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PM Modi to visit Maharashtra on Oct 8-9, inaugurate Navi Mumbai airport, host UK PM

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Mumbai, Oct 7: Prime Minister Narendra Modi will be in Maharashtra for two days, from October 8 to 9. During this time, he will inaugurate Navi Mumbai International Airport, launch and dedicate various projects in Mumbai, and host UK Prime Minister Sir Keir Starmer.

The Prime Minister will reach Navi Mumbai on Wednesday, and at around 3 p.m., will undertake a walkthrough of the newly built Navi Mumbai International Airport. Thereafter, at around 3.30 p.m., he will inaugurate Navi Mumbai International Airport and also launch and dedicate various projects in Mumbai. He will also address the gathering on the occasion.

PM Modi, on October 9, will host the UK Prime Minister in Mumbai. At around 1.40 p.m., the Prime Ministers of both countries will attend the CEO Forum at Jio World Centre, Mumbai. Thereafter, at around 2.45 p.m., both of them will attend the 6th edition of the Global Fintech Fest. They will also deliver keynote addresses at the Fest.

Phase 1 of Navi Mumbai International Airport (NMIA), which will be inaugurated by PM Modi, has been built at a cost of around Rs 19,650 crore in line with his vision of transforming India into a global aviation hub.

The Navi Mumbai International Airport is India’s largest Greenfield airport project, developed under a Public–Private Partnership (PPP). As the second international airport for the Mumbai Metropolitan Region, NMIA will work in tandem with Chhatrapati Shivaji Maharaj International Airport (CSMIA) to ease congestion and elevate Mumbai into the league of global multi-airport systems. The airport, designed to be among the most efficient in the world with 1160 Ha area, will eventually handle 90 million passengers annually (MPPA) and 3.25 million metric tonnes of cargo.

Among its unique offerings is an Automated People Mover (APM), a transit system planned to connect all four passenger terminals for smooth inter-terminal transfers, as well as a landside APM linking the city-side infrastructure. In line with sustainable practices, the airport will feature dedicated storage for Sustainable Aviation Fuel (SAF), solar power generation of approximately 47 MW, and EV bus services for public connectivity across the city. NMIA will also be the first airport in the country to be connected by Water Taxi.

PM Modi will inaugurate Phase 2B of the Mumbai Metro Line-3, stretching from Acharya Atre Chowk to Cuffe Parade, constructed at an estimated cost of around Rs 12,200 crore. With this, he will dedicate the entire Mumbai Metro Line 3 (Aqua Line) — to the nation, built at a total cost of over Rs 37,270 crore, marking a major milestone in the city’s urban transport transformation. As Mumbai’s first and only fully underground metro line, this project is set to redefine commuting across the Mumbai Metropolitan Region (MMR), offering a faster, more efficient, and modern transit solution for millions of residents. The Mumbai Metro Line–3, spanning 33.5 km from Cuffe Parade to Aarey JVLR with 27 stations, will cater to 13 lakh passengers daily.

The final Phase 2B of the project will provide seamless connectivity to South Mumbai’s heritage and cultural districts, such as Fort, Kala Ghoda, and Marine Drive, along with direct access to key administrative and financial hubs, including the Bombay High Court, Mantralaya, Reserve Bank of India (RBI), Bombay Stock Exchange (BSE), and Nariman Point. The Metro Line-3 has been designed to ensure efficient integration with other modes of transport, including railways, airports, other metro lines, and monorail services, thereby enhancing last-mile connectivity and reducing congestion across the metropolitan region.

PM Modi will also launch ‘Mumbai One’ – Integrated Common Mobility App for 11 Public transport Operators (PTO) across Metro, Monorail, Suburban railways and Bus PTOs. These include Mumbai Metro Line 2A & 7, Mumbai Metro Line 3, Mumbai Metro Line 1, Mumbai Monorail, Navi Mumbai Metro, Mumbai Suburban Railway, Brihanmumbai Electric Supply and Transport (BEST), Thane Municipal Transport, Mira Bhayander Municipal Transport, Kalyan Dombivali Municipal Transport and Navi Mumbai Municipal Transport.

Mumbai One App offers commuters a range of benefits, including integrated mobile ticketing across multiple Public Transport Operators, elimination of queueing by promoting digital transactions, and seamless multimodal connectivity through a single dynamic ticket for trips involving multiple transport modes. It also provides real-time journey updates on delays, alternative routes, and estimated arrival times, along with map-based information on nearby stations, attractions, and points of interest, and an SOS feature to ensure commuter safety. Together, these features enhance convenience, efficiency, and security, transforming the public transportation experience across Mumbai.

