A look at the headlines in the sector:

  1. Sensex, Nifty end flat as market stays cautious ahead of earnings season: Shares of Coal India and Hindustan Unilever performed well on both the indices.   
  2. Richard H Thaler awarded Nobel Prize in Economics for his contributions to behavioural economics: He is a professor of Behavioural Science and Economics at the University of Chicago Booth School of Business.   
  3. General perception of economy is in ‘pessimistic zone’, people are worried about jobs, say RBI surveys: The findings are consistent with the central bank’s decision to slash India’s growth forecast from 7.3% to 6.7%.   
  4. Amazon files patent application for using drones to make deliveries in India: It has sought exclusive rights on multi-scale fiducials, which are black and white markers that help the drone track and locate an object.   
  5. Air India privatisation will affect Haj flights, says government panel: The committee, which is tasked with proposing the ‘Haj Policy 2018-22’, said the minority affairs and civil aviation ministries should prepare a plan.   
  6. Tata Teleservices prepares exit plan for close to 5,000 employees: The telecom company, which will shut its operations soon, had in September asked circle heads to leave by March 31, 2018. 
  7. Car sales grow 7%, passenger vehicles up 11% in September: Good monsoons led to improved buying of two-wheelers in rural areas.