Maruti and Hyundai both reported their highest ever monthly sales for October. Maruti's sales increased 39.21% year-over-year to 118,908 units while Hyundai set a new record with domestic sales of 34,725 units, the most since starting sales in India in 1998. Scientists from around the world met in Vietnam to discuss ensuring a steady global supply of rice as Asia's population grows, to prevent food insecurity and vulnerability to famines.

1. Maruti, Hyundai post record sales in OctoberMaruti, Hyundai post record sales in October
 The country's largest car maker Maruti Suzuki India andThe country's largest car maker Maruti Suzuki India and
second largest car maker Hyundai on Monday reported itssecond largest car maker Hyundai on Monday reported its
highest ever monthly sales for the month of October.highest ever monthly sales for the month of October.
 Maruti reported sales of 1,18,908 units in October, registeringMaruti reported sales of 1,18,908 units in October, registering
a robust 39.21 per cent jump over the year-ago period.a robust 39.21 per cent jump over the year-ago period.
 Hyundai achieved record sales of 34,725 units in the domesticHyundai achieved record sales of 34,725 units in the domestic
market which is the highest ever since the company startedmarket which is the highest ever since the company started
sales in September, 1998.sales in September, 1998.

2. Contd…..Contd…..
 "the market has been on an upswing for the last few months"the market has been on an upswing for the last few months
but the introduction of the new 'Next Gen' i10 has reallybut the introduction of the new 'Next Gen' i10 has really
pepped up things for HMIL with the new i10 sales growing aspepped up things for HMIL with the new i10 sales growing as
much as 26% in the last two months.much as 26% in the last two months.
 HMIL's strategy of innovating and giving the customers theHMIL's strategy of innovating and giving the customers the
latest has worked very well for its success and we feel ourlatest has worked very well for its success and we feel our
customers really appreciate our efforts.customers really appreciate our efforts.

3. FIIs invest a record $6.11 billion in OctoberFIIs invest a record $6.11 billion in October
 Showing their enormous faith in the Indian economy ,Showing their enormous faith in the Indian economy ,
overseas funds infused a whopping $6.11 billion in October,overseas funds infused a whopping $6.11 billion in October,
the highest amount pumped in by the FIIs in any single monththe highest amount pumped in by the FIIs in any single month
since they were allowed to invest in local stocks.since they were allowed to invest in local stocks.
 With an investment of $6.11 billion in just 25 days in October,With an investment of $6.11 billion in just 25 days in October,
the total inflow of foreign institutional investors (FIIs) so farthe total inflow of foreign institutional investors (FIIs) so far
in 2010 has crossed $24.48 billion, which is again a record forin 2010 has crossed $24.48 billion, which is again a record for
a single calender year.a single calender year.

4. Contd…..Contd…..
 In October alone, foreign investments in the Indian stockIn October alone, foreign investments in the Indian stock
market crossed the magic Rs 1-trillion mark ($22 billion) formarket crossed the magic Rs 1-trillion mark ($22 billion) for
the first time in history.the first time in history.
 The sharp rise in FII flows to Indian stocks has pushed up theThe sharp rise in FII flows to Indian stocks has pushed up the
market.market.
 The BSE benchmark Sensex has risen over 15% so far thisThe BSE benchmark Sensex has risen over 15% so far this
year and last month the index re-gained the magical 20,000year and last month the index re-gained the magical 20,000
level after a gap of two-and-a-half year.level after a gap of two-and-a-half year.

5. Indian economy could grow 9% overIndian economy could grow 9% over
5-6 years5-6 years
 India's economy could grow at 9 percent over the next five toIndia's economy could grow at 9 percent over the next five to
six years, Montek Singh Ahluwalia , deputy chairman ofsix years, Montek Singh Ahluwalia , deputy chairman of
India's Planning Commission.India's Planning Commission.
 India's current account deficit could be a "little below" 3India's current account deficit could be a "little below" 3
percent of gross domestic product in the current fiscal yearpercent of gross domestic product in the current fiscal year
ending in March 2011.ending in March 2011.
 The Indian economy is on track to grow 8.5 percent this fiscalThe Indian economy is on track to grow 8.5 percent this fiscal
year.year.

