European stocks fell on Tuesday and safe-haven assets, gold and government bonds rose in price after two explosions at Brussels airport killed at least one person and left several others injured.

Travel sector stocks including airlines and hotels fell the most, pulling the broader indices down from multi-week highs as reports on the scale of the carnage in the Belgian capital unfolded.

Twin explosions rocked the main hall of Brussels Airport today killing at least 13 persons and wounding several others, officials said.

Minutes after the two explosions, another blast took place at a Metro station here. RTBF, a Belgian TV channel, reported that the deafening explosion took place at Maelbeek Metro station. There were no immediate reports of any casualties.

Government has extended by three months the tenure of A P Shah Committee looking into the dispute over natural gas migrating from state-owned ONGC's idle blocks in KG basin to neighbouring fields of Reliance Industries.

The committee has been asked to submit by July 31 its report on "acts of omission and commission" as well as compensation to ONGC, an oil ministry official said.

The country's largest lender, SBI on Tuesday said it has raised Rs 500 crore from issue of bonds on a private placement basis.

"The bank on March 21, 2016 issued 5,000 Basel III compliant, tier-ll bonds in the nature of debentures of face value of Rs 10,00,000 each at par with 10-year tenure, bearing 8.45 per cent per annum coupon payable annually and with a call option after 5 years aggregating Rs 500 crore on a private placement basis," State Bank of India said in a BSE filing.

TVS Motor Company was trading higher by nearly 3% at Rs 313, extending its previous day’s 6% rally on the BSE, on back of heavy volumes.

The stock of two-three wheeler maker hit 52-week high of Rs 315 on the BSE in intra-day trade today. It quoting nears to its lifetime high of Rs 322 touched on January 19, 2015.

Consumers who bought the 1.6-litre variant of Maruti Suzuki’s premium crossover, the S-Cross, will get a refund of up to Rs 90,000 from the company. Over and above this, they will also get an extended warranty. Buyers of the 1.3-litre variant will just get the extended warranty. Maruti slashed the price of the model by up to Rs 2.05 lakh with effect from January, so the company wants to offer the refund to buyers who had purchased the car before that as “a token of gratitude”.

The exact extent of the refund will depend on what kind of discounts were offered to consumers who bought this variant of the S-Cross before January 1, 2016.

The rupee depreciated 11 paise to 66.64 against the US currency in early trade today due to higher demand for the dollar from importers amid a lower opening in the domestic equity market.

The rupee had closed 3 paise lower at 66.53 against the dollar at the Interbank Foreign Exchange yesterday on fag-end demand for the American currency.

New Delhi: The department of telecom (DoT) is unlikely to auction the entire spectrum in 700 Mhz as it feels telecom operators may not bid aggressively for the band due to high reserve price.

Also, a DoT committee has found some anomalies regarding the base price suggested by regulator Trai, which requires further clarification.

NEW DELHI: Gold prices declined by Rs 84 to Rs 29,325 per 10 grams due to speculative selling after weak global cues.

At the Multi Commodity Exchange, gold for delivery in far-month June shed Rs 84, or 0.29 per cent, to Rs 29,325 per ten grams in a business turnover of 52 lots.

The Securities and Exchange Board of India or Sebi may get additional powers to regulate money-pooling activities that currently do not come under any other financial sector regulator and those where states have limited powers to act, said three people familiar with the development.

The government is in advanced stages of drafting a new legislation to this effect, confirmed the people cited above, requesting anonymity.

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