The 30-share Sensex gained 117 points to end above 29,000 at 29,006 while the 50-share Nifty gained 32 points to close at 8,761.
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The Centre also justified the abrogation of Article 35A of the Constitution which "enabled the then State to make laws giving special rights and privileges to permanent residents, while imposing restrictions upon others".
The finance ministry has put out a revised draft in public domain.
Hailing India for keeping "neutral stand" over the South China Sea issue despite pressure from the US and Japan, state-run Chinese media on Wednesday said there are some contradictions and frictions between the two nations but the overall bilateral relations have been developing smoothly.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
'The Gujarat model was never an economic model; it was essentially a governance model.'
'Mr Modi identified what would help him win votes and got it done, like 24x7 power in three phases, better roads, more water, etc.'
'Good economic governance at state level is quite different from good governance at national level,' points out T C A Srinivasa-Raghavan.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
Budget has several small steps which will boost growth
A Harvard study says India's GDP will grow at 7.9 per cent annually in the next 8 years, well ahead of China's 4.6 per cent
A will is important not only to divide the assets but to close the succession loop.
China will resolutely safeguard its border sovereignty in conflicts with Indian troops even at the cost of war, GT said.
Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.
The government does not seem to have sufficient grounds to invoke the CBI against Teesta Setalvad.
Mukherjee said Prime Minister Narendra Nodi and Chinese President Xi Jinping Would be meeting soon on the margins of G-20 summit scheduled to be held in China later this year.
'It is unrealistic to expect that security dilemmas and strategic distrust to disappear or even diminish any time soon,' says Rup Narayan Das.
The government has decided to give Rs five lakh each to the next of kin of victims of the 1984 anti-Sikh riots triggered after assassination of the then prime minister Indira Gandhi.
The Reserve Bank of India (RBI) has liberalised the procedure for facilitating the import of rough diamonds (termed roughs in the trade).
'Xi's emphasis on enhancing conventional military deterrence capabilities, joint operations and power projection are likely to increase friction points with India as with other nations,' points out China expert Srikanth Kondapalli.
Finance Minister Arun Jaitley presented the Union Budget.
India still has to go a long way to implement reforms in various sectors.
More punitive action was needed against the company and the management, say experts
The top losers from the Sensex pack are ONGC, Coal India, Vedanta, Reliance Inds and L&T.
On September 4, Trai issued a consultation paper on call drops.
RBI governor Raghuram Rajan is likely to cut rates in next monetary policy.
Budget has laid emphasis on enhancing expenditure in farm & rural, and social sector including healthcare, education, skill development, job creation and infrastructure
Modi govt must implement few policy measures which it announced in Budget 2015.
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IMF chief Christine Lagarde has been put under formal investigation by French magistrates for alleged negligence in a political fraud affair dating from 2008 when she was finance minister.
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The rupee resumed lower at 61.15 per dollar as against the last closing level of 60.77 per dollar yesterday at the Interbank Foreign Exchange (Forex) Market and dropped further to 61.44 per dollar before quoting at 61.40 per dollar at 1045 hours.
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
'No government should be viewed as authoritarian, rather as a collective institution of people,' says Pinarayi Vijayan.
While he has plenty of critics at home, Rajan is a favourite among foreign investors and has been credited for bringing inflation under control.
Even before Prime Minister Narendra Modi swept to power in 2014, Subramanian Swamy was agitating for Rajan's removal.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
When Taragauri Doshi's husband died, an assessing officer wanted to tax the proceeds from a life insurance policy that had been bought abroad. Homi Mistry, Mousami Nagarsenkar & Hiral Tanna explain why such proceeds are not taxable in India.
More than Guru Dronacharya, the cult of his wife, Kripi, runs stronger in Gurgaon.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
India grew at 7.6% in 2015-16 and at 7.2% in 2014-15.
The Budget sets out a comprehensive vision.
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