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In a first, monsoon rainfall index powers weather derivative trading

MUMBAI, May 30 -- Speculating on rain was popular among citizens of Mumbai in the 1880s. While the practice, akin to betting, was discontinued by then British government in 1887 through an act, it has... Read More


BJP corporator protests school plot handover to private trust

MUMBAI, May 30 -- BJP corporator Rakhi Jadhav on Friday staged a protest in Ghatkopar against the allotment of a BMC school plot to a private educational trust allegedly headed by Shiv Sena (UBT)-back... Read More


mumbai could get 1.3degC hotter, receive 18% more rainfall by 2040

MUMBAI, May 30 -- Mumbai's annual maximum temperature is projected to rise by 1.3degC by 2040, while the city could also witness nearly an additional week of heavy rainfall every monsoon season, accor... Read More


Excavator hits gas pipeline in Dadar, leak sparks panic

MUMBAI, May 30 -- A major gas leak triggered panic in Dadar West on Friday evening after a Mahanagar Gas Limited (MGL) pipeline was accidentally ruptured during excavation work near Portuguese Church,... Read More


1st list for Class 11 out, slight drop in cutoffs

Mumbai, May 30 -- The first list of candidates who have secured admission to class 11 or first year junior college (FYJC) was declared on Friday. Out of the 887,264 students across Maharashtra who sou... Read More


MVA seals deal on 15 out of 17 council seats

MUMBAI, May 30 -- While the ruling Mahayuti alliance continues to grapple with internal differences over seat-sharing for the upcoming legislative council elections, the opposition Maha Vikas Aghadi (... Read More


bldg firm execs booked for defrauding SBI of Rs.6.88 crore

MUMBAI, May 30 -- A city-based construction firm allegedly used a flat already sold to a buyer as collateral for a bank loan and later diverted part of the borrowed funds to clear a partner's income-t... Read More


Antilia bomb scare: SC turns down discharge plea of ex-cop Pradeep Sharma

Mumbai, May 30 -- The Supreme Court on Friday turned down a plea filed by former Mumbai police encounter specialist Pradeep Sharma seeking discharge in the case involving the conspiracy behind plantin... Read More


How the middle-class should adjust to the AI economy

India, May 30 -- For more than three decades, India built one of the most successful middle-class expansion engines in modern economic history by industrialising cognition at scale. Millions of engine... Read More


Deadly heatwave grips Vidarbha, toll rises to 63

NAGPUR, May 30 -- A relentless heatwave across Nagpur and the Vidarbha region has triggered a major public health concern, with 63 suspected heatstroke and sunstroke-related deaths reported over the p... Read More