City Mumbai Financial News
31.08 / 07:23
Digital
electronic
ITR verification last day 2023: What happens if you miss the income tax return verification deadline
ITR) filing is the most crucial one. After the filing is done, the next step is ITR verification. While the last day to file ITR without penalty ended on July 31, taxpayers have a one-month window to verify their forms from the date of filing it.
31.08 / 05:53
UPS
Citi
Lowe's
Silver
Gold and silver prices for today—August 31. Check latest rates in your city
₹59,490 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 59,520, and a low of ₹59,420 in the domestic market. Around 10 a.m., MCX Gold for October 5 delivery traded 0.05 per cent lower at ₹59447 per 10 grams. Gold price on Thursday, August 31 stood at ₹54850 per 10 grams for 22 carats, and ₹59820 per 10 grams for 24-carat in the spot market.
31.08 / 05:53
Citi
Provident
Aware
Platform
Strategy
performer
country
Indian
Exploring the Lucrative Prospects of Real Estate Crowdfunding for Indian Investors
Mumbai (Maharashtra) [India], August 29: As the investment landscape continues to evolve, Indian investors are seeking new avenues to diversify their portfolios and capitalize on emerging opportunities. In this pursuit, real estate crowdfunding has emerged as a dynamic and potentially lucrative investment avenue.
31.08 / 05:33
UPS
"2 more regional parties to join INDIA": Sena (UBT) MP ahead of third Oppn meet today
Opposition alliance — INDIA — in Mumbai, Shiv Sena (Uddhav Balasaheb Thackeray) MP Anil Desai on Thursday said two more Maharashtra-based regional parties will join the bloc. Speaking to ANI, Anil Desai said, «Two more regional parties in Maharashtra will join INDIA, taking the total number of parties in the alliance from 26 to 28.» Congress MP Nasir Hussain, too, claimed that 7 big and small parties were in touch with them. «7 more big and small parties are in touch with us and we are considering bringing them on board.
31.08 / 04:15
UPS
Merit
Racing
country
Mumbai
'Decision on seat sharing will be taken as per…': Congress leader ahead of INDIA bloc meet in Mumbai
Alliance (INDIA) will be done as per the merit of the parties in different states. Further adding, he said that the discussion on this will be held in upcoming meetings. While speaking to news agency ANI, Nana Patole said, "Our main goal is to end this dictatorship.
31.08 / 04:03
Fundamental Radar: IndusInd Bank set to grow faster than industry; Sharekhan explains why
MUMBAI — While the banking sector as a whole has seen strong growth in earnings and a sharp improvement in the balance sheet over the last two years, there are a few outliers, and IndusInd Bank is one of them.The private sector lender’s earnings have grown well on its guided path, and experts believe that the near-term business growth outlook remains comfortable.The bank’s loan growth is higher than the industry’s average and has been
31.08 / 03:25
UPS
country
Third INDIA meeting to kick off today; seat-sharing on agenda, logo likely to be unveiled
Lok Sabha elections, the 26-member Opposition bloc — INDIA — will on Thursday hold its third meeting in Mumbai, picking up from where they left off in their last huddle at Bengaluru and carrying forward the process of laying a broader roadmap against the BJP-led National Democratic Alliance (NDA) at the Centre. While the discussion among the partner leaders in the bloc would centre on the battle plan for the next general elections and a seat-sharing formula, the Indian National Developmental Inclusive Alliance (INDIA) is also likely to unveil its logo during the two-day meeting starting Thursday. The INDIA leaders would go into an informal huddle on Thursday and the same would be followed by a formal meeting on September 1. While the inaugural meeting of the Opposition bloc was convened by Bihar Chief Minister Nitish Kumar, the third meeting is being organised by the Maha Vikas Aghadi (MVA), the Opposition alliance in Maharashtra comprising the Congress, Shiv Sena (UBT) and the Nationalist Congress Party (NCP) faction led by Sharad Pawar. Ahead of the mega huddle, Congress leader and former Maharashtra chief minister, Ashok Chavan, on Wednesday said the Opposition parties came together to save democracy in the country. Speaking to media persons on Wednesday, Sena (UBT) leader Sanjay Raut said all preparations have been made to host the third INDIA meeting. «Six sitting chief ministers would attend the third INDIA meeting. All preparations have been made to host our partner leaders,» Raut said on Wednesday. Significantly, this would mark the first meeting of the Opposition alliance in a state where none of the INDIA partners are in power.
