Delhi, also called as the National Capital Territory (NCT) is the capital city of India. The city also happens to be a Union Territory enclosing New Delhi, the administrative district of the NCT.
It is the political hub of the country, meaning it is home to all the branches of the Indian Government, namely The Parliament (Legislature), The Rashtrapati Bhawan (Executive) and the Supreme Court of India (Judiciary). Delhi is also home to all the central government ministers as well most of the elected representatives of the people.
Established and inhabited ever since 6th Century BCE, Delhi is one of the oldest cities in the world. Ever since its existence, Delhi has been the centre of power over the span of various kingdoms it experienced. It is one of the largest cities in the country, with a population of more than 26 million if we include the National Capital Region (NCR).
The National Capital Region includes the neighbouring cities of Faridabad, Ghaziabad, Noida and Gurgaon, which, according to the UN, makes NCR the second largest urban settlement in the world after Tokyo.
The administration of Delhi, however, is distributed between the local government of Delhi and the central government. The Union Territory of Delhi has a Chief Minister like other states in the country, however, the head of state is the Lieutenant Governor, who is chosen by the Central Government.
Unsurprisingly, Delhi is the second richest city in India, with a GDP of around $370 billion (PPP), right behind Mumbai. It is recognized as a hub for International Trade and the political powerhouse of the nation. That being said, the majority of the workforce works in the service sector. Government employees account for the second-largest source of employment in the city.
Situated in the heart of North India, the city of Delhi is located on the floodplains of the Yamuna river. The National Capital Territory of Delhi roughly covers an of 1,484 sq. km, making it the largest city area wise in India. Surrounded by the neighbouring states of Uttar Pradesh and Haryana, Delhi finds itself at the crossroads of various trade routes and has established itself as an important manufacturing and retail hub.
Being an ancient city, Delhi has a rich historical heritage and is home to several museums and historical sites. The most famous being the India Gate, which was built in 1931, honouring the lives of the 90,000 soldiers who lost their lives in World War 1. It is also the National Monument of India, with the name of soldiers engraved on the structure.
The city is also home 3 UNESCO World Heritage Sites, namely, the Humayun's Tomb, The Qutub Minar and the Red Fort (also known as Lal Qila). The Lal Qila was built in 1639 and the remains spread throughout the city with the most notable being the Lahori Gate, the Delhi gate, Mumtaz Mahal and the Diwan-e-Khas. Some famous retail hubs include the infamous Connaught Place, Khan Market and the world-famous Chandni Chowk.
Because of its rich past, there are a number of museums in the city. The National Museum, National Museum of National History. National Rail Museum and the National Gallery of Modern Art are one of the largest museums in the country. One of the lesser-known museums is the International Museum of Toilets.
The city of Delhi also attracts millions from all over the country and the world, ranking it as the 11th most visited city on the planet. Some famous religious tourist attractions include the Akshardham, Jama Masjid, ISKCON temple and the Lotus Temple. Established in the 17th Century, the Khari Baori is Asia's largest spice market to date and also houses Asia's largest wholesale fruit and vegetable market.
The city also hosts a number of unique events such as the Auto Expo (Asia's largest) and the International Book Fair (the second largest in the world).
Naturally, Delhi is the largest commercial, economic and financial hub of Nothern India. Over the last few decades, many businesses have set up home in the city because of the availability of a skilled workforce. Almost every major international company has set up an office in the National Capital Region (NCR), which also includes the neighbouring satellite cities.
Several industries such as the IT, finance, telecommunications, media and others have migrated to the National Capital Region. Due to the popularity of the service sector in the last few years, Delhi is the 22nd richest city in the world. The city has the second most number of billionaires in the country, with Mumbai being the first.
The rapidly increasing purchasing power has led to Delhi being named as one of the fastest-growing retail markets in the country. The National Capital Region has experienced a large of companies setting up manufacturing units in the region because of the rapid increase in demand. It is also the country's largest milk market.
The city is also the first in the country to have a world-class transportation system, the Delhi Metro. Considered by many as an engineering marvel, the Delhi Metro is the first Railway project in the world which is considered carbon negative. The network is estimated to transport almost 2.8 million people every day. The Delhi Metro was voted as the second-best metro system in the world in 2014.
Despite being a Union Territory, Delhi is the 11th biggest state in terms of GDP in the country. According to the 2011 World Wealth Report, New Delhi was ranked at 39 in economic activity. New Delhi is considered an Alpha-city, meaning it has a significant economic and social impact on the world stage.
Being the capital of India, Delhi will always hold an important place in the country both politically and financially. In the near future, the city of Delhi is said to overtake Mumbai in terms of both GDP and financial transactions.