In his massive election rallies, Prime Minister Narendra Modi often caught voters fancy promising that each individual would get Rs 15-20 lakh in his bank account if he came to power.
Auto and realty shares were among the top Sensex gainers.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
'India's sizeable forex reserves should help stem a possible fall in our currency.'
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
The real benefits can be seen when prices stabilise, preferably at levels acceptable to both consumers and producers.
A stable dollar will at minimum reduce incremental cross-currency pain for Indian cos.
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
The SIT was created by Supreme Court and notified by the government last year to curb black money.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
FDI inflows into India were $34 billion in 2014, up 22%.
Many factors leading to the 2008 financial crisis still exist.
A special court on Tuesday opened the statement of 'secret witness' Ravina Raj Kohli, former president of Star News, from a sealed cover and handed it over to the defence lawyers.
Sebi's new FPI regulation has helped attract new capital pool, up registrations.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
HSBC analysts believe the UV which might sell about 3,000 units a month might fail to be an aspirational product in urban India.
Sensex ended at 26,272 up 125 points and Nifty ended at 7,831 up by 35 points.
India has a double-taxation avoidance pact with Singapore and more than 85 countries.
Rajan's deputy Khan cautions against early celebration of falling inflation, unhedged forex exposure.
India must first improve working condition, then it can concentrate on Make in India concept.
Prime Minister Narendra Modi, in his second 'Mann ki Baat' radio address to the nation on Sunday, said as far as the issue of black money was concerned, he would work to ensure that every single penny was returned back to the country.
Whether India can create labour-intensive factory jobs instead that it needs to put millions to work in the next few years looks very unlikely.
That is bad news for officials taking part in discussions at the International Monetary Fund and World Bank meetings this week.
'If you ask me what is God, I'd say, God is Mr World.'
Amit Malviya has been pilloried for allegedly threatening journalists, indulging in fake news and generally bringing a bad name to his party.
The value of the index, adjusted from its all-time high for the relative loss in the rupee's value, is close to sub-10,000 levels.
The broader markets, however, outperformed their larger peers.
However, IT stocks fell on weak growth forecast by Gartner
Govt is likely to find it hard to meet deficit target next year.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
Technically, the Indian economy is on road to recovery.
Earning numbers of blue-chips, including ITC and SBI, due tomorrow.
FY16 GDP growth was seen at 7.5%, against 8.1-8.5% earlier.
Anglo-Dutch parent's stake in Indian subsidiary rises from 52.5% to 67.3%.
Indian business, on quite a different trajectory from its global counterpart, remains relatively insulated from any kind of backlash.
BJP's success in two state elections gave Modi room to cut through a thicket of regulations and state controls.
But lower growth numbers in the quarters to come may not mean renewed weakness in the economy at the ground level, says Pranjul Bhandari.
For now, the upside appears to offset damage done to exports by weaker global demand.
