APN News

  • Saturday, September, 2020| Today's Market | Current Time: 09:05:44
  • Indian Bank announces cut of 5 basis points in MCLR for one-year tenure

    State-owned lender Indian Bank has announced a cut of 5 basis points in its marginal cost of funds based lending rate (MCLR) for one-year tenure. The bank has decided to reduce the MCLR for one-year tenure by 5 basis points to 7.30 per cent effective from September 3, 2020, Indian Bank said in a regulatory […]

    Gross GST revenue collection in August stands at Rs 86,449 crore

    The gross GST revenue collected in August is Rs 86,449 crore. Out of this, CGST is Rs 15,906 crore, SGST is Rs 21,064 crore, and IGST is Rs 42,264 crore. The government has settled Rs 18,216 crores to CGST and Rs 14,650 crores to SGST from IGST as regular settlement. The total revenue earned by […]

    Bitcoin Price Predictions for 2021

    Since its inception in 2009, Bitcoin has had a volatile trading history. The most popular digital currency has seen some major rallies and crashes in its fairly short journey. There have been a lot of price predictions for Bitcoins by the industry experts. Where several predictions turned out to be false and went to oblivion, […]

    Indian Railways freight loading for August surpasses last year’s loading of same month

    Indian Railways freight loading for the month of August this year surpassed last year’s loading of the same month. Railways Ministry said, in August, the loading was over 94 million tonnes which is 3.31 million tonnes higher compared to last year.  The Ministry said, a number of concessions are also being given to make Railways […]

    DGFT comes out with procedure to seek licence for export of N95 masks

    Directorate General of Foreign Trade- DGFT has laid out a procedure to seek  licence for export of N95 masks. As per the notice, online applications filed by exporters only from 7th to 9th of this month will be considered for getting licence or permission for shipments of N95 masks. This is a part of the […]

    RBI announces steps to ease pressure on liquidity and to maintain congenial financial conditions for sustainable recovery of economic growth

    The Reserve Bank of India (RBI) today announced a host of steps, including term repo operations totaling Rs. 1 lakh crore in mid-September to ease pressure on the liquidity and maintain congenial financial conditions with a view to ensuring sustainable recovery of economic growth. In a statement, the central bank said the RBI stands ready […]

    India emerges as key player in global organic marketing

    In our series on Atmanirbhar Bharat today, we bring you a special story on Organic farming. India has emerged as a key player in global organic marketing. Agriculture Ministry has said that India ranks first in number of organic farmers and ninth in terms of area under organic farming. Sikkim became the first state to […]

    Increase your Personal Loan Eligibility Amid the Pandemic

    The effects of this pandemic have trickled down to the common man and his finances. With companies cutting down on costs, little or no hiring being done and some employees being given pink slips, uncertainty prevails. Take for instance India, where close to 82% salaried individuals are struggling to meet their day to day needs […]

    FM Nirmala Sitharaman to review with top management of Scheduled Commercial Banks and NBFCs on Sep 3

    Finance and Corporate Affairs minister Nirmala Sitharaman will review with the top management of Scheduled Commercial Banks and NBFCs, the implementation of the resolution framework for COVID-19 related stress in bank loans. She will take stock of the situation with top officials on 3rd September.  The review will focus on enabling businesses and households to avail […]

    Finance Ministry asks banks to refund charges collected after 1st Jan’20 on electronic transactions

    The Finance Ministry has asked banks to immediately refund the charges collected after 1st of January this year on transactions carried out using the electronic mode prescribed under the IT act. The Ministry also advised banks not to impose charges on any future transaction carried out through the electronic mode.  It said, Central Board of Direct […]