Top headlines: Indian rupee plummets to all-time low; Sri Lankan PM resigns

India's government asks the Supreme Court not to invest time in examining the constitutional validity of the penal law on sedition.

India's Rupee fell to an all-time low and closed at 77.50 against the US Dollar. Sri Lankan Prime Minister Mahinda Rajapaksa resigned as an economic crisis deepens in the island nation. 

Sri Lanka PM Mahinda Rajapaksa resigns as economic crisis worsens
 

Sri Lanka's Prime Minister Mahinda Rajapaksa on Monday offered his resignation amid the island nation's worst economic crisis since independence that has led to widespread protests, a government official said. "The prime minister has sent his letter of resignation to the president," the official said, declining to be named, said Reuters. Read more

Rupee slumps