- UltraTech Cement's production rose 2.91% to 28.19 lakh metric tonne, while dispatches rose 2.71% to 28.47 lah metric tonne, in September 2010 over September 2009.
- Real estate firm Oberoi Realty Ltd said on Tuesday it is planning to foray into new cities such as the National Capital Region, Hyderabad and Bangalore.
- RIL reportedly plans to raise at least $1 billion in the biggest dollar-denominated bond sale by a non-bank India company to fund investments.
- The rupee recovered from the day's lows on Tuesday afternoon tracking losses in the dollar versus major currencies and also boosted by continued capital inflows into.
- The Reserve Bank of India (RBI) is considering measures to deal with an influx of foreign fund flows, a RBI deputy governor said on Tuesday, adding that inflation persists well above the Reserve Bank's comfort zone.
- Foreigners have bought a record $19.7 billion of Indian equities this year, with about one-third of that entering the market since the start of September, putting upward pressure on the rupee.
- The yen fell and government bond futures jumped on Tuesday after the Bank of Japan unveiled a slew of monetary policy easing steps, while Australia's dollar tumbled as its central bank unexpectedly held interest rates steady.
- Federal Reserve Chairman Ben S. Bernanke called on U.S. lawmakers to consider rules limiting federal spending, annual deficits or accumulated debt to curtail the risk of a fiscal crisis.
- Oil rose to trade near an eight-week high after the U.S. Federal Reserve Chairman said the central bank's asset sales have boosted the economy, while disruptions at France's biggest oil port continued.
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