India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
For the first time, Mumbai's Metro network is operating simultaneously at both ends of the city and is abuzz with "preparation trials" at the city's east and west corridors at the same time. This also means the Red Line 7 and Yellow Line 2A are being readied to separate ways for their respective growth. While the Red Line 7 depot will remain at Charkop (22 rakes), that of Line 2A and B will be shifted to Mandale (72 rakes). These depots are critical infrastructure for the expansion of the Metro
Mumbai: Responding to growing ridership and rush-hour demand, Maha Mumbai Metro Operation Corporation Ltd (MMMOCL) has increased services on Metro Lines 2A and 7 by adding 21 new trips, taking the total daily count to 305.The move follows a record ridership of 3.01 lakh on July 8. To support the enhanced frequency, the corporation has inducted three additional rakes, raising the total from 21 to 24.With the revised schedule, peak hour headway has been reduced to 5 minutes 50 seconds, offering smoother connectivity for commuters between the western suburbs and the Andheri interchange. Non-peak ...Read More >
Mumbai, Apr 7 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Tuesday inaugurated the first phase of Mumbai Metro Line 9 from Dahisar East to Kashigaon, linking the city with neighbouring Mira Bhayandar in Thane district. The services will be thrown open to the public on Wednesday. Fadnavis flagged off the train from Dahisar East and travelled to Kashigaon, along with Deputy Chief Minister Eknath Shinde, Transport Minister Pratap Sarnaik, and Mumbai Mayor Ritu Tawde. With this, Mumbai now has five operational metro corridors. Metro Line 1 on the Ghatkopar-Andheri-Versova route, Line 2 ...Read More >
Mumbai: In a major relief for residents of Mankhurd and Chembur, the first phase of Mumbai Metro Line 2B has been inaugurated today, April 7. CM Devendra Fadnavis, along with Deputy CMs Sunetra Pawar and Eknath Shinde, inaugurated the 5.4-km stretch, which is set to ease congestion and improve connectivity. Along with this, the virtual bhoomipujan of the BKC pod taxi project was also done. Stations To Open In Phase 1 The Phase I section of the corridor covers a 5.4-km stretch between Diamond Garden in Chembur and Mandale in Mankhurd, comprising five stations: Diamond Garden, Shivaji Chowk, B ...Read More >
Mumbai: Mahindra Lifespaces Developers Limited (MLDL) has been selected as the preferred developer for a premium residential society redevelopment in Mulund West, Mumbai, with expected revenue of ₹1,250 crore. The project encompasses a 3.08-acre land plot with outstanding connectivity, situated 1.4 km from the forthcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. This site also provides convenient access to the Eastern Express Highway and Mulund-Airoli Bridge, advantageous for travelling to Navi Mumbai and various business areas. Mr.Vimalendra Singh, Chief Business O ...Read More >
Mumbai: Peak-hour travel turned into a nightmare for thousands of Metro 1 commuters on Monday as a technical snag forced Mumbai Metro One Pvt Ltd (MMOPL) to withdraw one rake from service, triggering delays and severe overcrowding. The effect of the reduced frequency in terms of crowds was felt at key stations, especially Ghatkopar.The rake was withdrawn while on its way to Ghatkopar from Azad Nagar Metro station around 8.30 am. The trip cancellation caused around 500 additional commuters to accumulate at Ghatkopar and this backlog continued for around 45 minutes.MMOPL said, "Apart from a shor ...Read More >
Mumbai, Oct 8 (PTI) Prime Minister Narendra Modi on Wednesday launched the 'Mumbai One' mobile app which enables commuters to book a single QR-based digital ticket usable across Metro, Monorail, buses and local trains in the city and surrounding regions. Described as India's first integrated common mobility app, it will do away with the need for multiple paper tickets or separate bookings, officials said. The app, developed for the entire Mumbai Metropolitan Region, will be available for downloading from 5 am on Thursday, they added. Commuters, however, will not be able to book 'season' or ...Read More >
Mumbai Metro Rail Corporation (MMRC) has introduced WhatsApp-based ticketing for its Aqua Line (Metro Line 3). Commuters can now generate QR tickets instantly by sending 'Hi' to a designated number or scanning station QR codes. This initiative aims to provide seamless, efficient, and sustainable travel, eliminating paper tickets and supporting multiple payment options. The Mumbai Metro Rail Corporation (MMRC) has launched Whatsapp-based ticketing for commuters of Metro Line 3, also known as Aqua ...Read More >
