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The Latest Breaking News from Mumbai

Criminal breach of trust case registered against ex-Yes Bank CEO Rana Kapoor, others

Mumbai Police have filed a case against former Yes Bank MD Rana Kapoor and others. The FIR alleges illegal transfer of mortgaged property worth Rs 1,000 crore. A loan was transferred without it being classified as a Non-Performing Asset. Properties were allegedly sold below market value. Investigations are ongoing.

The Economic Times

Petrol price hiked up to Rs 108, CNG in Delhi at Rs 79: How much extra you now need to pay for your car; Petrol Vs CNG comparisons for Delhi, Mumbai, Kolkata, Chennai

Recent petrol price hikes across metropolitan cities and increased CNG costs in Delhi and Mumbai are impacting car owners. For those commuting 1,000 km monthly, the additional fuel expenses can range from a few hundred to a few thousand rupees. Despite the price adjustments, CNG cars continue to offer significant…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (May 15, 2026) on Malabar Gold & Diamonds, Joyalukkas, Tanishq, Kalyan Jewellers and IBJA

Gold prices saw a dip on Friday, May 15, 2026. Rates fell across leading jewellery brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas. The India Bullion and Jewellers Association also reported lower gold and silver prices compared to the previous day. This decline follows a sharp rise…

The Economic Times

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IPL 2026: Shardul Thakur reacts to Hardik Pandya’s absence from MI’s recent games

Mumbai Indians' all-rounder Shardul Thakur addressed fan concerns regarding skipper Hardik Pandya, confirming that his absence is solely due to injury. Thakur hinted at a possible return for Pandya in the upcoming match against Kolkata Knight Riders and reassured fans, quashing rumors about the skipper's future with the team.

The Economic Times

Petrol, diesel prices hiked: What are the fuel rates in Pakistan, Nepal & Bangladesh? Check latest price comparision

Petrol, diesel prices in India vs neighbour countries: After petrol and diesel prices were increased by Rs 3 per litre in India, fuel costs have once again become a talking point for daily commuters. But how expensive is fuel in India compared to neighbouring countries like Pakistan, Sri Lanka, Nepal,…

The Economic Times

CNG Price Hike: Natural gas gets costlier by Rs 2 per kg after petrol, diesel rate shock

CNG Price Increase News: Price of CNG has been increased by Rs 2 per kilogram in Mumbai, now costing Rs 84/kg. This follows a Rs 3/litre hike in petrol and diesel prices by Oil Marketing Companies to offset losses from rising global oil rates, which have surged over $120 per…

The Economic Times

Diesel Price Today (May 15): Check new diesel prices in Delhi, Mumbai, Kolkata, Chennai and Bangalore after centre hikes fuel rates

Diesel Price Today (May 15): Fuel prices have seen an immediate Rs 3 per litre hike for petrol and diesel nationwide. Diesel rates in major cities like Delhi, Kolkata, and Mumbai have risen significantly. This comes as oil companies absorb substantial daily losses due to soaring global crude oil prices,…

The Economic Times

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Simca Advertising shares list at 15% discount to IPO price on NSE SME platform

Simca Advertising shares debuted on the NSE SME platform at a discount. The stock opened lower than the IPO price, surprising market watchers. The company's Rs 58 crore IPO saw strong subscription demand. Simca Advertising operates in the out-of-home advertising sector. It plans to use IPO funds for expansion and…

The Economic Times

Petrol Price Today (May 15): Check petrol price in Delhi, Mumbai, Kolkata, Hyderabad, Chennai after fuel rates hiked

Perol price today: Fuel prices surged nationwide on Friday, with petrol and diesel rates increasing by up to Rs 3 per litre. This hike, driven by global crude oil price fluctuations and supply disruptions in West Asia, pushes petrol prices over Rs 100 in several cities. State-run oil companies face…

The Economic Times

Aussie death-over misery as Ponting's Kings lose again

The Ricky Ponting-moulded Punjab Kings started as the hottest team in the IPL - but a fifth-straight defeat leaves them struggling to seal a play-off place.

AAP

Maharashtra signs MoU worth Rs 1.14 lakh crore with AM Intelligence Labs; can create 8,000 jobs

Maharashtra has inked a significant deal with AM Intelligence Labs for a massive Rs 1.14 lakh crore green data centre and AI hub near Mumbai. This renewable energy-powered project, set to create 8,000 high-tech jobs, will feature 500 MW capacity and 2.5 lakh AI chipsets. Phased development aims for completion…

The Economic Times

DLF to sell housing properties worth Rs 20K cr in FY27 on strong launch pipeline: MD Ashok Tyagi

DLF Ltd is stepping up its game with a forecast of Rs 20,000 crore in sales bookings for the fiscal year 2026-27. Fueling this aspiration is a dynamic portfolio of new residential developments planned across hotspots such as Gurugram, Mumbai, and Goa.