6. Obama to ease US-India export controls, boost tradeObama to ease US-India export controls, boost trade
 US President Barack Obama is announcing trade deals worthUS President Barack Obama is announcing trade deals worth
$10 billion with India that are expected to create 54,000 US$10 billion with India that are expected to create 54,000 US
jobs.jobs.
 He's also unveiling new export rules designed to make it easierHe's also unveiling new export rules designed to make it easier
for US companies to do business with the nation of 1.2 billionfor US companies to do business with the nation of 1.2 billion
people.people.
 Outlining a series of measures to ease export controls, FromanOutlining a series of measures to ease export controls, Froman
said the president will support Indian membership of four keysaid the president will support Indian membership of four key
global nuclear nonproliferation regimes.global nuclear nonproliferation regimes.

7. IPO limit for individual investor enhancedIPO limit for individual investor enhanced
 The Securities and Exchange Board of India (SEBI) hasThe Securities and Exchange Board of India (SEBI) has
doubled the limit for maximum application for individualdoubled the limit for maximum application for individual
investors from Rs 1 lakh to Rs 2 lakhs across all public issues.investors from Rs 1 lakh to Rs 2 lakhs across all public issues.
 This helps investors invest over Rs 1 lakh in an initial publicThis helps investors invest over Rs 1 lakh in an initial public
offer (IPO).offer (IPO).
 The market regulator, SEBI, has permitted all investors whoThe market regulator, SEBI, has permitted all investors who
apply in public offers for shares worth Rs 2 lakhs or less to beapply in public offers for shares worth Rs 2 lakhs or less to be
treated as retail investors.treated as retail investors.

8. Scientists meet to ensure supply of Asia's staple, riceScientists meet to ensure supply of Asia's staple, rice
 Scientists from around the world meet in Vietnam aiming toScientists from around the world meet in Vietnam aiming to
ensure a steady supply of rice.ensure a steady supply of rice.
 The event, held every four years, is the world's largestThe event, held every four years, is the world's largest
gathering of the rice industry, and will bring together moregathering of the rice industry, and will bring together more
than 1,000 researchers, traders, agricultural ministers and otherthan 1,000 researchers, traders, agricultural ministers and other
delegates from Asia and beyond.delegates from Asia and beyond.
 "As Asia's population continues to grow and to urbanise at"As Asia's population continues to grow and to urbanise at
unprecedented rates, food insecurity in the region couldunprecedented rates, food insecurity in the region could
worsen unless action is taken now.worsen unless action is taken now.

9. Contd….Contd….
 "Declining trends in agricultural research and rural investment"Declining trends in agricultural research and rural investment
may lead to long-term food supply shortages and increasedmay lead to long-term food supply shortages and increased
vulnerability to the famines that used to plague the region.vulnerability to the famines that used to plague the region.
 Researchers from the United States, the Philippines and theResearchers from the United States, the Philippines and the
United Nations food agency said in August that even modestUnited Nations food agency said in August that even modest
rises in global temperatures will drive down rice production inrises in global temperatures will drive down rice production in
Asia, leading more people to slip into poverty and hunger.Asia, leading more people to slip into poverty and hunger.

10. Contd….Contd….
 "If we cannot change our rice production methods or develop"If we cannot change our rice production methods or develop
new rice strains that can withstand higher temperatures, therenew rice strains that can withstand higher temperatures, there
will be a loss in rice production over the next few decades aswill be a loss in rice production over the next few decades as
days and nights get hotter," said Jarrod Welch, lead author ofdays and nights get hotter," said Jarrod Welch, lead author of
the study.the study.