The cut in cash reserve ratio (CRR) and statutory liquidity ratio (SLR) by the RBI is seen by experts as a positive move while financial entities Goldman Sachs and Citigroup Global stated that more needs to be done. The reserve bank of India, on Saturday, cut mandatory cash deposits, banks need to keep with the RBI by 100 basis points (bps) and the short term lending rate by 50 basis points.

Aircel, one of the fastest growing telecom companies, with a subscriber base of over 10 million, has announced handing over of Revenue Assurance and Fraud Management in the 23 circles across the Indian Subcontinent to Subex Ltd, the leading global provider of OSS/BSS solutions for communications service providers and Wipro Infotech, the India and Middle East IT business of Wipro Ltd.

According to a study published in the Journal of the American Medical Association, Researchers have found that folic acid and other vitamin B supplements do not offer any benefit in lowering cancer risk. On the upside, researchers noted that it won’t increase your risk either.

Dr. Shumin Zhang, study author and an associate professor of medicine at Brigham and Women's Hospital and Harvard Medical School, in Boston said, "In women at risk of cardiovascular disease, we found that folic acid, vitamin B6 and vitamin B12 had no beneficial or harmful effects on the risk of invasive cancer or breast cancer."

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The Nagpur Police Commissioner, Praveen Dixit, confirmed reports of JeM threat to ace cricket player Sachin Tendulkar stating, "The Central government has issued a high-alert for Sachin...They have information that the JeM has issued a threat to him."

However, keeping in mind the terror threats on the Aussies, he took a U-Turn and said, "There is no specific threat to any individual player and there is no threat input".

He further added that the security arrangements would be usual and uniform.

In order to support the local airline firms the government scrapped basic customs duty of 5% on the fuel on Friday.  

Following suit, the Oil Companies reduced jet fuel prices by Rs 2,100 per kilolitre. Ever since October, the oil companies have reduced jet fuel prices by over 16 percent in response to the fall in international prices. The price cut will be effective from midnight of 3 November. The fuel will now sell at Rs 44,965.70 a kilolitre in Delhi and Rs 46, 518.85 a kilolitre in Mumbai.