Maharashtra postal dept hosts 'India Post: Expo Symposium' in Mumbai to strengthen ties with exporters
Check out the latest news in Mumbai on The Times of India with a wide range of topics including Mumbai politics, Mumbai crime, sports, fashion, Bollywood, culture, industries, civic bodies, Mumbai traffic updates, new trends, education and civic issues. From the regular hustle-bustle of the fast-paced life of the metropolis to the gastronomical delights in famous Khau Gallis. From latest political developments to Bollywood-related events or even Mumbai's notorious traffic jams. We cover it all in detail and you can check it all in just one click. Mumbai, the capital city of Maharashtra state, was formerly known as Bombay. Now, it is also considered the financial and commercial capital of the country. The mega city has strong historical links, wonderful British architecture, museums, shrines, beaches and the Hindi film industry which is also known as Bollywood. The seven islands which form the metropolis were earlier home to fishing communities. For centuries, the islands were being controlled by the successive indigenous empires before being ceded to the Portuguese and later to the East India Company of Great Britain. During the mid-18th century, Bombay was reshaped with the construction of major roads and railways and subsequently it transformed into a major seaport on the Arabian Sea as we see it today. The city was renamed Mumbai in 1996. The happening city carries a vibrant and cosmopolitan culture. Be it Bollywood or Victorian-era buildings, Asia's largest slum in Dharavi or the lunchbox delivery and return system of the famous dabbawalas, every aspect of Mumbai boasts a unique identity.
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Mint
35 minutes ago
- Mint
Stock market this week: US-India trade deal, Q1 earnings, macro-economic data top triggers that may dictate Dalal Street
Indian stock market indices—the Sensex and Nifty 50— ended on a weaker note on Friday, July 18, marking their third straight week of losses. The Nifty 50 slipped below the crucial 25,000 mark. Over the last three weeks, the Sensex has shed about 2,300 points, or nearly 3 per cent, and the Nifty 50 has seen a similar 3 per cent decline. On July 18, the Nifty 50 declined by 143 points, or 0.57 per cent, settling at 24,968.40, while the Sensex dropped 502 points, or 0.61%, finishing at 81,757.73. 'Markets edged lower on Friday, losing over half a percent, primarily due to weak earnings. A sharp decline in Axis Bank following its results made participants cautious ahead of upcoming earnings from other banking heavyweights, namely HDFC Bank and ICICI Bank, which are scheduled over the weekend. Additionally, the results of another index heavyweight, Reliance Industries, expected after market hours on Friday, further added to the cautious sentiment. As a result, the Nifty index nearly tested the support zone of 24,900 before settling at 24,968.40 level,' said Ajit Mishra – SVP, Research, Religare Broking Ltd. Markets continued to decline for the third straight week, as investor sentiment remained cautious amid a weak start to the earnings season and persistent uncertainty over the US-India trade agreement. Like the previous week, the benchmark indices initially showed some strength in the first three sessions, but the momentum shifted downward in the latter part of the week. By the end of the week, both the Nifty and Sensex closed near their weekly lows at 24,968.40 and 81,757.73, respectively. On the Nifty outlook next week, brokerage firm Bajaj Broking said, ' Nifty on the weekly chart formed a bear candle with a lower high and lower low signaling continuation of the corrective decline for the third consecutive week. Market activity was largely stock-specific, awaiting concrete cues on both macro and micro fronts. The market is expected to be volatile in Monday's session, driven by the quarterly results of key index heavyweights—Reliance Industries, ICICI Bank, and HDFC Bank. These earnings will serve as a crucial trigger to watch. Key level to track remains at 24,900. A sustained breach below the same could prolong the corrective phase towards 24,600–24,400. Conversely, holding above may trigger a technical rebound towards last week high (25,255). However, only a breakout past last week's high would confirm a pause in ongoing correction and open upside potential towards 25,500–25,600 in the near term.' Meanwhile, on the Bank Nifty outlook, it added, ' Bank Nifty formed a sizable bear candle signaling profit booking at higher levels for the second session in a row. The index on Friday's session breached the last 10 sessions consolidation range 56,500-57,600 signaling extended decline. A follow through weakness will open further downside towards 55,000 levels. Key short-term term support is placed at 56,000–55,500 region, representing a confluence of the 50-day EMA and the key retracement level.' India and the United