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bond yields ended marginally higher on Friday as debt auction added to overall supply, while market participants shrugged off domestic growth numbers, which came largely in line with expectations. The benchmark 7.26% 2033 bond yield ended at 7.1671%, after closing the previous session at 7.1655%. The yield, however, ended the week 3 basis points lower. New Delhi raised 390 billion rupees ($4.72 billion) through the sale of bonds, at cutoffs that nearly met estimates. However, some mutual funds were selling longer-duration papers after the auction results, traders said. «The 10-year bond yield should peak in September as demand-supply dynamics are expected to improve from October.

IndiGo has announced the launch of a direct flight between Delhi and Itanagar from October 2. The airline will operate four flights a week between New Delhi and the Arunachal capital on Mondays, Tuesdays, Fridays and Saturdays, the airline said in a statement on Friday. Flight 6E 5927 will depart from New Delhi at 9.10am and reach Donyi Polo airport in Itanagar at noon.

Union road transport and highways minister Nitin G... moreUnion road transport and highways minister Nitin Gadkari on Tuesday said total length of the national highways in the country increased by about 59% in the last nine years.

₹20 and a shareable 500ml pack priced at ₹30. “The introduction of Campa Cricket is a testimony to RCPL’s vision of offering a wide range of high-quality and innovative products to Indian consumers at compelling price points.

Lavrov said on Friday. Lavrov, who has served as President Vladimir Putin's foreign minister since 2004, is due to represent Russia at the Sept. 9-10 meeting of the Group of 20 leading industrialised and developing countries in New Delhi. Putin is not known to have travelled abroad since the International Criminal Court issued an arrest warrant for him in March on suspicion of war crimes in Ukraine. «There will be no general declaration on behalf of all members if our position is not reflected,» Lavrov told students at the prestigious Moscow State Institute of International Relations. The Kremlin casts the Ukraine war, which began when Russia invaded in February 2022, as an existential battle with an arrogant West that Putin says wants to dismantle Russia and take control of its vast natural resources. The West denies any such intentions but says it wants Ukraine to defeat Russia on the battlefield and has imposed several rounds of sweeping economic sanctions in response to the invasion, which Russia calls a «special military operation». Other leading powers such as China, India and Brazil have called for peace but also reserved the right to determine their own relationship with Moscow.

New Delhi: India’s beauty and personal care market is projected to touch $30 billion by 2027, accounting for about 5% of the global market, according to a report launched by Redseer Strategy Consultants along with Peak XV. The beauty market in India is currently under-penetrated, on a per capita basis spends on beauty and personal care stand at $14 in the country compared to $313 in the US and $38 in China. Meanwhile, the report projects that online commerce will become a “significant channel" for the beauty and personal care industry.

What's the G20 Summit Location in DelhiThe primary venue for the summit will be Bharat Mandapam, Pragati Maidan, where the discussions and deliberations will take place on September 9th and 10th. Additionally, delegates will embark on visits to several notable sites during the summit, including Rajghat, the National Gallery of Modern Art (NGMA), and the Indian Agricultural Research Institute (IARI) in Pusa.Impact on Traffic MovementFrom September 7th to September 10th, there may be temporary traffic regulations implemented in and around New Delhi.

NEW DELHI/SYDNEY : Indian billionaire Mukesh Ambani's Reliance Retail Ventures is in advanced talks with global investors to raise around $2.5 billion by the end of September, ahead of a potential stock market listing, people familiar with the matter told Reuters. Three sources said the target fund raise of $2.5 billion is part of a combined $3.5 billion target the firm has set for itself, a part of which - $1 billion - came from Qatar Investment Authority (QIA) and was announced last month.

G20 Summit, the Noida traffic department has decided to control the movement of heavy vehicles from Noida to Delhi. As per a TOI report, Between September 7 and 10, these vehicles will be rerouted via the Eastern Peripheral Expressway, according to DCP (traffic) Anil Kumar Yadav. The Delhi traffic department has already issued an advisory aimed at restricting the entry of heavy, medium, and light goods vehicles into the capital during the international summit.

The G20 Summit, a global forum for international economic cooperation, has emerged as a platform that brings world leaders together and significantly influences the host country’s economic landscape. As New Delhi takes centre stage to host this prestigious event, its impact reverberates far beyond diplomatic discussions.

