City New Delhi Financial News

NEW DELHI: Opening a bank account is a cakewalk for most of us. Bank executives happily come to our doorsteps for the paperwork. However, it is not the same for parents of specially abled children.

NEW DELHI : Private companies spending lakhs of rupees on training their employees may receive an additional boost in the upcoming budget to ensure their workers are skilled enough to be among the world's best. The finance ministry is evaluating a proposal to incentivise private companies to train and upgrade the skills of their workers, two officials aware of the development told Mint.

New Delhi, July 3, 2024: SabPaisa (SRS Live Technologies Private Limited), a leading payment solutions provider, announced that it has received final approval from the Reserve Bank of India (RBI) to function as a Payment Aggregator (PA) under the Payments and Settlement Systems Act, 2007. This approval solidifies SabPaisa's position as a leading player in the Indian fintech industry, enabling it to offer comprehensive payment aggregation services to merchants across the country.

train drivers' unions have countered Railways' claim that Congress leader Rahul Gandhi met loco pilots who were not from the Delhi Division and were brought from outside. On Friday, after Gandhi visited the loco pilots' crew lobby at the New Delhi Railway Station, the Chief Public Relation Officer (CPRO) of Northern Railway (NR) under which the Delhi Division falls, said that it looked like Gandhi met loco pilots who were not from crew lobby of the New Delhi Railway Station. «It looks like they were brought from outside,» Deepak Kumar, CPRO, NR, said. Gandhi visited the crew lobby at the station and spoke to some loco-pilots to know their problems and challenges.

online engagement and growing interest in spiritual practices have revived the fortunes of apps offering spiritual and devotional services. Apps such as Astrotalk, AppsForBharat, Vama.app, DevDham and Utsav are riding this wave, with some even providing a fillip to spiritual tourism, according to industry executives. Covid-19 has been a boon for spiritual and astrology apps, said Manu Jain, cofounder of Vama.app, a New Delhi-based startup that allows users to book virtual pujas as well as temple darshans and rituals besides offering astrology services.

NEW DELHI : Bundled tariff plans that include access to content-streaming apps are in vogue. They generate additional revenue for the telecom operators as users tend to upgrade to higher-paying plans for more data. And for consumers, they mean sheer convenience—they get only one bill for mobile services, internet and all over-the-top (OTT) app subscriptions.

stampede at a Hindu religious gathering in India's northern state of Uttar Pradesh on Tuesday, authorities said, in one of the worst such tragedies in recent years. The stampede happened in a village in Hathras district, about 200 km southeast of the national capital New Delhi, where authorities said a large crowd had gathered on an open area of land in response to a call from a religious leader. Here is a list of major stampedes in India over the years, most of them at religious festivals or gatherings: JANUARY 2005: More than 265 Hindu devotees were killed and hundreds more injured after a stampede at the Mandhardevi temple in Wai town in the western state of Maharashtra. The stampede was caused by slippery steps leading up to the temple, media reported at the time.

Shanghai Cooperation Organisation (SCO) summit in Astana contained the most robust language ever on cross-border terrorism as well as strong references to territorial integrity linked to connectivity corridors in the region, external affairs minister S Jaishankar told ET. He described this as the most satisfying outcome of the summit from India’s viewpoint. “I am happy that Kazakhstan during their chairmanship negotiated an updated programme to combat terrorism, separatism and extremism, which was adopted in the Astana summit,” the minister said. “What is more important is the actual implementation of the programme that we have now successfully drawn up, which includes unambiguous commitment by all the member states in getting rid of all forms and manifestations of terrorism in the region, including cross-border terrorism.” The summit was held in the Kazakhstan capital on July 3-4.

trade imbalance with Russia and securing the discharge of Indians misled into fighting in the Ukraine war will be among Prime Minister Narendra Modi's priorities during talks in Moscow next week, a top official said on Friday. Modi will visit Russia on July 8-9 for talks with President Vladimir Putin as part of annual summits between New Delhi and Moscow, launched in 2000. Modi's visit coincides with the July 9-11 NATO summit in Washington at which the Ukraine war will hold centre stage, and the timing has raised questions about the signal India could be sending.

