Mumbai Facelift Is Inspired by 200-Year-Old New York Blueprint
Citylab
Indian officials are spending billions to revamp the country's financial capital and subpar infrastructure.
Mumbai doesn't necessarily look the part of a major financial capital.
India's seaside metropolis is riddled with torn-up roads. Monsoon flooding inundates areas near the stock exchanges and transforms even the ritziest neighborhoods into lakes. And traffic is so extreme that Mukesh Ambani, Asia's richest person, sometimes commutes to work on a helicopter, dodging half-finished skyscrapers and a mishmash of construction projects.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
3 minutes ago
- Bloomberg
Thaksin Touts Golden Visa, Higher Travel Fees to Boost Thailand
Former Thai Prime Minister Thaksin Shinawatra suggested the country create a golden visa scheme for wealthy foreigners to become long-term residents and called on Airports of Thailand Pcl to hike passenger service fees to boost the sluggish economy. The golden visa scheme could potentially bring in the equivalent of Thailand's $500 billion economy, Thaksin said in a speech at the 'Unlocking Thailand's Future' conference in Bangkok on Thursday evening. He suggested the country could attract 600,000 people who would deposit $1 million apiece for the visa. In return, they'd get rights to buy property in Thailand, helping the real estate sector, with the proceeds to fund education for Thai people.
Yahoo
32 minutes ago
- Yahoo
Mexico's Bimbo to invest $2 billion in the country through 2028
MEXICO CITY (Reuters) -Mexican breadmaker Grupo Bimbo will invest $2 billion in seven Mexican states through 2028, Bimbo's Mexico head Jose Manuel Gonzalez said on Thursday during President Claudia Sheinbaum's morning press conference. The investment will go towards strengthening Bimbo's infrastructure in the Latin American country, the executive said. "We believe that we will not be affected if any tariffs are imposed by the U.S.," Gonzalez added when asked about the possible effects of U.S. tariffs on Mexican imports that are set to go into effect on August 1. U.S. and Canada are Grupo Bimbo's primary market accounting for nearly 50% of its sales.
Yahoo
32 minutes ago
- Yahoo
American Water Participates in Companywide Fly-In to Meet with Congressional Leadership to Discuss Solutions to Water and Wastewater Infrastructure Challenges
CAMDEN, N.J., July 17, 2025--(BUSINESS WIRE)--American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., today announced its participation in a companywide fly-in to strengthen relationships with policymakers and discuss potential solutions to vital water and wastewater infrastructure needs across the nation. American Water President and Chief Executive Officer John Griffith and Executive Vice President and Chief Operating Officer Cheryl Norton, along with state leadership from Illinois, Indiana, Iowa, Kentucky, Maryland, Missouri, New Jersey, Pennsylvania, Tennessee, Virginia, and West Virginia, engaged in a series of meetings with Congressional leadership in Washington, D.C. "This is a pivotal moment for water from PFAS to lead and copper to aging infrastructure," said Griffith. "As a leading provider of water services across the U.S., we recognize the importance of discussing sustainable, long-term solutions that address the needs of our communities with our country's leaders." This year's fly-in underscored the need for significant investment in water infrastructure, especially given the American Society of Civil Engineers' (ASCE) 2025 Report Card for America's Infrastructure. The nation's drinking water systems received a grade of "C-" and wastewater systems a grade of "D+," highlighting the serious challenges facing U.S. water and wastewater utilities. American Water leadership hosted discussions with representatives from more than 40 congressional offices focused on policy issues that affect water utilities, investment in water and wastewater infrastructure, the future of clean water access and other key legislative priorities. With over 14 million people served in 14 states and on 18 military installations, American Water is committed to addressing water and wastewater challenges through significant capital investments in infrastructure repairs and upgrades, planning to invest $40-$42 billion over the next 10 years. For more information about American Water's ongoing initiatives, please visit About American WaterAmerican Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit and join American Water on LinkedIn, Facebook, X and Instagram. View source version on Contacts Media Contact: Alicia BarbieriDirector, Corporate Communications and External Affairs(856)
