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News digest: GDP back series data, Monnet Power bid, rupee gains, and more

Sensex, Nifty close at highest levels since Oct 1; crude oil prices recover after early loss

Rupee settles below 70 after three months, crude oil slides further
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BS Web team New Delhi
Rupee settles below 70 after three months

In a sign that the rupee’s new-found strength could stay for a while, exporters on Thursday were seen selling dollars after the domestic currency strengthened below 70 a dollar level, buoyed by a bullish stock market. Read more
 
GDP back series data not in sync with real economy

The recent downward revision in gross domestic product (GDP) at constant prices in the years prior to 2010-11 is in divergence with the data from the real sectors. Read more
 
Jaitley dismisses Chidambaram’s criticism

Finance Minister