APN News

  • Saturday, February, 2023| Today's Market | Current Time: 03:00:11
  • Sensex at 2-week high; up 226 pts

    Mumbai : The BSE benchmark Sensex on Tuesday climbed to 2-week high by adding 226 points amid indications of higher advance tax payout by corporates, suggesting improved earnings, and a firm trend in global markets. The Sensex, which gained 442 points in the last two sessions, gained another 225.95 points, or 1.28 per cent, to […]

    US, EU & Japan to file trade case against China at WTO

    US : The United States will file a new trade case against China over its limits on exports of so-called rare earth minerals. Officials said President Barack Obama will announce today that the US, along with the European Union and Japan, will file the case at the World Trade Organization. China is the world’s main […]

    Sensex surges in morning trade; up at 17,759.97pts

    Mumbai : Extending gains for the third straight session, the BSE benchmark Sensex surged by nearly 172 points in early trade today on sustained buying by funds and retail investors. The 30-share baraometer, which had gained over 442 points in the previous two sessions, rose by 172.30 points, or 0.97 per cent, at 17,759.97. All […]

    Indigenous Co. to manufacture and sell cancer drug cutting price 90%

    Mumbai : The Government has invoked a law which allows Hyderabad-based Natco Pharma to manufacture and sell cancer-treatment drug Nexavar at a cheaper rate. It will be about 90 per cent cheaper than charged by Bayer for its patented drug. The Pharma has been allowed to sell the drug at a price not exceeding 8,880 […]

    6.8 % January industrial growth indicates strong recovery: Pranab

    New Delhi : Terming the 6.8 per cent industrial growth in January as an indication of strong recovery, Finance Minister Pranab Mukherjee today said, efforts will have to be made for promoting mining, capital goods and consumer durables sectors. Commenting on the latest data of industrial production, Mr. Mukherjee said, there is strong recovery in […]

    Will Gold futures regain its lost Ground?

    By Prijath Babu After the price avalanche in February 29, Indian gold futures were consolidating with negative bias for last two weeks. A firm dollar increases the liquidation pressure in the gold. And at present US economy was on its path towards recovery. US Job data shows positive remark on US economy and 200000 job […]

    Govt lifts ban on cotton export

    New Delhi : The Government today lifted the ban on export of cotton. An official notification was issued today by the Director General of Foreign Trade to this effect, removing the earlier prohibition on export of cotton. The notification issued said the Central Government hereby withdraws the earlier notification that had banned cotton exports. Commerce […]

    Sensex up 269 points in opening trade

    Mumbai : The BSE benchmark Sensex rallied by almost 269 points in opening trade on Monday following the cash reserve ratio cut by the Reserve Bank of India on Friday. Brokers said fresh buying in stocks available at lower levels amid a better trend in Asian region also influenced the markets. The 30-share barometer rose […]

    Govt decides to roll back ban on cotton exports

    New Delhi : The government has decided to lift the ban on cotton exports, that was imposed last week, Commerce Minister Anand Sharma said on Sunday. “Keeping in view the facts, the interests of the farmers, interest of the industry, trade, a balanced view has been considered by the Group of Ministers (GoM) to roll […]

    RBI cuts CRR by 75 bps to 4.75%

    Mumbai : The Reserve Bank of India today cut the Cash Reserve Ratio, CRR, by 0.75 percentage points, from 5.5 percent, to 4.75 percent, in order to ease tight liquidity in the banking system. The Cash Reserve Ratio is the percentage of their deposits that banks are required to hold in the form of cash […]