The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
Campus placements are already in full-swing and hiring plans of many companies, whose expansion plans were stuck due to policy paralysis, are now getting green signals.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
Following is the full text of Prime Minister Manmohan Singh's speech at the Central Party School in Beijing on Thursday:
The company is to act as an ISP across rural areas for local entrepreneurs.
IIP for November 2015 and CPI for December 2015 will be announced today.
The broader markets, however, outperformed the benchmark indices -- BSE Midcap and Smallcap indices ended up 0.6%-1%.
MH-60 Romeo Seahawks would add lethal capabilities of the Indian Navy, which experts say is the need of the hour given the aggressive behaviour of China in the Indian Ocean region.
Chinese observers believe the Sino-US relationship will be impacted by issues in North Korea, Japan, India, Ukraine and Iran and that conflicts with these 'third parties' will without exception ultimately become conflicts between China and the US, points out former RA&W officer Jayadeva Ranade.
'India alone cannot walk the path of peace. It also has to be Pakistan's journey to make,' says Prime Minister Narendra Modi at the government's geo-political flagship initiative "Raisina Dialogue-II".
President Xi Jinping's visit may put relations between India and China on a new trajectory
The tearing hurry to form theatre commands has to be replaced by a balanced and deliberate approach. We need to accept that this process will take time if executed correctly and in the best interests of the Indian armed forces, argues Commodore Venugopal Menon (retd).
"Workers and businesses are facing catastrophe, in both developed and developing economies. We have to move fast, decisively, and together. The right, urgent, measures, could make the difference between survival and collapse," ILO Director-General Guy Ryder said on Tuesday. Worldwide, two billion people work in the informal sector (mostly in emerging and developing economies) and are particularly at risk, the report said, adding that the COVID-19 crisis is already affecting tens of millions of informal workers. "In India, Nigeria and Brazil, the number of workers in the informal economy affected by the lockdown and other containment measures is substantial," ILO said.
The IAF chief also said Pakistan has become a pawn of Chinese policy and its dependence on China would increase further in future. He said India needs to understand the interplay of some major events in its vicinity that would impact the security scenario of the region.
'Fearful of losing strategic advantage, the only option for Pakistan is to rattle its nuclear sabre!' 'Pakistan thereby hopes to play on the worldwide fear of an outbreak of nuclear war in South Asia,' says Colonel Anil A Athale (retd).
US Secretary of State Micheal Pompeo and Secretary of Defence James Mattis will travel to New Delhi next month for the 2+2 dialogue.
In a clear attempt to allay Russia's apprehensions, Prime Minister Manmohan Singh on Monday said it will remain an "indispensable" partner for India's defence needs even as he underlined that the bilateral ties should adapt to changing times to address challenges.
'Imagine China pursuing its aims in Jammu and Kashmir by using Pakistani and now Afghan proxies.'
'Difficult issues should not be brushed under the carpet, but should be raised upfront, particularly by India. While engagement and dialogue are always welcome and desirable, there should be some tangible results. Mere signing of agreements, MoUs, joint declarations are not enough.'
State Bank of India chief Arundhati Bhattacharya, ICICI bank head Chanda Kochhar, Biocon founder Kiran Mazumdar-Shaw and HT Media chair Shobhana Bhartia are among the world's 100 most powerful women.
Prime Minister Narendra Modi on Sunday discovered a "special connection" with Mongolia when he entered the Buddhist country's Parliament to deliver a speech, the first foreign leader to do so on Sunday -- a holiday.
"Fifteen years ago, I was leading the efforts to approve the historic civil nuclear deal with India. I said that if the US and India became closer friends and partners, then the world will be a safer place," Biden, who was vice-president in the Obama administration, said while addressing the Indian-American community on India's Independence Day.
'The Indian version is that the two top diplomats merely exchanged pleasantries, while the Pakistani side characterised the encounter as an 'informal dialogue'.' 'The truth, as always in such piquant situations, is somewhere in between.' 'It stands to reason that ice has been broken,' says Ambassador M K Bhadrakumar.
Congruence on terrorism, current disquiet on immigration, short-term visa would top the wish list.
The implications aren't too significant, given the size of Ukraine and its role in the global economy.
Tired of the alleged "double game" being played by Islamabad, American lawmakers have announced to hold a Congressional hearing next week to discuss whether Pakistan is a "friend or foe" of the US in the war on terror.
As the pandemic unfolded, the India-China relationship has come under severe stress. To restore normalcy, agreements between the two countries must be respected scrupulously in their entirety. Where the Line of Actual Control is concerned, any attempt to unilaterally change the status quo is unacceptable, declares External Affairs Minister Dr Subrahmanyam Jaishankar.
'Another rejection of mediation between India and Pakistan will leave Mr Trump disappointed.' 'In that case, he is likely to point out the war-like situation on the border and press for direct talks which have been stalled on account of continuing terrorism from Pakistan,' notes Ambassador T P Sreenivasan.
'Even as discord over US-India trade and commerce colours diplomatic relations, defence relations between the two countries remain on a firm footing,' points out Ajai Shukla.
Punita is the founder and managing partner, Pacific Paradigm Advisors
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
The US hopes that the differences will be resolved peacefully, officials said in Washington.
'If the Chinese intent is to be gauged based on its aggression in the South China Sea, greater forays in the Indian Ocean, a hawk's attitude towards Taiwan, flying its fighters repeatedly over the Senkaku islands in the East China Sea and creating strategic assets globally, there would be a requirement for strategic partnerships for India,' says Brigadier S K Chatterji (retd).
'Both Japan and China face a common challenge: How to deal with Trump.' 'The trade war with the US seems to have facilitated/hastened Abe's China visit, the first by a Japanese prime minister since 2011,' points out Dr Rajaram Panda.
IMF believes it is mostly cyclical, not structural, but because of the financial sector issues, recovery will be not be quick. IMF said, it saw an opportunity with the strong mandate of the new government to reinvigorate the reform agenda to boost inclusive and sustainable growth.
An aggressive Pyongyang is likely to force Seoul and Tokyo to build nuclear deterrents and thus thwart Beijing's ambitions.
Prime Minister Narendra Modi on Thursday night left for Australia on the second leg of his three-nation tour during which he will attend the annual summit of the Group of 20 of the world's developed and emerging economies.
A sensational interview on India-China ties, with the man most qualified to answer.
There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.