
The S&P BSE benchmark Sensex on Tuesday retreated from one-week high levels to end nearly 103 points down on selling pressure in rate-sensitive sectors and fresh weakness in rupee, amid global markets adopting caution ahead of US Fed's decision over continuing monetary stimulus.
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Both the precious metals, gold and silver, rebounded on Tuesday on stockists buying amid concerns over weakening rupee. While gold surged by Rs 230 to Rs 28,480 per ten grams, silver gained Rs 250 to Rs 44,600 per kg on increased offtake.

Over 50 million PF subscribers can now access their accounts online as retirement fund body Employees' Provident Fund Organisation (EPFO) launched its e-Passbook service on Friday.
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The Reserve Bank on Tuesday relaxed premium payment rules for banks on some forex options by allowing the buyer of such instruments to spread the payment over the maturity of the contract.
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In a significant move, Vodafone India on Tuesday said it has reduced data charges by up to 80 percent in three circles and the new cheaper rates will be rolled out nationally in a phased manner.

Global search engine Google is offering a new format in India to advertise products and brands for users, the company's Indian subsidiary said on Monday.
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Concerned over decline in gold exports from SEZs following ban on its trading, the government has allowed units in these zones to export gold items after a minimum value addition of 3 percent.
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Auto major Ford on Monday said its latest SUV Ecosport is being rolled out from its manufacturing facility at nearby Maraimalai Nagar. The Chennai facility is the third of five plants where Ford EcoSport will be manufactured. Currently, the SUV is being produced in Brazil, China,and production would begin in Thailand, Russia, a company statement here said.

India Post on Tuesday announced starting logistic services in association with Air India at 15 airports in India. The service will be at 15 linking airports, Agartala, Delhi, Mumbai, Kolkata, Nagpur, Bangalore, Hyderabad, Chennai, Pune, Ahmedabad, Imphal, Guwahati, Patna, Lucknow & Trivandrum (Thiruvananthapuram), an official statement said.

The rupee on Tuesday plunged by 56 paise, or almost 1 percent, to trade at 58.43 against the dollar in morning trade at the Interbank Foreign Exchange market due to renewed dollar demand from importers and appreciation of the US currency overseas.
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