The Economic Times

Adani Airport Holdings signs deal with IHG Hotels & Resorts for 5 properties

Adani Airport Holdings is partnering with IHG Hotels & Resorts to build five new hotels. These hotels will be located in important cities. This collaboration will add nearly 1,500 hotel rooms. It also marks the debut of IHG's luxury brand, Kimpton, in India.

The Economic Times

Viral ₹25K Mumbai Budget Video Sparks Debate on Cost of Living in the City

A simple budget breakdown shared on social media has once again brought the cost of living in Mumbai into public discussion. The viral Instagram video, created by content creator Ayushi, shows how she manages her monthly expenses within a fixed ₹25,000 budget. While the post was intended as a personal…

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The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (May 14, 2026) on IBJA, Malabar Gold & Diamonds, Joyalukkas, Tanishq and Kalyan Jewellers

Gold prices saw a slight increase on May 14, 2026, with major brands like Tanishq and Malabar Gold & Diamonds reporting higher rates. Silver also climbed to a two-month high, driven by industrial demand. Analysts suggest gold remains range-bound, while silver targets further gains amid geopolitical and economic factors.

The Economic Times

ET Alpha Wealth Summit: Market titans decode AI, wealth creation & India’s next investment cycle

As markets grow volatile, the Economic Times' Alpha Wealth Summit in Mumbai will gather experts to discuss future wealth creation. Sessions will cover finding alpha, building a Rs 100 crore portfolio in a lower-return environment, and navigating India's next decade amidst AI's rise.

The Economic Times

‘Rs 25,000 is enough in Mumbai’: Woman shares how she survives in India’s most expensive city. Watch video

A Mumbai-based content creator's budget breakdown video, detailing how she lives on ₹25,000 monthly, has gone viral. Ayushi shared her spending on rent, electricity, commuting, and food, emphasizing home-cooked meals. The video resonated with viewers, offering a realistic perspective on managing expenses in the city.

The Economic Times

Grade A malls near full occupancy in NCR; Mumbai rentals jump 20% YoY: ANAROCK

India's top malls are experiencing record low vacancies and robust rental growth, especially in Delhi-NCR and Mumbai, driven by strong consumer demand and retailer expansion. This "flight-to-quality" trend favors premium assets. Developers are planning significant new supply, anticipating sustained growth and a substantial investment opportunity in the retail real estate…

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The Economic Times

Petrol, Diesel Price Today: Check fuel rates in Delhi, Mumbai, Kolkata as sugar exports halted, milk gets costlier and gold import duty doubled

Petrol, Diesel Price (May 14): Petrol and diesel prices remain stable in India despite rising global crude oil costs and West Asian conflict. Oil marketing companies are absorbing significant daily losses, while the government has banned sugar exports to control domestic prices. Milk has also become costlier, and gold import…

The Economic Times

Gave up tenancy, got new flat in redeveloped property, then faced income tax notice of STCG of Rs 1.1 crore: How tenant won at ITAT Mumbai

A Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Income Tax Appellate Tribunal ruled in his favour. The tribunal stated that the surrender of tenancy rights, the taxable event, had not occurred in the year under…

The Economic Times

Gave up tenancy, got new flat redeveloped property, then faced income tax notice of STCG of Rs 1.1 crore: How tenant won at ITAT Mumbai

The Economic Times

Gold discounts in India hit record at $200/ounce as duty hike sparks selling

India's gold discounts hit a record over $200 an ounce Wednesday. This followed a sharp import duty increase to 15%. Higher local prices prompted investors to sell gold, even at steep discounts. Retail buyers and jewelers remained absent. This situation is expected to increase gold smuggling. The duty hike aims…

The Economic Times

Mumbai’s eastern corridor gains traction as firms expand beyond BKC

Mumbai's commercial landscape is shifting from traditional hubs like BKC and Nariman Point to emerging micro-markets such as Chembur, driven by escalating costs. The Epicentre, a Grade-A development in Chembur, offers businesses a strategic, cost-effective alternative with enhanced connectivity and future-ready workspaces, positioning it for Mumbai's next growth phase.

The Economic Times

NEET paper leak: CBI gets 2-day transit remand of accused Shubham Khairnar held in Nashik

A court in Mumbai has sent an accused, Shubham Khairnar, arrested in Nashik for the alleged NEET paper leak, to a two-day transit remand for the CBI. The central agency took Khairnar into custody late Tuesday night. He was produced before a magistrate's court where the CBI sought his transit…

The Economic Times

Gaurav Kapoor Ventures gets exclusive mandate for The Ruby

Gaurav Kapoor Ventures has secured an exclusive mandate to manage sales for The Ruby, a 1 million sq.ft. LEED certified, Grade-A commercial tower in central Mumbai. This consolidated approach aims to provide a unified market position and curated buyer engagement for the prominent development, offering sea views and the Bandra-Worli…

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