APN News

  • Monday, April, 2024| Today's Market | Current Time: 09:15:32
  • SIDBI partners with Fintech Platform KarmaLife for micro loans to Gig Workers

     Small Industries Development Bank of India (SIDBI) entered into an agreement with a fintech Onion Life Private Limited to use its technology platform KarmaLife for a pilot to provide small enterprise loans to gig workers and support their financial inclusion to formal institutional credit. With the gig economy rapidly growing in India, there is a […]

    RBI policy comment from HDFC Bank

    Given the recent global resilience in economic activity, there has been a tendency to keep monetary policy tight to take on the last mile challenge on inflation by global central banks. The RBI seems to be moving in lock step with that. Despite its emphasis that inflation is moderating, the RBI kept its policy rate […]

    Coal India Organises Workshop On Weighbridge Operations & Maintenance

    Coal India organized a workshop on “weighbridge operations & maintenance with vulnerability management” at its corporate office in Kolkata. Shri P.M. Prasad, Chairman, Coal India, Shri Vinay Ranjan, Director (P&IR), Dr. B. Veera Reddy, Director (Technical), Shri Mukesh Agrawal, Director (Finance), and Shri Brajesh Kumar Tripathy, Chief Vigilance Officer were present on the occasion. Prof. […]

    India International Jewellery Show IIJS Tritiya in Bangalore 5th to 8th April 202

     Bangalore : India’s apex trade body, The Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the 2nd edition of the India International Jewellery Show – IIJS Tritiya – in Bangalore (Karnataka) at the Bangalore International Exhibition Centre (BIEC) from 5th to 8th April 2024. India Gem & Jewellery Machinery Expo (IGJME) is running concurrently with […]

    Rodic Consultants Receives CIDC Vishwakarma Awards for the Best Professionally Managed Company

     New Delhi : Rodic Consultants, a leading engineering and digital infrastructure consulting company, is awarded the prestigious 15th CIDC Vishwakarma Award for the category of the best professionally managed company in the infrastructure domain. This recognition has come from the esteemed construction and engineering body CIDC and underlines the Rodic Consultants’ unwavering commitment to excellence […]

    Leading on the Blockchain Front, Metgain has made Significant Advances Furthering its Reach

    The innovative blockchain company has some exciting news and announcements this month. Metgain which is one of the most popular blockchain platforms has started introducing its METG token on the BEP20 blockchain, adding to its already present TRC20 blockchain. The move is highly likely to increase Metgain’s accessibility and the number of supported blockchains. Their […]

    RBI MPC Quote by Mr. Umesh Revankar, Executive Vice Chairman, Shriram Finance

    “The Monetary Policy Committee’s (MPC) decision to pause rate hikes was expected. It aligns with the regulator’s optimistic expectations for the future and reflects the Indian economy’s resilience in navigating the inflation trajectory. The RBI’s steadfast approach instils hope, showcasing a readiness to adapt to forthcoming economic challenges. Indian economic activity is on a robust […]

    Monetary Policy Quote by K Paul Thomas, MD and CEO, ESAF Small Finance Bank

    Though today’s policy decision by MPC throws no surprises, there are reasons for bank customers to cheer about.  One, by holding the rates steady, the equated monthly instalment (EMI) of the customers will remain unchanged for the next couple of months. On the other hand, with credit growth remains buoyant, lenders are likely to hike […]

    Monetary Policy quote by Mr. V. P. Nandakumar, MD & CEO at Manappuram Finance

    “By maintaining status quo, the RBI’s interest rate panel sends out a clear message that any cut in rates or change in stance is not on its table till headline inflation returns to the median target of 4%.  However, commentary on economic growth with GDP expansion pegged at 7% for the current fiscal is reassuring […]

    RBI MPC Quote by Mr. Ajay Kumar Srivastava, Managing Director and CEO, Indian Overseas Bank

    The RBI MPC’s decision to keep the repo rate unchanged at 6.5 per cent is a positive move even though retail inflation continues to be above its target of 4 per cent. With the Indian economy showing signs of strong growth momentum and stability, the GDP growth projections marked at 7 per cent for FY25 […]