Maharashtra Minister Ashish Shelar has accused the Shiv Sena (UBT) of mismanaging the Brihanmumbai Municipal Corporation (BMC), alleging that the opposition party and contractors misappropriated funds for the BRIMSTOWAD drainage system and Mithi River cleaning. Shelar claimed that the Sena (UBT) and BMC contractors looted Mumbai and did not complete the BRIMSTOWAD project work in 25 years, which could have saved Mumbai from flooding. He also alleged that Rs 1,000 crores were spent by the BMC on bogus Mithi River cleaning. Shelar's accusations come amidst heavy rainfall in Mumbai, which has exacerbated the city's monsoon woes. The incomplete BRIMSTOWAD project and inadequate desilting of nullahs have drawn criticism for the city's unpreparedness.
'Deposit and lending rates have started to fall considerably. It is likely to spur investment and consumption of durables.'
According to a situation report issued by the DGS, the oil containment measures have temporarily stabilised the situation, but full risk mitigation will happen only on successful commencement of saturation diving to extract the remaining trapped fuel oil from the vessel, MSC Elsa 3.
'40 percent of voters in Bihar will be excluded.'
The Mumbai Metro Rail Corporation (MMRC) was forced to suspend the operation after flooding was reported at the underground Acharya Atre Chowk station.
RBI's interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said.
Finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday as the Monsoon Session of Parliament gets underway next week with the united opposition set to corner the National Democratic Alliance government on issues ranging from the NEET paper leak case and railway safety.
The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.
Seven rivers, including the Brahmaputra, were flowing above the danger level, even as the Regional Meteorological Centre (RMC) in Guwahati predicted heavy to very heavy rainfall at isolated places in the state.
India is planning to amend the Mines and Minerals (Development and Regulation) Amendment Act 2023 to specify the use of funds currently earmarked at 5,600 crore for exploring critical mineral mines overseas, according to a top official. The proposed amendments also aim to introduce a tailings policy and modify the royalty structure to facilitate the extraction of critical minerals from waste materials, the official added.
Bhavnagar was also one of the worst affected districts, they said, adding that more downpour is likely over the next four day in parts of the state.
Passenger vehicle retail sales witnessed 3 per cent on-year decline in May with customers delaying purchases in several states due to India-Pakistan conflict and further softening of demand for entry-level models, dealers' body FADA said on Friday. The passenger vehicle registrations last month stood at 302,214 units, as compared to 311,908 units in May 2024.
After being pummelled by heavy downpours at the start of the week, Mumbai witnessed a brief respite on Tuesday morning, with the island city recording an average rainfall of 106 mm in 24 hours, civic officials said.
Film folk are busy travelling: Avneet enjoys the night life in London... Soha does yoga in the Maldives... Ibrahim lives his F1 dream...
Wholesale price inflation dropped to 0.85 per cent in April as prices of food articles, manufactured products, and fuel eased, government data showed on Wednesday. WPI-based inflation was 2.05 per cent in March. It was 1.19 per cent in April last year.
The speculation about the rift in the BJP's state unit was fuelled by Uttar Pradesh Deputy Chief Minister Keshav Prasad Maurya's post on X on Wednesday stating that the party is bigger than the government.
The disqualification of wrestler Vinesh Phogat in the Olympics after being found overweight before the final bout also saw the government and Opposition come to blows in Parliament.
The Jagannath temple has fostered Odisha's regional cooking styles and preserved local food traditions.
The Union government is considering an impeachment motion against Allahabad High Court judge Yashwant Varma, who was indicted by a Supreme Court-appointed probe panel after burnt cash was found at his residence. The government is likely to consult with opposition parties before moving forward with the motion, which would require a two-thirds majority vote in Parliament.
From the Sensex firms, Tech Mahindra, Tata Steel, Tata Motors, Titan, HDFC Bank, IndusInd Bank, Infosys and Kotak Mahindra Bank were among the biggest laggards. On the other hand, Adani Ports, Mahindra & Mahindra, Power Grid, Eternal and Hindustan Unilever were among the gainers.
While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.
These five asanas are easy to perform and require minimal space, making them ideal for indoor practice.
K L Rahul would look to make the most of his first red-ball outing in months ahead of the upcoming Test series against England.
Government sources on Tuesday said Parliamentary Affairs Minister Kiren Rijiju has begun consultations as part of efforts to get leaders of different parties on board for the impeachment motion against Varma following his indictment by a three-member probe committee constituted by the Supreme Court.
Recipes to reach out to, when it rains and you want to bite into something deep-fried or baked...
The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.
If Housefull 5 earlier set the party mood with Akshay Kumar and his 18-member cast, Metro... In Dino brings romantic vibes with a different kind of ensemble cast.
Fada estimates that global supply chain headwinds like scarce availability of rare earth elements for electric vehicle components and geopolitical tensions may affect urban consumer sentiment in June as well.
Movement in the equity market this week will be guided by a host of macroeconomic data announcements, global trends and trading activity of foreign investors, analysts said. Stocks markets concluded the last week on a subdued note, as investors grappled with global uncertainties.
As pipes played and ceremonial commands echoed across the parade ground, a subtle but sharp undertone ran beneath the pride -- the knowledge that these young men may soon be called to act in a world where real-time threats blur the lines between battlefield and cyberspace.
https://www.rediff.com/business/report/quality-control-orders-what-does-this-mean-for-domestic-industry/20240425.htm
'He surprised us by telling us he wanted to make a career in acting.' 'We were scared since we knew nothing of this profession but then, he landed a role in Mira Nair's Monsoon Wedding.' 'After seeing him holding his own on screen, we decided to let the boy pursue his passion.'
Lieutenant Commanders Roopa A and Dilna K from the Indian Navy have stamped India's name on the high seas.
Several deaths were reported across the country due to rain-related incidents like lightning strikes and drowning.
The southwest monsoon season concluded on Saturday with India receiving 'below-average' cumulative rainfall -- 820 mm compared to the long-period average of 868.6 mm -- in an El Nino year.
Royal Challengers Bangalore (RCB), already qualified for the playoffs, will aim to secure a top-two league stage finish when they face Sunrisers Hyderabad (SRH) in their Indian Premier League (IPL) clash in Lucknow.
Hero MotoCorp on Tuesday posted 24 per cent increase in consolidated profit after tax at Rs 1,169 crore for the fourth quarter ended March 31, 2025 riding on higher margins backed by better product mix, parts revenue and cost effectiveness. The company had reported a consolidated profit after tax (PAT) of Rs 943 crore in January-March FY24.
The year 2024 was not only the hottest year on record but also the first to breach 1.5C above the 1850-1900 baseline.
After climbing to the highest level in more than five years to 4.7 million tonnes in FY24, India might import fewer quantities of pulses this financial year at 4-4.5 mt on the back of good monsoon and higher domestic production, Bimal Kothari, chairman of India Pulses and Grains Association (IPGA), said in New Delhi on Friday. Kothari was addressing reporters on the sidelines of a seminar on pulses titled "Bharat Dalhan-2024".
The Indian cement industry is hopeful of greener pastures after a long period of stress led by pricing pressures and other factors. The second half of FY25 is expected to bring respite due to price hikes, cost benefits and higher volumes, said analysts. The optimistic momentum also makes cement stocks attractive, analysts added, advising to buy dips following a period of bearish sentiment in these stocks.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances