City New Delhi Financial News

15.10 / 12:45
markets Provident Target Experts PAM country New allegations, old wounds: India rejects Canada’s accusations as diplomatic crisis worsens
covert operations on Canadian soil. The accusations center on the alleged involvement of Indian agents in the killing of Sikh separatist Hardeep Singh Nijjar, who was shot dead in British Columbia in June last year. Canadian authorities have now claimed that Indian agents are working in collaboration with criminal gangs, including the Bishnoi gang, to carry out covert operations targeting South Asian Canadians. Canadian Prime Minister Justin Trudeau reiterated his government’s stance at a press conference, saying, “Canada will never tolerate the involvement of a foreign government in threatening and killing Canadian citizens on Canadian soil.” He emphasized that the findings of the Royal Canadian Mounted Police (RCMP) provided “clear and compelling evidence” that agents of the Indian government are engaged in activities that pose a significant threat to public safety. Trudeau detailed the evidence, stating, “This includes clandestine information gathering techniques, coercive behavior targeting South Asian Canadians, and involvement in over a dozen threatening and violent acts, including murder. This is unacceptable.”
15.10 / 12:45
Target Fallout WhatsApp Trade country India does not see diplomatic fallout with Canada impacting trade ties
trade ties with the country immediately, a government source said on Tuesday. Canadian funds are also not expected to change their stance on India, the source added. Relations between India and Canada plummeted on Monday after Ottawa linked India's high commissioner and other diplomats to the murder of Sikh leader Hardeep Singh Nijjar on its soil and accused New Delhi of a broader effort to target Indian dissidents in Canada.
15.10 / 07:15
markets Digital economy PAM strain Congress accuses Punjab's AAP government of colluding with BJP to create farm crisis, destroy economy
Congress party has accused the Aam Aadmi Party (AAP)-led Punjab government of conspiring with the Bharatiya Janata Party (BJP) at the Centre to create a crisis around the storage of paddy crops, which could severely impact the state's economy. Tensions between Congress and AAP, already strained after the Haryana election results, have escalated following the new allegations. Leader of Opposition in the Punjab assembly, Partap Singh Bajwa, claimed that the Punjab Chief Minister, Bhagwant Mann, misled farmers into sowing hybrid varieties of paddy, which has contributed to the ongoing issues. «I hold Arvind Kejriwal, Mann, and the central government responsible for this crisis, which will also create a law and order situation,» Bajwa said at a press conference in New Delhi. Bajwa highlighted that 185 lakh metric tonnes of paddy are expected to arrive in mandis (grain markets), but godowns in the state are already full due to uncleared stocks. He urged immediate intervention from the Centre, warning of a potential economic fallout.
14.10 / 21:09
markets UPS Waves Uncharted consequences 2020 Retail money is driving quiet exits for seasoned investors
NEW DELHI: In recent years, retail investors have emerged as a formidable force in India’s equity markets, driven primarily by the growth of mutual fund investments through systematic investment plans (SIPs). However, this influx of «uninformed» retail money is inadvertently creating exit opportunities for seasoned «smart money» investors—such as promoters, private equity funds, and multinational corporations (MNCs). While these sophisticated investors capitalize on elevated valuations, they are taking money home, raising concerns about unintended consequences. Could retail money be inflating market valuations to unsustainable levels and crowding out foreign portfolio investments (FPIs)?
09.10 / 06:06
markets Digital Remark Election Experts Celebrity 'Jalebis for Rahul Gandhi': Haryana BJP unit sends jalebis to Congress office in response to Pawan Khera's jibe
Bharatiya Janata Party (BJP) in Haryana dispatched a kilogram of jalebis to Congress leader Rahul Gandhi at his office in New Delhi. This delivery comes after the BJP secured a historic third consecutive win in the Haryana Assembly elections. However, rather than a gesture of goodwill, it served as a pointed jab at Gandhi's earlier comments regarding Gohana jalebis, known for their unique taste and preparation.
08.10 / 14:07
markets UPS Aware Manufacturing testing Features DCGI wants qualified medical device testing officers
Subscribe to enjoy similar stories. New Delhi: The Drugs Controller General of India (DCGI) is planning to list the qualification criteria for medical device testing officers. At present, no qualification is needed, with mostly drugs inspectors deputed to do the job.
08.10 / 13:53
Strategy Election awards film Actor Universities stars 'Kantara' fame Rishab Shetty wins Best Actor; Karan Johar accepts award for Brahmastra at 70th National Film Awards
70th National Film Awards, held on Tuesday, in New Delhi, actor-director Rishab Shetty emerged as a standout, bagging the Best Actor award for his captivating performance in Kantara. The award ceremony, hosted at Vigyan Bhawan, saw Shetty receive the honour from President Droupadi Murmu. Expressing his gratitude, Shetty dedicated his award to the people of Karnataka and his entire team, emphasizing the collaborative effort behind the film’s success.
08.10 / 11:35
markets COST Aware Sustainability Experts Centre's plan to raise ₹20,000 cr via green bonds is conditional on greenium
Subscribe to enjoy similar stories. NEW DELHI : The Centre will continue with its plan to raise ₹20,000 crore through sovereign green bonds during the second half of 2024-25 only if the market is willing to pay the green premium, two people aware of the matter told Mint. Greenium, or green premium, is the difference between the yield or the return investors receive on a green bond and a similar conventional bond.
08.10 / 06:35
markets Extreme Action Analysis Election show rights What if you were the unluckiest investor in India?