States have completed the fifth round of discussions for the proposed Bilateral Trade Agreement (BTA) in Washington. The four-day talks, held from July 14 to 17, were headed by India's chief negotiator and special secretary in the commerce department, Rajesh Agrawal. This round of negotiations is especially significant as both countries are working to finalize an interim trade pact before August 1. This date marks the conclusion of the suspension period for the Trump-era tariffs, which had introduced additional duties of up to 26% on imports from several nations, including India. According to reports, Donald Trump has increased pressure in trade talks with the European Union by insisting that any agreement include a minimum tariff ranging between 15% and 20%. On the macroeconomic side, key data indicators like India's Infrastructure Output and HSBC Flash PMI figures for Manufacturing, Services, and Composite sectors will be closely monitored. The focus will stay on the ongoing earnings season as a number of major results are expected. In the coming sessions, several leading companies such as Infosys, Dr. Reddy's Laboratories, Bajaj Finance, Nestle India, and Cipla are set to release their quarterly earnings. The IPO buzz in the primary market is all set to continue as 10 new public issues, including five in mainboard segment, are scheduled to open for subscription next week. Apart from new issues, the market will also witness listing of Monika Alcobev IPO in the coming week. Foreign Portfolio Investors (FPIs) offloaded shares worth ₹ 3,694 crore in Indian equities, whereas Domestic Institutional Investors (DIIs) made net purchases amounting to ₹ 2,820 crore, as per provisional data from the NSE, on Friday, July 17. DIIs bought shares totaling ₹ 13,523 crore and sold shares worth ₹ 10,702 crore. Meanwhile, FPIs purchased stocks worth ₹ 11,633 crore but sold ₹ 15,327 crore during the day. Cumulatively for the year, FPIs have been net sellers of equities valued at ₹ 1.32 lakh crore, while DIIs have emerged as net buyers with a total of ₹ 3.67 lakh crore. Crude oil futures remained largely steady on Friday amid mixed signals from U.S. economic and tariff developments, along with concerns over supply due to the European Union's newest sanctions on Russia over its invasion of Ukraine. Brent crude slipped by 24 cents, or 0.3%, closing at $69.28 per barrel, while U.S. West Texas Intermediate (WTI) crude declined by 20 cents, or 0.3%, finishing at $67.34. Both benchmarks ended the week roughly 2% lower. Gold prices climbed on Friday, supported by a softer U.S. dollar and persistent geopolitical and economic uncertainties that increased the appeal of the safe-haven asset. Meanwhile, platinum prices dipped after touching their highest levels since 2014. Spot gold was up 0.4% at $3,351.18 per ounce, rebounding after a 1.1% decline in the previous session. According to Ajit Mishra – SVP, Research, Religare Broking Ltd, market indices to remain in a consolidation phase with a negative bias in the near term, driven by a weak start to the earnings season and prevailing global uncertainties. " Nifty ended the week below the key psychological mark of 25,000, indicating sustained caution. The index remains vulnerable to further downside if it breaks below the immediate support zone of 24,900. A breakdown could drag the index toward the 24,450–24,700 zone in the coming sessions. On the upside, the 20-day EMA—currently acting as a short-term hurdle—may restrict recovery around the 25,250 mark. A decisive move above this level is essential for any bullish reversal. Until then, the broader trend is expected to remain under pressure," Mishra said. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Hans India
35 minutes ago
- Hans India
MyVoice: Views of our readers 20th July 2025
Stray dogs also need shelters Itis apt that a petitioner has urged the Supreme Court for earmarking designated spaces to feed stray dogs while the apex court sought to know why he cannot feed them at home. Within the ambit of the petitioner, it is understandable that he has compassion for the uncared and starving stray dogs, and he may feed them on his own but to provide shelter to countless stray dogs is literally impossible for any individual. It is to be noted that many volunteers and compassionate people do feed them regularly or on special occasions. If our governments at the State or Centre make a provision for establishing shelters for dogs that are not owned like in some foreign countries, these people will be able to feed them. Even otherwise, the government should make safe designated places for stray dogs and kitten in shelter homes and vaccinate them, treat the unwell besides providing food and keep them open so that people can bring food on occasions. It can allow people to come forward and adopt pups by duly following statutory norms. Meanwhile it is absurd and inhuman if the strays are culled for whatever reason. Dr T Ramadas,Visakhapatnam