The Sensex closed higher by 170 points at 26,128 and the Nifty rose 59 points to end at 7,943.
Investors cheered a sharp decline in the Current Account Deficit, which stands at a 4 year low as exports picked up and gold imports reduced.
'It will take a long time for the effects of demonetisation to wear away, and I am not even sure that a year lost, can at all be even recovered.'
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The year 2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5 per cent. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved.
...He'd be running a successful aviation business, says Anjuli Bhargava.
Most Asian markets ended with gains.
'Can he be the statesman that a divided nation needs?' 'Not remotely, but by following his gut, he may yet surprise the scores upon scores of naysayers,' says Vikram Johri.
A minor fix in tax laws can make start-ups bloom, says Ajit Balakrishnan.
A minor fix in tax laws can make start-ups bloom, says Ajit Balakrishnan.
Read the investor-developer agreement carefully before signing the cheque
Prime Minister Narendra Modi said India and the United Kingdom are economically made for each other.
While some companies, such as HSBC, have closed retail operations, big players such as India Infoline is scaling down.
The EB-5 Programme has been in effect since 1990 as an opportunity for the immigrant and their family to obtain permanent residency to the US.
The progress of the GST Bill in Parliament is also likely to remain in focus
The time the companies have to get ready for GST is 6 to 12 months.
FY16 saw the highest number of new product launches in a year from Maruti
Your choice should be based upon your strengths and goals.
Brokers like Vasudevan are struggling to keep themselves in tune with this super-informed, new-generation retail investor.
Would it serve India's interest to go to war with China over the Maldives, asks Aditi Phadnis.
Tech major's shareholders will receive total dividend of Rs 15,474 crore in FY15
Snapdeal's rival Flipkart had last announced its GMV in March this year -- $1 billion. Many rounds of funding later, sources estimate Flipkart's GMV at about $3 billion, a figure Snapdeal is trying to catch up with.
'While the GST is structured to be an all-encompassing tax and to create a vastly expanded digital network of recorded transactions, no one knows how traders long used to avoiding taxes will apply their ingenuity,' says T N Ninan.
As part of their deal Diageo agreed to pay Mallya, $75 million for stepping down as chairman of United Spirits and for entering into a non-compete pact
Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
India's online listing space is witnessing phenomenal growth.
The chain readies to expand its footprint as Bharti focuses on its retail venture.
N Sundaresha Subramanian, Karan Choudhury and Shreya Jai report on the sorry condition of homebuyers who invested in Jaypee Infratech and the Amrapali group's Noida-based projects.
Sensex in green in afternoon trade.
'The government has used the current macro situation to its advantage.'
Faced with a clutter of coffee houses and cafes that also serve the brew, the chain that has 119 stores in seven cities in India is looking at ways to differentiate its brand from the rest.
Tata Cha cafes hope to create a feel of a roadside tea cart, casual college canteens, old Irani cafs and even the chai joints encountered on journeys through the Indian countryside.
In February 2012, Laundry Project opened its first factory in Chennai. Initially, it catered to hotels - Taj, Oberoi, Marriot, Ascot and Radisson.
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
In January this year, Tata Sons invested an additional Rs 2,500 crore (Rs 25 billion) in Tata Teleservices which was used to repay loans of the wireless telephony company.
The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.
According to the draft, in the northeastern states the threshold is at Rs 500,000.
'A close relationship between India Inc and the government cannot help the BJP win elections.' 'While Opposition parties may feel good about Mr Bajaj criticising the Modi regime, the BJP should be seeing the indictment as a political boon,' says A K Bhattacharya.
The mobile wallet player plans to add more Chinese sellers to its e-commerce platform and boost technology for its soon-to-be-launched payments bank
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
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