APN News

  • Thursday, February, 2024| Today's Market | Current Time: 05:33:35
  • From Behaviour to Wellbeing – Book launch by Vinesh Sukumaran at Atta Galatta Sunday,18th Nov 2018

    About the book: It doesn’t matter what you’re trying to pursue in life; whether you’re trying to become a billionaire, keep your family happy, travel to 190 countries or win the Boston Marathon. What underlies any pursuit is wellbeing – the quest for happiness, better relationships, greater meaning and a life you love. From Behaviour […]

    Global crude oil prices slip towards 12 year low

    Mumbai:  Crude oil prices fell over 2% on Monday as China’s economic slowdown dented the outlook for demand and traders are placing record bets on even lower prices, as they increasingly lose faith in a significant market recovery. Global benchmark Brent was down 89 cents, to 32.66 US Dollars per barrel , and US West […]

    NCDEX introduces risk management fee on fresh OI

    Mumbai: NCDEX, India’s leading commodity derivatives exchange, has decided to introduce one time risk management fee on every overnight fresh open position created on the Exchange platform. The levy Rs. 5 per lakh on incremental open position will be applicable from 15th October, 2014 onwards. However the Exchange has decided to levy risk management fee […]

    NCDEX launches internationally aligned Sugar contract for increased efficiency in hedging

    Mumbai : NCDEX, the leading commodity exchange, today announced that its sugar contracts October onwards have now been aligned to the international market so that the sugar industry is able to better protect itself from volatility in global prices. The new contract has been designed in close partnership with apex industry body ISMA which has […]

    Gold tumbles by Rs 800 as RBI eases import curbs

    Gold prices tumbled by Rs 800 to hit nine-month low of Rs 28,550 per ten grams in New Delhi on Thursday after the Reserve Bank eased import norms. Besides, sluggish demand and subdued global cues also weighed on the precious metal prices. Silver in range-bound movements fell by Rs 50 to Rs 41,650 per kg. […]

    RBI eases gold import curbs

    The Reserve Bank on Wednesday eased gold import norms by allowing select trading houses, in addition to already permitted banks, to procure the precious metal to boost exports. The Reserve Bank of India (RBI) in July last year had imposed severe restrictions on gold imports in order to check burgeoning current account deficit and sliding […]

    CapitalVia’s Fundamental & Technical Outlook on Commodities for April 21-26

    Precious metal:- Gold prices moved in a range initially and ended up marginally by moving 0.25%. Ongoing tensions in Ukraine and Russia has helped supporting Gold prices in international market. SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings fell 8.39 tonnes to 798.43 tonnes, the biggest fall in last four months. […]

    BlueStone.com raises $10 Million in Series B funding led by Kalaari Capital

    New Delhi: BlueStone.com, India’s premier online jewellery destination has announced a 2nd round of VC funding, worth 10 Million Dollars (60 Crores). The funding is led by Kalaari Capital, while the existing investors Accel Partners and Saama Capital have also participated. Founded in 2011, BlueStone.com had raised $5 Million in Series A in 2012 which […]

    Govt raises gold’s import tariff value

    The government has hiked the import tariff value on gold to USD 445 per 10 grams from at USD 433 per 10 gram earlier. However, the import tariff value — the base price at which customs duty is determined to prevent under-invoicing — in case of silver has been reduced to USD 694 per kg […]

    Christmas demand spurs gold to new high

    Snapping a two-day losing streak, gold rose 125 rupees, to 30,175 rupees per ten grams at Delhi’s bullion market, on Wednesday, on Christmas demand, coupled with a firm global trend. Silver gained 140 rupees, to 43,690 rupees per kilo, on increased offtake by industrial units. Silver coins held steady at 84,000 rupees for buying 100 […]