Install Now
Home  >>  News  >>  Delhi's CM Seeks Fairness in Vehicle Rules
Delhi's CM Seeks Fairness in Vehicle Rules

Delhi's CM Seeks Fairness in Vehicle Rules

Delhi's Chief Minister Rekha Gupta plans to request the Supreme Court to establish uniform vehicle age rules across India. This comes after Lieutenant Governor VK Saxena questioned the irrationality of banning 10-year-old diesel vehicles in Delhi while they remain legal elsewhere. The Delhi government seeks to lift the recent ban on refueling older vehicles, asserting that it’s impractical due to technological issues. With public sentiment largely against the fuel ban, Gupta emphasizes pollution control measures and aims to alleviate the concerns of Delhi residents, highlighting that old vehicles can still refuel in neighboring areas.

Trending News

Indian Markets Set for Cautious Opening
Indian Markets Set for Cautious Opening
Indian markets are set for a cautious opening as benchmark indices like Sensex and Nifty reflect mixed signals. With Nifty hovering around 25,450, investors are wary ahead of potential developments in the US-India trade deal. Although Sensex gained slightly, broader indices struggled, showing a decline in mid and small-cap stocks. Global markets are impacted by new tariffs imposed by the US, leading to fluctuating equity performances. As foreign and domestic institutional investors show renewed interest, the day ahead may hold opportunities amidst the uncertainty.
Latest Q1FY26 Stock Market Highlights
Latest Q1FY26 Stock Market Highlights
The stock market is buzzing with updates from Q1FY26 earnings of major banks and companies. IndusInd Bank reported a drop in net advances, while Bank of India and IDBI Bank showed strong growth in global business. Godrej Consumer and Dabur India expect steady revenue growth, driven by key products. New projects and acquisitions are on the rise, with companies like Rail Vikas Nigam and Mahindra Lifespace Developers making significant moves. Investors should keep an eye on these stocks as they navigate a competitive landscape, aiming for robust returns.
Trump's Tariff Warning at BRICS Summit
Trump's Tariff Warning at BRICS Summit
US President Donald Trump has issued a stern warning to countries siding with BRICS, imposing a 10% tariff on them. This announcement coincides with the BRICS summit in Brazil, where Prime Minister Narendra Modi addressed global terrorism, emphasizing the need for unity. Modi condemned the recent Pahalgam attack as an assault on humanity, not just India. As BRICS expands and includes more nations, members express concerns about unilateral tariffs affecting the global economy. This situation highlights the growing divide between Western policies and emerging economies.
Nifty & Bank Nifty: Key Levels and Strategies Ahead
Nifty & Bank Nifty: Key Levels and Strategies Ahead
The Nifty 50 and Bank Nifty ended the day with little change, indicating uncertainty among traders. The Nifty 50 is projected to trade between 25,300 and 25,700, while the Bank Nifty is expected to remain in the 56,600 to 57,600 range. A breakout above or below these levels could lead to significant market movements. Experts recommend a cautious approach, suggesting potential buy and sell strategies based on key support and resistance levels. Overall, while momentum is lacking, the long-term trend remains positive, hinting at possible upward movements in the near future.
Smartworks IPO: Losses Emerge Amid Revenue Growth
Smartworks IPO: Losses Emerge Amid Revenue Growth
Smartworks Coworking Spaces is gearing up for its IPO on July 10, despite recording a net loss of Rs 63.17 crore last fiscal year. This loss, though significant, comes alongside a rise in operational revenue, which jumped to Rs 1,374.05 crore from Rs 1,039.36 crore. With 48 centers and plans for expansion, Smartworks aims to enhance revenue and reduce expenses to achieve profitability. The IPO size has been revised down to Rs 445 crore, with funds earmarked for new center fit-outs and loan repayments. Will this move bolster Smartworks' financial health?
UAE's New Golden Visa: Easier Residency for Indians
UAE's New Golden Visa: Easier Residency for Indians
The UAE has updated its Golden Visa program, making it more inclusive for professionals from various fields, including nurses, teachers, and digital creators. This shift allows Indian nationals to apply for a 10-year residency without the need for significant financial investments, which previously limited access. With a fee of AED 100,000 (around Rs 23.3 lakh), many Indians are expected to seek this opportunity, enhancing the UAE's appeal as a destination for South Asians due to its tax-friendly policies and stable environment.
Unlocking AI: The Future of Model Context Protocol
Unlocking AI: The Future of Model Context Protocol
The AI landscape is evolving with new concepts like Model Context Protocol (MCP), which aims to enhance integration between AI systems and external data sources. Indian fintech Zerodha is leading the way by integrating MCP with Anthropic’s AI, allowing users to gain valuable insights into trading and personal finance. This innovation simplifies complex workflows and offers free access to users. However, experts warn of potential security risks as multiple AI servers interact, emphasizing the need for careful management of personal data. The future of MCP holds promise but requires vigilance against misuse.
Love, Work, and Wealth: Your Daily Guide
Love, Work, and Wealth: Your Daily Guide
Relationships require attention today, balancing love and work responsibilities. While financial health looks promising, emotional pressures may arise, demanding patience and good listening skills. Married individuals may face complaints, while singles might meet someone intriguing. In the workplace, steer clear of politics and focus on integrity. Opportunities for IT professionals to relocate abroad are on the horizon, and students may excel in exams. Businessmen will secure beneficial deals, and wealth accumulation is likely. Prioritize your health by maintaining a nutritious diet and avoiding unhealthy habits.
Gold Prices Stable Amid U.S. Tariff Changes
Gold Prices Stable Amid U.S. Tariff Changes
