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.
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.
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.
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.
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.
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.
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.
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.
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: