APN News

  • Monday, January, 2021| Today's Market | Current Time: 09:13:23

    • Banking

    RBI reference rates for US dollar and euro

    The Reserve Bank of India (RBI) tuesday fixed the reference rate for the US dollar at Rs 45.22 and the euro at Rs 61.55, as against Rs 45.14 per dollar and Rs 61.74 per euro Monday. In a press release issued by the RBI, the exchange rate of the pound and yen against the rupee […]

    Stock & Share

    Sensex, Nifty fall below crucial levels on hectic selling

    Frenzied profit-booking sparked by a weak trend in Asia saw the BSE benchmark Sensex fall below the crucial 20,000 points level on Tuesday, while the NSE’s broad-based Nifty index also sunk beneath the magic 6,000 marker as metal and IT stocks took a beating. While the Bombay Stock Exchange benchmark Sensex fell by 417.93 points […]

    Banking

    Canara HSBC Oriental Bank of Commerce Life Insurance Appoints Chirag Jain as Chief Operating Officer Image file

    New Delhi : Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited – a joint venture between two of India’s largest public sector banks, Canara Bank and Oriental Bank of Commerce, and HSBC Insurance (Asia Pacific) Holdings Limited, announced the appointment of Mr Chirag Jain as the Chief Operating Officer. He succeeds Mr K […]

    Business

    Cedar Management Consulting Expands Global Footprint, to Commence Japan Operations

    Mumbai : Cedar Management Consulting (Cedar), the global management consulting firm announced that it has strengthened its Asia pacific presence by commencing its operations in Japan under the leadership of Mr. Tomoyasu Ozeki. The strategic foray into the Japanese market is to augment Cedar’s business expansion strategy and is in line with its commitment to […]

    Currency

    Oil lower in Asian trade

    Oil fell in Asian trade on Tuesday, weighed down by a firmer dollar and concerns that China might tighten monetary policy to rein in inflationary pressures, analysts said. New York’s main contract, light sweet crude for December delivery, fell 50 cents to USD 84.36 a barrel. Brent North Sea crude for December delivery sank 14 […]

    Currency

    Rupee gains 14 paise to 45.10 against USD in early trade

    The Indian rupee gained 14 paise to Rs 45.10 against the US dollar in opening trade at the Interbank Foreign Exchange on Tuesday, recovering from a seven-week low on the back of gains made by other Asian currencies. The rupee appreciated by 14 paise to 45.10 against the American currency in opening trade at the […]

    Business

    Bloomberg Launches First Daily China Credit Derivatives Pricing

    China: Bloomberg Professional executives today announced the launch of the first daily reference prices for the Chinese Renminbi credit derivatives market. The new service is designed to reduce risk and increase transparency. The Bloomberg proprietary tool, developed in cooperation with major Chinese banks, provides accurate pricing for risk assessments on credit derivatives, which help with […]

    Business

    Alvarez & Marsal Expands in Asia with the Appointment of Thomas Jones and Oliver Stratton as Co-Heads of Asian Practice

    Alvarez & Marsal, a leading independent global professional services firm specializing in performance improvement, turnaround management and business advisory services, has named Thomas L. Jones, an Alvarez & Marsal managing director, and Oliver Stratton, former head of Bain & Company’s Hong Kong office, co-heads of the firm’s business in Asia. Mr. Jones and Mr. Stratton […]

    Business

    Zim’s Schedule Reliability Improves Dramatically

    Israel:The recent Q4 2010 “Schedule Reliability Insight” Survey, analyzing container carriers’ service performance levels, published by independent maritime advisor Drewry Shipping Consultants, indicates a significant upgrade in Zim’s schedule reliability. After advancing from the 15th place in Q2 to the 12th place in Q3, Zim is now ranked amongst the top-ten carriers worldwide in terms […]

    Stock & Share

    Sensex down 64 points in opening trade on profit-booking

    The Bombay Stock Exchange benchmark Sensex fell by almost 64 points in opening trade Tuesday amid profit-booking and a mixed trend in the Asian region. The 30-share barometer, which had gained 152.80 points in Monday’s volatile session, fell by 63.92 points, or 0.34 per cent, to 20,245.77 points at the start of trade, with realty, […]

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