City New Delhi Financial News

NEW DELHI : Maruti Suzuki may consolidate its entry-level small car lineup in the next three to four years, as India’s largest carmaker reworks strategy for what was once its bread-and-butter business. According to two people aware of the plans, the company may also cap investments in the mid-size sedan segment, where it sells the Ciaz. The company that built its business on small cars has made a big splash in the SUV segment in recent years, launching models such as Grand Vitara, the new Brezza and Fronx.

NEW DELHI : Satellite communications, or satcom-based internet connectivity, may come to you later than expected. Industry stakeholders and close watchers said while satcom service providers are ready to launch their own services in India, multiple regulatory roadblocks and subsequent testing are almost certain to delay the launch of satellite internet beyond the end of this year—and could even stall its rollout until the end of next year.

NEW DELHI : Privatization may take the backseat in the coming coalition government as a reduced majority forces the pro-reform Bharatiya Janata Party (BJP) to work alongside allies with different priorities, officials and experts said. Strategic sales already in advanced stages like IDBI Bank, Shipping Corp. of India and BEML may take off in the second half of FY25, but other transactions and fresh disinvestments may not be as lucky, they said.

Since coming to power a decade ago, Prime Minister Narendra Modi has been known for big, bold and often snap decisions

OMCs to hold petrol, diesel prices in Q1FY25; dismal earnings eyed over revised margins: Kotak's Sumit PokharnaKalantri further added, “Elections impact first appear in the currency market, consequently influencing the prices of commodities as a secondary outcome."On Wednesday, gold prices in New Delhi dipped by ₹80 to reach ₹72,820 per 10 grams on Wednesday, following the downward trend globally, as reported by HDFC Securities. In the previous session, the precious metal had closed at ₹72,900 per 10 grams.“Gold traded slightly weak today, hovering around ₹71,870 before the start of the evening session, within a minor range.

BJP dependent on allies to run a stable government at the Centre, the focus has shifted to possible demands Bihar chief minister Nitish Kumar could make on berths in the Union Council of Ministers and financial and other relief for the state.

New Delhi: KPI Green Engineering on Wednesday said it has bagged orders worth Rs 351.35 crore from various clients for projects, including building crash barrier for railway track fencing, solar projects, and electricity transmission line towers. The company has received orders for solar projects worth Rs 212.38 crore, which include fixed tilt module mounting structure, supply of tracker type module mounting structure & structure part, a BSE filing showed.

New Delhi: Torrent Pharmaceuticals Ltd has entered into a non-exclusive patent licensing agreement with Takeda Pharmaceuticals to commercialize Vonoprazan in India, which is used to treat and prevent the return of ulcers (sores in the lining of the stomach or intestine) caused by certain types of bacteria, the company said in a statement on Wednesday.Vonoprozan is a novel potassium-competitive acid blocker (P-CAB), used for the treatment of acid-related disorder gastroesophageal reflux disease (GERD). Torrent will market Vonoprazan under its own trademark, Kabvie, it stated."We are delighted to commercialize this novel treatment for Indian patients.

Memes galore as ChatGPT crashes during Lok Sabha elections 2024 results, 'how am I supposed to work?'Ali Sethi acknowledged the doppelgänger in a light-hearted post in which he also tagged the Bengaluru resident Shubham Nalat.Sethi, in a witty post, said, “Apparently I lost some votes in India." A post shared by Ali Sethi (@alisethiofficial)The talented singer's post has since garnered nearly 38K likes. Instagram users also flooded the comments section with humorous comments.Also read: Memes galore as BJP's ‘Abki Baar 400 Paar’ campaign falters, INDIA bloc gains momentum"Careful there.

Pakistan high commission on Wednesday said it issued 962 visas to Sikh pilgrims from India to facilitate their participation at events on the occasion of 'Martyrdom Day' of Guru Arjun Dev. Under the provision of a bilateral protocol on visits to religious shrines, Sikh and Hindu pilgrims from India visit Pakistan every year. Pakistani pilgrims also visit India every year under the protocol.

