The US stimulus programme has been credited with fuelling a global equities rally for most of the year.
The Nifty had crashed to a new 21-month low of 6,825 while the Finance Minister was speaking.
Mulls ways to improve the bank's earnings, cut bad loans and step up credit recovery efforts
Adapting quickly to playing conditions at the Rio Olympics will pose the biggest challenge for players, says Saina Nehwal, who is aiming to better the badminton bronze she won in London four years ago.
The central government's deposits with the RBI had fallen to just Rs 100 crore as of June 8.
Weakness in Infosys, L&T and Hindalco cap index gains.
The S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.3% and 0.5%, respectively
Reserve Bank of India (RBI) Governor Raghuram Rajan spoke on a host of issues at his last post-policy interaction with the media
In the broader market, the S&P BSE Midcap added over 1% to finish at record closing high
A coalition of Asian-American groups led by activist Deepa Iyer recently met United States President Barack Obama to urge him to support family reunification in the new comprehensive immigration reform bill.
With rate cut expectations running high ahead of RBI meet this week, risk appetite improved especially in rate sensitive stocks
'Global investors expect the rupee to be more vulnerable in the downturns in the future than ever before,' notes Apoorva Javadekar.
In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.5% and 0.4%, respectively.
'Access to finance is one of the most crucial needs in the economy.'
The challenge before the government now is to use the factors that are favourable to its benefit.
iGate Corp, the Nasdaq-listed information technology (IT) services company, on Thursday posted better-than-expected numbers for the quarter ended September 30, backed by impressive performance by some of its key verticals such as banking, financial services & insurance (BFSI), manufacturing and health care.
While some say the five-times Grand Slam champion, initially banned for two years after testing positive for Meldonium, has done her time some fellow players are angry the red carpet is being rolled out.
A "shocking" fraud involving 106 people, including former New York city cops and firefighters, who allegedly used the 9/11 terror attack disability benefits worth hundreds of millions of dollars to fund their lavish lifestyles, has been cracked by authorities in New York.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
However, strong rupee, concerns over production at home may spoil the party
The list acknowledges the 'inroads women are making in the business world'.
Provisioning for bad investments, finance costs shoot up in FY14.
IBA has commissioned a study to evaluate the pros and cons of keeping banks shut on Saturdays.
The push to connect India and drive a national fibre optic network, first approved by the last government in 2011, has made slow progress
At the close, the 50-share NSE Nifty was at 8,611.15, up 19.90 points, or 0.23 per cent, after moving between 8,637.15 and 8,555.20.
Generally, most Indians are under-prepared for their post-retirement life. Many middle class private sector employees end up consuming their PF accumulations for variety of other reasons like marriage of their children, medical treatment or purchase of house, etc., says Anil Chopra- Group CEO & Director- Bajaj Capital
Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
The President said that for rapid creation of jobs in the manufacturing sector, the government will strategically promote labour-intensive manufacturing.
IT shares lost ground tracking a sell-off in tech stocks on Nasdaq on Friday
Cash-strapped SpiceJet has cancelled over 1,800 flights across the country for the current month, in signs of mounting troubles for the budget airline.
Launched this April, the FCG business will end the year with a turnover of Rs 500 crore
These consistent performers are expected to maintain momentum.
A selection of musings from around the cricket World Cup.
News of all that's transpired on and off the football field.
News of all that's transpired on and off the football field
After 11 years at the helm of Jubilant, Ajay Kaul, the 'nuts and bolts' executive, called it a day amid speculation that his expansionist strategy was not clicking, says Viveat Susan Pinto.
Mallya understood, astutely, that the Dhingras were very keen to acquire Berger Paints. He upped his asking price. The figure Vijay asked for was found to be much more than what Kuldip and Gurbachan had anticipated. A fascinating excerpt from Sonu Bhasin's Unstoppable: Kuldip Singh Dhingra And The Rise Of Berger Paints.
Whether the rupee can regain that momentum will largely depend on foreign investors, who have been net buyers of more than $2 billion in shares over the previous 20 sessions and of $2.3 billion in bonds in March.
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