APN News

  • Thursday, January, 2020| Today's Market | Current Time: 03:02:23
  • RBI imposes Rs 35 lakh penalty on TMB

    The Reserve Bank has imposed a penalty of Rs 35 lakh on Tamilnad Mercantile Bank for violating norms on frauds classification and notification. The RBI said in a release that it imposed the fine via an order dated October 24, 2019. It stated that the bank has been penalised for non-compliance with certain provisions of […]

    India’s demand for Steel shall be a driver of its capacity expansion: Dharmendra Pradhan

    Steel Minister Dharmendra Pradhan has said that the demand for steel in the country has seen a substantial increase and is expected to increase further as India embarks to become a USD 5 trillion economy. Addressing the Ministerial Meeting of Global Forum on Steel Excess Capacity in Tokyo today, Mr Pradhan said, India’s demand for […]

    India jumps 14 places on World Bank’s Ease of Doing business ranking

    India has jumped 14 places to take the 63rd position on the World Bank’s ease of doing business ranking. The country was 77th among 190 countries in the previous ranking. In its Doing Business 2020 report, the World Bank commended the reform efforts undertaken by the country. India has improved its rank in 7 out […]

    Sovereign Gold Bond Scheme 2019-20 (Series-6) opened

    The Sovereign Gold Bond Scheme 2019-20 (Series-6) opened. It will continue till Friday. The issue price of the Bond during this subion period will be three thousand eight hundred and 35 rupees per gram, with the settlement date of 30th of this month. The Centre, in consultation with the Reserve Bank of India, has decided […]

    Govt relaxes norms for setting up petrol pumps

    The Government has relaxed norms for setting up petrol pumps allowing non-oil companies to venture into the business. The move  could help private and foreign firms to enter the fuel retailing sector. The Cabinet Committee on Economic Affairs yesterday approved the Review of Guidelines for Granting Authorization to market Transportation Fuels. Briefing reporters in New […]

    Don’t make these 10 retirement planning mistakes

    Retirement planning is one of the most crucial financial step of our lives. Therefore, the stakes involved in planning our retirement are high. When it comes to retirement, you should make the right decision to ensure that your golden years are filled with independence, joy, and freedom. The main aspect here is to ensure that […]

    4 reasons to buy a term insurance policy with your first salary

    You’re fresh out of college, and you might land up with a job immediately. You put your whole heart and soul to get your assigned tasks right to prove yourself at your first job. You might even work a few extra hours to ensure that everything goes right. Then don’t you think you deserve a […]

    How to determine your ideal term insurance cover?

    Today, the demand for term insurance has significantly increased. Due to the growing need, you’ll find advertisements, billboards, and hoardings about term insurance everywhere, which will make you curious about the product. Term insurance benefits work in favor of your families in your absence. Although a term plan offers a death benefit, have you ever […]

    6 old retirement planning rules you should discard

    Retirement planning is a crucial aspect of your life. While planning for retirement, many people like to follow the age-old thumb rules. These rules were spending less than you can earn, don’t borrow more than you can repay, and so forth. Previously, you would have stuck to these simple rules to stay safe. While these […]

    Rupee appreciates by 11p at 71.43 against USD

    The rupee today recovered from initial losses to settle 11 paise higher at 71 rupees and 43 paise against the dollar, tracking gains in domestic equity markets and softening crude oil prices. Traders said, foreign fund inflows also supported the local currency.