City Mumbai Financial News
01.04 / 03:25
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COST
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LPG Price Cut: Prices of 19-kg commercial, 5 kg FTL cylinders cut ahead of Lok Sabha elections; check new rates
commercial cylinders and 5 kg FTL (Free Trade LPG) cylinders, effective from April 1, 2024. The price of a 19 kg commercial cylinder has been decreased by Rs 30.50, with the new price set at Rs 1764.50 in Delhi starting from April 1. Similarly, the price of the 5 kg FTL cylinder has been lowered by Rs 7.50, reported ANI, citing sources. This adjustment in prices contrasts with the previous announcement made on March 1, when oil marketing companies had increased the prices of commercial liquefied petroleum gas (LPG) cylinders.
31.03 / 18:57
UPS
Citi
Oscar
stage
exclusive
Schools
Indian luxury brands steal the spotlight on global stage
Sabyasachi Mukherjee, and the milestones keep adding up. From March 7-16 this year, coinciding with the Oscars weekend, Mukherjee presented an exclusive showcase of jewelry, clothing and other accessories at Saks Fifth Avenue’s new Beverly Hills flagship. March also marked the UK launch of Estee Lauder and the designer’s limited edition lipstick collection which will be exclusively available at Selfridges. In 2023, Mukherjee launched his largest flagship yet in Mumbai and his first exclusive jewellery boutique in India at Taj Krishna in Hyderabad.
31.03 / 18:11
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MVA wrangles over Mumbai, Sangli seats; NDA struggles over Nashik
Congress leadership is trying to arrange a meeting between Rahul Gandhi and Shiv Sena (UBT) chief Uddhav Thackeray. Thackeray is in Delhi to participate in the Aam Aadmi Party-led INDIA bloc rally. Congress leaders in Maharashtra are keen on the meeting as there is deep discontent within the party in the state after the UBT Sena declared its candidate for Mumbai North West and Mumbai South Central seats and put up a candidate in Sangli Lok Sabha constituency also. The Mumbai South Central seat has also caused a heartburn within the Congress as the party was keen to field Mumbai Congress chief Varsha Gaikwad from the constituency. While Gaikwad has not come out against the Sena (UBT) decision, however, Congress leader Sanjay Nirupam, who was keen to contest from Mumbai North West, has given an ultimatum of a week to his party to resolve the issue or «else all options would be open». Similarly, in Sangli too, Congress leaders have expressed apprehension that Vishwas Patil may contest as a rebel if the issue is not resolved.
31.03 / 16:43
markets
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pandemic
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performer
Mumbai property market record performance spree continues in March
record-setting momentum, marking its second-best March performance ever, led by brisk sales activity and robust demand despite higher mortgage rates and escalating property prices. The significance of performance is underscored by its second-place ranking, closely following March 2021, when the market received substantial support through a halving of stamp duty rates, intended to bolster business activity in the backdrop of the COVID-19 pandemic. The country’s commercial capital has witnessed the registration of over 14,145 properties during the month, up 7.5% from a year ago. Revenue collection through stamp duty charges, however, declined 8.1% to Rs 1,125 crore, according to data from the inspector general of registration in Maharashtra.
31.03 / 16:43
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Maharashtra govt maintains status quo on property ready reckoner rates
Maharashtra has decided not to make any changes to ready reckoner rates for the financial year 2024-25. The rates--minimum per sq ft value set by the government used for calculation of taxes, premiums, etc--were last changed in 2022. The government of Maharashtra has fetched revenue worth nearly Rs 36,000 crore through stamp duty collection and registration charges in the financial year 2023-24. Realty developers expect the state government’s decision to maintain status quo on ready reckoner rates will support the sector, especially the affordable housing segment.
31.03 / 14:33
stars
reports
Sporting
MI vs RR IPL 2024: When and where to watch, live streaming details, and more
ALSO READ: Tomorrow's IPL Match: MI vs RR; who’ll win Mumbai vs Rajasthan match? Fantasy team, pitch report, and more In the IPL tournaments, MI and RR have faced each other 28 times, where MI have won 15 of those and Rajasthan 12. One match between the two ended in a tie. MI's highest total against RR so far is 214, and RR’s highest score against MI is 212.
31.03 / 08:59
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community
wellness
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Diversity
2020
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Exploring the lush green world of urban India's home gardeners
Every evening after she returns from work, Jiyaajit Singh, 23, sits down to indulge in her favourite ritual: talking to her plants about her day. “Holding them and talking to them lifts my mood instantly," says the Mumbai-based nutritionist and painless period coach. Singh admits to feeling surprised by this strong connection she feels towards her plants, considering she started gardening, along with her father, Taranjit Singh, 50, only in 2020.
