APN News

  • Saturday, September, 2019| Today's Market | Current Time: 10:08:14
  • Essentials of Term Insurance

    It was a pretty lazy day, and Ankit was busy watching his favourite movie, having a cup of tea and mouth-watering breakfast. Sundays are meant to be relaxing. Aren’t they? No healthy food, no workout and even no bustling routine! It was nearly the climax of the movie, and suddenly Ankit’s phone rung. The news […]

    RBI rebuts social media rumours on closure of banks

    Rebutting social media rumours swiftly, the Reserve Bank of India today said that no commercial banks are going to be shut. The central bank said in a statement issued on Wednesday that reports appearing in some sections of social media about the RBI closing down certain commercial banks are false. Finance Secretary Rajiv Kumar also […]

    A step-by-step guide on how to apply for a HDFC credit card

    Credit Card is one of the most useful and handy financial instruments. However, it can impose execrable harm if not utilized properly. Using it with responsibility can generate a good credit score and in future will help to access loans at a favourable interest rate. With everyday purchases, one can qualify for reward points, which […]

    How can a student start to invest through a SIP?

    Most of us believe that investing is for adults with jobs and an income. But the truth is that there is no right age to start investing. In fact, these days, the younger generation is becoming more responsible and aware of the need for a financially secure future. Changing life patterns have made students more […]

    How to Select Your Term Insurance Nominee

    The main reason why people buy a term insurance plan is to make sure that their nominee gets a ‘sum assured’ for securing their financial future in case of the demise of the policyholder. This financial security is in the form of sum assured, which is a lump sum amount granted to the nominee upon […]

    5 ULIP Optimization Tips That’ll Help You Maximize Returns

    All the decisions that have a long-term impact need thorough thinking so you could minimize the possibilities of mistakes. It is the same in the case of a Unit Linked Insurance Plan (ULIP). It is an ideal financial instrument for meeting your life goals as well as to provide protection against life risks. It is, […]

    Five Reasons to Choose ULIPs Over Direct Equity

    The stock market is profoundly unpredictable. The fear of market fluctuation keeps risk-averse investors away as well as deprives them of potentially huge returns in the long haul. It’s hard to anticipate various elements. Due to volatility, it gets difficult for risk-averse investors to time their exit as well as entry in the market. Therefore, […]

    RBI slaps Rs 26 lakh fine on Mobikwik and Hip Bar

    The Reserve Bank has imposed a fine of about 26 lakh rupees on two online payment solutions providers for non-compliance of regulatory guidelines. The central bank said in a release that Mobikwik Systems Private Limited has been slapped a fine of 15 lakh rupees while Hip Bar Pvt Ltd faced a fine of 10.85 lakh […]

    Asian Development Bank cuts India’s GDP growth forecast to 7 per cent for FY20

    Asian Development Bank today lowered India’s GDP growth forecast to 7 per cent for the current year on the back of fiscal shortfall concerns. India is expected to grow by 7 per cent in 2019 and 7.2 per cent in 2020, slightly slower than projected in April, ADB said in its supplement to the Asian […]

    Rupee declines by 18 paise to 68.84 against dollar

    The rupee declined by 18 paise to 68.84 against the US dollar in early trade today, due to strong dollar demand from banks and importers amid persistent foreign fund outflows. Forex traders said, strengthening dollar against major currencies overseas and weak domestic equity market weighed on the local unit. However, softening crude oil prices restricted […]