City New Delhi Financial News

01.06 / 06:07
UPS Election show performer Inside peace TMC will perform better compared to what we had in 2019: Abhishek Banerjee
Trinamool Congress candidate on Diamond Harbour seat in West Bengal and TMC General Secretary, Abhishek Banerjee on Saturday cast his vote in the last phase and claimed that the TMC will better its tally compared to what they got in the 2019 elections.
01.06 / 03:01
Target Progressive Election gatherings Discrimination Courts peace Mirwaiz hopes new govt in New Delhi takes realistic approach of dialogue for long lasting peace in Kashmir
Mirwaiz Umar Farooq to address Friday congregation at historic Jama Masjid in Srinagar during which he expressed hope that the new government in New Delhi will take a realistic approach in dealing with Kashmir imbroglio and ensure long lasting peace through dialogue.
31.05 / 19:31
UPS WhatsApp community country reports rights 23 arrested for human trafficking: NHRC
New Delhi: The National Human Rights Commission (NHRC) on Friday said that its intervetion led to the arrest of 23 accused persons in Rajasthan for allegedly selling girls, mostly minors on stamp papers for physical abuse and sexual assault in various parts of the country and abroad. The NHRC observed that given the registration of cases involving the selling of girls in some communities in the recent past, it appears that the practice is still continuing unabated. It has said that this practice requires to be curbed forthwith in totality and stringent steps be taken by all the stakeholders.
31.05 / 14:29
security Election WhatsApp Opinion information Department NOT Congress not to participate in Lok Sabha exit poll debates
New Delhi: The Congress has decided not to participate in any Lok Sabha exit poll debates on the television channels and said it does not want to indulge in speculation and slugfest for TRP. Congress spokesperson and media department chairperson Pawan Khera said the voters have cast their votes and their verdict has been secured. «The results will be out on 4th June. Prior to that, we do not see any reason to indulge in speculation and slugfest for TRP,» he said in a statement shared on X.
31.05 / 10:37
security BAY isolate prevention evacuation Traffic International Srinagar Airport operations halted for an hour after bomb threat
Flight operations at the Srinagar International Airport had to be halted for an hour on Friday after a bomb threat as the authorities took preventive measures, officials said. The Air Traffic Control (ATC) at the Srinagar Airport received a bomb threat on an Air Vistara flight from New Delhi, prompting a response from the authorities, including the Central Industrial Security Force (CISF), which is responsible for the security at the airport, the officials said. They said a threat call was made to the airport around the noon about the flight, which had 178 passengers onboard. Immediately after the flight landed at the airport, it was directed towards an isolation bay and the passengers and the crew were evacuated, they added. A thorough search of the plane was carried out and bomb disposal squads and sniffer dogs were also deployed to check any suspicious items, they said. After an exhaustive search, no explosives were found on the plane, they added.
31.05 / 04:47
Cooper Metro WhatsApp Celebrity travelers gatherings Traffic Delhi traffic alert for Mahasamadhi Divas at Guruji Ka Ashram. Key routes to avoid
Delhi Traffic Police has issued an advisory on the occasion of Mahasamadhi Divas Celebration at Guruji Ka Ashram (Bade Mandir). The Mahasamadhi Divas is being celebrated today at Guruji Ka Ashram (Bade Mandir) on Bhati Mines Road, Mehrauli, New Delhi. A large gathering of approximately 85,000-90,000 people from Delhi, NCR, and neighboring states is expected, according to officials. Delhi Traffic Police will regulate traffic on many roads and junctions, from 9 am to 11 pm on these following roads.
31.05 / 02:07
Digital Aware security community show inclusion reports Financial 9 in 10 Indian LGBTQIA+ individuals prioritise savings for financial security: Report
New Delhi: Max Life Insurance Company Limited (Max Life) 's flagship study, the India Protection Quotient Survey (IPQ), in partnership with KANTAR, has revealed insights into the financial preparedness of the LGBTQIA+ community in India from the perspective of life insurance. 
