APN News

  • Friday, May, 2024| Today's Market | Current Time: 07:34:08

    • Markets

    Oil prices rebound over Iran’s concern

    Mumbai : Oil prices rebounded in Asian trade today amid lingering concerns over Western efforts to rein in Iran’s nuclear programme. The analysts said New York’s main contract, West Texas Intermediate crude gained 40 cents to 105.10 dollars per barrel while Brent North Sea crude was up 50 cents at 122.48 dollars.

    Stock & Share

    Sensex declines 118 pts in early trade

    Mumbai : The BSE benchmark Sensex declined by 118 points in early trade today on sustained selling by funds and retailers, amid a weak trend on Asian bourses. The 30-share barometer, which had lost almost 364 points in last two trading days, moved down further in opening trade today by 118 points, or 0.69 per […]

    Stock & Share

    Sensex falls 190 pts on profit booking after poll results

    Mumbai  : In a volatile trade, the BSE benchmark index Sensex on Tuesday dropped nearly 190 points due to profit booking by investors as poor performance by the ruling party raised concerns over its ability to push reforms to boost the economic growth. The 30-share index shuttled between a high of 17,691.96 and a low […]

    Business

    Pawar seeks PM’s intervention to lift cotton export ban

    New Delhi : Seeking Prime Minister Manmohan Singh’s intervention, Agriculture Minister Sharad Pawar on Tuesday said he was not consulted on the Commerce Ministry’s decision to ban cotton exports. “I was kept in dark on the issue. I came to know about this only after a notification was issued by DGFT yesterday,” Pawar told reporters […]

    Business

    EGoM decides to allocate 700 MHz spectrum for offering 4G

    New Delhi : An Empowered Group of Ministers (EGoM) today decided to allocate 700 Mhz spectrum for offering fourth-generation or 4G telecom services. Telecom Minister Kapil Sibal told reporters in New Delhi after the meeting that this particular band is considered to be very efficient and could fetch the government revenues more than it got […]

    Currency

    Rupee drops 31 paise against US dollar

    Mumbai : Moving in line with weak equity markets, the rupee dropped 31 paise, to 49.81 against the US dollar, at mid-session, today, on persistent dollar demand from importers. Earlier, the rupee had resumed lower, at 49.72 per dollar, at the Interbank Foreign Exchange market, compared to Friday’s close of 49.50 per dollar.

    Business

    Govt bans cotton exports

    New Delhi : The government has banned exports of cotton to increase supply of the natural fibre in the domestic market. A notification issued by the Directorate General of Foreign Trade said that exports against registration certificates already issued will not be allowed. India has already exported about 85 lakh bales (170 kg each) of […]

    Stock & Share

    Sensex down 163 points in early trade on weak Asian cues

    Mumbai : The BSE benchmark Sensex fell by 163 points in the early trade on Monday on fresh selling by funds amid a weak trend on other Asian bourses. The 30-share barometer, which had gained 53 points in the previous two sessions, fell by 163.10 points, or 0.92 per cent, to 17,473.89 points in the […]

    Business

    No talk of shut down: Kingfisher

    Bangalore : Trying to scotch speculation of a shut down, cash-strapped Kingfisher Airlines on Sunday said it was in talks with tax authorities to get the accounts of the airlines un-frozen and asked its pilots, skipping flying duties, to fall in line. But pilots protesting delay in payment of salaries claimed that Kingfisher CEO Sanjay […]

    Business

    Delhi govt’s VAT collection surges by 14 per cent

    New Delhi : The Delhi government has collected Rs 11,283 crore from Value Added Tax between April and January in the current fiscal, registering a growth of 14 per cent over the corresponding period of 2010-11. The government, in its budget, had estimated collection of a total of Rs 14,500 crore from VAT 2011-12 and […]

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