APN News

  • Friday, September, 2023| Today's Market | Current Time: 08:35:36

    • Business

    Newly appointed IRDA chief meets Chidambaram

    The newly-appointed chairman of the Insurance Regulatory and Development Authority (IRDA) T S Vijayan has met Finance Minister P Chidambaram and is believed to have discussed the issues plaguing the insurance sector. Vijayan, who took over as IRDA Chairman from J Hari Narayan last week, paid a courtesy call to the Finance Minister and is […]

    Business

    Pacts worth Rs 18,461 cr inked on Day 1 of Vidarbha conference

    Various pacts worth Rs 18,461 crore were announced on Monday at the first day of the two-day ‘Advantage Vidarbha’ conference in Nagpur. The memorandum of understanding (MoUs) were signed in presence of Maharashtra Chief Minister Pithivraj Chavan, Union Minister for Heavy Industries Praful Patel and others. The Chief Minister has assured all possible help to […]

    Business

    EPFO to pay 8.5pc interest on PF deposits for 2012-13

    Retirement fund body EPFO on Monday decided to pay 8.5 per cent interest rate to its over five crore subscribers on their PF deposits for 2012-13, higher than 8.25 per cent provided in the previous fiscal. The decision was taken at the meeting of the Central Board of Trustees (CBT), the highest decision making body […]

    Business

    SC refuses to grant more time to Sahara to refund Rs 24,000cr

    The last hope of Sahara group to get more time to refund Rs 24,000 crore to its investors was on Monday dashed in the Supreme Court which dismissed its plea and pulled it up for not complying court’s earlier order to return the money by first week of February. A bench headed by Chief Justice […]

    Stock & Share

    Sensex gains over 65 points

    The BSE benchmark Sensex gained over 65 points in early trade on Monday on buying by funds and retailers amid a firm Asian trend. The 30-share barometer rose by 65.88 points, or 0.34 percent, to 19,382.89. The index had lost 325.74 points in the previous two sessions. Similarly, the wide-based National Stock Exchange index Nifty […]

    Business

    Uninor begins refunding balance to prepaid customers in Mumbai

    Telecom operator Uninor has said that it has begun refunding unutilised money of its prepaid customers in Mumbai and is helping them to transfer their numbers to other service providers. The development follows telecom regulator TRAI directing Uninor to refund within 15 days the balance amount of its subscribers in Mumbai and Kolkata, where the […]

    Business

    CBI registers case against three telecom companies

    The CBI has registered a case in a Delhi court against Bharti Airtel Ltd, Tata Communication Ltd and Singapore Telecommunicatios Limited for allegedly causing a loss of nearly Rs 48 crore to the govt since 2004 by illegally providing international long distance services. All the three telecom companies have been booked on charges of criminal […]

    Business

    Chidambaram launches CPC (TDS)

    Finance Minister P Chidambaram has launched the Centralised Processing Cell for Tax Deducted at Source (CPC-TDS) on Saturday, a move likely to ease the compliance procedure for taxpayers. “The CPC (TDS) will provide the tax deductors, taxpayers and the assessing officers a wide range of online services related to TDS through a functionality designated TDS […]

    Business

    European Commission: Eurozone economy to shrink in 2013

    The European Commission says the eurozone economy will shrink in 2013, after previously predicting that it will grow slightly. Delivering its winter forecast in Brussels today, vice-president Olli Rehn said the 17 economies in the eurozone will collectively shrink by 0.3 per cent this year. The Commission had previously predicted overall GDP growth of 0.1 […]

    Business

    Recommendations on retro-tax laws under examination

    Recommendations on the controversial retro-tax laws are under examination. The tax law was introduced in the last Budget by the the then Finance Minister Pranab Mukherjee. The information was given by Minister of State for Finance Palanimanickam in a written reply in the Lok Sabha today. The retrospective amendments to the Income Tax laws generated […]

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