The Sensex soared 402 points higher to end at 25,720 and the Nifty surged 130 points to close at 7,819.
Industry estimates over 30 tonnes of gold were sold on Akshaya Tritiya this time.
It is best to invest long-term surplus in stocks or equity mutual funds.
'Are all roads in India privatised? Are governments not playing a role in airports or ports? If they (private players) want to set up lines for a specific requirement, I see no reason to object. It will expand the opportunity and passengers will also benefit.'
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
In the last financial year, GDP growth was 7.3 per cent.
Old timers in Oil and Natural Gas Corporation (ONGC) still remember how in early 2000 its overseas subsidiary, ONGC Videsh Ltd (OVL), was on the verge of closure. Though OVL was set up in 1965, the only discovery the company had made till then was in Vietnam offshore, with more investment needed to monetise it. In 2001, when OVL started looking for new blocks abroad, the company's previous acquisition was 13 years old.
Subramanian recommended five ways of financing additional expenditure over a period of one year, including cutting expenditure and borrowing directly from the RBI or monetising debt.
Chief Economic Advisor Krishnamurthy Subramanian said India's economy will witness a decline in the current fiscal, but the drop will be limited if there is an economic recovery in the October-March period.
Simple takeaways from the Union Budget 2015-16 and how it impacts your life
According to the data available on the Reserve Bank of India's website, net workers' remittances in April-June 2018 were $11.5 billion
The Budget touches a few highs and lows as far as personal finance is concerned, and one needs to be aware of them in order to optimise on one's investment plans.
The country may become militarily impressive, pile on GDP and the durbar of the ruling party may fill with the wealthy indebted to the rulers for their riches. But the spontaneous camaraderie of a free people will diminish and with it, our shared ownership of the country, warns Shyam G Menon.
There will be a review of employee compensation arrangement in the light of the new rules.
Zomato has the potential to be an equally important milestone for Indian equity markets, notes Akash Prakash.
The Ratlam division of the national transporter is planning to provide head and foot massages to passengers in 39 trains originating from Indore railway
There are several welcome standalone reforms, but these do not add up to a coherent strategy to achieve a $5 trillion economy or secure Aatmanirbharta, observes Rathin Roy.
It's difficult to understand if GDP growth has actually improved.
Experts hail Budget 2015 as a progressive, growth oriented one.
The president outlined the government's agenda in the coming financial year in his customary address to the joint sitting of both the Houses of Parliament.
'Rather than cutting and pasting from advanced economies, we should use basic economic principles to think about what is right for India at the stage of development at which we are,' says Chief Economic Advisor Krishnamurthy Subramanian.
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The Finance Ministry has filed the offer document with market regulator Securities and Exchange Board of India for the Central Public Sector Enterprises ETF, which could fetch the exchequer about Rs 3,000 crore (Rs 30 billion).
The government's move to sell enemy shares comes when it is struggling to meet its target of raising Rs 800 billion from the sale of State assets in the fiscal year ending in March 2019. The Custodian of Enemy Property of India holds around Rs 3,000 crore worth of equity shares besides land and property across India.
Swadeshi economist, columnist and chartered accountant S Gurumurthy speaks to Shobha Warrier about one year of Modi Sarkar.
The temptation to rehash Manmohanomics is not going to deliver the achche-din that Narendra Modi has promised, warns Sriram Balasubramanian.
The RBI governor believes corruption ca be fought by streamlining the system.
BJP said if voted to power, it would bring out a 'white paper' on the financial health of the state under the Congress rule.
'The IPL is by the biggest sports property in the country and having it will give any digital video player an edge.'
The third highest paid endorser after Virat Kohli and MS Dhoni, Sindhu is the highest paid among woman athletes and non-cricket sportspersons in the country, says Urvi Malvania.
As returns from fiction fall, broadcasters are experimenting with high-cost programming and new genres to grab more eyeballs. But can production houses rise to the challenge?
Facebook, Airbnb, Paytm, eBay join the film's cast of brands, look to connect with young audiences.
As with stocks, real estate and art, investing in start-ups has emerged as an asset class in itself.
He wants you to join him in his transformation journey.
The yellow metal is a safe bet in the long run.
'People don't like me wearing saris. But I am an Indian drag queen. I will wear a sari.'
The government should now focus on governance and monitoring the supply side to manage inflation, says M V Subramanian.
Indian economy about to take-off
The Budget decides to take the lead in revving up infrastructure.
