APN News

  • Monday, January, 2019| Today's Market | Current Time: 02:51:31
  • MSP for Copra hiked by more than Rs.2000 per quintal

    The Cabinet Committee on Economic Affairs, CCEA has approved hike in Minimum Support Price for Copra by more than two thousand rupees per quintal for 2019 season. Briefing reporters in New Delhi, Union Minister Ravi Shankar Prasad said, the MSP of Copra has been increased to 9521 rupees per quintal from 7511 rupees per quintal […]

    PSBs approve loans worth over Rs 37,400 cr for MSME sector

    Public sector banks have approved more than 1.12 lakh loan applications of MSMEs worth of 37,412 crore rupees under the ’59 minutes’ loan scheme launched by the government last month. GST-registered Micro, Small and Medium Enterprises (MSMEs) can take loan up to one crore in just 59 minutes through ‘psbloansin59minutes.com’ portal. In a written reply […]

    MSP for Copra hiked by more than Rs.2000 per quintal

    The Cabinet Committee on Economic Affairs, CCEA has approved hike in Minimum Support Price for Copra by more than two thousand rupees per quintal for 2019 season. Briefing reporters in New Delhi, Union Minister Ravi Shankar Prasad said, the MSP of Copra has been increased to 9521 rupees per quintal from 7511 rupees per quintal […]

    Gold prices surge, silver rates jump

    Gold prices Friday rose by Rs 170 to Rs 32,620 per 10 gram at Delhi bullion market amid increased demand and firm trend overseas. In line with gold prices, silver also spurted 600 rupees to 39,250 rupees per kg on fresh buying by industrial units and coin makers. Bullion traders said the rise in demand […]

    Govt doubles export incentives for onion farmers to 10 per cent

    The government has doubled the export incentives for onion farmers from existing 5 per cent to 10 per cent. Agriculture Ministry in a release said, this will result in a better price for Onion in domestic markets. It said, at present, the Onion arrivals have increased in the market due to which the prices in […]

    Bimal Jalan to head panel on RBI reserve; Rakesh Mohan to be vice chairman

    Reserve Bank of India has named former Governor Bimal Jalan as the head of the expert panel that will decide on the appropriate size of reserves that the central bank should maintain and the dividend it should give to the government. RBI said in a statement yesterday that expert committee has been asked to study […]

    RBI launches survey to capture retail payment habits in 6 cities

    The Reserve Bank of India (RBI) will capture payment habits of individuals in six cities, including four metropolitan towns. For the purpose, the central bank has launched a ‘Survey on Retail Payment Habits of Individuals (SRPHi)’. According to RBI release, the survey will cover a sample of 6,000 individuals from various socio-economic backgrounds across six cities including […]

    Government reviews guidelines for FDI in E- commerce

    Government has reviewed guidelines for Foreign Direct Investment in E- commerce companies to protect the interests of domestic players. It has taken host of steps and barred e-commerce companies from selling products of the companies in which they have stake. In a statement, the Commerce and Industry Ministry said, it has also prohibited e-commerce companies […]

    Gold rallies on jewellers’ buying

    Gold rose Rs 100, to Rs 32,500 per ten grams at Delhi’s bullion market on Wednesday, on increased buying. Silver added 125 rupees to 38,125 rupees per kilo on fresh buying by industrial units and coin makers. Silver coins ended unchanged, at 74,000 rupees for buying 100 pieces.

    Investment through P-notes rises to Rs 79247 crore in November

    Investments in the Indian capital market through participatory notes climbed to Rs 79,247 crore in November after hitting a nine-and-a-half year low at the end of October. P-notes are issued by registered foreign portfolio investors to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need […]