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The Australian dollar, which is commonly considered as a liquid proxy for the Chinese yuan, was recently up 0.12% at $0.6704.

The latest decrease was necessary after the government allowed ONGC to use additional output from its legacy gas assets for petrochemical manufacture.

The gross non-performing asset (GNPA) ratio was 2.72% in the September quarter, compared to 2.89% in the June quarter.

The RBI's instruction takes effect at the close of business on October 21, the central bank said in a statement on Thursday.

Both European network suppliers recently signed huge contracts totalling over Rs 28,000 crore to supply network equipment to Vi.

The IPO includes a fresh issue of shares worth ₹325 Crore and an offer-for-sale (OFS) of 65.26 lakh equity shares by promoters and shareholders.

The agreements were made for two hybrid projects, each with a capacity of 600 MW, for a total of 1,200 MW.

At the time of writing at 1:06 pm, Sensex rose by 238.54 points (0.28%) to reach 81,236, while Nifty increased by 82.05 points (0.33%) to 24,831.

The NFO is available for subscription from October 11 to October 25.

At a press conference following the results, Jindal stated, "We will be able to push even more volumes into Canada if this duty comes on China."