APN News

  • Wednesday, January, 2019| Today's Market | Current Time: 03:41:08
  • IIFL Home Finance disburses over Rs. 440 crores of CLSS subsidy to 20,000 beneficiaries under PMAY

    IIFL Home Finance Ltd, India’s leading housing finance company today said that it has disbursed over Rs 440 crores to about 20,000 beneficiariesunder Credit Linked Subsidy Scheme (CLSS) of Pradhan Mantri Awas Yojna.CLSS is the flagship scheme of Government of India’s Pradhan Mantri Awas Yojna (PMAY) which aims housing for all by 2022. Till the […]

    Rupee weakens 44 paise to Rs. 70.90 against dollar

    Rupee at forex market today weakened 44 paise to 70 rupees and 90 paise against the dollar. In the previous session, it appreciated four paise to 70 rupees and 46 paise against the US currency.

    India likely to maintain high growth rate of 7 to 8 pc over next decade: Arun Jaitley

    Finance Minister Arun Jaitley said India, among the world’s fastest growing emerging economies, is likely to maintain the high growth rate of 7 to 8 per cent over the next decade. Mr jaitley said this during  the inaugural address through video conferencing at the ‘Conference on Insolvency and Bankruptcy Code-  at the Indian Consulate General […]

    RBI keeps all key policy rates unchanged

    The Reserve Bank of India, RBI, maintained status quo on all key policy rates in the fifth bi-monthly monetary policy review announced this afternoon. Subsequently, the repo rate remains unchanged at 6.5 percent and the reverse repo rate at 6.25 percent. Repo rate is the rate at which RBI lends to banks generally against government […]

    FPIs inflow hit 10 months high of Rs 12260 cr in November

    Overseas investors have pumped 12,260 crore rupees into the Indian capital markets last month. It was the highest inflow in 10 months due to falling crude oil prices and sharp rupee appreciation. In January this year, foreign portfolio investors, FPIs, had put in 22,240 crore rupees in the capital markets. According to the latest depository […]

    Planning to Surrender Your ULIP? Here’s Why You Should Hold On

    Every individual wishes to achieve certain financial goals in life. Some of these goals may direct towards providing financial protection to your loved ones. At the same time, you also wish to create wealth for a bright future. The perfect financial instrument that fulfills both these needs under a single scheme is a Unit Linked […]

    Single or Regular Premium? Which ULIP Payment Plan You Should Choose

    Mr. Sameer Sharma was advised by his financial advisor to invest in a Unit Linked Insurance Policy (ULIP). He understood that such an investment vehicle offered the dual benefit of life cover and return on investment under a single roof. However, at the time of purchase of the policy, Mr. Sharma was in a quandary […]

    Govt to release e-commerce policy, says Union Minister Suresh Prabhu

    The Union Minister for Commerce and Industry and Civil Aviation Suresh Prabhu today informed that government will release the e-commerce policy in the near future. He was addressing an award function in Mumbai this morning. In an interactive session, he said that the policy which was initially drafted by industry stakeholders is currently waiting for […]

    Hasmukh Adhia to retire on Nov 30; Arun Jaitley praises his contribution

    Finance Minister Arun Jaitley has lauded the contribution of Finance Secretary Hasmukh Adhia who will retire on 30th of this month. In a Facebook post titled- Dr Adhia retires, Mr Jaitley said, the Finance Secretary showed his leadership in the implementation of various social security programmes of the government through banking services. His contributions in […]

    Finance Ministry urges foreign diplomatic missions to mention place of supply in GST return forms

    The finance ministry has asked foreign diplomatic missions or UN organisations to correctly mention the ‘place of supply’ of services in their GST return forms to enable quick processing of refund. GST Act provides for allotting a Unique Identification Number (UIN) to consulates, embassies and UN organisations to enable them claim refund of the GST […]