APN News

  • Friday, April, 2024| Today's Market | Current Time: 07:33:32
  • Sensex up by 158 points

    The Sensex at the Bombay Stock Exchange gained 158 points, or 0.8 percent, to close at 18,947, on Monday, amid encouraging trade data, hopes of more steps by the government to support the rupee, and rising regional markets. The Nifty at the National Stock Exchange climbed 47 points, or 0.8 percent, to 5,612. Stock markets […]

    35 more districts come under direct transfer of LPG subsidy

    After its tremendous success in 20 districts, the watershed scheme of giving gas (LPG) subsidy directly to consumers in their bank accounts will be extended to 35 more districts like South Goa, Jalandhar and Ludhiana from next month. This will add about 1.4 crore LPG consumers to 2.12 crore already being covered by the scheme […]

    Steps on anvil to reduce gold, non-essential goods imports: FM

    Finance Minister P Chidambaram on Monday said government will reduce import of gold, silver, oil and non-essential goods to restrict Current Account Deficit (CAD) to 3.7 per cent of GDP in the current fiscal. He told to the Lok Sabha, that the government will also permit public sector financial institutions and oil companies to raise […]

    Who is the Syrian Electronic Army?

    The Syrian Electronic Army (SEA) is a prolific group of hackers who are loyal to Syrian President Bashar al-Assad. Their campaign began in May 2011, and typically employs DDoS attacks, phishing, pro-Assad web defacements and spamming campaigns against governments, online services, and media that are perceived hostile to the Syrian government. The SEA has successfully […]

    American Express announces Students’ offer on the American Express GlobalTravel Card

    New Delhi : American Express recently launched a special promotion on the American Express GlobalTravel Card targeting Indian students traveling abroad for higher studies – a complimentary Gift Card of upto Rs. 2000 on every purchase of the American Express GlobalTravel Card. Students travelling to USA can avail this offer by purchasing the American Express […]

    Govt to introduce Sebi Laws Amendments Bill in Parl today

    Government will introduce on Monday in Parliament the Bill to amend the Securities and Exchange Board of India (Sebi) Act that would give more powers to the capital market regulator Sebi. Finance Minister P Chidambaram would introduce a “Bill further to amend the Securities and Exchange Board of India Act, 1992, the Securities Contracts (Regulation) […]

    Sensex up 162 points ahead of IIP data, recovery in rupee

    The BSE benchmark Sensex on Monday gained 162 points in early trade on buying by funds and retailers ahead of industrial output data amid recovery in the rupee. The 30-share barometer rose by 162.65 points, or 0.86 per cent, to 18,951.99 points in early trade. Healthcare, metal, consumer durables, auto and capital goods stocks were […]

    Unions oppose FinMin proposal to offer EPFO members NPS scheme

    Trade unions have decided to oppose finance ministry’s proposal to offer the New Pension System (NPS) to the retirement fund body EPFO’s subscribers who are covered under Employees’ Pension Scheme-1995 (EPS-95). The Finance Ministry has said the NPS scheme provides better returns than EPS-95 run by the Employee’s Provident Fund Organisation (EPFO) at present. “Whenever […]

    Govt plans higher penalties to curb power overdrawal from grid

    In an attempt to ensure smooth functioning of electricity grids, the government is planning higher penalties and quicker punishments for entities that overdraw power. The Power Ministry is looking at ways to amend the Electricity Act so as to implement new rules as part of efforts to prevent grid failures. “We are also looking into […]

    IRDA relaxes investment norms for housing, infra finance firms

    Housing finance companies and infrastructure finance companies will get higher funding from the insurance companies as the sector regulator IRDA has relaxed investment norms for these firms. “The investments in the debt instruments issued by housing finance companies as specified in the investment regulations shall not be included under the exposure to Financial and Insurance […]