APN News

  • Tuesday, August, 2022| Today's Market | Current Time: 03:39:32

    • Business

    IRFC tax-free bonds issue to open Today

    Indian Railway Finance Corporation Limited (IRFC), the financing arm of the Indian Railways, is proposing to issue Tax Free, Secured, Redeemable, Non-Convertible Bonds of face value of RS 1,000 each in the nature of Debentures. They will have benefits under the Income Tax Act, 1961 and aggregate to Rs 3,000 crore with an option to […]

    Business National

    Govt bars Madhavan Nair, three others from re-employment

    In a damning action, government has barred former ISRO chief G Madhavan Nair and three eminent space scientists from any re-employment for their alleged role in the controversial allocation of scarce S-band space segment to private firm Devas. The action, probably the first of its kind against a former Secretary-level technocrat and other retired officials, […]

    Business

    RIL’s gas supply pact with NTPC: EGoM to decide on 14th Feb

    The Power Ministry wants the Empowered Group of Ministers headed by Finance Minister Pranab Mukherjee to order Reliance Industries to sign an agreement to supply 2.16 million cubic metres a day of natural gas to NTPC. The EGoM on natural gas allocation is slated to meet on February 14, its first meeting in over a […]

    Business

    WEF summit kicks off as uncertainties stare at world economy

    The World Economic Forum’s five-day annual meeting began in Davos Wednesday morning with top business and political leaders from across the world in attendance in this snow-laden skiing resort town, away from the gloomy economic scenario prevailing in most parts of the globe. Ahead of the summit, a worldwide CEO survey Tuesday evening showed that […]

    Business

    Obama calls for an comprehensive immigration reform

    President Barack Obama on Wednesday called for a comprehensive immigration reform, in particular for quick citizenship pathway to highly skilled professionals and investors, saying US should support everyone who aspires to become the next Steve Jobs. “We should be working on comprehensive immigration reform right now. But if election-year politics keeps Congress from acting on […]

    Business

    World economy in danger zone: IMF

    The International Monetary Fund (IMF) has said the world’s economy is deeply into the danger zone because of risks from the eurozone. The IMF predicts the global economy will grow by 3.25% in 2012, down from an earlier forecast of 4%.T The growth forecast for the UK economy has been cut to 0.6% from 1.6%. But […]

    Banking

    RBI cuts cash reserve ratio 50 bps to 5.5 per cent

    The Reserve Bank of India on Tuesday lowered the Cash Reserve Ratio, the amount of deposits that banks are required to keep in cash with the RBI, to 5.5 per cent, from 6 per cent, with effect from January 28, to release 32,000 crore rupees into the system and ease liquidity problems. But the RBI […]

    Business

    EGoM on natural gas in mid-Feb

    A high-level ministerial panel may in mid-February take up the Oil Ministry’s suggestion of key changes in the natural gas allocation policy in view of sharp drop in output from Reliance Industries’ eastern offshore KG-D6 block. The Empowered Group of Ministers (EGoM) headed by Finance Minister Pranab Mukherjee may meet in the week beginning 12th […]

    Business

    Biz leaders,policymakers to discuss global economic scenario

    Top business leaders and policy- makers from India will join the rich and powerful from across the globe in this snow-laden Swiss mountain town to discuss the state of affairs of the world economy at their five-day World Economic Forum annual congregation, beginning on Wednesday. While the Indian team, comprising top CEOs like Mukesh Ambani, […]

    Business

    2G case: Vinod Goenka moves HC against charge-framing

    The Delhi High Court on Tuesday issued notice to CBI and sought its response on the plea of DB Realty MD Vinod Goenka challenging the order on framing of charges against him by the trial court in the 2G scam case. “Issue notice to CBI for March 13,” Justice M L Mehta said while admitting […]

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