Gold prices remained stable as U.S. President Trump announced increased tariffs on imports from Japan and South Korea, signaling a new phase in the trade war. Spot gold saw a slight decrease, while U.S. gold futures held steady. The tariffs, effective August 1, aim to pressure trade partners, though exceptions could be made for negotiations. Meanwhile, rising U.S. treasury yields are impacting gold's appeal, as higher yields increase the cost of holding non-interest-bearing assets. Inflation concerns also complicate the Federal Reserve's plans for interest rates.
Trump’s New Tariffs: Global Trade Impact Explained
Trump’s New Tariffs: Global Trade Impact Explained
President Donald Trump has heightened trade tensions by announcing new tariffs on several countries, including Japan and South Korea, effective August 1. In letters sent to 14 nations, he emphasized that countries could avoid tariffs by manufacturing in the U.S. These measures are aimed at addressing trade deficits and may impact key imports like cars and electronics. Notably, Trump mentioned that a trade deal with India is close to being finalized, highlighting its importance in U.S. trade relations. The new tariffs could significantly affect global markets and consumer prices in the U.S.
India’s Trade Strategy: Fair Deals Over Quick Agreements
India’s Trade Strategy: Fair Deals Over Quick Agreements
India is cautious about signing a trade agreement with the US, prioritizing fairness and competitive advantage for its industries. CII President Rajiv Memani emphasizes the importance of engaging various sectors and ensuring relative competitiveness, especially in electric vehicles and pharmaceuticals. He advocates for expanding Production-Linked Incentives (PLIs) and reforming GST to drive growth. While India's economy is on a strong upward trajectory, achieving the ambitious goal of 8% growth will require consistent reforms and strategic planning amidst global uncertainties.
Bajaj Finance Sees 25% Growth in AUM
Bajaj Finance Sees 25% Growth in AUM
Bajaj Finance Ltd's shares jumped on July 4 after announcing impressive growth in its quarterly business update. The company's assets under management (AUM) surged by 25% year-on-year, reaching approximately Rs 4.41 lakh crore. With a significant increase in its customer base to over 106 million, Bajaj Finance added nearly 4.7 million new customers in the first quarter. New loan bookings also rose by 23%, and the firm’s deposits increased by 15%. International brokerage Morgan Stanley remains optimistic, setting a target price of Rs 1,050 per share, highlighting the company's strong position amid a moderating credit environment.
Modi's Historic Visit to Brazil for BRICS Summit
Modi's Historic Visit to Brazil for BRICS Summit
Prime Minister Narendra Modi's visit to Brazil marks a historic occasion as it's the first bilateral trip by an Indian PM in nearly 60 years. Attending the BRICS Summit in Rio de Janeiro on July 6-7, Modi aims to strengthen ties with Brazil, a key partner in South-South cooperation. The agenda includes discussions on global challenges like trade tariffs and terrorism, with a focus on promoting peaceful international governance. This trip highlights India's commitment to collaborating with emerging economies and addressing pressing global issues collaboratively.
Exciting IPOs Coming Next Week in India!
Exciting IPOs Coming Next Week in India!
The primary market is set for an exciting week starting July 7, with six new IPOs, including notable ones from Travel Food Services and Smartworks Coworking Spaces. Travel Food Services aims to raise Rs 2,000 crore, while Smartworks targets Rs 445 crore. Additionally, four IPOs from the SME segment will open, featuring Smarten Power and Chemkart India. The listings promise vibrant activity, with multiple companies debuting on exchanges. This week offers investors a great opportunity to explore fresh investment avenues in diverse sectors.
India's Economic Outlook: Key Trends for FY26
India's Economic Outlook: Key Trends for FY26
Shailendra Kumar from Narnolia Financial Services indicates that the key indicator for Q1FY26 will be if the earnings growth projection of 12-13% is revised upwards. While the economy shows positive signs, its impact on corporate earnings will unfold over the next quarters. The recent Jane Street incident highlights the risks of market manipulation within the booming Futures & Options trading sector. With supportive policies and anticipated GDP growth around 6.75%, there’s optimism for sectors like consumption, despite caution needed in capital markets.
Hyundai Creta Tops Sales in June 2025
Hyundai Creta Tops Sales in June 2025
The Hyundai Creta has once again claimed the title of best-selling car in India, marking impressive sales of 15,786 units in June. SUVs continued to dominate the market, with six out of the ten best-selling models being SUVs. Maruti Suzuki models like the Dzire, Brezza, and Ertiga also performed well, showcasing the brand's strong presence in various segments. The competition remains fierce, but Hyundai's Creta stands out, reaffirming its popularity among Indian consumers looking for a reliable and stylish SUV.
Global Economic Trends: A Mid-2025 Perspective
Global Economic Trends: A Mid-2025 Perspective
As we reach mid-2025, the anticipated global economic slowdown hasn't materialized, and the US markets continue to thrive, supported by the One Big Beautiful Bill (OBBB). Despite concerns over rising fiscal deficits, indicators suggest a robust job market and steady growth. Meanwhile, India is experiencing mixed signals, with the Nifty nearing yearly highs but industrial output showing signs of struggle. Predictions indicate a potential slowdown in nominal GDP growth, causing concerns for corporate revenues. With looming tariff threats, uncertainties persist, but for now, markets remain buoyant, dancing to the rhythm of optimism.
SEBI Launches Investor Awareness Campaign
SEBI Launches Investor Awareness Campaign
SEBI, India's market regulator, is set to launch a major investor awareness campaign addressing issues like cyber fraud and responsible investing. Chairman Tuhin Kanta Pandey emphasized the need for a balanced investment portfolio tailored to individual risk tolerance. To combat cyber fraud, SEBI will introduce features like Validated UPI to verify transaction authenticity. Additionally, a more flexible regulatory approach for experienced investors is on the table. Notably, SEBI and the RBI aim to facilitate direct retail investment in G-secs, enhancing access for individual investors.