Mumbai Financial News

Mumbai Trans Harbour Sea Link: All you need to know The engineering marvel will take off at Sewri in south Mumbai, crossing over Thane Creek and terminating at Chirle in the distant outskirts of Navi Mumbai. It has been in the making since 2018. Originally expected to be completed in 4.5 years, the infrastructure project was delayed by eight months due to Covid-19 pandemic.

Check all the latest updates on the celebrations of Happy New Year 2024 here!2024 is almost here! With new resolutions and goals, people across the world are set to ring in a prosperous New Year on January 1. The New Year festivities definitely calls for a grand celebration, catching up with your loved ones and levelling up your aspirations.

Prime Minister Narendra Modi on Saturday flagged off the Jalna-Mumbai Vande Bharat Express connecting the Marathwada city of Jalna with Maharashtra's capital. The train, flagged off by Modi virtually during a function in Ayodhya, started its inaugural run from Jalna, around 400 km from Mumbai, at 12.12 pm, and reached the Chhatrapati Shivaji Maharaj Terminus (CSTM) here at 6.55 pm. It was among the six Vande Bharat Express trains flagged off by Modi.

COVID-19 were recorded in the Greater Mumbai Area on Saturday, the health department said. This brings the total number of positive patients to 208, as per the Brihanmumbai Municipal Corporation, Public Health Department. Of the new cases, three were hospitalised today (Saturday), increasing the total number of hospitalised patients to 22. Currently, 14 out of 4,215 available beds are occupied, the Public Health Department said.

record-setting spree to surpass all the benchmarks and scaling a new all-time high in 2023 with its best annual performance ever despite higher interest rates and rising property prices. The country’s commercial capital has achieved a new peak in terms of both, registration of properties as well as state exchequer’s revenue collection through stamp duty charges. The maximum city has recorded total registrations of over 1.27 lakh real estate properties in 2023, making it the best year for property sales across primary and secondary market, exceeding last year’s peak by 4%. Total revenue collected through stamp duty rose 22% in 2023 to over Rs 10,850 crores, showed data from the inspector general of registration, Maharashtra. “The year 2023 witnessed a remarkable upswing for Mumbai’s real estate market as the city achieved its highest property registrations, driven by rising income levels, better affordability, and a positive homeownership outlook.

NewsClick case: A team of Delhi Police has gone to Mumbai to question activist Gautam Navlakha in connection with probe into NewsClick's alleged foreign fundings and anti-India activities, an official said on Saturday. Navlakha will be questioned at his house in Navi Mumbai's Agroli, an official said, adding that the team is led by an assistant commissioner of police (ACP)-level officer.

Registration of properties in Mumbai municipal area is likely to rise by 33 pc annually to around 12,500 units during this month on better demand, according to Knight Frank. As many as 9,367 properties were registered in Mumbai city (area under BMC jurisdiction) during the same month last year. Real estate consultant Knight Frank India has compiled the data of registration of properties from Department of Registrations and Stamps, Maharashtra government. As per the latest data of December, 12,134 units were registered till 12 noon and the number is set to reach around 12,500 units by late evening. «Homebuyers in Mumbai continue to demonstrate confidence in the property market, buoyed by stable demand and an enhanced positive sentiment. This optimism has resulted in a significant surge in property registrations in Mumbai,» the consultant said in a statement on Saturday. Of the overall registered properties, residential units constitute 80 per cent. Mumbai city is estimated to see registrations of more than 1,27,000 units this year and will lead to revenue collection of more than Rs 10,000 crore. Mumbai city is set to record the highest registration of properties in 11 years.

Mumbai, within the BMC jurisdiction, witnessed a notable surge in real estate activity with a total of 127,139 property registrations recorded from January to December in 2023. According to an official release by Knight Frank India, this marked the successful year for property sales (both primary and secondary) in the region since 2013, surpassing the previous year's peak by 4%.

ANI. As per another traffic advisory that was also issued on Friday certain traffic regulations would be implemented from 6 pm of December 31 until 6 am of January 1. The advisory mentions that specific routes will remain closed for traffic include NS Road North Bound, Adam Street, P Ramchandani Marg, KS Dhariya Chowk, Madamcama Road, Barrister Rajni Patel Marg and Vinay K Shah Marg.

