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The Latest Breaking News from Mumbai

'Mumbai takes it back quietly': Investment banker reveals Rs 1.3 lakh monthly expenses with no vacations, sparks debate on savings

An investment banker in Mumbai revealed a monthly expenditure of Rs 1.3 lakh, excluding vacations, for basic living expenses in Worli. This detailed breakdown highlights significant costs for rent, domestic help, travel, and food deliveries, underscoring the high cost of urban living for demanding professions.

The Economic Times

"Signal Shala": Mumbai flyover school offers big lifeline to street children

A unique school operating from shipping containers in Mumbai provides education to children from marginalised communities. Many of these children are excluded from formal schooling due to poverty and migration. The 'Signal Shala' offers them a major lifeline with free meals, transportation and tailored lessons.

The Economic Times

LPG gas cylinder price hiked by Rs 29: Check domestic cylinder rates in Delhi, Mumbai, Kolkata, Chennai and other cities

LPG Price hike: Cooking gas cylinders have become costlier again. A 14.2-kg domestic LPG cylinder now costs ₹29 more across India. This is the second price hike in three months. Revised rates took effect on June 7. State-run oil companies implemented the increase. This impacts millions of households. Fuel retailers…

The Economic Times

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Union minister Piyush Goyal launches skill, AI employment initiatives in Mumbai

In a significant push towards building a future-ready workforce for Viksit Bharat 2047, Uttar Mumbai MP and Union Commerce Minister Piyush Goyal today inaugurated a series of skill development, AI-enabled employment and industry-led training initiatives in Mumbai, underscoring the critical role of youth, technology and partnerships in shaping India's growth…

The Economic Times

₹36 lakh job offer vs ₹25 lakh salary: Gurugram techie says higher package brings lower take-home, flags Mumbai cost worries

A Gurugram-based tech professional faces a career crossroads. A new job offer in Mumbai promises a higher annual salary but a reduced monthly take-home amount. This is due to a significant performance-based variable component. Relocation to Mumbai also presents financial challenges with its higher cost of living. The professional is…

The Economic Times

Mumbai auto driver receives Rs 15,682 instead of Rs 156 from a CEO. Here's what happened next

Mumbai auto driver Altaf receives Rs 15,682 that was accidentally transferred to him by a CEO rushing to a client meeting. What he did with it is going viral. The act of honesty, shared in a LinkedIn post, has sparked conversations about trust, integrity and the everyday kindness people often…

The Economic Times

Dropped by BCCI, backed by performances: Shreyas Iyer gets India's T20 captaincy

Shreyas Iyer has been named captain of India's T20I team for upcoming tours of Ireland and England. This appointment marks a significant leadership transition. Iyer's consistent performance and proven leadership in franchise cricket have earned him this opportunity. He is expected to guide a young team and build on his…

The Economic Times

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22k gold rate today: Check 24k, 22k, 18k gold prices (June 6, 2026) at IBJA, Tanishq, Joyalukkas, Kalyan Jewellers and Malabar Gold & Diamonds

Gold prices June 6, 2026, are available from Tanishq, Malabar Gold & Diamonds, and Joyalukkas. Rates for 22k gold are provided across major cities. IBJA also offers indicative retail selling rates for various gold karats and silver.

The Economic Times

Bengaluru-Mumbai IndiGo aircraft suffers bird-hit, flight delayed

An IndiGo flight from Bengaluru to Mumbai experienced a bird strike on Friday. The aircraft was taxiing on the runway when the incident occurred. The pilot immediately returned to the bay for necessary checks. After inspecting both engines, the Airbus A321Neo was declared safe. The flight eventually departed over an…

The Economic Times

Mumbai local train update: 5-hour jumbo block on June 7; services to be cancelled or diverted Between Churchgate and Mumbai Central

Western Railway will conduct a five-hour jumbo block on Sunday, June 7, 2026, affecting the UP and DOWN Slow Local Lines between Churchgate and Mumbai Central from 10:35 am to 3:35 pm. Commuters should expect train cancellations, diversions, and short-terminated services as essential maintenance is carried out to enhance safety…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (June 5, 2026) at IBJA, Tanishq, Joyalukkas, Kalyan Jewellers and Malabar Gold & Diamonds

Gold prices saw a dip today, June 5, 2026. This decline followed positive news regarding potential progress between the US and Iran. Market sentiment improved as US President Donald Trump indicated advancements.

