City New Delhi Financial News

19.08 / 02:55
Waters Manufacturing Mobile Orange Features Vande Bharat trains to get new orange exterior and enhanced features today
Vande Bharat Express trains will have eight coaches and comfortable reclining seats. Besides, the new trains are expected to have extended footrests for Executive Chair car class coaches, better access to mobile charging points, and improvements in the basin to prevent water splashes. In addition to this, passengers will also be able to experience better toilet lighting, touch-sensitive reading lamps, and advanced roller blind fabric.
19.08 / 02:33
Citi Lowe's MET BAY country Weather update: IMD predicts heavy rains in Uttarakhand, Himachal Pradesh and These states till 22 August. See forecast
national capital, bringing temperatures down in the city, which was witnessing sultry weather conditions. The showers brought much-needed relief from the intense heat. Regional Weather Forecasting Centre (RWFC), New Delhi has further predicted light to moderate intensity rainfall along with heavy intensity rain over some isolated places in the Delhi-NCR region.
18.08 / 18:17
Provident Target HSBC performer country ‘Open to using trade policy to curb prices’
NEW DELHI : The government has taken several steps to tame inflation, including supply-side measures such as releasing substantial cereal stocks from reserves, proactive import-export management of pulses to ensure supplies and restriction of exports of rice and sugar, finance secretary T.V. Somanathan said. The government is open to using trade policy measures, as and when required, to curb inflationary pressures further, Somanathan said.
18.08 / 18:17
Citi Target Aware Metro awards track 500 Railways eyes ₹7,500 crore from leasing land for commercial use
NEW DELHI : Indian Railways plans to invite bids from private companies to lease out 84 surplus plots worth over ₹7,500 crore in the next 18 months, two people aware of the matter said. The move is part of the land monetization plans by the Rail Land Development Authority (RLDA), which is responsible for the redevelopment and commercial exploitation of surplus land. The authority has been entrusted with 119 commercial sites for development, of which bids for 35 with a lease value of ₹2,835 crore have already been awarded.
18.08 / 17:27
Waters Gap Southern country Water level in dams below 10-yr average
New Delhi: Slow-paced monsoon in the past week has widened the gap in water levels at 146 key reservoirs across the country. During the week ended Wednesday, the water level in dams fell 1% below the 10-year average, for the first time this season, as it dropped 18% from a year ago. During the period, India received 260 mm of rainfall, 58% below normal.
18.08 / 16:51
UPS Platform AGRO expansion Namdhari’s eyes up to $30 mn for expansion
New Delhi: Premium grocery retail chain Namdhari’s Agro Fresh Pvt. Ltd is looking to raise between $20 million and $30 million as it looks to scale beyond South India. Meanwhile, increasing competition from quick-commerce firms and online grocery delivery platforms is also prompting retailers like Bengaluru-based Namdhari’s to boost investments in their brand and scale operations.
18.08 / 13:43
COST UPS FIVE Digital Enterprise country G20 trade and investment ministerial meeting to begin in Jaipur from 24 August
New Delhi: The G20 Trade and Investment Ministerial Meeting will be held in Jaipur on 24-25 August. The meeting will be preceded by the fourth and last Trade and Investment Working Group (TIWG) meeting under India’s G20 Presidency on 21-22 August, the ministry of commerce & industry said.
18.08 / 13:07
Target Citizens Waters Gap AMR country innovations open PM Modi urges G20 nations to open innovations for public good
New Delhi: Prime Minister Narendra Modi on Friday urged G20 nations to facilitate equitable availability of technology and also appealed to them to open innovations for public good. Virtually addressing the G20 Health Ministers’ meet in Gandhinagar, Gujarat, PM Modi said, “Let us open our innovations for public good. Let us avoid duplication of funding.
18.08 / 09:19
FIVE Waters Southern country In a first this monsoon season, water levels at key reservoirs dip below 10-year average
New Delhi: Water level in India's key reservoirs slipped below the 10-average, a first this monsoon season, as rainfall activity turned sluggish across many parts of the country. According to data from the Central Water Commission (CWC), water level at 146 reservoirs as on Thursday was at 111.285 billion cubic metres (bcm), 62% of their combined storage capacity. The level was unchanged week-on-week, but was lower than 135.88 bcm a year ago, and less than the 10-year average of 112.92 bcm.
18.08 / 05:11
Provident Waters Manufacturing Mobile Orange Indian Indian Railways: Revamped orange-coloured Vande Bharat train likely to be introduced on August 19
Vande Bharat trains are all set to make their debut from the Integral Coach Factory in Chennai on August 19. The new train is expected to come with a slew of innovative safety and technical enhancement features. According to a Free Press Journal report, the new eight-coach Vande Bharat trains will come with a striking orange exterior will come with increased seat reclining angle, better access to mobile charging points, extended footrests for Executive Chair car class coaches and improvements in basin to prevent water splashes.
18.08 / 03:17
MET Reuters VISA love Yasin Malik's wife Mishaal Hussain Malik enters Pakistan's interim govt. What's her India connection?
Reuters. Yasin Malik, the chief of the Jammu Kashmir Liberation Front (JKLF), had been found guilty by a National Investigation Agency (NIA) court in terror funding cases and was sentenced to life imprisonment on May 25, 2022. Mishaal Hussain Malik, a Pakistani national, is married to Yasin Malik who is the chief of the Jammu Kashmir Liberation Front (JKLF) in India.