Telugu Desam Party (TDP) and Janata Dal (United) [JD(U)], crucial to NDA's third successive central government, are pressuring for the Lok Sabha Speaker post. Both TDP and JD(U) conveyed to BJP top leadership that the role should go to alliance partners, recalling TDP's GMC Balayogi's tenure as Speaker during Atal Bihari Vajpayee's coalition government in the late 1990s.

National Democratic Alliance (NDA) looks set for a third term with 293 seats in the 543-member Lok Sabha. The Bharatiya Janata Party (BJP) bagged 240 seats, short of the 272-seat majority. This leaves the saffron party scrambling for support from two of its allies, Chandrababu Naidu and Nitish Kumar.

As India looks set for a third Lok Sabha term under the leadership of Prime Minister Narendra Modi, the nation is poised to solidify its status as a global climate leader. India’s rising role in global environmental stewardship will be driven by the PM’s visionary ‘Panchamrit’ strategy. This initiative, combined with India’s impressive climate action, can set a benchmark for the world in sustainable development and innovative solutions.

Lok Sabha elections 2024 Results: June 4 is here, and people across the world have set their eyes on the clock as the biggest democracy is all set to get its new government. The year 2024 is packed with elections across several nations, and India's general election is one of the most crucial ones, as the new government will be formed amid intense geopolitical tensions and wide trade disruptions.

NEW DELHI : Centre-state relations may be about to get a makeover. The resurgence of regional parties in the National Democratic Alliance (NDA) as also in the Congress-led Indian National Developmental Inclusive Alliance (INDIA), which rules several states, might lead to significant shifts in the dynamics between the Centre and states, experts said.

Biden is fine with Modi 3.0, even in its diminished capacity. The India-US partnership has grown substantially, serious problems have been tackled with finesse, and the future shows new possibilities. Continuity trumps change in this case, especially with concerns in Washington of a possible lurch far to the right now considerably dampened with a coalition NDA government in New Delhi.

Trade Organization (WTO) as Canberra is making changes to its commitments which New Delhi believes could impact its services trade.

candidates on Delhi's seven seats have lost their security deposits in the Lok Sabha elections, according to the Election Commission. In Chandani Chowk 23, New Delhi 15, South Delhi 20, East Delhi 18, West Delhi 22, North East Delhi 26 and North West Delhi 24 candidates forfeited their deposit.

NEW DELHI , CHENNAI : New Delhi: Mandate 2024 marked the return of coalition politics to India after a decade of absolute majority, requiring respect for the wishes of smaller allies and raising the prospect of slower economic reforms. Prime Minister Narendra Modi-led Bharatiya Janata Party (BJP) saw its seat count dip to 240 as per trends late evening—a loss of 63 seats from the 303 it won five years earlier. While BJP is far from a simple majority of 272 seats in the 543-member Lok Sabha, the National Democratic Alliance (NDA) it leads is set to cross the half-way mark.

shamelessly destroying India's future by: (1) using ED, CBI, and Income Tax agencies to coerce politicians and business people; (2) using money power through illegal Electoral Bonds and crony capitalists to buy elections and MP/MLAs; and (3) controlling the media, bureaucracy, and EC to advance his megalomania. The people have taken this so-called "divine person" and shown him his true place - the dustbin of history along with all the other dictators!," Yashwant Sinha said in a post on X.Yashwant Sinha's remark came as Prime Minister Narendra Modi addressed the Bharatiya Janata Party (BJP) workers at the party headquarters in New Delhi and thanked the people of the country for the historic third term to the National Democratic Alliance (NDA). PM Modi assured his supporters that his third term would be a tenure of big decisions and the key emphasis would be on uprooting corruption."The fight against corruption is becoming tougher by the day.

Prime Minister Narendra Modi claimed victory for his alliance on Tuesday in India’s general election, despite a lackluster performance from his own party as it faced a stronger than expected challenge from the opposition, which pushed back against the ...