National News
PM Modi Set To Lay Foundation Stone Of Projects Worth Over Rs 29,400 Crore In Mumbai Today

New Delhi: Prime Minister Narendra Modi is set to embark on his visit to Mumbai, Maharashtra today.
This will be Narendra Modi’s first visit to Mumbai since taking the oath as Prime Minister for the third consecutive term on June 9, following the National Democratic Alliance (NDA)’s victory in the Lok Sabha polls.
About PM Modi’s Visit To Mumbai
Around 5:30 p.m., the Prime Minister will arrive at the NESCO Exhibition Centre, Goregaon, Mumbai, where he will launch, dedicate to the nation, and lay the foundation stone for multiple projects related to the road, railways, and ports sector worth more than Rs 29,400 crore.
At approximately 7 p.m., Prime Minister Modi will visit the Indian Newspaper Society (INS) Secretariat at G-Block, Bandra Kurla Complex, Mumbai to inaugurate the INS Towers. The new INS building will fulfil the evolving needs of INS members for a modern and efficient office space in Mumbai, serving as the nerve centre for the newspaper industry in the city.
The Prime Minister is also set to lay the foundation stone for tunnel work at the Goregaon Mulund Link Road (GMLR) Project, worth over Rs 6,300 crore.
About The Goregaon Mulund Link Road Project
The GMLR envisages road connectivity from the Western Express Highway at Goregaon to the Eastern Express Highway at Mulund. The total length of the GMLR is approximately 6.65 kilometres and will provide direct connectivity for the Western suburbs to the new proposed airport at Navi Mumbai and the Pune-Mumbai Expressway.
Prime Minister Modi will also lay the foundation stone for the Kalyan Yard Remodelling and Gati Shakti Multi-Modal Cargo Terminal at Turbhe in Navi Mumbai. The Kalyan Yard will help in the segregation of long-distance and suburban traffic.
The remodelling will increase the yard’s capacity to handle more trains, reducing congestion and improving the efficiency of train operations. The Gati Shakti Multi-Modal Cargo Terminal in Navi Mumbai will be built on an area of more than 32,600 sq m and will provide additional employment opportunities to the local people, serving as an additional terminal for handling cement and other commodities.
The Prime Minister will dedicate to the nation the new platforms at Lokmanya Tilak Terminus and the extension of Platforms No. 10 and 11 at Chhatrapati Shivaji Maharaj Terminus Station. The new, longer platforms at Lokmanya Tilak Terminus can accommodate longer trains, allowing for more passengers per train and improving the station’s capacity to handle increased traffic. Platforms No. 10 and 11 at Chhatrapati Shivaji Maharaj Terminus Station have been extended by 382 meters with a cover shed and washable apron, augmenting the trains to up to 24 coaches and thus increasing passenger capacity.
Prime Minister Modi will also launch the Mukhyamantri Yuva Karya Prashikshan Yojana with an outlay of around Rs 5,600 crore. This transformative internship program aims to address youth unemployment by providing opportunities for skill enhancement and industry exposure for youth aged 18 to 30 years.
Maharashtra
Mumbai Rains: Water Stock Level From City’s Seven Lakes Reaches 99.02%; Konkan Region On Yellow Alert

Mumbai: The city wakes up to gloomy skies and water stocls reaching at 224,636 million litres (ML), reaching 99.02% of the total capacity. According to the 6:00 AM report on September 18, 2025, the seven lakes supplying water to Mumbai are holding near-maximum levels, ensuring a secure water supply for the coming months.
Upper Vaitarna recorded a water level of 603.81 meters, showing a slight rise of 0.02 meters, with live storage at 224,636 million litres (ML). Modak Sagar remained steady at 163.15 meters with 128,910 ML storage, while Tansa lake showed no change at 128.54 meters, storing 143,416 ML. Middle Vaitarna stood at 284.44 meters with 191,059 ML, reflecting a minor drop of 0.12 meters.
Together, the Upper Vaitarna group accounts for 688,022 ML. Bhatsa, the largest contributor, recorded 141.79 meters with 709,355 ML, while Vehar and Tulsi stood at 80.28 meters and 139.20 meters respectively, holding 27,698 ML and 8,046 ML. In total, Mumbai’s reservoirs currently hold 1,433,121 ML of water.
Officials highlighted that water release from Upper Vaitarna began on August 21, and several dams have overflowed in recent weeks. At the Bhandup Complex, no fresh rainfall was recorded today, but seasonal totals stand at 2,698 millimeters.
A look back over the past five years shows that 2025 is among the healthiest seasons for reservoir storage. Current levels are at 99.02 percent, surpassing 2020’s 92.38 percent, 2021’s 86.86 percent, 2022’s exceptional 96.91 per cent, 2023’s 83.01 per cent, and 2024’s late August surge to 94.87 per cent. The most recent time Mumbai’s seven major lakes supplying drinking water reached 99% full before today was around 1 October 2024, when the water stock was reported at 99.37% capacity.
Mumbai woke up to calmer weather on Thursday after days of intense downpours that caused traffic snarls and waterlogging across the city. Weather conditions across Mumbai and its surrounding areas are forecast to remain manageable today. The India Meteorological Department predicts mostly cloudy skies with light to moderate rain in Mumbai, with daytime temperatures around 28 degrees Celsius and minimums near 25 degrees. Thane and Navi Mumbai will see similar patterns, while Palghar expects light to moderate showers.
The Konkan belt, including Raigad, Ratnagiri, and Sindhudurg, remains under a yellow alert for isolated heavy showers and gusty winds. With reservoirs nearly full and subdued rainfall expected, Mumbaikars can look forward to stable water supply and fewer disruptions compared to the chaotic scenes earlier this week.
Maharashtra
Mumbai: Man Arrested For Defacing Meenatai Thackeray Statue With Red Oil Paint At Shivaji Park, Dadar

