The e-commerce sector gave a much higher average hike of 16-20 per cent to its executives.
Optimism about a stable govt at the Centre, a demand revival and falling oil prices buoyed the markets.
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The power of a nation is directly related to the revenues it realises from its citizens. But India loses a gargantuan Rs 5.8 lakh crore, as the IT department drags its feet over recovering uncollected taxes in time or holding up files in appeal cases, says Mohan Guruswamy.
2015 will be a real test for Modi govt.
Outlining the Budget estimates for the coming year, the Railway Minister Suresh Prabhu put the plan size at Rs 1.21 lakh crore.
Government claims big successes in agriculture, rural roads & investment scenario.
The central bank has been intervening in the foreign exchange market by buying dollars, and this is capping the rupee's gains.
The non-oil, non-finance sector of the economy is under severe stress.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
The NITI Aayog's vice-chairman's charge holds ground.
Asian shares ended higher after a string of positive US economic data.
'She has to get the funds, cut through bureaucratic flab, speed up modernisation, ensure planned acquisitions stick to timelines, make organisational changes and ensure the military is capable of performing the task that it is given,' says Brigadier S K Chatterjee (retd).
A summary of sports events and persons who made news on Thursday
While consumers will be paying a higher upfront cost for smart metering, the share in the efficiency gains could more than offset this higher spend
'The number of deaths attributable to warming is likely to rise in the future.'
'This is clearly a much stronger government, a much strong Prime Minister's Office and a much more disciplined approach. There is an improvement of the work culture in the government -- people don't play golf in the mornings anymore. There is a huge attempt going on to making business easier,' says Rakesh Mohan, executive director at the IMF.
According to jewellers and MMTC-PAMP India, gold demand has picked up in the wake of good monsoon and favourable price levels. There was positive response and more footfalls.
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
News of all that's transpired on and off the football field
Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.
'Well done, Mr Jaitley, now go and implement your schemes. No leakages, no lapses and no laziness.'
Whatever the ideologies of our leader are, the end result should be nothing more than well being of our fellow citizens, says Khemchand H Sakaldeepi and Nupur Pavan Bang.
'No country can go from zero to hero at the Olympics.' 'A hundred Indians now feature in the world's top 25 and that's progress,' says Shekhar Gupta.
United States President Barack Obama said goodbye to his nation in an emotional address enriched with wisdom and optimism.
Experts say it will make GDP growth target of 5.7-5.8% difficult to achieve, while ministries feel late resurgence will help in sowing of rabi crops.
China's slowing means commodity markets are no longer overheated.
'His secretary of defence nominee, General James Mattis, says he expects Pakistan to take action against terrorists operating from its soil.' 'Any pressure the US can bring on the Pakistani regime terror-wise would pay dividends for India.'
By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says B S Raghavan.
India's growth, he said, remains resilient with low inflation, fiscal prudence and low current account deficit, talking about robust structural reform measures.
At its core, Criminal Justice is a tale of small miscalculations leading to grave consequences, feels Sreehari Nair.
Democracies avoid serious political turbulence only so long as they ensure that the relative level of inequality between the rich and the poor does not become excessively large, says Vice President M Hamid Ansari.
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
'Who would have thought that Brexit would take place or Donald Trump would become US president or Kim Jong-un's madness could bring the prospect of nuclear war over Asia?' 'It is the time of the unexpected; the French elections should perhaps be seen in this perspective,' says Claude Arpi.
The following is the full text of US President Donald Trump's first address to a joint session of the Congress on February 28, as prepared for delivery and released by the White House press office.
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
Glimpses of I-Day celebrations across India.
President Pranab Mukherjee on Thursday addressed the nation on the eve of the 68th Independence Day.
'Without it, it is going to be much, much, much, much worse.' 'In the meantime, we really need to work on a sort of war footing, given that it is a natural disaster, provide relief, provide essentials, till we get biological herd immunity, we need to get economic immunity, and also social immunity.'
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
Here is what you must not think before buying life insurance, says V Viswanand, Senior Director and Chief Operations Officer, Max Life Insurance
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