APN News

  • Friday, April, 2024| Today's Market | Current Time: 11:44:21

    • Business

    RBI to sell Rs 22,000 cr bonds every Monday to check Rupee slide

    Faced with a weakening rupee, the Reserve Bank on Thursday announced it will sell government bonds worth Rs 22,000 crore every Monday to check volatility in the forex market. The measure is a part of a continuing effort to arrest the slide in the rupee, which hit a record intra-day low of Rs 61.80 against […]

    Banking

    3,500 govt data banks available for public on govt website

    General public can now access over 3,500 government data banks on a single website having a wealth of information, ranging from beneficiaries under various schemes to industrial output numbers. Launching the website www.data.gov.in, Telecom and IT Minister Kapil Sibal said: “Ever since the UPA government came to power, information revolution started with the Right to […]

    Business

    Swiss retailer Richemont plans to invest $25 mn in India

    Swiss retailer Richemont is planning to invest about USD 25 million in India to set up single brand retail stores in the country. The company, which sells luxury products, including brands like Cartier, Piaget, Panerai and Montblanc, has also sought few clarifications from the government on conditions for selling sub-brands from the same stores, according […]

    Stock & Share

    Sensex rises 124 pts after initial losses

    Snapping two-day losing streak, the BSE benchmark Sensex on Thursday rose over 124 points on emergence of buying support amid rupee gaining strength and global markets witnessing positive trends. The Sensex gained 124.46 points, or 0.67 per cent, to close at 18,789.34 on Thursday, led by metal, realty and power sectors. It had lost over […]

    Business

    Private individuals own majority of newspapers in India: Govt

    Private individuals own a majority of newspapers followed by joint stock companies, according to data available with the Information & Broadcasting Ministry. In a written reply to a question in the Lok Sabha today, I&B Minister Manish Tewari said out of 16,310 newspapers that furnished annual statements for 2011-12, individuals own 13,312 (81.57 per cent) […]

    Business

    Companies Bill passed in Parliament

    Parliament on Thursday passed the much-awaited Companies Bill which is aimed at protecting the interest of employees and small investors, with the government saying the “historic” measure will give impetus to growth and bring transparency. The Companies Bill, which will replace the nearly 50-year-old Companies Act, was passed by Rajya Sabha by voice vote. Lok […]

    Business

    Govt approves revival of 44 CPSEs as on 31st July 2013

    The govt has approved revival of 44 Central Public Sector Enterprises (CPSEs) with a total assistance of Rs 28,333 crore as on 31st July 2013, Parliament was informed. “On the recommendations of the Board for Reconstruction of Public Sector Enterprises (BRPSE), the government has approved revival of 44 CPSEs as on July, 31, 2013 envisaging […]

    Business

    Indian shares likely to fall led by banks: Morgan Stanley

    The Reserve Bank of India’s tightening moves have made Indian markets more vulnerable to global cues with share prices likely to fall, led by banking stocks, a Morgan Stanley report says. According to the global brokerage firm, RBI’s dovish commentary last Monday amidst possibly the severest liquidity tightening that the central bank has initiated since […]

    Banking

    Salary through Aadhar linked bank A/Cs: Maharashtra scores a first

    Maharashtra Government has become the first state in the country to disburse salary of its staff through their Aadhaar-linked bank accounts. An official press release issued from Mumbai on Wednesday claimed the employees of the state government’s Information Technology (IT) department got their July salaries through their Aadhaar-linked bank accounts. The IT secretary, Rajesh Aggarwal […]

    Stock & Share

    Sensex recovers over 27 points

    Snapping a two-day losing streak, the BSE benchmark Sensex recovered by over 27 points in early trade on Thursday on emergence of buying by funds and retail investors in select stocks at existing levels amid a firming trend at other Asian bourses. The 30-share barometer, which had lost over 517 points in the previous two […]

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