APN News

  • Tuesday, May, 2024| Today's Market | Current Time: 10:19:11

    • Business

    South Africa Trade delegation visits India to strengthen trade relations between sectors of mutual growth

    Mumbai : Department of Trade & Industry (DTI), consulate of South Africa, organized a conference today between delegates of South African and Indian business houses. This was with a view to consolidate the existing trade relations between India and South Africa and for exploring newer business opportunities at Mumbai. DTI Believes that there is a […]

    Markets

    OilMin unveils mega fuel conservation drive to cut import bill

    Staggered office timings for government employees to decongest traffic and staffers taking public transport to workplace once a week are part of a mega fuel conservation drive unveiled by Oil Minister M Veerappa Moily on Tuesday to save USD 5-billion in oil imports. Battling a record current account deficit (CAD) that is a result of […]

    Business

    Moily: No proposal to increase diesel prices as of now

    The government appears to have developed cold feet on increasing diesel and cooking gas (LPG) prices, with Oil Minister M Veerappa Moily on Monday saying there was no proposal to hike rates just yet. Moily insisted that no proposal has been moved to the Cabinet for raising diesel rates beyond the 40-50 paise a litre […]

    Stock & Share

    Sensex ekes out marginal gains after two days of losses

    Snapping a two-day losing trend, the BSE benchmark Sensex on Tuesday closed 19.25 points higher on buying in capital goods, auto and power stocks in a choppy session ahead of the monthly derivative contract expiry on Thursday. After losing 746 points in last two sessions and a lower start even today, the Sensex managed to […]

    Banking

    ICICI Bank launches ‘Pockets by ICICI Bank’

    Mumbai: ICICI Bank, India’s largest private sector bank, today announced the launch of ‘Pockets by ICICI Bank’, an app that enables its customers to carry out a slew of banking services on the social media site, Facebook. A first-of-its kind app on Facebook across the globe, ‘Pockets by ICICI Bank’ offers the Bank’s customers the […]

    Stock & Share

    Sensex down 118 points; banking stocks hit

    Continuing its losing streak, the BSE benchmark Sensex on Tuesday further lost over 118 points in early trade as banking stocks slumped after international rating agencies downgraded the debt rating of the nation’s top three public sector lenders. The 30-share index, which lost 745.68 points in the previous two sessions, fell further by 118.18 points, […]

    Currency

    Rupee falls 23 paise vs dollar in early trade

    Falling for the third day in a row, the rupee on Tuesday depreciated further by 23 paise to 62.83 against the dollar in early trade at the Interbank Foreign Exchange market on approaching month-end demand for the US currency from importers. Besides, a weak opening in the local equity market put pressure on the domestic […]

    Banking

    RBI sets up panel to frame vision for financial inclusion

    The Reserve Bank on Monday announced a 13-member committee, including former Citibank CEO Vikram Pandit and Axis Bank chief Shikha Sharma, to frame a “clear and detailed” vision for financial inclusion/deepening across the country. The ‘Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households’ has been tasked to develop a comprehensive monitoring framework […]

    Banking

    Bank of Maharashtra opens 3 new Rural Branches in Hapur

    Bank of Maharashtra a premier Nationalized Bank has opened 3 new rural Branches at 1. Fagouta 2. Nizampur 3. Galand, at Hapur Districts (Panchsheel Nagar)  in Uttar Pradesh on 22nd September 2013 inaugurated by Honble M. P.  Shri. Rajnath Singh, in the presence of Shri Narendra Singh, Chairman & Managing Director, Bank of Maharashtra (BoM) […]

    Business

    ‘High trade deficit with China not sustainable in long run’

    India on Monday said the widening trade deficit with China is not “sustainable” in the long run and asked the neighbouring country to give more market access for its products even as Beijing assured all steps in this direction. In 2012-13, India’s exports to China was only USD 13.53-billion while imports stood at USD 52.24-billion. […]

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