APN News

  • Friday, January, 2023| Today's Market | Current Time: 06:23:25
  • Exports up 4.3 pc in Feb, imports grow by 20.6 pc

    Mumbai : Exports grew by 4.3 per cent year-on-year to USD 24.6 billion, while imports increased by 20.6 per cent in February, Commerce Secretary Rahul Khullar said on Friday. Imports stood at USD 39.8 billion in February 2012, resulting in a trade deficit of USD 15.2 billion. During April-February 2011-12, the country’s exports increased by […]

    L&T appoints Venkataraman as CEO & MD; Naik to remain Chairman

    Mumbai : In a long-awaited top management succession planning exercise, corporate giant Larsen and Toubro on Friday appointed K Venkataraman as its CEO and Managing Director, while its current chief A M Naik would remain Executive Chairman for the next five years. Naik currently holds the position of Chairman and MD at the group, a […]

    GOM to meet today to discuss Cotton export ban issue

    New Delhi : The Group of Ministers will meet on Friday in New Delhi to review the 5th March decision of Commerce Ministry to ban cotton export. The decision was severely opposed by Agriculture Minister Sharad Pawar as well as several contton producing states such as Maharashtra, Gujarat and Andhra Pradesh. Prime Minister Dr. Manmohan […]

    HPCL resumes oil supplies to Kingfisher Airlines

    Bangalore : State-owned Hindustan Petroleum Corporation Ltd (HPCL) today resumed oil supplies to Kingfisher Airlines after the beleaguered airline agreed to pay for daily fuel off-take. HPCL, which is Kingfisher’s biggest aviation fuel supplier, had stopped refuelling Vijay Mallaya-run airline at around 6 pm yesterday. The two companies had parleys through the night. A senior […]

    Sensex closes 28 points lower

    Mumbai : Falling for the third straight session, the Sensex at the Bombay Stock Exchange ended with a small loss of 28 points, or 0.2 percent, at 17,146, after volatile trade, amid weak Asian markets, today. The Sensex had declined more than 460 points in the previous two trading sessions. The Nifty at the National […]

    Rupee falls by 38 paise against dollar

    Mumbai : The Indian rupee today fell by 38 paise to hit a seven-week low of 50.74 rupee against US dollar in early trade at the Interbank Foreign Exchange market on foreign fund outflows and strong dollar overseas. Yesterday, rupee had breached the 50-level mark after a gap of nearly six weeks by losing a […]

    PM directs GoM to urgently review ban on cotton exports

    New Delhi : Taking note of concerns from various quarters, Prime Minister Manmohan Singh on Wednesday directed review of the Commerce Ministry’s decision to ban cotton exports on 9th March. Singh directed that the Group of Ministers should meet on Friday to review the decision urgently, a PMO statement said. The direction came after a delegation […]

    Oil prices rebound over Iran’s concern

    Mumbai : Oil prices rebounded in Asian trade today amid lingering concerns over Western efforts to rein in Iran’s nuclear programme. The analysts said New York’s main contract, West Texas Intermediate crude gained 40 cents to 105.10 dollars per barrel while Brent North Sea crude was up 50 cents at 122.48 dollars.

    Sensex declines 118 pts in early trade

    Mumbai : The BSE benchmark Sensex declined by 118 points in early trade today on sustained selling by funds and retailers, amid a weak trend on Asian bourses. The 30-share barometer, which had lost almost 364 points in last two trading days, moved down further in opening trade today by 118 points, or 0.69 per […]

    Sensex falls 190 pts on profit booking after poll results

    Mumbai  : In a volatile trade, the BSE benchmark index Sensex on Tuesday dropped nearly 190 points due to profit booking by investors as poor performance by the ruling party raised concerns over its ability to push reforms to boost the economic growth. The 30-share index shuttled between a high of 17,691.96 and a low […]