City New Delhi Financial News

29.11 / 17:15
markets Provident Extreme security country International Security agencies should focus on emerging security challenges along eastern border: Amit Shah
The focus should be on emerging security challenges along the eastern border, immigration and trends in urban policing, Shah was quoted as saying in an official release. The home minister's statement bears significance as India's eastern neighbour Bangladesh has seen unrest following the ouster of its then prime minister Sheikh Hasina and an interim administration taking charge in August.
29.11 / 14:03
markets Digital Trade Experts AVP country voice Lost some trust at MC13, will work to deliver on investment pact: Reappointed WTO DG
World Trade Organization (WTO) Ngozi Okonjo-Iweala Friday said that in the short to medium term, she would like to work to deliver on the Investment Facilitation for Development (IFD) and that some of the trust which was built at the 12th ministerial conference (MC12), was lost in MC13. WTO members Friday appointed incumbent Okonjo-Iweala as DG the organization for a second term. Her second four-year term will begin on September 1, 2025. Okonjo-Iweala took office as DG in March 2021 and is the first African and the first woman to serve as the head of the global trade watchdog. On IFD, she said in a statement: “We have to find a way forward to handle the concerns of the few members who continue to voice reservations on this matter.”
29.11 / 09:59
markets Digital Strategy Align Experts Diversity International Nasscom unveils 'The Developer's Playbook' for responsible AI in India
Nasscom has unveiled 'The Developer's Playbook for Responsible AI in India', amid challenges faced by developers in navigating complex and rapidly-evolving AI risk management landscape. The playbook offers a voluntary framework for developers to identify and mitigate the potential risks associated with the commercial development, deployment, and use of AI in India. «Recognising the challenges faced by developers in navigating the complex and rapidly evolving AI risk management landscape, the Nasscom Responsible AI Hub… unveiled The Developer's Playbook for Responsible AI in India,» Nasscom said in a release. The playbook was launched at the inaugural edition of Confluence for Responsible Intelligence (RICON) in New Delhi.
29.11 / 06:55
UPS Target Action Strategy economy reports India to come up with mitigation action for high carbon-emitting sectors like steel, cement, refineries, fertilisers
Subscribe to enjoy similar stories. New Delhi: The Union government plans to come up with mitigation action based on carbon capture and clean coal for industries that are among the biggest emitters of gases that cause global warming, Niti Aayog member V. K.
28.11 / 14:49
markets UPS Target President country International COP kicks the climate can down the road, again
Subscribe to enjoy similar stories. New Delhi: Shorn of negotiator parlance, the latest edition of the Conference of Parties (COP29) can be summed up with the one-liner from the movie Jerry Maguire: Show me the money. In Baku, Azerbaijan, ground zero of oil wells and an unlikely milieu for the pursuit of a cleaner planet, traditional negotiating blocs sparred and wrangled over a fortnight for a decision on climate finance. The quantum of money—and more so, its nature—was at the crux of the negotiations to mobilize capital to address climate change.
28.11 / 13:33
Blockchain Ethereum Provident security Research Trade Bitcoin Mint Money Festival: Is it worth investing in cryptocurrencies, an unregulated asset class in India?
Imagine a fixed-income investment advisor who tried out crypto assets and then got converted. That’s what happened with New Delhi-based Shiv Pande, who worked closely with pension and provident funds and became curious about the stupendous rise of crypto assets in 2021. He spent a year researching it and invested in it for the first time in July 2022.
28.11 / 12:15
markets Digital Strategy awards wellness information Features Govt says 136 Vande Bharat train services operational across railways network
Vande Bharat train services were operational with enhanced safety features and modern passenger amenities as on November 21, the government has informed the Lok Sabha. In a written reply on Wednesday, Railways Minister Ashwini Vaishnaw said these safety features and modern passenger amenities were automatic train protection system KAVACH, faster acceleration, fully-sealed gangway, automatic plug doors, better ride comfort, mini pantry with provision of hot case, bottle cooler, deep freezer and hot water boiler, among many others. The minister was responding to questions raised by nine MPs from various political parties who wanted to know the rationale behind launching the Vande Bharat Express, their occupancy, amenities, passenger feedback and services in Maharashtra as well as on the New Delhi-Kathgodam route. Vaishnaw said, «Presently, 22 Vande Bharat services, on originating or terminating basis, are catering to the needs of stations located in the state of Maharashtra.»
28.11 / 09:47
UPS security rock Investigations Adani fraud allegations rock Indian Parliament as opposition demands probe into billionaire's firms
India’s opposition has disrupted Parliament for a third day, protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and a scheme to pay bribes
28.11 / 07:43
markets Target Trade country Department medicines Pharmaceuticals Janaushadhi Kendras to put pressure on retail medicine market trade margins: Pharma secretry Arunish Chawla
Subscribe to enjoy similar stories. New Delhi: Robust sales growth recorded by the Indian government’s generic pharmacy model will put pressure on trade margins in the retail medicine market because of the affordability and quality of the drugs sold, a top official said. The quality certified generic medicines sold at kendras (centres) operating under the Pradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP) help to moderate the prices of medicines and create a benchmarking effect, Arunish Chawla, secretary of the Department of Pharmaceuticals, said in an interview toMint.
