The Mumbai Daily

Dry day observed across Ernakulam

Police initiate school safety analysis using 12-point questionnaire in Kochi

Partially collapsed water tank sparks safety concerns

US-Iran peace deal news LIVE: Iranian govt will collapse as a result of the military campaign, says Israel PM Netanyahu

US-Iran peace deal news LIVE: Israeli Prime Minister Benjamin Netanyahu says he believes the Iranian government will collapse as a result of the military campaign.

Goose concert attendee dies after fatal fall from upper level at Madison Square Garden

A 51-year-old man died after falling from Madison Square Garden’s upper level during a Goose concert in New York. Authorities are investigating the incident as the band and venue expressed condolences.

Japanese firm Kokuyo sets record by holding India's largest workplace chair yoga in Nagpur

Kokuyo Workplace India Ltd said it brought together 594 employees and their family members, and claimed to have entered the Asia Book of Records by hosting India's largest workplace chair yoga and wellness session at its Nagpur manufacturing facility

Denny’s makes major menu change, launches all-day dining at 1,200 locations

Denny’s is rolling out a new all-day menu across more than 1,200 locations, allowing customers to order selected breakfast, lunch and dinner favourites at any time starting 24 June.

As Delhi EV Policy 2.0 nears, auto industry for phasing out older 2Ws

Says modern BS-VI compliant 2Ws are equipped with advanced electronic fuel injection that has zero emission so need no ban

Commerce Dept begins charting export roadmaps for 20 priority markets chasing $1 trillion target

Exporters were asked to identify market access hurdles, sustainability norms and supply chain bottlenecks for each market

AI may have fueled Wall Street rally, but Jamie Dimon warns a ‘little tsunami’ is heading for the economy

Despite global challenges, Wall Street remains optimistic, with US stocks reaching new highs driven by an AI boom. However, JPMorgan CEO Jamie Dimon expresses caution. Here's what he is not fully buying into the market's optimism. 

A stock trader’s guide to navigating a rare ‘Super El Niño’

Investors are reassessing holdings as climate risks rise with a possible Super El Niño impacting agriculture and energy sectors. The situation poses inflationary risks and challenges for central banks, complicating the current equity market environment.

US-Iran peace deal: How are falling crude oil prices likely to impact petrol, diesel prices?

US-Iran peace deal: Brent crude prices edged higher on Friday but remained on track for a weekly decline of nearly 8%, as a ceasefire agreement between Israel and Hezbollah eased some geopolitical concerns

‘Cannot share tea with a govt that has failed on all fronts’: MVA skips customary meet

MVA leaders boycotted Maharashtra's tea meeting, citing failures in drought preparedness, farm loan waivers, corruption, and rising narcotics trade.

As monsoon raises tree-fall fears, residents geo-tag vulnerable trees ahead of BMC survey

The photographic evidence, complete with location coordinates, will be submitted to the Brihanmumbai Municipal Corporation (BMC) and placed before the Bombay High Court ahead of a court-directed joint inspection scheduled on June 25

25-year-old rider killed in hit-and-run

According to the police, the victim, Shahabuddin Naushad Khan, 25, and Haqik Khan were travelling from Mumbra to Bandra when the accident occurred around 5 am on the southbound carriageway of the Eastern Express Highway near the Airoli bridge descent in Nahur East.

BEST strike called off after govt agrees to pay hike, releasing pending gratuity payments

The unions had raised a series of demands, including the absorption of wet-lease employees into BEST, procurement of 5,000 BEST-owned buses, fresh staff recruitment, promotions for senior employees and protection of BEST properties from sale or long-term lease.

Eatery demolished after 124 fall ill in food poisoning outbreak

According to police, those affected had consumed shawarma, pizza and falooda from Famous Shawarma in Khandu Pada, Bhiwandi, on Wednesday night. Several customers developed symptoms the next morning and were rushed to hospital.

Trump threats shake up U.S.-Iran talks in Switzerland; negotiators expect to work through night

The U.S. wants Iran locked into negotiations over its nuclear programme amid concerns it may be used for military purposes, which Iran denies

People caught vandalizing Washington Reflecting Pool to be fully prosecuted, U.S. Attorney Pirro says

President Donald Trump has blamed ⁠vandalism for recent problems with the newly renovated pool, including its new blue paint peeling off

West Asia war LIVE updates: Iranians walk out of talks venue after Trump threat

A diplomat with knowledge of the talks, however, told AFP that the Iranians had not quit the negotiations

SBI tells the market it is worth a whole lot more

SBI looks to monetize home loan pools to boost credit as deposits lag

India's securitization market is relatively small, of which retail home loans account for an even tinier share. While experts do see the proposal being far from easy to implement, the bellwether's move in this direction is seen significantly lifting sentiment in the securitization market.

CS Setty says SBI deserves a better valuation. The market is starting to agree.

Investors are finally beginning to recognise SBI’s transformation, SBI Chairman CS Setty agrees.

Kotak Bank open to acquisitions at right price; Focus on profitability over market share, says Wholetime Director Kashyap

Kotak Bank prioritises profitability over market share, open to acquisitions that align culturally and technologically, says Director Kashyap.

NHB probing Aavas Financiers

Indian banks turn cautious on MSME lending

Banks seek RBI clarity on leveraged FCNR deposits

SBI-Telangana face-off Over 5-acre land in Hyd raises stakes for both sides

SBI on Friday secured a stay from the Telangana High Court on the auction of the land by the Telangana Industrial Infrastructure Corporation (TGIIC), which had earlier allotted the property to the bank.

India remains ADB's largest private sector market; lender eyes $1 bn direct support in 2026

ADB to focus on clean energy, green hydrogen, e-mobility and green data centres as key segments

RBI overhauls Lead Bank Scheme after review, issues new guidelines

The Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines, released on June 19, aim to enhance credit flow to priority sectors and improve access to financial services. A three-tier committee structure has been introduced to strengthen coordination between banks and government agencies, with Lead Banks now appointing dedicated managers to oversee scheme implementation across all districts.

RBI's New ₹50,000 Flexi Kisan Credit Card: How marginal farmers can unlock credit amid revised norms

The revised directions seek to establish a comprehensive framework for providing adequate and timely credit support to farmers and borrowers engaged in agriculture and allied activities.

How a simple checklist can help investors avoid costly stock market mistakes

Michael Shearn argues that long-term investing success comes less from prediction and more from discipline, research and process. By using structured checklists, applying strict investment filters and controlling emotions, investors can reduce costly mistakes and make more rational decisions while focusing on business quality and long-term value creation.