With the rupee continuing to remain weak against the US dollar, losses on diesel have climbed to Rs 9.45 per litre, upsetting the government’s subsidy maths.

Declaration of Rahul Gandhi as Prime Ministerial candidate cannot be ruled out, Congress hinted on Monday in the backdrop of conflicting statements from party leaders including Digvijay Singh.

Gujarat chief minister Narendra Modi’s “burqa (veil) of secularism” remark targeting the Congress on Monday drew a stinging response from the ruling party which said it was much better than “naked communalism.”

India’s cotton exports are estimated to have plummeted by 36 per cent to 9.14 million bales in the first 11 months ended June of the current marketing year, a latest US Department of Agriculture (USDA) report said.

RBI on Monday imposed fines totalling Rs 49.5 crore on 22 private and public sector banks including SBI, PNB and Yes Bank for violating KYC/anti-money laundering norms.

Inflation rose to 4.86 per cent in June, driven mainly by rising prices of food articles, especially vegetables including onion.

Hitting out at Narendra Modi over his veil of secularism remark, Congress on Monday said the “cloak of secularism” envelopes all faiths while the veil of communalism is sectarian and the country is witnessing a clash of these two visions.

Narendra Modi continued to be slammed for his “Hindu nationalist” and “puppy” remarks, with several political parties, including Congress and JD(U), saying his comments are dangerous and that he was a “frustrated” person.

In an effort to curb youths from performing risky motorcycle stunts around India Gate, Delhi Police carried out a late night checking drive in New Delhi area, slapping fines on 84 motorcycle riders and impounding eight bikes.

BJP today attacked Congress for targeting Gujarat chief minister Narendra Modi on his “puppy” remarks, saying the ruling party is twisting facts as it is scared of his growing popularity and its move would backfire.