City Mumbai Financial News

Kumar Jain, a jeweller from Mumbai's Zaveri Bazaar, the largest gold hub in the country, said, «Consumers are buying gold coins more as they think that it is a good investment and the price of gold will move further in the coming days.» Last year, during Gudi Padwa, the price of gold was at Rs 78,000 per 10 gm, which is now nearing Rs 90,000 per 10 gm.

PropEquity. There were 1,22,365 housing units launched in the year-ago period. Real estate data analytics firm PropEquity data showed that new supply rose only in Bengaluru and fell in other cities. As per the data, new housing supply in Bengaluru increased 17 per cent to 20,227 units in January-March from 17,303 units in the year-ago period.

Shardul Thakur has seen it all in the last couple of years. The long period out because of injury in 2024 hadn’t helped either as he not only lost his place in the Indian set up, he even went unsold in the IPL auction. But he never gave up. “I felt bad when I wasn’t picked for the Border-Gavaskar Trophy (India’s tour of Australia).

Colliers India. The new supply of office space stood at 100 lakh (10 million) sq ft in the year-ago period. As per the data, the new supply in Bengaluru declined 16 per cent in January-March to 37 lakh sq ft from 44 lakh sq ft in the year-ago period. Chennai saw a decline of 33 per cent to 2 lakh sq ft from 3 lakh sq ft.

Police recovered Flaviana’s body inside the house and Diego’s from a water tank outside. TOI reported citing the police that the couple ingested pills. Diego had also attempted to cut his throat with a sickle before entering the water tank. Moreover. a suicide note left by Diego was found that explained that they had been harassed and threatened by individuals claiming to be telecom officials from New Delhi since January. The fraudsters accused the couple of misusing their SIM card for criminal activities and threatened them with a “digital arrest.” The note ifurther dentified the alleged perpetrators as Sumit Birra and Anil Yadav.

Subscribe to enjoy similar stories. Apart from sneaky sips from my parent’s wine glasses and surreptitious glugging of Christmas wine offered in church, my real tryst with wine began years ago at a swish wine bar in Mumbai. Millennials of a particular vintage will remember IVY, the very ahead-of-its-time chain of wine bars by Chateau Indage across the country in the noughties, which served Chateau Indage’s own brands and as well as imports from Australia and South Africa.

Subscribe to enjoy similar stories. MUMBAI : Financial influencers registered with the Association of Mutual Funds in India (Amfi) may face scrutiny from the market regulator as it continues cracking down on social media creators spreading financial misinformation. The regulator is looking at harmonising the advertisement code for different types of Sebi-regulated entities, Tuhin Kanta Pandey, chairperson, Securities and Exchange Board of India (Sebi), told Mint on Saturday.

Kunal Kamra's legal troubles have escalated, with three more cases filed against him at Khar police station over his alleged remarks about Maharashtra Deputy Chief Minister Eknath Shinde, ANI reported. According to Mumbai Police, the complaints were registered by the Mayor of Jalgaon city, a Nashik-based hotelier, and a businessman. Despite being summoned twice for questioning, Kamra has not appeared before the police.

Subscribe to enjoy similar stories. Bengaluru: A drone-shot video captures a 360-degree view of the Trump Towers project at Golf Course Extension Road in Gurugram, India’s hottest luxury property market. The all-glass façade of the 51-storey twin towers with sleek lines is a signature Trump style.

Subscribe to enjoy similar stories. India’s beauty market is getting too crowded—that’s a line one hears often. New homegrown brands emerge almost every month while more international names announce their entry.

Mumbai police's closure report in the Disha Salian death case had termed it a suicide and asserted she was battling depression due to various reasons, including misuse of her money by her father, an official has said. Disha Salian was a former manager of actor Sushant Singh Rajput. She allegedly committed suicide by jumping off the 12th floor of her building in Jankalyan Nagar in north Mumbai's Malad area on June 8, 2020, as per police. The closure report by Malvani police, which probed the incident, was submitted to a superior officer (as per rules for an accidental death report) on February 4, 2021. The official on Friday said as part of the probe, Malvani police recorded statements of Disha's friends and some witnesses, during which it came to light that she was depressed due to some failed projects, misunderstanding with friends and misuse of her money by her father. The police had also recorded statements of actors with whom Disha Salian was communicating on behalf of her company, he added. After the case got entangled in an acrimonious tussle between political parties, the Mumbai police set up a Special Investigation Team, though its report is still awaited.

Hindu-Muslim riots, arson and bomb blasts" during Eid in «areas like Dongri» by «illegal Rohingya/Bangladeshi/Pakistani infiltrators», an official said on Friday. The warning was received on X on Thursday morning, with Navi Mumbai police being tagged, the official added.

In terms of data centre construction cost, India recorded one of the highest increases in the Asia Pacific (APAC) region, rising by 5% in 2024 due to increasing land prices, power infrastructure demand, and high-spec, AI-ready facilities, said the real estate services firm. Despite this, the country remains a competitive investment destination compared with mature markets like Japan and Australia, it said.

