Adequate dollar supply gave a boost to the local currency
Construction major L&T was the biggest gainer among the Sensex components, spurting 2.30 per cent, after the company said its board has approved a Rs 9,000-crore share buyback plan.
Without factoring in the rupee-dollar exchange rate, the index has been touching new all-time highs repeatedly.
The domestic currency has dropped 40 paise or 0.60 per cent in two days
'The CBI and its independence was discussed in great detail. We invited and sought the views of the CBI director as well as several government officials. But the ingenious solution to the problem came from within the committee. The effort was to somehow find a solution. It would not have been possible to draft this Bill if members had not been liberal in their views and if they had not been prepared to rid themselves of their political bias.' Congress MP Satyavrat Chaturvedi, who headed the Parliamentary committee which proposed the recommendations for the Lokpal Bill, speaks to Anita Katyal in an exclusive interview.
The SC bench headed by judge S S Nijjar suggested to appoint foreign arbitrator in RIL'a ongoing case on gas pricing.
Benchmark share indices ended flat amid lack of investor participation even as gains in IT majors ahead of their second quarter earnings helped capped downside.
Narendra Modi Thursday launched an all-out war on the Election Commission accusing it of working "under pressure" and showing bias against him and took out a roadshow defying prohibitory orders over the denial of permission for him to hold a rally in Varanasi
In a setback to embattled former Pakistani military ruler Pervez Musharraf, a special court in Islamabad on Friday dismissed his petition seeking treason trial under the Army Act and summoned him to appear before it on March 11.
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
Rupee, bonds may see knee-jerk reaction, as Urjit Patel is considered an inflation warrior
Rajasthan Cricket Association representative Mehmood Abdi feels Board Of Control For Cricket In India president N Srinivasan should not decide on any matter relating to Lalit Modi's possible return to administration through the RCA because of his "old enmity" with the banned former IPL commissioner.
SBI was the top gainer after it reported lower-than-expected rise in bad loans
Index heavyweights ITC was the top gainer along with RIL and HDFC
Financial shares were among the top gainers with HDFC leading the gains.
Borrowing from BRICS bank will help India avoid other kinds of politics emanating from the West. Overall, the BRICS institutions will necessarily adopt alternative ways of doing things based on their own cultural and socio economic needs, says M K Venu.
The bank has been at the centre of the black money and tax evasion scandal.
In prior elections, not only have opinion poll forecasts been very different from the results, the error margin has increased over time. One need only look at the charts that show the Sensex half a year before and after the results day for the last six elections. The markets did not change direction in any, says Neelkanth Mishra.
Experts said a future rate cut would depend on the inflation.
With the Supreme Court-instituted Justice Mudgal committee indicting Gurunath Meiyappan in the IPL betting and spot-fixing scandal, the event's sacked commissioner Lalit Modi has demanded a life ban on his father-in-law and BCCI President N Srinivasan.
'Rather than encouraging transparency, the opacity of electoral bonds adds to the murkiness,' argues Amit Tandon.
Monetary policy stance to depend on inflation data
'If the RBI had done the right things, these mistakes would not have happened in banks, public or private,' says Ajay Shah.
The Governor said RBI does not limit itself too much when there is uncertainty.
'I have grown up in an environment where the dominant narrative of Indian sporting achievement was -- We can't.' 'These achievers have fought hard, built on each other's body of work and knowledge, and have today changed the script to -- We can,' notes Rahul Dravid,cricketing legend.
When trains and stations become desirable again, we might have a murder mystery with the Mumbai-Ahmedabad bullet train as a setting.
Investors still seem to have a disinflation bias to their thinking.
The overall rank has been propped by the third criteria of innovation and sophistication, which have ranks of 59 and 57 respectively.
Authorities said social media posts will be monitored to ensure that no attempt is made to vitiate the atmosphere.
The expert panel has suggested that there would be two components of rehabilitation plan -- physical and biological, and they would cost Rs 28.73 crore and Rs l3.29 crore respectively, besides additional ancillary expenses.
Strong equity flows from domestic institutions, not foreign inflows, will be the real driver of the expected bull rally
'It is very hard to get the police to file a report against someone from an upper caste.' 'Things are so bad that sometimes we have to sit on a dharna with the body of a Dalit victim to get the police to file a complaint.'
Farm loan waivers should not be regarded as expenditure but as incentive and investment, argues B S Raghavan, the distinguished civil servant.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
Not all questions have a right and wrong answer. Your responses should strike the right balance.
The report has identified some areas that need attention from India's policymakers.
His songs were the anchor, the substratum, if you will, upon which life unfolded day after day, decade after decade -- across villages, towns, cities, and regions. Siva Sankar pays tribute to S P Balasubrahmanyam, the legendary singer who passed into the ages on Friday.
The view among the regulator and the government is that the currency is overvalued
''You should never give the impression that the police force is malicious, vindictive and indulging in retribution,' says Dr Vikram Singh, former director general of police of Uttar Pradesh.
'For Muslims it is time to understand what sense of fears are in the minds of Hindus.' 'I think the conversation somewhere is not taking place.'
