APN News

  • Thursday, June, 2019| Today's Market | Current Time: 02:17:35

    • Business

    US warns, China will be hit badly if it fails to make trade deal with Washington

    Amidst reports that some 200 American firms are in talks of moving their units from China to India, US President Donald Trump today warned his Chinese counterpart Xi Jinping that China will be hurt very badly it does not make a trade deal. The American companies will be forced to leave China for other countries, […]

    Business

    India’s retail inflation picks up to 2.92% in April

    Retail inflation rose marginally to 2.92 per cent in April this year, mainly due to the rise in food prices. According to the Ministry of Statistics and Programme Implementation data released today, the inflation based on the Consumer Price Index (CPI) was 2.86 per cent in the previous month and 4.58 per cent in April […]

    Business

    US hikes tariff on imports from China

    US President Donald Trump ordered a tariff hike on almost all imports from China after the latest round of talks to end the trade war between the world’s two largest economies, ended yesterday without a deal. However, Beijing said the negotiations have not broken down and it is cautiously optimistic to reach an agreement. Trump’s […]

    Corporate News Finance

    NitstoneFinserv to Raise Rs 150 crores for Growth

    Bangalore : Bangalore-based Non-Banking Finance Company, NitstoneFinserv is all set to raise fresh funding of Rs. 150 crores from new investors. NitstoneFinserv is in discussions with investment bankers and VCs to raise Rs. 150 crores to finance the next phase of their growth. The NBFC which was launched in 2018 and has already notched up a […]

    Business

    15th Finance Commission hold meetings with Eminent Economists

    The 15th Finance Commission held a two-day meeting with eminent economists, top executives of leading banks at RBI headquarters in Mumbai. Addressing the media today Chairman of Finance Commission Mr N.K. Singh said that last two days meeting with top economists, Panel of experts from RBI and bankers, the Finance commission explored issues pertaining to […]

    Finance

    5 platform that could help the smooth financing of your short term loans

    Myloancare.in:  MyLoanCare.in is an online marketplace for providing financial services and products at best rates across demographics in India.  Powered by state-of-the-art custom-made technology, the digital platform connects borrowers with suitable lenders to ensure that they get the right loan product, matching their needs and credit profiles. Borrowers range from entry-level workers and small businesses to high-net-worth […]

    Business

    Oil prices slump after Trump’s tariff threat against China

    Oil prices today tumbled after U.S. President Donald Trump said he would sharply raise tariffs on Chinese goods this week, risking the derailment of trade talks between the world’s two biggest economies. Brent crude prices, in intraday trade, were trading around 70 dollars and 60 cents per barrel. WTI prices were at around 61 dollars […]

    Business

    ONGC gets green nod for Rs 240cr project in Assam

    State-owned Oil and Natural Gas Corporation (ONGC) has received the green nod to drill six development wells in Assam at an estimated cost of Rs 240 crore. The Union Environment Ministry has given the environment clearance for six development wells in five mining lease blocks in Jorhat and Golghat districts, according to an official document. […]

    Finance

    Foreign exchange reserves rise by 4.3 Billion

    The country’s foreign exchange reserves soared by USD 4.368 billion to USD 418.515 billion in the week to April 26. The   RBI data showed on Friday thst foreign currency assets rose by USD 4.387 billion to USD 390.421 billion. According to the data Gold reserves remained unchanged at USD 23.303 billion. The special drawing rights […]

    Finance

    RBI imposes fines on PPIs for violating norms

    The Reserve Bank of India on Friday said that it has imposed penalties on five prepaid payment instrument (PPI) issuers, including Vodafone m-pesa and PhonePe, for violation of regulatory norms. Also, penalties have been imposed on Western Union Financial Services Inc and MoneyGram Payment Systems Inc, both US firms, for non-compliance of guidelines. The central […]

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