APN News

  • Thursday, January, 2020| Today's Market | Current Time: 03:02:23
  • Oil prices surge after reports of US killing top Iranian General

    Oil prices today soared more than two per cent following news that the US had killed a top Iranian General, fanning fresh fears of a conflict in the crude-rich region. The head of Iran’s Quds Force, Qasem Soleimani, was hit in an attack on Baghdad’s international airport early today, according to Hased, a powerful Iraqi […]

    Bajaj Auto slips after weak December sales

    Bajaj Auto, today, reported a 3 percent, year-on-year, decline in total sales at 3.36 lakh units in December 2019. Total domestic sales slipped 15 percent, at 1.53 lakh units in the same month last year. Domestic Motorcycle sales plummeted 21 percent, to 1.24 lakh units last month. But exports rose 13 percent, to 1.60 lakh […]

    Gold imports dip 7% in April-November to 20.6 billion

    India’s gold imports fell about 7 percent, to 20.6 billion dollars during April to November period of the ongoing financial year, according to the commerce ministry data. Imports of the yellow metal stood at 22.2 billion dollars in the same period of the previous fiscal. The decline in gold imports has helped in narrowing the […]

    GST revenue crosses 1 Lakh crore rupees in December 2019

    The GST revenue collection has crossed one lakh crore rupees in December last year, which is a growth of 16 per cent over the revenue collected in the same month in 2018. The total GST collected during last month was one lakh three thousand and 184 crore rupees. Finance Ministry said, a total of over […]

    ADB’s 490 million dollars loan to upgrade Indian state’s roads

    Asian Development Bank, ADB and Government of India today signed a 490 million dollars loan for public-private partnership, PPP project to upgrade about one thousand six hundred kilometres of state highways and major district roads from single-lane to two-lane widths in Madhya Pradesh. An additional 286 million dollars investment will be mobilised through private sector […]

    Govt contracts import of additional 12,500 metric tons of onions

    Government has contracted an additional 12,500 metric tons of onions from Turkeyas. The latest contract of onions will begin arriving in India from Mid-January onwards. The MMTC has taken this decision following the direction of  Price Stabilisation Fund Management Committee of the Department of Consumer Affairs. With this additional 12,500 metric tonnes, total contracted onions […]

    FM chairs GST Council meeting to review taxation structure for enhancing revenue collections

    The GST Council will meet in New Delhi this afternoon. It is likely to review the taxation structure for enhancing revenue collections. Finance Minister Nirmala Sitharaman will chair the meeting. Centre released GST compensation of 35 thousand 298 crore rupees to States and Union Territories ahead of the meeting. The Finance Minister said each State […]

    What are ELSS funds? Here are 4 benefits of investing in ELSS via SIPs?

    Regardless of one’s earnings, it is vital to save and make investments to meet various short-term and long-term financial needs. Mutual fund plans such as Equity Linked Savings Scheme or ELSS aim to help you enjoy the benefit of tax savings and earn high returns. In this article, we understand the role ELSS mutual funds […]

    Mobile Number Portability going to be fast, simple from Dec 16

    The Mobile Number Portability (MNP) process is going to be fast and simple from December 16. Telecom regulator TRAI issued a public notice in this regard, yesterday. Under the new rules, it would take only 3 days to port from one network to another in the same circle while Porting for another circle will be […]

    Govt working on more steps including rationalisation of income tax rates to revive economy

    Finance Minister Nirmala Sitharaman has said that the government is working on more steps including rationalisation of income tax rates to revive the economy. Addressing a function in New Delhi, the Minister said, the intent of the government is to further simplify taxation systems, including removal of exemption. Ms Sitharaman said, the government has taken […]