Mumbai, Apr 7 (PTI) Maharashtra Chief Minister Devendra Fadnavis on Tuesday inaugurated the first phase of Mumbai Metro Line 9 from Dahisar East to Kashigaon, linking the city with neighbouring Mira Bhayandar in Thane district. The services will be thrown open to the public on Wednesday. Fadnavis flagged off the train from Dahisar East and travelled to Kashigaon, along with Deputy Chief Minister Eknath Shinde, Transport Minister Pratap Sarnaik, and Mumbai Mayor Ritu Tawde. Speaking to reporters, Fadnavis said that an easy and accessible transportation system is being developed in the Mumbai ...Read More >
Mumbai, Apr 7 (PTI) The inauguration of the opening phase of Metro Line 9 linking Dahisar East to Kashigaon on Tuesday marked the first direct connectivity between a suburb in Mumbai and a part of Thane city in the metropolitan region. Maharashtra Chief Minister Devendra Fadnavis also inaugurated the first phase of Metro Line 2B from Mandale to Chembur, which provides first metro connectivity on the Harbour Line in Mumbai. will improve connectivity in the eastern suburbs. With regular services on both lines set to start from Wednesday, the financial capital of the country will have six opera ...Read More >
The Reserve Bank of India (RBI) has acquired a 4.61-acre land parcel in Nariman Point from MMRCL for Rs 3,472 crore, marking a significant real estate deal. This strategic acquisition, near key government and corporate offices, will expand RBI's presence in Mumbai. MMRCL aims to monetize land parcels to support Mumbai's metro expansion. The Reserve Bank of India (RBI) has acquired a 4.61-acre land parcel at Nariman Point in South Mumbai from the Mumbai Metro Rail Corporation Ltd (MMRCL) for Rs 3 ...Read More >
MUMBAI: In yet another incident highlighting unsafe practices at a metro construction site, a 30-kg iron jack fell onto the road from a girder during ongoing work on Metro-9 at Bhayandar on Sunday. Officials from the Mumbai Metropolitan Region Development Authority (MMRDA) confirmed that no citizens, workers, or public property were harmed. The jack came loose and dropped onto the road below, which was only loosely barricaded, surrounded by shops and garages. "During the lowering operation of a ...Read More >
Mumbai Monorail Train: The incident of the breakdown was reported at 7.15 am, officials said. Mumbai (Maharashtra): Monorail services were resumed after a nearly two-hour-long halt that occured on Monday morning due to technical glitches in Mumbai's Wadala area. Mumbai Metropolitan Region Development Authority (MMRDA) said all passengers onboard were safely evacuated from the monorail. "17 passengers were evacuated after a technical glitch happened in the monorail at Wadala. Passengers were e ...Read More >
Mumbai: Mumbai's long-awaited Metro Line 3, also known as the Aqua Line, is gearing up for its grand completion as Prime Minister Narendra Modi is set to inaugurate the final Worli-Cuffe Parade stretch on October 8. The milestone will make the entire 33.5-kilometre Colaba-Bandra-SEEPZ corridor fully operational, marking a transformative leap for South Mumbai's urban mobility network. Ahead of the inauguration, Mumbai Metro 3 released stunning inside visuals of the Science Centre Metro Station in Worli, offering a first look at its modern interiors and commuter-ready infrastructure. The images ...Read More >
In the now-viral video, the woman is seen entering the metro coach with her bicycle and effortlessly using the in-built hooks designed for cycle storage. She parks her bicycle in a designated spot, lifts the front wheel, and secures it onto a hook inside the coach, all while appearing both surprised and delighted by the ease of the process. (Also Read: Paytm's Vijay Shekhar Sharma spotted on Mumbai Metro, commuter recalls humble encounter: 'Felt cool') The video, shared on X, has captured the i ...Read More >
New Delhi [India], July 7 (ANI): Union Minister of Agriculture and Farmers Welfare & Rural Development, Shivraj Singh Chouhan on Monday inaugurated the 11th edition of the India Maize Summit, organized by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with (IIMR) Indian Institute of Maize Research. Speaking at event, Chouhan emphasized that 'Farmers' sewa is our mool mantra,' reaffirming the government's commitment to farmer-centric policies. He outlined a multi-pronged strategy to boost maize production, and increase farmer incomes, while ensuring environme ...Read More >
