New Delhi is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House, and the Supreme Court of India. A symbol of the country’s rich past and thriving present, Delhi is a city where ancient and modern blend seamlessly together. It is a place that not only touches your pulse but even fastens it to a frenetic speed. Home to millions of dreams, the city takes on unprecedented responsibilities of realizing dreams bringing people closer and inspiring their thoughts.

New Delhi is a cosmopolitan city due to the multi-ethnic and multi-cultural presence of the vast Indian bureaucracy and political system. The city’s capital status has amplified the importance of national events and holidays. National events such as Republic Day, Independence Day and Gandhi Jayanti (Gandhi’s birthday) are celebrated with great enthusiasm in New Delhi and the rest of India.

Delhi’s position as the national capital and as a major industrial city has supported its function as a banking, wholesale-trade, and distribution center. The city is the headquarters of the Reserve Bank of India and of the regional offices of the State Bank of India and other banking institutions. Delhi is a divisional headquarters for the insurance business and is the home of the Delhi Stock Exchange. The city has long acted as a major distribution centre for much of northern India, with a large proportion of the trade conducted from within the Old Delhi area, where most of the markets are concentrated.