Paring all early losses, the rupee Thursday rose by 21 paise to 58.92 in late morning deals on fresh dollar selling by banks and exporters, tracking a weakness in the US currency overseas.

Holding that there was no change in India’s stand on the issue of reconciliation and devolution of political powers to ethnic Tamils in Sri Lanka, Prime Minister Manmohan Singh has informed chief minister J. Jayalalithaa that New Delhi will work towards ensuring that Tamils are “masters of their own destiny within framework of a united Sri Lanka.”

Heavy rains Wednesday lashed Mumbai, Konkan and other areas of Maharashtra, prompting the civic agency in the financial capital to advise people to stay at home and schools to shut as a precautionary measure.

Banking shares Wednesday dragged down the stock markets for first time in six days with the benchmark S&P Bombay Stock Exchange (BSE) sensex sliding 211.45 points to 20,090.68 after the RBI took additional steps to tighten liquidity in a bid to curb exchange rate volatility.

Categorically ruling out his resignation in the wake of critical observations by high court in the solar panel case, Kerala chief minister Oommen Chandy Wednesday said the court had not passed any sharp remarks against him as reported by the media.

A Mumbai court Wednesday framed charges against actor Salman Khan for culpable homicide not amounting to murder in the hit-and-run case for which he may face a jail term upto 10 years, setting the stage for trial.

Rising for the fifth straight day, the Bombay Stock Exchange (BSE) benchmark sensex Tuesday closed at over 30-month highs gaining 143 points on earnings-related buying in consumer durables, fast moving consumer goods (FMCG) and banking shares, amid firm global cues.

Eight persons drowned when a Karnataka State Road Transport Corporation bus plunged into Vishnusamudra lake at Belur Tuesday, with police and locals rescuing 40 passengers.

The Bombay Stock Exchange benchmark sensex surged over 173 points in early trade Tuesday extending gains for the fourth straight session on sustained buying by funds amid a firm trend on other Asian bourses.

BJP’s Tamil Nadu unit general secretary V. Ramesh has been hacked to death by unidentified assailants near his house in Salem that sparked an outrage in the party that gave a call for a state-wide bandh on July 22.