APN News

  • Monday, June, 2019| Today's Market | Current Time: 08:09:54
  • China’s FDI up Nearly 30 Pct in July

     The amount of foreign direct investment (FDI) China received in July rose by 29.2 percent year on year to 6.924billion U.S. dollars, said Yao Jian, spokesman of the Ministry of Commerce (MOC), Tuesday. The figure brought the country’s FDI inflow to 58.35 billion U.S. dollars in the first seven months of the year, an increase […]

    U.S. Stocks Halt Losing Streak

    The U.S. stocks closed slightly up after fluctuating throughout the session on Monday, as a slowing Japanese economic growth and weak U.S. economic data weighed on the market. Stocks opened lower after Japan reported that its economy grew at only 0.1 percent in the second quarter this year, much lower than the 1.2-percent growth in […]

    Rupee gains 12 paise against dollar in early trade

    The rupee on Tuesday appreciated by 12 paise to Rs 46.68 a dollar in early trade, supported by fresh capital inflows by foreign funds. The rupee had closed at a three-week low of 46.80/81 against the US dollar on Monday. Dealers said fresh capital inflow into equities by foreign funds provided support to the rupee. […]

    Exports up 13 pc, imports jump by 34 pc in July

    India’s exports rose in July, for the ninth month in a row, by 13.2 percent to USD 16.24 billion, Commerce Secretary Rahul Khullar said on Tuesday. Imports too rose by 34.3 per cent to USD 29.17 billion, taking the trade gap for the month to USD 12.93 billion, he added. Overseas shipments in April-July this […]

    Commodity Commentary: By Sangeeth C Cherian

    Rubber Advances on Speculation China May Boost Purchases, Crude Oil Gains Rubber advanced, tracking gains in crude oil, on expectations that China, the world’s biggest buyer, will sustain purchases. January-delivery rubber in Tokyo added 1.2 percent to 283.30 yen a kilogram on the Tokyo Commodity Exchange at 11:46 a.m. local time. The contract lost 0.5 […]

    SBI Life Leads Globally At Million Dollar Round Table (MDRT) 2010

    Mumbai:  SBI Life Insurance, the leading private life insurer, has retained the unique distinction of being a Life Insurer from India, topping the prestigious Million Dollar Round Table (MDRT) 2010 across the globe. For the second consecutive year, SBI Life has reached the pinnacle of the international coveted league by increasing its MDRT members from […]

    Sensex Could Cross 20k by year end predicts Sangeeth C Cheria

    According to certain fiscal pundits the steps jointly and separately mooted by the Government of India and the Reserve Bank (RBI) to contain inflation is well expected to show result by the second half of the financial year that ends in March 2011. In fact, a senior fiscal advisor has also aired the same view […]

    Oriental Bank of Commerce formalizes tie up with SBI Mutual Fund

    Oriental Bank of Commerce, with its wide-spread network of 1533 branches and very strong base of One Crore Current and Savings customers, has formalized its tie-up with SBI Funds Management Pvt. Ltd. – Investment Managers for SBI Mutual Fund, one of the largest mutual funds in the country. The customers of Oriental Bank of Commerce […]

    Sensex opens lower on weak global cues

    The Bombay Stock Exchange benchmark Sensex opened 73 points lower on profit booking by funds in line with weak global cues. The 30-share barometer fell by 73.32 points to 18.093.71 points in the first five minutes of trading. The wide-based National stock Exchange Nifty index declined by 5.80 points to 5,446.30 points. The selling pressure […]

    SEBI asks brokers to return idle cash to investors

    Concerned over brokers misusing the funds lying in investors’ trading accounts, market watchdog SEBI has asked the brokerage entities to return the clients’ un-utilised cash at the end of every month or quarter. Although some brokers are resisting the move citing high costs associated with such frequent transfers of funds to and from the clients’ […]