31.08 / 02:47
UPS
Provident
Entertainment
Enterprise
Sony
IBC
NCLAT to hear IDBI's plea for insolvency proceedings against ZEE Entertainment today
IDBI bank's plea against Zee Entertainment related to insolvency proceedings on Thursday. "Learned Counsel for Appellant prays for and is allowed a week’s time to file the Additional Affidavit," said the NCLAT bench, comprising Chairperson Justice Ashok Bhushan and Member Barun Mitra, reported PTI. In its plea, the IDBI bank had challenged the orders of the Mumbai bench of the NCLT, which rejected the private lender's plea to begin the insolvency proceedings against Zee Entertainment Enterprises Ltd.
31.08 / 01:57
UPS
Merit
Strategy
Mumbai
INDIA bloc Mumbai meet LIVE: 3rd Opposition meet today; new logo to be unveiled, seat sharing to be discussed
INDIA bloc Mumbai meet LIVE: The opposition INDIA alliance will hold their third strategy meetings today on August 31 and September 1 in Mumbai. Apart from the INDIA bloc, the meeting of the NDA is also to be held in Mumbai today.
31.08 / 00:15
Racing
Strategy
Remark
RAI
country
Arvind Kejriwal for PM? AAP leaders pitch Delhi CM as INDIA candidate ahead of Opposition meet
With mere hours left for an Opposition meeting in Mumbai Delhi Chief Minister Arvind Kejriwal has emerged as a contender for Prime Minister in 2024. Members of the Aam Aadmi Party called for a nomination on Wednesday, prompting a war of words. Others sought to quell the debate, insisting that a decision would be taken collectively by the INDIA alliance.
30.08 / 19:11
UPS
Citi
FIVE
CEO
Parke
Backed
SRK-backed KidZania lines up $50 m for theme parks in key cities
theme parks KidZania, is planning to spend $50 million over the next 5-10 years to launch five new theme parks in cities like Bengaluru, Ahmedabad, Pune, Hyderabad, and Chennai, a top company official said. The company currently operates two KidZania branded theme parks in Mumbai and Delhi spread across 70,000 sq ft and 95,000 sq ft, respectively. The two centres used to draw an annual footfall of 400,000 persons prior to the pandemic, which has dropped to 300,000 post the pandemic. «We are expecting about $50 million of investment to launch the five new centres,» said Paras Chandaria, founder and promoter, KidZania India, adding that the company is open to working with strategic partners to realise its ambitious expansion plans in the country.Chandaria's Kidz Inc Pte owns a 74% stake in Imagination Edutainment while Khan holds the remaining 26%.
30.08 / 19:11
MET
FIVE
Cooper
RBI urges urban cooperative banks to strengthen governance
RBI) has called on the directors of urban cooperative banks (UCBs) to enhance their governance practices, focusing on risk management, compliance and internal audit. “The governor stressed that the quality of governance was the most important aspect in ensuring stability of individual banks and urged UCB directors to further strengthen governance practices," RBI said in a press note on Wednesday.
30.08 / 18:49
DAL
Mumbai
Pawar says 'seat-sharing talks possible' during Mumbai meet
Congress Party chief Sharad Pawar on Wednesday said that INDIA partners will nominate a few people from the group to discuss seat sharing in states to take on BJP. He also said that while parties within INDIA have different ideologies, a common minimum programme will be devised for the bloc. «Seat-sharing talks have not yet begun.
30.08 / 18:27
UPS
Provident
Celebrity
country
‘Khela Hoga’: Mamata Banerjee heralds INDIA bloc meeting, ties rakhi to Uddhav Thackeray
Hoga hoga, khela hoga.". The Trinamool Congress posted the pictures of the two leaders celebrating Raksha Bandhan on X. “Today, Hon'ble Chief Minister Smt @MamataOfficial celebrated Rakhi with Uddhav Thackeray ji and his family at his residence in Mumbai.
