APN News

  • Saturday, April, 2024| Today's Market | Current Time: 01:12:15
  • Sensex drops nearly 100 pts in noon trade

    Mumbai : Snapping a four-day rising streak, the BSE benchmark index Sensex fell by over 95 points in early trade on Friday, as funds and retail investors booked profits at prevailing levels amid a weak trend in other Asian markets. The Sensex at the Bombay Stock Exchange fell 95 points, or 0.6 per cent, to […]

    Govt working on plan to replace sacked AI pilots

    Mumbai : After virtually shutting the doors on 100 sacked Air India pilots, Government is working on a plan to replace them with those shed by some private airlines like Jet Airways. Civil Aviation Minister Ajit Singh on Thursday said alternative plans were being made to ensure that operations of the state- run carrier were […]

    Sensex fall 95 pts in early trade on profit-booking, Asian cues

    Mumbai : Snapping a four-day rising streak, the BSE benchmark index Sensex fell by over 95 points in early trade on Friday, as funds and retail investors booked profits at prevailing levels amid a weak trend in other Asian markets. The 30-share index, which had gained over 684 points in the past four sessions, fell […]

    Oil falls on fading US stimulus hopes

    Mumbai : Oil prices fell in Asian trade on Friday as hopes dimmed for stimulus measures to re-energise the faltering US economy, analysts said. New York’s main contract, light sweet crude for delivery in July, was down USD 2.04 to USD 82.78 a barrel and Brent North Sea crude for July delivery shed USD 1.48 […]

    EGoM to decide on spectrum pricing in next meet

    New Delhi : An Empowered Group of Ministers (EGoM), headed by Finance Minister Pranab Mukherjee, will discuss the base price of spectrum, to be auctioned to operators, in its next meet, an official has said. “Spectrum pricing will come at the next EGoM,” Financial Services Secretary D K Mittal told reporters in New Delhi on […]

    SBI cuts fixed deposit rates by 0.25 pc

    Mumbai : Ahead of RBI’s mid-quarter review of the monetary policy later this month, country’s largest lender State Bank of India (SBI) on Thursday slashed fixed deposit rates by 0.25 per cent across select maturities. The bank has decided to revise its retail term deposit interest rates with a reduction by 0.25 per cent in […]

    Sensex up for 4th straight day, ends at 1-month high of 16649

    Mumbai : Spurred by the govt’s steps to push infrastructure development and an appreciating rupee, stocks rose for the fourth straight day on Thursday with BSE Sensex climbing 195 points to a one-month high of 16649 amid investors betting on fresh stimulus by global central banks. After gaining 434 points yesterday, the 30-share index opened […]

    Cabinet defers decision on pension reforms bill

    Mumbai : Amid differences among allies, the government on Thursday deferred a decision on the changes in the crucial Pension Fund Regulatory and Development Authority Bill, 2011. “It (the PFRDA Bill) was taken up and deferred”, said a Minister after the Cabinet meeting in New Delhi. Among the UPA allies, Trinamool Congress has been quite […]

    Govt approves Rs 632 cr capital infusion in regional rural banks

    New Delhi : Union Cabinet has approved capital infusion in some Regional Rural Banks to improve their capital to risk waited assets ratio. The amount of infusion is 632 crore rupees. The Cabinet approved 50 percent share of the Central government and also decided to extend the scheme of capitalization of weak Regional Rural Banks […]

    RIL to invest Rs 1 lakh cr in core biz in next 4-5 yrs

    Mumbai : Reliance Industries  on 7th June 7, 2012 announced investment of Rs 100,000 crore in core businesses of petrochem and oil and gas as well as in new sectors of retail and telecom, to double operating profits in 4-5 years. Addressing company shareholders, RIL Chairman and Managing Director Mukesh Ambani said new projects in […]