Play boosts physical and mental health Theadage 'All work and no play make Jack a dull boy' holds eternal significance. Play or playing is one of the simple, yet rewarding activities, one can indulge in. It picks curiosity and allows you to explore the world in an engaging way. Besides being fun, play opens a sense of enjoyment that is essential for development and overall well-being. Play can also build problem-solving skills to help navigate the challenges we face in life. It is time to unleash your inner child, spark your creativity, and learn why play is an important part of living a happy life. Play is not just for kids but a biological need in our DNA that develops the brain. We become smarter, stronger, and happier each time we play. Play boosts imagination, reduces stress, improves skills, bolsters teamwork and self-esteem, and hone several other skills. The National Play Day was created on July 19 in 2024, while the International Play Day is observed every June 11 to encourage everyone to unleash their inner child, spark creativity, and learn why play is an important part of living a happy life. This day is intended to spread happiness. Whether you are a child or adult, playing is enjoyable and relaxing. Dr Burra Madhusudhan Reddy,Karimnagar. Schools getting bomb threats: More to it than meets the eye Thecountry's three most happening cities are being mindlessly targeted by anti-India forces, each of which has a specific identity. The timing of hoax bomb calls or emails obviously indicates a sinister design to disturb the nation, especially when Assembly elections are round the corner in some States. More so when Prime Minister Narendra Modi had started an election campaign in one of the poll-bound States on Friday. While bomb detection and disposal squads found nothing incriminating at any of the hundreds of targeted educational institutions, both public and private, it is pertinent to note that the entire exercise was aimed at creating panic among school managements, students, parents and the administration concerned. That is a scare, which might pose more 'trouble' than a real bomb threat. Though advanced technology, particularly AI, was used, the investigators suspect the use of offshore platforms for the purpose of sending the hoax bomb threats. The tone and tenor of the message indicate that it is the handiwork of Jehadi groups, targeting the 'non-believers'. This is where the international community should come in and evolve a certain 'discipline' to regulate the usage of AI, which has already threatened to cause catastrophic damage all over the world. The very fact that the platforms used to send the threats could not be traced is an indication that more sinister activities are in the pipeline. Govardhana Myneedu,Vijayawada Inhuman to blame dead pilots for the AI171 crash Thishas reference to the delay in investigation and blaming the pilots of the ill-fated Dreamliner aircraft even after their death. It is quite sad that after the release of preliminary report into the AI171 crash at Ahmedabad, the topic has shifted to the cockpit fuel switches. The fact is that experienced and well trained pilots become a source of perfect judgemental knowledge. They use mandatory procedures to prevent errors, including pre-flight, in-flight and post flight procedures. Wasting time about fuel switches and keeping people in a state of confusion with its findings is no good. I sincerely hope that the aviation authorities will invite seasoned pilots from across airlines and try to understand from them about the procedures they follow while flying. Rather than blaming pilots, who have also perished in the crash, the investigators must zero in on the actual cause that led to the accident and put things in the right perspective. The authorities should understand the mental agony of the distraught kin of the 260 crash victims and ensure that they don't rub further salt by floating some bizarre theories. G Murali Mohan Rao Secunderabad-11 Tesla's Indian foray also brings along challenges TodayIndia, the most populated country, is the biggest market in the world. According to a report, the increase in the number of rich people in India may be a matter of pride from the viewpoint of marketism but the reality is that half of the country's population is still dependent on the government! Indeed, Elon Musk is the world's richest man and the products of his branded companies are sold across international markets. Musk wanted to launch the electric car from the stables of Tesla in the Indian market for a long time but due to the high tariff rules and the high prices of his car, his idea was getting postponed. However, Musk's participation in the second term of US President Donald Trump and relaxation of rules by the Indian government, Musk's dream of selling the much-awaited Tesla cars in India has come true. Of course, there is no dearth of people who love foreign cars in the Indian market, though the