APN News

  • Wednesday, January, 2022| Today's Market | Current Time: 07:56:55

    • Finance

    FM not worried about high capital inflows

    Finance Minister Pranab Mukherjee on Friday  said he would not press the panic button due to high capital inflows, including an over USD 38 billion by FII’s till November, though a higher level could be a constraint constraint for the economy to absorb. “We have the capacity to absorb these levels (of capital inflows). If […]

    Banking

    Axis Bank to Provide MoneyGram International Remittance Services

    Mumbai: MoneyGram International, a global leader in the money transfer industry, has added Axis Bank as a new agent. The bank joined MoneyGram’s international agent network through super-agent UAE Exchange. Axis Bank will offer MoneyGram’s money transfer services at 1,100 locations across the country. “MoneyGram is excited to have Axis Bank offering our services and […]

    Finance

    NHAI inks USD 45 mn loan pact with WB to improve efficiency

    The National Highways Authority of India on Wednesday signed USD 45 million loan agreement with the World Bank to improve operational efficiency of the body. “We have signed a loan assistance agreement with the World Bank. The loan amount is USD 45 million and this loan caters to institutional strengthening in NHAI. It will also be […]

    Finance

    World Bank approves $1.5 bn for rural roads

    The World Bank on Tuesday approved a USD 1.5 billion Credit and Loan for India’s Pradhan Mantri Gram Sadak Yojana (PMGSY) aimed towards improving rural accessibility of roads. The new project will concentrate on the states of Himachal Pradesh, Jharkhand, Meghalaya, Punjab, Rajasthan, Uttarakhand, and Uttar Pradesh, the Bank said in a statement. Over the next five […]

    Banking

    HDFC Bank holds Mega Loan Mahotsava at Haldia, East Medinapur

    Mumbai: HDFC Bank, one of the premier banks in the country, held a Mega Loan Mahotsava at East Medinapur in Haldia (West Bengal). East Medinapur is one of the fastest developing districts in West Bengal in terms of industrial growth. Many leading industries like HPCL refinery, Gokul Refoils, Adani Wilmart, Emami Bio-Disel, Ruchi Soya, Exide, […]

    Finance

    GuideMeSingapore.com Publishes an Analysis of Singapore’s Double Tax Agreement with India

    Singapore : www.GuideMeSingapore.com, a Singapore-focused portal that covers a wide range of topics on starting and doing business in Singapore has today published an in-depth analysis of the bilateral tax treaty between Singapore and India in order to prevent double taxation of income. The Singapore-India tax treaty came into force in 1994 and was amended […]

    Finance

    Finance Experts Recognise Risks as Emerging Markets are Poised for Growth

    Bangalore: Experts discussed how markets in China, India and the Middle East are currently poised for economic growth whilst carefully emphasising the necessity to recognise the risks ahead at the CHIME Investment Summit 2010 held at the ITC Maratha in Mumbai on December 13th and 14th. These sentiments came across loud and clear through keynote […]

    Finance

    Anaemic global recovery puts squeeze on FDI flows

    India received less foreign direct investment in 2010 than the previous year, courtesy a modest recovery in the global economy which reduced the risk and expansion appetite of corporates across the world. Foreign Direct Investment (FDI) inflows into the country between January-October this year aggregated USD 17.37 billion, compared to USD 23.8 billion in the corresponding […]

    Banking

    SBI NRI facilitation centre to offer matrimonial assistance

    Taking innovation to new heights, the State Bank of India yesterday inaugurated country’s first ever NRI facilitation centre at Hyderabad which would offer various services including matrimonial assistance to its NRI account holders. Deputy Managing Director of the bank, Shiva Kumar, said the bank has entered into tie-ups with various service providers to offer different […]

    Finance

    MoneyGram International and Bank of Baroda Partner to Offer Remittances

    Mumbai :MoneyGram International, a global leader in the money transfer industry, and Bank of Baroda have announced they have joined forces to provide global money transfer services. Bank of Baroda was signed as MoneyGram’s international agent network under super-agent UAE Exchange. Bank of Baroda, established in 1908, will soon offer MoneyGram money transfer services at […]

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