The Economic Times

Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT Mumbai

An NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this money to buy an insurance policy in his son's name, leading to an 'unexplained cash credit' notice. ITAT Mumbai ultimately ruled in favor of…

The Economic Times

Dharavi to become a smart city: HSBC says Asia's largest slum could soon have metro stations, green spaces & 125,000 new homes

Dharavi's massive redevelopment project, a joint venture between the Maharashtra government and Adani Group, aims to transform the Mumbai slum into a smart city. The initiative involves rehabilitating over 125,000 homes and creating a multi-modal transport hub, public spaces, and significant infrastructure improvements.

The Economic Times

Government rolling out 100 ethanol fuel stations in Delhi-NCR, Maharashtra: Hardeep Singh Puri

India is expanding its network of ethanol fuel stations across Delhi-NCR, Pune, Mumbai, and Nagpur. This initiative aims to significantly reduce the country's reliance on imported fossil fuels. The government plans to increase the number of these stations to 500 by the end of 2026 and anticipates 5,000 by 2027.…

The Economic Times

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The Economic Times

The story behind Wadhwa Wise City, an integrated township envisioned as a complete urban ecosystem in Panvel

Fifteen years ago, Panvel was a barren hillock, but Vijay Wadhwa envisioned it as Mumbai's next urban center, addressing the city's growing pressures. Wadhwa Wise City was conceived to offer a better quality of life, blending opportunity with well-being. Strategic infrastructure projects and coordinated planning are transforming Panvel into a…

The Economic Times

Petrol, Diesel Price Today: Has India seen another hike on June 4? Check fuel rates in Delhi, Mumbai, Gurgaon, Chennai and other cities

Petrol, Diesel Price Today: Fuel prices held steady across India on June 4, offering consumers a brief respite. However, rising global crude oil prices, nearing $95 per barrel, are fueling speculation about potential hikes. Such an increase could significantly impact household budgets, transportation costs, and overall inflation, making future fuel…

The Economic Times

ET Alpha Wealth Summit: What's next for markets, AI and India's growth story?

Leading investors will convene at the ET Alpha Wealth Summit in Mumbai on June 4 to dissect market trends and identify opportunities. Discussions will focus on artificial intelligence's impact on India's IT sector and the nation's economic trajectory, alongside the durability of India's growth story amidst global uncertainties.

The Economic Times

Mumbai gets new admin hub as Air India building goes to state for Rs 1,601 crore

Maharashtra government has acquired the iconic Air India building in Nariman Point for Rs 1,601 crore. The building will be transformed into a modern government complex. This move aims to enhance administrative efficiency by providing new office spaces for various departments. The PWD Minister has directed officials to conduct a…

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The Economic Times

Petrol, Diesel Price Today (June 3): Check fuel rates in Delhi, Kolkata, Mumbai, Chennai, Gurgaon and other cities

Petrol, Diesel Price Today: Fuel prices across India remained stable on June 3, with no significant changes reported in major metro cities for petrol and diesel. Despite global crude oil fluctuations, oil marketing companies maintained current retail rates, offering commuters temporary relief. CNG prices also saw no hikes, contributing to…

The Economic Times

Mumbai, Pune weather this week: IMD issues yellow warning as thunderstorms hit Maharashtra; SpiceJet issues advisory

Mumbai weather: Mumbai and Pune are bracing for thunderstorms, lightning, and moderate rainfall on June 3-4 as pre-monsoon activity intensifies. A yellow alert is in effect for these cities and surrounding districts, warning of short, intense rain spells and gusty winds. Air travel in Mumbai may face delays due to…

The Economic Times

Techie fired from Germany job now earns nearly ₹9 lakh a month from games and content after returning to India

A Mumbai-based game developer, Anul Agarwal, turned a layoff in Germany into a thriving independent career, now earning nearly $10,000 monthly from games and content. After experiencing racism and mismanagement, he returned to India, leveraging social media to build a network and attract over 70 million players to his creations.

The Economic Times

Archana Puran Singh eyes possible third Madh Island property; tours resort-like bungalow with swimming pool and sea-view terrace

Archana Puran Singh and her family are exploring a new luxury bungalow on Madh Island, Mumbai, as a potential investment. The family toured a sprawling property featuring a large swimming pool, a modern kitchen, and a sea-facing terrace, which they found impressive. This bungalow is now among their preferred choices…

Whats Hot

Cab Driver Who Rejected ₹30,000 Engineering Job Now Earns ₹1.7 Lakh a Month

A Mumbai-based cab driver has become an internet sensation after revealing that he turned down engineering jobs offering salaries of ₹20,000 to ₹30,000 per month and instead built his own transportation business. His story, shared during a conversation with Bengaluru-based content creator Caleb Friesen, has sparked widespread discussion on social…

The Economic Times

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…

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