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Mumbai News LIVE Updates: US Consul General, Maharashtra CM discuss cooperation in energy and other sectors

Mumbai News LIVE Updates: BMC budget is people-centric; there is no hike in tax, says Dy CM Shinde. We are closing the LIVE blog now

Updated on : 04 February,2025 10:05 PM IST  |  Mumbai | mid-day online correspondent

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Mumbai News LIVE Updates: Rupee recovers 4 paise from all-time low to close at 87.07 against US dollar
The rupee recovered 4 paise from its all-time low level to close at 87.07 against US dollar on Tuesday, as the American currency index retreated from its elevated level after President Donald Trump agreed to pause tariffs on Mexico and Canada. Forex traders said the US dollar index, which had surged past 109.88 level, retreated to 108 level after Trump announced the temporary pause on tariffs for 30 days.

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Mumbai News LIVE Updates: BMC budget is people-centric; there is no hike in tax, says Dy CM Shinde
Maharashtra Deputy Chief Minister Eknath Shinde on Tuesday hailed the Brihanmumbai Municipal Corporation`s budget as "people-centric", and said it has taken care of the common man with a focus on health, education and environment. Addressing a press conference here, Shinde, who is also Urban Development Minister, said there was no rise in any kind of tax or cess in this year`s budget. On the contrary, the revenue has risen by over Rs 7,000 crore.

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Mumbai News LIVE Updates: BMC says cement concretisation of 1,335km roads completed; parking app in offing
The Mumbai civic body on Tuesday said it has completed cement concretisation of about 1,335km roads so far, and the majority of remaining work will be wrapped up by June. Addressing a press conference after the presentation of the civic body`s Rs 74,447 crore budget for FY2025-26, Brihanmumbai Municipal Corporation commissioner Bhushan Gagrani said the BMC has undertaken cement concretisation work of 698 and 1,420 roads in Phases I and II, respectively.

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Mumbai News LIVE Updates: Sensex, Nifty rebounds to settle at one-month high after Trump delays tariff action
Benchmark stock indices Sensex and Nifty rebounded nearly 2 per cent on Tuesday in line with a recovery in Asian peers after US President Donald Trump delayed tariffs on Mexico and Canada for a month. The 30-share BSE Sensex jumped 1,397.07 points or 1.81 per cent to settle at a month`s high of 78,583.81. During the day, it surged 1,471.85 points or 1.90 per cent to 78,658.59.

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