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The Latest Breaking News from Mumbai

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

Gold prices experienced a slight dip across major jewellery brands on Friday, May 22, 2026. The IBJA also reported a marginal fall in gold prices for various purities. However, the IBJA noted an increase in the price of 999 purity silver.

The Economic Times

Mumbai Metro services hit by technical snag, commuters face delays

Mumbai Metro Line 3 (Aqua Line) services were disrupted on Friday morning after a technical snag halted operations during peak commuting hours, causing delays and overcrowding at stations. The Mumbai Metro Rail Corporation Limited (MMRCL) said the issue was promptly rectified and normal services resumed. The incident marks the second…

The Economic Times

Man pays zero tax on Rs 5 crore land sales despite filing ITR after deadline; ITAT Mumbai rules in his favour for this reason

A Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled in his favor, stating that since he used the entire capital gains to purchase a new property before filing his belated return, depositing the funds…

The Economic Times

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Hexaware to buy UK consulting company CPS in Rs 140 crore deal

The Mumbai-headquartered company said the acquisition, to be carried out through its wholly owned subsidiary Hexaware Technologies UK Ltd, is expected to close within two weeks. The deal includes an upfront payment of £6 million, while another £5 million is linked to financial performance targets.

The Economic Times

Mumbai anti-encroachment drive: Western Railway clears Rs 600 crore land, violence erupts in Bandra

Western Railway is conducting a massive anti-encroachment drive in Garib Nagar, Mumbai. Hundreds of structures are being demolished to reclaim valuable railway land. This operation aims to facilitate crucial infrastructure expansion near Bandra station. The drive has faced some resistance and violence. Authorities are proceeding with the demolition under heavy…

The Economic Times

Forget stocks, you can now profit from Mumbai rains! Here's how NCDEX's unique weather futures work

NCDEX has launched India’s first exchange-traded weather derivative contract, RAINMUMBAI, allowing traders and businesses to hedge against rainfall variability during the monsoon season. The contract is linked to Mumbai rainfall deviation data from IMD and aims to help weather-sensitive sectors manage financial risks arising from excess or deficient rainfall.

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (May 21, 2026) on IBJA, Malabar Gold & Diamonds, Joyalukkas, Tanishq and Kalyan Jewellers

Gold prices saw an uptick on May 21, 2026, influenced by US-Iran tensions, inflation concerns, and increased rate-hike expectations. Major jewelry brands reported higher rates for 24k, 22k, 20k, 18k, and 14k gold.

The Economic Times

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Cyprus pitches itself as base for Indian firms expanding in Europe, announces Mumbai trade hub

On September 1, 2026, Cyprus will establish a trade office in Mumbai, aiming to open new pathways for Indian entrepreneurs into European markets. This strategic move positions Cyprus as a robust launchpad for enterprises eyeing the EU, Eastern Mediterranean, Gulf, and North Africa. The focus lies in vibrant sectors such…

The Economic Times

LPG cylinder prices today: How much does domestic and commercial gas cost in Delhi, Mumbai, Bengaluru, Kolkata on May 21?

LPG gas cylinder prices today: Domestic LPG cylinder prices remain stable across major Indian cities, offering relief to households despite global energy cost concerns. However, commercial LPG rates have surged significantly, impacting food businesses. This stability in domestic prices is seen as a measure to shield consumers from inflation, even…

The Economic Times

Green's best IPL bowling of season fires Kolkata charge

Australian allrounder Cameron Green is increasingly making important contributions for resurgent Kolkata, who are still in the fight for an IPL play-off place.

AAP

Anti-encroachment drive in Mumbai's Bandra slum turns violent; locals hurl stones, police lathi-charge

A demolition drive in Mumbai's Bandra slum turned violent. Authorities razed an illegal religious structure. Local residents protested, leading to clashes with police. Stone-pelting occurred, injuring a police constable. Several people were detained. The operation aims to clear encroached railway land near Bandra railway station.

The Economic Times

NCDEX launches India’s first weather derivatives contract based on Mumbai rainfall

NCDEX has announced India’s first SEBI-approved exchange-traded weather derivatives contract, “RAINMUMBAI”, aimed at helping market participants hedge risks arising from monsoon rainfall fluctuations. The contract, based on IMD rainfall data and developed with IIT Bombay, seeks to create a regulated framework for managing climate-linked financial risks across sectors.

