Rupee hits record low on US yield worries, weak Asia FX

Messages from Apple to iPhones of several Opposition lawmakers and journalists warning them that they could be potential targets of an unspecified ‘state-sponsored’ privacy attack raised a furore in India Tuesday, prompting New Delhi to order a probe of the reported bids to hack into the seemingly breach-proof mobile devices caught in the poll-season political maelstrom.

India’s infrastructure sector closed the September quarter on a firm note, while frantic festive demand lifted automobile dispatches to yet another record in October, highlighting the twin drivers of the economy — government capital expenditure and high-end consumption.

The Centre is likely to set up a group of ministers (GoM) to look into the regulatory framework for the gaming industry and consider other issues impacting the sector.