APN News

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

    • Business

    Forex reserves down by 353 million to 541.66 billion

    After touching a life-time high last week, India’s foreign exchange reserves declined by 353 million dollars to 541.660 billion dollars in the week ended 11th September. Foreign currency assets, a major part of the overall reserves, decreased by 841 million dollars to 497.521 billion dollars. In the previous week, the reserves had increased by 582 […]

    Business

    Asian shares rise; Singapore’s Straits times fall marginally by 0.1 %

    Asian shares today rose except Singapore’s Straits times which fell marginally by 0.1 percent. Asian stocks logged gains following pledges by central bankers globally to do whatever it takes to support the economic recovery.  China’s Shanghai Composite index jumped more than two percent led by financial stocks. Hong Kong’s Hang Seng also climbed half a […]

    Business

    DPIIT extends date of implementation of Toys (Quality Control) Order, 2020 to 1st January 2021

    The Department for Promotion of Industry and Internal Trade today issued notification extending the date of implementation of Toys (Quality Control) Order, 2020 as 1st January 2021 in place of 1st September 2020.  This decision allows domestic manufacturers four months of extra time to make necessary arrangements for compliance of standards in view of difficulties […]

    Business

    IIM, Kozhikode based incubatee start-up launches wearable gadget for implementing social distancing norms

    In our series on Atmanirbhar Bharat today, we bring you a special story on a wearable gadget for implementing social distancing norms. Indian Institute of Management, Kozhikode based incubatee start-up has come up with a unique user friendly wearable device that alarms proximity for helping implement social distancing norms. Known as the Veli Band, this wearable device […]

    Business

    Govt bans export of all varieties of onions with immediate effect

    Union Government on Monday banned the export of all varieties of onions with immediate effect. The move is aimed at increasing availability and checking the price of the commodity in the domestic market. Directorate General of Foreign Trade said in a notification that the export of all varieties of onions is prohibited with immediate effect. The DGFT, […]

    Business

    13 states submit borrowing options proposed by GST Council to meet compensation shortfall

    At least 13 States have given their borrowing options proposed by the GST Council to meet their compensation shortfall so far. The 12 States which have preferred to opt for Borrowing Option 1 are Andhra Pradesh, Bihar, Gujarat, Haryana, Karnataka, Madhya Pradesh, Meghalaya, Sikkim, Tripura, Uttar Pradesh, Uttarakhand and Odisha. Only one state, Manipur has […]

    Business

    Country’s Forex reserves rise to reach a lifetime high by USD 582 million

    The country’s foreign exchange reserves rose by USD 582 million to reach a lifetime high of USD 542.013 billion in the week ended September 4.  In the reporting week, the foreign currency assets, a major component of the overall reserves, increased by USD 269 million to USD 498.362 billion. The gold reserves rose by USD […]

    Business

    Public Sector Banks’ doorstep banking services launched by FM Nirmala Sitharaman

    Finance Minister Nirmala Sitharaman today inaugurated Doorstep Banking Services by Public Sector Banks and participated in the awards ceremony to felicitate best performing banks on EASE Banking Reforms Index. As part of the EASE Reforms, Doorstep Banking Services is envisaged to provide convenience of banking services to the customers at their doorstep through the universal […]

    Finance

    Credit Scores: A Quick Guide

    A credit score is a three-digit number corresponding to every potential borrower in the market. Credit bureaus calculate the scores after referencing your credit history. It ranges from 300 to 900 – the number can vary for different bureaus. A credit score of 750 or above is considered good and can increase the chances of […]

    Business

    Santosh Kumar Gangwar chairs 227th Meeting of Central Board of Trustees of Employees’ Provident Fund

    Labour and Employment Minister Santosh Kumar Gangwar today chaired the  227th Meeting of the Central Board of Trustees of Employees’ Provident Fund.  In view of exceptional circumstances arising out of Covid-19, the Central Board has recommended the same interest rate at 8.50 per cent to the Central Government. It would comprise 8.15 per cent from […]

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