In a severe blow to Board of Control for Cricket in India (BCCI) and its president-in-exile N. Srinivasan, the Bombay high court Tuesday held as “illegal and unconstitutional” the two-member probe panel set up by it to look into spot-fixing and betting charges in the IPL tournament.

Reserve Bank Tuesday cautioned that rupee depreciation will have adverse impact on prices of fuel and manufactured products in the coming months even as it aims to keep inflation at five per cent by March end.

The proposal to merge two Rayalaseema districts with the 10 Telangana districts to form Rayala Telangana seems to have replaced Hyderabad as the most contentious issue in the state’s impending divisio

Paving the way for commissioning of the Kudankulam Nuclear Power Plant (KKNPP), the Madras high court on Monday dismissed two public interest litigations against completing the project without complyi

Reserve Bank of India’s (RBI) growth concerns, month-end dollar demand from importers and outward remittance from corporates dragged down the rupee by a whopping 106 paise to three-week low of 60.47, wiping out all the gains notched up on central bank’s recent liquidity tightening steps.

The benchmark S&P Bombay Stock Exchange sensex tanked a whopping 402 points to close at a two-week low of 19,748.19, breaking four weeks of uptrend, following disappointing Q1 results amid steps taken by the central bank to stem the rupee fall.

Defending the decision to double gas prices from next fiscal, oil minister M. Veerappa Moily Friday said the government cannot afford a “timid mindset” while taking policy decisions of national importance.

The Bombay Stock Exchange (BSE) benchmark sensex Friday slid for the third straight day by losing 56 points to a fresh two-week low 19,748.19 on selling in HUL and Tata Motors shares, amid nervousness in rate-sensitive sectors ahead of the RBI credit policy review next week.

Shiv Sena Friday deprecated BJP MP Chandan Mitra’s demand for stripping Nobel Laureate Amartya Sen of Bharat Ratna over his comments on Gujarat chief minister Narendra Modi but advised the seasoned economist “not to poke his nose” into politics.

Dragged down by losses in stocks of fast moving consumer goods (FMCG) giants ITC and HUL, the benchmark S&P Bombay Stock Exchange (BSE) sensex Thursday dropped 286 points to end below the 20,000 mark at a two-week low of 19,804.76.