Business

Over the last week, the 30-share BSE Sensex rose 200.15 points or 0.51 per cent to close at 39,394.64.

The benchmark stock market indices tend to be extremely volatile on the day of the budget. However, BSE Sensex on budget days since 2000, has moved more than 2% in either direction only eight times in the last 18 years.

Kickstarting the information exchange process, the Federal Tax Administration of Switzerland has issued gazette notifications for the six companies, giving them an opportunity to appeal against India's assistance request as per the Swiss laws.

Civil Aviation Minister Hardeep Singh Puri said in Parliament that the present environment was not conducive to stimulate interest among investors for strategic disinvestment of Air India in the immediate near future.

The families have sought the intervention of some of India’s top businessman and lawyers to help resolve the differences, according to reports.

Mike Pompeo said he shared thoughts on US-India relations with the business leaders.

It evaluated 157 advertisements, of which 114 were held misleading. Of these 59 belonged to the education sector, 35 to the healthcare sector, five to personal care, two to the food and beverages sector and 13 were from the others category.

Reliance Capital climbed as much as 17.8%, Reliance Power gained 14%, Reliance Home Finance was up 10%, Reliance Naval and Engineering shot up 8.8% while Reliance Communications rose 4%.

RERA has also recommended that the government constitute a task force under the ministry of housing and urban affairs to identify projects that are close to completion.

The company has fixed a price band of Rs 970-973 per share and the minimum order size is 15 equity shares.

The customary tradition of the ‘halwa ceremony’ took place over the weekend in the North Block in Delhi to mark the beginning of printing of documents related to the Union budget 2019.

Subdued sentiments in domestic equity markets also influenced the trading pattern in the currency market, forex traders said.

IL&FS former Joint Managing Director Arun K Saha and its transportation network MD K Ramchand were remanded in ED's custody by a special PMLA (Prevention of Money Laundering Case) court.

In its budget wish-list, NAREDCO has recommended various incentives to promote rental housing in a big way.

Selling of the American currency by exporters and fall in crude oil prices is said to have supported the rupee. However, foreign fund outflows weighed on the domestic currency.

The gems and jewellery sector is already under pressure on account of stringent lending rules and working-capital crunch. India tops the list of exporters to the US in this category, with more than 15 per cent share.