APN News

  • Saturday, March, 2021| Today's Market | Current Time: 07:17:39
  • Moody’s upgrades India’s outlook to positive

    Rating agency Moody’s on Thursday changed India’s outlook to positive from stable

    India bright spot in global economy, will clock 7.2% growth: IMF

    Terming India a bright spot in the “cloudy” global economy, IMF Managing Director Christine

    Perspective on equity markets & economy

    Rajesh Iyer, Head – Investment Advisory Services & Family Office, Kotak Wealth Management: “Equity Markets traded weak on expectations of US Fed rate hike coming sooner than expected. Domestic equities further weakened on concerns regarding passage of pending bills in the parliament’s upper house. Weak earnings growth in the previous quarter and a budget that […]

    Feb retail inflation edges up to 5.37% on costlier food items

    The retail inflation rose to 5.37 percent in February on higher prices of food items, including vegetables and beverages. The consumer price based retail inflation (consumer price index or CPI) for February is calculated with a new base year of 2012. For January, the retail inflation with a new base year has been revised upwards […]

    Centre, RBI sign agreement to keep inflation below 6% and provide price stability with growth

    The government and the Reserve Bank of India have signed an agreement on Monetary Policy Framework whereby the government has set a target for RBI to bring down inflation below six per cent by January 2016. The Agreement, which was signed on February 20 but made public yesterday, veers round to RBI Governor Raghuram Rajan’s […]

    Retail inflation rises to 5.11% in Jan

    Retail inflation moved up to 5.11 percent in January month-on-month, measured on a new base year 2012, mainly due to dearer food items including fruits and vegetables. In December, retail inflation based on the Consumer Price Index (CPI) was at 4.28 percent (recalculated with new base year). The CPI inflation in December was 5 percent […]

    GDP estimate for Dec quarter today

    The government will issue the gross domestic product (GDP) data for the financial year’s third quarter (Q3, October-December) on Monday, though the industrial production numbers for December are yet to be released. The ministry of statistics and programme implementation will also issue the revised figures for the first and second quarter of 2014-15.

    Individual investors’ asset base up 32% to Rs 5.24 lakh cr

    Individual investors have increased their assets base by 32 percent over the last nine months of the current fiscal year (2014-15) to Rs 5.24 lakh crore. “Individual investors held Rs 5.24 lakh crore in mutual funds as of December 2014, an increase of 31.68 per cent over March 2014,” according to data from the Association […]

    Economy to grow 5.5 pc this fiscal: Govt

    India’s GDP is expected to rise to 5.5 percent in the current fiscal from 4.7 percent last year on back of improving macro-economic situation, says the Finance Ministry’s Mid-Year economic review which also flagged fiscal challenges like subdued revenue collections. The review projected that 7-8 percent economic growth was within reach in the coming years […]

    Dip in factory output, low inflation raise rate cut clamour

    In a fresh setback, industrial production saw the sharpest contraction in three years of 4.2 percent in October, though retail inflation dipped to 4.3 percent, putting pressure on RBI to cut rate to boost growth. Factory output as measured by Index of Industrial Production (IIP) declined due to contraction in manufacturing, capital goods and consumer […]