New Delhi is the capital of India and an administrative district of the National Capital Territory of Delhi. 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. Although colloquially Delhi and New Delhi are used interchangeably to refer to the National Capital Territory of Delhi (NCT), these are two distinct entities, with New Delhi forming a small part of the city of Delhi. The National Capital Region is a much larger entity comprising the entire NCT along with adjoining districts in neighbouring states, including Ghaziabad, Noida, Gurgaon and Faridabad. The foundation stone of New Delhi was laid by George V during the Delhi Durbar of 1911. It was designed by British architects Edwin Lutyens and Herbert Baker. The new capital was inaugurated on 13 February 1931, by Viceroy and Governor-General Irwin.
New Delhi is rated Alpha − by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Alpha level cities are linked to major economic states and regions and into the world economy.
New Delhi is the #49 city in the world according to the Global Financial Centres Index (GFCI) which evaluates and ranks the competitiveness of the major financial centres of the world according to a wide range of criteria – Human Capital, Business, Finance, Infrastructure and Reputation.
New Delhi has a population of over 257,803 people. New Delhi also forms part of the wider Delhi metropolitan area which has a population of over 30,291,000 people.
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