A bill to replace the word “Bombay” with “Maharashtra” in the short titles of as many as 39 acts that are specified in the bill was introduced in the state legislative Assembly last week.

As feared by ecologists, oil has started leaking from the MV Rak, the carrier that sank at the entrance of the Mumbai harbour on August 4.

The Bombay Stock Exchange benchmark Sensex plunged by 467 points in early trade on heavy selling by funds and investors in line with melting global markets amid worries over the US economy and the European debt crisis.

The Reserve Bank of India (RBI) on Friday fixed the reference rate for the US dollar at Rs 44.8030 and the euro at Rs 63.1110, as against Rs 44.4163 per dollar and Rs 63.5501 per euro on Thursday.

The BSE Sensex touched its lowest level since June 2010 on Friday, joining a slide in Asian stocks, as fresh worries that the global economy is slipping back towards recession prompted investors to cut positions in risky assets.

Indian shipping authorities ordered an inquiry into the sinking cargo ship M.V. Rak Carrier with an international crew that was struck off the Mumbai coast in the Arabian Sea on Thursday morning.

Tata group chairman Ratan Tata on Wednesday rejected allegations of giving bribe to former telecom minister A. Raja to secure 2G spectrum allocation and said charges being made in the court proceedings were an attempt at diversion.

State Waqf minister Mohammed Arif Naseem Khan on Monday said in the state Legislative Assembly that the government is now considering a CBI investigation into the Waqf land that was given to industria

A benchmark index for the Indian equities markets was down over 250 points in afternoon trade on Tuesday as selling pressure intensified across the breadth of the market.

A benchmark index for the Indian equities markets on Tuesday closed 213 points lower as traders booked profits after the previous session’s rally.