Prime Minister Narendra Modi is scheduled to virtuallyinaugurate the first journey of the Jalna-Mumbai Vande Bharat Express on Saturday, as notified by the Central Railway. In a statement released on Friday, the CR mentioned that the PM will conduct the virtual flagging off of the 8-coach service during an event at the refurbished Ayodhya Dham railway station in Uttar Pradesh, PTI reported.

real estate transaction. The Bollywood actor rented out four commercial units in Mumbai's Oshiwara district. These units, spanning approximately 10,000 square feet, have been leased to Warner Music India Limited for a five-year tenure, reported The Economic Times and Moneycontrol.

avoid traffic snarls and congestion on the festive occasion. The regulatory and prohibitory orders covers areas and roads near Juhu Beach that mentions road closures and diversions. The orders will come into effect from 2 pm on December 31 until 8 am on January 1.

Mumbai Trans Harbour Link (MTHL) is set to achieve a significant milestone with its likely inauguration by Prime Minister Narendra Modi on January 12. Stretching over nearly 22km, including an impressive 16.5km expanse across the sea, the MTHL will stand as the country's longest sea bridge and the world's 12th longest.

Naresh Goyal being sent in judicial custody in a loan fraud case, two accused in the 2018 Elgar Parishad-Maoists links case getting bail, and actor Sooraj Pancholi's acquittal in the Jiah Khan suicide case were among the highlights of the court news from Mumbai in 2023. On January 2, the Bombay High Court refused to discharge Lt Col Prasad Purohit in the September 2008 Malegaon blast case, noting that he was not performing his official duty — as he claimed in his defence — when he allegedly attended the blast conspiracy meetings. The recording of evidence in the case was completed before a special NIA court later in the year.

Delhi: In the capital city, the Delhi Traffic Police has deployed 2,500 personnel to manage traffic, with a particular focus on key areas such as Connaught Place, Lajpat Nagar, Hauz Khas, and South Extension markets. An additional 250 teams will be dedicated to checking instances of drunken driving on New Year's Eve.

Maratha quota activist Manoj Jarange on Thursday said he and his supporters would reach Mumbai after passing through Ahmednagar, Pune and Panvel in Raigad district near the metropolis. Jarange, who undertook indefinite fasts in August-September and October-November, had set a deadline of December 24 for the Maharashtra government to give quota to the community. Later, he said he would lead an «indefinite hunger strike at Azad Maidan» in south Mumbai.

Hafiz Saeed, the founder of Lashkar-e-Taiba (LeT) and mastermind of 26/11 Mumbai terror attacks. India placed the extradition request to neighboring country Pakistan. Hafiz Saaed has been in Pakistan jail since 2019 after being convicted for several years in multiple terror finance cases along with some other leaders of the banned Jamaat-ud-Dawa (JuD).

Affordability Index: For many aspiring homeowners in India's bustling metropolises, the dream of owning four walls of their own has long felt like a distant mirage shimmering in the heat. But a recent report from Knight Frank India painted a surprisingly optimistic picture, suggesting that the dream is finally within reach for many.

Palm Court, The Gaurs Sarovar Premiere, Greater Noida 4. BFF New Year's Eve with Kanika Kapoor, Mankirt Aulakh and Akhil Sachdeva and more, Leisure Valley Ground, Gurugram 5. A Night of Sufi Music by Traditional Nizami Brothers followed by DJ Asad, Home Delhi, Vasant Kunj 6.

fire was reported at the Acme Shopping Centre at around 6:50 PM. The personnel of the fire department rescued at least 11 persons from the shopping centre while the eye-witnesses claim that more than 10 individuals are still stuck on the upper floor of the building. The administration informed that all those rescued are safe and the fire department is dousing the fire.

Bharat Jodo Yatra, which started in Kanyakumari on September 7 2022 was led by Congress leader Rahul Gandhi, concluded on January 30 2023 in Srinagar after covering 3,970 km, 12 states, and two Union territories and having lasted more than 130 days. In the first leg of the yatra, Gandhi had walked almost 4,000 km from Kanyakumari to Kashmir.