The top court also asked the Centre to submit its report in January on the notification of rules by which social media misuse can be checked and liability could be fastened on intermediaries to decrypt messages.
Rupee falls 5 paise against dollar, ends at 61.92.
There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.
Top gainers of the session included Bajaj Auto, Kotak Bank, M&M, Vedanta, IndusInd Bank, Asian Paints, HDFC Bank, Reliance Industries, HUL, HDFC, ITC, Tata Steel and Tata Motors, rallying up to 5 per cent.
The top court, which refused to pass any interim stay order on the quota, said chances of physical court seem remote due to the persisting COVID-19 pandemic. A bench of Justices L N Rao, Hemant Gupta and S Ravindra Bhatt asked the parties said that all parties should sit together and decide on modalities of hearing like who will take how much time and no one shall repeat the arguments.
Both the indices closed at five-month highs, led by financial services, IT and metal stocks, amid persistent foreign fund inflows.
After the April-July fiscal deficit data was released on August 31, several analysts hinted that the government may need to go for cuts in capital expenditure to meet the fiscal deficit target.
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
About 70 per cent of ATMs in India are running on outdated operating systems, which makes it easier for fraudsters to crack them
While the number of persons affected by the H1N1 virus breached the 34,000-mark.
The fiscal deficit rose primarily on the back of lower non-tax revenues, which came in at 60 per cent of full-year target, compared with 62.4 per cent for the same period last year.
The documents obtained from the cyberattack on Democratic Congressional Campaign Committee was released by a hacker known as Guccifer 2.0.
Kotak Bank was the top gainer in the Sensex pack, ending 4.31 per cent higher. PowerGrid, TCS, ICICI Bank, SBI, HCL Tech, NTPC, Infosys, Bajaj Finance, HDFC duo, ONGC, Vedanta and IndusInd Bank too rose up to 2.84 per cent.
Geo-political concerns over death of a Saudi journalist, Brexit and likely breach in Italy's budget also kept investors cautious.
Why self-audit by NSE, why weren't charges probed under your supervision, ministry asks regulator.
ICICI Bank was the top gainer in the Sensex pack, surging 4.64 per cent, followed by Axis Bank at 3.86 per cent and SBI 2.53 per cent.
Cheaper crude oil weakens rupee even as core sector growth revives
A secret document provided by National Security Agency whistleblower Edward Snowden reveals that only 1 billion of the 1.35 intercepts that the US snooped on are terror related, the rest a breach of privacy. Vicky Nanjappa reports
A national cyber crime and coordination centre meant to fend off such attacks is still awaiting approval
According to data compiled by London-based Gold Field Minerals Services (GFMS) for the World Gold Council (WGC), the combination of a robust economy and buoyant stock market helped fuel purchases of the metal during the first eight to nine months of the year, despite gold breaching the psychologically significant level of Rs 9,000 per 10 grams in September.
The chief minister said the Delhi government was implementing from November 19 its decision to reserve 80 per cent of ICU beds in private hospitals for COVID-19 patients.
The death toll climbed to 15,301 with 407 new fatalities, according to the Union health ministry data.
'The most valuable personal sensitive information of present and future citizens has been made available to foreign data firms and governments and non-State actors for all time to come,' says Gopal Krishna.
'Foreign clients are beginning to question the reliability of outsourcing and are considering insourcing'
Exam centres will not only ensure social distancing among examinees -- there will also be a strong focus on avoiding malpractices and conducting the test with minimal human intervention.
The US and European Union on Monday announced a round of sanctions against Russian officials.
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
Security agencies are not too thrilled about the Election Commission's decision to share its data with interns from the United Nations
The BSE Sensex surged over 442 points to close at its life-time high of 38,694.11 and the broader NSE Nifty ended at a fresh record of 11,691.95, rising 134.85 points.
The Congress, which was not a petitioner before the apex court, wants the Rafale deal to be referred to a Joint Parliamentary Committee to go into the price arrived at by the BJP government versus the one negotiated by the previous UPA regime, as also how billionaire Anil Ambani's group with virtually no experience in manufacture of fighter jets was selected as an offset partner for the deal.
The growth of offshore business process outsourcing industry in the country is likely to further slow down over the next one year amid concerns over data security breach, high attrition rates and staffing costs, rising competition and continuing marg
While other states are becoming competitive, Gujarat, say experts is not paying enough attention to maintaining its own position in terms of business reforms.
This is particularly disturbing because these screenshots -- and videos of your activity on the screen -- could include usernames, passwords, credit card numbers, and other important personal information, researchers said.
India is often viewed as an aggressive tax jurisdiction by domestic and overseas taxpayers, and making the charter as part of the Act may help restore confidence among taxpayers.
The Bill could be introduced in Lok Sabha very soon.
News that transpired on and off the football field.
Telecom, metal and healthcare came as dampeners.