City New Delhi Financial News
06.02 / 10:03
markets
MET
Art
classical
Department
Interviews
The Met’s Indian affair: Iconic New York museum embraces India’s contemporary art boom
Subscribe to enjoy similar stories. New Delhi: New York’s iconic Metropolitan Museum of Art is deepening its ties with India’s booming contemporary art scene to add to its already vast collection of 4,000 pieces of Indian art. Max Hollein, chief executive of the $6 billion institution, recently visited India with an eye on the country’s contemporary art that’s been gaining global attention recently.
06.02 / 06:27
Maxim
Boxing
film
Trade
Experts
performer
audience
Frontloaded box-office returns are making theatrical runs shorter
Subscribe to enjoy similar stories. NEW DELHI : Recent big hits such as Singham Again, Animal and Bhool Bhulaiyaa 3 may have clocked impressive numbers, but over 60% of their box office collections have come from the opening weekend or first week, with the movies unable to build substantially on what they make over the first few days. Trade experts warn that numbers may be growing thanks to inflated ticket rates, but such frontloaded box office receipts reduce the lifespan of films in theatres, which, in turn, are struggling with content paucity overall.
06.02 / 00:51
markets
security
Research
Trade
track
pop
International
On cards, a code to unlock makhana's full potential
Subscribe to enjoy similar stories. New Delhi: The ministries of commerce and agriculture are working on securing a globally accepted HSN (harmonized system of nomenclature) code for foxnuts to boost exports of the popular aquatic crop, two people aware of the matter told Mint. Makhana, as it is called in India, has gained global recognition for its nutritional value, but is currently exported as a “dry fruit", making it difficult for authorities to accurately track exports.
05.02 / 14:27
Digital
Healthcare
country
hospital
Department
patient
AIIMS Delhi to be developed as model Ayushman Bharat Digital Mission facility, only e-prescriptions to be generated
Subscribe to enjoy similar stories. New Delhi: The Centre plans to develop India’s premier hospital—All India Institute of Medical Sciences (AIIMS) Delhi—as a model Ayushman Bharat Digital Mission (ABDM) facility where only e-prescriptions will be generated.
05.02 / 14:27
Manufacturing
wellness
country
recommendations
medicines
Pharmaceuticals
India’s apex drug adviser’s term expired in October. The govt didn’t know.
Subscribe to enjoy similar stories. New Delhi: India’s highest decision-making body on technical matters related to medicines ceased to exist in October after its three-year term came to an end, grinding to a halt all drugs-related policy activities in the country ever since.
05.02 / 14:27
markets
COST
UPS
FIVE
Digital
Citizens
country
OpenAI discussing localization of ChatGPT India data
Subscribe to enjoy similar stories. Generative AI pioneer OpenAI has begun discussions to house data of its Indian users within the country, three executives who attended Wednesday's New Delhi meeting with the company's chief executive said. “OpenAI is looking for ways to expand its India presence, which is a natural process since India is one of the biggest developer ecosystems for the company.
05.02 / 14:21
markets
Digital
security
Strategy
Election
PAM
Three generations, one commitment: Families vote together in Delhi Assembly polls
democratic participation. As voting took place across 13,766 stations in the city's 70 Assembly constituencies, the electoral battle remained a triangular contest between the Aam Aadmi Party (AAP), the Bharatiya Janata Party (BJP) and the Congress.
05.02 / 13:13
markets
FIVE
Airlines
security
pandemic
2020
Courts
Former SpiceJet pilots join bankruptcy chorus over ₹3 crore unpaid dues
Subscribe to enjoy similar stories. NEW DELHI : Two former pilots of SpiceJet Ltd have approached the Delhi bench of the National Company Law Tribunal (NCLT), seeking to declare the airline bankrupt over unpaid dues totalling ₹3 crore.
05.02 / 13:13
markets
UPS
economy
Sustainability
Research
Cycling
reports
How equity investors can ride the post-Budget wave
Subscribe to enjoy similar stories. New Delhi: India is currently in the midst of two extremely rare occurrences. First, Prayagraj is hosting the Maha Kumbh, which occurs once in 144 years.
05.02 / 00:59
UPS
Action
Research
President
electronic
reports
India begins to design own AI chip. The tougher part comes next
Subscribe to enjoy similar stories. New Delhi: India has taken the first step to develop an AI chip from the ground-up to substitute Nvidia’s powerful processors, which have shaken up the global tech landscape and re-established the US's outsized dominance in the crucial sector. Work on developing the framework for the chip to power artificial intelligence systems is under way, and an official announcement is expected later this year, said three senior officials aware of the development.
