Early gains in old and new economy stocks saw the index open with a huge positive gap of 40 points at 4,947.
With the increase in corporate tax collection, the net direct tax mop up rose by 15 per cent to Rs 32,885 crore (Rs 328.85 billion) till September 25, even as the income tax collection was slow.
The direct tax collection, which was flat till August, has picked up to clock 4 per cent growth at Rs 18,077 crore (Rs 180.77 billion) till September 15.
The Centre's net borrowings stood at Rs 61,318 crore (Rs 613.18 billion) till August 8, completing 57.2 per cent of the budgeted Rs 1,07,194 crore (Rs 1,071.94 billion) for this financial year, PNB Gilts said in New Delhi on Tuesday.
The government's gross borrowings were down by near nine per cent to Rs 51,001 crore (Rs 510.01 billion) till June 27 as against the same period last year, even as there was a 10 per cent rise in redemptions, PNB Gilts said.
Centre's gross borrowings stood at Rs 50,001 crore (Rs 500.01 billion) till June 13, down by over nine per cent from Rs 55,001 crore (Rs 550.01 billion) in the previous year, indicating fiscal prudence, PNB Gilts said.
Amid reports of a possible stake sale, low-cost airline SpiceJet on Friday said it is exploring all options to mop up funds to overcome the cash crunch.
Spinner Moeen Ali completed a hat-trick to seal England's 239-run victory over South Africa in the third Test at The Oval on Monday.
Indirect tax revenues rose marginally by 5.6 per cent in the April-October period to over Rs 2.85 lakh crore, mainly on account of increase in service tax and customs collections.
Pacers Basil Thampi and Sandeep Warrier powered Kerala into the semi-finals of the Ranji Trophy as the hosts registered a thumping 113-run win over Gujarat, on Day 3, in Wayanad, on Thursday.
Tax collections surged by 15.26 per cent to Rs 1,61,450 crore (Rs 1,614.50 billion) in the first ten months of this fiscal despite a steep fall in direct tax collections last month.
The solar rooftop system will generate 7,200 kilowatts per system per year, and it will be used for powering internal lights, fans, and other electrical systems of the coach.
The government had mopped up Rs 2,700 crore from the sale of a new 7 per cent, six-year tax-free bond till the first week of January, a finance ministry official said on Wednesday.
If investors still have appetite to buy shares in one of the region's most expensive markets, Coal India might stack up.
Crisis-ridden NSEL on Wednesday declared ten more entities as defaulters after they failed to pay their dues on the second-pay out, taking the number of members who are to pay dues at 19.
The government has mopped up Rs 1,26,034 crore (Rs billion) till last week taking the gross market borrowing to over 88 per cent of the budgeted Rs 1,42,867 crore (Rs 1,428.67 billion) for the entire fiscal.
'We have to be confident, we have to continue what we're doing, doing the basics really well, getting big first innings runs is crucial as we've seen, and just backing up day in and day out.'
Root's innings was always going to be crucial to his team's chances of chasing down a record 354 at Adelaide Oval and although the innings limped on into a second hour, the hope raised among the English on Tuesday was gone.
England, who hold the urn, were dismissed for 233 in their second innings in the opening session of the fifth and final day of the maiden pink ball Ashes Test.
While RBI's foreign exchange reserves have swelled to over $400 billion, it has a 'sell' position of $981 billion.
Union Law Minister Ravi Shankar Prasad, however, said that the appointment of judges would go ahead irrespective of whether new Memorandum of Procedure was in place or not.
This is part of a strategy to mop up as much revenue as possible in the current financial year.
A pulsating Ashes opener that had promised a grandstand finish will more than likely end early with a handsome win to Australia after Steve Smith's side pushed within 56 runs of victory at the close of day four on Sunday.
Historically, it is only the third time funds raised through IPOs has crossed the Rs 10k-crore mark
"The people of Karnataka have made up their minds to throw out the Siddaramaiah government. They are disappointed with it on many fronts, with corruption being the main issue. The relationship between corruption and Congress party is akin to water and fish," Shah said.
Helicopter Eela could have been a good film but falls short, says Savera R Someshwar.
Bonuses are typically commensurate with deal activity in any given year. Investment banks, on average, pocket 2-3 per cent as fees for managing an IPO and 1.5-2 per cent for handling QIPs.
Oil companies on Monday slashed petrol price by Rs 3.02 per litre.
The public sector behemoth is looking at forming joint ventures with states.
Fuel rates were last revised on February 1 when petrol price was cut by a marginal 4 paise a litre.
Chelsea's David Luiz never really looked cut out for a role as a defensive rock in one of England's meanest rearguards.
Domestic budget carriers SpiceJet, Indigo and GoAir have rolled out another sale offer with fares starting from Rs 1,699 for a limited period on domestic routes.
The entities are classified as 'vanishing companies' if they cease to file their balance sheets and other documents after raising capital and the whereabouts of their offices or directors become untraceable.
Prime Minister Narendra Modi took a dig at pre-election promises to reduce power and water bills, saying he wondered how such promises could be made in states which were dependent on electricity from outside.
Lines up seven OFS issues along with half a dozen IPOs for the next few months
