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    UP govt to launch district-led economic growth project for Purvanchal region
    J&K Bank, SKIMS sign MoU to expand healthcare access
    ED raid on Greater Mohali development body: AAP accuses BJP of creating fear before Punjab polls
    CGPSC scam: ED files prosecution complaint against former chairman, 6 others
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    Bizspoke Pvt. Ltd. and Sol Production LLP Launch Aria Weddings, a New Luxury Celebrations Venture
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    PROVISIONAL ESTIMATES OF INDEX OF CORE INDUSTRIES FOR THE MONTH OF AUGUST 2026, AND FINAL INDEX FOR THE MONTH OF JULY 2026 WITH BASE YEAR 2022-23.
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September 22, 2026
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District-led economic development will align local resources, enterprise support and export promotion to strengthen regional economic opportunities.
The Uttar Pradesh Enabling District-Led Economic Growth project is proposed to convert district-specific resources into investment, employment, entrepreneurship and export opportunities. Its framework combines economic activity with stronger local administration and major investment proposals suited to local needs. Economic diversification is to expand manufacturing and services alongside agriculture, while local products are to receive improved design, packaging and access to global markets. Proposed measures also include enterprise development, women entrepreneurship, skills training, healthcare, agricultural processing and polyhouse development.
September 22, 2026
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Healthcare access integration enables local outpatient ticketing and appointment booking through banking correspondents, alongside employee banking and patient-support initiatives.
The partnership integrates SKIMS outpatient ticketing and appointment booking with J&K Bank's Banking Correspondent network on a six-month pilot basis, enabling local access for patients in rural and remote areas. J&K Bank serves as SKIMS's banking partner, offers customised employee banking benefits, supports hospital infrastructure through corporate social responsibility assistance, enables public contributions to the poor-patient endowment fund through a mobile application, and provides digital financial literacy and wealth-management programmes.
September 22, 2026
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Money-laundering searches prompt allegations of pressure on an urban development body and disruption of welfare delivery programmes.
Survey and search operations under the Prevention of Money Laundering Act covered 26 premises, including the Greater Mohali Area Development Authority office and the Principal Secretary for Housing and Urban Development. AAP alleged that the action was intended to create fear and pressure among government officers and impede welfare and development initiatives. It described GMADA as a revenue-generating authority whose resources support public welfare, urban infrastructure and planned development.
September 22, 2026
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Public recruitment money laundering allegations include payments, examination-paper access, and recruitment-rule changes allegedly facilitating selected candidates.
Money-laundering proceedings concerning alleged irregularities in public-service recruitment examinations include a prosecution complaint against the former CGPSC chairman and others. Allegations concern payments to facilitate selections, access to examination papers for candidates, and collection of consideration. A former examination official is alleged to have aided a recruitment-rule amendment removing "nephew" from the definition of family, allegedly facilitating selection of relatives. The investigation is linked to an economic-offences FIR, a CBI complaint and related chargesheets.
September 22, 2026
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Five-day banking demand drives a proposed nationwide bank strike after conciliation remains inconclusive during half-yearly closing.
Proposed nationwide three-day bank strike from 28-30 September 2026 follows an inconclusive conciliation meeting. The strike is linked principally to the demand for five-day banking, with reconsideration contingent on concrete and positive progress toward its implementation. Other demands cover pension upgradation, a uniform dearness allowance formula for pensioners, and an option for National Pension System-covered employees to switch to the old pension scheme.
September 22, 2026
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PMLA maintainability turns on whether a private complaint can initiate money-laundering proceedings without a predicate-offence FIR.
Maintainability of PMLA proceedings is contested where the alleged scheduled offence originates in a private complaint rather than an FIR. Respondents contend that a private complaint cannot form the basis for an Enforcement Case Information Report, money-laundering investigation, or prosecution, because the statutory framework recognises predicate-offence action through an FIR or a complaint by a person authorised to investigate.
September 22, 2026
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Related-party transaction disclosure and audit-report compliance proceedings conclude through settlement without admissions by five companies.
Securities-market settlement proceedings concerning five Adani group companies addressed alleged non-compliance with listing-related disclosure and audit-report requirements. Allegations included failure to disclose certain related-party transactions and audit or limited-review reports signed by firms lacking a valid peer review certificate. While adjudication remained pending, the companies proposed settlement without admitting or denying the findings of fact or conclusions of law.
September 22, 2026
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Social media publication of court-related affidavits in pending money-laundering proceedings must not displace submissions through judicial process.
Use of court-related affidavits in pending money-laundering proceedings must remain within the judicial process. The Bombay High Court cautioned Vijay Mallya against publishing on social media an Enforcement Directorate affidavit served on his legal team before its submission to the court, stating that parties should place their submissions before the court and that such publication undermines the efficacy of judicial proceedings.
September 22, 2026
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Related-party transaction disclosure and auditor peer-review compliance failures were resolved through settlement without admissions by listed companies.
