APN News

  • Monday, January, 2019| Today's Market | Current Time: 03:57:54
  • How to Determine Your Business Working Capital Needs?

    Business owners (especially small-business owners) face many challenges on a day-to-day basis. And one of the biggest challenges they come across is the problem of cash flows. Businesses depend on selling products and being paid. But in the real world, things may not go according to the plan. Customers may delay payments; suppliers may shorten […]

    PSU banks do not have any plan to shut down ATMs: Govt

    Minister of State for Finance Shiv Pratap Shukla has clarified that Public Sector Banks (PSBs) do not have any plans to shut down their ATMs. His statement assumes significance amidst a report by the Confederation of ATM industry warning that nearly half of the 2.38 lakh machines run the risk of closing down by March […]

    India will remain world’s fastest growing economy with 7 to 8% growth rate: FM

    Finance Minister Arun Jaitley has said India will clock a growth rate of 7 to 8 per cent despite global uncertainties and will retain the tag of the world’s fastest growing major economy. He said the economy is now fairly large to display a certain degree of resilience. Speaking at the inauguration of the FICCI […]

    Founder of Adarsh Group of Companies, two others remanded to SFIO custody till Dec18

    District and Sessions Judge, Gurugram today remanded Adarsh Group of Companies founder Mukesh Modi and two others to SFIO custody till 18th of this month. Serious Fraud Investigation Office, SFIO had arrested Mukesh Modi, Rahul Modi and Vivek Harivyasi of the Adarsh Group of companies on 10th of this month for allegedly siphoning off over […]

    New RBI Governor holds central board meeting

    A meeting of the Central Board of Reserve Bank of India was held in Mumbai today. The meeting was chaired by the newly appointed governor, Mr Shaktikanta Das. While no decisions were made as such, the board today discussed issues like RBI’s governance framework and decided that the issue needed further examination. The board also […]

    New RBI Governor to steer first central board meet on Dec 14

    The central board of the Reserve Bank of India (RBI) under new Governor Shaktikanta Das will meet on Friday which will review the progress with respect of some of the decisions taken in the last meet on November 19. Among other issues, present scenario in Micro, Small & Medium Enterprises (MSMEs) sector may be discussed. […]

    PNB fraud case: Interpol issues Red Corner Notice against Mehul Choksi

    The Interpol has issued a Red Corner Notice (RCN) against absconding billionaire Mehul Choksi, who is accused of cheating state-run Punjab National Bank to the tune of over 13,000 crore rupees. CBI spokesperson Abhishek Dayal has said, the Interpol has issued Notice against Choksi on the request of the CBI. The Indian Agency had given […]

    7 Reasons Why You Should Invest in Low-Cost ULIPs

    Unit Linked Insurance Plans (ULIPs) have become an increasingly popular option amongst the new age investors. Revamped tax norms announced in the Union Budget 2018 has added to the attractiveness of ULIPs. Now investment in equities directly or through mutual funds will attract Long-Term Capital Gains (LTCG)tax at 10% on profits in excess of INR […]

    Become a Smart Investor! Know How to Manage Your ULIP

    Unit-linked Insurance Plans (ULIPs) offer life coverage as well as investment benefits. A portion of the premium is used to provide insurance coverage. The balance is invested in debt, equity, or money market instruments. The returns on ULIPs are not fixed and are related to the performance of the underlying assets. There are certain inherent […]

    Retail inflation hits 17-month low at 2.33% in November

    Retail inflation eased to a 17-month low in November this year at 2.33 per cent, mainly due to decline in prices of kitchen essentials like vegetables. According to the provisional data of Ministry of Statistics and Program Implementation released yesterday, for November, the retail inflation was at the lowest level recorded since June last year, […]