Finance Minister Jaitley has now pushed the rollout of the GST reform by three months, saying that a July 1 rollout is "more realistic". The FM, in the final meeting among the central and state officials before the Budget, finally managed to break a deadlock among the state governments, reaching an agreement on how the taxes would be collected.  

Reliance Industries saw a landmark in its Q3 results, crossing the Rs.8,000 crore mark in stand-alone net profit for the first time. But more than one-third of this number was 'other income', as the company's gross refining margins failed to hit the $11.3 a barrel many analysts expected - it stood instead at $10.8 a barrel. Still, the company has managed to provide impressive numbers in a muted, post-demonetization results season. 

Stock in spotlight: Dynamatic Technologies, the aerospace engineering company, which has seen strong growth in recent quarters on the back of new orders which are set to continue into FY18 according to management. 

Photo of the day: An armed guard at the rooftop of the Davos hotel where the World Economic Forum meetings are taking place. Oxfam has urged the leaders at the WEF to act against rising income inequality across the world. Gian Ehrenzeller/EPA