Having been surprised by the repo rate increase on inflation concern, analysts expect new Reserve Bank governor Raghuram Rajan to hike the key rate by another 0.50 percentage points this fiscal.

Despite last day selling due to RBI’s repo rate hike, the S&P BSE benchmark Sensex continued to rule firm for the 4th consecutive week by surging 531 points to finish the week at 20,263.71 on good buying support after the US Federal Reserve decided to maintain its stimulus.

Gold prices slumped further at the domestic bullion market on Saturday due to consistent selling by stockists as well as subdued investment off take amid bearish overseas sentiment.

Global markets went on a celebratory spree with the emerging market currencies and equities registering impressive gains on Thursday after the US Federal Reserve surprised the financial market partici

The Shivaji Park police busted a gang of cellphone phone thieves who operated in heavy crowds during festive seasons like Ganeshotsav and stealthily snatched the electronics.

Four people, travelling atop the cabin of a bus, sustained injuries after being hit by an iron girder attached to a Metro rail pillar on Wednesday evening in Ghatkopar (west).

Less than a month since the gruesome incident, the Mumbai police on Thursday filed a 600-page chargesheet before the Esplanade court against four accused of the gangrape of a 22-year-old photojournali

The five accused who raped the 22-year-old photojournalist on August 22, pretended to investigate the girl in a murder case in front of the victim’s colleague who was tied up at a distance.

Before the chargesheet against the four accused — who are all majors — along with their juvenile accomplice, arrested for gangraping a young photojournalist in the defunct Shakti Mills compound, could

The latest Intelligence Bureau report received by the state through the Union home ministry has warned about possible communal flareups in Dhule, Miraj, Ichalkaranji, Nanded, Malegaon and Beed.