Bloomberg
Bloomberg
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Sensex drops for fourth day
The S&P BSE Sensex slid 0.8% to 26,838.14 at the close in Mumbai in a fourth day of drop, the longest stretch of losses since August
 "Sensex drops for fourth day")
China steel body chief flags slumping demand
China's mills are battling against oversupply and sinking prices as local consumption shrinks for the first time in a generation amid a property-led slowdown
 "China steel body chief flags slumping demand")
Faber's 'epic China bubble' shows up in charts
Defaults are mounting as economic expansion slows and manufacturing firms account for four of the five major bond failures this year
 "Faber's 'epic China bubble' shows up in charts")
Fed sees 'moderate' pace of growth; rates unchanged
Considers December hike; expects inflation to rise gradually toward its 2% goal in the medium term
 "Fed sees 'moderate' pace of growth; rates unchanged")
Stocks decline to 2-week low
NTPC, the nation's top power generator, fell the most in five weeks
 "Stocks decline to 2-week low")
NTPC places job ads in The Economist
The ad is a rare attempt at a global search for talent by India's govt-managed firms, under PM Narendra Modi's effort to bolster their performance and spur economic growth
![NTPC places job ads in ,[object Object]](https://bsmedia.business-standard.com/_media/bs/img/article/2013-02/05/full/1360072233-5729.jpg?im=FeatureCrop,size=(328,185) "NTPC places job ads in ,[object Object]")
Bezos, Omidyar back Uber of trucks start-up Convoy
Amazon CEO Jeff Bezos and Salesforce.com's Marc Benioff are among those backing Convoy
 "Bezos, Omidyar back Uber of trucks start-up Convoy")
No shorts in India leave hedge funds at stock market's mercy
Hedge funds stymied by fewer options to short-sell stocks; hedge funds hurt amid 0.5% decline in Sensex this year
 "No shorts in India leave hedge funds at stock market's mercy")
Stocks fall as results disappoint
The Sensex lost 0.4% to 27,253 at the close on Tuesday
 "Stocks fall as results disappoint")
China's 6.9% economic growth doesn't rhyme, says Marc Faber
GDP growth in China averaged 10.5 per cent during that period, peaking at a 14-year high of 14.9 per cent in 2007, National Bureau of Statistics data show
 "China's 6.9% economic growth doesn't rhyme, says Marc Faber")
 "Markets drop from two-month high on Bharti, HDFC earnings")
Facebook wins dismissal of $15-bn privacy suit by users
A US district court gave the plaintiffs until Nov 30 to revise their claims, including invasion of privacy
 "Facebook wins dismissal of $15-bn privacy suit by users")
Twitter rolls out advertising on 'Moments' feature
First Promoted Moment will run this weekend for movie Creed
Obama's clean-power initiative under renewed legal attack from states
Several American states have filed a petition against Obama's initiative
 "Obama's clean-power initiative under renewed legal attack from states")
Uber said to plan another $1 billion in fund-raising
If successful, this would make the ride-hailing service the world's most valuable private start-up
 "Uber said to plan another $1 billion in fund-raising")
Amazon's Jeff Bezos becomes America's third-richest person
His fortune has jumped 77% to $55 bn in 2015 as investors cheer profits at Amazon and growth in its cloud segment
 "Amazon's Jeff Bezos becomes America's third-richest person")
China cuts ceiling on deposit rates
Lowers benchmark rates, banks' reserve requirements
The rise of rupee against other currencies
The rupee versus the dollar has emerged the fourth best performer among other major currencies of the world
 "The rise of rupee against other currencies")