Sensex gained nearly 0.4% or 96 points at 26087 level while Nifty ended up by 42 points or 0.5% at 7,791.40 level.
'We are at $2.7 trillion and 2024 is not far away.' 'The country will need to grow by 9% every year for 5 years continuously and raise the aggregate investment rate to 38% of GDP to achieve the government's target of turning India into a $5 trillion economy.' 'Given the fact that we are only growing at about 5% and our investment rates are only about 30%, it may take a number of years before we can reach that targeted level.'
'Everybody fears them and rightly so. Who in his right senses wouldn't fear these agencies?' 'They can take away everything in seconds with near zero recourse to law.'
Top losers are Sun Pharma, Bajaj Auto, L&T, ITC, Hero Moto.
'Unless we start making the products we need, we cannot become a developed country or call ourselves an economic power.'
Making a strong pitch for greater connectivity with the diaspora youth, Overseas Indian Affairs Minister Vayalar Ravi on Tuesday said partnerships between young Indians in the country and those residing overseas in industry and social sectors would create jobs and bring prosperity.
Telecom operators have cited shutting down of mobile towers and lack of spectrum, as the major reasons for call drops
'There is no tried and true recipe for creating Silicon Valleys.' 'Attracting and creating a mass of truly dynamic entrepreneurs is at the core and among the hardest and most necessary ingredients.' 'In the US, close to 60% of the top valued tech companies were started by immigrants who found the start-up climate to be superior to where they came from.' 'India would clearly benefit from attracting back its talented Diaspora, but it also needs to hold onto those entrepreneurs.'
Wockhardt MD Murtaza Khorakiwala said his firm had responded to the FDA's observations but declined to give details.
The Supreme Court-mandated ban on all mining operations in Goa -- the second in less than a decade -- will disrupt the livelihoods of tens of thousands in the state, points out P K Mukherjee.
Though they have more than one legal option to recover dues, till NSEL has funds, little can be done.
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Condusive climate across states is crucial for manufacturing growth.
'Under Justice Gogoi's tenure, the Supreme Court has gone from an institution that was at least formally committed to the protection of individual rights as its primary task, to an institution that speaks the language of the executive, and has become indistinguishable from the executive,' warns Gautam Bhatia.
'Presidents may come and go, but America will go on forever,' an American business leader tells Ambassador T P Sreenivasan in New York.
There is an attempt to brush aside the results of all surveys that point to a deteriorating jobs situation. This is counter-productive, says Mahesh Vyas.
With the home ministry rejecting the renewal of broadcast licences to Sun group, is it end of the road for Maran brothers? R Ramasubramanian reports from Chennai.
The privately-owned Hangzhou-based group, which has been in news for its impending IPO, is already sourcing human hair from the southern regions of India and has identified this category as a 'big opportunity', along with others like machinery, agro products, apparel and spices.
'Cultural property crimes have been linked, by the United Nations and others, to terrorism.' 'These links show the perpetrators to be associated with major criminal and terrorist networks like ISIS.
The two giants of Indian football, Mohun Bagan and East Bengal, are facing turbulent times. On the pitch, East Bengal finished a respectable third in the 2012-13 I-League season, while Mohun Bagan finished a disappointing tenth.
Mr Modi must now work to win over the governor as a friend and learn to influence people credibly.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
'The Himalayan people may not represent a large or politically influential section of the population, but India's security depends on them.' 'Let us hope Sikkim remains a beacon of stability,' says Claude Arpi after a recent visit to the picturesque north eastern state.
'The government is using the Intelligence Bureau to go after NGOs.' 'It is not only the NDA, the UPA also didn't like NGOs.' 'NGOs predominantly work with the poor. So, when you cancel an NGO, the affected are the poor, the Dalits, the tribals, the street children and the marginalised.'
Budget should raise revenues & reduce spending to increase capital expenditure.
Citing rising prices, slowdown in growth and depreciation of rupee among the problems facing the economy, the opposition members said in the Lok Sabha that they feared the repeat of the 1991 crisis when the country had to mortgage gold as it failed to meet short-term debt obligations.
It is domestic policy distortions and inaction to correct them that lie behind the large CADs.
Sensex ended above 26,000 led by telecom shares amid TRAI's spectrum sharing norms.
By refusing permission for the proposed ship-breaking facility, India can send a categorical message to the foreign ship owning countries that they should keep their own waste and recycle
'The debate is not whether the Indian defence apparatus is in a state of disrepair, but whether it is capable of securing the defence of the country if any envisaged threat becomes real.'
Even while rejecting Israel Military Industries' petition, the court has effectively granted foreign vendors the constitutional right to be treated equally with Indian companies.
India must first improve working condition, then it can concentrate on Make in India concept.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
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'India is doing better than when we took office 17 months ago'.
'The toughest challenge is not to satisfy the luxury customer.' 'The toughest challenge is to satisfy the budget customer.'
Are we adopting an idea whose time has come and gone? My feeling is, yes, says ex-banker C Joseph Chacko in the fourth article of the series on inflation targeting.
Darjeeling born Ekom Mamik found her true calling in life in Kenya, when she least expected it.
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The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
'I rejoice in the fact that Justice Iyer has left a legacy, after all, legacies no not reside in brick and mortar, but in living humans and there are many of us who have followed in his footsteps and continue to do so.' Former additional solicitor general Indira Jaising salutes the legendary Justice V R Krishna Iyer who passed into the ages last week, the judge who restored her faith in the Supreme Court of India.
Earlier this year, Toyota Motor Corp was fined $1.2 billion for concealing problems related to sudden acceleration of some of its vehicles.
