APN News

  • Thursday, February, 2024| Today's Market | Current Time: 02:26:51
  • Gulf markets continue volatility amidst fears of military strikes on Syria

    The Gulf markets continued the volatility in trade amidst fears of military strikes on Syria and the investors opted for short-term trades. Dubai’s Index declined by 1.9 percent to 2,443 points but reached a high of 2,521 points in the opening minutes. Abu Dhabi’s index shed 1.4 percent to 3,681 points. Kuwait’s benchmark fell 1.9 […]

    Olympus & UK subsidiary to be prosecuted by Britain’s Serious Fraud Office

    The Japanese camera and medical equipment maker Olympus and its UK subsidiary Gyrus Group will be prosecuted by the British Serious Fraud Office. They have been charged with providing misleading, false or deceptive material in accounts for Gyrus Group. Olympus’s acquisition of Gyrus was one of the deals called into question as a 1.7 billion […]

    Term of JPC on 2G extended

    The term of the Joint Parliamentary Committee, JPC, on 2G Spectrum has been extended till the end of the next session of Parliament to enable it to submit its report. Committee Chairman P C Ckacko moved a resolution for this in the Lok Sabha today which was approved by a voice vote.   The JPC […]

    Canara Bank to go aggressive in CSR activities

    Panaji : A visionary banker, Mr. R.K. Dubey, Chairman and Managing Director of Canara Bank who introduced several structural changes in his banking career spanning well over 36years conferred upon a Lifetime Achievement Award. The Award was presented at a National Meet on Occupational Hazards, Safety and Fire which is currently underway at a city […]

    Rupee breaches 68 mark; plunges 92 paise to 68.55 vs Dollar

    The rupee today again breached 68 mark by plunging 92 paise to 68.55 against the US dollar in early trade, mainly on strong demand for the American currency from importers and some banks. Dealers said heavy capital outflows amid reports that S&P sees more than one-in-three chance of a downgrade of the country’s rating and […]

    Sensex up 161 pts in early trade; IT stocks lead recovery

    The BSE benchmark Sensex on Wednesday recovered over 161 points in early trade after Tuesday’s steep fall, on the back of rally in IT, healthcare and metal sector stocks due to fresh buying by funds and retail investors. The 30-share barometer rose 161.31 points, or 0.88 per cent, to 18,395.97, supported by increased buying in […]

    Sensex down 651 points to close at 18,234

    Snapping four days of gains, the Sensex at the Bombay Stock Exchange plummeted 651 points, or 3.5 percent, to close at 18,235, today, on intense across-the-board selling pressure, and rupee weakness. The Sensex had gained over 900 points in the previous four trading sessions. The Nifty at the National Stock Exchange tumbled 209 points, or […]

    Dena Bank revises interest rates on FCNR (B) / RFC term deposit effective from September 1

    Mumbai : Dena Bank, India’s trusted family bank, has revised the rate of interest on FCNR (B)/RFC term deposit with effective from September1, 2013. For FCNR (B) deposits of 2 years to less than 3 years, in US Dollar terms, the revised interest rates are 2.57% as compared to 2.48% in August 2013. For FCNR […]

    2G: SC rejects pleas for recalling its orders

    The Supreme Court on Tuesday rejected the pleas of the accused in the 2G spectrum case seeking recall of its two orders barring the high court from hearing the matters arising out of the scam. A bench comprising G S Singhvi and K S Radhakrishnan said there was no good ground for recalling the orders […]

    Rupee tumbles by 90 paise vs dollar in late morning trade

    The Indian rupee dropped sharply by 90 paise to 66.90 against the American currency in the late morning trade on Tuesday on persistent dollar demand from banks and importers on the back of firm dollar in overseas amidst sudden fall in equity market. The rupee resumed lower at 66.29 per dollar as against the last […]