Goyal Wednesday said the four-member European nation bloc European Free Trade Association (EFTA) is keen to invest in India and the domestic industry should take advantage of that opportunity. Goyal, who is visiting Switzerland on Sunday to take forward the EFTA commitments, said that this $100 billion commitment is for foreign direct investments and not portfolio investments. Iceland, Liechtenstein, Norway, and Switzerland comprise the EFTA. In March, India and EFTA signed a free trade agreement under which New Delhi received an investment commitment of $100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates and cut and polished diamonds at lower or zero duties.

Mizoram in giving shelter to Zo refugees from neighbouring Bangladesh, Chief Minister Lalduhoma has told Prime Minister Narendra Modi that his government would not be able to push them back, an official statement said. An official of the state home department said that nearly 2,000 Zo ethnic people from Bangladesh have taken refuge in Mizoram since 2022. During a brief meeting with Modi in New Delhi on Saturday, Lalduhoma informed him that his government cannot push back or deport Zo ethnic people from Bangladesh's Chittagong Hill Tracts (CHT), the statement said. Mizos share ethnic ties with the refugees from Bangladesh.

Hyderabad with large number of fans turning up to the airport to shower the pacer with love and support. After arriving in Hyderabad, Siraj told reporters, «We had to wait 11 years for this moment so I am really happy.» India's 7-run triumph in Barbados over South Africa was their first ICC trophy in 11 years. Before this success, India stood victorious in the ICC Champions Trophy in 2013 under the leadership of MS Dhoni.

SCO) Summit being held here under the Kazakhstan Presidency will adopt an important document to combat terrorism, separatism and extremism, echoing India's stand on countering terrorism and radicalisation in the Eurasian region. The July 3-4 summit will also discuss an anti-drug strategy to counter the rising menace of drug addiction. Recent arrests of terrorists in Kyrgyzstan and earlier in Tajikistan have established ISIS links emanating from Afghanistan. The Indian establishment has been closely monitoring the spread of ISIS influence in Eurasia and its impact across the border in India, ET has learnt. What has come to their notice is recent ISIS literature that aims to target India, according to sources.

NEW DELHI : Citizens always eagerly wait for the budget in the hope of getting more tax benefits. While the clamour for tax deductions grows, one aspect that is worrisome is the retail participation in high-risk investments like derivatives, intraday trading and high-fixed-return schemes. Driven by the stupendous performance and high taxation on regulated schemes, investors across age groups are investing in instruments that could carry much higher risk than they understand or can accept.

New Delhi: The government is likely to allow electric vehicle (EV) makers to benefit from a new policy that was announced this March, even if their investments were made earlier, according to two officials aware of the development. Such a move would benefit Vietnam's EV maker VinFast, which had announced in January that it would build an EV plant in India, the first official cited above said on condition of anonymity, adding that the new policy may attract a few more global EV makers to manufacture in India.

It isn’t hard to understand that global warming is already changing how we live. In India’s capital, New Delhi, this summer has been so hot—above 40° Celsius even at night—that people are gasping, tap water is scalding and the walls of their homes emit heat like radiators. The Saudi Arabian authorities said that 1,300 pilgrims have already died on this year’s Hajj.

New Delhi: In what is one of the world’s largest carbon-free green energy supply contract, state-run SJVN's green energy arm will supply 4.5 gigawatt (GW) of renewable energy to AM Green Ammonia Holdings. The company, promoted by Greenko Group founders Mahesh Kolli and Anil Kumar Chalamalasetty, is in the process of setting up one of the world's largest green ammonia production facilities, which will begin with the production of one million tonnes of green ammonia per annum in the first phase, and ramp it up to five million tonnes per annum (mtpa) in the second, set to be completed by 2030.

West Bengal Governor CV Ananda Bose said on Sunday that «Bengal is facing financial breakdown», after meeting the Union Finance Minister Nirmala Sitharaman yesterday in New Delhi. The Governor demanded «an emergency cabinet and issuance of white paper».

Delhi, including four citizens who drowned in submerged underpasses, the Times of India reported, while flight operations stuttered in the Indian capital.

When you enter a restaurant, the entire experience takes centrestage and goes beyond food. This statement by Mumbai-based architect-designer Ashiesh Shah, who has spearheaded projects like Sequel and Neuma in Mumbai, among others, probably sums up the design-forward approach being taken by restaurants across the country. While the food remains integral, these establishments are also betting big on innovative decor elements to carve out a niche for themselves and offer an immersive dining experience to guests.