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The Latest Breaking News from Mumbai

Maharashtra cabinet clears proposal to avail USD 50 cr AIIB loan for rural roads scheme under Gram Sadak Yojana

Maharashtra's cabinet has approved a USD 50 crore loan from the Asian Infrastructure Investment Bank for rural road development on Tuesday. Additionally, the state will receive significant financial aid from the AIIB and New Development Bank for major road upgrades. Six Mumbai colleges are also now part of the Hyderabad…

The Economic Times

ET Alpha Wealth Summit: Decoding market cycles and India's next wealth creators

Investors face market uncertainty. The ET Alpha Wealth Summit on June 4 in Mumbai brings together top investors. S Naren of ICICI Prudential AMC will share lessons on market cycles. Samir Arora of Helios Capital Management will discuss future wealth creation opportunities. The event explores whether market turbulence is over…

The Economic Times

CBI arrests two main accused in Uttarakhand LUCC chit fund scam

The CBI has apprehended two key figures in the Rs 800 crore LUCC chitfund scam. Kishan Jain and Pankaj Jain were arrested in Mumbai. Over one lakh investors were allegedly defrauded by the Loni Urban Multi State Credit and Thrift Co-operative Society. The Uttarakhand High Court transferred the cases to…

The Economic Times

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Vedanta shares fall after media reports of ED searches at Mumbai, Delhi office

Vedanta shares dipped over 1% following reports of Enforcement Directorate searches at its offices concerning royalty payments to its parent company. This comes after a significant corporate restructuring involving the demerger of several business units. Despite recent rating upgrades, the stock remains under scrutiny.

The Economic Times

RCB on the ground, ₹2.1 lakh bill on the table & 6,200 peak orders in a minute on the app: India's IPL food obsession revealed

IPL 2026 fueled a massive surge in food delivery and restaurant bookings across India. Swiggy reported significant jumps in orders and reservations, with major cities like Bengaluru and Mumbai leading the charge. Popular dishes included biryani and desserts, while large group dining saw substantial spending, proving cricket's strong link to…

The Economic Times

ED searches against Vedanta Group in FEMA case

Vedanta Group FEMA Case: The Enforcement Directorate is searching Vedanta Group properties in Delhi and Mumbai. This action is part of an investigation into alleged violations of the Foreign Exchange Management Act. The specific nature of these violations has not been officially revealed. The company's statement is awaited. Vedanta, a…

The Economic Times

Bollywood divided over bid to cap punishing work hours

MUMBAI — Bollywood's long-entrenched culture of gruelling work schedules is facing rare scrutiny, as top actors and filmmakers clash over calls to cap shooting days at eight hours.

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Hindustan Unilever launches fragrance R&D centre under €100 million investment programme

Hindustan Unilever Limited has opened a new Unilever Fragrance Hub in Mumbai. This facility will use science and AI to create new fragrances. It aims to improve product appeal and support premium offerings. The hub will also foster collaboration with academic institutions. This move highlights the growing importance of fragrance…

The Economic Times

Petrol, Diesel price changed today on June 2? Check fuel rates in Delhi, Mumbai, Chennai, Gurgaon and other cities

Petrol, Diesel price today (June 2): Petrol and diesel prices remained stable nationwide on Tuesday, June 2, 2026, despite recent increases in crude oil prices. Analysts indicate state-run oil companies are still facing marketing losses on both fuels. Global oil prices saw minor fluctuations amid U.S.-Iran ceasefire uncertainty and Strait…

The Economic Times

Firstsource and AppliedAI Report Real-World Results from Strategic Partnership

MUMBAI, India, June 1, 2026 /PRNewswire/ -- Firstsource Solutions Limited (NSE: FSL) (BSE: 532809), a global intelligence partner and an RP-Sanjiv Goenka Group company today announced the first measurable outcomes from its strategic partnership with AppliedAI — the enterprise AI workflow automation company in which Firstsource made a strategic equity…

AAP

ET Alpha Wealth Summit: Mastering the art of investing in turbulent times

Amidst global uncertainty, the ET Alpha Wealth Summit in Mumbai on June 4 will feature veteran investor S. Naren. He will share over three decades of experience navigating market crises, offering strategies to limit losses and identify growth opportunities.

The Economic Times

'FASTag scam alert': Munnabhai actor Ashwin Mushran alleges Rs 200 penalty despite Rs 3000 balance, shares what drivers should do next

Munnabhai Actor Ashwin Mushran has sparked an online discussion after alleging he was wrongly charged a Rs 200 penalty at Mumbai's Bandra-Worli Sea Link despite having sufficient FASTag balance. Sharing the incident on Instagram, the actor claimed he later got the money refunded after showing proof of the available balance.

