APN News

  • Wednesday, February, 2023| Today's Market | Current Time: 08:56:46
  • FMC bans commexes from launching new soyabean contracts

    Mumbai : Commodity market regulator FMC on Tuesday banned commodity exchanges from offering new futures contracts in soyabean to curb price volatility and speculation in the oilseed. “In order to curb the excessive volatility in the prices of the soyabean, the commission has decided not to allow the launch of soyabean futures contracts scheduled to […]

    Kingfisher employees withdraw threatened agitation

    Bangalore : The standoff between Kingfisher Airlines mgt and employees, agitating over delayed salaries, ended on Tuesday with the protestors accepting the assurance given by the beleaguered carrier’s promoter Vijay Mallya and deciding to withdraw their agitation from Wed. Mallya, who had a meeting with the employees including pilots and engineers late Monday night, had […]

    Sensex up by 74 points amid positive Asian market

    Mumbai : The Sensex at the Bombay Stock Exchange rose 74 points to 17,478, amid largely positive Asian markets on Monday. The Nifty at the National Stock Exchange climbed 22 points to 5,318. Stock markets in Japan, Singapore and South Korea gained between 0.2 percent and 0.8 percent.

    Oil higher in Asia on Chinese demand hopes

    Mumbai : Oil was higher in Asian trade on Monday after figures showing a rise in manufacturing activity in China, the world’s largest energy user, analysts said. New York’s main contract, West Texas Intermediate crude for delivery in May, gained 33 cents to USD 103.35 per barrel while Brent North Sea crude for May settlement […]

    Who will bring back old luster in Gold?

    by Prijath Babu Gold futures continued its corrective move for the first half of the week since recovery in US economy and alleviation of the Euro Zone crises had reduced the safe haven appeal of gold. However the market witnessed recovery moves in the later half of the weak and international gold price closed at […]

    Sensex up by 80 points in early trade

    Mumbai : The BSE benchmark Sensex gained 80 points in early trade today on continued buying by funds as well as retail investors. The 30-share index, which had gained 346 points in the previous session, rose further by 80 points to 17,484. The wide-based National Stock Exchange Nifty index also moved up by 16points to […]

    Vehicle insurance premium hike comes into effect

    New Delhi : Vehicle owners will have to pay more towards insurance for their vehicles as the enhanced motor insurance rates has come into effect from April 01. The Insurance Regulatory and Development Authority -IRDA has issued a notification to this effect. As per the new rates, private car owners would have to pay premium […]

    Banks approve Air India’s financial restructuring plan

    New Delhi : In a big boost to its precarious financial position, Air India’s Financial Restructuring Plan (FRP) has been approved by a consortium of banks, which may enable the ailing carrier save substantially in the first year itself. As part of the FRP, Air India signed four agreements with the SBI-led consortium late Friday evening. […]

    Assam to be developed as model state for coconut production in 12th Plan

    Assam : Assam is being developed as a model state for coconut production during 12th Plan period beginning on Sunday. As many as, hundred coconut processing units are planned to be set up in the state under Coconut Technology Mission during the period. Taking advantage of the sufficient number of coconut production, the Coir Board […]

    RBI calls for greater focus on state finances

    Mumbai : The Reserve Bank of India has called for greater attention on structural issues confronting state finances in the country. Releasing a publication today which focuses on the study of budgets of state finances, the RBI said there is need for greater focus on structural issues confronting state finances, particularly for those states that […]