31.05 / 01:23
COST UPS Citi Waters economy country Destinations India's plan of becoming the fastest-growing G20 nation may hinge on the weather
India exists at all. By some miracle of human ingenuity and industry, a land area barely bigger than Argentina with less water than Colombia is able to support nearly a fifth of the world’s population. The record-breaking temperatures above 52 degrees Celsius (125.6 degrees Fahrenheit) in the capital New Delhi this week are a warning sign, however. The magic spell that has sustained this achievement is coming close to breaking. That’s an issue not just for those sweltering on the streets of the world’s second-biggest city, but for the path to wealth that 1.4 billion people hope to follow. India has a far poorer natural endowment of land than Europe, North America and China, the continental economies that preceded it on the road to riches. Even the fragile benefits that its citizens have managed to eke out of this unpromising soil might now be slipping further away, as climate change exposes its deep fragility and washes away the foundations of growth.
30.05 / 18:31
Provident Death information travelers peace Indian mother-son duo duped by human traffickers, freed by Pakistan after one-year jail ordeal
PTI.ALSO READ:‘It was our fault…': Pakistan violated peace agreement with India in 1999, says former Pak PM Nawaz SharifWahida is a resident of Nagaon district in Assam and was arrested in 2023 along with her son while illegally entering Pakistan from Afghanistan via the Chaman border.She told the authorities in Pakistan that an Indian travel agent had deceived her, due to which she reached Pakistan. "After the death of my husband in 2022, I decided to take my son to Canada.
30.05 / 14:27
Citi ICE Research trends Experts hospital Experts warn of heat risks as India's temperatures climb again
temperatures across India are having their worst impact in the country's teeming megacities, experts said Thursday, warning that the heat is fast becoming a public health crisis. India is enduring a crushing heatwave with temperatures in several cities sizzling well above 45 degrees Celsius (104 degrees Fahrenheit). Temperature readings in the capital New Delhi rose into the high 40s Celsius this week, with power usage in the city — where the population is estimated at more than 30 million — surging to a record high on Wednesday.
30.05 / 14:27
Manufacturing CEO Sustainability WhatsApp orienteering Orient Electric appoints Ravindra Singh Negi as Managing Director and CEO
Orient Electric, part of the diversified $3 billion CK Birla Group, has appointed Ravindra Singh Negi its managing director and CEO, effective May 31, 2024 (subject to regulatory approvals), the company said in a statement on Friday. Negi joins the Orient Electric Board as a full-time Director and will be based in New Delhi. “Negi’s extensive experience across industries and especially electrical consumer durables will be pivotal in guiding Orient Electric towards sustained growth,” CK Birla, Chairman, Orient Electric said in a statement. “Under his leadership, Orient Electric will accelerate its journey to becoming a future-ready consumer-centric organisation. He will continue to build organisation capability and execution excellence towards growing all key businesses.”
29.05 / 16:31
COST UPS wellness country reports Tata Steel to invest $2.11 bn in Singapore unit to repay overseas debt, fund UK transition
NEW DELHI:Tata Steel Ltd will invest ₹17,408 crore ($2.11 billion) in its Singapore unit, T Steel Holdings Pte Ltd, to fund the restructuring of its struggling UK business as well as repay the debt of its offshore entities.Tata Steel will also be writing off $565 million of existing debt to T Steel, converting it into equity shares, Asia’s oldest steelmaker said in regulatory disclosures on Wednesday. The investment in T Steel, a holding company for the shares of Tata Steel’s overseas subsidiaries, will be done over the course of 2024-25.Tata Steel reported a 65% year-on-year decline in its consolidated profit, to ₹554 crore, for the quarter ended 31 March, missing Street estimates.
29.05 / 10:49
Citi Election show reports strain International How heat stress has increased in urban India this year
NEW DELHI : Ten of India’s 65 cities with over a million population experienced more than 100 hours of ‘heat stress’—dangerous levels of both heat and humidity—in May, in the midst of India’s longest election season, data analysed by climate tech startup, Respirer Living Sciences, showed. Heat stress refers to situations when the heat index, which accounts for both surface temperature and humidity, exceeds 41°C.
29.05 / 10:49
markets Provident FIVE Aviat Universities country hospital Universal VulKaan Aviation eyes Indian market for chopper sales
NEW DELHI:Universal VulKaan Aviation, a Singapore-based company, is set to venture into India as its next growth market, aiming to sell over 30 helicopters within the next three years, senior officials told Mint in an interaction.This ambitious plan, which includes both pre-owned and new helicopters, is set to reshape the country's helicopter landscape. The company, a distributor for Leonardo helicopters in India, has already engaged in discussions with private charter companies and state governments, they added."The helicopter market in India has not reached its full potential, with only 250 machines in operation," said Harinder Jeet Singh Commar, partner at Universal VulKaan Aviation.