SEBI settled adjudication proceedings against five listed companies concerning alleged related-party transaction disclosure failures, corporate-governance compliance, and audit or limited-review reports signed without valid peer review certification. The companies sought settlement without admitting or denying the findings of fact or conclusions of law after a show-cause notice proposed inquiry and penalties. The settlement terms were recommended by the High Powered Advisory Committee, accepted by the Panel of Whole Time Members, and implemented upon receipt of the prescribed settlement amounts.
September 22, 2026
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Luxury wedding venture Aria Weddings integrates planning, production and storytelling to deliver bespoke celebrations across selected destinations.
Aria Weddings is launched by Bizspoke Pvt. Ltd. and Sol Production LLP as a luxury weddings and celebrations venture offering end-to-end planning, design and execution for personalised, experience-led celebrations across India and select international destinations. Its services cover concept development, experience and de cor design, entertainment, production, on-ground execution, photography, films and other visual content.
September 22, 2026
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Related-party transaction disclosure compliance resolves adjudication proceedings concerning alleged listing and audit peer-review certification violations.
SEBI settled adjudication proceedings involving five Adani group companies concerning alleged non-disclosure of certain related-party transactions under listing regulations and the erstwhile listing agreement. The settlement also covered audit or limited-review reports signed by audit firms without valid peer-review certificates, with the entities collectively paying Rs 1.50 crore under the settlement terms.
September 22, 2026
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Money-laundering enforcement includes searches of public-development and housing-administration offices as part of a PMLA investigation.
Enforcement Directorate searches at the Greater Mohali Area Development Authority and the office of Punjab's Principal Secretary for Housing and Urban Development form part of a PMLA investigation. The enforcement action is directed at institutional and official premises connected with public development and housing administration in Punjab, involving a development authority and a senior housing-administration office.
September 22, 2026
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Missing-person FIR registration requires immediate action, while police must account for unidentified-body cremation and missing CCTNS records.
Missing-person investigations require immediate FIR registration upon receipt of information, without a preliminary inquiry, with relevant kidnapping and trafficking provisions incorporated. A missing child must ordinarily be presumed kidnapped or abducted from the outset. Police accountability has been sought over cremation of an unidentified body linked to a missing person, delayed family intimation, and missing recovery details on the CCTNS portal. Recovered persons should undergo Aadhaar verification or enrolment to support identification.
September 22, 2026
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Hub-and-spoke flight security requires strengthened controls after an immigration-processing lapse exposed risks in seamless international passenger transfers.
Hub-and-spoke international flight operations allow passengers to complete check-in, immigration and customs formalities at designated spoke airports before travel to a hub, then board onward international flights without repeat processing while baggage is transferred seamlessly. Security and immigration compliance have been strengthened after an onward passenger transfer occurred without completed immigration procedures. A show-cause notice, staff suspensions and a review of carrier checks and balances form part of the response.
September 22, 2026
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Talent assessment beyond examination results supports early identification, industry immersion, and individualized development for emerging-technology students.
Candidate assessment extends beyond examination results to evaluate passion and ambition, critical thinking and vision, grit and resilience, and empathy and teamwork through a structured six-stage selection process. Each student follows an individualized pathway integrating academic preparation, industry exposure and practical challenges. Students engage with real-world code, production lines and active research projects, supported by academic and industry mentors and an AI-enabled platform that develops independent thought, sound judgment and applied problem-solving.
September 22, 2026
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Women's empowerment and leadership shaped a national image-consulting platform for professional learning, collaboration, recognition and confidence-building.
ILCI Image Fiesta - Season 4 brought together image consultants, professionals and allied experts for knowledge-sharing, collaboration and recognition, with emphasis on women's empowerment, leadership, life skills and professional confidence. Colour Intelligence was unveiled, addressing colour science, psychology and its application to identity, communication, branding and personal image. Educational sessions and panel discussions covered professional presence, entrepreneurship, resilience, behavioural mastery and opportunities for women. The ILCI Image Excellence Awards recognised 17 professionals and organisations across image consulting, styling, beauty, wellness, leadership and related fields.
September 22, 2026
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Narcotics trafficking enforcement targets concealed cross-border and domestic cannabis, cocaine, and amphetamine movement through seizures and arrests.
Enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985 targeted drug trafficking through intelligence-led interceptions of cannabis, charas/hashish, cocaine and amphetamine consignments. More than 845 kg of contraband was seized across rail, road and airport transit points, with 15 persons arrested. Operations addressed cross-border and domestic movement, including concealment in clothing, baggage, commercial cargo, consumer-product containers and textiles, and extended to a receiver and organiser linked to amphetamine trafficking.
September 22, 2026
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Five-day banking demand prompts continued dialogue as employees are urged to avoid strikes and maintain uninterrupted services.
Industrial-relations engagement addresses strike action seeking a five-day banking week and withdrawal of the Performance Linked Incentive scheme. The scheme has been kept in abeyance, while conciliation continues on the five-day workweek demand. Employees are urged to resolve issues through dialogue and maintain uninterrupted banking services. Workforce measures include revised pay scales, welfare benefits, streamlined recruitment and promotions, improved transfers, pension-related benefits, medical insurance, disability-related allowances, and early negotiations for the next Bipartite Settlement.
September 22, 2026
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Preventive Drug Awareness Partnership establishes voluntary youth education, community outreach, and wellness activities without enforcement or policing functions.
