The court, additionally, banned the online sale of firecrackers and banned e-commerce sites from selling them. 

The Hyundai Santro will be available in 5 variants, including an automatic manual transmission version, a first in a Hyundai.

The Indian currency is "highly correlated with oil prices, which are definitely moving higher, and that's going to make the current-account situation more difficult," Prakash Sakpal, an economist at ING in Singapore said.

TeamLease said that while there will be substantial job losses, there will also be new roles such as project management and IT infrastructure, which will be created in large volumes.

And even though both have fallen to 34,000 and 10,200 level from their peak, the growth in India's stock markets is hiding more than it's revealing.