Jaitley said returns from the stock market are quite attracting and it was time to bring them under the ambit of capital gains tax.
The broad-based NSE Nifty hit a low of 10,979.30 intra-day, managed to end above the 11,000-level at 11,027.70, down 21.95 points, or 0.20 per cent.
The NSE 50-share index finally concluded at 10,417.15, up 14.90 points
Banking shares gained after the Reserve Bank allowed lenders to spread provisions for bond losses in the third and fourth quarters of the previous fiscal over the next four quarters.
When the third round of bids was opened, Oaktree's offer was the highest, but with several riders. While Piramal offered higher upfront cash and offered to merge its financial business with DHFL, Adani was ranked third in the race, reports Dev Chatterjee.
The market buzz is that the GoAir promoters are hoping for a valuation that is at least a little more than double its closest rival SpiceJet.
Young and upoming fashion designer Kallol Datta insists he is not half as grim as his clothes. We let him prove it by tickling his funny bone.
When it comes to Mr Portnoy, it is hard to claim that his trading patterns are any more logical than his fictional namesake's methods of entertaining himself, notes Devangshu Datta.
BCCI Apex Council will work on finalising India's revised Future Tours Program and the domestic season.
History of electronics indicates that no company, nor any nation for that matter, has been able to cement pole position and maintain it through several cycles. he death of its iconic promoter, Lee Kun-hee, raises questions over how long the chaebol can maintain its gigantic footprint in the global electronics industry, says Devangshu Datta.
According to reports, 11 Delhi cricketers paid around Rs 1 crore to two coaches who promised them opportunity to play Ranji Trophy cricket.
The broader NSE Nifty also soared 122.60 points, or 1.22 per cent, on Thursday, to close at 10,166.70 after shuttling between 10,182.65 and 10,061.90.
The broader NSE Nifty, after cracking the 10,600-mark, ended 82.30 points, or 0.77 per cent, lower at 10,589.10.
The Surat diamond industry is likely to face a loss of around Rs 8,000 crores in next two months as Hong Kong, which is a major export destination, has declared a state of emergency due to the coronavirus outbreak in China, say experts. Hong Kong is a major business hub for the Surat diamond industry, but schools and colleges have been closed there till the first week of March and even businesses are seeing a dip in view of the outbreak of the novel coronavirus.
Rizwan Kaskar, the son of Ibrahim's brother Iqbal Kaskar, was arrested on Wednesday night from the international airport when he was trying to escape the country.
The centrality of idle office chitchat has only recently come to be acknowledged by executives as they jettison their access cards and work from home in larger numbers, notes Kanika Datta.
The hack may have been done by a rogue Twitter employee, or it may have been a smart hack into the Twitter system, or a social hack where someone conned Twitter's employees into giving them access,' suspects Devangshu Datta.
'Once accession to Pakistan appeared unlikely, the British instituted Operations Gulmarg and Datta Khel respectively to foil possible accession to India.'
The emperor's appetite for enlarging his realm translated into a fetish for raising taxes, despite the simplicity of his personal lifestyle, points out Devangshu Datta.
The IT industry advisories show that they think they've weathered the worst, observes Devangshu Datta.
Overt displays of physical machismo is the stamp of the strongman and it's a symptom that manifests itself in direct proportion to their sense of insecurity, says Kanika Datta.
The Green Revolution owes a debt to Norman Borlaug, whose birth centenary falls this year.
Roy, on his part, said the decision to name him in the first information report was 'politically motivated'.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'The norm will be even less public accountability, even less transparency, tweets instead of press conferences, TV lectures rather than parliamentary debate, and greater political authoritarianism,' predicts Sunanda K Datta-Ray.
Overall, in the last five straight sessions, the index has lost nearly 1,129 points.
'This is the first time there has been an attempt to use market forces to counter disinformation on social media,' notes Devangshu Datta.
'To keep the next catastrophe at bay, a carbon free economy will be an imperative. 'Our 2000 cc internal combustion engine powered personal cars and public transport may have to give way to electric and hydrogen powered fuel cells. 'The oil refineries which were so much part of my professional life may have to be dismantled and trees planted in its place. 'The smokestacks, which once upon a time represented growth and prosperity, will now be gory symbols of a polluting past,' notes former Hindustan Petroleum chairman Arun Balakrishnan.
A clutch of professional talent management firms is changing the balance of demand and supply in India's entertainment industry, writes Vanita Kohli-Khandekar.
Former Pakistan Test cricketer Saqlain Mushtaq has agreed to a 10-day spell with England as their spin-bowling consultant for the upcoming series against Pakistan.
Former India captain Mahendra Singh Dhoni has picked Pakistani speedster Shoaib Akhtar as the toughest bowler he has faced in his illustrious international career.
Karnataka Chief Minister Siddaramaiah on Monday said the Goonda Act would be invoked against the skating instructor, arrested in connection with the alleged rape of a six-year-old student at a public school, as he was involved in similar cases earlier.
The court also framed charges for destruction of evidence and under Section 328 (causing hurt by poisoning with an intent to hurt) of the RPC.
Former England spinner Monty Panesar dismissed Sachin Tendulkar four times in 11 Tests but says the Indian legend was the best batsman he played against alongside Sri Lanka's Kumar Sangakkara and Mahela Jayawardene. Virender Sehwag was the "most destructive" of that era, Rahul Dravid was "The Wall", but the ability to change gears made Tendulkar the best.
Reader Anannya Datta has send us this photograph of the star.
The facts are hard to dispute. Suarez bites people; he is a scofflaw; he is a racist. Most fans outside Uruguay would write him off as an out-of-control gunslinger, who should literally be muzzled before being allowed on to a field again.
Investors remained on the sidelines amid doubts whether the B S Yeddyurappa government in Karnataka will be able to prove its majority in the house on Saturday, brokers said.
Corporate revenues will decline for a third consecutive quarter in March on a YoY basis - one of the worst shows by these companies in many years.