The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
'The actual price of petrol is Rs 35 and it jumps to Rs 88 because of government taxes.'
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
The FMCG index gained more than 1% on the back of stellar gains in ITC.
Finance Minister Arun Jaitley has said the larger interest of the public sector would be fully protected.
Tata Steel, SBI, L&T and Sun Pharma advanced 2-5% each.
Earning numbers of blue-chips, including ITC and SBI, due tomorrow.
Prime Minister Narendra Modi has made his debut among the world's most powerful people, ranked 15th on the Forbes list topped by Russian President Vladimir Putin who pipped his US counterpart Barack Obama for a second year in a row.
Because of India's weak fiscal position, the plethora of debt-burdened infrastructure companies and the poor asset quality of public sector banks, economic growth in 2015-16 may be limited to about six per cent, say Shankar Acharya.
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
This would make India the world's second-biggest nuclear energy market after China
The Bank of Japan's action has nullified the effects of the end of the US' quantitative easing programme but the dependence of foreign institutional investors remains a concern
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
IMF attributes the slower growth rate to supply-side bottlenecks.
Since multilateral trade creates a stable, peaceful world, normalisation of bilateral trade between India and Pakistan will start a series of peace building measures, especially along the bordering areas of both states which is the worst affected from the on-going conflict, say Riya Sinha and Shehzad Poonawalla.
'What should worry India and which needs to be expressed is Russia's simultaneous proximity to both China and Pakistan from a strategic angle. That hasn't happened ever before,' says Lieutenant General Syed Ata Hasnain (retd).
Indeed, Prime Minister Narendra Modi, who as Gujarat chief minister was considered close to certain business groups and industrialists, has hardly been seen with any Indian business head.
Sensex closed the day 416 points higher.
Saudi Arabia has severed diplomatic ties with Iran following attacks on the kingdom's embassy and consulate in the Islamic Republic over the execution of a Shiite cleric.
Ambitious diplomats continue to be attracted to politics but do they make good politicians, asks Jyoti Malhotra
The automobile segment is our preferred area, and old favourites such as Tata Motors, Bajaj and Maruti Suzuki continue to entice us.
India hopes to bridge gap with US to buffer against a Paris agreement that restricts country's developmental space.
This is the first time the fight is between mother and son. Both sides don't look in the mood to relent: Advisors and spin doctors have been hired, lawyers have been consulted.
Two US warships fired at least 50 cruise missiles at the Ash Shai'rat airfield in Homs province in western Syria, from where the US administration believes Syrian President Bashar Al-Assad fired the chemical weapons against his own people, media reports said.
'The year in pictures' treks across the globe, looking back on the moments that shaped 2016. From the United States presidential race, to demonetisation in India to the refugee crisis, the news has kept pouring in. Here are our top 50 moments from the world.
Petroleum and Natural Gas Minister Dharmendra Pradhan speaks to Sheela Bhatt/Rediff.com.
Clean energy cess to hike cost for power sector.
Chinese leaders may well respond to challenges with heightened rhetoric.
A rising number of Greeks in rural areas are swapping goods and services in cashless transactions.
The Modi government's array of economic policy has been impressive.
The year threw up quite a few shockers, some rather rude one. Below are Rediff.com's 12 picks that made us sit back and think, 'Did that really happen?'
Here's the latest news from the world of glamour and fashion.
In the second and final part of this interview, energy and coal industry expert Sunjoy Joshi tells Sheela Bhatt/Rediff.com that we need to take a comprehensive view of the entire energy sector and how piecemeal reform won't take us very far.
'India should think big: About how in a multi-polar world, India can indeed be one of the poles, rather than being a secondary power that has to worry about 'alignment' with one of the poles. A G3 in other words, India should look to getting others to align with itself rather than the US or China,' says Rajeev Srinivasan.
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.
Who are the men the prime minister relies on to execute his impressive agenda?
In his penultimate State of the Union address, Barack Obama said that the economy is improving.
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
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