City Mumbai Financial News

Indian stocks have erased this year’s losses as early signs of a pickup in government spending and monetary easing buoys sentiment. The benchmark NSE Nifty 50 Index climbed as much as 1.3% on Monday, and is set for a six-day winning streak, the longest since September last year.

«The place where this show was recorded, the booking money for it came from Matoshree from Uddav Thackeray and that is why Eknath Shinde has been targeted,» Nirupam said during a press conference in Mumbai. «The people of Maharashtra have blessed the choice of Eknath Shinde, in that too, Kunal Kamra went forward with allegations because Sanjay Raut and Uddhav Thackeray has given him money,» he added. The leader further showed a photo of Sanjay Raut and Kunal Kamra at Habitat venue together. The photo is from a previous series of Kamra, called 'Ya Kunal,' where he interviewed UBT leader Sanjay Raut. Alleging that Kamra is part of the «Rahul Gandhi and Congress ecosystem,» he added, «He is a man of leftist ideology and a close friend of Sanjay Raut. First he walks with Rahul Gandhi in padyatra and his picture comes with Sanjay Raut, he also meets Sharad Pawar and Supriya Sule. And now in the name of stand-up comedy, he has made a very low level comment on our supreme leader Eknath Shinde.»

Mumbai police arrested 11 members of the Yuva Sena, the youth faction of Eknath Shinde-led Shiv Sena on Monday for vandalising the Habitat comedy venue. The group was protesting against the alleged derogatory remarks made by standup comedian Kunal Kamra on his recent comedy special, 'Naya Bharat,' uploaded on Youtube. According to police, the youth group went inside the venue while a live show of comedian Rajat Sood was going on, forcing it to stop and vandalised it. Shiv Sena has strongly objected to the comments made by Kamra, meanwhile the Opposition alliance in Maharahstra has criticised the Mahayuti government for the «break down of law and order», which UBT's Arvind Sawant saying that every word spoken by Kamra is correct. Earlier, Officials had registered a FIR it under Sections 132, 189(2), 189(3), 190, 191(2), 324(5), 324(6), 223, 351(2), 352, 333, 37(1), and 135 of the Bharatiya Nyay Sanhita (BNS), 2023 and also under sections 37 (1) and 135 under the Maharashtra Police Act. Shinde Sena's Sanjay Nirupam alleged that the booking money for the show came from Matoshree, the residence of former Chief Minister Uddhav Thackeray.

What did Kamra say?Kamra's comment, “Meri nazar se tum dekho to gaddar nazar wo aaye. Haaye," was intended to entertain the audience.

Shiv Sena Yuva Sena (Shinde faction) General Secretary Rahool Kanal on Monday sent a strong message to stand-up comedian Kunal Kamra over his comments about Maharashtra Deputy Chief Minister Eknath Shinde. Kanal said, «Abhi tak toh ye trailer hai, picture abhi baki hai» (This is just the trailer; the full film is yet to come). He explained that their reaction was not about taking the law into their own hands but about «self-respect». «When it comes to elders or respectable citizens of the country… when your elders are targeted, you will target someone of that mentality… The message (for Kunal Kamra) is clear, 'Abhi tak toh ye trailer hai, picture abhi baki hai.' Whenever you are in Mumbai, you will get a good lesson in Shiv Sena style,» Kanal added.

Fractal Analytics, a Mumbai-based artificial intelligence company, has proposed to build India’s first large reasoning model (LRM) at a total project cost of Rs 118.8 crore. In a proposal to the IndiaAI Mission, Fractal has sought an external funding of Rs 76.6 crore from the government for the initiative. The proposed LRM series will include a small model (2-7 billion parameters), medium model (20-32 billion parameters) and a large state-of-the-art model (70 billion parameters) with up to 1 trillion training tokens.

US tariff war, said Ronald O'Hanley, chairman and chief executive officer of State Street, one of the world's largest custodian banks and asset managers. In an interview with Nishanth Vasudevan during his visit to Mumbai last week, Boston-based O'Hanley spoke about the US economic outlook, China and India's instant equity trade settlement plans among various topics. Edited excerpts: There seems to be a lot of uncertainty among investors around the tariff war ignited by the US. What is your reading?

The portfolio value of Darshita Shah, 41, is down 40% since the market decline began in late September. The Mumbai-based homemaker, encouraged by her college-going son to take the plunge into stocks, had invested around ₹7 lakh in small-cap stocks, especially defence, IT and auto. Now, as Shah watches her holdings languish, she has lost the appetite to make fresh investments despite her son pushing to deploy more.

Subscribe to enjoy similar stories. Mumbai: Bajaj Finserv Ltd. expects significant growth in its financial services business over the next 15-20 years, driven by greater penetration of financial products and rising per capita income.

Subscribe to enjoy similar stories. Mumbai: Succession planning at Bajaj family’s financial services businesses begins by identifying young leaders and grooming them for years so that they can step up in future, Sanjiv Bajaj, chairman and managing director, Bajaj Finserv said. “We identify them early.

Devendra Fadnavis said on Sunday. Speaking at a programme of the CII Young Indians, Fadnavis said efficient administration and effective implementation of decisions are accelerating development in Maharashtra. «India's economy is moving towards becoming a $5 trillion economy, in which Maharashtra will have a large share. A roadmap is ready for the state to become a $1 trillion economy by 2029,» he said. He said the speed of communication and infrastructure are crucial for economic development, and the Mumbai-Nagpur Samruddhi Expressway was built for that purpose. The chief minister said Nashik has potential for the development of industries and tourism. «Considering the manpower and climate here, there is a lot of scope for tourism and industrial development. The defence ecosystem is here due to Hindustan Aeronautics Ltd (HAL). Nashik will develop more rapidly due to the Samruddhi Expressway. The largest port in the country is now being built at Vadhavan in Palghar, and Nashik city will benefit from it, as a greenfield road will be built from Nashik to Vadhavan,» he said.