Mumbai: The statue of late Meenatai Thackeray, the wife of Shiv Sena founder Bal Thackeray, at Shivaji Park was defaced with red oil paint, leading to the arrest of a man on Wednesday evening who was identified through CCTV cameras. The accused has been identified as Upendra Pawaskar, an official said, adding that the suspect is being interrogated.
An FIR has been registered at Shivaji Park police station under BNS section 298 (destroying, damaging, or defiling a place of worship or a sacred object held by a class of people).
The incident occurred around 6.30 am, leaving red stains on the statue and its surroundings, sparking outrage among Shiv Sena (UBT) workers who quickly gathered at the spot and launched a protest. Reacting sharply, UBT chief Uddhav Thackeray slammed the move as “highly condemnable,” warning it could be a ploy to create unrest in Maharashtra.
“Such acts are usually done by stray elements who are ashamed even to take the names of their own parents, or by those trying to replicate attempts to disturb peace as seen in Bihar recently, where PM Narendra Modi’s mother was insulted,” Thackeray said.
Chief Minister Devendra Fadnavis also denounced the defacement, assuring that police would thoroughly investigate and arrest the culprits. “We will not allow this to be given any political colour. Police will take strict action against whoever is behind this,” he said.
Deputy Chief Minister Eknath Shinde stated that he had personally spoken to the Police Commissioner and Joint Commissioner of Police, instructing them to trace the culprits within 24 hours.
Minister of State for Home and Revenue Yogesh Kadam, from the Shinde-led Shiv Sena faction, also condemned the act. Calling Meenatai Thackeray the “matriarch for all Shiv Sainiks,” he noted that the statue had been installed years ago at the instructions of Bal Thackeray, with his father Ramdas Kadam playing a key role in its erection.
MNS chief Raj Thackeray visited the site and directed police officials to check all CCTV footage in the area.
Meanwhile, Sena (UBT) leader and MP Anil Desai blamed the state government for security lapses. “This is nothing but the failure of the government,” he remarked.
As tempers ran high, Shiv Sena (UBT) workers cleaned the statue and its surroundings. Police have stepped up security in and around Shivaji Park to prevent further tension. Authorities are examining CCTV footage from the locality to identify the culprits.
Business
Fed Finally Cuts Interest Rates, But What’s Next For India’s Markets & Gold Prices?

Mumbai: The US central bank (Federal Reserve) has cut interest rates for the first time in 2025. This step is expected to support the US economy. Fed Chairman Jerome Powell said the decision was not due to political pressure, even though President Donald Trump had been demanding a rate cut for a long time.
The Fed has also hinted that it may cut rates two more times this year. This is to help the weak US job market. In the recent two-day meeting, almost all Fed members supported the 25 basis points cut. Only one member, Stephen Miran, voted against it.
Stephen Miran works with the White House and was earlier Trump’s economic advisor. He wanted a bigger cut—50 basis points. Trump had promised rate cuts during his election campaign.
New interest rate: 4 percent to 4.25 percent
Repo operation rate: 4.25 percent
Interest on reserve balance: 4.15 percent
Reverse repo rate: 4 percent
Prime credit rate: 4.25 percent
This US rate cut could help Indian markets. Lower US interest rates may push foreign investors to invest in India for better returns. This could lead to growth in the Indian stock market.
Gold may also get a boost. When interest rates fall, investors often look for safer and better returns—like gold. So gold prices might rise further.
The US job market is still weak. Looking at this and other economic risks, more rate cuts may happen in the coming months.
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