Business

Inflation indexed bonds were introduced last year by the central bank but were not well received due to its complex structure.

At the Interbank Foreign Exchange (Forex) market, the rupee commenced lower at 59.32 a dollar from previous close of 59.29.

All the Nifty, Sensex, CNX Midcap end at record closing highs. The Sensex closed above 25,000 for the first time ever.

Gold prices gained marginally at the domestic bullion marketin New Delhi on Friday due to mild retail buying support.

Investors expect Modi to bring down inflation by cutting subsidies, improving food distribution and promoting investment in infrastructure.

AirAsia India will begin flying with two planes, Tony Fernandes, AirAsia group chief executive officer had said earlier.

The Sensex was up 6.58 points to close at 24556.09 and the Nifty gained 11.65 points to 7329.65.

The Andhra Pradesh High Court on Saturday vacated a status quo order it had issued earlier on Sun Pharma-Ranbaxy merger process, paving the way for the pharma giants becoming a single entity.

Forced to sell gas at rates that have long expired, Reliance Industries has categorically told buyers of its KG-D6 gas that new rates will apply from April 1.

"A lot of development for the good has taken place in last few years," said Neeraj Arora, Biz development head of What's App.

The Sensex has now spurted by over 1,500 points in three days.

On attaining majority, the minor would be required to confirm the balance in his/her account.

About 1407 shares advanced, 1304 shares declined, and 120 shares were unchanged.

The government had banned pacts between mobile carriers from providing 3G services beyond their licenced zones.

The Sensex ended down 56.46 points at 22631.61, and the Nifty close at 6761.25, down 21.50 points.

Essar Energy is listed in London but remains 78 per cent-owned by Essar Group, an Indian conglomerate controlled by the Ruia family.