Shiv Sena Chief Bal Thackeray, who was in critical condition is showing signs of improvement and has been taken off the life support system, party spokesman Sanjay Raut reportedly said.
His son and the party's working president Uddhav Thackeray reportedly reassured the Shiv Sainiks and the waiting media that Bal Thackeray is stable.
"Our feelings and wishes for him are the same and his condition has been stable since Wednesday. His treatment is underway," Uddhav Thackeray reportedly said.
There are reports that Mumbai Police and other security agencies made tight security arrangements around Matoshri, the Thackeray clan's home in Bandra west.
India Infoline Research Team / 15:28, Mar 13, 2015
Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.