Private sector firms need to be re-engaged for better infra planning.
The 30-share Sensex closed up 34 points at 27,831 and the 50-share Nifty ended up 15 points at 8,356.
The Duncans Goenka group is in a spot of bother over the death of workers and non-payment of dues to employees.
Under attack over the alleged power projects scam in Arunachal Pradesh, Union minister Kiren Rijiju on Tuesday rejected allegations of wrongdoing and said those who have "planted" the story against him "will be beaten up with shoes".
Income from renting of properties is taxed at a flat rate of 10%.
Chief Economic Advisor Arvind Subramanian's interview.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
With Beijing having had a profound rethink on India's admission as a full member of the Shanghai Cooperation Organisation, the tectonic plates of the geopolitics of a massive swathe of the planet stretching from the Asia-Pacific to West Asia are dramatically shifting. That grating noise in the Central Asian steppes will be heard far and wide -- as far as North America, says Ambassador M K Bhadrakumar.
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