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Thursday,18-September-2025
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Prez, PM condole Mulayam Singh Yadav’s demise

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President Droupadi Murmu, Prime Minister Narendra Modi and Union Road Transport Minister Nitin Gadkari expressed condolences on the demise of Samajwadi Party leader and former Uttar Pradesh Chief Minister Mulayam Singh Yadav.

President Droupadi Murmu in a tweet in Hindi described Yadav as a tall grassroots level leader who rose to prominence from a simple background.

She further described the former defence minister as a leader with extraordinary abilities and said that his demise was a “great loss” to the nation.

Prime Minister Narendra Modi said he was pained by Yadav’s demise and recalled his long association with the socialist leader.

“I had many interactions with Mulayam Singh Yadav Ji when we served as Chief Ministers of our respective states. The close association continued and I always looked forward to hearing his views. His demise pains me. Condolences to his family and lakhs of supporters. Om Shanti,” he tweeted.

“He was widely admired as a humble and grounded leader who was sensitive to people’s problems. He served people diligently and devoted his life towards popularising the ideals of Loknayak JP and Dr. Lohia,” the Prime Minister tweeted further.

Minister for Road Transport and Highways Nitin Gadkari offered his condolences to Yadav’s family and recalled that he personally received lots of affection from the departed leader.

Gadkari said that he got Yadav’s full support for his policy initiatives on regularising e-rickshaws in the country.

Congress Rajya Sabha MP Jairam Ramesh described Mulayam Singh Yadav as a stalwart Lohiaite, who had admirers across political spectrum.

“Mulayam Singh Yadav was a stalwart Lohiaite but had admirers across political spectrum. His tenures as CM of UP were very consequential. He played a key national role on 2 occasions: Deve Gowda & Gujral govts as Defence Min,& in 2002 when he proposed APJ Abdul Kalam for President,” Ramesh tweeted.

Maharashtra

Mumbai Rains: Water Stock Level From City’s Seven Lakes Reaches 99.02%; Konkan Region On Yellow Alert

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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.

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Maharashtra

Mumbai: Man Arrested For Defacing Meenatai Thackeray Statue With Red Oil Paint At Shivaji Park, Dadar

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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.

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Business

Fed Finally Cuts Interest Rates, But What’s Next For India’s Markets & Gold Prices?

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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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