APN News

  • Wednesday, April, 2020| Today's Market | Current Time: 11:03:34
  • Why taxation constitutes an important part of retirement planning

    Tax payment can be an inevitable part of your financial planning. While many of you might pay the taxes regularly after you start earning, the rest of you might overlook the importance of tax payment after retiring. Ignoring the tax planning procedure after retiring can be one of your most common mistakes while planning for […]

    Oil prices surge more than 6% in Asian trade day after crash, following heavy losses

    Oil prices surged more than six percent in Asian trade today following heavy losses a day earlier after top exporter Saudi Arabia began a price war with Russia. West Texas Intermediate was trading up 6.1 percent at more than 33 US dollar a barrel while Brent crude advanced 6.6 percent to over 36 US dollar […]

    India’s economic growth rate is absolutely strong: Union Minister Anurag Singh Thakur

    Union Minister of State for Finance, Anurag Singh Thakur has said that India’s economic growth rate is absolutely strong. Addressing an interaction program organized under the joint aegis of CBIC, CBDT and Confederation of Indian Industry (CII) at Raipur on 09th March, Mr Thakur assured that the problems of traders and industrialists will be overcome. […]

    RBI assures safety of bank deposits in wake of Yes Bank crisis

    The Reserve Bank of India (RBI) has assured depositors that there is no concern regarding the safety of their deposits in any bank. The Reserve Bank of India said in a tweet yesterday that as Yes bank’s financial matter came up, a concern raised in certain sections of media about the safety of deposits of […]

    Asian markets plunge amid coronavirus fears & fall in oil prices

    Equity markets collapsed today as the rapidly spreading coronavirus fans fears over the global economy, while a crash in oil prices added to the panic with energy firms taking a hammering and wiping hundreds of billions off valuations. While governments and central banks have unleashed or prepared to roll out stimulus measures, the spread of […]

    Gulf stocks nosedive after oil prices crash

    Stock markets in the energy-rich Gulf states nosedived at the start of trading today after oil prices crashed amid a price war in the global market. Kuwait’s Premier index tumbled 9.5 per cent and trading was suspended, while Dubai Financial Market dropped 9.0 per cent and Abu Dhabi Securities Exchange shedded 7.1 per cent. Oil […]

    UN economists forecast drop of up to 15 % in FDI worldwide due to Novel Corona virus outbreak

    The rapid spread of the deadly Novel Corona virus is expected to take a serious toll on foreign direct investments worldwide, with UN economists forecasting a drop of up to 15 percent. A fresh report from the United Nations Conference on Trade, Investment and Development (UNCTAD) warned that regardless of how quickly the COVID-19 outbreak […]

    Cabinet gives nod to Companies Second Amendment Bill to enable Indian firms to list on foreign exchanges

    The Union Cabinet has approved the Companies (Second Amendment) Bill, 2019 to amend the Companies Act, 2013. This will  enable the listing of Indian companies on stock exchanges in foreign jurisdictions. The listing of Indian companies in foreign stock exchanges is expected to increase the competitiveness of Indian companies in terms of access to capital, […]

    NABARD infuses Rs 1.46 lakh cr in rural banking system during current fiscal

    National Bank for Agriculture and Rural Development (NABARD) has infused 1.46 lakh crore rupees in the rural banking system during the current fiscal. In a statement, NABARD has said that 66,397 crore rupees have been given in short-term credit and 6,704 crore rupees in long-term credit to rural cooperative banks. Regional rural banks have availed […]

    Things You Didn’t Know What Life Insurance Could Do

    If you are considering getting life insurance to protect your family, there are many features that you might not be aware of. Before purchasing any product, you need to know all the terms and conditions that apply to it. So, let’s look at six things that you don’t know about life insurance before you go […]