'We have about Rs 4 lakh crore debt on a state budget of about Rs 1.5 lakh crore.' 'We are in a debt two-and-a-half times our annual budget,' says the banker who would have been Tamil Nadu's finance minister had the DMK won.
The Board of Control for Cricket in India's probe panel on spot-fixing and betting charges in the Indian Premier League struck down as "illegal" as it was set up in violation of its own rules, the Bombay high court said on Wednesday. It went on to add that a prima facie case is made out that BCCI president-in-exile N Srinivasan was involved in its formation.