17.08 / 18:33
FIVE Manipur's 10 tribal MLAs 'won't attend assembly session'
MLAs, who have been demanding a separate administration for tribals in Manipur, will skip the state assembly session scheduled to begin from August 21, citing security reasons as the session will be held in Imphal, which is Meitei-dominated. The Kuki-Zo MLAs, including seven from the ruling BJP, have sent a petition to Prime Minister Narendra Modi seeking creation of the posts of chief secretary and director general of police for the five hill districts of Churachandpur, Kangpokpi, Chandel, Tengnoupal and Pherzaw.
17.08 / 18:05
UPS Entertainment performer country song Copyright Event, copyright firms spar over Bollywood songs at weddings
NEW DELHI : A recent government notice saying Bollywood songs can be played at weddings without a copyright licence has revived an age-old tussle between the event management industry and music copyright societies. The public notice issued by the Department for Promotion, Industry and Internal Trade is a blow to the music industry facing minuscule revenues from streaming services, radio and television, and battling piracy, say copyright societies.
17.08 / 18:05
UPS Target Digital Gap Mobile Parke blues Govt spending spree ahead as polls near
NEW DELHI : The Union government, which unveiled ₹1.18 trillion worth of programmes spanning mobility to digital sectors, plans to make additional such mega announcements during the festive season until the year-end, four people with direct knowledge of the matter said. The proposed announcements may include a ₹1 trillion mission mode project to modernize the railway signalling system, a ₹3 trillion Bharatmala Phase-2 programme to boost connectivity to infrastructure projects such as multi-modal logistics parks and ongoing expressways, a ₹5,000 crore incentive package to encourage the construction of vessels and ships to develop a blue economy, and a viability gap funding (VGF) scheme for coal gasification.
17.08 / 18:05
Digital Booking boost stake RBI rejects Cred bid to boost stake in Newtap Fin
NEW DELHI : Cred’s attempt to increase its stake in a non-banking finance company founded by Kunal Shah has run into hurdles, with the Reserve Bank of India rejecting the Bengaluru-based fintech’s application, two people familiar with the development said. The fintech’s plan to increase its stake in Newtap Finance, formerly Parfait Finance and Investments, from the current 23.6% stake suffered a setback after the regulator returned Cred’s application. For now, Shah owns 76%.
17.08 / 18:05
Provident Aviat Aware Metro cover Inside Eight key airports need thousands more in staff
NEW DELHI : India’s swelling airports need thousands of additional security and immigration personnel to avoid the kind of crush witnessed at the beginning of the year, an aviation ministry study found. Just eight airports alone need 3,800 more Central Industrial Security Force (CISF) personnel and 440 more immigration staff, found the study, which covered the metro airports in Delhi, Mumbai, Bengaluru and Chennai, as well as airports in Bagdogra, Indore, Jammu and Srinagar.
17.08 / 15:27
Booking NTPC inks pact to hive off mining biz to its subsidiary
NTPC on Thursday inked a business transfer agreement (BTA) to hive off its mining business, comprising six coalfields, to its arm NTPC Mining Ltd. "NTPC Ltd and NTPC Mining Ltd (NML) have executed the BTA on August 17, 2023, in New Delhi. The BTA shall become effective upon completion of the conditions precedent mentioned in the BTA," a BSE filing stated.
17.08 / 14:35
FIVE Strategy Lost In 1st list for MP assembly polls, BJP focuses on seats it lost in 2018, those reserved for SCs/STs
Madhya Pradesh, the ruling Bharatiya Janata Party (BJP) has focused on seats it lost in 2018 and some of them even in 2013, and has reposed faith in 14 candidates, including three former ministers, who lost last time. In what appears to be a change in strategy, the BJP on Thursday released its first list of 39 candidates, including five women, in Madhya Pradesh even before the announcement of poll schedule, stealing a march over its main rival Congress in terms of election preparedness and finalisation of nominees. Madhya Pradesh, where assembly polls are due by the year-end, has a 230-member House. Last week, the Mayawati-led Bahujan Samaj Party (BSP), a marginal player in the central state known for its bipolar politics, had released its first list of seven candidates, becoming the first political party to do so. The 39 seats for which the BJP has announced its candidates were lost by the saffron party in the last assembly polls held in November 2018, almost all of them to the Congress which formed its government in December that year, but was ousted from power in March 2020. Of these 39 assembly seats, the BJP had failed to win some in 2013 too. A cursory look at the list, which includes a number of seats reserved for SC/ST candidates, indicates the BJP has reposed faith in 14 candidates, including three former state ministers — Lalsingh Arya, Lalit Yadav and Omprakash Dhurwey — who lost elections five years ago.
17.08 / 14:03
UPS Provident Waters Mobile country CWC to provide 7-day flood forecast, launches app FloodWatch
New Delhi: The Central Water Commission will now provide flood forecast for up to seven days on a real-time basis. The move comes at a time when northern India has been battling floods following heavy downpour.
17.08 / 13:13
Booking Manufacturing Align Remark India aims to become global leader in medical devices manufacturing: Mandaviya
New Delhi: Health minister Mansukh Mandaviya on Thursday emphasized the need for India to establish itself as a hub for manufacturing affordable, innovative, and high-quality medical devices. “India has been recognized as the 'Pharmacy of the World'.
17.08 / 13:13
Progressive Manufacturing Action Align Enterprise performer country Govt to leverage annual performance reviews to ensure operational efficiency of CPSEs
New Delhi: The Centre is committed to ensuring optimal operational efficiency of Central Public Sector Enterprises (CPSEs) and will deploy annual performance reviews to achieve this, Union heavy industries minister Mahendra Nath Pandey said on Thursday. Pandey said performance reviews play a pivotal role in assessing CPSEs' progress and refining their operations.

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