APN News

  • Tuesday, August, 2022| Today's Market | Current Time: 03:48:23
  • Will gold futures revert to its lost paradise?

    By Prijath Babu Indian gold futures continued to surge for last two days tracking the movements in international gold spot. Indian gold futures consolidated with negative bias since 4th January and end up with upside breakout infusing positive momentum for last two days. International gold started its recovery since 29th December and retraced more than […]

    Expedite socio-economic census to implement Food Bill: Thomas

    In order to enable implementation of the proposals in the National Food Security Bill at the earliest, Food Minister K V Thomas has asked both the Rural and the Urban Poverty Alleviation Ministries to expedite the socio-economic and caste census. The Food Bill, which aims to provide cheaper foodgrains to 63.5 per cent of the […]

    Norms for MFs, insurers’ participation in pref issues eased

    Market regulator SEBI has relaxed investment norms by waiving the six-month lock-in period for insurance companies and mutual funds participating in preferential allotment of shares. “It has been decided to exempt insurance companies and MFs which are broad-based investment vehicles representing the interests of the public at large from the provisions of SEBI (ICDR) Regulations […]

    Govt to take up Indonesia’s proposal on coal tax

    The government is trying to take up the issue of Indonesia proposing a tax of exports of coal at bilateral level, Coal Secretary Alok Perti said on Saturday. “We have taken up the issues of export tax and restrictions in certain quality of coal by the Indonesian government with the Ministry of External Affairs and […]

    Iran moves toward banning oil sales to Europe

    Iranian parliament will debate and vote today on a draft bill requiring the government to immediately halt crude oil sales to Europe. Nasser Soudani, the deputy chairman of Iranian parliament’s energy committee said in Teheran that a draft bill in this regard in response to the bloc’s decision to ban the purchase of Iranian oil […]

    Finance Minister to visit Chicago from 28th Jan

    Finance Minister Pranab Mukherjee will visit the city on Saturday to look for future investment possibilities between India and United States. During his two-day visit, the finance minister will look for investments in power, infrastructure, ports, highways etc during. With an aim to invest USD 1 trillion in infrastructure for the next five year plan […]

    Sensex gains 157 points on sustained buying

    Rising for the sixth straight session, the Sensex at the Bombay Stock Exchange gained 157 points, or 0.9 percent, to close at an 11-week high 17,234 on Friday, on sustained buying by investors, on easing food inflation. The Nifty at the National Stock Exchange rose 46 points, or 0.9 percent, to 5,205. Stock markets in […]

    Expert Committee on decontrol of Sugar sector

    The Prime Minister Dr. Manmohan Singh today constituted an expert committee to examine issues related to decontrol of the sugar sector. The committee will be headed by the Economic Advisory Council Chairman to the Prime Minister, Mr. C. Rangarajan. According to an official statement, the committee will look into all the issues relating to de-regulation […]

    Oil prices higher in Asian trade

    Oil rose in Asian trade on Friday on expectations the US economy saw robust growth in the final quarter of 2011, analysts said, while tensions between the West and Iran also supported prices. New York’s main contract, West Texas Intermediate crude for delivery in March, gained 31 cents to USD 100.01 a barrel in morning […]

    Sensex gains over 176 pts in early trade on firm Asian cues

    The BSE benchmark Sensex on Friday shot up by another 176 points in early trade, extending gains for the fourth straight session on continued buying by funds and retailers amid a firming trend in Asian markets. The 30-share index rose further by 176.39 points, or 1.03 per cent, to 17,253.57. It had gained over 338 […]