The alarming post-Diwali pollution is likely to take a toll on the entire National Capital region (NCR), crippling sectors like tourism, transport, automobile and real estate, according to a report.

“While it may be difficult to hazard a figure of economic loss, since the exact period of dangerous levels of pollutants would depend on the weather conditions along with administrative measures, there is no doubt that several billions of dollars of fresh investment and GDP loss would occur,” Assocham Secretary General D S Rawat said.

Markets gained momentum in late trade to end higher on Tuesday after the recent developments indicate that Hillary Clinton is most likely to emerge victorious in the US presidential elections.

The outcome of United States presidential elections of 2016, which will be held today, will have a bearing on global stocks. Presidential election will be held between Democratic Party candidate Hillary Clinton and Republican Party candidate Donald Trump. The results are expected on the next day of elections.

US auto major Ford on Tuesday announced the setting up of its new research and development centre at a cost of Rs 1,300 crore.

Ford's Executive Chairman Bill Ford made an official announcement regarding the investment plan in Chennai.

Ashok Leyland Limited has reported a 71 per cent jump in net profit at Rs 294.41 crore during the September quarter in the current financial year as against Rs 172.20 crore in the corresponding period last year.

The company, which had reported an impairment loss of Rs 157 crore in the second quarter of 2015 owing to its investments in joint ventures and subsidiaries, did not report any such loss during in the same period this year.

Bharat Heavy Electricals Limited (BHEL) registered a topline growth of 12 per cent at Rs 6,780 crore and posted a profit before tax of Rs 138 crore as against a loss of Rs 293 crore in the corresponding period last year. This is after 14 straight quarters of negative topline growth that BHEL has registered positive growth. The turnover of the company increased to Rs 6,780 crore in Q2FY17, from Rs 6,070 crore during the corresponding period last financial year.

NEW DELHI: Prioritising the need to open up economy further, Finance Minister Arun Jaitley on Tuesday said the Centre will step up on reforms to attract more investment and fill up infrastructure deficit, even as he asserted there is a "great amount of impatience" on the growth front.

Speaking at the India-UK Tech Summit here, he said unlike developing economies, voices seeking protectionism are almost absent as the economy expands.

MUMBAI: The Securities and Exchange Board of India (Sebi) is doing a preliminary examination of the arrangement between Tata Sons and group companies to understand whether it is in consonance with current insider-trading regulations.

Sebi is also examining whether price-sensitive information was disclosed to Tata Sons directors and Tata Trusts nominees before it was approved by the boards of operating companies.

Tata Motors' shares surged nearly 5% on the BSE on Tuesday after the Indian carmaker submitted reply to the a clarification sought by the stock exchange over e-mail.

The BSE sought a clarification from Tata Motors about a report "FIIs raise concerns over Tata Motors Governnance" published in The Economic Times, which said that Foreign Institutional Investors (FII) had written to the carmaker, raising concerns that it (Tata Motors) was getting preferential access to strategy and information.

ICICI Bank was up 3% to Rs 287 on BSE in early morning trade after the banks’ outstanding watch list for the quarter ended September 30, 2016 (Q2FY17) stood at Rs 32,490 crore down from Rs 44,000 crore at the start of the financial year.

“The bank expects repayments from the proceeds of two large asset sales (Jaiprakash group’s sale of cement plants and Essar group’s sale of oil refinery to Rosneft) to bring down the size of the watch list in six to nine months”, Chanda Kochhar, managing director and chief executive said.

In a significant development for the Indian bond market, State Bank of India (SBI) and FTSE Russell, the arm of the London Stock Exchange, will jointly develop a bond index for global investors to benchmark Indian bond market against that of its competitors.

FTSE Russell, index and data provider unit of LSE, is among the top three fixed income index providers globally.

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