predominant section is the middle class. Tesla cars are equipped with the latest technology, but the Indian government will not allow Tesla to use all its features on Indian roads because the traffic rules here are not as strong as in foreign countries. Tata, and Mahindra's Indian cars and some foreign makes are also equipped with latest facilities and are present in the Indian market for a long time at half the price, while Tesla's lowest priced car is Rs 60 lakh. I feel that if Musk wants to become an automobile king, then keeping the middle Indian market in mind, he should contemplate launching a normal Indian budget car like Nano. Undoubtedly, the arrival of Tesla cars will bolster the Indian market and the government revenue. With Tesla coming to India, other domestic and foreign car manufacturing companies will provide better facilities to maintain their hold on their customers! Arvind Rawal,Jhabua (MP) Hindi is a unifier, not a national threat Thewrite-up by K Krishna Sagar Rao was candid after the language war in Tamil Nadu, Karnataka and Kerala reignited an unwanted but a predictable and politically motivated debate even after the Centre made it clear that learning Hindi is only an optional subject. When NEP itself supports the three-language formula that is aimed at empowering students with national and global communication tools, one fails to understand the uncalled-for resistance from certain political parties. Ironically, in Mumbai, the powerful promoter of Hindi not just in India but globally through Bollywood, the breakaway Shiv Sena and MNS are creating havoc by beating the aam aadmi for speaking Hindi. This goes to reveal linguistic jingoism that hurts the state's long-term interests. Apparently, opposing Hindi on flimsy political grounds undermines national integration. Political parties must understand that as Hindi is a widely understood medium, it can unite and never be a threat. It is high time; the political class keeps politics out of the language space because Hindi is practical and only a means of connection that illuminates the cultural lamp that unites us as a nation. K R Srinivasan,Secunderabad-3 Shameless war over language Thethrashing of non-Marathi-speaking people in Mumbai by Raj Thackeray's goons in some areas of Mumbai a fewweeks back is a matter of serious concern and a shame to the country's image and the state. Hindi is the official language of India, spoken by nearly 90 per cent of the people. Even those working for a living in other states are also being forced to speak the language of the state, despite Hindi being widely spoken and understood by most of the people. This divisive politics is ruining the lives of poor migrants, who are trying to make an honest living in a city far away from their home. For Raj Thackeray's goons, it does not matter if fathers no longer educate their children or send money for the medical care of the old. If we are to go by Thackeray's argument that non-Marathi people are redundant in Maharashtra, perhaps the party should begin from the top. The Maharashtra Navnirman Sena (MNS) should first banish non-Marathi-speaking film stars, sportspersons, politicians, and entrepreneurs, who live in Mumbai and boost the state's economy. However, the party is unlikely to do this since political leaders stand to gain from the rich and famous. If the non-Marathi entrepreneurs are driven out of Mumbai, some other city will replace it as the financial capital of India. Thackeray should remember that Mumbai did not automatically become the proverbial city of dreams -- it became so because of the contribution of those who migrated to the city. Earlier too, Bihari workers were beaten up in Mumbai by MNS goons, forcing them to leave their place of work. Is this the India of our dreams? These political parties are upending the integrity and the democratic character of the country. How would the Marathi-speaking people feel if they were meted out the same treatment while earning a living in some other state? The wrongdoers must be prosecuted so that no one dares to indulge in such anti-national activities again. Jubel D'Cruz,Mumbai Centre should shun its divisive language push Thisrefers to the article, 'Hindi & politics of regionalism (July 18). The Union government's attempts to impose Hindi as the national language is visible and understood by one and all. It is also a fact that it is one of the ideological goals of the RSS to bring Sanskrit as the administrative language and till such a time Hindi should take the place of national official language as recommended by its founders. The way the union Home minister humiliated those speaking English and the way the Tamil Nadu government is deprived of its due funds for not accepting the tri-language policy further confirms the game plan. But it should be understood that nothing is lost by not learning Hindi, but much is gained by learning English as seen in the youth taking up jobs in many countries