APN News

  • Thursday, October, 2020| Today's Market | Current Time: 02:07:53

    • Business

    Income Tax Dept launches Faceless Income tax Appeals to streamline collection process & check corruption

    The Income Tax Department has launched Faceless Income tax Appeals. In a statement, the Central Board of Direct Taxes (CBDT) said, under it, all income tax appeals will be finalised in a faceless manner with the exception of appeals relating to serious frauds, major tax evasion, sensitive and search matters, International tax and Black Money […]

    Business

    Oil Price: Ahmed Maiteeq is in Turkey on a working visit after the signing of an agreement that unblocked Libyan oil

    London, UK:Oil Price, a British Company, has released a research report about the situation with oil in Libya. Ahmed Maiteeq, Vice Chairman of the Presidential Council of Libya, arrived in the capital of Turkey to take part in a series of working meetings. Last week he announced the creation of a Joint Commission to control […]

    Business

    Central govt suspends operation of Insolvency and Bankruptcy Code by another 3 months to protect companies in distress due to Covid-19

    The Central government has suspended the operation of the Insolvency and Bankruptcy Code, 2016 (IBC) by another three months in order to protect companies in distress due to the Covid pandemic.  A gazette notification issued in this respect said that the suspension of the section 7, 9 and 10 of the IBC Code initially for […]

    Business

    RBI suggests five-pillared approach to deal with cybersecurity issues in UCBs

    The Reserve Bank today came out with a five-pillared strategic approach ‘GUARD’ to deal with cyber security threats being faced by Urban Cooperative Banks (UCBs).  The RBI said in its document ‘Technology Vision for Cyber Security for Urban Cooperative Banks 2020-2023’ that the number, frequency and impact of cyber incidents and attacks have increased manifold […]

    Business

    Piyush Goyal calls upon G-20 to play leadership role in crafting pathway to recover from COVID-19

    Commerce and Industry Minister Piyush Goyal on tuesday took part in the virtual meeting of the G-20 Trade and Investment Ministers. Making interventions during the meeting, he called upon G-20 to play a leadership role in crafting a pathway to recover from COVID-19. He said, one of the key lessons for all countries is the need to strike […]

    Business

    Wall Street tumbles to seven-week low amid fresh coronavirus-driven lockdowns

    Wall Street’s main indexes tumbled to their lowest in nearly seven weeks on Monday. US stocks fell as worries about fresh coronavirus-driven lockdowns spilled over from Europe. The Dow Jones Industrial Average plunged 1.8 percent and the S&P 500 declined 1.2 percent while the Nasdaq Composite index fell marginally by 0.1 percent.

    Business

    Gold, Silver prices slide in Delhi

    Gold prices tumbled Rs. 672 to Rs. 51,328 per 10 gram in the national capital on a weak global trend. Silver also witnessed massive selloff with prices tanking Rs. 5,781 to Rs. 61,606 per kilogram.

    Business

    Asia shares weaker on worries over fresh pandemic lockdowns in Europe

    Asian shares were broadly weaker today as possible delays in expanded U.S. stimulus and concerns about fresh pandemic lockdowns in Europe dented the recent positive sentiment towards global equity markets. South Korea’s KOSPI tumbled the most as it fell 2.4 percent. China’s Shanghai Composite index declined 1.3 percent and Hong Kong’s Hang Seng also lost […]

    Business

    Direct cargo ferry service between India & Maldives jointly e- launched

    Shipping Minister Mansukh Mandaviya and Minister of Transport and Civil Aviation of Maldives, Ms Aishath Nahula today jointly e- launched a direct cargo ferry service between India and Maldives.  During its maiden voyage, a vessel with a capacity of 200 TEU and 3000 MT of break bulk cargo will sail from Tuticorin to Kochi today, […]

    Business

    India Inc’s business sentiment recovers in July-September: CII survey

    India Inc’s business sentiment has improved during July-September quarter as the government gradually unlocked the economy and business activity resumed, according to the CII’s business outlook survey.   In a statement, the industry chamber said, the latest CII Business Confidence Index has surged to the level of 50.3 in July-September 2020, bouncing back from its lowest […]

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