Mumbai: With the launch of the first phase of Mumbai Metro Line 9 from Dahisar East to Kashigaon, connectivity between the city, neighbouring Mira-Bhayandar, and Andheri will not only become seamless but also more affordable. Earlier, the MMRDA stated that after the launch of Metro Line 9, Lines 2A and 7 will operate as independent corridors and Line 7 will be integrated with Line 9. This will enable direct connectivity from Gundavli in Andheri East to Mira-Bhayandar, currently up to Kashigaon. Fare From Gundavli To Kashigaon The distance from Gundavli to Kashigaon is approximately 20 km an ...Read More >
Bengaluru: Namma Metro has slipped to third place in terms of operational network length, losing its position as the country's second-largest system to Mumbai Metro.The shift comes after Mumbai Metro commissioned new corridors, including the Dahisar-Kashigaon stretch and the first section of Line 2B (Mandale to Diamond Garden), extending connectivity to Thane district and linking the eastern suburbs.With the addition of roughly 10 km, Mumbai's operational network has now crossed the 100-km mark, trailing only the Delhi Metro, which remains the largest in the country with 416 km and 303 station ...Read More >
Mumbai: Senior IAS officer Ashwini Bhide will take charge as the commissioner of the Brihanmumbai Municipal Corporation (BMC) today. Bhide creates history as she will be the first woman municipal commissioner of India's financial capital. The decision was made last night during a meeting held between CM Devendra Fadnavis and Deputy CM Eknath Shinde over Bhushan Gagrani's successor, who retires today. Bhide is likely to get a full tenure until 2030. Bhushan Gagrani Informs Of Bhide Taking Charge "I am in office today and Ashwini will take charge this afternoon. The official order will be issu ...Read More >
Mumbai: The city is set to undergo a major infrastructure milestone with the launch of four projects on April 7. The developments are expected to enhance connectivity and transform daily commuting across the metropolitan region. The inauguration of phase 1 of Mumbai's Metro Lines 9 and 2B, the bhoomipujan of the BKC pod taxi project, and the launch of the Thane-Borivali tunnel will be done after facing a series of delays. According to the official update, the April 7 launch events will be held at three different locations in a phased manner throughout the day, while one event will be held virt ...Read More >
MUMBAI: Ashwini Bhide, 55, an IAS officer of 1995 batch, widely known as the 'Metro Woman of Mumbai' for spearheading the Aqua Line (Metro 3) and navigating challenges of land acquisition and resettling project affected people, has emerged as the front-runner for the post of commissioner of the Brihanmumbai Municipal Commissioner (BMC), the country's richest civic body. Bhide will become the first woman IAS officer to make it to the position, when she takes over from the current civic chief Bh ...Read More >
MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) is set to inaugurate the first stretch of Metro Line 9, phase-1 of the Dahisar-Mira Bhayandar corridor, on April 7. The project, which has faced multiple delays, will finally open its initial section to the public. Senior MMRDA officials confirmed the revised date on Sunday, clarifying that the inauguration will take place on Tuesday. The announcement follows earlier statements by state transport minister Pratap Sarnaik, who had said that the corridor would be launched on April 6. At present there are four metro rail corrid ...Read More >
Mumbai, April 7: Strengthening the city's fast-growing urban transit network, the Mumbai Metropolitan Region Development Authority has launched new operational stretches of Mumbai Metro Line 9 and Line 2B on April 7, 2026. The move is expected to significantly ease congestion and improve connectivity for lakhs of daily commuters across the western and eastern suburbs. The newly opened section of Line 9 covers a 4.5 km stretch between Dahisar and Kashigaon, offering a faster alternative to the traffic-heavy Western Express Highway. This corridor is especially beneficial for residents of Mira-B ...Read More >
