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.
Mumbai is set to launch two new metro rail lines by the end of this month. A portion of line 9, between Dahisar East and Kashigaon, and a part of line 2B, between Diamond Garden and Mandale, will be operationalised by December 31. Metro Line 9 is an extension of Line 7 and forms a 13.58-kilometre elevated corridor connecting Dahisar East with the rapidly growing Mira-Bhayandar region. As per the reports citing Mumbai Metropolitan Region Development Authority (MMRDA) officials, segments of 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: The Mumbai Metro Rail Corporation Limited (MMRCL)'s decision to sell a 4.16-acre plot at Nariman Point to the Reserve Bank of India for ₹3,472 crore is in the eye of a storm. The Congress has demanded that the deal be cancelled, alleging that the state government went back on its promise to reinstate the political party offices that were on the plot before the land was taken over for the Metro 3 project. It has also alleged that the deal has led to a loss of around ₹1,800 crore for MMRCL, as the prime property was sold without floating tenders. The plot previously housed the offices o ...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 is set to get a driverless Pod taxi system. The Automated Rapid Transit System will connect Kurla and Bandra Kurla Complex. This project aims to improve last-mile connectivity for daily commuters. The system will feature AI-based pods running on battery power. It is expected to reduce traffic congestion and travel time.Maharashtra Chief Minister Devendra Fadnavis on Tuesday performed the groundbreaking ceremony for the driverless Pod taxi project, an Automated Rapid Transit System being developed between Kurla and BKC in Mumbai, to provide last-mile connectivity for daily commuters. De ...Read More >
Mumbai: The long-awaited 'Red Revolution' has officially arrived in the Mira-Bhayandar region. On April 7, 2026, the Mumbai Metropolitan Region Development Authority (MMRDA) inaugurated the first phase of Metro Line 9, stretching from Dahisar East to Kashigaon. Chief Minister Devendra Fadnavis and Deputy Chief Minister Eknath Shinde presided over the high-profile inauguration yesterday. The opening marks a historic milestone for the northern suburbs, providing a high-speed, air-conditioned alternative to the infamously congested Western Express Highway and the perennial struggle of boarding o ...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, June 27 (SocialNews.XYZ) Maharashtra Chief Minister Devendra Fadnavis, on Friday, directed the administration that after the completion of major infrastructure projects, nearby government land should be identified and developed into new economic hubs on the lines of the Bandra-Kurla Complex (BKC). He gave these directives during a review meeting of the north-bound Versova to Bhayandar coastal road project. Chief Minister Fadnavis also instructed that the road project be executed while conserving the mangrove forests. He emphasised that additional mangrove areas should be developed t ...Read More >
Mumbai: Plans are underway to connect India's first underground bullet train station at Bandra Kurla Complex (BKC) with two metro rail lines and other buildings and commercial complexes around it, said officials. There will be an underground tunnel with a travelator connecting the bullet train station to the Kotak-BKC station of the underground metro Line-3 (Cuffe Parade to Array Colony), and a foot over bridge (FOB) linking it to the IL&FS station on the under-construction Metro Line-2B (DN Nagar to Mandale). The linking initiative is a part of the larger multi-modal integration (MMI) aiming ...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 >
Visitors will be able to watch horse racing while walking inside the park. Mumbai: Maharashtra Deputy Chief Minister Eknath Shinde on Monday said a world-class 'Central Park' will be developed over a total area of 295 acres, combining the open land of Mahalaxmi Racecourse and the Coastal Road. Additionally, a 10 lakh square feet world-class underground environment-friendly sports complex will be developed beneath the Central Park that will host international-level sports facilities along with ...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) Maharashtra Chief Minister Devendra Fadnavis on Tuesday performed the groundbreaking ceremony for the driverless Pod taxi project, an Automated Rapid Transit System being developed between Kurla and BKC in Mumbai, to provide last-mile connectivity for daily commuters. Deputy Chief Ministers Eknath Shinde and Sunetra Pawar were present at the function along with the chief minister at the Diamond Garden metro station in Chembur. Fadnavis said that all necessary approvals for the project have been received. The Mumbai Metropolitan Region Development Authority (MMRDA) is exe ...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 >
