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Sharad Pawar News: Sharad Pawar's resignation bombshell on Tuesday left Nationalist Congress Party (NCP) shocked, with workers and functionaries asking the veteran leader to withdraw his decision to step down as party president

There is going to be a bigger change in Maharashtra as Sharad Pawar decided to step down as the chief of the Nationalist Congress Party (NCP), the BJP has claimed.

"Supriya Sule, who is a Member of Parliament, has good connect with other parties and leaders at the national level. Ajit Pawar is handling state politics," says senior NCP leader and former cabinet minister Chhagan Bhujbal

BOE May Lift Rates Further But it Could be Last Rise 1033 GMT - The Bank of England is likely to raise interest rates by 25 basis points to 4.5% on May 11 but the decision will be split and it could be the central bank's last rate rise, UBS Global ... | 07:10am

After announcing his decision to step down from the post of NCP president, Pawar said a panel of senior party leaders will draw a future course of action

FTSE 100 Rises as HSBC, Builders Gain; BP Falls 0800 GMT - The FTSE 100 rises 0.2%, or 13 points to 7884 as gains for HSBC and construction stocks outpace losses for oil and mining stocks. HSBC advances 4% after first-quarter profit topped expectat... | 05:09am

0721 GMT - HSBC is among the winners at the top of FTSE 100 index at market open in London after the bank posted a sharp rise in its first-quarter profit on higher interest income. "A messy, but good set of figures," says Citi analyst Andrew Coombs in ... | 03:57am

Potential Increase in BOE Rate Rise Bets May Support Sterling 1123 GMT - Sterling may rise as markets could raise expectations for further increases in interest rates from the Bank of England, UBS Global Wealth Management says. The U.K. stands out ... | 08:45am

The FTSE 100 closed Tuesday down 1.24% after a fresh mix of worries hit stocks hard across the world in the afternoon. Last week saw risk appetite for investors revive on improved earnings from tech giants, but a host of further worries about interest ... | 12:10pm

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