APN News

  • Tuesday, March, 2021| Today's Market | Current Time: 01:23:37
  • Montek among probables for next IMF chief

    Top Indian policy planner Montek Singh Ahluwalia figures among the probables to succeed Dominique Strauss-Kahn as the next chief of International Monetary Fund, a report has said. Noting that the clout and role of the international lender has increased substantially in the emerging markets, US daily New York Times reported that someone from the developing […]

    GoM to consider Rs 1200 cr infusion into Air India

    A decision to infuse Rs 1,200 crore as equity in the ailing Air India is likely to be considered by a Group of Ministers soon. “There is no rethink on the announcement made by the government that Rs 1,200 crore will be infused. The Group of Ministers will meet soon,” an official source said on Sunday. Members […]

    I-T dept introduces new number for taxpayers for tax filing

    Taxpayers will now have to procure a ‘new number’ for filing returns and making any communication with the Income Tax department. The unique Document identification number (DIN), on the lines of numbers like PAN and TAN, will be quoted on “every” income tax-related communication, including returns to be filed next year for the financial year […]

    LIC investors won’t lose single paise: Mukherjee

    Finance Minister Pranab Mukherjee on Saturday assured investors in LIC that they would not lose any money because of the housing finance racket involving the CEO of the state-run insurer’s subsidiary, LIC Housing Finance Ltd, and other top bank officials. Asserting that those officials involved in the racket would not be allowed to escape, he […]

    Bribery scandal rattles market; BSE Sensex tanks 449 pts

    The unearthing of a major bribery scandal by CBI on Wednesday involving officials of some top PSU banks and finance firms rattled the bourses with key benchmark indices the BSE Sensex and S&P CNX Nifty plunging to two-and-a-half-month lows during the week. The market fell for the third straight week after hitting record closing high […]

    Rural poor to get Rs 1,400 subsidy for LPG connection: Deora

    Oil Minister Murli Deora on Friday said the government would offer Rs 1,400 subsidy per LPG connection to BPL families in rural areas as part of its effort to increase the reach of cooking fuel among the poor. “The proposed subsidy will be available to the new connections being offered under the Rajiv Gandhi Rural LPG Distribution […]

    Green roadblock for two high-profile steel, township projects

    After rejecting MNC Vedanta’s plan to mine bauxite and holding up South Korean firm Posco’s steel plant in Orissa, Environment Ministry has now put a break on two other high-profile projects of Jindal Steel Plant and Lavasa, a unit of Hindustan Construction Ltd. Maintaining that development cannot take place at the cost of environment, Environment […]

    Housing loan scam continues to haunt BSE; Sensex sheds 182 pts

    The housing finance racket continued to rattle investor confidence, pulling down the BSE benchmark Sensex on Friday by another 182 points in a volatile trade. The Bombay Stock Exchange benchmark, which broke the 19,000 level in the intraday fall of over 360 points, recovered partially to end with a loss of 181.55 to 19,136.61. In […]

    Sharma to take charge as LIC Housing Fin CEO early next week

    LIC Chairman T S Vijayan ON Friday  said that V K Sharma will take over as the CEO of its housing finance arm early next week. Sharma has been chosen to replace LIC Housing Finance CEO Ramachandran Nair, who was arrested by the CBI on charges of involvement in housing-loan bribery case on Wednesday. “V […]

    Delhi entrepreneurs can apply online for green clearance

    Entrepreneurs seeking to set up industries in the national capital will now be able to apply online for environmental clearance by Delhi Government. Chief Minister Sheila Dikshit launched an online system for environmental approval by Delhi Pollution Control Committee (DPCC). Environment department officials said DPCC has become the first such state pollution control agency to […]