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The ban was imposed on apprehensions of presence of melamine in some milk consignments from China. Melamine is a toxic chemical used for making plastics and fertilisers.

Three items were moved from 18 percent to 12 percent, one item was shifted from 18 percent to 5 percent along with other changes in tax rates as well.

In a regulatory filing, ONGC board approved buyback of 1.97 per cent of equity shares for Rs 159 apiece.

Indicating that further simplification of the GST is on the anvil, PM Modi had said his government wants to ensure that '99 per cent things' attract sub-18 per cent GST slab.

Chidambaram alleged that it was typical of the National Democratic Alliance (NDA) to unscramble the egg after having 'scrambled' the Goods and Services Tax.

The benchmark BSE Sensex advanced over 100 points in early trade on Wednesday on gains in bluechips like Maruti Suzuki, SBI, Tata Steel and ITC amid rising rupee and tumbling crude prices.

SpiceJet's outstanding towards landing, parking and route navigation charges increased to a large extent between September and October when oil prices went sharply up and rupee depreciated rapidly.

The Aayog is in talks with the states of Uttar Pradesh and Assam over the distribution of 20,000 and 50,000 gas stoves, respectively, powered by methanol, Niti Aayog Member V K Saraswat said.

Shares of Bharti Airtel increased 9.97 per cent to Rs 332.9, while Vodafone Idea gained 8.02 per cent to Rs 37.7 on the BSE, during intra-day trade.

Air India (Al) operates SESF with B747-400 aircraft for the president, vice president and the prime minister.

A whistleblower had last month approached Sebi with a document alleging various irregularities by the company, its promoter Dilip Shanghvi and others.

The rupee opened lower at 71.28 against the dollar and dropped further to 71.41, 59 paise down over its previous close.

IMF Chief Economist Maurice Obstfeld says central banks face the challenge of being more transparent and communicating more effectively with a broader public.

India is followed by China ($67 billion), Mexico and the Philippines ($34 billion each) and Egypt ($26 billion), according to the global lender.

Although Odisha is endowed with 24.52 per cent coal reserves and 15 per cent of coal production in India, the local industries have been striving for sustainability due to acute shortage in coal supplies.

At the interbank forex market, the rupee opened higher at 70.58 and rose further to quote at 70.44, showing a rise of 46 paise over its previous close. On Thursday, the rupee fell by 44 paise against the dollar to close at 70.90.