31.03 / 04:41
FIVE
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country
Today's youth don't run after govt jobs but are job creators: Piyush Goyal
youth don't run after government jobs but have become job creators, Union minister Piyush Goyal has said. He was addressing a meeting Saturday night of the residents of Adarsh Welfare Association in Malad suburb of North Mumbai Lok Sabha constituency, from where he is contesting as a BJP candidate. BJP's incumbent North Mumbai Lok Sabha member Gopal Shetty also addressed the meeting and requested the housing complex members to vote for Goyal. «Today's young men and women don't run after government jobs (but) with their talents become job creators. Today's youth are taking the country forward with new experiments and innovation,» Goyal said. «In the last 10 years, PM Narendra Modi took strong steps to strengthen India's economy. He attempted to bring in good governance in all areas. He brought in many schemes for the welfare of the poor,» the Commerce and Industry minister said.
30.03 / 16:59
FIVE
Aviat
Election
wellness
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Investigations
Congress questions CBI clearance for Praful Patel in 'Rs 30,000 crore Air India scam'
Congress has questioned the Central Bureau of Investigation (CBI) closing a case against Praful Patel in the BJP-alleged irregularities in leasing aircraft for Air India, alleging that the former civil aviation minister is being let off for joining the ruling alliance after splitting NCP. The main opposition party has recycled BJP's 2014 election material, alleging a «Rs 30,000-crore Air India scam» and blaming Patel for it, and asked Prime Minister Narendra Modi to come clean on his past statements against the UPA regime over the alleged «Air India scam» as well as BJP's allegations against Patel over purchasing a Mumbai property allegedly from terror accused Iqbal Mirchi's family. «Months after Praful Patel joined the BJP alliance in Maharashtra by splitting NCP, the CBI filed a closure report in a 2017 case of corruption, alleged by the BJP in its 2014 'Chargesheet',» Congress leader Pawan Khera said at an official briefing here on Saturday.
30.03 / 14:21
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India GDP expected to grow 8% and above in March quarter and FY24, says FM Sitharaman
MUMBAI : The Indian economy is expected to grow at 8% or above in the last quarter of the current financial year, leading to an equivalent growth for the whole of fiscal year 2024 (FY24), finance minister Nirmala Sitharaman said on Saturday. “Hopefully the fourth quarter (of FY24) which ends tomorrow will also have it in the range 8% or above 8%, resulting in 2023-24 having an average GDP growth of 8% or over 8% is what my expectation is," Sitharaman said in her keynote address at the Mint India Investment Summit 2024 here.
30.03 / 13:21
markets
Ball
Platform
Pool
social
International
Monthly SIPs, gift fund: Here's Edelweiss' Radhika Gupta's guide to investment plans for children
Mutual Funds: Can small SIPs help you save enough for children's education? Gupta took to social media platform ‘X’ and listed the following plans:‘’On popular request, some quick thoughts on investing for a child,'' said Gupta. These are as follows: 1. Get the docs done - birth certificate, Aadhar, PAN and then bank account.
30.03 / 09:31
30.03 / 09:21
MET
FIVE
Election
Research
hospital
Veteran Congress leader Shivraj Patil's daughter-in-law Archana Patil Chakurkar joins BJP
Lok Sabha elections, former Lok Sabha Speaker Shivraj Patil's daughter-in-law, Archana Patil Chakurkar, joined BJP on Saturday in the presence of Deputy Chief Minister Devendra Fadanvis. State BJP Chief Chandrashekhar Bawankule was also present at Chakurkar's induction into the party. Archana Patil is the chairperson of the Lifecare Hospital and Research Centre in Udgir, and her husband, Shailesh Patil Chandurkar, is the Congress' state secretary.
30.03 / 08:13
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INDIA bloc rally not person-specific but to protect democracy, Constitution: Cong
Congress asserted on Saturday that the INDIA opposition bloc's "Loktantra Bachao Rally" that will be held at the Ramlila Maidan here is not aimed at protecting a person but at saving the Constitution and democracy. The opposition party said a «strong message» will be sent out from the rally on Sunday to Lok Kalyan Marg (where the prime minister's residence is located) that the BJP-led government's «time is up». Addressing a press conference on the rally, Congress general secretary Jairam Ramesh said party chief Mallikarjun Kharge and former party chief Rahul Gandhi will address the rally, among other senior leaders. «It is not a person-specific rally. That is why it is called Loktantra Bachao Rally. This is not one party's rally, about 27-28 parties are involved in it. All constituents of the INDIA jan bandhan will be taking part in the rally,» Ramesh said.
