APN News

  • Thursday, May, 2018| Today's Market | Current Time: 05:28:57
  • PNB fraud case: CBI court orders issuance of non-bailable warrant against Mehul Choksi

    A special CBI court has taken cognisance of the second chargesheet filed in the 12,636-crore rupees PNB fraud case and ordered the issuance of a non-bailable warrant against a key accused Mehul Choksi. The second chargesheet has been registered for a total amount of 7,080.86 crore rupees, covering 142 letters of undertaking and 58 foreign […]

    I-T raids against real estate groups unearth Rs 215 cr black money in Delhi

    Income Tax Department has unearthed black money of over 215 crore rupees after it conducted multiple raids over the weekend against two real estate groups in the national capital. They were selling land and farm houses on the Yamuna plains to high-end investors. Sources said, sleuths of the Delhi investigation wing of the department searched […]

    China, U.S. vow against trade war in joint statement

    China and United States issued a joint statement on Sunday on economic and trade consultations, vowing not to launch a trade war against each other. Based on the directions of Chinese President Xi Jinping and U.S. President Donald Trump, the Chinese and U.S. delegations conducted constructive consultations on trade issues on Thursday and Friday, the […]

    Govt extends deadline for filing April GSTR-3B by 2 days till May 22

    The government has extended the due date for filing GST summary sales returns for April by two days till May 22. An official statement said that certain technical issues are being faced by the taxpayers during the filing of GSTR-3B for April. “In order to resolve the same, emergency maintenance is being carried out on […]

    Tata Steel completes acquisition of controlling stake in Bhushan Steel

    Bamnipal Steel Ltd (BNPL), a wholly-owned subsidiary of Tata Steel, has successfully completed the acquisition of controlling stake of 72.65 percent in Bhushan Steel Ltd (BSL). Tata Steel Ltd had won the bid to acquire debt-laden Bhushan Steel Ltd (BSL) in an insolvency auction. The bankrupt firm was among the 12 stressed assets the RBI […]

    SC asks HCs not to entertain pleas on RBI circular on virtual currencies

    The Supreme Court today barred all High Courts from entertaining any plea relating to an RBI circular prohibiting dealings in virtual currencies like the Bitcoin. The apex court, which was hearing pleas seeking direction to the Centre to take emergent steps to restrain the sale and purchase of illegal crypto currencies or virtual currency like […]

    Nearly 50% of Small Businesses End Up in Debt. But It’s Not the End!

    Statistics say that about 40% of businesses use a loan to launch and 29% of all startups fail because they literally run out of money. Paying off that initial debt takes up quite a bit of the money and is a major contributor to small business failure. That failure rate is quite disheartening as according […]

    India’s exports grow 5.17 pc to USD 25.9 bn in April

    Exports grew by 5.17 percent to USD 25.91 billion in April compared to the same month last year on account of the healthy performance by engineering, chemicals and pharmaceutical segments, according to the commerce ministry data. Imports too grew by 4.60 percent to USD 39.63 billion in the month on yearly basis, leaving a trade […]

    Sebi to e-auction Sahara properties in Uttarakhand on 28 July

    Sebi has mandated SBI Capital Markets for e-auction of Sahara properties in Haridwar,

    Govt asks manufacturers to place advertisements in at least two newspapers if prices are increased due to GST

    Government is closely monitoring price and supply situation of commodities following implementation