APN News

  • Wednesday, January, 2019| Today's Market | Current Time: 03:41:44
  • What’s the Difference Between an Unsecured and Secured Working Capital Loan?

    It is important to explore various financial options when it comes to running a business successfully and in most cases it comes down to how the business is managing the cash flow. If the business runs short of cash at any point of time and must apply for a working capital loan, then it would […]

    Banks, financial institutions sign an agreement to speed up resolution of bad loans

    Nearly two dozen Banks and Financial Institutions, including SBI and LIC, have signed the inter-creditor agreement (ICA) framework to speed up the resolution of stressed assets which are under the 500-crore rupee bracket. The framework is part of the Project Sashakt, the report on bad bank drafted and submitted by the committee headed by Non-executive […]

    RBI to issue new 100 Rupee notes with motif of ‘Rani Ki Vav’

    The Reserve Bank todaysaid it will soon issue new 100 rupee notes in lavender colour having motif of‘Rani ki vav’ – a stepwell located on the banks of Saraswati river in Gujarat’sPatan. The central bank said,all 100 rupees banknotes issued earlier will also continue to be legaltender. The note has otherdesigns, geometric patterns aligning with […]

    Rupee gains 19 paise aided by global dollar weakness

    At the foreign exchange market, the rupee firmed up by 19 paise to 67 points 79 against the US dollar today. Yesterday, the rupee had appreciated by 10 paise to close at 67.98 against the American currency. At the stock market, the sensex at the Bombay Stock Exchange fell by 50 points to 35,381 in […]

    Funds collected under GST anti-profiteering rules to be split between Centre, state

    The Centre and the ‘concerned state’ will equally share the amount deposited by erring businesses in the consumer welfare fund set up as part of the GST anti-profiteering rules, as per a Finance Ministry notification. The Government set up a national anti-profiteering authority to penalise businesses for failure to pass on tax benefits to consumers. […]

    Amazon Seller How to Boost Your Income In 2018?

      It’s a million-dollar question- “How do I increase my sales on Amazon?” Despite being one of the most common questions, it’s also one that is not easy to answer. That’s because there is no magic bullet that guarantees to hit the bullseye. You need an interdependent network of tips and strategies to test out […]

    Cabinet approves HDFC Bank’s proposal to raise additional share capital of Rs 24,000 crore

    Union Cabinet today approved the proposal for grant of permission to HDFC Bank to raise additional share capital of up to a maximum of 24,000 crore rupees. The composite foreign shareholding in the Bank will not exceed 74 percent of the enhanced paid-up equity share capital of the bank. Briefing media in New Delhi after […]

    MARG ERP Limited partners with ICICI Bank

    New Delhi : Marg ERP limited, a leading Inventory and Accounting software solution company has partnered with ICICI Bank, India’s largest private sector bank by consolidated assets, to offer an integrated payments platform to Micro, Small and Medium Enterprise (MSME) customers, using MARG’s accounting software.   This integration aims to promote ‘Connected Banking’ and enables […]

    Rupee falls 13 paise to Rs 67.62 against USD

    The rupee fell 13 paise to 67 rupees 62 paise against the US dollar in early trade today. Yesterday, the rupee had closed 7 paise down at 67.49 against the US currency. The benchmark BSE Sensex rose 184 points to 35,877 in early trade.

    RBI Governor asks for more powers to oversee PSBs in view of bad loans

    The Reserve Bank needs more powers to oversee Public Sector Banks (PSBs) amid bad loans in state-run lenders. This was stated by RBI Governor Urjit Patel when he appeared before Parliamentary Standing Committee of Finance in New Delhi today. During the meeting, sources said, the governor faced tough questions from lawmakers on bad loans, bank […]