APN News

  • Saturday, October, 2021| Today's Market | Current Time: 09:56:44
  • Murugappa Group Reactions to the Union Budget 2011

    The overall budget looks very positive from the macroeconomic point of view in general and agricultural and infrastructure sectors in particular. We have to wait and see how the ambitions and intentions are translated into reality. Specifically, the Government’s intention to reduce the fiscal deficit from 5.1% in 2010-11 (Revised Estimate) to 4.6% in 2011-12, […]

    Sensex shoots up 623 pts in post-Budget rally; auto leads

    The Sensex rose by nearly 209 points in opening trade on the Bombay Stock Exchange on Tuesday as investors embarked on a buying spree, cheered up by proposals in the 2011-12 Budget for raising FII investment limits and slashing surcharge on corporate tax. In a post-Budget rally, the BSE benchmark Sensex today shot up 623 […]

    Exports up 32.4 pc in Jan, may touch USD 225 bn in 2010-11

    Driven by a pick-up demand in the US and Latin American markets, India’s exports rose by 32.4 pc year-on-year to USD 20.6 bn in January, in line with projections that overall shipments will touch USD 225 bn this fiscal. During the April-January period of 2010-11, outbound shipments grew by 29.3 percent to USD 184.63 billion […]

    Output of six core industries up 7.1% in Jan, may push up IIP

    The output of the six core infrastructure industries grew by a healthy 7.1 per cent in January, leading some economists to predict a positive impact on overall factory output during the month. The growth was mainly driven by the healthy performance of the crude oil, petroleum refinery products and electricity sectors, according to data released […]

    Mr. Irfan Razack – CMD, Prestige Group views on the Budget 2011

    On the whole, the budget has been neutral and industry-friendly. The budget speech indicated further progress on the Direct Tax Code (DTC) as well as the GST – both critical measures, which is a welcome move. Though, I feel that it would have been better for the industry if GST was also rolled out along […]

    Sensex opens 208 points higher

    The Sensex at the Bombay Stock Exchange rose 208 points in opening trade today as investors embarked on a buying spree. Market sentiments were cheered up by proposals in the 2011-12 Budget for raising FII investment limits and slashing surcharge on corporate tax. The Sensex, which gained nearly 200 points in the previous two trading […]

    Post budget quote by Mr. Manish Sharma, Director – Marketing, Panasonic India

    “The budget 2011 has exceeded expectations in terms of rural development, education and agriculture. It is commendable that the economy has seen a growth rate of over 9%. This budget will provide an impetus to inflation control. On the whole, it is extremely favorable towards the agricultural community. The various reform measures announced moves at […]

    Gold up marginally

    Gold inched up 10 rupees, to 21,180 rupees per ten grams at Delhi’s bullion market, today, on buying for the ongoing marriage season, amid a firm global trend. Silver rose 300 rupees, to another record high of 50,550 rupees per kilo. In the global markets, gold climbed 0.3 per cent, to 1,415 dollars an ounce. […]