The Kerala High Court on Monday quashed the life ban on cricketer S. Sreesanth iimposed by the Board of Control for Cricket in India (BCCI) in the wake of the 2013 IPL spot-fixing scandal.

The court passed the verdict while allowing a writ petition filed by the fast bowler, challenging the decision of the BCCI disciplinary committee.

During his campaigning days, Donald Trump was quite clear the way he was going to implement new policies to secure jobs in the United States of America. He targeted industries that require the most man power and ensured those company’s invest heavily in the country. The auto-industry was of course on top of his head while announcing those jobs. It seems his plan worked as eight of ten states that put Donald Trump to power last November is where most of the auto manufacturing facilities are located and these states have the most employment in automobile sector as per Bureau of Labour Statistics, USA. Then President-Elect Donald Trump had more than once threatened auto-makers to impose 35 percent border tariff on products imported from Mexico and was also willing to renegotiate North America Free Trade Agreement (NAFTA).

The coming weeks may witness the continuation of rupee’s strength against the US dollar, and therefore, a challenge for the Reserve Bank of India (RBI) to manage the rupee liquidity and external value of rupee. The risk to the above premise is the early contraction of the US Federal Reserve (Fed)'s balance sheet and consequent dollar reverse flows.

The benchmark BSE Sensex continued its rising trend by gaining over 61 points to 32,386.52 in early trade today on sustained foreign fund inflows amid positive global cues.

The 30-share index rose 61.11 points, or 0.18 %, to 32,386.52. The gauge had gained 87.53 points in the previous session.

Mahindra & Mahindra (M&M) has indicated that among all its segment in the automobile sector, electric vehicle (EV) is going to be the most focused one going ahead. As part of its plan, the company will soon power some of its new and existing vehicles with the EV technologies sourced from its subsidiary Mahindra Electrics.

Pawan Goenka, managing director, M&M, said that the company will put efforts in turning around the products which are not doing well and will launch new products in all the segments it operates in. “However, EVs will get the most focus in comparison to all the other segments,” Goenka said.

The board of Indian Oil Corporation (IndianOil) has given its in-principle approval for acquiring up to 50 per cent equity in GSPL LNG terminal in Gujarat for an estimated Rs 750 crore.

GSPL LNG is a joint venture of Gujarat State Petroleum Corp and Adani Enterprises. Adani and GSPC are equal partners in GSPL LNG.

Nasa's Curiosity rover which found that that ancient Mars had the right chemistry to support living microbes is marking five years of exploring the Red Planet.

The rover, which landed in the Gale Crater — an ancient lake — is now examining clues on Mount Sharp, the mountain found in the middle of the crater, about long-ago lakes on Mars.

New Delhi, Aug. 4: Inventory losses pulled down HPCL's net profit 56 per cent to Rs 925 crore in the first quarter of the current financial year.

"We had an inventory loss of Rs 1,595 crore in the first quarter of the current fiscal compared with an inventory gain of Rs 1,935 crore in the corresponding period of the previous year," HPCL chairman and managing director M.K. Surana told reporters here.

New Delhi: Within days of State of Bank of India (SBI) slashing interest rate on savings bank account, another public sector unit (PSU) bank—Bank of Baroda—has followed suit, cutting it to 3.5% on deposits of up to Rs50 lakh.

“We wish to inform you that it has been decided to introduce a 2-tier savings bank interest rate (from) 5 August...,” the bank said in a regulatory filing.

Mumbai: Mahindra and Mahindra Ltd on Friday posted a bigger-than-estimated 20% decline in June quarter net profit as passenger car sales slowed ahead of the transition to the goods and services tax (GST) in July, countering a jump in tractor sales that indicate a revival in rural demand.

The maker of Shaktimaan tractors and Scorpio utility vehicles (UVs) said profit fell to Rs765 crore in the three months, compared with Rs961 crore a year earlier. Profit would have been higher by Rs96 crore but for the impact of GST, it said.

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