APN News

  • Monday, February, 2024| Today's Market | Current Time: 06:15:04
  • Obama warns Wall Street over fiscal crisis

    President Barack Obama has sent Wall Street a blunt warning that it should be very worried about a political crisis that has shut down the government and could trigger a US debt default. Obama said he was “exasperated” by the budget impasse in Congress, in an interview with CNBC apparently designed to pressure Republicans by […]

    PSU banks to get more funds to lend to auto, consumer durables

    Ahead of the festival season, the government on Thursday decided to enhance capital infusion into the PSU banks over and above what was provided in the budget to enable them to extend more credit to auto and consumer durables sectors to stimulate demand and combat slowdown. The decision to increase the quantum of capital infusion […]

    Sensex soars 385 pts to over 1-wk high

    The BSE benchmark Sensex on Thursday vaulted 385 points to end at a over one-week high of 19,902.07 helped by rise in metal, banking and capital goods shares on firming hopes that the partial US government shutdown will force the Fed to avoid tapering its stimulus programme soon. Domestic stock markets were also supported by […]

    Kotak Mahindra Bank’s mobile banking app among world’s best in 2013 Mobile Excellence Awards

    Mumbai : Kotak Mahindra Bank’s (KMB) mobile banking app has been recognised among top 5 apps worldwide in the User Experience category of 2013 Mobile Excellence Awards. Mobile Excellence Awards acknowledges and rewards outstanding contributions within the mobile ecosystem globally, and is a prestigious endorsement of accomplishments. Ms. Shalini Mehta, Executive Vice President, Kotak Mahindra […]

    Rupee gains 31 paise against dollar

    The rupee rose by 31 paise to 62.15 in early trade on Thursday at the Interbank Foreign Exchange as the dollar weakened against other major overseas currencies. Besides, increased dollar selling by exporters and a higher opening in the domestic equity market also supported the rupee, forex dealers said. The rupee had gained 14 paise […]

    Sensex opens 156 points higher

    The benchmark S&P BSE Sensex extended gains for the second straight session, surging over 156 points in early trade on Thursday, on sustained buying by funds and retail investors amid a mixed trend at other Asian bourses. The 30-share barometer, which had gained 137.38 points in the previous session, surged by 156.43 points, or 0.80 […]

    BOBCARD SIGNATURE CARD launched

    BOBCARDS Ltd, a subsidiary of Bank of Baroda has launched BOBCARD SIGNATURE CARD in affiliation with VISA. The card was launched by Chairman and Managing Director of Bank of Baroda-Shri S.S. Mundra at Mumbai recently, to commemorate the 19th Foundation Day of BOBCARDS. BOBCARD SIGNATURE CARD is designed to suit the lifestyle and status of […]

    Govt hikes tariff value on imported gold; cuts on silver

    Taking cues from global price movements, the government on Tuesday raised the import tariff value of gold to USD 436 per 10 grams, while reducing it on imported silver to USD 702 per kg. Tariff value is the base price at which the customs duty is determined to prevent under-invoicing. During the last fortnight, the […]

    Jet-Etihad deal satisfies SEBI; should not trigger open offer

    Paving the way for Jet Airways’ proposed sale of 24 percent stake to Abu Dhabi-based Etihad, market regulator SEBI has opined that the deal in its revised form does not give controlling powers to the foreign carrier and is in compliance with the regulations. After studying the revised structure, the Sebi has observed that the […]

    Oil falls below USD 102 on US shutdown notice

    The price of oil fell on Tuesday after parts of the US government were ordered to shut down because of a budget impasse in Washington. The contract fell 54 cents to close at USD 102.33 on Monday after trading as low as USD 101.05. Just as the US economy is struggling to expand, infighting among […]