As India's currency hit new lows, investors still grieving from the severe emerging markets selloff once again

 deserted the rupee, forcing the government to slash oil and gold purchases in order to stop a growing imbalance.

In an effort to close the current account shortfall, the government increased charges on gasoline and diesel exports while increasing import tariffs on gold.

Reliance Industries Ltd. and other energy exporters fell as a result of the actions, dragging down the benchmark index by as much as 1.7%.

As the Fed tightens its monetary policy, policymakers in many emerging markets are faced with difficult choices as they try to combat rising inflation

The action by New Delhi also highlights the financial difficulties that Prime Minister

Narendra Modi's government is facing as the world's sixth-largest economy's inflation rate rises and its foreign finances deteriorate. 

MOVIE LEAKED ON INTERNET. CLICK LINK TO KNOW MORE