City New Delhi Financial News

24.01 / 00:43

Booking Experts Diversity reports Investigations Scandals Regulator tells auditors to scrutinize loans that are used to divert company funds

Subscribe to enjoy similar stories. New Delhi: The National Financial Reporting Authority (NFRA) has told auditors to thoroughly scrutinize business loans given by companies to private entities linked to their controlling shareholders to catch attempts to divert company funds. The regulator's warning has gone out to both auditors and the audit committees of businesses led by independent directors.

23.01 / 08:29

UPS Provident security hospital 2020 patient Jashvik Capital to acquire over 50% stake in Smart Vision Eye Hospitals

Subscribe to enjoy similar stories. MUMBAI : Private equity (PE) firm Jashvik Capital Advisory Llp is acquiring a majority stake in Smart Vision Eye Specialities Pvt. Ltd, a Hyderabad-based eye care hospital chain, said a person close to the deal.

23.01 / 00:25

markets UPS Aware Food DAL Department Consumer affairs department to get marginal hike in budgetary allocation

Subscribe to enjoy similar stories. New Delhi: The budgetary allocation for the Price Stabilization Fund (PSF), established to build buffer stocks of farm produce and check sudden rises in food prices, may see a marginal increase in the upcoming budget for FY26, with the Department of Consumer Affairs expected to receive an increase of up to 3%, bringing its allocation to ₹10,300 crore, according to two people aware of the matter. This increase for FY26 is aimed at supporting the procurement of pulses, onions, and potatoes for buffer stocks, given the estimated rise in the production of key staple food items.

23.01 / 00:25

COST UPS wellness track travelers Traffic budget 2025 Budget 2025 | Railways may step up investment for augmenting network in FY26 budget

Subscribe to enjoy similar stories. New Delhi: Indian Railways is preparing itself for a big increase in allocations for laying new train tracks in the upcoming budget as part of efforts to modernize the network, deploy fast train and rail travel safer. The plan is to raise allocations for new tracks to over ₹50,000 crore in FY26, a 50% increase over budgeted expenditure for FY25, according to two persons aware of the development.

22.01 / 16:35

markets Food Research President country Dry fruits industry seeks lower import duty in budget

Subscribe to enjoy similar stories. New Delhi: India’s dry fruits industry lobby has urged the government to lower tariffs on walnut imports, cut goods and services tax (GST) for the sector and introduce production-linked incentives (PLI) in the upcoming Union Budget.

22.01 / 08:05

markets Digital Strategy Election PAM country BJP's Parvesh Verma files Rs 100-crore defamation suit against Kejriwal

BJP MP Parvesh Verma has filed a Rs 100-crore defamation case against AAP supremo Arvind Kejriwal and Punjab Chief Minister Bhagwant Mann, accusing them of levelling false allegations against him. Verma said if he wins the case, he plans to use the money for development work in his New Delhi constituency, from where he is contesting the February 5 assembly polls against Kejriwal.

22.01 / 01:03

markets Provident Digital Racing Strategy Experts PAM AI GPU race enters final lap as MeitY opens financial bids

IndiaAI Mission — for procurement of 10,000 graphics processing units, people aware of the development told ET.

22.01 / 00:19

markets UPS Manufacturing Strategy Enterprise electronic reports Electronics manufacturing firms tipped to outperform indices this year

Subscribe to enjoy similar stories. New Delhi: Electronics manufacturing services (EMS) companies which rallied sharply on stock markets over the past year before last month's decline have room for growth given the expected rollout of government incentives and the inherent growth potential of homegrown companies, multiple analysts said. Shares of companies such as Dixon Technologies, Amber Enterprises, Kaynes Technology and Syrma SGS Technology may clock strong double-digit growth, they said, outperforming headline indices.

21.01 / 17:05

markets Cooper Strategy Remark country Relationships peace Sino-India ties should be viewed from strategic height, long term perspective: China

Chinese Foreign Ministry said on Tuesday. The ministry was reacting to External Affairs Minister S Jaishankar's recent remarks that the India-China relationship is trying to disentangle itself from the complications arising from the post-2020 border situation and more thought needs to be given to the longer-term evolution of the ties.

21.01 / 11:39

markets Trade President Experts country rights Relationships Anticipate strong momentum, but there will be challenges: Experts on India-US ties under Trump 2.0

Donald Trump's unpredictability, many foreign policy experts anticipate a «strong momentum» in India-US ties under his second administration while others have cautioned that there will be «some challenges» going forward. Trump on Monday took oath as the 47th President of the United States and announced a raft of executive decisions while saying that the «golden age» of America has just begun.

