APN News

  • Friday, April, 2024| Today's Market | Current Time: 04:30:57
  • Exim Bank announces the winner of IEDRA Award 2012

    New Delhi : Dr. Harendra Kumar Behera was declared the winner of Export-Import Bank of India’s (Exim Bank) International Economic Development Research Annual (IEDRA) Award 2012 for his Doctoral dissertation titled “The Effects of Financial Openness: An Assessment of the Indian Experience”.  The Exim Bank IEDRA Award 2012 was announced by Mr. T.C. A. Ranganathan, […]

    Petrol prices hiked by Rs. 1.55 per litre

    Petroleum companies on Sunday decided to hike the price of petrol by Rs. 1.55 per litre, excluding taxes. However, the price of diesel was kept unchanged. The new prices will take effect from Sunday midnight. Petroleum companies review the price of petrol every two weeks. While petrol price has been deregulated since June 2010 and […]

    US welcomes efforts by Indian FM to address investment concerns

    US Treasury Secy Jacob Lew has welcomed Finance Min P Chidambaram’s efforts to address concerns about investment climate in India and invited him for the US-India Economic and Financial Partnership meeting in US this fall. Chidambaram, who ended his four day US visit on Friday, held detailed meetings with Lew and the US Trade Representative […]

    Economic growth may rebound from next fiscal: CII

    Economic growth may rebound from the next fiscal if government expedites its reform process, a survey by industry body CII has said. Pulled down by poor performance of farm, manufacturing and mining sectors, economic growth slowed to 4.8 per cent in the January-March quarter and fell to a decade’s low of 5 per cent for […]

    No decision yet on Air India’s fleet of Dreamliners: DGCA

    Aviation regulator DGCA said it was keeping a close watch on the probe into the recent fire incident and “mechanical” trouble in two Dreamliners at the London Heathrow airport and no decision has been taken on Air India’s fleet of these planes. “We are keeping a close watch in the investigations (at Heathrow). We will […]

    Outlook for Construction Sector Remains Negative: India Ratings

    Ind-Ra-Chennai-12 July 2013: India Ratings & Research (Ind-Ra) has maintained a negative outlook on the Indian construction sector for the second half of 2013 (H213). This is in view of the continued execution and liquidity challenges facing the sector, identified as major constraints in the beginning of the year. The impact of these challenges is […]

    LatentView strengthens India Foothold

    Chennai: LatentView, a pure-play business analytics solutions provider today announced its plans to strengthen its presence in India by ramping up operations and inaugurating its ‘Analytics Center of Excellence’. The 50,000 sq. ft center, called ‘Gravity’, will be the primary office for LatentView’s global operations. Ranked as India’s 12th fastest growing ‘Technology Company in Deloitte […]

    Daikin India raises HVAC product prices by 3 – 5% across all categories

    New Delhi: Daikin Air-conditioning India Pvt. Ltd., a 100% subsidiary of Daikin Industries Ltd., Japan, has announced a 3 – 5% increase in prices across all its product range in the residential and commercial HVAC categories. The increase in prices which will be effective from 1st August, 2013 onwards is due to the ascending U.S. […]

    Rupee down 18 paise against dollar in early trade

    The rupee on Friday lost 18 paise to 59.85 against the dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency against the euro and yen overseas. Forex dealers said increased demand for the dollar from importers also put pressure on the rupee. The rupee had closed two paise […]

    Sensex up 229 points in early trade; Infosys surges 13.21 pc

    The BSE benchmark Sensex on Friday rallied by nearly 229 points to hit a fresh six-week high in early trade, mainly led by gains in IT stocks after Infosys posted better-than-expected first quarter earnings. Besides, a firming trend in the global markets also buoyed the trading sentiment here. The 30-share index, which had gained 381.94 […]