APN News

  • Saturday, May, 2024| Today's Market | Current Time: 03:50:54
  • Bank deposits score over gold; imports may dip 55% in Feb

    Higher returns from bank deposits seem to have robbed the sheen of the yellow metal with a massive decline of above 55 per cent expected in gold imports in February. India’s gold import is likely to dip by 55 per cent to 20-25 tonne in February as compared to 45 tonne in the same month […]

    HDFC Bank conducted a ‘Coin Mela’ in Lucknow

    Indore: HDFC Bank, second largest private bank in the country, organized a ‘Coin Mela’ at Aminabad Branch in Lucknow. The Coin mela was inaugurated by Mr. Gouresh R. Kotian, Dy. General Manager, Issue Department, RBI, Lucknow. The initiative was in conjunction with RBI’s Clean Note Policy to provide fresh notes in exchange for solid ones. […]

    Employees State Insurance Company celebrates its Diamond Jubilee

    Hyderabad: Shri Mallikarjun Kharge, Hon’ble Minister of Labour & Employment, Govt. of India has said that the ESI Scheme is one of the best Social Security Schemes in the world. The Hon’ble Minister inaugurated the Diamond Jubilee Year of the Employees’ State Insurance Corporation as it entered its 60th year of existence. The ESI Corporation […]

    World Bank is satisfied with India’s economic growth

    World Bank has expressed satisfaction with India’s economic growth. In its latest series of Updates, it has pointed out that India’s economic growth seems to be back to the pre-crisis trend. It has also expressed its concern on inflation. In a statement released in New Delhi, the bank has advised the Reserve Bank to continue […]

    Silver Lake to Launch New Investment Strategy Focused on Innovation in the Energy and Resource Sectors

    United States  : Silver Lake, the global leader in private investments in technology and technology-enabled industries, has announced that it will launch Silver Lake Kraftwerk (“SLKW”), a new investment strategy focused on providing growth capital to business innovators in the energy and resource sectors. Soros Fund Management LLC will join Silver Lake as a strategic […]

    ICICI raises deposit, lending rates by up to 50 basis points

    The country’s largest private sector lender, ICICI Bank, on Wednesday hiked its deposit and lending rates by up to 50 basis points. The bank has decided to raise interest rates on fixed deposits of various tenors by 0.25-0.50 per cent, ICICI Bank said in a statement. Besides, it raised base rate or the minimum lending […]

    Record Participation from Social Entrepreneurs at 2011 India Development Marketplace

    New Delhi: A World Bank grant programme aimed at garnering social-entrepreneur participation has shown record results. 2011 India Development Marketplace (DM), a World Bank Group grant programme, received 264 proposals seeking finance to scale or replicate inclusive and sustainable business models in Bihar, Rajasthan and Orissa. “We are pleased with the overwhelming response to this […]

    Bloomberg Releases Comprehensive Islamic Finance Platform

    Malaysia: Bloomberg Professional service executives today announced the launch of a Bloomberg Islamic Finance Platform (ISLM), a comprehensive solution designed to increase transparency, better connect the community and provide analytical tools to maximise investment performance in the rapidly growing market for Shariah-compliant products and services. Bloomberg also announced, in cooperation with the Association of Islamic […]

    India’s FDI in 2010 dips by 22 pc to USD 21 bn

    India received foreign direct investment (FDI) worth USD 21 billion (Rs 96,104 crore) in the calender year 2010, a decline of 22 per cent over the year ago period, a latest industry ministry data said. The country had attracted FDI valued at USD 27 billion (Rs 130,980 crore) in 2009. According to experts, foreign investors […]

    FM at Paris: Inflation a challenge

    India today told the G-20 nations, particularly the rich members, that it is not responsible for creating global imbalances and volatility in the international markets. During his intervention at the BRIC meeting and the first session of the G-20 Finance Ministers meeting in Paris, Finance Minister Pranab Mukherjee said a large emerging economy like India […]