New Delhi: Southwest monsoon is expected to revive in September, with rainfall seen normal during the month in the range of 91-109% of the long period average of 167.9 mm, the India Meteorological Department (IMD) has forecast. This comes after the country experienced its driest August since 1901. Mint delves into the projection and what it means for the country's overall rainfall activity.

New Delhi: The government has increased the price of natural gas to $8.60 per metric million British thermal unit (mmBtu) for September, from $7.85 in August. However, the price of the gas from the nominated gas fields of ONGC and Oil India has been kept unchanged at the price cap of $6.5 per mmBtu. "The price of domestic natural gas for the 1st September 2023 to 30th September 2023 is notified as $8.60/MMBTU on gross calorific value (GCV) basis," said the notification dated 31 August.

New Delhi: The Appointments Committee of the Cabinet (ACC) approved the appointment of several officers for post of secretary, late Thursday night. Key among them are Neeraj Mittal, a 1992 batch IAS officer who is currently the principal secretary of information technology department in Tamil Nadu, as the new secretary in the department of telecommunications. Mittal has been a senior advisor at World Bank Group and joint secretary in the Ministry of Petroleum and Natural Gas.

Alliance' is a bloc of 26 opposition parties who have gathered in Mumbai for their third national-level meeting. Their meeting began on 31 August and will gather gain on Friday (1 September) in the financial party. At the same time, the ruling National Democratic Alliance or NDA, led by the Bharatiya Janata Party at the Centre will also hold a meeting today to chalk out plans to remain in power for a third consecutive time.

New Delhi: Packaged food company Nestle India on Thursday said it needs to monitor the specter of food inflation after a deficit rainfall in August is expected to impact kharif crop sowing. However, Suresh Narayanan, the chairman and managing director of Nestlé India, said consumer demand at the moment remains “stable and robust". “Now, it is seeming reasonably clear with the deficit of monsoons, already reported at 30%, even if kharif sowing is good, kharif productivity might get impacted.

India has put on hold a request by Ukrainian MPs and think-tank delegation to visit New Delhi up until the end of the G20 Summit to avoid any controversy ahead of the mega event. The Ukraine conflict has cast shadow over the G20 deliberations in the run up to the summit and the Modi government may have wanted to avoid yet another controversy ahead of the event, it has been learnt. The think-tank dialogue may now be held virtually. There are also no plans so far to invite Ukraine President Volodymyr Zelensky for a virtual address. India had earlier ruled out inviting him in person, saying there are no plans to make any changes in the invitee list.

NEW DELHI, MUMBAI : Viacom18 Media Pvt. Ltd, a unit of Reliance Industries Ltd (RIL), secured the media rights for all bilateral cricket matches to be played in India during the next five years for ₹5,963 crore through the e-auction conducted by the Board of Control for Cricket in India (BCCI) on Thursday. The RIL-run broadcaster outbid Sony Pictures Networks India across digital and television, while the third bidder, Disney Star, placed just a couple of bids, according to two people familiar with the development.

NEW DELHI : The Adani Group faced fresh allegations of opaque financial dealings after a global network of investigative journalists published a report alleging that the company invested millions of dollars in its own companies through secret offshore structures. The Organized Crime and Corruption Reporting Project’s (OCCRP’s) investigations, published by The Guardian and Financial Times, dragged down the market value of the 10 Adani group stocks by ₹35,210 crore.

NEW DELHI : The Indian economy expanded 7.8% in the first quarter of the current fiscal year on higher government and private capital expenditure and strong services growth, official estimates released on Thursday showed. A Mint poll of 22 economists had estimated the growth in gross domestic product (GDP) at around 7.8%. In the fourth quarter of 2022-23, GDP growth stood at 6.1% against a 4.4% growth rate witnessed in the preceding three months, according to data from the National Statistics Office (NSO).

NEW DELHI : Centre will unveil a new interest subvention scheme for urban housing in September, union minister for housing and urban affairs Hardeep Singh Puri said. Addressing a press conference, Puri said the scheme is almost ready. “We are fleshing out the details of the scheme and then it will be in public.

NEW DELHI : India will have to do “more things" to match the UK’s far more open economy as they negotiate a free trade agreement (FTA), UK’s Secretary of State for Business and Trade, Kemi Badenoch said. Badenoch, who was in India for both a G20 trade and investment summit in Jaipur and FTA talks, said the deal will set a “precedence" due to its unique nature.“The UK has a relatively open economy compared to India. So of course, there will be more things that require movements on the Indian side..