Silver followed suit and traded higher by Rs 200 at Rs 34,200/kg.
The central bank is of the view that rise in external debt a concern but rating outlook revision reassuring.
The 19-year-old won the accolade ahead of Argentina's Maico Casella and Blake Govers of Australia, who finished second and third respectively.
Proceedings in Rajya Sabha were repeatedly disrupted on Monday before being called off for the day as opposition members protested on the alleged phone-tapping and other issues and demanded discussions on them in the House.
Macroeconomic management is usually a lot more comfortable with lower fiscal deficits. The sooner we get there, the better for the economy, says former Chief Economic Adviser to the Government of India Shankar Acharya.
However, the tariff value for silver has been lowered to $920 per kg, according to a notification released by the Central Board of Excise and Customs on Tuesday.
Indian jewellers such as Gitanjali Gems, Malabar Gold and Kalyan Jewellers have opened stores abroad to limit the slump in sales.
Smart investors fine tune their investments as per the Budget announcements to make the best possible use of tax deductions and other sops.
Jaitley increased the excise duty on most tobacco products by 10-15 per cent.
These automotive companies were afraid of competition and made wrong accusations on grounds of safety.
India's chief national badminton coach Pullela Gopichand admitted to crammed BWF itinerary causing a problem but at the same time believes that onus is on a player of PV Sindhu's calibre to adapt to the calendar instead of complaining about it. Apart from the World Championships gold, Sindhu failed to win any other tournament last year.
Four enterprising women leaders tell us how they survived 2020 and the lessons they learned from it.
Real reason for crashing gold prices is not Trump victory, says expert.
The musicians from the Netherlands entertaining fans at the Gangneung Oval are nearly as fond of K-pop as they are of Dutch speed skater Sven Kramer.
Olympic silver medallist PV Sindhu on Saturday accused an Indigo ground staff of misbehaving with her while travelling from Hyderabad to Mumbai, even as the airline rejected the celebrated shuttler's allegations.
Modi presented his Irish counterpart reproductions of a selection of historic manuscripts and papers pertaining to two Raj-era Irish officials.
India's CAD -- the gap between inflow and outgo of foreign exchange -- widened to a record high of $88 billion or 4.8 per cent of the gross domestic product for the fiscal ended March 31, from $78.2 billion in 2011-2012, about 4.2 per cent of the Gross Domestic Product.
China is on the lookout for investment pastures where its money is welcome, safe and earns a decent return. India also needs vast investment - about $1 trillion over the next 10-15 years - in infrastructure, green energy, transportation and heavy industry, says Ravi Bhoothalingam.
Sukanya Verma goes through the cool and crazy ways moon/chand/chanda/chandrama is depicted in Bollywood movies.
The three hour long meeting was attended by Secretaries of departments of Revenue, Expenditure, Financial services and Disinvestment.
Authorities on Saturday continued to dig up currency to the tune of lakhs of rupees, including in new notes, across the country.
A high CAD puts pressure on the rupee, which in turn makes imports expensive and fuels inflation.
An asset swap can simultaneously boost public investment, reduce the fiscal deficit and keep fiscal policy from being pro-cyclical.
Agneepath, Hum and Khuda Gawah are a testament to the Bachchan-Mukul Anand actor-director chemistry. Of the three, Hum is a natural crowd-pleaser, says Sukanya Verma.
A summary of sports events and persons who made news on Tuesday.
'I try to say to myself, 'Don't cry in front of people'. But sometimes I can't help it.'
The prayer, Sarvejana Sukhinobhavantu, or let the whole universe of living beings be well, helps. So do profound and relevant Ancient Wise Words and aphorisms: Vasudaiva Kutumbakam, or the whole world is one big family, interconnected, interdependent. And a sense of humour, jokes, pranks, writing, conversations. And, last but definitely not least, the rippling waves of inner realisation on the background mind-track -- about the insignificance of ego, the importance of humility, the wasted opportunities in life, the wrong moves, the strokes of luck, the past 'sins', the what-ifs.
A Molotov cocktail of lies, abuse and bigotry is blowing up social media.
'Could the Khar police and the CBI have tinkered with the driver's call data records?' 'And did their fiddling with the information not make it that they were tampering with the lives of people that were in the balance as a result of this case?'
Moni Chadha was with Lal Bahadur Shastri in Tashkent. He counters colourful conspiracy theories with sobering facts.
A summary of sports events and sports persons, who made news on Monday
A summary of sports events and sports persons, who made news on Monday
At the prison, both Ranjan and Manglik's cell phones were pressed into service by the CBI. Why the CBI didn't bring its own equipment seems a mystery... Ranjan's cell handset was given to Indrani and Manglik dialed it. Indrani then spoke and her speech, that emanated from the phone, via speaker mode, was recorded.
It was the RBI which destroyed our $-job economy. It is for the RBI to resurrect it by instituting news ways of managing the INR, says Sonali Ranade
With mind and body both more willing now, the only way for the World No 3 is up, says Dhruv Munjal.
Annabel Mehta, Sachin Tendulkar's mother-in-law, has dedicated her life to working with the Beautiful People of the other half of Mumbai without whom the city would neither exist nor thrive. Vaihayasi Pande Daniel met the amazing lady who was awarded the Member of the Order of the British Empire for her service to underprivileged communities.
Before you watch Kapoor & Sons in theatres, here's introducing you to the real-life Kapoors.
'Of the countless protagonists I encountered at the movies in 2015,' says Sukanya Verma, 'these seven are enduringly unique and notable. They possess that extra something that's not always on paper but earns distinction on the silver screen.'
Meet the US Attorney who took on Donald Trump.