The Economic Times

LPG Cylinder Price Today (June 1): Check domestic gas rates in Delhi, Mumbai, Kolkata, Chennai after commercial rates hiked by Rs 42 in capital

LPG Domestic Cylinder Price today: Commercial LPG cylinder prices saw a significant increase of up to Rs 53.50 on June 1, 2026, impacting businesses like hotels and restaurants. Domestic LPG cylinder prices, however, remain unchanged. This hike, occurring amid concerns over fuel supply security and global energy market volatility, has…

The Economic Times

Mahindra and Manulife Insurance JV Moves Ahead; Gets Approval from Ministry of Corporate Affairs

MUMBAI and HONG KONG, June 2, 2026 /PRNewswire/ -- Mahindra and Manulife announced their partnership to create a life insurance business on November 12, 2025. Both companies have confirmed the incorporation of the JV company as Mahindra Manulife Insurance Limited (MMIL), following approval from the Ministry of Corporate Affairs. The…

AAP

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The Economic Times

Rohit, Dhoni, Hardik: When IPL's biggest names couldn't deliver this season

IPL 2026 delivered a harsh reality for cricket's biggest stars. Captains faltered, match-winners lost their touch, and franchise cornerstones appeared ordinary. From Rishabh Pant's record price tag to Suryakumar Yadav's lost magic, the season highlighted significant dips in performance. Hardik Pandya's captaincy faced chaos, while Jasprit Bumrah's decline shocked many.…

The Economic Times

ET Alpha Wealth Summit: Will AI disrupt India’s growth story or accelerate it?

Indian market is at a key inflection point as strong macroeconomic fundamentals support long-term growth, while rapid advances in artificial intelligence raise fresh questions on jobs, industries and investment opportunities. The ET Alpha Wealth Summit in Mumbai will host a major debate on whether India’s next decade will be defined…

The Economic Times

Mumbai weather on May 31: Will it rain today? Here's what IMD predicts for Mumbai, Thane, Raigad and Palghar

Mumbai Rain: Mumbai is expected to experience a dynamic weather pattern over the next few days. Sunday will remain hot and humid, with rain and thunderstorms likely later in the day. On Monday, skies are expected to stay partly cloudy, with a chance of isolated showers. Tuesday brings a higher…

The Economic Times

Petrol, Diesel Prices on May 31: Has your city's fuel rate changed? Check how much you'll pay in Delhi, Mumbai, Bengaluru, Kolkata and other cities

Petrol, Diesel Prices on May 31: Fuel prices remained unchanged on Sunday, May 31, after a series of recent hikes pushed petrol and diesel rates to their highest levels since 2022. The increase in fuel prices has been driven by rising global crude oil prices following supply disruptions in West…

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The Economic Times

RCB vs GT IPL 2026 final: Western Railway announces special trains, check schedule and timings

Western Railway has launched two special-fare trains between Mumbai and Ahmedabad to manage the anticipated passenger surge for the IPL 2026 final. These services aim to facilitate travel for cricket fans heading to Ahmedabad for the title clash between RCB and GT. Bookings for the special trains opened on Saturday…

The Economic Times

ET Alpha Wealth Summit: Learn the secrets of finding alpha & what it takes to build a Rs 100 crore portfolio

Investors and experts are set to gather in Mumbai on June 4 for the ET Alpha Wealth Summit. The event will focus on finding hidden market opportunities and building substantial portfolios. Discussions will cover strategies for consistent excess value and scaling wealth to ₹100 crore. Practical takeaways will guide attendees…

The Economic Times

Myanmar President Aung Hlaing begins India visit

Myanmar President U Min Aung Hlaing is on a five-day visit to India. The trip focuses on enhancing trade, connectivity, border security, and defence ties. He began in Bodh Gaya and will hold discussions with Prime Minister Narendra Modi in Delhi. The visit also includes engagements in Mumbai to explore…

The Economic Times

A record 1.15 million Indians applied for Schengen visas in 2025 — here's where they want to go

Indian demand for European travel surged in 2025, with a record 1.15 million Schengen visa applications filed, making India the third-largest source market globally. Switzerland emerged as the top destination, surpassing France and Germany. Nearly 58% of visas issued were multiple-entry permits, indicating a rise in repeat travel.

The Economic Times

Mumbai CNG gets Rs 2/kg costlier from Saturday; piped cooking gas rates also raised

Mahanagar Gas Ltd (MGL) has increased CNG prices by Rs 2 per kg and piped cooking gas by 50 paise per unit across the Mumbai Metropolitan Region. This hike, attributed to rising gas procurement costs, impacts millions of households and public transport users, intensifying demands for auto and taxi fare…

The Economic Times

Petrol, diesel prices today on May 30: Have fuel rates changed? Check latest prices in Delhi, Mumbai, Bengaluru, Kolkata and more

Petrol, diesel prices today: Fuel prices in India remained steady on May 30, offering a brief respite after recent increases. Prices, however, remain elevated due to a surge in global crude oil rates and ongoing geopolitical tensions. This pause comes after significant hikes that pushed fuel prices to their highest…

MyLifeXP

The Loneliness Epidemic Has Hit Indian Cities And It Looks Nothing Like You Think

A woman sits in a crowded Delhi Metro scrolling endlessly through Instagram reels. A software engineer in Bengaluru spends ten hours speaking to colleagues online but has nobody to call after work. An elderly couple in Mumbai lives in a luxury apartment tower surrounded by hundreds of people, yet entire…

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