Asad Lalljee, CEO of arts and culture platform Avid Learning, and his wife, holidays aren’t about ticking off Instagram-worthy hotspots — it’s about curating unforgettable experiences. Whether it’s staying in a madrasa-turned-hotel in Uzbekistan, attending a sushimaking workshop in Tokyo or doing a conscious safari at Bagh Villas in Madhya Pradesh, their family holiday is designed to be a rich and unique journey. And he’s not alone. Lalljee has noticed a shift among family and friends increasingly favouring “meaningful and immersive travel, where unique experiences take precedence over traditional tourist attractions”, he says. While private jets to Maldives, Switzerland and London are still popular, for many discerning highend travellers, the new definition of luxury travel is about seeking journeys that leave an imprint beyond social media feeds.

Subscribe to enjoy similar stories. Imagine opening a bank account or applying for a loan from the comfort of your home—no branch visits, no paperwork, just a quick video call. That’s the power of Video KYC (VKYC), a game-changer in India’s banking sector since its launch in 2020.

Bollywood superstar Salman Khan, known for his larger-than-life persona and unfiltered opinions, recently shared his thoughts on the ongoing nepotism debate in the film industry. During a press event for his upcoming film Sikandar, the actor tackled the subject with his signature humor and candidness. Speaking at the conference on March 26, 2025, Salman dismissed the idea of anyone being completely self-made, emphasizing the importance of teamwork and opportunities shaped by circumstances. He acknowledged that his own journey in the industry was influenced by his father, veteran writer Salim Khan, whose decision to move from Indore to Mumbai played a crucial role in shaping his (Salman) career. Reflecting on this, he pointed out that without his father’s move, he might have been leading a completely different life in Indore. The discussion took an amusing turn when the conversation shifted to star kids entering Bollywood. When Raveena Tandon’s daughter, Rasha, was mentioned as an example, Salman misheard and jokingly referenced Kangana Ranaut, playfully speculating whether her future child would enter films or politics. He said, “Ab Kangana ki beti aayengi, to films karengi ya politics join karengi? To unko bhi…” His lighthearted remark added a moment of laughter to the conversation, showcasing his trademark wit.

Dr. Rahul Baxi is a Mumbai-based diabetologist, and his patients are rushing to him to ask about the new drug that claims to help with weight loss. In a recent tweet, he shared that many come in with the same question: can they start taking the much-hyped medication to shed extra kilos? India’s fascination with the new Rs 16,000-a-month weight-loss injection is in full swing, with people hoping for a quick fix. However, Dr. Baxi emphasizes that the injection isn’t a magic solution for everyone. Without essential lifestyle changes like a balanced diet, regular walking or exercise, and strength training, the results may not be as effective. He stresses that the medication should only be used under a doctor’s supervision and prescribed to the right patients for the best outcomes. Netizens have shared mixed reactions to the buzz around the new weight-loss injection. Some highlighted the effectiveness of traditional methods, with one person mentioning how regular yoga, evening walks, and home-cooked meals helped lower their HbA1c from 6.2 to 5.8, despite the challenges of maintaining a strict diet in a food-loving city like Indore.

Subscribe to enjoy similar stories. India’s real estate boom has fuelled record sales and soaring margins for DLF, the country’s largest property developer after Macrotech Developers. Now, the company is setting its sights on an ambitious goal—zero debt, luxury market dominance, and ₹1 trillion in new bookings over the next five years.

Tesla struggles with falling sales and share price and global protests against his brand for his support to US President Donald Trump, its CEO Elon Musk looks at India with hope. Long seen as a potential disruptor for India's EV, Tesla is finally entering India, opening a showroom in Mumbai to sell its imported cars and has plans to set up a manufacturing plant in Maharashtra. However, Tesla has lost years dilly-dallying on its India entry and meanwhile Indian EV makers have grown enough to make things difficult for it. Many think the company may not after all be able to disrupt the Indian market in any significant way nor reap any huge dividends. Tesla may face another big challenge in India. Its global rival BYD (Build Your Dreams), which sells cars imported from China in India, could be planning to manufacture in the country. According to unconfirmed media reports, the Chinese EV giant is planning to set up a factory in Telangana. BYD, together with Indian EV makers such as Mahindra and Tata; the JV between India's JSW and China's MG Motor; and Korean and Japanese automakers CAN make it difficult for Tesla to benefit from the Indian market in any substantial way.

Indian billionaire Gautam Adani’s power generation unit resumed full electricity supply to the nation, four months after halving the feed over unpaid dues. “We’re making regular payments to Adani and receiving power as per our requirements,” Rezaul Karim, chairman of Bangladesh Power Development Board, said on Thursday. He didn’t specify the quantum of payments and whether past arrears have been cleared. Data from BPDB shows Adani increased power supply more than two weeks ago.