Rashmika Mandanna, his co-star in the upcoming action film Sikandar. The film, directed by AR Murugadoss and produced by Sajid Nadiadwala, is set to release on Eid 2025. Ever since the announcement, social media users have raised concerns about the age disparity, but Salman Khan has now addressed the issue in his signature style.

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He, however, refrained from commenting on the CBI's closure report, saying it's a «professional agency». Speaking on the initial investigation into the actor's death, Pandey alleged that the Mumbai Police «did not cooperate» with the Bihar Police team sent to investigate the case. He claimed that an IPS officer he sent for better coordination was quarantined, and the Bihar Police team was turned away after just five days. The then Bihar DGP also clarified that he «never claimed» that the actor was murdered, but only that his death was «suspicious» and wanted a thorough investigation. Speaking to ANI, Pandey stated, «When news of Sushant Singh Rajput's death came, the matter died down within 20 days. After 20 days, his father lodged a case in Patna for the investigation of which a team was sent. But Maharashtra Police did not cooperate. I sent an IPS officer for better coordination. But quarantined him...I don't need to be biased against anyone but during that time, the kind of conduct that was displayed by Mumbai Police caused suspicions in the minds of people in the country.»

“Nice job, Indian TV media. You hounded Rhea Chakraborty like a witch in a medieval trial—no evidence, no shame, just TRPs. Who needs facts when you have flashing graphics and angry panels? For me, journalism died that day!” he wrote. For those unfamiliar with the case, actor Sushant Singh Rajput was discovered lifeless in his residence in Mumbai’s Bandra locality on June 14, 2020. The 34-year-old was found hanging from the ceiling, leading to widespread shock and speculation.

Subscribe to enjoy similar stories. Ever stared at a stubborn pimple in the mirror, wondering, “Why me?" While genetics and hormones play a role, your diet might be a culprit too. That creamy latte, protein shake, or sugary treat could be fuelling your breakouts.

Subscribe to enjoy similar stories. The title of Alina Gufran’s debut novel, No Place to Call My Own, is a dead giveaway.

Subscribe to enjoy similar stories. Red Rooms begins in court, with accused Montreal serial killer Ludovic Chevalier (Maxwell McCabe-Lokos) on trial for the murder of three teenage girls, but writer-director Pascal Plante gradually reveals a deeper interest in investigating the widespread ethical rot that accompanies society’s morbid fascination with this case. He not only digs into the dehumanising nature of true crime but also the psychological extreme of parasocial relationships, in which “serial killer groupie" Clementine (Laurie Babin) builds up Ludovic in her head, granting him a humanity he doesn’t possess.

Sushant Singh Rajput, officials said Saturday. The CBI has submitted its findings before a special court in Mumbai which will now decide whether to accept the report or order further probe by the agency, the officials said. Rajput was found hanging from the ceiling of his apartment in suburban Bandra in Mumbai on June 14, 2020. He was (34). The central agency had taken over the probe from Bihar Police which had registered an abetment of suicide case on a complaint filed in Patna by his father K K Singh. In its conclusive medico-legal opinion to the CBI, forensic specialists at AIIMS had dismissed the claims of «poisoning and strangling» made in the case. The CBI had recorded the statements of Rhea Chakraborty, the rumoured girlfriend of Rajput, and others in his close circle, and collected the actor's medical records.

Rakesh Pandey, known for his impactful performances in Hindi and Bhojpuri cinema, passed away on March 21 at 8:50 am due to cardiac arrest. He was undergoing treatment in the Intensive Care Unit at Arogyanidhi Hospital in Juhu, Mumbai. The 77-year-old actor is survived by his wife, daughter Jasmeet, and granddaughter. His last rites were held on March 22 at Shastri Nagar crematorium. Born on April 9, 1940, in Himachal Pradesh, Rakesh Pandey's acting journey began in 1969 with Sara Akash, where he portrayed the role of Samar. This debut set the stage for a prolific career spanning decades, with remarkable performances across multiple genres. He gained recognition for his role as Mangal in Mera Rakshak and also impressed audiences the same year with Darwaza. Some of his other notable films include Yehi Hai Zindagi, Woh Main Nahin, and Do Raha. Beyond Bollywood, Pandey made a significant mark in Bhojpuri cinema with films like Balam Pardesiya and Bhaiya Dooj, showcasing his versatility. His contributions extended to television, where he played Dadaji in the popular series Chotti Bahu and also appeared in Dehleez. With a career that left an indelible impact on Indian cinema and television, Rakesh Pandey will be remembered for his remarkable performances and dedication to the craft.

Air India Saturday announced that the airline has resumed operations from London's Heathrow Airport after the disruption following Friday's power outage. “Our operations to and from London Heathrow (LHR) have recommenced after the disruption at the airport yesterday due to a power outage. Today’s flight AI111 was on schedule and other flights, to and from London, are expected to operate as per schedule. Flight AI161 of 21 March, which was diverted to Frankfurt, is expected to leave Frankfurt at 14:05 pm local time,” Air India said in a statement. On Friday, Air India said its operations to and from the London Heathrow airport were disrupted, with one flight returning to Mumbai, another diverting to Frankfurt and other flights remaining cancelled due to a temporary suspension of operations at the airport.