Business

A young Indian Information Service (IIS) officer played the role of the anchor, putting questions posed by the people to the Minister.

Jaitley will unveil the government's first full-fledged budget on February 28.

The reading for November wholesale price inflation was revised to -0.17 percent from 0.0 per cent earlier.

"The acquisition of Panaya is a key step in renewing and differentiating our service lines," Vishal Sikka said.

India's telecom exports currently stands around Rs 32,000 crore, of which Rs 20,000 crore is products and equipment and balance Rs 12,000 crore is from services.

The Indian currency resumed higher at 62.15 as against Monday's close of 62.17 at the Interbank Foreign Exchange (Forex) market.

The Sensex, after resuming higher at 28,122.48, rose to 28,633.72 on initial strong buying as India's GDP growth is likely to accelerate to 7.4 per cent in 2014-15.

Shares of Realty, Refinery, Healthcare and FMCG sectors were the major gainers of the day.

Obama also said the two countries are moving forward to realise the true potential of economic relations.

Speaking at the Vibrant Gujarat summit, the World Bank President said the World Bank was committed to catalysing a vibrant India and there is much reason for optimism.

At the Interbank Foreign Exchange (Forex) market, the domestic currency resumed lower at 63.72 a dollar from last close of 63.67.

At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced lower at 63.66 a dollar from last Friday's close of 63.57.

The move is expected to help attract more investments and boost the domestic manufacturing.

The entrepreneur behind a high-profile effort to rescue Indian carrier SpiceJet has asked for more time to finalise funding plans, a government official with direct knowledge of the matter said on Monday.

Dollar losing strength in the overseas markets also helped the rupee rise.

If the forecast materialises, it would mark an improvement from two successive years of below 5 per cent growth.