APN News

  • Thursday, May, 2024| Today's Market | Current Time: 05:53:34

    • Markets

    Gold futures slip lower on global trend

    Gold futures prices fell by Rs 38 to Rs 19,670 per 10 gram on Wednesday, after speculators reduced their holdings, tracking weak trend at the global markets. At the Multi Commodity Exchange counter, gold for delivery in December fell by Rs 38, or 0.20 per cent, to Rs 19,670 per 10 gram, with a trade […]

    Currency

    Rupee gains 12 paise against dollar in early trade

    The rupee strengthened by 12 paise to Rs 44.25 against the US currency at the Interbank Foreign Exchange market in the morning trade Wednesday, tracking dollar’s losses against other major currencies. Traders said besides dollar’s losses against the euro and other Asian currencies, fresh capital inflows into equities by foreign funds kept the rupee sentiment […]

    Stock & Share

    Sensex recovers by 175 pts in early trade

    The Bombay Stock Exchange benchmark Sensex Wednesday recovered by over 175 points in early trade on buying by funds in frontline shares amid strong global cues. The 30-share index rose by 175.23 points, or 0.86 per cent to 20,520.92 points with all the sectoral indices trading in the positive territory. The index had lost about […]

    Finance

    RBI raises key rates; FM says may impact short-term growth

    Hardening its stance on inflation, RBI on Tuesday raised some key policy rates prompting Finance Minister Pranab Mukherjee to caution that it could have some short-term negative impact on growth. The apex bank increased its short-term lending (repo) and borrowing (reverse repo) rates by 25 basis points to 6.25 per cent and 5.25 per cent […]

    Finance

    Bankers do not see immediate hike in interest rates

    The Reserve Bank’s mid-year tightening of the monetary policy is not likely to make home, car and other loans more costly immediately, but pressure on interest rates is likely to build up in the coming months, according to top bankers. “There will be no immediate increase in interest rates after the (RBI) rate hike… There […]

    Business

    New Martindale-Hubbell Report: From Cost to Profit Centre – Redefining the Role of the Legal Department

    Management boards and general counsel are urged to revaluate the remit of their legal teams in a thought-provoking new report, “The Profitable Legal Department: How legal departments can prosper by generating revenue for their company.” The report examines global best practice and demonstrates how, by adopting the stance of stakeholders, in-house counsel and retained lawyers […]

    Finance

    RBI raises lending, borrowing rates by 25bps; CRR unchanged

    The Reserve Bank on Tuesday hiked its key short-term lending and borrowing rates by 25 basis points each with immediate effect to rein in inflation, a move that could increase banks’ commercial lending rates. Accordingly, the short term lending rate or (repo rate) stands at 6.25 percent and the borrowing rate (reverse repo) at 5.25 […]

    Business

    Bloomberg Professional Launches Specialized Newsletters

    United States : Bloomberg Professional® service executives has announced the launch of Bloomberg Briefs, a new series of specialized newsletters combining Bloomberg data and news with industry-specific original content and commentary. The newsletters, tested with Bloomberg customers, will now be offered to the public by subscription for the first time. The Bloomberg Brief newsletters are […]

    Finance

    RBI hints at rate hike; says taming inflation priority

    The Reserve Bank on Monday hinted at a hike in key rates in its mid-year year policy review on Tuesday, saying that inflation is above the comfort level – an issue which Finance Minister Pranab Mukherjee has taken up with the central bank. “The Reserve Bank’s policy stance is likely to be shaped by the […]

    Business

    Ameyo Adds Technical Efficiency to Debt Collection Processes of Shergroup

    Haryana : Shergroup India is the Indian wing of UK-based Shergroup Ltd. – sixth oldest law firm in the UK. With business operations ranging from business administration, legal processes, voice operations and IT & web solutions, the credit industry services company has built a strong customer contact unit at their India center. Ameyo – the […]

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