Sawant alleged that the BJP had removed the names of national leaders like Jawaharlal Nehru and Sanjay Gandhi from public institutions while renaming others for corporate sponsorships. They have shown their intolerance towards India's first Prime Min Maharashtra Congress on Saturday alleged that the BJP's brand of Hindutva had become "corporate and profit-driven", with sacred names and national icons being "sold for money" and political gains. Referring to Mumbai Metro stations, Congress spokes ...Read More >
The services will be thrown open to the public on Wednesday. Fadnavis flagged off the train from Dahisar East and travelled to Kashigaon, along with Deputy Chief Minister Eknath Shinde, Transport Minister Pratap Sarnaik, and Mumbai Mayor Ritu Tawde. Speaking to reporters, Fadnavis said that an easy and accessible transportation system is being developed in the Mumbai Metropolitan Region, integrating the metro, e-buses and water transport to make the city the most accessible in the country. A m ...Read More >
Mumbai, Commercial operations on the first phases of Mumbai Metro corridors 9 and 2B began on Wednesday morning, a day after Maharashtra Chief Minister Devendra Fadnavis inaugurated the mass-transit routes, officials said. While the Metro 9 marks the first direct connectivity between a suburb in Mumbai and a part of Thane city in the metropolitan region, the Line 2B will provide the first metro connectivity on the Harbour Line in Mumbai. The 5.6-km elevated Phase 1 stretch of Metro Line 9 compr ...Read More >
Mumbai (Maharashtra) [India], September 15 (ANI): The India Meteorological Department (IMD) has issued a red alert for Mumbai after overnight heavy rainfall caused severe waterlogging in several parts of the city.According to IMD Mumbai, intense to very intense spells of rain accompanied by thunderstorms, lightning, and gusty winds reaching 30-40 kmph are likely to continue in Mumbai and adjoining districts of Thane and Raigad.The downpour disrupted traffic movement in multiple areas. The Mumbai Traffic Police, in the early hours of Monday, announced the closure of traffic at Andheri Subway du ...Read More >
Mumbai (Maharashtra) [India], September 15 (ANI): The India Meteorological Department (IMD) has issued a red alert for Mumbai after overnight heavy rainfall caused severe waterlogging in several parts of the city. According to IMD Mumbai, intense to very intense spells of rain accompanied by thunderstorms, lightning, and gusty winds reaching 30-40 kmph are likely to continue in Mumbai and adjoining districts of Thane and Raigad. Also Read | Tamil Nadu Weather Forecast: IMD Predicts Heavy Rain Across Multiple Districts Over Next Few Days, Check Details. The downpour disrupted traffic movemen ...Read More >
Mumbai: In a significant step towards strengthening Mumbai's expanding metro network, the Mumbai Metropolitan Region Development Authority (MMRDA) has introduced revised, passenger-friendly timetables across key metro corridors effective April 8, 2026. New Metro Lines Launched This follows the launch of Metro Line 9 (Dahisar East to Kashigaon) -- the first metro corridor in Thane district -- and Metro Line 2B (Mandale to Diamond Garden, Phase 1), which brings metro connectivity to key Harbour Line areas. With this expansion, Metro Line 2A and Metro Line 7 will now operate as independent cor ...Read More >
Mumbai: The first phase of Mumbai Metro Line 2B, connecting Diamond Garden in Chembur to Mandale in Mankhurd, has launched and is set to open for commuters from April 8, offering improved connectivity across the eastern suburbs while maintaining relatively affordable fares. As per fare details available on the Maha Mumbai Metro website, ticket prices for this stretch remain on the lower side. The entire 5.4 km stretch from Mandale to Diamond Garden will cost Rs 20. A shorter ride up to Deonar from Mandale is priced at Rs 10. Notably, for the same distance between Mandale to Diamond Garden, a ...Read More >
Mumbai: The opening day of two newly launched Mumbai Metro lines drew sharply contrasting responses from commuters, with Line 2B (Mandale-Diamond Garden) being a damp squib, while Line 9 (Kashigaon-Dahisar East) was a runaway success. Both metro corridors were partially inaugurated by chief minister Devendra Fadnavis on Tuesday afternoon, even though the Mumbai Metropolitan Region Development Authority (MMRDA) had received statutory safety clearances over three months ago. On Metro Line 2B (Yellow Line), trains largely ran empty or carried passengers in single digits through the day. The cur ...Read More >