The rupee appreciated by 8 paise to 69.38 against the US dollar in opening trade Monday, driven higher opening in domestic equities.

Forex dealers said, the local currency also gained strength amid weakening of the greenback in overseas markets.

The benchmark BSE Sensex rallied over 350 points and the NSE Nifty reclaimed the 11,900 level in early trade Monday driven by gains in IT and banking stocks amid positive global and domestic cues.

After hitting a peak of 39,979.48, the 30-share index was trading 272.07 points, or 0.69 %, higher at 39,887.97. Similarly, the broader NSE Nifty spurted 76.25 points, or 0.64 %, to 11,946.90.

Even as it had to abort the second round of auction under the toll-operate-transfer (TOT) model due to lack of investor interest, the National Highways Authority of India (NHAI) is not going slow on its plan to monetise its operational projects. According to official sources, the authority, which is in need of funds to repay debt and build new highways, will soon invite requests for proposal (RFPs) for two TOT tranches, measuring a total of 970 km, hoping to garner at least Rs 9,000 crore through this model in FY20.

India has made a strong case for adoption of "significant economic presence" concept for taxing global digital companies and close cooperation among the G-20 member nations to deal with fugitive economic offenders who flee their countries to escape consequences of the law.

Microsoft Corp unveiled on Sunday its next-generation Xbox console, known as "Project Scarlett," which is set to hit store shelves during the 2020 holiday season.

The device will be four times more powerful than the Xbox One X console and be powered by an Advanced Micro Devices chip, the company said during its Xbox E3 conference in Los Angeles.

Tech giant Google spent $21.7 million on lobbying efforts last year to influence lawmakers as the government and regulators sought great scrutiny from tech companies related to users' privacy and unfair market practices.

According to a CNBC report on Sunday, Google has been the top spender on lobbying for two consecutive years.

India has begun the process of acquiring the National Advanced Surface to Air Missile System-II (NASAMS-II) from the US to fully secure its airspace against aerial threats ranging from drones to ballistic missiles.

India has begun the process of acquiring the National Advanced Surface to Air Missile System-II (NASAMS-II) from the US to fully secure its airspace against aerial threats ranging from drones to ballistic missiles.

Indian-American activist Priya Sawhney, who interrupted Amazon Founder and CEO Jeff Bezos' on-stage talk, has been arrested on trespassing and burglary charges, according to media reports.

Sawhney, 30, rushed on stage during Amazon's "re:MARS" event here on Thursday and asked Bezos to do something about "chicken farms".

Finance Minister Nirmala Sitharaman Saturday highlighted the ongoing efforts of India to counter tax avoidance and evasion.

She was speaking at the Ministerial Symposium on International Taxation on Globally Fair, Sustainable and Modern International Taxation System organised during the meeting of G-20 Finance Ministers at Fukuoka in Japan.

Homegrown auto major Mahindra & Mahindra (M&M) on Saturday said it will shut production across plants for up to 13 days in the ongoing quarter to adjust to market demand.

The company would be observing no production days during the first quarter ranging between 5-13 days across its automotive and farm equipment sector plants, M&M said in a regulatory filing.

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