Forex dealers said that weakness in the dollar against other currencies overseas also supported the rupee.
Reliance Industries has sought environment ministry approval for a $13 billion upgrade to its Jamnagar complex, including a 400,000 barrels per day (bpd) refinery.
Sensex is trading firm; FMCG, real estate going strong.
Speaking at the 8th Asia Gas Partnership Summit in New Delhi, he said India, which currently is world's seventh largest energy producer, 'needs to increase its energy supply by 3 to 4 times within next two decades.'
As India strives to make its Act East Policy a comprehensive politico-diplomatic and economic success, Brunei gains more salience, says Dr Rahul Mishra.
The reimposition of sanctions on Iran will have major impact on countries like India, with which it has traditional and historic trade relationship.
You may be popular initially because of politics and ideology but if the economy slows down, you will be losing your popularity: Nouriel Roubini.
Softening the demonetisation blow, the Budget for 2017-18 on Wednesday halved the tax to 5 per cent on incomes up to Rs 500,000 but proposed a new surcharge of 10 per cent on incomes between Rs 50 lakh and Rs 1 crore and raised duties on cigarettes and pan masala while stepping up allocations for infrastructure, rural, agriculture and social sectors.
Amber Dubey explains why India needs to stop blocking competition if it ever wants to become the top aviation market.
FM should avoid proposals such as to tax financial transactions and fringe benefits
The government on Thursday slashed the import tariff value on gold for the second straight day to $ 414 per 10 grams and silver to $672 per kg, in line with weak global prices of the precious metals.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
Ajit Balakrishnan envisions a flag to capture the spirit of the impending conflicts of the Information Age.
'Urjit Patel was not quite the picture of courage, but even he turned, he had to turn.' 'Perhaps there is something that is far more sinister than what we are aware of, which is the reason for his resigation.'
With economic activity buoyed by expectations from the new elected government of "Prime Minister Narendra Modi, India is benefiting from a 'Modi dividend'," the Bank said in its twice-a-year South Asia Economic Focus report on Monday.
Tata Steel was the biggest gainer in the Sensex pack, rising 3.36 per cent, followed by Vedanta, Bajaj Finance, TCS, IndusInd Bank, Infosys, ONGC, Kotak Bank, HDFC Bank, HDFC, M&M and ITC.
India-Israel relations are at a crossroads. Simply chanting old hackneyed mantras on terrorism, secularism, democracy, et al, won't suffice. There is danger of stagnation setting in, says Ambassador M K Bhadrakumar.
Four specific areas will be watched carefully in the first half of FY16
Prime Minister Narendra Modi will leave for the Belgian capital as part of a three-nation tour during which he will attend the Nuclear Security Summit in Washington and visit.
We should not see a strong rupee as strength but target a fairly priced rupee for restoring our competitiveness, says Rashesh Shah.
Combating threat of terrorism and radicalisation are expected to figure high on the agenda of the talks between Modi and the leadership of Saudi Arabia, a country known as spiritual home of Islam which recently has formed a major coalition of 34 Muslim nations to fight terror, particularly the Islamic State.
'No matter how severe sanctions the UN security council imposes on North Korea, the impact of the sanctions would depend on how faithfully they are enforced by China,' says Dr Rajaram Panda.
Given the uncertainties around gold's future course, stagger your purchases and buy on declines, says Sanjay Kumar Singh.
'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'
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