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India, Japan to enhance currency swap arrangement to $ 50 bn

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India and Japan have decided to more than triple their bilateral currency swap arrangement to $ 50 billion, a development that is likely to bring stability in financial markets in the country.

BMC’s hi-tech brooms gathering dust

In yet another case of the Brihanmumbai Municipal Corporation’s high-tech plans going awry, the mechanical brooms bought at a cost of `3 crore in 2007 from abroad, have been lying idle due to the lack

Re at two-week high, Sensex above 19,000

Rupee Friday jumped 77 paise to 65.24 and Sensex soared by 290 points to scale the 19,000-mark on continued hopes triggered by new RBI governor Raghuram Rajan’s steps to push in more reforms in the financial sector.

Kin blames cops for inmate death

A few days before Md Farook Md Yusuf Pawale (50), a 1993 Mumbai blasts convict serving life term in Yerwada jail died of a heart attack, his family’s lawyer had written a letter to the inspector gener

Sebi slaps Rs 3.5 lakh fine on 5 individuals in Alchemist case

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Market regulator Sebi today slapped a total fine of Rs 3.5 lakh on five individuals for their role in alleged fraudulent trading practices in the shares of Alchemist.

‘Yasin absolving Baig’s role only speculation’

Senior sources from the Maharashtra government said that it was “mere speculation” that Yasin Bhatkal, during his interrogation, defended Himayat Baig as being innocent and took complete responsibilit

HC hears BMC’s ‘action plan’

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While hearing a suo motu PIL on the city’s potholes and road conditions, the HC on Thursday said that it was not trying to find faults, but strengthen the hands of the public authorities in the state.

Inquiry ordered into BEST mishaps

Taking note of the alleged negligence by BEST depot staff on a number of occasions, BEST committee chairman Sanjay Ambole has ordered an inquiry into all recent accidents.

Cabinet approves Kolhapur HC bench

The state Cabinet on Wednesday approved the proposal to set up one more high court bench at Kolhapur.

‘Remove posters promoting blind faith’

Posters of quack Bangali babas continue to deface the local trains of Western Railway at a time when the state government has already promulgated the anti-black magic and superstition ordinance to put

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.