30.03 / 07:03
markets
Citi
FIVE
trends
performer
reports
India's office market witnesses strong tenant demand; records third-highest net absorption in five years
Indian office market continues its positive trajectory, registering a net absorption of 11.5 mn sft across top 8 cities in Q1-24, according to Cushman & Wakefield’s Q1 office data. This is the third-highest level recorded in the last five years, demonstrating a robust appetite for office space among businesses. Net absorption is a barometer of real demand or expansion of occupied space in the market. While this quarter’s net absorption was 38% lower than the exceptional Q4-2023, it was a 44% increase over Q1 2023, indicating continued space occupation by businesses. Bengaluru and Mumbai emerged as the leading markets, absorbing 3.6 mn sft and 2.5 mn sft of space, respectively. They were followed by Hyderabad at 1.6 mn sft, Delhi-NCR at 1.5 mn sft Pune at 1.3 mnsf, Ahmedabad and Kolkata at 1 mn sft, and Chennai at .8 mn sft.
30.03 / 06:51
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High-end & luxury segment contribute 34% to Q1 2024 residential launches
residential real estate market in India recorded robust growth in the first quarter of 2024, propelled by persistent high demand. The high-end and luxury segments made a substantial contribution to this growth, while the mid-segment retained its leadership position in terms of the sheer number of launches or shares, mentioned Cushman & Wakefield's Residential Marketbeat Report for Q1. The report indicates that the top 8 cities recorded a total of 69,000 unit launches, with Mumbai and Pune being the top contributors with 28% and 16% respectively. Hyderabad and Bangalore followed with 16% and 13%. Although the total launches declined by 7% from Q4 2023 at 74,344 units and 15% from Q1 2023 at 81,167 units, it still surpassed the average quarterly launches observed in 2022 at 67,960 units, indicating yet another positive year for the sector.
30.03 / 05:01
Platform
love
track
fun
travelers
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Destinations
The immersive joys of train travel
@trains.of.bharat, is a trainspotter’s delight, with videos of WDG-4Gs and WDS-6s thundering past platforms and the clickety-clack of wheels on tracks. To him, railway staff such as loco pilots and guards, who guide thousands of people to different destinations everyday, “are actually heroes similar to army jawans." Kannan too describes memorable conversations with motormen and invitations to peek into the locomotive’s cabin. “Motormen are very friendly and will happily explain controls and dials.
30.03 / 05:01
COST
UPS
Citi
Trade
country
Gold and silver prices Today on 30-03-2024: Check latest rates in your city
gold in the last one week has been -0.85% .whereas in the last month it has been -7.05%. The cost of silver is Rs.77800.0 per kg up by Rs.200.0 per kg. Gold Rate Today in Delhi is ₹69135.0/10 grams.
30.03 / 03:01
Election
Updates
Car sales cooling in March may be just a sign of things to come
Tata Motors, on the other hand, remain normal. “We saw a very lukewarm response from customers in the dealerships this month, unlike a typical March.
29.03 / 18:21
MET
Fighting
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wellness
Congress wants 'friendly fights' on six seats, says Naseem Khan; will help BJP, retorts Raut
Maharashtra Congress leader Naseem Khan on Friday said the unilateral announcement of candidates by the Shiv Sena (UBT) had angered his party workers and the state unit was keen on «friendly fights» in six Lok Sabha constituencies. The Congress, Uddhav Thackeray-led Shiv Sena (UBT) and the Nationalist Congress Party (Sharadchandra Pawar) comprise the Maha Vikas Aghadi. «We met today and decided to communicate to the central leadership that we will have friendly fights on six seats, namely Sangli, Mumbai South Central, Mumbai North West and some more places. The manner in which Shiv Sena (UBT) announced candidates on seats claimed by Congress has angered our party workers,» Khan said.
29.03 / 18:15
Racing
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Food
wellness
film
Actor
country
The brand has to be bigger than you: Shilpa Shetty Kundra
MUMBAI : Actor and entrepreneur Shilpa Shetty Kundra may have spent over three decades in the film industry but has made most of her money in the past six years through strategic investments, including in startups, she said at the Mint India Investment Summit & Awards, 2024 on Friday. “Back in the day, we didn’t have different investment avenues. Today, the options are so many more.
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