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The Latest Breaking News from New Delhi

Xiaomi 'Effectively Halted' in Increasingly Challenging Indian Market

Key takeaways: Xiaomi said last week that its Indian operations have been ‘effectively halted’ after a court declined to unlock $676 million worth of its assets frozen in a local tax dispute

Benzinga

India tells Gambia it is probing childrens' deaths linked to India-made drugs

New Delhi is "seriously investigating" the deaths of 69 children in Gambia in the wake of a report that provisionally linked the fatalities to Indian-made products, the South Asian nation's foreign minister told his Gambian counterpart on Thursday.

Reuters

Infosys Q2 net profit jumps 11% to Rs 6,021 crore; announces share buyback of Rs 9,300 crore

NEW DELHI: IT service major Infosys on Thursday reported 11% jump in consolidated net profit for the second quarter ended September 30.

The Times of India

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In charts: October biggest month ever for crypto hackers;$3 billion stolen in 2022 already

NEW DELHI: October emerged as the biggest month ever for crypto hacking activities as over $718 million has been stolen from decentralized finance protocols so far this month, according to data analysed by blockchain specialist Chainalaysis.

The Times of India

India’s economy faces significant external headwinds, IMF says

NEW DELHI: India’s economy faces notable risks from global developments, including aggressive central bank actions and the fallout of the prolonged war in Ukraine, according to the International Monetary Fund.

The Times of India

More financial burden for the common man: Amid rising food prices, expect another rate hike by December

NEW DELHI: The Reserve Bank of India (RBI) may be forced to raise repo rate yet again in December with retail inflation rising to 5-month high of 7.41% in September, mainly on account of rising food prices.

The Times of India

Priya Malik ties the knot with boyfriend Karan Bakshi in Delhi, says honeymoon will have to wait until next year

Bigg Boss contestant Priya Malik tied the knot with boyfriend Karan Bakshi, who is a Delhi-based entrepreneur, on October 9. The new bride shares, “It’s a great feeling to be married. I feel settled and content. We got married at a gurudwara in Delhi. The best thing is that Karan’s…

The Times of India

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The end of dadagiri: How Ganguly’s unceremonious exit from BCCI unfolded

At 11 pm on October 6, home minister Amit Shah hosted the who’s who of the Indian cricket administration at his official residence in New Delhi. This occurred precisely one week after prime minister Narendra Modi’s speech at the National Games opening ceremony in Ahmedabad on September 29 during which…

Newslaundry

India halts production at factory linked to Gambia 'cough syrup' deaths

In tonight's edition: The deaths of dozens of children in Gambia from suspected contaminated medicinal syrups sees Indian authorities shut down production at a pharmaceuticals company in Delhi. And the WHO hopes to start clinical trials for the strain of Ebola behind a deadly outbreak in Uganda. Finally, violent child…

France 24

LIC sells over 2% stake in Power Grid for Rs 3,079 crore in 5 months

NEW DELHI: LIC has sold over 2 per cent of its holding in Power Grid Corporation over the past five months for Rs 3,079.43 crore, the insurer said on Wednesday.

The Times of India

Junior Badminton Championship sets world record

NEW DELHI: The Junior Badminton Championship organisers on Wednesday, claimed to have created a world record for "Most Kids Participating in a Badminton Championship in Multiple Cities".

The Times of India

Centre to bear Rs 22,000 crore burden for keeping LPG prices in check

NEW DELHI: The Centre will pay Rs 22,000 crore as a one-time grant to state-run fuel retailers to compensate them for keeping price of LPG — liquefied petroleum gas supplied as cooking fuel to households — in check in spite of a surge in the benchmark rates.

The Times of India

CBI books Delhi govt's forest dept officials in Rs 223-cr FD scam

NEW DELHI: The CBI has registered a case against unidentified officials of Delhi government's forest department and an official of Bank of Baroda in connection with a Rs 223 crore fixed deposit scam, the central agency said Wednesday.

The Times of India

Tracxn Technologies IPO subscribed 2 times on last day of offer

NEW DELHI: The initial public offering (IPO) of Tracxn Technologies was subscribed two times at the close of the offer on Wednesday.

The Times of India

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The Times of India

Reliance Retail collaborates with NBA to sell merchandise in India

NEW DELHI: Reliance Retail on Wednesday said it has entered into a multi-year collaboration with NBA to sell the global sports organisation's merchandise at its stores in India.

The Times of India

TOI Exclusive: Sports governance no rocket science, we must get this right, says Abhinav Bindra

NEW DELHI: Abhinav Bindra, India's first individual Olympic gold medallist, has strongly advocated the need to have an 'appointed' secretary general in the Indian Olympic Association (IOA), instead of an 'elected' office-bearer, which was the norm earlier. Bindra was part of the Indian delegation comprising representatives from the IOA, Olympic…

The Times of India

Nearly eight months into Ukraine war, EU still biggest buyer of Russian crude

NEW DELHI: It's been nearly 8 months since Russia invaded Ukraine, leading to the largest military conflict in Europe since World War II.

The Times of India

Delhi likely to take Germany's help for building world-class roads

NEW DELHI: Delhi government may consider taking the help of German experts in making roads in the national capital world-class, chief minister Arvind Kejriwal said on Wednesday. The statement came after the AAP leader met German ambassador to India Philipp Ackermann.

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The Times of India

Delhi: Auto-rickshaw driver arrested for molesting school kid

NEW DELHI: A 25-year-old auto-rickshaw driver was arrested in south Delhi's Saket area for allegedly molesting a school student, police said on Wednesday. The accused, Shahrukh usually drove in Ambedkar Nagar, Sangam Vihar and Chirag Delhi area, they said.

The Times of India

RBI to tell government why it failed to check inflation since January

NEW DELHI: With inflation staying above the upper tolerance limit for nine straight months, the Reserve Bank will now have to submit a report to the central government detailing reasons for the failure to contain prices and remedial steps to rein in the price rise.

The Times of India

Top seeds advance to 2nd round of Fenesta Open

NEW DELHI: Top seed Vaidehi Chaudhri and second seed Sai Samhita scored contrasting wins to move to the women's singles second round of the Fenesta Open national tennis championship, here on Wednesday.

The Times of India

Moonlighting a 'question of ethics', says Wipro CEO

NEW DELHI: Weeks after Wipro fired 300 of its employees for moonlighting, the company's CEO Thierry Delaporte on Wednesday said that while little side jobs were fine, working for a competitor is a "question of ethics".

The Times of India

NADA to tie up with food safety body to crack down on doping: Anurag Thakur

NEW DELHI: Alarmed by the rise of doping cases in India, National Anti Doping Agency (NADA) will now join hands with National Forensic Sciences University and Food Safety Standards Authority of India to "protect" the country's athletes, Union Sports minister Anurag Thakur said here on Wednesday.

The Times of India

Byju's chalks out plan to become profitable by March, fire 2,500 employees and hire 10,000 teachers

NEW DELHI: Edtech major Byju's has chalked out a plan to become profitable by March 2023 to optimise its marketing and operational cost, which will lead to retrenchment of 5 per cent employees or about 2,500 people in next six months.

The Times of India

Discus thrower Kamalpreet Kaur banned for three years for use of steroid

NEW DELHI: Top Indian discus thrower Kamalpreet Kaur, who achieved stardom for her exploits at the Tokyo Games, was on Wednesday banned for three year for using prohibited substance stanozolol, the Athletics Integrity Unit (AIU) has announced.

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