28.11 / 00:35
Waters Action Fighting Align Sustainability Research country India eyes seaweed to cut methane-filled bovine burps in climate change fight
Subscribe to enjoy similar stories. New Delhi: Indian cows and buffalos may be put on a diet of seaweed to tackle the problem of bovine burps–the methane-emitting scourge in the fight against climate change. Red seaweeds are a well-known diet supplement to control fatulence among ruminants–animals such as cows, buffalos, sheep and deer–that feed on grass.
28.11 / 00:35
Reuters Aware country reports Department evacuation Updates Andhra Pradesh extends power supply deadline for Adani Green Energy
Subscribe to enjoy similar stories. New Delhi: The Andhra Pradesh government has granted a second extension to Adani Green Energy Ltd for supplying renewable power after the company missed two earlier deadlines citing transmission unavailability, said three people aware of the development. Adani Green’s original deadline of March was extended to September.
28.11 / 00:35
COST Provident Experts stage information Courts Mediation to take centre stage in debt resolution
Subscribe to enjoy similar stories. New Delhi: India’s bankruptcy regulator and the central government will consider making mediation mandatory between defaulting companies and their creditors before moving proceedings into bankruptcy courts, two persons informed about the development said.
27.11 / 14:05
Gap Research trends Trade electronic reports Pharmaceuticals India-China trade: An alarming $18 billion discrepancy
Subscribe to enjoy similar stories. India-China trade data for 2023 reveals a widening discrepancy, with India's reported imports from China falling significantly short of China's export figures, raising concerns over potential anomalies such as under-invoicing, misclassification, and inconsistent reporting practices.
27.11 / 00:05
COST security Trade country 2020 travelers Why India is not keen on resuming direct flights to China
Subscribe to enjoy similar stories. For Indians looking to travel to the Middle Kingdom, a direct flight is still some distance. Despite cooling hostilities, the Indian security establishment is opposed to direct flights that remain suspended since 2020, two people aware of the matter said, given unresolved national security concerns.
26.11 / 00:21
markets COST Citi Strategy wellness reports NBCC plans to acquire sick PSUs, monetise land bank
Subscribe to enjoy similar stories. New Delhi: NBCC India Ltd. has set its sights on acquiring defunct public sector undertakings (PSUs) to redevelop and monetize their land, according to two people with direct knowledge of the matter, as the state-run construction company seeks to leverage success in developing land for some government-owned companies.
25.11 / 14:25
markets Action security awards Food Experts Traffic Surprise check finds private catering firm cooking food on-board in premium train against norms
«In a surprise inspection, our traffic and commercial officers found that RK Associates and Hoteliers Pvt Ltd, which has a contract with Railways to pick food from its base kitchen and serve it to on-board passengers in various trains, violated railway safety norms and conducted on board cooking in Poorva Express,» Shashi Kant Tripathi, Chief Public Relation Officer, NCR Zone, said. «Since the firm has a contract with IRCTC (Indian Railway Catering and Tourism Corporation), we are in talks with it to initiate action against the catering service provider,» he added.
25.11 / 10:55
markets UPS Aviat Airlines security Sustainability country NTPC Green in talks to supply sustainable aviation fuel to British Airways, Lufthansa, other global airlines
Subscribe to enjoy similar stories. NEW DELHI : NTPC Green Energy Ltd (NGEL) is in talks with global airlines including British Airways, Lufthansa, Singapore Airlines, and Virgin Atlantic, among others, to secure deals for supplying sustainable aviation fuel (SAF). The cleaner aviation fuel will be supplied from NGEL's green hydrogen hub in Andhra Pradesh, which is yet to begin production, said a person familiar with the developments.
25.11 / 10:39
markets Strategy awards Experts information reports recommendations GoM report on GST on health insurance to be placed before Council when received: Finance Ministry
GST on life and health insurance will be placed before the GST Council when received, Parliament was informed on Monday. The issue of exempting/reducing GST on life and health insurance was placed before the GST Council in its 54th meeting on September 9, 2024. After detailed deliberations, the Council recommended constituting a GoM to holistically look into issues pertaining to GST on life and health insurance. Accordingly, a GoM was constituted under the Chairmanship of Samrat Chaudhary, Deputy Chief Minister of Bihar. First meeting of the GoM was held on October 19, 2024 at New Delhi where issues of GST rate on health and life insurance policies were discussed, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha.
25.11 / 10:21
markets UPS security reports Investigations India's opposition protests against billionaire facing US bribery and fraud charges
Hundreds of supporters of India’s main opposition party have protested against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and bribery, and accused the government of protecting the Indian coal magnate whose compani...
25.11 / 00:35
UPS CEO Experts Justice 2020 Department Investigations Adani bribery case: Accused executive’s new company landed a $1.2 billion investment pact from REC in September
Subscribe to enjoy similar stories. Bengaluru: The chief executive of a two-year-old zero-revenue green energy company that recently scored a ₹10,000 crore ($1.2 billion) investment commitment from REC Ltd is among those indicted in the $250 million Adani bribery case. New Delhi-based Ocior Energy’s co-founder and CEO Ranjit Gupta was the chief executive of Azure Power Global Ltd, the company in the thick of the bribery charges by US prosecutors, between 2019 and 2022.
25.11 / 00:35
Target Aware Manufacturing Mobile electronic reports Pharmaceuticals PLI expansion on hold as government prioritises existing schemes amid disbursement challenges
Subscribe to enjoy similar stories. New Delhi: India's production sops programme which powered a ₹13 trillion manufacturing boom may not add any more sectors soon in the wake of slowing disbursements, two people aware of the matter said.

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