The Economic Times

Sharad Pawar chairs NCP (SP) meet on political situation; Rohit skips citing urgent water issue

Sharad Pawar led a crucial NCP (SP) meeting in Mumbai to strategize for the party's revival and discuss national and state political scenarios. Rohit Pawar clarified his absence, citing an urgent water crisis affecting farmers in his constituency. The party also reviewed its performance in recent elections and planned for…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (May 20, 2026) on IBJA, Malabar Gold & Diamonds, Joyalukkas, Tanishq and Kalyan Jewellers

Gold prices saw an upward trend today, May 20, 2026, at major jewellery retailers like Tanishq, Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers. In contrast, rates at the India Bullion and Jewellers Association experienced a decline. Consumers can check the latest rates for 22k gold and silver across different…

The Economic Times

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The Economic Times

Petrol, Diesel prices today on May 20: Check fuel rates in Delhi, Mumbai, Chennai, Kolkata and other metro cities

Petrol, Diesel prices today: Fuel prices remained steady on Wednesday after recent hikes, with petrol and diesel rates seeing an increase of up to 90 paise per litre. Global crude markets are on edge due to geopolitical tensions. Hyderabad recorded the highest petrol price at Rs 111.84 per litre, while…

The Economic Times

Mumbai to get 15,000 AI-powered CCTV cameras under Rs 2,140-cr surveillance project

Mumbai is set to significantly enhance its public safety with 15,000 new AI-powered CCTV cameras. This Rs 2,140 crore project will integrate advanced features like facial recognition and speed detection. The initiative aims to strengthen real-time monitoring and assist law enforcement. The expanded network will also aid in traffic management…

The Economic Times

Mumbai Indians' Quinton de Kock, Raj Angad Bawa ruled out of IPL 2026 due to injuries

Mumbai Indians have announced that Quinton de Kock and Raj Angad Bawa will miss the remainder of the IPL 2026 season. De Kock suffered a wrist tendon injury before the Sunrisers Hyderabad match. Bawa sustained a thumb ligament tear during the Punjab Kings game. Both players will undergo rehabilitation at…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (May 19, 2026) on IBJA, Malabar Gold & Diamonds, Joyalukkas, Tanishq and Kalyan Jewellers

Gold and silver prices saw an increase today, May 19, 2026. Major jewellery brands like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas reported higher rates for 22k gold.

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The Economic Times

Ro Fund Management launches ‘Ro Stars of India Fund’ under Category III AIF platform

Mumbai-based Ro Fund Management has launched the ‘Ro Stars of India Fund’, a SEBI-registered Category III AIF focused on generating high-alpha returns through a differentiated investment approach and disciplined risk management. The fund has reportedly outperformed benchmark indices within its first month of operations.

The Economic Times

IPL 2026: KKR face must-win test; MI out to spoil party

Kolkata Knight Riders must win their crucial IPL match against Mumbai Indians on Wednesday. A defeat will end their playoff chances for the second consecutive season. Even a win might not be enough as their fate depends on other results. Defending champions Royal Challengers Bengaluru, Gujarat Titans, and Sunrisers Hyderabad…

The Economic Times

Top India survey reveals dark reality of workers in entertainment industry that pays crores to superstars like Ranveer, Shah Rukh, Salman and Aamir

Top India survey shows Bollywood workers face 50–60% pay cuts, job scarcity and delayed payments amid industry slowdown. Behind-the-scenes staff report rising financial stress as productions tighten budgets and reduce work opportunities, while top stars remain largely unaffected. Many workers are struggling with high living costs in Mumbai and are…

The Economic Times

Petrol, Diesel prices increased by 90 paise per litre after 3-rupee hike. Check fuel rates in Delhi, Mumbai, Kolkata and other cities

Petrol, Diesel prices today: Fuel prices have seen another surge, with petrol and diesel rates increasing by approximately 90 paise per litre. This marks the second hike in under a week, pushing petrol prices in Delhi to Rs 98.64 and diesel to Rs 91.58. The hike in fuel prices comes…

The Economic Times

ED attaches Rs 700 cr assets linked to late gangster Iqbal Mirchi, kin

The Enforcement Directorate has seized assets valued at over Rs 700 crore. This action targets properties linked to the late gangster Iqbal Mirchi and his family. The attached assets include prime real estate in Mumbai and overseas holdings. The investigation stems from multiple FIRs against Mirchi for organized criminal activities.

The Economic Times

13 dead, 20 injured in Palghar tempo-trailer accident; CM Devendra Fadnavis announces compensation of Rs 5 lakh each

A tragic accident occurred in Palghar, Maharashtra, on the Mumbai-Ahmedabad Highway. A tempo packed with guests for an engagement ceremony collided with a speeding container trailer. The collision claimed 13 lives and left 20 others injured. The tempo was reportedly overloaded and on the wrong side of the road.

The Economic Times

India unveils official glimpse of its first ever bullet train

India's first bullet train for the Mumbai-Ahmedabad corridor is set to transform travel. An image of the high-speed train has been unveiled at the Ministry of Railways. This 508-km link will connect Mumbai to Ahmedabad, reaching speeds of 320 km/h.

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