The Prime Minister will also inaugurate the Short-Term Employability Program (STEP), a pioneering initiative by the Department of Skill, Employment, Entrepreneurship, and Innovation in Maharashtra. The programme will be rolled out across 400 Government ITIs and 150 Government Technical High Schools, marking a major step in aligning skill development with industry requirements to enhance employability. STEP will establish 2,500 new training batches, including 364 exclusive batches for women and 408 batches in emerging technology courses such as Artificial Intelligence (AI), Internet of Things (IoT), Electric Vehicles (EV), Solar, and Additive Manufacturing.

On October 9, PM Modi will host UK Prime Minister Sir Keir Starmer. This will be Starmer’s first official visit to India.

During the visit, the two Prime Ministers will take stock of progress in diverse aspects of the India-UK Comprehensive Strategic Partnership in line with ‘Vision 2035’, a focussed and time bound 10-year roadmap of programmes and initiatives in key pillars of trade and investment, technology and innovation, defence and security, climate and energy, health, education and people to people relations.

Both leaders will engage with businesses and industry leaders on opportunities presented by the India-UK Comprehensive Economic and Trade Agreement (CETA) as a central pillar of the future India-UK economic partnership. They will also exchange views on issues of regional and global importance. The leaders will also engage with industry experts, policymakers and innovators.

Prime Minister Modi and UK PM Starmer will also participate in the 6th edition of the Global Fintech Fest at Jio World Centre, Mumbai and deliver keynote addresses on the occasion.

Global Fintech Fest 2025 will bring together innovators, policymakers, central bankers, regulators, investors, academicians, and industry leaders from around the world. The conference’s central theme, ‘Empowering Finance for a Better World’ – Powered by AI, Augmented Intelligence, Innovation, and Inclusion, highlights the convergence of technology and human insight in shaping an ethical and sustainable financial future.

This year’s edition is expected to attract a footfall of over 1,00,000 participants from more than 75 countries, making it one of the world’s largest fintech gatherings. The event will feature participation from around 7,500 companies, 800 speakers, 400 exhibitors, and 70 regulators representing both Indian and international jurisdictions.

Among the participating international institutions are renowned regulators such as the Monetary Authority of Singapore, the Deutsche Bundesbank of Germany, Banque de France, and the Swiss Financial Market Supervisory Authority (FINMA). Their participation underscores GFF’s growing stature as a global forum for financial policy dialogue and cooperation.

Crime

Delhi Police arrest three in illicit liquor supply case

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New Delhi, Aug 22: In a major crackdown on the illegal transportation and supply of liquor, the Anti-Auto Theft Squad (AATS) team of the North-East District of Delhi Police arrested three persons and recovered 778 quarters of Haryana-marked illicit liquor along with two taxis allegedly used to transport the consignment.

The action was carried out on August 21, 2026, after Head Constable Deepak, along with Head Constable Anuj and Constable Mukesh, was conducting area patrolling duty near Maujpur Chowk.

At around 6:30 a.m., the police team received information from a secret informer that two taxis carrying illicit liquor from Haryana would arrive near Seelampur Metro Station. The taxis’ numbers were also shared by the informer.

Acting on the information, the police team reached the location. At around 7:30 a.m., both taxis arrived and were intercepted. Three persons were apprehended, while another individual reportedly managed to flee from the spot.

A search of the vehicles led to the recovery of 399 quarters of illicit liquor from taxi HR55AX3345 and 379 quarters from taxi DL1ZD5015, taking the total recovery to 778 quarters.

The arrested accused have been identified as Vinit Chauhan (35), owner of taxi bearing number — HR55AX3345; Akash Sharma (25), driver of taxi bearing number — DL1ZD5015; and Vishal (23), who was allegedly accompanying the other accused.

During interrogation, the accused reportedly disclosed information about the source of the illicit liquor. Police are verifying the information and conducting further investigation to identify other individuals allegedly involved in the supply chain.

A case has been registered as FIR No. 288/26 under Section 33 of the Delhi Excise Act at Seelampur Police Station. Police said none of the three arrested accused has any previous criminal involvement on record. Further investigation is underway, according to police.

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Business

Banks raise $72.8 billion in forex inflows till Aug 21, FCNR(B) deposits reach $65.4 billion: RBI

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New Delhi, Aug 22: The Reserve Bank of India (RBI) on Saturday said that authorised dealer banks have raised a massive $72.848 billion in forex inflows till August 21, and a major chuck came from FCNR (B) deposits at $65.397 billion.

External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) under Reserve Bank’s Swap facility helped raised another $7.451 billion till August 21.

RBI had introduced a special USD-INR forex swap facility covering FCNR(B) deposits, ECB and OFCB inflows on June 8, 2026.

“As already announced vide Press Release dated August 14, 2026, the Scheme is open till August 31, 2026 for FCNR(B) deposits, and up to December 31, 2026 for ECBs and OFCBs,” The Research Bank said in a statement.

