APN News

  • Tuesday, April, 2024| Today's Market | Current Time: 09:52:34

    • Stock & Share

    Sensex closes 127 pts down; extends 4-day losing streak

    Mumbai : The BSE benchmark Sensex fell for the fourth straight day on Friday losing 127 points after factory output for March contracted to a five-year low of 3.5 per cent, renewing concerns of slowing economic growth. The 30-share Sensex, which had lost 493 points in last three-day, fell further by 127.07 points, or 0.77 […]

    Business

    IIP disappointing; weak global sentiments hindering recovery: FM

    New Delhi : Expressing unhappiness over the contraction in industrial output numbers, Finance Minister Pranab Mukherjee said slowdown in global demand and investment activity has impacted IIP. “The IIP figures are disappointing… Continued weak global business sentiments are also adversely impacting recovery in domestic private investment,” Mukherjee told reporters in New Delhi on Friday. Factory […]

    Business

    Rupee continues to fall against dollar despite RBI’s initiative

    Mumbai : In spite of the measures taken by Reserve Bank to arrest the declining value of rupee against the dollar, the Indian currency declined 18 paise, to 53.60 against the American currency in the late morning trade. Forex dealers say that fresh demand for dollars from banks and importers in view of a firm […]

    Business

    If AI pilots end strike, govt willing to discuss all issues: Ajit

    New Delhi : Holding that nobody should maintain a stubborn stand, Civil Aviation Minister Ajit Singh on Friday said if the striking Air India pilots returned to work, the government was willing to discuss all issues with them. “It is not an issue of being stubborn. We are going to take a long-term view. If […]

    Business

    RBI directs exporters to convert 50% of their retained forex earnings into Rupee

    New Delhi : The Reserve Bank of India (RBI) has asked foreign exchange earners, including exporters to convert 50 percent of their retained foreign exchange earnings into the rupee currency. In a notification issued from Mumbai yesterday, the RBI has revised the rules regarding Exchange Earner’s Foreign Currency – EEFC Account. The notification informs exporters […]

    Stock & Share

    Sensex down 74 points in early trade ahead of IIP data

    Mumbai : The BSE benchmark Sensex fell by nearly 74 points in early trade on Friday on selling by funds and retail investors ahead of industrial output data amid a mixed trend on Asian bourses. The 30-share barometer, which had lost almost 493 points in the previous three sessions, fell further by 73.99 points, or […]

    Business

    AI stops bookings for US, Europe till May 15; 9 more pilots sacked

    New Delhi : Crisis-hit Air India on Thursday stopped bookings for the US, Canada and Europe-bound flights till May 15 as it sacked nine more pilots on day three of their agitation which led to cancellation of over 20 flights and left hundreds of passengers fuming. With over 200 pilots owing allegiance to the Indian […]

    Stock & Share

    Sensex declines nearly 60 pts; auto and metal stocks drag mkts

    Mumbai : Erasing initial gains, the BSE benchmark Sensex on Thursday fell for the third straight day as it lost nearly 60 points with auto and metal stocks leading the fall amid a weakening global trend. The Sensex, which shed 433 points in the last two sessions, fell further by 59.53 points, or 0.36 per […]

    Business

    Kingfisher pilots threaten not to fly from tonight

    Bangalore : A section of Kingfisher pilots have decided not to fly from tonight to protest “backtracking” by the management on its “assurance” of remitting their January salaries from 9th May, a move which is likely to compound the woes of fliers already hit by the ongoing stir by AI pilots. “The management had said […]

    Markets

    Crude down in Asia on US inventory gain

    Mumbai : Crude was down in Asia on Thursday as a sharper-than-expected US stockpile gain further spooked nervous investors already shaken by worries over the eurozone, analysts said. New York’s main contract, light sweet crude for delivery in June, dipped eight cents to USD 96.73 per barrel and Brent North Sea crude for June delivery […]

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