04.02 / 09:09
UPS
SEC
Healthcare
Experts
NMC
hospital
Colleges
India's specialty medical courses lack uniform standards. Regulator plans to fix it
Subscribe to enjoy similar stories. New Delhi: The National Medical Commission (NMC) is planning to set up committees of experts to review the postgraduate curriculum to lift the standard of specialty courses offered in India to global levels. The apex medical education regulator’s Post-Graduate Medical Education Board will set up a Specialty Expert Committee (SEC) for each postgraduate specialty to “enhance the quality and uniformity", Dr B.
03.02 / 17:41
CEO
Compilation
Strategy
WhatsApp
show
country
Standard Charter CEO Winters to Visit India Amid Rising Wealth Focus
Bill Winters, chief executive officer of Standard Chartered Plc, will visit India this week as the London-based lender seeks to bolster its presence in the South Asian country.
03.02 / 10:21
COST
economy
Trade
President
War
Excessive rupee volatility may impact trade, but remains a free-float currency: Finance secretary Tuhin Kanta Pandey
Subscribe to enjoy similar stories. NEW DELHI : Finance and revenue secretary Tuhin Kanta Pandey emphasized on Monday that the Indian rupee remains a free-floating currency and the government is not alarmed by exchange rate fluctuations, which are driven by cross-border capital flows. This comes as the rupee tumbled to a record low of 87.29 against the US dollar, dropping 67 paise in early trade, following fresh tariffs imposed by US president Donald Trump, sparking fears of a broader trade war.
03.02 / 10:21
UPS
Provident
Sustainability
Enterprise
Food
wellness
Centre will sustain capex: Expenditure secretary Manoj Govil
Subscribe to enjoy similar stories. NEW DELHI : The central government will maintain its focus on capital expenditure in the final quarter of 2024-25, and the year ahead, despite a dip in the first half of the year, expenditure secretary Manoj Govil said on Monday.
03.02 / 08:49
Provident
Platform
Fighting
Assurant
information
reports
Investigations
How small credit card disputes with banks can snowball into major mistrust
NEW DELHI: Mumbai-based Yateen Kahate applied for Axis Bank's Magnus credit card in July 2023. Two months later, the bank revised the terms and conditions, raising the fee waiver threshold from ₹15 lakh to ₹25 lakh. Kahate was exempt from the revision for one year as the changes applied to cards issued after September 2023.
03.02 / 07:35
Provident
Align
Discover
Bill
Experts
country
Interviews
Self-declaration to simplify duty payments and refunds for businesses: CBIC chief
Subscribe to enjoy similar stories. NEW DELHI : The Centre has introduced a major simplification to customs procedures through an amendment in the Finance Bill 2025, aimed at enhancing ease of doing business for importers and exporters. The reform allows businesses to voluntarily revise customs declarations after clearance—either to pay additional duty or claim refunds—without undergoing time-consuming appeal processes.
03.02 / 01:13
Manufacturing
Action
Trade
President
War
electronic
Pharmaceuticals
Trump's tariff war: How India might avert damage
Subscribe to enjoy similar stories. New Delhi: India is preparing an action plan to steer clear of a potential trade war with the US, two people aware of the matter said. The development comes in the backdrop of a tariff war erupting between the US and Mexico, Canada and China, with tariffs and retaliatory tariffs being traded blow for blow.
03.02 / 01:13
markets
UPS
Target
Cooper
wellness
country
Interviews
The big post-budget interview: Nirmala Sitharaman says she wanted to ‘honour the taxpayer’
Subscribe to enjoy similar stories. New Delhi: The tax cut announced in the budget was driven primarily by the intent to honour the honest taxpayer, said finance minister Nirmala Sitharaman. In a wide-ranging interview to Mint and HT, she explained the philosophy behind the new Income Tax bill expected to be tabled in Parliament this week, what the government is doing to ensure regulators don’t operate in silos, how the government is trying to diversify export markets and the plan to reach 8% GDP growth to become a developed country by 2047.
02.02 / 23:59
markets
UPS
Manufacturing
Research
electronic
reports
budget 2025
Budget 2025: Not all LED TV makers are thrilled about duty exemption on open cell parts
Subscribe to enjoy similar stories. New Delhi: The exemption of import duties on components required for making open cells—a key part of LED televisions—has divided India’s nearly-$10-billion TV industry.
02.02 / 18:05
markets
Assurant
Election
reports
volunteers
Investigations
No written complaints traced: EC responds to Kejriwal's letter alleging 'attacks' on AAP workers
Aam Aadmi Party national convenor Arvind Kejriwal alleged 'harassment' of his party workers ahead of Delhi assembly elections, the Election Commission of India on Sunday responded that no written complaints with the police could be traced with regards to the allegations levelled by the former Delhi Chief Minister.
02.02 / 18:05
markets
Booking
Strategy
country
rights
Relationships
Introspection by states and societies has always been important for conflict resolution: Ajit Doval
conflict resolution, National Security Advisor Ajit Doval on Sunday said, 'Introspection by states and societies has always been important".
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