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However, risk to the bullish rupee view stems from the possibility of the Reserve Bank of India buying dollars around 81 levels to rebuild its reserves which were used in defending the currency last year, according to Mittal.

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"Many categories have been digitised which has resulted in increased spends from existing customers using their credit cards," said Rama Mohan Rao Amara, MD & CEO, SBI Card.

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In an oral order, the bench directed Suraksha to form a committee to immediately start construction, monitor the day to day progress of the construction and file a monthly update with the court. The full order was yet to be uploaded on the court website, till press time.

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The survey was initially planned to be conducted during the period January-December, 2020 but the field work was extended till August 15, 2021, due to the Covid-19 pandemic. The NSSO carried out the survey covering the entire country in its 78th round. The survey said that 34.9 % persons aged 15-29 years were in formal and non-formal education and training for the 12 months preceding the survey.

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The Food Corporation of India (FCI) has sold around 0.54 million tonnes of wheat out of the allocated 1.15 million tonnes to be sold through the Open Market Sale Scheme (OMSS) to traders, states, and other bidders. However, the prices of wheat are higher than last year during the same time. A kilogram of wheat cost ₹30.31 on March 6 against ₹25.67 on the same day last year, according to official data.

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The Dow Jones Industrial Average fell 3.13 points, or 0.01%, at the open to 33,428.31.

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The global investment bank has maintained an ‘overweight’ stance on India, with a Sensex target of 70,000, representing an upside of 17% from current levels.Matthews said that the DII (domestic institutional investors) investment is hitting record highs quarter after quarter and that foreign ownership has also bounced back from decade lows 18.4% in June last year

Nifty opened gap up and traded higher throughout the session on back of pre-festive mood to close with gains of 117 points at 17,711 levels. Except PSU Banks and Realty, all sectors ended in green.Experts say that the positive momentum will continue in the near term with Nifty making a smart recovery in the last two sessions

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A stable value portfolio consists of a bunch of high-quality, diverse stocks that give sustainable returns over a period

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Embattled Indian conglomerate Adani said on Tuesday it prepaid share-backed financing of 73.74 billion rupees

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