APN News

  • Wednesday, April, 2024| Today's Market | Current Time: 03:54:28

    • Stock & Share

    Sensex sheds 40 pts on profit-booking

    Mumbai : Snapping a four-day rising streak, the BSE benchmark Sensex fell by over 40 points in early trade on Monday as funds and retail investors booked profits at prevailing levels. The 30-share index, which gained over 547 points in the last four sessions, fell by 40.19 points, or 0.23 percent, to 17,389.79 with stocks […]

    Business

    New Service Tax Regime comes into force

    New Delhi : All services except those which are in the negative list will become expensive from Sunday onwards with the implementation of the new service tax regime. With the exception of 38 services, which figure in the negative list, all other activities would attract 12 per cent tax. The government had earlier decided to […]

    Business

    Growth to rebound from Oct: Basu

     Mumbai : India’s economic growth, which dipped to 9-year low of 6.5 percent in 2011-12, is expected to rebound from October, Chief Economic Advisor Kaushik Basu said. He also said the government was working to remove trust problems with the industry. “We are hopeful that economy is going to bounce back within 4-5 months. […]

    Stock & Share

    Sensex soars over 400 points to 2-month hig

    Mumbai : The BSE benchmark Sensex soared by over 410 points to more than two-month high of 17,496.96 in pre-close trade on Friday on foreign fund inflows buoyed by the government’s moves to revive the economy. Besides, the Finance Ministry’s proposing a monetary limit for invoking the controversial General Anti-Tax Avoidance Rules (GAAR) in its […]

    Business

    Mkt situation not to dampen PSU stake sale plan: DoD Secy

    The govt will move ahead with the stake sale of public sector companies without waiting for further improvement in the stock markets, a senior finance ministry official said. “If we have to achieve the target of Rs 30,000 crore this financial year, we cannot wait for the market to improve beyond a point. I think […]

    Business

    Cairn sells 3.5 pc stake in India unit for over Rs 2,000 cr

    UK’s Cairn Energy, which had last year sold majority stake in its Indian unit to mining group Vedanta, sold 3.5 percent for over Rs 2,000 crore in an open market deal on Friday. It had 21.8 percent stake in Cairn India before Friday’s deal. Cairn Energy sold 6.67 crore shares, or 3.5 percent of the […]

    Business

    GAAR to be finalised after consultation with PMO: Fin Min

    Within hours of the PMO issuing a statement saying that the draft GAAR rules were not seen by PM Manmohan Singh, a top finance ministry official said the guidelines will be finalised after consultation with the PM’s office. “Don’t read too much into the release by the PMO. The PM has not applied his mind […]

    Stock & Share

    Sensex surges 269 pts in early trade

    Mumbai : The Sensex at the Bombay Stock Exchange, extended gains for the fourth day in a row and rose by hefty 269 points in early trade today . The rise came amid the sustained buying by funds and retailers on hopes that the government will announce economic reforms to revive the economy. The 30-share […]

    Business

    EU mobilizes €120 billion for growth

    EU officials have agreed to spend €120 billion “for immediate growth measures” to aid the most vulnerable countries of the eurozone. The announcement comes during the latest EU summit that has started in Brussels. European Council President Herman Van Rompuy made the announcement at a summit press conference on Thursday. However, the latest reports from […]

    Business

    Petrol to cost less

    New Delhi : Petrol prices were reduced again for a second time this month. In Delhi petrol will cost less by  2.46 per litre at  67.78 with effect from midnight tonight. While in Mumbai the prices of petrol will come down by  3.10 paise to  73.35. In Kolkata petrol will cost  3.07 less at 72.74 […]

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