At 15.05 PM, the 30-share Sensex was up 281 points at 28,238 and the 50-share Nifty gained 86 points at 8,577
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
The reported controversial remarks of President Pranab Mukherjee on Bofors issue to a Swedish daily have no bearing on his upcoming tour of Sweden, the first State visit, beginning on May 31, External Affairs Ministry said in New Delhi on Thursday.
India Inc gets about Rs 67,000 crore worth of fresh orders in the Sept quarter, a rise of 45% sequentially.
'Coordination between our 50 teams, each with a strength of 45 men, played a key role in rescuing flood-affected people in Chennai. In all, we succeeded in rescuing over 20,000 people.'
'Modi and Abe are working seriously for India-Japan bonhomie to grow stronger.' 'It is a win-win situation for both countries and the future look promising,' says Rajaram Panda, the Indian Council for Cultural Relations India Chair Visiting Professor at Reitaku University, Japan.
The Sensex closed higher by 170 points at 26,128 and the Nifty rose 59 points to end at 7,943.
Here's your weekly digest of bizarre moments from around the world.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
India has built two top-secret facilities in Karnataka to enrich uranium in pursuit of its hydrogen bomb dream.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Volkswagen mess costs Germany its strongest nation brand position.
Caution prevailed across the bourses ahead of the Union Budget.
It is not very easy to wriggle out of your role as a guarantor in case the original borrower defaults. Nevertheless, you can still come out of the situation with your credit record intact.
There is enough scope for India and China to cooperate on nuclear energy issues despite the lingering issues which not only includes the Sino-Pakistan nexus, but also the Sino-India border dispute over the LAC, says Debalina Ghoshal.
A steep decline in the Asian equities after crude oil fell to its lowest since September 2003 dented sentiments.
The taxpayers and honest borrowers suffer when a big entity defaults.
The government is open to reviewing all cases of blacklisted defence firms on merit and has partially lifted a ban on Tatra trucks as it prepares a new policy that will allow foreign defence firms to legally hire agents, Defence Minister Manohar Parrikar said.
'How come with Nehru at the helm, India missed so many buses? He had such unchallenged power that he could have taken the country in any direction he wanted. The sad conclusion is inescapable that Nehru let things drift in true Hamletian ambivalence,' says B S Raghavan.
Smart cities can provide more safety, better management of traffic congestion, a low-carbon environment and better services.
Integrating supersonic missile with Sukhoi requires about $50 million; engine modifications, so many works given to Russians.
Integrating supersonic missile with Sukhoi requires about $50 million; engine modifications, so many works given to Russians.
The processes that create a seven per cent-plus GDP growth rate without a similar growth in jobs are far from fully understood, says Ajit Balakrishnan.
What we want from spectrum allocation is access to broadband networks at prices that will result in productivity gains.
Ajit Balakrishnan rewinds to a decade when mobile phones were unheard of and when an IIM degree had a different purpose and value.
Rajeev Chandrasekhar discusses five issues pivotal for the success of Digital India
World Bank's Doing Business Indicators ranks India (out of 189) at 132 for trading across borders.
Naresh Chandra -- distinguished civil servant and diplomat -- passed into the ages on Sunday, July 9. Ambassador T P Sreenivasan salutes a patriot like none other.<
In the long run, the decision could bring clearer rules to a sector that has failed to provide India with enough power because it has been so hamstrung by confusion and scandals over concessions allegedly handed to government cronies.
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'
The 2016 edition of the Sony World Photography Awards, the world's biggest photography competition, organised by the World Photography Organisation, announces the shortlists for its Professional, Open and Youth competitions.
With the threat of disease outbreak lurking in flood-ravaged Jammu and Kashmir, efforts have been initiated on a war-footing to provide medical staff and medicines even as rescue operations were slightly hampered on Sunday due to return of rains in the Valley.
Investor confidence has evaporated amid fears over the rising cost of funding India's gaping current account deficit, prompting New Delhi to delay plans to raise much-needed funds through partial privatisations, finance ministry sources said.
The fall in reserves was due to a sharp fall in foreign currency assets.
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
'When sensitive territory goes into the hands of your enemy. he becomes more powerful in military terms.' 'Assuming the Chinese take over the Doklam Plateau they will not stop at that.' 'They will keep ingressing, and it will be easier for them to further expand their territory.' 'I feel the Chinese will vacate that area in two months after it begins to snow.'
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
Because a settled account will do more damage to your credit history than you can imagine.
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