The RBI Board decides to set up an expert committee to examine the Economic Capital Framework; the central bank says the issue of banks under PCA will be examined by its Board for Financial Supervision.

Markets regulator Sebi had conducted an investigation in the scrip of Ushdev International during April 2010 to January 2011 to look into the possible violation of the provisions of the Sebi Act

FIIs have been on a withdrawing spree in September and October on the back of US providing more attractive options for investing. In September, they pulled out Rs 21,035 crore from the Indian capital market.

The stock has been gaining for the last four days and risen 41.13% in the period. The small cap stock has lost 50.02% during the last one year and fallen 58.88% since the beginning of this year. Interestingly, the stock has gained 57.04% during the last one month.

While the Sensex gained 118 points or 0.34% to 35,260, the Nifty rose 0.38% or 40 points to 10,616 level.

The stock has been gaining for the last three days and risen 26.87% in the period.  The small cap stock opened with a gain of 4.46% at 269.25 on the BSE. The stock has lost 61.12% during the last one year and fallen 67.68% since the beginning of this year.

But broader economic conditions and sustained losses could push Uber to merge with rivals in India and the Middle East, particularly as Uber and India-based Ola share an investor in SoftBank Group Corp.

Oil prices were seen climbing to $100 per barrel when sanctions on Iran's oil and gas sector came into effect on November 5. But prices have reversed direction during the last 12 straight days.

The move comes in the wake of the Infrastructure Leasing & Financial Services (IL&FS) default, wherein the role of credit rating agencies (CRAs) came under the regulatory scanner.