' Summit is slated to take place in New Delhi from September 9-10. The dedicated counters have been provided to «facilitate G20 delegates and international visitors who might be interested in exploring the prominent tourist places of the capital city as they arrive in Delhi, owing to the upcoming G20 Summit,» the official said. The one-day card will be available for Rs 200 while the three-day card will cost Rs 500. This amount also includes a refundable security deposit of Rs 50, the Delhi Metro Rail Corporation (DMRC) said.
03.09 / 10:07
UPS Target FIVE track country exclusive Diversity best bet, no one-size-fits-all solution to energy transition: PM Modi
Prime Minister Narendra Modi has made a renewed pitch for diversity in the energy mix, saying there is no one-size-fits-all solution for a world looking to transition from fossil fuels to cleaner sources like solar and hydrogen. India, the world's third-largest energy consumer, has repeatedly stressed on energy transition being just and orderly and nations having a free hand in decisions on the pathway based on the availability of resources. «Our principle is simple — diversity is our best bet, whether in society or in terms of our energy mix,» he told PTI in an exclusive interview here ahead of the G20 summit. «There are no one-size-fits-all solutions.
03.09 / 09:11
UPS Metro country G20 Summit 2023: Delhi Metro to sell 'Tourist Smart Cards' for visitors from tomorrow. Details here
G20 Summit 2023: Delhi Metro will be selling 'Tourists Smart Cards' to visitors at 36 stations from 4-13 September. Anticipating the footfall of passengers, the card will be available in two categories--one-day validity and three-day validity cards -- offering "unlimited rides" in the metro network.
03.09 / 07:51
Delhi-bound EMU train derails near Pragati Maidan
train derailed on Sunday near Pragati Maidan, the venue of the G20 Summit, a senior official said. The fifth coach of the Palwal-New Delhi EMU (electric multiple unit) train derailed at 9.47 am, the official said, adding that no passengers were injured. «The train was not crowded.
02.09 / 19:01
country Northern Railways cancel over 200 trains temporarily ahead of G20 Summit in Delhi
G20 Summit, Northern Railways has decided to cancel and divert over 200 passenger trains temporarily from September 8 to 11 here, a notification stated on Saturday. According to the schedule, over 90 trains have been cancelled on September 9. More than 100 passenger trains will be cancelled on September 10 as well.
02.09 / 19:01
Metro exclusive services G20 Summit: Northern Railways to cancel 207 train services, short-terminate 36 on THESE dates
ALSO READ: G20 Summit in Delhi: Offices to opt WFH from Sept 8-10; Check latest traffic advisory for metro, bus services Delhi Police conducted full dress rehearsals in different parts of the national capital on Saturday, advising people to check real-time traffic updates at the 'G-20 Virtual Help Desk' for route suggestions. These route suggestions are for commuting from/to the airport, railway stations, or bus terminals.
02.09 / 09:51
Provident MET Cooper Progressive country ASEAN week PM Modi to attend ASEAN, East Asia Summit meetings in Indonesia next week
External Affairs Ministry said on Saturday.PM Modi will be in Jakarta at the invitation of the President of Indonesia, Joko Widodo. The Prime Minister's visit to Indonesia comes ahead of the G20 Summit to be held in New Delhi on September 9-10 under India's Presidency this year. Indonesia is part of the G20 'troika' as it had the presidency of the grouping last year. The forthcoming ASEAN-India Summit will be the first Summit since the elevation of ties between India and the Association of South East Asian Nations bloc of countries to a Comprehensive Strategic Partnership in 2022. The foreign ministry said that the the Summit will review the progress of India-ASEAN relations and chart the future direction of cooperation. According to a statement, the East Asia Summit would provide an opportunity for leaders of ASEAN countries and its eight dialogue partners, including India, to exchange views on issues of regional and global significance. In August, ASEAN-India Economic Ministers met in Indonesia and the main agenda of this year's meeting was the timely review of the ASEAN-India Trade in Goods Agreement (AITIGA) which was signed in 2009. A joint committee agreed to a regular, quarterly schedule of negotiations, which would conclude the review of the ASEAN-India FTA in 2025. In 2018, Prime Minister Narendra Modi visited Jakarta at the invitation of Indonesian President Widodo.

what's happening in city New Delhi

What is the current situation in city New Delhi?

In city New Delhi, the spotlight is on socially significant developments that affect the region’s daily life.

Where can I find reliable news about city New Delhi?

We publish in-depth coverage about the situation in city New Delhi, based on information from regional journalists.

What shapes the media agenda in city New Delhi?

The news landscape of city New Delhi is shaped by major cultural and social events, reflecting its specific characteristics.