City New Delhi Financial News
15.07 / 15:21
UPS
Provident
Assam CM says there's no opposition to delimitation exercise
Assembly and Parliamentary constituencies, and all this can be taken up during the forthcoming visit of the Election Commission of India. Sarma, who was in New Delhi while talking to media persons, said the state government has submitted a list of constituencies to the EC following grievances for making necessary modifications. «The issues that have surfaced following the draft delimitation will be 99 per cent resolved if they are placed before the Election Commission,» he added.
15.07 / 15:21
Cooper
2024
No cabinet reshuffle prior to 2024 Parliamentary elections: Assam CM
Himanta Biswa Sarma led government completing over two years in office, the chief minister has ruled out reshuffle in the council of minister before next year’s Lok Sabha polls adding that a major rejig will take place before the Assembly elections of 2026. Sarma while talking to media persons in New Delhi ruled out the possibility of a reshuffle of the state cabinet prior to the 2014 Parliamentary elections.
15.07 / 13:57
Reuters
Remark
peace
India's G20 sherpa says brokering peace between Ukraine, Russia beyond bloc's remit
Russia and Ukraine is beyond the remit of the G20 and such efforts will be best undertaken by the United Nations and through bilateral negotiations, India's sherpa to the bloc said Saturday. «Our view is that G20 is an economic forum, not a forum to discuss security issues,» India's sherpa Amitabh Kant told Reuters in an interview.
15.07 / 12:45
Cooper
Chandrayaan-3 launch sets stage for space startup ecosystem: Jitendra Singh
New Delhi: Union minister Jitendra Singh on Saturday said that the successful launch of Chandrayaan-3 will boost space startups and space entrepreneurs. Addressing the G20 Young Entrepreneurs Alliance Summit, the minister said that the Indian Space Research Organization (ISRO) had made history in November last year by launching successfully India’s maiden private Vikram-suborbital (VKS) rocket.
15.07 / 12:37
Citi
MET
Cooper
Assurant
COP28
Support
PM Modi meets COP28 president-designate in UAE, assures India’s full support
New Delhi: Prime Minister Narendra Modi, who is on an official visit to the UAE, met president-designate of COP28, Sultan bin Ahmed Al Jaber, on Saturday, assuring India’s full support for the presidency to the Gulf nation, the prime minister’s office said. According to the PMO, Jaber briefed PM Modi on UAE’s approach to this important meeting.
15.07 / 12:37
Provident
Progressive
Action
Strategy
Promote 'ease of doing farming' : NITI Aayog report
New Delhi: Competition should be fostered among states to improve ease of farming activities and allied businesses so that agriculture can play a key role in India's journey to becoming a developed nation and achieve inclusive development, green growth and gainful employment, the Aayog has said in a report. In a working paper published by the federal policy think tank under the title, 'From Green Revolution to Amrit Kaal: lessons and way forward for Indian agriculture,' the authors--NITI Aayog member Ramesh Chand and consultant Jaspal Singh--listed out measures to be taken to promote the farm sector.
15.07 / 11:19
UPS
regulatory
Arvind Kumar appointed chairman of UP Electricity Regulatory Commission
New Delhi: Arvind Kumar , advisor for industries to the Uttar Pradesh chief minister, has been appointed as the chairman of the Uttar Pradesh Electricity Regulatory Commission (UPERC). Kumar succeeds Raj Pratap Singh whose tenure ended in June.
15.07 / 09:07
Manufacturing
ICE
Display artificial sweetener info front of pack, say consumers
New Delhi: A majority (90%) of urban consumers surveyed in India want food and beverage brands to prominently display the use of artificial sweeteners, wherever applicable, on the front of the pack, according to a survey by LocalCircles. The survey findings suggest that 38% urban Indians consume artificial sweeteners, while one in three consume it every month in the form of diet soda or chewing gum. Sugar-free chocolates and ice cream are other most popular foods with artificial sweeteners among consumers, the survey findings revealed.
15.07 / 08:17
UPS
Provident
Target
Cooper
Progressive
reform
European development bank chief takes reform agenda to G20 talks in India
European Bank for Reconstruction and Development (EBRD), of which India is a shareholder, will arrive in India on Sunday for a G20 finance summit with the reform agenda for multilateral development banks (MDBs) high on the list of priorities. Odile Renaud-Basso, the first woman head of an MDB as EBRD president, will begin her four-day visit in Gandhinagar for the Finance Ministers and Central Bank Governors gathering.
15.07 / 08:03
Citi
Twitter
MET
Indian
Support
Indian Americans rally in support of India at San Francisco consulate after Khalistani attack
Consulate here to express solidarity with India following a recent attempted arson at the diplomatic facility by Khalistan supporters. A video by Khalistan supporters, dated July 2 posted on Twitter, showed the act of arson at the Indian Consulate in San Francisco. It was the second such act of violence within months.