Thane: Sena minister Pratap Sarnaik appealed to MMRDA chairman and deputy CM Eknath Shinde on Monday to rename Metro stations passing through Thane city to pay tribute to the native Agri-Koli community and prominent political figures, including late Shiv Sena founder Balasaheb Thackeray and Shinde's mentor Anand Dighe.Sarnaik suggested renaming Metro 4's Cadbury Junction station to Thane Mahapalika Bhavan, Mahapalika Marg station to Chhatrapati Sambhajinagar station, and Teen Hath Naka as Dharmveer Anand Dighe Station. On Metro 10, he proposed that Retibandar halt be renamed as Hindu Hridaysam ...Read More >
Mumbai Monorail train stuck between two stations due to power failure (Image: Videograb/X) As continuous rains lash Mumbai leading to flooding, a monorail train got stuck on an elevated track in Mumbai's Vashi Gaon area on Tuesday due to a power supply issue. With several passengers stranded onboard, rescue operations started immediately. The fire brigade reached the spot in a bid to evacuate the passengers using crane. The Maha Mumbai Metro Operation Corporation said the monorail train had ex ...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 >
Mumbai will see the inauguration of key Metro stretches and infrastructure projects on April 7. The rescheduled event includes launches of Lines 9, 2B, and major tunnelling works The Mumbai Metropolitan Region Development Authority (MMRDA) has revised the schedule for inaugurating select operational stretches of Metro Lines 9 and 2B, with the ceremony now set to take place on Tuesday, April 7. The launch had previously been planned for earlier dates but was postponed due to scheduling constraint ...Read More >
Mumbai: The first Tunnel Boring Machine (TBM), named Nayak, has been launched to begin excavation for the Thane-Borivali Twin Tunnel project today. The inaugurated was officially done by Chief Minister Devendra Fadnavis along with Deputy Chief Ministers Eknath Shinde and Sunetra Pawar. Transport Minister Pratap Sarnaik was also present at the event, which took place at the TBM launch site in Manpada, Thane. At present, the 23-kilometre journey between Thane and Borivali takes anywhere between 60 and 90 minutes, largely due to heavy congestion on Ghodbunder Road. Once completed, the new tunnel ...Read More >
Mumbai: In a review meeting held by the Chief Minister Devendra Fadnavis recently at Sahyadri guest house, Malabar Hill, in view of the growing population and persistent traffic congestion from goods transport, it was decided to implement an independent project featuring an underground metro, road widening, and new flyovers -- offering a lasting traffic solution and driving urban and industrial growth. Both metro and road widening projects will progress in parallel, ensuring faster, safer, and seamless connectivity. These coordinated efforts aim to ease traffic and boost regional development. ...Read More >
Mumbai: A monorail train came to an abrupt halt on tracks due to a "technical snag" in Mumbai on Monday morning, following which all 17 passengers onboard were rescued, officials said, adding the incident was the second in less than a month. The incident took place at 7:16 am between the Antop Hill Bus Depot and GTBN monorail station in Wadala, they said. "Today, a technical snag occurred in one of the mono trains. As per safety protocols, all 17 passengers on board were swiftly and safely transferred to another train and taken to the next station by 7:40 am," said a spokesperson of Maha Mum ...Read More >
Thane (Maharashtra) [India], April 7 (ANI): Maharashtra Chief Minister Devendra Fadnavis, along with Deputy Chief Ministers Eknath Shinde and Sunetra Pawar, on Tuesday inaugurated the 'Thane-Borivali Double Decker Corridor Project'. Speaking on the occasion, CM said, "We have just launched the Tunnel Boring Machine (TBM) of Borivali Twin Tunnel from Thane. It is a country's engineering marvel. At present, it takes 23 kilometres to get to Borivali from Thane, and it takes about 2 to 5 hours. But this tunnel will complete it in just 11.84, that is 12 kilometres, and we will be able to go from T ...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 >
Bengaluru: For millions of people, the sudden, sharp pain of tooth due to sensitivity can turn a sip of cold water into a jolt. Now, researchers at Indian Institute of Science (IISc), in collaboration with Bengaluru-based deep-tech startup Theranautilus, have engineered "CalBots" - magnetic nanobots that can seal the problem at its source.As per IISc, CalBots are 400-nanometre particles loaded with a calcium silicate-based bioceramic formula, designed to travel 500 micrometres deep inside dentinal tubules, the tiny tunnels in the tooth that lead to nerve endings. Guided by an external magnetic ...Read More >