APN News

  • Thursday, April, 2024| Today's Market | Current Time: 07:55:34
  • State Bank of India paid 3rd instalment of advance tax

    Mumbai :  State Bank of India has paid total global income tax of Rs 1,346 crores in the third quarter of F.Y. 2013-14. This includes Rs. 1,130 crore paid as 3rd instalment of Advance Tax in India for the financial year 2013-14 (corresponding figure for FY 2012-13 was Rs  1,701 crores) and a further sum […]

    Sensex extends losses, down 36 points in early trade

    The BSE benchmark Sensex fell for the fifth straight day by losing over 36 points in early trade on Monday due to sustained selling by funds on fears of a rate hike by the Reserve Bank amid a weak trend in other Asian markets. The 30-share barometer fell by 36.56 points, or 0.18 per cent, […]

    Oil prices edge higher ahead of US Fed meeting

    Oil prices edged higher in Asian trade on Monday as investors focused on the US Federal Reserve’s policy meeting this week for clues about its long-awaited stimulus pullback. New York’s main contract, West Texas Intermediate (WTI) for January delivery, was up six cents at USD 96.66 in mid-morning trade while Brent North Sea crude for […]

    FDI in services sector drops 62 pc during Apr-Oct 2013

    Foreign direct investment (FDI) inflows into the services sector declined by about 62 percent year-on-year to USD 1.36 billion during April-October of the ongoing fiscal. The services sector, which includes banking, insurance, outsourcing, R&D, courier and technology testing, had received FDI worth USD 3.6 billion during April-October 2012, an official in the Department of Industrial […]

    Mutual funds garner Rs 1.5 lakh cr from investors in Apr-Nov

    Investors have put in more than Rs 1.5 lakh crore in various mutual funds schemes in the ongoing financial year, nearly twice the amount pumped in by them in entire 2012-13 fiscal. As per the latest data available with Sebi, there was a net inflow of Rs 1,50,675 crore during the 2013-14 fiscal (April-November) as […]

    Fundamental & Technical Outlook on Commodities

    By Mr. Vivek Gupta, Director Research, CapitalVia Global Research Limited Precious metal:- Gold prices fell on Friday as strong US retail sales number strengthened the dollar amid fears of Fed tapering the bond buying program at the December 17-18 policy meet. The House has approved the two-year budget deal on spending cuts which has diminished […]

    Govt may promulgate SEBI ordinance for 3rd time

    Finance Minister P Chidambaram has said the government may promulgate the ordinance giving greater powers to Sebi for the third time if the Standing Committee scrutinising the Bill to replace it does not submit the report in the current Session of Parliament. Speaking at an NSE event to mark its 20th anniversary in Mumbai on […]

    Coal Regulatory Authority Bill introduced in Lok Sabha

    A Bill to set up an independent coal sector regulator with the task of conserving resources and charting methodology for price fixing was introduced in the Lok Sabha on Friday. The Coal Regulatory Authority Bill, 2013 comes amid the sector grappling with multiple woes, including shortfall in production and allegations of irregularities in allocation of […]

    Govt slashes tariff value on imported gold; raises on silver

    The government on Friday slashed the import tariff value on gold to USD 398 per ten grams while raising it marginally on silver to USD 643 per kg in line with global trends. The import tariff value is the base price at which the customs duty is determined to prevent under-invoicing. The tariff value on […]

    Chidambaram calls for high level of probity in capital market

    Pitching for high level of probity, Finance Minister P Chidambaram on Saturday said Indian capital markets are facing many concerns including low level of retail participations, which needed to be addressed urgently. “It is important that all our institutions maintain the highest ethics and highest standards of probity. An ethics deficit can bring down the […]