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Indian rupee largely withstood the Fed-fuelled rate storm and surged ahead to end at a three-week high of 66.40 against USD, following heavy dollar unwinding by foreign banks and speculative traders. Meanwhile, India's foreign exchange reserve is at $350.3 billion.
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The home currency had cracked the psychologically significant 67-barrier to hit a 27-month low of 67.09 briefly on Monday before rebounding amid heightened uncertainties over an impending Fed rate hike and concerns related to capital outflows.
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Work is on to install ATMs and micro ATMs at over 1.25 lakh post offices across the country to help people living in far-flung areas to withdraw money, government said in Lok Sabha. In picture are the number of ATM in October 2015 as compared to October 2014.
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Pulling back from a two-week high, the benchmark Sensex broke its 4-day winning spell by falling over 284 points after the government lowered its economic growth forecast for 2015-16 to 7-7.5 per cent.
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The 50-share NSE Nifty cracked below the 7,800-mark by sliding 82.40 points, or 1.05 per cent at 7,761.95 after shuttling between 7,753.35 and 7,836.15.
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Veterans Yuvraj Singh and Ashish Nehra were handed fresh lifelines with a recall in India's Twenty20 squad while Punjab left-arm seamer Brainder Sran and Baroda all-rounder Hardik Pandya were the new faces in the squads for upcoming tour to Australia early next year.
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GDP growth was 7.2 per cent in the first half of current fiscal as against 7 per cent in the second half of last year. Growth has improved from 7 per cent in the first quarter of 2015-16 to 7.4 per cent in the second quarter of current fiscal.
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Delhi government said that it will study the National Green Tribunal's order directing that diesel-run vehicles will not be registered in the city with immediate effect. According to transport department, around 400 new diesel-run vehicles are registered in the national capital. There are around 5.5 lakh diesel vehicles plying in the national capital. In total, 88.27 lakh vehicles are registered in Delhi.
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Hero MotoCorp topped the list of bike sellers as it sold 4,71,881 units leaving Bajaj a way behind with 1,52,663 unit. Here are number of bikes/scooters sold:
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Trump asked Modi for Nobel backing, his no brought 50% tariffs
