A look at the headlines in this sector right now:

  1. India’s wholesale inflation falls to four-month low of 3.39% in October: The drop was attributed to the dip in food prices, even though rates of pulses and potatoes rose slightly.  
  2. Sensex falls by 514 points, Nifty closes 188 points lower: The Indian rupee weakened at 67.69 against the dollar. 
  3. Improving women’s participation in the workforce will boost India’s income by 27%, says IMF chief: Christine Lagarde emphasised on the key role governments can play by implementing initiatives to ensure women get a fair chance in the labour market.  
  4. Cyrus Mistry backed by independent directors of Tata Motors: They stopped short of endorsing him, but said the ousted chairman had executed decisions made unanimously by the board.  
  5. Indelible ink to be used on those exchanging demonetised cash at banks, says economic secretary: Shaktikanta Das said the process would start in major cities today, to deter those trying to convert black money and visiting banks multiple times.  
  6. Supreme Court refuses to stay Centre’s decision to demonetise Rs 500, Rs 1,000 notes: The top court asked the government for details on steps taken to ease the inconvenience the move has caused.
  7. WhatsApp launches video calling service for iOS, Android and Windows users: The company said the call quality might vary depending on the connection.