Armed Maoists on Saturday night gunned down a petty contractor at Mahaguda village under Bandhugaon police limit in Koraput district, nearly 500 km from here.

The Reserve Bank of India (RBI) on Monday fixed the reference rate for the US dollar at Rs 44.30 per dollar and the euro at Rs 65.57 per euro, as against Rs 44.38 per dollar and Rs 65.83 per euro on last Friday.

A special court on Saturday allowed the Enforcement Directorate (ED) to question Pune stud farm owner Hasan Ali Khan, accused of stashing away billions of dollars in overseas accounts, for three days even as he filed a fresh bail plea in the same court.

Vice-Admiral D.K. Joshi on Saturday took charge as the chief of the Western Naval Command headquartered in the metropolis.

Maharashtra chief minister Prithviraj Chavan was on Saturday sworn in as member of the state Legislative Council.
Chavan, who was declared elected unopposed earlier this week as the Opposition did not field a candidate against him, was administered the oath at a function at Vidhan Bhawan.

The Reserve Bank of India (RBI) on Friday fixed the reference rate for the US dollar at Rs 44.38 per dollar and the euro at Rs 65.83 per euro, as against Rs 44.33 per dollar and Rs 65.78 per euro on Thursday.

The Nanavati Commission, probing the post-Godhra communal riots, has summoned senior IPS officer Sanjiv Bhatt, who filed an affidavit in Supreme Court implicating Gujarat chief minister Narendra Modi on May 16, sources said.

Public sector Bank of Baroda on Thursday recorded 43 per cent rise in net profit at1,294.3 crores for the fourth quarter ended March 31, 2011.

The inquiry commission set up to probe the Adarsh Housing Society scam on Thursday questioned Maharashtra government's silence on the ownership of the disputed land in South Mumbai.

A benchmark index for Indian equities markets closed 162 points lower on Thursday with realty and metal stocks taking the brunt of the selling pressure. Broader markets too ended in the red.