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The Latest Breaking News from Mumbai

RBI imposes restrictions, withdrawal caps on 4 co-op banks

MUMBAI: The Reserve Bank on Friday imposed several restrictions, including a cap on withdrawals for the depositors, on four cooperative banks for six months given their deteriorating financial positions.

The Times of India

DHFL scam: CBI seizes ₹34 crore worth of paintings by Tyeb Mehta, Manjit Bawa during searches

The agency conducted searches at the premises of Rebecca Dewan and Ajay Ramesh Nawandar in Mumbai and Dewan Villa in Mahabaleshwar

The Hindu

RBI imposes penalties on Federal Bank, Bank of India

MUMBAI: Reserve Bank of India (RBI) on Friday said it has imposed a penalty of Rs 5.72 crore on Federal Bank for deficiencies in regulatory compliance.

The Times of India

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India travel guide: Everything you need to know before you go

Majestic palaces and ancient cities, storybook wildlife and some of the best food you’ll ever eat - India is a bucket-list classic, with strikingly different regions to explore

The Independent UK

Phone tap | CBI books ex-MDs of NSE, retired IPS officer

Searches conducted at eight locations in Mumbai, two in Pune, five in and around Delhi

The Hindu

ICC meet before Commonwealth Games to discuss Future Tours Programme

MUMBAI: The Future Tours Programme (FTP) cycle from 2024-2032 for men’s and women’s international cricket, and deciding on the hosts for ICC Women’s events from 2024 onwards will be up for discussion when Board members meet for the International Cricket Council’s (ICC) Annual Conference in Birmingham from July 23-26, TOI…

The Times of India

HDFC Bank hikes MCLR by 0.20% in third consecutive increase in rates

MUMBAI: The country's largest private sector lender HDFC Bank on Thursday announced a 0.20 per cent hike in its marginal cost of funding based lending rate across all tenors.

The Times of India

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India Post brings out a set of postcards painted by children in Kamathipura

A postcard-making initiative by India Post helps children on the fringes pay tribute to their mothers: sex workers of Kamathipura

The Hindu

The reluctant Sainik: The rise and fall of Uddhav Thackeray

The detractors of the former Maharashtra chief minister say he followed ‘aristocratic’ politics and was out of touch with the grassroots

The Hindu

New Omicron subvariant found in 10 Pune patients

MUMBAI: A new subvariant of Omicron, BA.2.75, has been identified in ten Covid patients in Pune. This second-generation subvariant of BA.2 is said to have a growth advantage over other sublineages, but its impact will be known in the coming weeks, experts said.

The Times of India

Mumbai: In-laws can't use senior citizen's right to throw son's wife out of home, says court

MUMBAI: Observing that the rights of senior citizens, as conferred by Maintenance and Welfare of Parents and Senior Citizens Act, cannot be used as weapon in proceedings initiated by the daughter-in-law under the provisions of Domestic Violence (DV) Act, sessions court rejected the plea of a senior citizen couple from…

The Times of India

First arrest in fake power SMS cases in Mumbai

MUMBAI: It could be the first cyber detection in the string of fake electricity SMS cases in the city. Malabar Hill police on Wednesday arrested a 37-year-old waiter, who works in a Navi Mumbai restaurant, for alleged involvement in a fake SMS case in which Rs 1.7 lakh was siphoned…

The Times of India

Another wet day, Mumbai rain to soon breach 1,000mm mark

MUMBAI: As heavy spells of rain continued to lash most parts of Mumbai, Thane and Navi Mumbai till Wednesday evening, the season's total rainfall inched closer to the 1,000mm-mark.

The Times of India

Triple trouble for crypto: Liquidity crunch, bear market, new tax rules

MUMBAI: It’s a triad of negative factors, and not only the new rules relating to crypto currencies that kicked in on July 1, that’s giving jitters to crypto investors and driving some out of the market.

The Times of India

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The Times of India

Potholes make a comeback on arterial roads in Mumbai: Motorists

MUMBAI: A day after a biker hit a pothole on the waterlogged Ghodbunder Road in Thane and got crushed under a state transport bus, motorists complained that Mumbai roads are no better. As heavy rain continues to lash the city, potholes have made a comeback on city roads, especially Western…

The Times of India

Maharashtra govt may delay naming mantris by 10 more days

MUMBAI: A week after CM Eknath Shinde and deputy CM Devendra Fadnavis took oath, there is still uncertainty over cabinet expansion. Senior BJP leaders felt induction of ministers should be postponed in view of NDA presidential candidate Droupadi Murmu's visit to Mumbai on July 14, which will be followed by…

The Times of India

Maharashtra CM Eknath Shinde asks Covid-19 task force — set up by Uddhav Thackeray-led MVA government — to continue its work

MUMBAI: Maharashtra chief minister Eknath Shinde on Wednesday asked the state Covid-19 task force — which was appointed by the Uddhav Thackeray-led Maha Vikas Aghadi (MVA) government — to continue the work of monitoring the situation and advising the administration about steps to control the pandemic.

The Times of India

Mumbai: Yug Tuli gets bail in 2017 Kamala Mills rooftop fire case

MUMBAI: The Bombay high court has granted bail to Yug Tuli, co-owner of Mojo’s Bistro, accused in the Kamala Mills roof top fire of December 29, 2017. He was in custody for 11 months before the Supreme Court had released him on interim bail in December 2018, pending his plea…

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The Times of India

RBI liberalises norms to boost forex inflows

MUMBAI: Reserve Bank of India (RBI) on Wednesday further liberalised norms to boost inflows of foreign exchange, including doubling the borrowing limit under the ECB route, amid the rupee falling against the US dollar.

The Times of India

Sensex, Nifty rebound over 1% as financials, FMCG shares gain

MUMBAI: Benchmark stock indices sensex and Nifty rebounded over 1 per cent on Wednesday following buying in FMCG, financials and auto stocks amid softening crude oil prices and foreign funds turning net buyers of domestic equities after a long gap.

The Hindu

IMD issues heavy rain alert for Maharashtra from July 6 to 8

Three injured in Mumbai landslip

The Hindu

CBI searches 16 locations in Kiru power project case

Graft alleged in award of civil work

The Times of India

Three injured in Mumbai landslide after heavy rain; flooded roads and traffic snarls continue to plague citizens

MUMBAI: At least three persons were injured after a landslide near a chawl in Mumbai on Wednesday, as the city continued to witness heavy rain for the third day in a row, with no respite to citizens as many low-lying areas were waterlogged causing traffic disruptions, officials said.

The Times of India

Heavy rain lashes Mumbai, disrupts traffic movement

MUMBAI: The continuous downpour in the city on Wednesday and the resultant waterlogging disrupted the traffic movement.

The Times of India

Mumbai: Powai lake starts overflowing

Amid incessant rain over the past few days, Powai lake in Mumbai's eastern suburbs began overflowing at 6.15 pm on Tuesday. In 2020, it started overflowing on the exact same day --- July 5 --- but last year it was full by June 12.

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