APN News

  • Sunday, April, 2024| Today's Market | Current Time: 04:28:42
  • ICICI Bank launches tax collection service in Odisha

    Bhubaneswar: Ltd, India’s largest private sector bank, today launched a service in Odisha to collect the state government taxes at all its branches in the state as well as through its internet banking facility. ICICI Bank is the first bank in Odisha to do so. This service will help the tax payers, irrespective of having […]

    Sensex up 376 points, notches up biggest gain in seven weeks

    The benchmark Sensex surged 376 points today, clocking its biggest gain in seven weeks, ahead of retail inflation figures and on expectations the US Federal Reserve would ease tapering after disappointing jobs data. Investors also expect the RBI to keep interest rates unchanged in a bid to support growth after the Index of Industrial Production […]

    FinMin examining DIPP’s proposal for curbs on royalty payments

    The Finance Ministry is examining a proposal of the Department of Industrial Policy and Promotion (DIPP) to re-introduce restrictions on royalty payments by Indian arms of foreign companies. “This matter is under examination,” Department of Economic Affairs Secretary Arvind Mayaram said, when asked whether the Ministry favours restrictions on royalty payments. Worried over excessive outflow […]

    OilMin considering raising subsidised LPG cap to 12

    Under pressure from his party, Oil Minister M Veerappa Moily on Sunday said the government is considering increasing the quota of subsidised LPG cylinders to 12 per household even as hints were dropped of a one-time hike in diesel and LPG rates. Moily, who last week said there was no proposal to increase the quota […]

    Sensex regains 21k level, surges 264 points

    The benchmark BSE Sensex on Monday regained 21,000-level by surging 264 points in early trade on increased buying by funds and retailers despite weak IIP data.  The industrial production data for November, which was released after the market hours on Friday, contracted to a six-month low of 2.1 percent. The 30-share barometer, which had gained […]

    CapitalVia Global Research – “Commodity market outlook”

    By Mr. Vivek Gupta- Director Research  Commodity market outlook  Precious metal:-  Gold prices moved up on Friday after moving in a range as mixed data coming from US and China kept the prices of Gold in range. Markets fear that a strong U.S. jobs report could prompt the Federal Reserve to further reduce its bond-buying […]

    Posco gets environmental clearance for Rs 52K-cr Odisha proj

    South Korean giant Posco has won environmental clearance to build Rs 52,000 crore steel plant in Odisha, ending eight years of wait for a project that would involve the largest-ever foreign direct investment in India.  The clearance, which came a week before South Korean President Park Geun Hye’s India visit, will however be conditional to […]

    Central Bank of India receives the Banking Excellence Award

    Central Bank of India received Banking Excellence Awards in two categories viz.                1)ECO– Technology Award – Runner Up and 2) Jury Award for New Initiatives in a glittering function organized by Chamber of Indian Micro Small & Medium Enterprises in the august presence of Mr. Montak Singh Ahluwalia, Hon’ble Dy. Chairman, Planning Commission, Mr. J.D. […]

    ICICI Bank inaugurates its first branch in Bahraich, Uttar Pradesh

    Bahraich: ICICI Bank Ltd, India’s largest private sector bank, today launched its first branch in Bahraich, Uttar Pradesh. The branch is located at Chhavni Chowk, Bahraich.  Mr. Rajesh Agarwal, Managing Director, Rajgarhia Food Products Private Ltd, inaugurated this new branch.  The branch will remain open for customers from 9:00 am to 6:00 pm on Monday […]

    Sensex ends with 45-point gain after surge led by Infosys

    After vaulting over 250 points, the Sensex in a volatile session on Friday erased most gains to end with a 45-point rise as momentum after Infosys earnings was almost overshadowed by declines in ICICI Bank, L&T and SBI on slowing export growth and caution ahead of IIP data release.  After a positive opening, the BSE […]