APN News

  • Friday, October, 2022| Today's Market | Current Time: 02:34:57
  • Govt not to challenge 2G order, limited review likely

    New Delhi : The government will not challenge the Supreme Court decision to cancel 122 telecom licences issued, Telecom Secretary R Chandrashekhar said on Wednesday but indicated that a limited review of the decision may be sought. “We are not looking at challenging the cancellation of the licences per se,” Chandrashekhar told reporters on the […]

    Govt to auction 4G spectrum this year: Sibal

    New Delhi : India is looking at holding spectrum auctions for the fourth generation (4G) mobile services by the end of this year, besides finalising plans to sell off radio waves for the 2G services, Telecom Minister Kapil Sibal has said. “By the end of the year, we are actually going to auction 4G (spectrum). […]

    Rupee appreciates 24 paise to Rs 48.83 against US dollar

    New Delhi : The rupee appreciated by 24 paise to 48.83 rupees against dollar in the late morning trade today. The rise was attributed to persistent selling of dollars by banks and exporters, in view of sustained foreign capital inflows, amidst weakness of dollar in overseas market. The domestic currency had closed 15 paise higher […]

    Beleaguered Kingfisher Airlines can’t be closed down: Ajit Singh

    New Delhi : The Civil Aviation Minister Ajit Singh today said beleaguered Kingfisher Airlines cannot be closed down just because it is making losses and banks are not helping it out with funds. Speaking to reporters in New Delhi, Mr. Singh said as long as passenger safety is not jeopardised, as long as they keep […]

    Sensex gains 269 points, reaches 18k level

    Mumbai : The BSE benchmark Sensex extended gains for the second straight day by rising over 269 points in early trade today on buying by funds and retail investors, tracking a firming global trend. The 30-share index, which had gained 285.37 points yesterday, rose further by 268.95 points, or 1.52 per cent, to trade above […]

    ONGC stake sale on 1st March; may fetch about Rs 12,000 cr

    New Delhi : Running against time to meet the Rs 40,000 crore disinvestment target by fiscal-end, the government on Tuesday decided to offload 5 per cent stake in the oil major ONGC through the auction route on 1st March that may fetch the exchequer about Rs 12,000 crore. “The ONGC stake sale through the auction […]

    Sensex snaps four-day fall; up 285 pts as oil prices ease

    Mumbai : Snapping a four-day falling streak, the BSE benchmark index Sensex on Tuesday recovered by 285 points on funds buying in bluechips, led by Reliance Industries, amid firming global trends as oil prices declined. The 30-share barometer, which had lost 977 points in last four trading sessions, spurted by 285.37 points, or 1.64 per […]

    Dow Jones Industrial Average down 1 pt

    US : US stocks ended flat, yesterday. So the Dow Jones Industrial Average fell 1 points, at 12,982. The S&P 500 gained 2 points, to 1,368. And the Nasdaq Composite index gained 2 points, to 2,966. In economic news, pending home sales climbed at a 2% clip in January, helping shares of homebuilders push higher. […]

    Rupee up 5p at 49.17 against dollar

    Mumbai : The rupee appreciated by 5 paise to trade at 49 rupees 17 paise against the dollar in early trade today on increased foreign capital inflows. In the previous session yesterday, the domestic currency had lost 29 paise to close at 49 rupees 22 paise against the dollar.

    Loan agreements with ADB to aid MP,Guj, Assam projects

    New Delhi : The government has signed three loan agreements amounting to 350 million US dollars with multilateral funding agency Asian Development Bank, ADB. A memorandum of Understanding was signed between Ministry of Finance and ADB in New Delhi yesterday. Under the first loan agreement, a 200 million US dollar loan will help the Madhya […]