UK PM Liz Truss Quits, Day After Facing Booing MPs

Liz Truss resigned as UK Prime Minister after a brief and chaotic tenure that saw her announce a massive package of unfunded tax cuts before unwinding most of it in the face of a market rout. The rupee recovered to below Rs 83 against a resurgent dollar, helped by the Reserve Bank of India's intervention after the domestic currency collapsed sharply to an all-time low of Rs 83.29, driven broadly by a global sell-off in risk assets in a see-saw session on Thursday. Prime Minister Narendra Modi will launch a mega 'Rozgar Mela', a drive to recruit 10 lakh people, on October 22 via video-conference and appointment letters will be given to 75,000 candidates during the ceremony, the Prime Minister's Office said on Thursday.