with their ability to communicate in English, while youngsters, who only know their mother tongue are rushing to southern states and ending as migrant labourers. By not knowing the southern languages they are neither deprived of their jobs nor do they find it difficult to manage their living down South. Therefore, the Union government should give up its coercive efforts over states to accept its language policy, which, in all certainty, will end up with Hindi being taught as the third language. The general apprehension of the local tongue getting extinct with the entry of Hindi also has relevance. If Sanskrit should be accepted for its ancient roots, then the argument on why not Tamil be treated as the official language as it is more ancient and spoken by crores in many parts of the world? Hindi is just 200 years old, while Tamil has been flourishing for thousands of years. Promoting a language is welcome but imposing directly or indirectly is divisive, which needs to be discouraged. A G Rajmohan,Anantapur-515004 Hindi as the bone of contention Apropos'Hindi and politics of regionalism', either by accident or design, the writer conveniently forgets the attempt by the Hindi heartland to project itself as the keeper of Indian nationalism and culture. Not just language, there are other areas in which they believe their numbers make them the true representatives of Indian cultural heritage. While it may be true that other parties are raising the language issue for their own political gains, all parties, including the BJP, raise issues which they think will fetch them votes. Speaking Hindi in Kerala may not make the speaker a lesser person, but speaking one of the southern languages in the Hindi heartland gets a notorious label or the other. And the less said about the acceptability of the people of Northeastern states to those in the Hindi heartland the better! Anthony Henriques, Mumbai
Hans India
an hour ago
- Hans India
India's electronics exports cross $40 billion: Vaishnaw
Hyderabad: Union Minister Ashwini Vaishnaw on Saturday announced a major leap in India's electronics manufacturing sector, stating that exports have crossed the $40 billion mark — an eight-fold growth over the past 11 years. Domestic electronics production has also increased by 6 times, reflecting a strong upward trajectory in India's digital economy. Speaking at the 14th Convocation of IIT Hyderabad, Vaishnaw attributed this exponential rise to Prime Minister Narendra Modi's strategic vision. 'In just 11 years, we've multiplied electronics production six times and exports eight times. This kind of double-digit CAGR is rare globally,' said Vaishnaw. Highlighting India's advancements in telecommunications, Vaishnaw revealed that the country had successfully developed a complete 4G telecom stack within three and a half years. The stack is now deployed across nearly 90,000 telecom towers, surpassing the network coverage of many developed nations. To enhance innovation, the government has established 100 dedicated 5G labs, providing students with hands-on experience in real-world applications of next-generation wireless technologies. Turning to the semiconductor sector, the minister stated that India is poised to manufacture its first commercial-scale Made-in-India chip within this year. He expressed optimism that India would soon rank among the top five semiconductor-producing nations, highlighting the country's increasing focus on capital equipment and materials crucial for chip manufacturing. Vaishnaw also announced a large-scale talent development initiative aimed at skilling the semiconductor workforce. The Centre has distributed the latest Electronic Design Automation (EDA) tools from global leaders — Cadence, Synopsys, and Siemens — to 270 colleges and institutions. Including startups, the reach extends to 340 institutions. 'No other country has launched a semiconductor talent program of this magnitude,' Vaishnaw remarked. In the transport sector, India's first bullet train is making steady progress, and it is expected to be operational by August or September 2027. Meanwhile, the Indian Railways has already advanced to manufacturing version three of the Vande Bharat train at the Integral Coach Factory in Chennai, showcasing significant strides in indigenous railway engineering. Vaishnaw cited five foundational pillars for India's technological rise — electronics manufacturing, artificial intelligence, semiconductors, the telecom sector, and railways — positioning them as key drivers for the country's next-generation growth and global competitiveness. Let me know if you'd like this adapted into a press release format or designed as a digital feature. Medak MP M Raghunandan Rao and senior officials of the university were present. Later, the minister visited the TiHAN: India's first autonomous navigation testbed for aerial and terrestrial systems of IIT Hyderabad, driving research and innovation in self-driving vehicles and drones.
