Capital

Capital News

State-owned PGCIL to seek shareholders' approval to raise up to Rs 6,000 crore via bonds in 2023-24
India

State-owned PGCIL to seek shareholders' approval to raise up to Rs 6,000 crore via bonds in 2023-24

On 6 July, the PGCIL board had approved the proposal to raise Rs 6,000 crore in 2023-24, for financing of capital expenditure requirement, providing inter-corporate loans to wholly-owned subsidiaries and other purposes

Temporary shut down of coal-fired power plants around Delhi helped reduce pollution, says government
India

Temporary shut down of coal-fired power plants around Delhi helped reduce pollution, says government

The Delhi government had earlier shutdown three thermal power plants operating within the Capital permanently, Indraprastha power plant in 2009, Rajghat plant in 2015, and Badarpur plant, in 2018

Ottawa police chief vows crack down on 'unlawful' occupation of the capital by protesters
World

Ottawa police chief vows crack down on 'unlawful' occupation of the capital by protesters

An additional 150 police officers were deployed in downtown Ottawa on 4 February, 2022, ahead of the expected arrival of 2,000-3,000 more protesters and counter-protesters this weekend

With 88.2 mm rainfall, Delhi records wettest January since 1950
India

With 88.2 mm rainfall, Delhi records wettest January since 1950

The rainfall had also brought the maximum temperature in the capital down to 14.7 degrees Celsius on Saturday, seven notches below normal and the lowest this season so far

Gopal Rai to hold high-level meet on 13 December to review air pollution in National Capital
India

Gopal Rai to hold high-level meet on 13 December to review air pollution in National Capital

The Delhi government had banned construction and demolition activities in the city till 21 November

Egypt's Sisi plans to build new capital east of Cairo: Here's what you need to know about the new administrative capital
World

Egypt's Sisi plans to build new capital east of Cairo: Here's what you need to know about the new administrative capital

An opulent presidential palace, a brand new parliament, a regal opera house and spacious parks are all part of the vision for a New Administrative Capital (NAC) rising up out of the Egyptian desert.

Coronavirus Outbreak: SEBI reaches out to market participants; discusses capital raising, disclosure issues
Business

Coronavirus Outbreak: SEBI reaches out to market participants; discusses capital raising, disclosure issues

Tyagi said SEBI has been responding to market developments through appropriate measures in consultation with various stakeholders.

Ind-Ra revises IndusInd Bank's outlook to negative, affirms AA-plus; valuation challenges may hinder capital raising power
Business

Ind-Ra revises IndusInd Bank's outlook to negative, affirms AA-plus; valuation challenges may hinder capital raising power

IndusInd Bank's top 20 depositor concentration though declined remains elevated (FY19: 24.31%) and is higher than most peer banks'.

Moratorium, withdrawal cap on Yes Bank credit negative; move to affect timely repayment of depositors, creditors: Moody's
Business

Moratorium, withdrawal cap on Yes Bank credit negative; move to affect timely repayment of depositors, creditors: Moody's

The central bank on Thursday imposed a moratorium on the capital-starved Yes Bank, capping withdrawals at Rs 50,000 per account and superseded the board of the private sector lender with immediate effect.

Govt should infuse capital in economy without worrying about fiscal deficit; GDP growth for this fiscal on expected lines: FICCI
Business

Govt should infuse capital in economy without worrying about fiscal deficit; GDP growth for this fiscal on expected lines: FICCI

The government aims to restrict the fiscal deficit to 3.3 percent of the GDP for the financial year ending March 2020.

Rahul Mehrotra on how architecture is being divorced from social context, why we should revise definition of urbanity
Lifestyle

Rahul Mehrotra on how architecture is being divorced from social context, why we should revise definition of urbanity

In a masterclass at the India Culture Lab, Rahul Mehrotra held forth on the limited definition of urban in India, how architecture is being dictated more by aesthetics than utility and why we should build to foster empathy

Land, labour reforms to push economic growth: 15th Finance Commission chairman N K Singh
Business

Land, labour reforms to push economic growth: 15th Finance Commission chairman N K Singh

Expressing concern over muted private investments, 15th Finance Commission chairman N K Singh on Friday said in order to push economic growth, the new government should take on the challenge of introducing reforms in areas including land and labour

Kerala-based ESAF Small Finance Bank net soars 234% to Rs 90 cr on higher interest income, NPA management
Business

Kerala-based ESAF Small Finance Bank net soars 234% to Rs 90 cr on higher interest income, NPA management

Commenting on the results, K Paul Thomas, Managing Director and CEO of ESAF Small Finance Bank (ESAF SFB), said the highly encouraging results showed the growing confidence in the bank.

India Inc's foreign borrowings fall 9% to $2.81 bn in February; Oil India, IOC, Shriram Transport Finance among major borrowers
Business

India Inc's foreign borrowings fall 9% to $2.81 bn in February; Oil India, IOC, Shriram Transport Finance among major borrowers

The entire fund mop-up during the month was done through the automatic route of ECB, showed the RBI data.

Twitter's user base falls for Q4, decides to stop disclosing monthly active users
News & Analysis

Twitter's user base falls for Q4, decides to stop disclosing monthly active users

Twitter said its monthly active users declined partly due to deleting millions of abusive accounts.

Narendra Modi govt’s bid to water down RBI’s PCA norms may give it political dividend, but is disastrous for economy
Business

Narendra Modi govt’s bid to water down RBI’s PCA norms may give it political dividend, but is disastrous for economy

The NPA levels will spike further as there is no change in the ground-level economic situation.

Rationalise DDT rate to 10% in upcoming Budget, industry body CII tells govt
Business

Rationalise DDT rate to 10% in upcoming Budget, industry body CII tells govt

Industry body CII has sought rationalisation of the dividend distribution tax rate to 10 percent in the upcoming Budget to encourage participation of different stakeholders in the country's financial markets

Farooq Abdullah questions Narendra Modi govt's 'neutrality' on US move to recognise Jerusalem as Israel’s capital
India

Farooq Abdullah questions Narendra Modi govt's 'neutrality' on US move to recognise Jerusalem as Israel’s capital

National Conference President Farooq Abdullah on Tuesday questioned the Narendra Modi-led government's "neutrality" towards the US decision recognizing Jerusalem as Israel's capital

Is Delhi the National Capital of India? Constitution doesn't say so, argues Arvind Kejriwal govt in SC
India

Is Delhi the National Capital of India? Constitution doesn't say so, argues Arvind Kejriwal govt in SC

The Delhi govt raised a rather unusual argument before SC: Has the Constitution or any law passed by Parliament declared Delhi as the capital of India?

Chhattisgarh Police arrests 129 farmers in separate incidents, foils bid to gherao CM's residence
India

Chhattisgarh Police arrests 129 farmers in separate incidents, foils bid to gherao CM's residence

At least 129 farmers were arrested from separate places of Chhattisgarh's capital ahead of their scheduled protest on Thursday in support of various demands, including Rs 2,100 minimum support price for per quintal of paddy