Topic
mumbai
Business Maharashtra CM: Dharavi redevelopment to follow Singapore, Hong Kong model, with global hub
Maharashtra Chief Minister Devendra Fadnavis announced that the Dharavi Redevelopment Project will follow modern housing development models from Singapore and Hong Kong. The first phase targets completion by March 2028, delivering 10,000 homes. The project includes a multi-modal transport hub, MSME support for local industries, and preservation of Dharavi's industrial ecosystem.
Commodities IMD Update: Heavy Rain to Revive Goa, Karnataka, Mumbai & Gujarat on June 22-23
The India Meteorological Department (IMD) forecasts a revival of heavy rainfall along the west coast around June 22-23, based on guidance from the European Centre for Medium-Range Weather Forecasts (ECMWF). The fresh spell is expected to start over Coastal Karnataka and Goa before spreading north to Konkan, Mumbai, and south Gujarat. Meanwhile, widespread rainfall continues over eastern India due to a trough extending from Punjab to West Bengal.
Business DK Vertex Invests ₹70 Cr to Launch 7 Co-working Centres Across Three Cities
DK Vertex, a co-working firm under the Vertex Group, has invested ₹70 crore to establish seven co-working centres with 10,000 desks in Gurugram, Mumbai, and Bengaluru. Four centres are already operational, with 6,000 desks available and 75% occupied, while 4,000 built-to-suit seats will be added in two months. The company plans further expansion into tier I and II cities to capitalise on rising flexible workspace demand.
Commodities Gold Rates Dip Across India on June 11: Check City-Wise Prices
Gold prices in India declined on June 11, 2026, with 22-carat gold dropping by ₹295-300 per gram and 24-carat by ₹309-315 per gram across major cities. The rates for 8 grams also fell substantially. The data, courtesy of bankbazaar.com, shows uniform declines from Mumbai to Kolkata.
Logistics BPCL Mumbai Refinery Shutdown to Impact Logistics
BPCL's Mumbai refinery will undergo maintenance in November, potentially impacting logistics operations and freight rates. Stakeholders should prepare for possible disruptions.
Logistics Mumbai-Ahmedabad Bullet Train Tunnel Breakthrough
The Mumbai-Ahmedabad Bullet Train project has reached a significant milestone with the completion of a mountain tunnel breakthrough in Maharashtra. This development is part of the ongoing construction of India's first high-speed rail corridor.