Business

The recovery was also supported by dollar-selling by exporters and banks, foreign fund inflows and the greenback's weakness against some currencies overseas, traders said.

The BSE 30-share Sensex, after resuming a tad higher at 34,846.90, quickly slipped into the negative zone to touch a low of 34,672.20, largely in sync with global sell-off.

Traders said the benchmarks opened lower tracking global sell-off, but better-than-expected macro economic data supported investor sentiment.

The board has decided to solicit expressions of interest to assess the interest for a sale of its stake in IL&FS Securities Services and ISSL Settlement & Transaction Services.

India has built 5.33 million tonne (MT) of emergency storagen underground rock caverns in Mangalore and Padur.

The rate of price rise in the food basket contracted by 0.86 per cent in October compared to 0.51 per cent rise in September, according to the Central Statistics Office data.

The bi-monthly GST compensation paid during the June-July period was Rs 14,930 crore, nearly four-fold jump from Rs 3,899 crore paid in April and May.

Los Angeles, Tokyo and Frankfurt were among the global cities that saw orders being placed for goods ranging from diapers to mobiles at Alibaba's Global Shopping Festival 11.11.

Global oil producers, including Saudi Arabia, have shown interest in investing in India's strategic oil storage, which the country uses to hedge against energy security risks as it relies heavily on oil imports.

India produced a record 32.5 million tonnes of sugar in the 2017-18 marketing year and the output is estimated to be around same level or slightly lower in the current marketing year.

The company said its board has expressed 'deep appreciation' for Singh's leadership 'in particular, during the past two years of high turbulence'.

The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 52.2 last month from a four-month low of 50.9 in September.

PM Modi had also announced that GST-registered MSMEs would get 2 per cent interest subvention or rebate on incremental loan of up to Rs 1 crore.

The CIC has also asked the Prime Minister's Office, the Finance Ministry and the Reserve Bank of India (RBI) to make public the letter of former RBI governor Raghuram Rajan on bad loans.

The target for the taxman is to add 1.25 crore fresh tax filers by the end of the 2018-19 financial year that ends in March next year.

Pandey confirmed that the Aadhaar-issuing body Unique Identification Authority of India (UIDAI) has initiated the process of deleting the authentication log beyond six months, as directed by the apex court.