30.08 / 18:27
UPS
MET
Actor
Celebrity
country
'BJP should tie Rakhi to Bilkis Bano, women of Manipur': Uddhav Thackeray lashes out at NDA ahead of INDIA meet
INDIA bloc will be held at Hotel Grand Hyatt, in Mumbai. Trinamool Congress supremo and West Bengal Chief Minister Mamata Banerjee arrived at Mumbai on Wednesday and met veteran Bollywood actor Amitabh Bachchan at his residence to celebrate Raksha Bandhan. At the event, CM Mamata Banerjee also met Samajwadi Party (SP) Rajya Sabha MP Jaya Bachchan.
30.08 / 18:27
UPS
Provident
FIVE
Cooper
performer
country
Shaktikanta Das asks urban co-operative banks to strengthen governance
economic development by providing last mile connectivity, Reserve Bank Governor Shaktikanta Das Wednesday urged the directors of UCBs to further strengthen their governance practices, especially the three supporting pillars of compliance, risk management and internal audit. “The quality of governance was the most important aspect in ensuring stability of individual banks and the directors of UCBs are urged to further strengthen governance practices," the RBI governor said at a conference of directors on the boards of Tier 3 and 4 UCBs in Mumbai Zone.
30.08 / 18:27
Citi
Provident
Aware
COMPOSITE
Metro
Ozon
country
Warning
Air quality early warning for 92 more polluted cities in 2 yrs
New Delhi: The India Meteorological Department (IMD) is planning to provide air quality early warning through the System of Air Quality Weather Forecasting and Research (SAFAR) to 92 more polluted cities in the next two years. SAFAR, developed by Indian Institute of Tropical Meteorological (IITM) Pune and was operationalized by IMD in 2010 during Commonwealth Games, is India’s first metro air quality service. It currently issues 1-3 days advance forecast in 40 cities including Delhi, Pune, Mumbai and Ahmedabad of a total of 132 ‘air contaminated’ cities.
30.08 / 18:27
UPS
Provident
DAL
Mumbai
Ahead of Opposition alliance’s Mumbai meet, Congress says number of political parties under INDIA bloc rising
Alliance (INDIA) on August 31 and September 1 at Grand Hyatt Hotel in Mumbai. “You will know that in the next two days, the number of parties, the level of confidence, and morale (of the opposition alliance) is going up. At the same time, there is fear in the Narendra Modi-led camp," Khera said.
30.08 / 16:33
Provident
Remark
country
Lost
'Sharad Pawar lost two opportunities to become PM...': Cyrus Poonawala urges NCP chief to 'retire'
PTI. Speaking on the sidelines of an event of Meet and Greet with the Team Of Miss World 2023, Poonawalla said that Pawar had two opportunities to become Prime Minister, however, he lost it and now it is time for him to take retirement and rest. ALSO READ: 'Ajit Pawar not our leader,' Sharad Pawar takes U-turn after 'no conflict, no split in party' remark Answering a question regarding Pawar's political party in a press conference, Poonawala said, "My advice to Sharad Pawar...He had two opportunities to become Prime Minister but he lost it.
30.08 / 15:09
FIVE
Cooper
performer
Good governance important to ensure stability of urban cooperative banks: RBI governor
Reserve Bank of India urged the directors of Urban Co-operative banks to further strengthen governance practices emphasizing the importance of a professional Board of Management as the quality of governance was the most important aspect in ensuring stability of individual banks. The Reserve Bank stressed the need to strengthen the three pillars supporting pillars of compliance, risk management, and internal audit. The quality of governance was the most important aspect in ensuring stability of individual banks said RBI governor Shaktikanta Das ,addressing a conference of directors on the Boards of Tier 3 and 4 Urban Cooperative Banks (UCBs) in Mumbai Zone on the theme ‘Governance in Banks — Driving Sustainable Growth and Stability’. He noted that while the financial performance of the UCB sector improved at an aggregate level in recent times, concerns and vulnerabilities are seen for certain individual entities.
30.08 / 13:47
UPS
Provident
FIVE
show
country
Explainer
Mint Explainer: Why the government cut LPG prices by ₹200
₹200 on domestic liquified petroleum gas (LPG) cylinders or cooking gas. The move comes in the backdrop of high inflation and also at a time when the government is gearing up for assembly elections in five states as well as general elections next year. Here's a look at the factors behind the decision and its likely impact.
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