29.05 / 10:47
markets COST Election WhatsApp Research shock Rupee sees worst day in 7 weeks on importers' dollar demand, election risk
rupee logged its biggest daily decline against the U.S. dollar in nearly seven weeks on Wednesday, pressured by persistent dollar demand from importers and election-related risks. The rupee ended at 83.3450, down from 83.1775 in the previous session. It fell 0.2% on Wednesday, its biggest daily fall since April 12.
29.05 / 09:47
UPS Election Food Trade India set for wheat imports after six years, to shore up reserves
India is poised to begin wheat imports after a six-year gap, to replenish depleted reserves and hold down prices that leaped following three years of disappointing crops, sources say, as the approaching end of general elections removes a key hurdle. New Delhi is expected to abandon a 40% tax on wheat imports this year, officials and other sources told Reuters, paving the way for private traders and flour millers to buy from producers such as top exporter Russia, albeit in modest volumes. As the new-season wheat harvest rolls in, the government is likely to wait until after June to scrap the import tax, in time for Russia's harvest, the sources said.
29.05 / 04:29
Waters Extreme country reports Department strain Delhi sears at nearly 50°C, hits highest maximum temperature this summer
India's national capital Delhi including Mungeshpur, Najafgarh and Pitampura hit nearly 50 degree Celsius on Wednesday morning as heatwave continued its grip across northern and central parts of the country. Churu in Rajasthan and Sirsa in Haryana saw maximum temperatures just exceeding 50 degree Celsius at 50.5 and 50.3 respectively, as per data from the Indian Meteorological Department.
28.05 / 18:09
markets Manufacturing Strategy economy Trade electronic reports India major gainer of China+1, exports to soar to $835 billion by 2030: Nomura
New Delhi: India and Vietnam are gaining the most from the China plus one strategy, which is also expected to unlock new growth opportunities for Asian economies, according to Nomura. India's exports will likely surge to $835 billion by 2030 from $431 billion in 2023 with its large domestic market helping attract firms looking for supply chain alternatives to China, Nomura said in a report on Tuesday. «Firms in electronics, apparel & toys, automobile & components, capital goods and semiconductor manufacturing are looking to invest in India. Given India's large domestic consumer market, firms setting up shop in India are attracted also because of the captive domestic market,» Nomura said, predicting a 10% annual growth over the period.
28.05 / 11:09
Election Opinion President reports recommendations rights Siddaramaiah and Shivakumar should consult senior party leaders on MLC candidates: Parameshwara
Karnataka Home Minister G Parameshwara on Tuesday said Chief Minister Siddaramaiah and State Congress chief D K Shivakumar should consult senior party leaders like him regarding selection of candidates for the MLC polls. The statement comes against the backdrop of Siddaramaiah and Shivakumar's trip to New Delhi today to discuss with the party high command candidates for biennial election to 11 seats of Karnataka Legislative Council on June 13. «The Chief Minister and KPCC President are in responsible positions. It is appropriate if they consult seniors like us. Without consulting if they both decide on their own, it is not right according to me. Those with seniority and experience, both in the party and the government and having contacts, should be consulted. They have to discuss with us,» Parameshwara said.
28.05 / 10:47
BLOCK Remark Election WhatsApp President reports More than 300 aspirants for MLC poll tickets in Karnataka: Shivakumar
Karnataka Congress President D K Shivakumar on Tuesday said that the party leadership is in a «difficult position» as there are more than 300 ticket aspirants for the upcoming legislative council elections in the state. Shivakumar, who is also the state's deputy chief minister, said the party high command will decide on the tickets. Biennial elections to 11 seats of the Karnataka Legislative Council to be elected by Members of the Legislative Assembly will be held on June 13. As per the existing strength of parties in the assembly, the Congress can win 7 seats, the BJP three and JD(S) one seat. Chief Minister Siddaramaiah and Shivakumar today left for New Delhi to discuss candidates with the Congress high command. The schedule for filing nominations for the MLC election has already begun, and it will go on till June 3.
28.05 / 08:03
Digital Citizens electronic consequences prevention Did you file your income tax return?
NEW DELHI : As the tax filing season kicks off again, many individuals are questioning whether they need to file their income tax return (ITR) for financial year 2024 (FY24). This uncertainty often arises because employers have already deducted tax on salaries or banks have deducted tax at source (TDS) on interest or pensions. Others may believe their income is too low to require filing.

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