Subscribe to enjoy similar stories. NEW DELHI : As investors, we are constantly worried about investing before a major event. It could be an election result on the horizon, central bank action on interest rates, or the Union budget.
07.10 / 05:39
President Experts country strain International Maldives President Muizzu to meet India's Modi to repair strained diplomatic ties
Maldives President Mohamed Muizzu will hold talks with Indian Prime Minister Narendra Modi in New Delhi as he aims to repair relations between their countries that have been strained since he came to power last year
07.10 / 00:39
Cooper economy Sustainability Trade Universities country International India can sustain high growth, become a developed economy by 2047: John Lipsky
Subscribe to enjoy similar stories. New Delhi: India has the potential to sustain high economic growth in the coming years and become a developed economy by 2047 if it introduces new regulatory, legal, infrastructural and educational reforms, economist John Lipsky told Mint. Lipsky, a senior fellow at the Foreign Policy Institute of the Johns Hopkins University School of Advanced International Studies (SAIS) said the reforms initiated by India in the past few years have helped it remain the fastest growing among the G20 economies.
06.10 / 16:53
markets UPS wellness War rights World War 3 looms? The ultimate checklist for Indian investors
Subscribe to enjoy similar stories. New Delhi: “Buy on the sound of cannons, sell on the sound of trumpets." — Nathan Mayer Rothschild 17 January 1991. Time: 2.38 am.
06.10 / 11:48
UPS economy trends Trade country Interviews India has to move fast to break into global supply chains: Jagdish Bhagwati
Subscribe to enjoy similar stories. New Delhi: India will become a developed economy over the next 25 years if it sticks with the reforms pledged by policymakers, but the country has to move fast in building global supply chains before it is too late, economist Jagdish Bhagwati said in an interview.
04.10 / 19:03
markets Digital Strategy Trade PAM rights India miffed over Indonesia move to extend duties on ceramic tiles
Indonesia with their consultations at the World Trade Organization (WTO) remaining inconclusive on Jakarta's proposal to extend safeguard duties on import of ceramic tile products. Indonesia plans to extend the duties by two years till November 2026, a move that may further hurt India's exports of the product to the island nation. The safeguard duties were first imposed in 2018 and India's exports of ceramic products to Indonesia have declined 65% between FY20 and FY24. «The result of the consultations was inconclusive. India reserves its right to request compensation as per the WTO Agreement on Safeguards,» said an official. Safeguard duties are custom tariffs that can be imposed temporarily by a WTO member to protect a specific domestic industry from an increase in imports of any product which is causing or threatening to cause harm to the industry.
03.10 / 02:47
markets Google Apple Xiaomi voice Features rights Consumers see GenAI in smartphones as gimmick, potentially hurting sales
Subscribe to enjoy similar stories. New Delhi: Akash Kargupta, a 33-year-old Gurgaon-based banking executive, bought an iPhone 15 last week. While he had the budget to afford Apple’s latest smartphone—the iPhone 16, he chose the one-generation-old version instead.
02.10 / 19:19
country information rights Commentary International What are pals for if not to 'comment'?
democracies, especially when their leaders have grown to be such 'homies' across administrations, should feel comfortable enough to comment, even criticise, on the other's functionings as a democracy. Or, to put it more pointedly, they shouldn't feel prickly enough when such critiques are aired by pals.
02.10 / 15:37
COST Target Cycling Justice Department Courts Government’s new litigation policy to target costly PSU disputes
Subscribe to enjoy similar stories. New Delhi: Caught in a cycle of costly legal battles, the Indian government plans to roll out a new national litigation policy aimed at curbing legal expenses, particularly in cases where the government is effectively suing itself, according to officials familiar with the matter. The policy, still under development, will focus on disputes between government entities, such as public sector undertakings (PSUs), which have long been a financial burden on the administration.
02.10 / 11:37
markets UPS Food wellness trends Interviews Complan maker plans to invest up to ₹200 crore in direct-to-consumer brands
Subscribe to enjoy similar stories. New Delhi: Zydus Wellness Limited, the parent company of brands such as Complan and Nycil talcum powder, has said it could invest up to ₹200 crore in new-age direct-to-consumer (D2C) brands as trends in the wellness space prompt it to explore new categories. In an interview with Mint, Tarun Arora, chief executive of Zydus Wellness, said the company could invest in both international and domestic markets.
02.10 / 01:51
UPS Manufacturing Action prevention guidelines rights Music concerts, sports events: How top liquor brands drew ire over surrogate ads
Subscribe to enjoy similar stories. New Delhi: India's apex consumer protection body has pulled up leading foreign and Indian liquor makers over so-called surrogate advertisements, in which liquor brands piggyback non-alcohol products.
01.10 / 09:01
markets MET Digital Experts RAI Schools PM Modi holds bilateral meeting with Jamaican counterpart Holness
bilateral meeting with Jamaican counterpart Andrew Holness in New Delhi. The bilateral meeting was followed by delegation-level talks between the two leaders. Visiting Prime Minister of Jamaica met PM Modi at Hyderabad House here in the national capital earlier today.
01.10 / 08:51
Boxing wellness film Trade Experts audience rights The curious case of mid-budget breakout hits
Subscribe to enjoy similar stories. NEW DELHI : The Indian box office now belongs to large-scale spectacles like Baahubali, Pathaan and Kalki 2898 AD—films that go on to set new theatrical milestones. However, despite setting the box office on fire, they tend to remain low on profitability.

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