APN News

  • Sunday, September, 2021| Today's Market | Current Time: 02:54:14

    • Economy

    IMF supports PM Modi’s efforts to fight corruption

    New Delhi: International Monetary Fund , IMF has supported Prime Minister Narendra Modi’s efforts to fight corruption by demonetizing 500 and 1000 rupees notes but cautioned that the move has to be managed prudently. IMF spokesman Gerry Rice told reporters in Washington that the global body supports Modi government’s measures to fight corruption and illicit […]

    Economy

    Donations to temples, FDs in co-op banks under govt scanner

    New Delhi: The demonetization of 1000 rupees and 500 rupees notes has seen sudden spurt in donations to around 100 temples and trusts and in cash reserves of around 1000 cooperative banks and credit societies in Maharashtra. All these transactions have come under government scanner. The officials have apprised the state government about the surge […]

    Economy

    Scrapping of Rs 500 & 1,000 denominations to help in cleaning up process of political funding: FM

    New Delhi: Finance Minister Arun Jaitley today said government’s decision to demonetise the 500 and 1000 rupee notes is good for country’s economy which will rid the nation of black money and corruption. In an exclusive interview with Doordarshan News, Mr. Jaitley said black money is not a fundamental right of the people, and those […]

    Economy

    FM calls upon banking sector to support corporate to propel growth

    New Delhi : Finance Minister Arun Jaitley has said that private sector needs to invest in a big way for the economy to perform as best as possible. Observing that domestic investment continues to be a challenge, Mr Jaitley called upon the banking sector to support corporates to propel growth. Addressing a seminar on debt […]

    Economy

    Country’s Forex Reserves rises by USD 1 billion to USD 367.14 billion

    New Delhi: Country’s Forex Reserves rose by USD 1 billion to USD 367.14 billion for the week ended October 21 on the back of increase in the core currency assets. The Reserve Bank said that Foreign Currency Assets -FCAs, a major component of the overall reserves, increased by USD 1.015 billion to USD 341.923 billion. […]

    Economy

    Startups can raise USD 3 million via ECBs annually :RBI

    New Delhi: The Reserve Bank yesterday permitted startups to raise external commercial borrowings (ECBs) of up to USD 3 million in a financial year, a move aimed at boosting innovation and promoting job creation. The RBI said while issuing norms for ECB route for startups that the borrowing should be denominated in any freely convertible […]

    Economy

    Accept ₹500/1,000 notes only after careful scrutiny: RBIAccept ₹500/1,000 notes only after careful scrutiny: RBI

    New Delhi: Reserve Bank of India has urged public to examine 500 rupees and 1000 rupees currency notes before accepting them in the usual course of transactions to avoid circulation of fake currency notes. RBI said, unscrupulous elements are putting into circulation Fake Indian Currency Notes of higher denominations.   The central bank has cautioned […]

    Economy

    Indian economy has potential to touch 6-8 trillion USD in next 15 yrs: Panagariya

    New Delhi: NITI Aayog Vice-Chairman, Dr Arvind Panagariya has said that the Indian economy has the potential to touch 6-8 trillion USD in the next 15 years as against 2 trillion at present.   Participating in an interactive program in Guwahati he asserted , though there are many challenges before the Indian economy at present, […]

    Economy

    Govt takes steps to ensure hassle-free arbitration process, says PM

    New Delhi:  Prime Minister Narendra Modi on Sunday said  his Government has taken several steps to ensure hassle-free arbitration process. Addressing the valedictory address at the first ever Global Conference to strengthen arbitration and enforcement in India in New Delhi.  Modi said, over a 1000 archaic laws have been scrapped and the government has enacted […]

    Economy

    Govt lists GST Bill for consideration, passage in Rajya Sabha today

    New Delhi: The Rajya Sabha will discuss the Institutes of Technology (Amendment) Bill, 2016 and The Benami Transactions (Prohibition) Amendment Bill, 2016 today. In Lok Sabha, The Transgender Persons (Protection of Rights) Bill, 2016 will be introduced today. The government has listed the Goods and Services Tax, GST Bill for consideration and passage in the […]

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