A downturn in Indian demand could hit global gold prices.
'The prime minister expressed concern and assured all possible help to the state,' CMO said.
Educational institutions remained closed even as the weather office forecast heavy downpour in the next three days in the state, Puducherry and coastal Andhra Pradesh.
The mercury continues to be in a free fall in Kashmir and Ladakh divisions as Leh was the coldest recorded place at minus 17.4 degrees Celsius in the state.
The Centre said that there was no legal provision to declare a disaster as a national calamity, amid demands for declaring the floods as a national disaster.
The 30-share Sensex ended up 214 points at 27,890 and the 50-share Nifty closed up 52 points at 8,430.
According to the SRC, the evacuation of eight lakh people is the largest-ever evacuation operation in the country.
Inclement weather poses a threat to the India-Australia T20 international in Rajkot on Thursday, with the Met department forecasting rainfall over the next 48 hours.
Indian gold demand seen falling to 8-year low in festive quarter.
Rains will continue to batter Tamil Nadu for the next seven days and the next 48 hours are "very crucial", the IMD has said.
Bank of Baroda ended flat after sharp gains in the previous session.
Good monsoon is likely to create more jobs in the agriculture sector, which in turn could save the exchequer around Rs 10,000 crore
The US Fed's rate cycle is set to turn later this year, but India is in a much better position than it was in 2013.
Chief Minister Pinarayi Vijayan, who undertook an aerial survey of rain ravaged areas of Idukki and Wayanad, said Kerala was in the midst of an unprecedented flood havoc and the calamity has caused "immeasurable misery and devastation."
Monsoon rains are expected on time this year, hitting Kerala on June 1.
Stating that pushing GDP growth, which has slipped to 5-year low of 6.8 per cent in 2018-19, is the top priority, President Ramnath Kovind said Modi govt will bring more reforms and raise farm investments to boost growth.
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At least 16 people have died in flood-related incidents in Odisha, where the situation remained grim even as major rivers were receding on Saturday. Two deaths each were reported from Bhadrak, Jajpur and Nayagarh districts while in worst-hit Ganjam district it remained unchanged at six and four in Jagatsinghpur, Special Relief Commissioner P K Mohapatra told reporters here after the situation was reviewed by Chief Minister Naveen Patnaik.
Meanwhile, the administration claimed it was fully prepared to deal with fresh fires in case they break out anywhere in the state due to a change in the weather.
Nine people died and several others were reported missing as a string of landslips triggered by heavy downpour battered Idukki and adjoining districts of Kerala on Monday.
S&P BSE Sensex settled at 31,170, up 60 points, while the broader Nifty50 closed at record high for third straight session. It ended at 9,624, up 19 points.
Thousands of emergency rescue teams officials remained on their toes, helping people affected by the deluge. Weather official said parts of state are expected to receive rainfall again.
He also gave examples witnessed at various places, like changing of the crop pattern in view of scarce water and adoption of sprinklers, drip irrigation, water harvesting and water recharging methods.
The Bank suggested reforms in infrastructure sector.
'We are more than capable of playing in this kind of conditions. We need to get a good start, especially the top four and then we can continue'
Progress on monsoons along with favourable base effect in 2HFY2017 continues to point towards RBI achieving its near 5 per cent inflation target by the year-end
Agriculture and processed food exports dropped to a five-year low of $24 billion in 2015-16.
Several places in Arunachal Pradesh, including capital Itanagar, were cut off by floods and landslides.
As many as 19 persons had been killed in the last two days in various rain-related incidents including floods in Tamil Nadu, the government said on Wednesday and announced a total relief of Rs 76 lakh to their families.
A relatively dry spell in Chennai and its neighbourhood brought relief to the flood affected residents and rescue agencies, as hopes of water receding fast went up.
"We have to make government responsible for this," the bench said and asked, "Why can't govt machinery stop stubble burning?"
On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
Brent crude prices fell to $57 a barrel on Monday from $62 a barrel.
'For lakhs of people in the flood-afflicted state, battling against the elements is taking a huge toll. This is the time of the year that apples ripen, rice starts being harvested and preparations start in full swing to put aside some of the food stocks for the long winter months ahead. At this moment, though, people there believe if they can succeed in coming out of this calamity in one piece they will have won the war,' says Rashme Sehgal.
Of the 30-share Sensex, 13 ended higher, while 17 led by Power Grid, Tata Steel, Bajaj Auto, Hero MotoCorp, NTPC, Tata Motors, Dr Reddy's, M&M, GAIL, Infosys and L&T finished lower, fell by up to 2.40 per cent
In South Asia, the poverty would fall to 13.5 per cent in 2015.
The report said forward-looking surveys and economic indicators along with rising business confidence provided hope that the decline in private corporate investment 'could be arrested' in 2014-15 and fresh investments of over Rs 1.2 lakh crore (Rs 1.2 trillion) 'could be realised'.
To avert another Uttarakhand-type catastrophe, we must change course. We should stop pandering to the Indian elite's insatiable appetite for electricity, which is driving reckless dam construction, says Praful Bidwai
At present, the Met department is often unable to provide exact information on the exact amount of rain over a localised area.
RBI watchers are going to be on tenterhooks for the next 3 weeks.
CPI inflation slowed to 9.39% in April compared with 10.39% in March.
