APN News

  • Wednesday, October, 2019| Today's Market | Current Time: 09:53:48
  • RBI launches survey to capture retail payment habits in 6 cities

    The Reserve Bank of India (RBI) will capture payment habits of individuals in six cities, including four metropolitan towns. For the purpose, the central bank has launched a ‘Survey on Retail Payment Habits of Individuals (SRPHi)’. According to RBI release, the survey will cover a sample of 6,000 individuals from various socio-economic backgrounds across six cities including […]

    Investment through P-notes rises to Rs 79247 crore in November

    Investments in the Indian capital market through participatory notes climbed to Rs 79,247 crore in November after hitting a nine-and-a-half year low at the end of October. P-notes are issued by registered foreign portfolio investors to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need […]

    Public sector banks on strike, services affected

    Banking services in the public sector banks were affected today due to a strike by Unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda. The strike has been called by the United Forum of Bank Unions (UFBU) – an umbrella organisation of all 9 unions including the All India […]

    10 Benefits Offered by Endowment Policies

    It is crucial for individuals to invest in a life insurance policy to secure the financial future of their loved ones. A life insurance policy will provide safety and security to your family in the event of your demise. An endowment policy is a policy, which is a mix of both-investment and insurance. At the […]

    Maximize Your Returns with New Age ULIPs

    The Government of India has taken significant measures to create awareness about the importance of life insurance. Efforts like the Pradhan Mantri Jeevan Jyoti Bima Yojana and the advances in digital platforms have made people appreciate the value of insurance as financial security, and not an investment product that they can seek returns from. Individuals […]

    Saraswat Co-operative Bank launches “Banking Services on WhatsApp”

    Mangalore:  Saraswat Bank has become the second bank in India to go live on WhatsApp channel for notifications and Bot services and the first to do so in co-operative sector. It has been at the vanguard of embracing leading-edge technology that has driven efficiency in the way it acquires, services and retains its customers. It […]

    Want to Invest Safely? ULIPS or Mutual Funds – Which One’s for You?

      In 2018, the introduction of Long-Term Capital Gains (LTCG) tax on equity investments came as a decisive factor in making returns from a Unit-Linked Insurance Plan(ULIP) more prominent and attractive. As we all know, ULIP plans have an investment component that works likea mutual fund buthas a different cost structure, while different income-tax rules […]

    GST reduced on 23 items and services; revised rates effective from 1st of next month

    The GST Council has reduced tax rates on 23 goods and services, including movie tickets, TV and monitor screens and power banks. With this, only 28 goods are left in the highest 28 per cent tax bracket. Monitors and TV screens up to 32-inches and power banks will attract 18 per cent GST, as against […]

    Top 6 Reasons to Take a Personal Loan

    The stereotypes attached to loans are soon disappearing. They are no longer scary or tedious and many people are choosing to take loans for various reasons. Here we list the top 6 reasons for which you should apply for a personal loan instead of spending your savings. To Renovate a Home Home renovation is something […]

    Finance Minister hits out at Congress for criticising GST

    Finance Minister Arun Jaitley has hit out at Congress for criticising Government over Goods and Services Tax, GST. In a Facebook post, Mr Jaitley said, Congress party which oppressed the country with a 31 per cent indirect tax and consistently belittled the GST must seriously introspect. He said the Congress legacy of indirect tax was […]