Business

After a volatile session, the 30-share BSE gauge settled 371.44 points or 1.17 per cent higher at 32,114.52. It hit an intra-day high of 32,199.91 and a low of 31,661.34.

The lockdown has had a positive effect in containing the coronavirus, but it is imperative to also move focus on economic wellbeing, the JSW Group Chairman said.

Gold loves a crisis, the old adage goes. And with prices up 13% this year to their highest since 2012 and many predicting further gains as investors search for safe places to put their money, it looks true for the coronavirus crisis so far.

In its letter dated April 26, ANMI said that closure of the six schemes by the fund house has sent shock waves to the entire mutual fund investing community.

The retail industry body claimed that despite the Reserve Bank of India (RBI) circulars to banks to lend support to businesses, on the ground retailers are finding it difficult to access funds from banks for various reasons.

Australian multinational financial services firm Macquarie Group lowered its target on Mindtree stock to Rs 670 per share from Rs 734

Bajaj Auto was the top gainer in the Sensex pack, rallying over 4 per cent, followed by Sun Pharma, IndusInd Bank, Maruti, HDFC, Axis Bank, Reliance Industries and Kotak Bank.

As per the data, Hyderabad saw the maximum increase of 9 per cent in basic selling price (BSP) to Rs 5,434 per sq ft.

For sectors allowed to function, 46 per cent of the surveyed enterprises said that permits are either not provided or are delayed. However, over two-fifths of respondents received permits smoothly.

Continuing to increase its exposure, India's holding of US government securities jumped by over USD 13 billion in a month to record high of USD 177.5 billion at the end of February.

'The reduction in the peak demand is basically due to reduction in industrial and commercial activities during the lockdown,' a spokesperson of Tata Power Delhi Distribution Limited (TPDDL) said.

The government on March 26 had announced a Rs 1.7 lakh crore stimulus that included free food grain and cooking gas to poor for three months.

In traded volume terms, 2.66 lakh shares of the company were traded on the BSE and over one crore shares on the NSE during the day.

However, during the April-February period in 2019-20, the number of net new subscribers rose to 76.53 lakh compared to 61.12 lakh recorded by Employees' Provident Fund Organisation (EPFO).

New office supply stood at 15.99 million sq ft in the same period last year. Barring Mumbai and Pune, supply fell in all the eight big cities.

The postal services come under essential services and apart from regular services, the post offices are also delivering food packets, rations and essential medicines, among others, across the country by liasioning with local administration and police.