The 30-share Sensex was up 137 points at 19,517 and the 50-share Nifty was up 45 points at 5,780.
Chidambaram said there was no tension between the finance ministry and the Reserve Bank of India.
On Friday, the euro weakened to a near 14-month-low against the dollar, after the European Central Bank announced a fresh round of stimulus and promised more if required.
ATCO's subsidiary, ATCO I-Tek, will become a part of Wipro after the closure of the deal, which is expected to be completed in this quarter.
A design firm in Dubai is recruiting various designer profiles.
Moody's said India's current account deficit (CAD) has narrowed significantly from 4.8 per cent in 2012 to 1.4 per cent in 2014.
If inflows continue, some experts see rupee touching 55 to the dollar, in the near term.
The intensity of fire and explosions at central ammunition depot at Pulgaon in Wardha district was such that seven of the victims were blown to pieces, a top police official said.
The GDP growth for 2014-15 is pegged at 5.4 to 5.9 per cent: Economic Survey
Soon after taking over as RBI Governor on September 4, Raghuram Rajan had announced opening of a swap window facility to encourage banks to lure NRI funds.
'The rupee falling from 69 to 72 was not normal or justified by the fundamentals.' 'And therefore I treat this as temporary.'
He said gold imports in October rose slightly to 23.5 tonnes.
Gold imports fell to 19.3 tonnes in November from a high of 162 tonnes in May in the wake of a series of curbs by both the government and the Reserve Bank of India.
However, some experts, including RBI Governor Raghuram Rajan, have favoured doing away with curbs on gold imports because they lead to smuggling.
Rapid depreciation of the rupee put us in a vicious spiral: D Subbarao
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The economy grew at a four year low of 4.4 per cent in the April-June quarter of current year.
Ahead of the Budget, Finance Minister Arun Jaitley on Tuesday underlined the need for tax reforms and quick decision making to ensure stability in policy regime.
The Prime Minister's Economic Advisory Council Chief further said that 'inflation is showing signs of coming down and therefore attraction of financial products will be greater'.
HDFC Bank, ICICI Bank, HDFC and SBI contributed the most to the gains in the Sensex up between 2-3% each.
The prime minister made a reference to orderly exit from unconventional monetary policies in the backdrop of splits between emerging markets and the US.
Mass downgrades of GDP projections make it likely that there will be another wave of FII selling fairly soon
The five policy missteps that have led India to economic crisis.
India's current account deficit is narrower than expected at $21.8 billion, or 4.9 per cent of gross domestic product, in the June quarter.
The CAD in 2012-13 was at 4.7 per cent of GDP and in 2013-14 it will only 1.7 per cent, the Finance Minister said.
Rising CAD, low growth & inflation may spark off an economic crisis in India.
Mayaram also said as of now, a shutdown of the US government is not likely to have a major impact on the Indian economy.
BSE Oil & Gas, Healthcare and IT indices have surged by 3% each followed by counters like TECk, Banks, Realty, PSU, Power and Metal, all gaining between 1-2%.
The three hour long meeting was attended by Secretaries of departments of Revenue, Expenditure, Financial services and Disinvestment.
It's in the same boat as other emerging markets with current account deficits, but the recent capital-raising measures may help
Despite a higher CAD in the first quarter, capital inflows were broadly adequate to finance the current account gap, requiring only a marginal drawdown of foreign exchange reserves.
Sukanya Verma tells us just what makes Mirch Masala a must watch.
A veteran bullion analyst expects monthly import to average 50 tonnes till December.
With India faced with high Current Account Deficit, FM has been visiting major global financial hubs like Japan, Germany, Hong Kong and Singapore, to project the country as a investment destination.
Gold and silver imports declined 80.55 per cent to $1.05 billion in November after a slew of measures taken by the government to curb inbound shipments of the metal, aimed at narrowing the current account deficit.
The government on Friday reduced the import tariff value on gold and silver to $420 per 10 grams and $645 per kg, respectively, taking cues from firm global prices.
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India's economic growth slipped to decade low of 5 per cent in 2012-13 and in the current fiscal it estimated to be around the same level.
Declining value of the rupee, widening Current Account Deficit (CAD) and the impact of likely tapering of US bond purchases are some of the key issues which will keep Raghuram Rajan busy.
Looks at sovereign funds and Fortune 500 firms.
Subdued Asian and European markets due to escalating trade war between the US and China mainly led to caution on domestic bourses, brokers said.
As many as 1,578 dedicated COVID hospitals are providing quality medical care.
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