APN News

  • Wednesday, May, 2022| Today's Market | Current Time: 04:54:34

    • Currency

    Rupee weakens by 10 paise against dollar in early trade

    The Indian rupee eased by 10 paise to Rs 46.49 a dollar in early trade at the Interbank Foreign Exchange market on Wednesday following dollar’s gains against other major currencies. Forex dealers said besides the dollar’s gains against other major currencies, increased demand from importers for US currency also put pressure on the the rupee. […]

    Currency

    Rupee falls by 13 paise against dollar in early trade

    Rajya Sabha was adjourned till 1200 noon on Tuesday following clashes between treasury benches and Opposition BJP which wanted suspension of Question Hour to discuss Trinamool Congress chief Mamata Banerjee’s alleged support to Maoists at her Lalgarh rally. When the House met for the day, Leader of Opposition Arun Jaitley said, “I have given a […]

    Banking

    ICICI Bank signs pact for SMX Clearing and Settlement Membership

    ICICI Bank Limited  has entered into an agreement for clearing and settlement banking membership of Singapore Mercantile Exchange (SMX). This membership will enable ICICI Bank to provide clearing and settlement processing services to facilitate settlement of transactions executed on SMX. This membership will also facilitate ICICI Bank to provide a platform to the commodity market […]

    Business

    Max New York Life Insurance Launches “Platinum Protect”

    New Delhi (Business Wire India):  Max New York Life Insurance, one of India’s leading life insurance companies, today launched ‘Platinum Protect’, a novel term plan, thereby enhancing its product portfolio of risk protection solutions. Through this term plan, Max New York Life Insurance has for the first time introduced a unique feature of ‘Reduced Insurance […]

    Commodity

    Rubber Futures Open High in NMCE

    Rubber Futures (September contract) opened 0.3 percent up on Nationa Multi-Commodity exchange in the early session today.

    Stock & Share

    US Stocks Gain ahead of Fed Meeting

    US stocks gained on Monday as investors expected the Federal Reserve to restart some stimulus measures on this week’s meeting. With no major economic report scheduled to be released on Monday, investors were looking forward to the Federal Reserve’s Tuesday meeting, hoping to get more insight about the economy. As more and more signs showed […]

    Currency

    Rupee up by 20 Paisa vs dlr in morning trade

    The rupee gained 20 paisa against the US currency in early trade on persistent selling of dollars by banks and corporates coupled with sustained capital inflows into equity market. At the Interbank Foreign Exchange (Forex) market, the local currency opened strong at 46.02/04 against its last Friday’s level of 46.15/16 per dollar and firmed up […]

    Business

    China’s Aigo to Move Boldly, Compete with Global Brands

    China’s digital giant aigo revealed its ambition to break into global high-end markets, with camera shops to be set up in the world’s most renowned luxury districts. “Our grand plan is to open chain stores, featuring Chinese-styled cameras, on the Champs Elysees, New York’s Fifth Avenue, and other luxury centers within three years,” announced Feng […]

    Business

    India, Bangladesh sign USD 1 billion credit deal

    In the largest-ever loan it has given to any foreign country, India has signed an agreement with Bangladesh to extend a USD 1 billion credit line to Dhaka for developing 14 infrastructure projects, mostly in the communications sector. The loan agreement was signed between the Exim Bank of India and the Economic Relations Department of […]

    Business

    Steel Min rejects industry demand for import curbs

    Rejecting industry’s call for policy intervention to curb imports, the Steel Ministry has said it was not in favour of increasing duties or subjecting the sector to “license raj”. After a meeting with officials of leading steel makers like SAIL, Essar Steel and JSW Steel in New Delhi on Friday, Steel Secretary Atul Chaturvedi said […]

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