US stock market: Dow Jones, Nasdaq end down sharply, hit by Apple and China worries – Economic Times

The BJP, riding on the back of Prime Minister Narendra Modi’s popularity, posted a record win in Gujarat on Thursday securing 156 seats — the highest-ever tally by any party in the state surpassing Congress’ 149 in 1985.
The Department of Telecommunications (DoT) is likely to unveil a revised draft of the telecommunications bill in less than a month, to address issues around regulating content of over-the-top (OTT) apps and broadcasting services such as direct-to-home (DTH).
The Reserve Bank of India (RBI) is estimated to have bought about $8 billion equivalent of foreign currency for the week ending December 2, in one of the biggest such weekly additions to its stockpile.
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