APN News

  • Monday, January, 2019| Today's Market | Current Time: 04:09:06
  • Saudi Arabia to cut its oil exports in Jan by 10%

    OPEC kingpin Saudi Arabia will slash its oil exports in January by 10 percent compared to November, the Kingdom said today as producers move to shore up tumbling prices. Saudi energy minister Khalid al-Falih said the kingdom, the world’s top crude supplier, would cut its exports to 7.2 million barrels per day (bpd) in January, […]

    Indian economy expects to grow at 7.2% in 2018-19

    Indian economy is expected to grow at 7.2 per cent in 2018-19 against 6.7 per cent in the previous fiscal mainly due to improvement in the performance of agriculture and manufacturing sectors. Releasing the first advance estimates of National Income for 2018-19, Central Statistics Office (CSO) said, the growth in GDP during 2018-19 is estimated […]

    Government says no decision regarding Rs 2,000 note production recently

    Government today clarified that there has been no decision recently regarding the production of the 2000 rupees notes. In a tweet, Economic Affairs Secretary Subhash Chandra Garg said the printing of notes is planned as per the projected requirement. He said the country has more than adequate such notes in the system with over 35 […]

    Sale of seventh tranche of electoral bonds begins

    The seventh tranche of electoral bonds sale began today. It will continue till 10th of this month. The State Bank of India, SBI has been authorised to issue and encash Electoral Bonds through its 29 Authorised Branches. Electoral bonds are being pitched as an alternative to cash donations made to political parties as part of […]

    MSMEs Ministry established export promotion cell to create sustainable ecosystem

    The Micro, Small and Medium Enterprises (MSMEs) Ministry has established an export promotion cell to create a sustainable ecosystem for MSMEs. This was stated by the Minister of State (Independent Charge) for MSME Giriraj Singh  in a written reply in Lok Sabha yesterday. This cell is expected to help in integration of MSMEs into global […]

    Domestic LPG prices cut by 5.91 rupees per cylinder

    The prices of domestic LPG gas were cut by 5.91 rupees per cylinder yesterday. It is  the second straight reduction in a month’s time due to tax impact on reduced market rate of the fuel. Now a 14.2-kg subsidised LPG cylinder will cost  494.99 rupees in the national capital from midnight last night as against  […]

    Govt infuses about Rs 11,000 capital in four public sector banks to enhance lending capacity

    The government has infused 10,882 crore rupees in four public sector banks, including UCO Bank and Syndicate Bank. It is a part of  28,615 crore rupees capital infusion to be done in about half a dozen public sector lenders. UCO Bank has received 3,074 crore rupees in the equity by way of preferential allotment yesterday. […]

    23 goods and services become cheaper from today

    23 goods and services, including movie tickets, TV and monitor screens and power banks become cheaper from today as the reduced  Goods and Services Tax (GST) on them came in to effect from today. The GST Council on December 22 had decided to cut tax rates on 23 goods and services and exempted Music books, […]

    India will witness strong economic growth in 2019: CII

    Confederation of Indian Industry (CII) has said that India will witness strong economic growth in 2019, despite external vulnerabilities arising from rising oil prices, the US-China trade war and America’s monetary tightening. In its growth outlook for 2019, the industry body said, its optimism is buttressed by strong drivers emanating from services and infrastructure sectors […]

    Lebanon’s FM warns of financial crisis as political deadlock continues

    Lebanon’s Finance Minister today said that the heavily indebted country is approaching a financial crisis, as political deadlock continues. Nearly eight months since parliamentary elections, Prime Minister-designate Saad al-Hariri has been unable to form a new government that can deliver fiscal reform. With the world’s third-highest ratio of debt to GDP, Lebanon has endured years […]