15.07 / 07:57
CEO
Align
Remark
Indian
NOT
Sri Lanka not averse to using Indian rupee as common currency: President Wickremesinghe
Ranil Wickremesinghe has said, days ahead of his first official visit to New Delhi. Wickremesinghe, also the cash-strapped country's finance minister, made this remark while addressing the Indian CEO Forum here this week. «Just as East Asia, including countries like Japan, Korea and China, witnessed significant growth 75 years ago, it is now India's turn, along with the Indian Ocean region,» Wickremesinghe said.
15.07 / 06:15
Cooper
Fighting
Dreams
DAL
Chirag Paswan's LJP is an important part of NDA, says BJP President JP Nadda
Alliance (NDA) led by the BJP. The letter added, " Your party Lok Janshakti Party (Ram Vilas Paswan) is an important partner of the National Democratic Alliance (NDA). As an important partner of the NDA, you are also a major ally in the journey of service, good governance, and poor welfare by the NDA government under the leadership of respected Prime Minister Shri Narendra Modi ji.
15.07 / 04:27
Twitter
VISA
See post | Throwback photo of PM Narendra Modi in front of Eiffel Tower
renewable energy, AI, semiconductors, and more," Modi wrote on Twitter. The Prime of India ensured that New Delhi and Paris will work together to boost the innovation and StartUp ecosystems.
15.07 / 04:27
UPS
Fighting
TikTok
China's top diplomat urges stable ties with India as military tensions simmer
China's top diplomat Wang Yi told the Indian foreign minister that bilateral ties need to be stabilised, as the two Asian neighbours searched for ways to ease simmering military tensions along their vast border. On the sidelines of ASEAN meetings in the Indonesian capital of Jakarta, Wang told Indian External Affairs Minister Subrahmanyam Jaishankar that mutual support between the two nations is needed instead of suspicion, according to a readout from the Chinese foreign ministry.India and China share a 3,800-km (2,360-mile) frontier, much of it poorly marked, and fought a brief but bloody war over it in 1962.
15.07 / 03:47
Manufacturing
Strategy
National
National security strategy must evolve in line with changes in geo-political order: CDS Gen Anil Chauhan
Defence Staff (CDS) General Anil Chauhan said on Friday. Addressing the inauguration of the DRDO Directors' Conclave here in New Delhi, General Chauhan said that the need to perform, reform, transform, inform and conform to meet the emerging challenges. Referring to the «Technology Requirements emerging from Theaterisation», he said superiority in technology and tactics is the need of the hour and Indian Armed Forces are investing in new technologies to win engagements.
14.07 / 19:53
Citi
Cooper
Progressive
Career
Gap
Remark
Herald
Chandrayaan-3 to herald India’s quantum leap in the global arena: Jitendra Singh
New Delhi: Union minister Jitendra Singh on Thursday said that after the remarkable success of India’s Covid vaccine, the upcoming Chandrayaan-3 mission will mark a quantum leap for India on the global stage. Speaking as the Chief Guest at the 11th India Alliance Annual Conclave 2023 in Hyderabad, Singh highlighted the increasing demand for India’s partnership in frontier sectors of science and technology by developed countries.
14.07 / 18:45
UPS
Courts
MCA to withdraw over 7,300 prosecutions pending before courts
New Delhi: To improve ease of doing business, the ministry of corporate affairs (MCA) has introduced a special drive to withdraw 7,388 prosecution proceedings pending before various courts, the ministry said in a statement on Friday. This would lead to a significant reduction of 22% in ongoing prosecutions being pursued by the Central Government.
14.07 / 18:45
Provident
Booking
Action
Mandaviya directs states to reduce the burden of Leprosy, TB, sickle cell anaemia
New Delhi: The union health minister Mansukh Mandaviya has directed the states/UT government to reduce the burden of diseases such as leprosy, Tuberculosis, and sickle cell anaemia. While chairing a two day Swasthya Chintan Shivir being organised in Dehradun, Mandaviya said that this Chintan Shivir can provide us with an opportunity to deep dive into different issues of health sector.
14.07 / 18:33
COST
Lowe's
Target
Manufacturing
Gap
wholesale
Wholesale prices sink deeper into deflationary zone
New Delhi: India’s wholesale price index plunged deeper into deflationary territory in June, even as retail prices, especially food and vegetables, surged, official data showed. The wholesale price index experienced a 4.12% decline in June, driven by lower prices of fuel, textiles, and some food products, according to data released by the commerce and industry ministry on Friday. This decline follows a 3.48% fall in May, marking the third consecutive month of wholesale deflation.
14.07 / 16:55
UPS
Manufacturing
Goods exports & imports plunge over 20% in June
New Delhi: Declining demand and prices worldwide dragged down India’s exports and imports by more than 20% each in June, trade data released on Friday showed. Merchandise exports fell for the fifth consecutive month, registering a steep 22% decline to $32.97 billion from $42.28 billion a year earlier. The value of petroleum product exports plunged nearly 50% during the period, as prices of refined crude products fell.
14.07 / 16:23
COST
NYSE
Action
Compilation
Backed
NYSE to delist Caisse and OMERS-backed Azure as corruption probe drags on
The New York Stock Exchange plans to delist Azure Power Global Ltd., an Indian renewable-power firm controlled by Canadian pension funds that’s embroiled in a corruption investigation.
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