Glim news coming in from the economy front. Rupee has breached another all-time-low by hitting 62 against the dollar. As compared to its closing on 61.43 on wednesday. Rupee slided further by 1% to go down to 62.03 against the dollar. It recovered later. <br /><br />Amid strong dollar demand from foreign funds the RBI measures to curtail the down slide were ineffective.<br /><br />There are worries about a rollback of U.S. monetary stimulus, which could lead to a sharp exodus of funds from the country. This is creating difficulties in financing the record current <br />account deficit.<br /><br />This panicked stock markets and led to Sensex tanking by over 700 points. The bloodbath at the markets was led by banks with the banking index crashing by 23 percent.<br /><br />For More information on this news visit : http://www.newsx.com/<br />Connect with us on Social platform at : http://www.facebook.com/newsxonline<br />Subscribe to our YouTube Channel : http://www.youtube.com/ne
