City New Delhi Financial News

BJP in West Bengal criticised Chief Minister Mamata Banerjee for walking out of the NITI Aayog meeting in New Delhi on Saturday, claiming that it was a «drama» aimed at reaping political dividends. BJP's Rajya Sabha MP Samik Bhattacharya said it was a «weak script» prepared by Banerjee.

Gujarat Chief Minister Bhupendra Patel emphasised that Gujarat is advancing towards becoming a USD 3.5 trillion economy by 2047.

bipartisan support for closer relations with the South Asian nation to counter an assertive China.

N Biren Singh had discussion about the situation in the state with Union Defence minister Rajnath Singh.

New Delhi: The country will have 12 new industrial cities in different states like the ones developed in Greater Noida, Uttar Pradesh and Dholera in Gujarat to further boost domestic manufacturing, a top government official said. Out of this, two are coming up in Andhra Pradesh and one in Bihar.

Interpol tip-off, officials reported.

farmers, accompanied by Congress MPs from Haryana and Punjab, met Lok Sabha's Leader of Opposition Rahul Gandhi in Parliament House on Wednesday and expressed unhappiness about the budget not announcing legal guarantee on minimum support price (MSP) for their products.

Nitin Gadkari is likely to represent India at the Iran President-elect Masoud Pezeshkian's swearing-in ceremony on July 30, displaying New Delhi's commitment to the partnership marked by the recent 10-year-deal on the Chabahar Port. India has been deputing senior ministers and leaders to Iran on important occasions in the backdrop of the nature of the partnership. Earlier this year, Vice-President Jagdeep Dhankar represented India at Iran's former president Ebrahim Raisi's funeral. Raisi played a key role in the bilateral pact that will allow India operations of the Chabahar Port for 10 years. India had played a role in Iran's Brics membership last year. Five presidents and ten parliament speakers from different countries will attend Pezeshkian's inauguration. The election in Iran was necessitated following Raisi's death in a helicopter crash. Raisi had plans to visit India this year.

New Delhi: Close on the heels of PM Narendra Modi's Moscow trip for the annual summit, Russia is supplying 120 super long-range Surface-to-Air missiles to India that will give the country's military an edge over Pakistan.

Budget Allocation for Northeast Frontier Railway for the FY 2024-25 is Rs. 14183.69 crores. The allocation for North-eastern states is Rs. 10,376 crores which is about five times higher than the average allocation of Rs. 2,122 crores made during 2009-14.

Realty developer TARC Ltd has appointed Arabian Construction Company, headquartered out of Abu Dhabi, UAE, as the principal contractor for its luxury residential developments, TARC Kailasa, located in Central West Delhi and its upcoming development TARC 63A located in Gurugram. TARC Kailasa is 2.80 million square feet luxury residential development spread across five 40-storey towers. TARC 63A Gurugram is an upcoming project, estimated to have more than 1.80 million square feet of luxury residential development spread across five 45-storey towers. “As we move forward in our journey of developing world class luxury residential projects in New Delhi and Gurugram, we are forging partnerships with the best in the world. Arabian Construction Company is known to efficiently deliver high quality developments across their 50 years of experience with the highest standards of safety, sustainability and professionalism besides specializing in construction of high-rise buildings. We want to bring the best consultants and engineers for our customers to deliver nothing less than the best,” said Amar Sarin, Managing Director & CEO, TARC Ltd.

Karnataka Deputy Chief Minister D K Shivakumar on Wednesday defended the Congress government's decision to boycott the July 27 meeting of the NITI Aayog, saying the State has got a raw deal in the Union Budget and its interests have not been protected. Chief Minister Siddaramaiah said on Tuesday the decision was taken as a mark of protest against the "neglect" of the state's demands in the Union Budget.

Niti Aayog meeting scheduled for July 27 in Delhi to protest what Chief Minister Siddaramaiah called “raw deal” to the state in the budget Finance Minister Nirmala Sitharaman presented on Wednesday.

India is likely to ease restrictions on Chinese investment in non-sensitive sectors like solar panels and battery manufacturing where New Delhi lacks expertise and which hinders domestic manufacturing, two government sources said.

Indian Prime Minister Narendra Modi plans to raise spending to create more jobs and spur economic growth

Fiscal Deficit Target: Aiming to reach a fiscal deficit level below 4.5 per cent of the GDP by 2025-26, Finance Minister Nirmala Sitharaman has lowered the fiscal deficit target for 2024-25 to 4.9, well below the 5.1% budget gap pegged in Interim budget for this fiscal year.

Joe Biden picked Kamala Harris as his running mate, much of India was abuzz over how the first Indian-American in the White House might affect the future of US-India relations.

NEW DELHI : Going into the 2024 general elections, the ruling Bharatiya Janata Party (BJP) played up its achievements on jobs, welfare schemes and growth. The shock from an electoral result way below expectations makes this a major budget for the party, leading to a core focus on economic revival at an all-round level. With major state elections due later this year and next year, the BJP-led coalition has its work cut out on these four fronts.

Last week, speaking at the Defense News Conclave: Stories of US-India Defense and Security Partnership in New Delhi, the US envoy to India, Eric Garcetti invoking the qualities of “trusted friends” remarked that the bilateral relationship is still “not yet deep enough” to be taken for granted and emphasised that “there is no such thing as strategic autonomy” during a conflict. Garcetti stressed that in times of conflict, strategic autonomy gives way to the necessity of acting together as trusted friends, understanding each other's equipment, training, systems, and even as human beings.

YSRCP to hit capital street YSRCP is bringing the issue of post-poll violence in Andhra Pradesh to New Delhi. Former chief minister and YSRCP chief YS Jagan Mohan Reddy will hold a protest with party MPs, MLAs and MLCs in the national capital. The party will organise an exhibition of photographs and videos of party workers who allegedly have been targeted by the ruling TDP over the last 45 days since the regime change. YSRCP has invited all political parties to lend support to this move. Samajwadi's wishlist After strong performance in the Lok Sabha elections in Uttar Pradesh, Samajwadi Party is now looking to extend its footprint beyond the state. To put pressure on Congress for an alliance in Maharashtra, all the 37 SP MPs held a public meeting in Bandra, Mumbai. SP supremo Akhilesh Yadav wants a few seats from Congress in Maharashtra and Haryana.