Sensex & Nifty crash, Indigo results, India-China border & more

Finish your week strong with a quick update on the day's biggest headlines! #NewsIn1Min #News #LatestNews

India and China have begun troop disengagement at Demchok and Depsang regions in eastern Ladakh and the process is likely to be completed by October 28-29.

Sensex and Nifty crashed on Friday as foreign institutional and portfolio investors sold off Indian stocks. Bank stocks, especially public sector ones, were hit hard, with the Nifty Bank index dropping 2.1 per cent.

India’s largest airline, IndiGo, reported a net loss of Rs 986.7 crore for the September quarter, affected by grounded planes and higher fuel costs, compared to a Rs 188.9 crore profit a year ago.

The government has doubled the loan limit under the Pradhan Mantri Mudra Yojana (PMMY) to Rs 20 lakh to boost entrepreneurship.

Indian Railways will run around 7,000 special trains with 12,500 extra coaches for festivals like Diwali, and Chhath Puja, up from 4,429 trains last year.