Category: MUMBAI

IndusInd Bank announced on Tuesday that its Managing Director and CEO Sumant Kathpalia has resigned from his post in connections with the derivatives accounting lapse that has eroded the private sector bank's net worth.

Maharashtra Chief Minister Devendra Fadnavis strongly condemned the cowardly terrorist attack in Pahalgam. He said that his government is in touch with the Jammu and Kashmir administration to get updates about tourists from the state injured in the attack.

Addressing the 24th FIMMDA-PDAI annual conference in Bali this weekend, Malhotra said the levels of transparency in Indian markets are at par with the best in the world.

The action by the Enforcement Directorate (ED) in the National Herald case is aimed at protecting the nation’s assets from being “taken over by the Gandhi family for personal use”, Union Minister of Commerce and Industry, Piyush Goyal, said on Saturday.

India's foreign exchange reserves surged by $10.8 billion to $676.3 billion during the week ended April 4, according to data released by the Reserve Bank of India on Friday.

On the day Tahawwur Rana, one of the co-conspirators in the Mumbai terror attacks was brought to India, Eknath Omble, the brother of Ashok Chakra awardee and 26/11 martyr Tukaram Omble, urged the central government to hang the terrorist and send a strong message to Pakistan.

RBI Governor Sanjay Malhotra on Wednesday announced a 25 basis cut in the policy rate from 6.25 per cent to 6 per cent and change in monetary policy stance from neutral to accommodative to accelerate economic growth.

Foreign investors have injected nearly Rs 31,000 crore into Indian equity markets in the last six trading sessions of March, according to the latest depository data.

In fresh trouble for controversial comedian Kunal Kamra, three additional FIRs filed against him in different cities have been merged with the one registered in Mumbai’s Khar police station over his alleged jibe at Maharashtra Deputy Chief Minister Eknath Shinde.

The NCP legislator from Pimpri Assembly constituency, Anna Bansode, on Wednesday was elected unopposed as the Deputy Speaker of the Maharashtra Legislative Assembly as the Opposition had not fielded its nominee.

Reserve Bank Governor Sanjay Malhotra on Wednesday said that considering the evolving landscape of money laundering, regulators will need to continuously augment artificial intelligence (AI) and Machine Learning (ML) risk assessment framework to make appropriate system enhancements.

An FIR has been filed against Shiv Sena(UBT) leader Aaditya Thackeray, Rhea Chakraborty, Dino Morea, Suraj Pancholi and others in Disha Salian's death case, her father's advocate said on Tuesday.

Maharashtra Chief Minister Devendra Fadnavis on Tuesday stated in the Assembly that the government will not spare those who indulged in rioting and attacked the police in Nagpur.

Amid the chorus for the demolition of Mughal Emperor Aurangzeb’s grave situated in Sambhajinagar, Maharashtra Chief Minister Devendra Fadnavis on Monday said that it was unfortunate that the state government has to protect it.

Vice President Jagdeep Dhankhar on Saturday said India at the moment is in an economic upsurge with phenomenal infrastructural growth, deep digitisation, and technological penetration because people of the country have tasted the fruits of development in the last decade.

The Maharashtra government on Tuesday announced three per cent increase in dearness allowance (DA) of about 14 lakh employees. The revised DA along with the arrears of eight months will be paid along with the February salary.

High frequency indicators point towards a sequential pick-up in momentum of India's economic activity during the second half of 2024-25, which is likely to sustain moving forward, according to the latest RBI monthly bulletin.

India is doing well in protecting small investors while corporate governance has improved significantly amid rapid technological changes, National Stock Exchange (NSE) MD and CEO, Ashishkumar Chauhan, said on Tuesday.

The government received more than 60,000 inputs from the citizens towards the making of the new Income Tax Bill, 2025, Union Finance Minister Nirmala Sitharaman said on Monday.

The Centre on Monday launched the 'Mutual Credit Guarantee Scheme for MSMEs', which was announced in the Union Budget 2024-25 to boost the micro, small, and medium enterprises.

Nita Mukesh Ambani Cultural Centre opened the doors to its sixth landmark visual art exhibit ‘Light into Space’ at the Art House with an exclusive preview night attended by a melee of cultural enthusiasts.

The Board of Control for Cricket in India (BCCI) honoured exceptional achievements in Indian cricket at the prestigious Naman Awards here on Saturday. A historic moment of the evening was the presentation of the coveted Col. C.K. Nayudu Lifetime Achievement Award to Bharat Ratna Sachin Tendulkar,

Actress Mamta Kulkarni, who ruled the 90s, has been expelled from the Kinnar Akhada. The designation of Mahamandaleshwar, which was given to the actress, has been revoked. The reason behind the same has been revealed to the actress’ past link to cinema, and her alleged criminal past.

The Maharashtra government and Reliance Industries on Wednesday at the slide lines of the World Economic Forum summit at Davos signed a MoU with an investment of Rs 3,05,000 crore with over 3,00,000 employment opportunities across diverse sectors, including new energy, retail, hospitality, and high-tech manufacturing.

Bollywood actor Saif Ali Khan, who was discharged from the hospital on Tuesday after he underwent the medical procedures, and made a recovery, was seen arriving at his house in the Bandra area of Mumbai.