The cooperative framework supports preventive drug-awareness campaigns, youth-empowerment initiatives and community outreach programmes through value-based education, awareness of harms associated with narcotic drugs and psychotropic substances, and information on counselling, recovery and treatment avenues. Activities include seminars, workshops, exhibitions, rallies, competitions and digital awareness initiatives, with focus on educational institutions, rural communities and youth. Activities remain voluntary, educational, inclusive and non-regulatory, and participating volunteers cannot perform enforcement, investigation or policing functions.
September 22, 2026
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Core industry index growth is driven by electricity, cement, and iron ore despite contraction across coal, natural gas, and fertilizers.
The Index of Core Industries (ICI), using base year 2022-23, records a provisional overall index of 119.2 for August 2026, representing year-on-year growth of 4.8 per cent against August 2025. The July 2026 overall index has been finalised at 120.8 in place of its provisional value of 121.2, with the associated year-on-year growth revised from 5.4 per cent to 5.0 per cent. August 2026 data remain provisional.

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Matunga Redefines South Mumbai Living with Space, Legacy, and Lifestyle

November 7, 2025

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Discover expansive 3 & 4 Bedroom homes designed for modern family living For decades, Mumbai’s housing story was one of compromise. Families thrived in compact homes, where a two-bedroom apartment was considered aspirational. The location of the home mattered more than its size. But today, that equation is changing. Families are asking a new question, not just “Where is the home?” but “What can the home do for us?” This shift has sparked one of the most significant trends in Mumbai real estate, the rise in demand for larger homes in established neighbourhoods like Matunga. In the first half of 2025, Mumbai’s luxury housing market recorded sales worth ₹14,750 crore, the highest ever for a six-month period. At the same time, 3-4 BHK homes saw prices rise 3-6% year-on-year, while the once-dominant 1 BHK segment saw a 5% drop in pricing, reflecting reduced demand. Properties priced above ₹2 crore now account for 25% of all transactions, up from 22% last year. Behind these numbers is a clear lifestyle shift. Remote work, hybrid schooling, and multi-generational living have made space a necessity. Families now seek homes with dedicated work corners, wellness areas, and privacy for each member and flexibility for the future. Size alone doesn’t define this aspiration. Location continues to play a pivotal role, and Matunga has emerged as one of South Mumbai’s most attractive residential destinations. As migration patterns evolve, many families from the city’s northern suburbs are choosing to move southward drawn by Matunga’s strategic location that sits equidistant from most parts of Mumbai. The area combines easy accessibility with the timeless allure of a South Mumbai address, proximity to the sea, and the prestige of a neighbourhood steeped in heritage. It blends old-world charm with modern convenience, offering proximity to commercial hubs like BKC, Lower Parel, and Fort, while also nurturing a cultural and educational ecosystem with reputed schools and institutions. Adding to its appeal is the rarity of sea-facing residences and the address in Matunga is both contemporary and timeless. In this evolving landscape, Rustomjee 180 Bayview stands out with its expansive 3 BHK (1407 sq. ft.) and 4 BHK (1664 sq. ft.) residences, thoughtfully designed to meet the needs of modern families. Developed by Rustomjee Group, one of Mumbai’s most trusted branded developers, the project offers the assurance of high-quality construction, timely delivery, and a refined residential community. The homes feature expansive layouts that maximise comfort, complemented by balconies. Each residence comes with a separate staff room or study for added flexibility, while all bedrooms are equipped with attached washrooms for privacy and convenience. Elderly-friendly washrooms add a layer of safety, and the columnless layouts ensure interiors remain unobstructed and versatile. Floating decks in bedrooms extend the living experience, while dedicated foyer areas offer enhanced privacy. With a three-side open design and cross ventilation, the homes enjoy abundant natural light and fresh air. Further, Vastu-compliant planning ensures balance and harmony, and separate powder bathrooms cater to guests with ease. Together, these details create residences that are both functional and future-ready, setting a new benchmark in South Mumbai living. Within the development, residents enjoy an elevated lifestyle marked by over 20 premium amenities from a rooftop infinity pool and fitness centre to kids’ indoor and outdoor play zones, a preview theatre, multipurpose hall, and an alfresco deck. Beyond the gates, the vibrant Matunga neighbourhood offers the best of both worlds, leisurely strolls at Shivaji Park, boutique cafés, temples, and cultural landmarks that together create an enriching urban experience. For families upgrading within the island city, Matunga offers both familiarity and prestige. With limited land availability, rising construction costs, and strong demand, the supply of spacious, well-located homes is finite. This scarcity ensures that a 3 or 4 bedroom home in Matunga is more than a lifestyle choice, it is an appreciating asset and a multi-generational legacy. As Knight Frank’s 2025 outlook highlights, premium housing growth is fuelled by younger affluent buyers, wealth transfers, and the rising importance of space and amenities. In this context, Matunga’s spacious homes are not just square footage, they are foresight, flexibility, and security for the future. In a city where every square foot is precious, choosing a larger home in South Mumbai is no longer about indulgence. It is about redefining comfort, creating balance, and securing a legacy that will endure. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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