APN News

  • Wednesday, November, 2019| Today's Market | Current Time: 12:13:57
  • Corporate must seek tough govt purchase order norms: Com Min

    Peeved that corporates in India have to face tough norms in global government purchase orders totalling an estimated USD 3 trillion, the Commerce Ministry has suggested that the industry too should root for similar norms back home. “I (India) have given my market to everbody in the globe, …(but) I do not get access in […]

    Indian, Chinese middle class new engine of global growth: ADB

    Asia’s middle class population, led by China and India, will replace the role of the US and Europe as engines of growth for the world economy, said the Asian Development Bank (ADB) in New Delhi Asian consumers are likely to spend USD 32 trillion by 2030, accounting for 43 per cent of global total consumption, […]

    Offshore your business requirements

    If outsourcing your business needs to one who is not on your shore or one who is beyond your shore. Offshore outsourcing is a concept in which the buyer of the service is located in some other country then the provider of the service. In the Recent trends, companies are interested to go with offshore […]

    Everbright Bank Makes Shanghai Debut

    China’s stocks opened slightly higher Wednesday with the benchmark Shanghai Composite Index up 0.1 percent to open at 2,674.5 points. The Shenzhen Component Index rose 0.2 percent to open at 11,304.12 points. China Everbright Bank made its debut on the Shanghai bourse Wednesday, with its share price opened at 3.37 yuan (about 0.49 U.S. dollars), […]

    Rupee marginally down by 2 paise against dollar in early trade

    The rupee on Wednesday depreciated by 2 paise against the dollar in early trade as the US currency strengthened against major world currencies. At the Interbank Foreign Exchange market, the domestic unit was quoted 2 paise lower at 46.66 a dollar The rupee had settled 16 paise higher at 46.64/65 a dollar on Tuesday. Dealers […]

    World Bank to provide USD 900 million to flood-hit Pak

    The World Bank has agreed to provide USD 900 million financial aid to Pakistan which has been hit by devastating floods affecting 14 million people and leading to crop loss estimated at USD 1 billion. “The Government of Pakistan has requested around USD 900 million of financial support from the World Bank, which we have […]

    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 […]