APN News

  • Monday, February, 2024| Today's Market | Current Time: 07:35:49
  • RBI Penalizes Paytm Payment Bank with Rs 5.39 crores for KYC Violations

    Mumbai: The Reserve Bank of India has imposed a monetary penalty of five crore and thirty-nine lakh rupees on Paytm Payments Bank Limited for violation of Know Your Customer (KYC) and a few other norms. RBI said, the bank had also violated certain provisions of ‘RBI Guidelines for Licensing of Payments Banks’, ‘Guidelines on reporting […]

    Wholesale Price Index for June, 2023 at – 4.12%

    The annual rate of inflation based on all India Wholesale Price Index (WPI) number is(-) 4.12% (provisional) for the month of June, 2023 (over June, 2022) against (-) 3.48% recorded in May, 2023. The decline in the rate of inflation in June, 2023 is primarily due tofall in prices of mineral oils, food products, basic […]

    A Complete Guide To Collateral-Free Business Loans

    Unsecured loans can give a business the boost it needs to grow, even if it’s small, or has no assets to pledge. The processing is seamless, and documentation is also minimal. In addition, flexible repayment structures make these loans more attractive. All you have to do is find out if you qualify for a collateral-free […]

    The Real GDP Growth Will Be Higher Than the Pre-Pandemic Levels: Dr. Arvind Virmani

    The former Chief Economic Advisor shared his insights at the webinar on the expectations from the upcoming Union Budget 2022   New Delhi: The Associated Chamber of Commerce and Industry (ASSOCHAM), the apex industry association of the country, held an interactive session on ‘Expectation and Wishlist for Truly Atmanirbhar Bharat’ ahead of the Union Budget 2022. During the […]

    PHD Chamber appreciates the Hon’ble Prime Minister’s aspirational Speech at World Economic Forum’s

    Mr Pradeep Multani, President, PHD Chamber of Commerce and Industry, congratulates and appreciates the Hon’ble Prime Minister, Shri Narendra Modi ji for delivering an aspirational speech at World Economic Forum’s Davos Agenda. The view of Hon’ble Prime Minister on ability of India to empower the 21st century with country’s unwavering trust in democracy, technology, temperament […]

    Embargoed For Publication On Monday, January 10, 2022

    PHDCCI Economy GPS Index For December 2021 December 2021 Economic Activity Highest Of The Year: PHD Chamber Growth Of Passenger Vehicle Sales Supported The Economic Activity In Dec 2021 Economic activity for the month of December 2021 has been recorded at the highest level of the year 2021 as the Economy GPS Index of PHDCCI […]

    76% of Indians plan to switch from renting to owning assets as an investment and lifestyle choice, reveals Post ‘Generation-Rent’ study by Godrej Housing Finance

    ●      Three in every four Indians prefer ownership over renting (housing, consumer durables, furniture) ●      One in two Indians reveal that they have started looking for a new house for themselves; almost one in every third Indian believes buying a new house is the best investment option at present ●      One in four Indians feel […]

    Private sector to drive 90 percent of the story in terms of powering credit flow

    New Delhi :  The target is for a $10 trillion economy, we need to build an Atmanirbhar economy where we control our own destiny, says Shri Jayant Sinha Hon’ble Member, Parliament & Chairperson, Parliamentary Standing Committee for Finance at an ASSOCHAM event. Speaking at the ASSOCHAM 8th National E-Summit on ‘Non-Banking Finance Companies & Infrastructure […]

    Inflation will lead to a rise in interest rates in 2022: The Continental Group survey

    In the survey, a whopping 74% of respondents said that inflation will rise, leading to a host of predictable measures such as federal tapering and an increase in interest basis points. Yet there is room for optimism in 2022.  The Continental Group, a leading insurance intermediary and financial services provider in the GCC region, hosted […]

    World Gold Council Members contributed $38bn to local economies in 2020

    A new report by the World Gold Council highlights the role of its members, many of the world’s most forward-thinking gold mining companies, in contributing to socio-economic development in the countries and communities where they operate. Collectively, WGC member companies contributed$37.9bn to the GDP of the countries where they operate in the form of taxes, […]