The Sensex ended above 27,000 for the first time while the Nifty topped 8,100.
The fiscal deficit in current fiscal has been estimated at 3.9%.
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Government seeks stakeholders' comments by Jan 30 on discussion paper.
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
"India has become the fastest growing major economy in the world. Despite the global slowdown, we have registered excellent growth. Today, India is a bright spot in the global economy. We are seen as the engine of global growth," he said.
One of the key concerns of foreign investors is how the general anti-avoidance rule would apply in case an investor is availing benefits under double taxation avoidance agreement.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
As defence minister, Singh's most crucial challenge will be to speed up the long-delayed modernisation of the three services besides ensuring overall coherence in their combat readiness.
India's rank was further amplified by the collapse of the South American and Russian economies.
Watchdogs of the economy have not been barking and it is high time we noticed it, says Shreekant Sambrani.
As West Bengal, Kerala, Assam, Tamil Nadu and Puducherry prepare for new administrations, one is reminded of the disparity that runs through the veins of the Indian states, notes Mihir S Sharma.
'Mayawati is an experienced politician with a track record in national politics much longer than Modi's.' 'She must be sensing from the tremors in the Hindi heartland she crisscrossed in recent months that the prospect of another Modi-led government at the Centre is fast receding,' says M K Bhadrakumar.
To invest $1 bn in realty sector, mulls new funds; has done exits worth Rs 8,000 crore, says founder
According to a confidential government paper seen by Reuters, several states want to do away with obtaining landowners' consent altogether in some cases and to cut through red tape which they say holds up development.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
Park only savings that need not be touched for many years, says Devangshu Datta.
Is North Korea really dismantling its nuclear programme? Rajaram Panda explains the many challenges to denuclearise the Korean Peninsula.
'For investors who are willing to remain invested for two - three years, there exist quite a few good opportunities.'
The tally of 114 includes two fatalities and 17 foreigners as well as 13 people who were discharged after they recovered from the infection.
A strong showing will be vital to Narendra Modi's chances of a second term.
National carrier Air India became part of the 27-member global airlines grouping Star Alliance, as budget airline AirAsia India launched operations and Tata-SIA joint venture carrier Vistara received the flying permit and announced its intentions to start operations from January 9.
The watershed 2014 Indian election has thrown a decisive mandate after 30 years of coalition-based governments.
Amid a grim global scenario, India will have to labour hard to hold on to seven per cent growth in 2016-17.
By throwing food at poverty that is result of faulty economics and lack of jobs, one is only trying to suicidal path.
Sanand has catapulted into the big league of automobile industry hubs.
'It is only fear and speculation, without much substance, that has led to the fall.'
A cut in rates would have encouraged the banks to lend aggressively on the retail front.
At Infosys and Wipro, 8,200 roles have been impacted in six months.
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The Tata Group says it is bullish on investment in India.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
FY17 GDP growth faces cash crunch heat
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.
India needs to strengthen its economic growth, says IMF.
Sensex catapults 1,241 points and Nifty vaults 382 points in two sessions in a row.
The fragmentation of politics and the pressures of coalition management have contributed to a near-secular rise in budgetary social expenditures and spending on subsidies since 1991, leaving little fiscal space for government-led capital investment.
Stock prices is due to valuation expansion
The WTO toolkit provides various instruments to deal with such situations - anti-dumping duties, countervailing duties and safeguard measures.
'This is a historic juncture when the US is in great need of an alliance with India to strengthen its hands in the fierce struggle with China in the Asian theatre,' points out Ambassador M K Bhadrakumar.
Higher import duties on steel improve the bottom lines of steel-makers, but depress those of downstream users of steel.
No one expects the government to publicly concede policy mistakes. But it can shed denial; and, stop the point-winning debating style to the formulation of public policy, says Rahul Khullar.
