APN News

  • Thursday, March, 2019| Today's Market | Current Time: 03:07:01

    • Business

    Govt hikes minimum selling price of sugar by Rs 2 per kg

    The government on Thursday hiked the minimum selling price of sugar by Rs 2 per kg to Rs 31. Briefing reporters in New Delhi, Consumer Affairs Minister Ram Vilas Paswan said, considering the rising arrears of sugarcane growers, the food department has increased the MSP of sugar from Rs 29 per kilogram to Rs 31 […]

    Business

    WPI inflation falls to 10-month low of 2.76% in January

    Inflation based on wholesale prices fell to a 10-month low of 2.76 per cent in January over the previous month on softening prices of fuel and some food items. According to government data released today, the Wholesale Price Index (WPI)-based inflation stood at 3.8 per cent in December 2018 and 3.02 per cent in January […]

    Business

    RBI penalises banks for violating various norms

    Reserve Bank has imposed monetary penalty of two million rupees each on HDFC Bank, IDBI Bank and Kotak Mahindra Bank for non-compliance of various Know Your Customer/ Anti-Money Laundering norms. In a statement issued from Mumbai yesterday, RBI informed that it has imposed monetary penalty of 1.5 Crore rupees each on Allahabad Bank, Bank of […]

    Business

    Retail inflation declines to 2.05 per cent in January

    Retail inflation declined marginally to 2.05 per cent in January over the previous month on the continued decline in food prices, including vegetables and eggs. According to the data released by the Ministry of Statistics and Programme Implementation retail inflation based on the Consumer Price Index (CPI) for December 2018 has also been revised downward […]

    Business

    Industrial growth remains subdued at 2.4 per cent in December

    Industrial output growth remained subdued at 2.4 per cent in December 2018 on account of contraction in the mining segment and poor show by the manufacturing sector. According to the data released by the Central Statistics Office, CSO, Factory output as measured in terms of the Index of Industrial Production had grown by 7.3 per […]

    Finance

    3 Best Investment Options You Should Consider in Upcoming Financial Year

    Making the right investments is bound to reap dividends in the future and will ensure your financial prosperity despite inflation. Investments are an excellent option to safeguard your purchasing power. Choosing the right investment avenues is bound to provide both short-term and long-term benefits. Having said that, there are both safe and lucrative options available […]

    Finance

    How to Invest Your Money Wisely to save Maximum on Income Tax

    Tax season is around the corner and most taxpayers would be contemplating the best tax saving options for the subsequent financial year. Who wouldn’t prefer an option that would not only let them save on tax, but also provide tax-free income? It’s essential to consider important aspects like returns, safety, liquidity and the amount of […]

    Business

    Sovereign Gold Bond Scheme 2018-19 (Series 6) to be opened from Monday

    The Sovereign Gold Bond Scheme 2018-19 (Series 6) will be opened from Monday. It will continue till Friday. The issue price of the Bond during this subion period will be three thousand three hundred twenty-six rupees per gram with the settlement date of 1st of February. Finance Ministry in a release said, the Centre in […]

    Business

    Individuals with Rs 5 lakh income exempted from income tax

    The Finance Minister announced relief for the common man in the middle income group. Although, there will be no change in the existing rates or slabs of Income Tax for the financial year 2019-20, Mr Goyal proposed that individuals having an income of upto five lakh rupees will have not have to pay any tax. […]

    Business Economy

    Union Budget: Traders Feel Deserted, Says CAIT

    New Delhi: While interim Finance Minister Piyush Goyal was presenting the interim budget of the outgoing NDA government Prime Minister Narendra Modi was seen cheering the treasury bench with the hope, people at large would appreciate the “ pro-poor policies and schemes” announced by his government. Though the budget at the outset gives the impression […]

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