APN News

  • Sunday, May, 2024| Today's Market | Current Time: 11:55:45

    • Currency

    Rupee gains 12 paise against dollar in early trade

    The rupee on Tuesday appreciated by 12 paise to Rs 46.68 a dollar in early trade, supported by fresh capital inflows by foreign funds. The rupee had closed at a three-week low of 46.80/81 against the US dollar on Monday. Dealers said fresh capital inflow into equities by foreign funds provided support to the rupee. […]

    Business

    Exports up 13 pc, imports jump by 34 pc in July

    India’s exports rose in July, for the ninth month in a row, by 13.2 percent to USD 16.24 billion, Commerce Secretary Rahul Khullar said on Tuesday. Imports too rose by 34.3 per cent to USD 29.17 billion, taking the trade gap for the month to USD 12.93 billion, he added. Overseas shipments in April-July this […]

    Markets

    Commodity Commentary: By Sangeeth C Cherian

    Rubber Advances on Speculation China May Boost Purchases, Crude Oil Gains Rubber advanced, tracking gains in crude oil, on expectations that China, the world’s biggest buyer, will sustain purchases. January-delivery rubber in Tokyo added 1.2 percent to 283.30 yen a kilogram on the Tokyo Commodity Exchange at 11:46 a.m. local time. The contract lost 0.5 […]

    Finance

    SBI Life Leads Globally At Million Dollar Round Table (MDRT) 2010

    Mumbai:  SBI Life Insurance, the leading private life insurer, has retained the unique distinction of being a Life Insurer from India, topping the prestigious Million Dollar Round Table (MDRT) 2010 across the globe. For the second consecutive year, SBI Life has reached the pinnacle of the international coveted league by increasing its MDRT members from […]

    Markets

    Sensex Could Cross 20k by year end predicts Sangeeth C Cheria

    According to certain fiscal pundits the steps jointly and separately mooted by the Government of India and the Reserve Bank (RBI) to contain inflation is well expected to show result by the second half of the financial year that ends in March 2011. In fact, a senior fiscal advisor has also aired the same view […]

    Banking

    Oriental Bank of Commerce formalizes tie up with SBI Mutual Fund

    Oriental Bank of Commerce, with its wide-spread network of 1533 branches and very strong base of One Crore Current and Savings customers, has formalized its tie-up with SBI Funds Management Pvt. Ltd. – Investment Managers for SBI Mutual Fund, one of the largest mutual funds in the country. The customers of Oriental Bank of Commerce […]

    Markets

    Sensex opens lower on weak global cues

    The Bombay Stock Exchange benchmark Sensex opened 73 points lower on profit booking by funds in line with weak global cues. The 30-share barometer fell by 73.32 points to 18.093.71 points in the first five minutes of trading. The wide-based National stock Exchange Nifty index declined by 5.80 points to 5,446.30 points. The selling pressure […]

    Markets

    SEBI asks brokers to return idle cash to investors

    Concerned over brokers misusing the funds lying in investors’ trading accounts, market watchdog SEBI has asked the brokerage entities to return the clients’ un-utilised cash at the end of every month or quarter. Although some brokers are resisting the move citing high costs associated with such frequent transfers of funds to and from the clients’ […]

    Business

    Make tribal stakeholder in development project: PM

    Allaying fears of tribals over loss of livelihood, Prime Minister Manmohan Singh said they should be compensated for land acquired from them and made stakeholders in the developmental projects coming up in their areas. “Apart from adequate compensation for land which is acquired from them, we should also ensure that our ‘Adivasi’ (tribal) brothers and […]

    Business

    Govt making every effort to control high inflation: PM

    Under attack for rising prices, Prime Minister Manmohan Singh on Sunday said the government was making every possible effort to control “high inflation” and insulate poor from its adverse impact. “I know that in the last few months high inflation has caused you difficulties. It is the poor who are the worst affected by rising […]

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