Mumbai milk wholesale price rises by ₹9 per litre from September 1
The Bombay Milk Producers Association has raised the wholesale milk price from ₹93 to ₹102 per litre, with the new rate fixed until February 28, 2027.
Mumbai civic life, transport, business, culture and sport.
The Bombay Milk Producers Association has raised the wholesale milk price from ₹93 to ₹102 per litre, with the new rate fixed until February 28, 2027.
Mumbai recorded 12,503 property registrations in August 2026, up 11% year on year, while stamp duty collections are expected to rise to ₹1,123 crore.
The RBI revised the schedule of its open market operation (OMO) purchase auctions, moving them to 29 January and 5 February. The central bank plans to infuse ₹1 lakh crore via two tranches of ₹50,000 crore each by purchasing government securities through e-Kuber auctions.
Payments infrastructure firm Juspay has raised $50 million from WestBridge Capital, taking its valuation to about $1.2 billion and making it the first Indian startup to reach unicorn status in 2026. The round includes primary and secondary components, offering liquidity to early investors and employees.
The RBI has advanced its planned open market bond purchases, announcing two OMO auctions of ₹50,000 crore each on 29 January and 5 February to inject durable liquidity into the banking system.

India and the European Union have reached a landmark trade agreement that aims to cut or eliminate tariffs on most goods and boost two-way commerce. The pact is expected to deepen economic integration between India and the 27-nation bloc, while formal signing and legal vetting are expected to take several months.
Finance Minister Nirmala Sitharaman participated in the traditional Halwa ceremony on January 27, 2026, marking the start of the final stage of Union Budget 2026-27 preparation ahead of the February 1 presentation. The event also signals the beginning of the confidential ‘lock-in’ period for officials working on the budget documents.
Bank employees under the UFBU held a nationwide strike on 27 January, demanding a five-day work week and implementation of a pending agreement with the IBA. Protesters say a commitment was reached in principle during wage talks, but formal clearance and notification are still awaited.
India has concluded negotiations with the European Union for a comprehensive trade agreement, with officials indicating the text will undergo legal scrubbing for months before formal signing. The commerce secretary said the pact is expected to come into force next year after approvals.
India’s bank unions are set to hold a one-day nationwide strike on 27 January 2026, saying the government has delayed approval for a five-day work week. The protest is expected to disrupt services across multiple types of banks, with unions pointing to earlier agreements and recommendations that remain pending.
Ahead of Budget 2026-27, Deloitte has called on the government to address regulatory and tax frictions that affect the competitiveness of the IFSC at GIFT City. The firm’s pitch focuses on parity, removal of tax asymmetries and clearer compliance to help attract more global banking and capital markets activity.

A flash PMI survey showed India’s private-sector growth strengthened in January 2026 on firmer demand and new orders, encouraging companies to add staff even as some measures remained below the prior year’s average.