The massive foreign inflows arrive as Indian banks have stepped up their efforts to attract FCNR(B) deposits by offering higher interest rates after the Reserve Bank of India (RBI) suddenly cut short the deadline for its dollar-rupee swap window to August 31, from September 30.

The swap facility, announced in June to boost the inflow of dollars amid a weakening rupee, was originally available until the end of September, but the RBI abruptly shortened this by a month due to the “encouraging response” to the facility, which resulted in the required amount of foreign exchange flowing into the country.

While there may be valid reasons to justify an early closure of the RBI’s FCNR(B) deposit scheme, the most likely reason could be that the target for dollar mobilisation has already been achieved with inflows at $57 billion, and another $25-30 billion could easily flow in the remaining days of August, taking the total collections to around $85 billion, an SBI Research report said earlier this week.

According to the SBI report, “we don’t believe that the cost of swap could have been a constraining factor”.

“Our estimates show that the cumulative cost would amount to around 15 per cent of the corpus, or $10.5 billion. While this appears sizeable in absolute terms, it needs to be viewed against the scale of India’s foreign-exchange reserves rather than the FCNR(B) corpus alone,” the report argued.

Meanwhile, foreign exchange reserves jumped $9.905 billion to $716.90 billion during the week ended August 14, according to data released by the Reserve Bank of India (RBI) on Friday. The latest increase comes a week after the country’s forex reserves had surged by $14.1 billion to $707 billion, marking their highest level in the current financial year.

The rise in reserves was supported by inflows under the RBI’s FCNR(B) deposit scheme, which began to reflect in the country’s foreign exchange reserves.

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National News

CJP vs villagers: Rajasthan school shifted within 24 hours in Jaipur

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Jaipur, Aug 22: A day after a dispute between the Cockroach Janata Party (CJP) and villagers of Rampura over an inspection of a government school in Jaipur escalated into allegations of assault, intimidation and a law-and-order breakdown, the government school was shifted to a building about 50 metres away, within 24 hours of Friday’s clash.

After the confrontation, CJP founder and convenor Abhijeet Dipke had warned of an escalation stating that he would sit on a dharna in Jaipur if steps weren’t taken within 48 hours to improve the condition of the school.

The Rampura government school was shifted to a house in the village on Saturday morning. More than 16 children were present at the new location along with two teachers.

The room being used for classes had previously operated as a grocery shop. At the time of inspection, some children were also seen studying outside in the Sun.

A blackboard had been placed outside one of the rooms, while the room itself contained a storage chest and other belongings.

Children also reported that the ceiling fan inside the room was not working, leaving them uncomfortable in the heat.

On Saturday morning, both sides filed complaints against each other at Shivdaspura police station, accusing one another of assault and creating a ruckus.

Both parties have also alleged that police personnel are putting pressure on them.

CJP national spokesperson Ashutosh Ranka alleged that party workers were assaulted in the village on Friday and that their clothes were torn. He demanded the immediate arrest of those responsible.

Ranka further alleged that people from outside the village were brought in for the attack and claimed that some of those involved were later seen with local BJP MLA Kailash Verma. He described the incident as a “pre-planned attack” and alleged that stones were used with the intention of causing serious harm.

According to Ranka, police personnel were not present at the spot despite repeated attempts to contact them. He said the CJP has made videos of the incident public and demanded an impartial investigation by the Rajasthan Police.

Ranka also alleged that Pratap Nagar police were intimidating him and putting pressure on him. He claimed police personnel were questioning CJP workers about him and his family.

In their complaint to the police, villagers alleged that the CJP had disturbed the atmosphere in Rampura.

They claimed that the arrival of a large number of people, allegedly carrying weapons, created fear in the village and that children were now frightened to attend school.

The villagers have denied the allegations made by CJP workers and sought action over what they described as intimidation and disorder.

Villagers said they want the government to reconstruct the school building at the earliest so that classes can resume properly within the village.

Reacting to the developments, Ranka said the CJP would not be intimidated and would continue its ‘School Thik Karo’ campaign over the condition of government schools.

He alleged that Education Minister Madan Dilawar would face embarrassment over the condition of Rajasthan’s schools and said he would personally visit schools again.

Ranka also said the CJP’s demand could now extend beyond school-related issues to seeking Dilawar’s resignation.

Meanwhile, Dilawar posted on social media that continuous efforts were being made to strengthen government schools in Rajasthan, including infrastructure development, construction and repairs, smart classrooms, laboratories and other essential facilities.

The allegations made by both sides have yet to be independently established.

The police investigation and the FIRs filed by the two parties are expected to determine the sequence of events and responsibility for Friday’s clash.

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