City New Delhi Financial News

Paris Olympics 2024 within a matter of a week but one certain incident caught the eye of the entire world when boxer Imane Khelif of Algeria knocked out her Italian opponent within a matter of 46 seconds. Right after this knockout, there were cries of unjust and unfair means being used, with Khelif's sexual identity coming into question.

India has offered Vietnam a $300 million loan to build up the Southeast Asian country's maritime security, as the two sides say they want to double their trade and investment within five years

Italian female boxer Angela Carini has spoken for the first time after her opponent and Algerian boxer Imane Khelif's 46-second win in a 66-kilogram fight at the Paris Olympics 2024 on Thursday. Carini revealed that she didn't give up but a punch hurt her badly. Subsequently, she decided to leave with her «head held high». 25-year-old Italian boxer retired hurt and shrugged off attempts by Khelif to shake her hand, before collapsing to her knees and sobbing uncontrollably in the middle of the ring.

Reserve Bank of India (RBI) on Thursday said 97.92 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,409 crore worth of the withdrawn notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation. The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal was announced, has declined to Rs 7,409 crore at the close of business on July 31, 2024. «Thus, 97.92 per cent of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned,» the central bank said in a statement.

Delhi Rains LIVE: Heavy rainfall lashed national capital Delhi on Wednesday. The Indian Meteorological Department (IMD) issued advisory, urging Delhi residents to avoid going out until necessary.

GTRI) Wednesday suggested India to use a twin strategy of a calibrated retaliation mechanism (CRM) to retaliate in equal measure and renaming some ongoing schemes as carbon taxes to deal with the EU’s climate taxes. It said that the EU’s suggestion that India could avoid its carbon tax by imposing a similar levy locally, will not help the domestic players much, as they would still be liable for the duty for their exports to the bloc.

NEW DELHI : Ahead of the Union Budget 2024-25, rumours were rife that tax on futures and options (F&O) would be increased to curb the increasing retail participation in the derivatives market. But while the Centre didn't touch F&O, barring a nominal increase in securities transaction tax (STT), it increased tax on short- and long-term capital gains made from equity mutual funds or stocks (infrequent trades treated as capital assets). While the tax on short-term capital gains (STCG) was increased to 20% from 15%, the same on long-term capital gains (LTCG) was hiked to 12.5% from 10%.

Ukraine. I'm grateful for that.

MUMBAI : Shortly after the Union finance minister Nirmala Sitharaman presented the budget 2024 on 23 July, executives of a foreign investors-backed asset management company rushed to New Delhi to seek clarification on a key issue: Can foreigners invest in India through a mutual fund-like structure with zero tax? The answer is yes as long as the money is not directly invested in equities. The Union Budget 2024-25 proposed that “retail schemes and exchange-traded funds (ETFs) set up in Gujarat International Finance Tec-City, or GIFT City, will now enjoy tax exemptions along similar lines as available to specified funds". "Now retail funds in GIFT will get the same tax benefit like category III Alternative Investment Funds (AIFs)," said Suresh Swamy, partner, Price Waterhouse & Co.

podcast 'People by WTF,' Bollywood superstar Ranbir Kapoor opened up about his memorable meeting with Prime Minister Narendra Modi. Reflecting on their 2019 meeting in New Delhi, Ranbir shared intriguing details about what PM Modi asked him during their conversation.

Viksit Bharat: A Post Union Budget 2024-25 Conference at New Delhi’s Vigyan Bhawan on Tuesday at 12pm.

Tata Consumer, Varun Beverages, IOC, ACC, PNB Housing among others will be in focus due to various news developments and first quarter results. ACC

New Delhi: The Central government has released Rs 1,750 crore under the Andhra Pradesh Reorganisation Act (APRA) for the development of seven backward districts of the state, minister of state for finance Pankaj Chaudhary told the Lok Sabha on Monday.

Lok Sabha on Monday witnessed an uproar over the flooding of a coaching centre's basement in Delhi that killed three students with many members demanding that accountability be fixed as they criticised the failure of authorities and sought a high-level inquiry into the incident.

New Delhi: The Energy and Resources Institute (TERI)organized a photo exhibition titled "Coal Dependence: Lives in an Extractive Economy" at its headquarters at the Indian Habitat Centre on July 25 and 26.Thetwo-day exhibition was part of a project “Just Transition: Understanding and the Implications of Moving Away from Coal", supported by the MacArthur Foundation.The exhibition strove to illuminate the lives of communities that are intricately connected to the coal economy, which is at the heart of the just energy transition debate.Through a series of compelling photographs, the exhibition examined the everyday realities of individuals engaged in selling, extracting, and transporting coal which happens in the absence of alternate lucrative means of income. These images highlighted the vulnerabilities faced by these communities as we aspire to transition towards cleaner energy sources.The photo exhibition was inaugurated by Dr Vibha Dhawan, Director-General, TERI, and attended by Mr Ajay Shankar and Mr Jiwesh Nandan, Distinguished Fellows at TERI.

AAP government for the tragic incident. BJP leader and New Delhi Lok Sabha MP Bansuri Swaraj blamed the AAP's «utter apathy» for the death of the students and demanded that an inquiry committee under the Home Ministry be set up to probe the incident.

India for its support of the island nation in easing its debt repayment and affirmed hope that New Delhi and Male would forge stronger ties and sign a free trade agreement.

BJP over the incident, saying though it was in power in the municipal body for 15 years, it neglected the city's drainage system.

Sanjay Raut on Sunday said the «insult» of West Bengal Chief Minister Mamata Banerjee at the NITI Aayog meeting held in New Delhi a day earlier was not good for democracy. States have several issues which need to be addressed and muting the microphone of a chief minister doesn't suit democratic norms, Raut told reporters.

WTO's dispute settlement body has accepted a request from India and Chinese Taipei not to adopt the ruling against New Delhi's import duties on certain information and technology products till October-end, as both sides are engaged in resolving the matter mutually, an official said. The issue came up during a meeting of the dispute settlement body (DSB) in Geneva on July 26.