21.01 / 02:03

UPS Maxim economy BAY Trade President Adapt to a Trumpian world order in a way that makes India great

Subscribe to enjoy similar stories. How should India advance its interests in the Trumpian world that was inaugurated on Monday? As US president, Trump is expected to alter American and global norms on trade, migration, climate change, relations between government and business, the use of military might and more. His avowed goal is to make America great again (MAGA).

21.01 / 00:47

COST Analysis Experts reports Fresh US sanctions on Russian oil may hit GRMs of Indian refiners

Subscribe to enjoy similar stories. New Delhi: Gross refining margins of Indian oil refiners are likely to shrink going ahead post fresh sanctions on two Russian oil producers and nearly 200 crude-carrying vessels, according to sector experts. Buyers of cheap Russian oil may now have to look at other sources of oil which are unlikely to be offered at discounts, they said.

20.01 / 23:51

markets UPS Cooper Aware security country Source, stock and transport: Centre's plan for private firms in onion logistics

Subscribe to enjoy similar stories. New Delhi: Steep prices, rotting stocks and cartel concerns - The heartburn that comes with onion harvests every year may become a thing of the past, with the government looking to sign up private firms for efficient storage and transport of the kitchen staple to supplement its own buffer stocks. Selected companies will source and store onions from hubs in Maharashtra, Karnataka and Madhya Pradesh at a pre-agreed price, to be delivered across the country when needed, a person aware of the plans said on the condition of anonymity.

20.01 / 16:23

markets security Strategy Experts PAM social Bangladesh to equip paramilitary border guards with sound grenades, tear gas

Bangladesh's interim government on Monday said it will equip the country's paramilitary border guards with non-lethal sound grenades and tear gas canisters, mirroring practices adopted by its Indian counterpart. Home Affairs Adviser retired Lieutenant General M Jahangir Alam Chowdhury confirmed the decision during a press briefing at the Secretariat here.

20.01 / 08:01

UPS Aviat Airlines Destinations rowing budget 2025 Budget 2025: Will India’s aviation sector fly higher?

Subscribe to enjoy similar stories. New Delhi: India's aviation sector is growing rapidly, this is evident from record breaking domestic passenger movement and pending delivery of over 1000 aircraft to Indian airlines. In November 2024, for the first time ever the daily domestic passenger numbers crossed 5 lakh mark.

20.01 / 00:51

COST Provident Aware Gap security Death cover Insurance coverage under PMJJBY and PMSBY may be doubled in the upcoming budget

Subscribe to enjoy similar stories. New Delhi: The Central government may more than double the insurance coverage under its schemes, the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and the Pradhan Mantri Suraksha Bima Yojana (PMSBY), in the upcoming budget, two people aware of the matter told Mint. The initiative aims to strengthen financial security, especially for individuals from economically weaker sections, while advancing the vision of 'Insurance for All by 2047,' ensuring comprehensive insurance access for every individual and business in India, the people mentioned above added.

19.01 / 19:05

markets Digital Strategy Experts RAI PAM sanitizer Arvind Kejriwal proposes housing scheme for sanitation workers in Delhi

AAP national convener Arvind Kejriwal on Sunday proposed a joint housing scheme with the Centre for retired safai karamcharis (sanitation workers).

19.01 / 17:57

markets Digital Strategy PAM Videos Arvind Kejriwal makes pit stop for 'veg momo' amid Delhi campaign

Arvind Kejriwal on Sunday made a pit stop to savour vegetable momo at a roadside stall while out campaigning. The AAP shared a video on X from its official handle, showing Kejriwal eating steamed momo amid cheers from supporters.

19.01 / 17:09

markets Digital Strategy PAM rights peace Would like to thank New Delhi for 'supporting' our 'right' to self-defence, says Israeli envoy

hostage-release deal between the two sides followed 15 months of conflict that was triggered by a shocking attack by Hamas on Israel on October 7, 2023.

19.01 / 05:23

markets Digital Booking Strategy Experts PAM BYD launches Sealion 7 EV in India, deliveries to begin in March

BYD Co. launched its electric utility vehicle Sealion 7 in India on Saturday as the Chinese carmaker seeks to increase its market share in the country’s budding segment.

18.01 / 18:59

markets Digital Cooper Strategy PAM Relationships India has to prepare for 'expressions' of China's growing capabilities: Jaishankar

External Affairs Minister S Jaishankar said on Saturday. Delving into various aspects of New Delhi's relations with Beijing over past decades, Jaishankar said «misreadings» by past policy-makers, whether driven by «idealism or absence of realpolitik», has helped neither cooperation nor competition with China.

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