APN News

  • Wednesday, July, 2018| Today's Market | Current Time: 08:16:40
  • Rupee gains 19 paise aided by global dollar weakness

    At the foreign exchange market, the rupee firmed up by 19 paise to 67 points 79 against the US dollar today. Yesterday, the rupee had appreciated by 10 paise to close at 67.98 against the American currency. At the stock market, the sensex at the Bombay Stock Exchange fell by 50 points to 35,381 in […]

    Funds collected under GST anti-profiteering rules to be split between Centre, state

    The Centre and the ‘concerned state’ will equally share the amount deposited by erring businesses in the consumer welfare fund set up as part of the GST anti-profiteering rules, as per a Finance Ministry notification. The Government set up a national anti-profiteering authority to penalise businesses for failure to pass on tax benefits to consumers. […]

    Amazon Seller How to Boost Your Income In 2018?

      It’s a million-dollar question- “How do I increase my sales on Amazon?” Despite being one of the most common questions, it’s also one that is not easy to answer. That’s because there is no magic bullet that guarantees to hit the bullseye. You need an interdependent network of tips and strategies to test out […]

    Cabinet approves HDFC Bank’s proposal to raise additional share capital of Rs 24,000 crore

    Union Cabinet today approved the proposal for grant of permission to HDFC Bank to raise additional share capital of up to a maximum of 24,000 crore rupees. The composite foreign shareholding in the Bank will not exceed 74 percent of the enhanced paid-up equity share capital of the bank. Briefing media in New Delhi after […]

    MARG ERP Limited partners with ICICI Bank

    New Delhi : Marg ERP limited, a leading Inventory and Accounting software solution company has partnered with ICICI Bank, India’s largest private sector bank by consolidated assets, to offer an integrated payments platform to Micro, Small and Medium Enterprise (MSME) customers, using MARG’s accounting software.   This integration aims to promote ‘Connected Banking’ and enables […]

    Rupee falls 13 paise to Rs 67.62 against USD

    The rupee fell 13 paise to 67 rupees 62 paise against the US dollar in early trade today. Yesterday, the rupee had closed 7 paise down at 67.49 against the US currency. The benchmark BSE Sensex rose 184 points to 35,877 in early trade.

    RBI Governor asks for more powers to oversee PSBs in view of bad loans

    The Reserve Bank needs more powers to oversee Public Sector Banks (PSBs) amid bad loans in state-run lenders. This was stated by RBI Governor Urjit Patel when he appeared before Parliamentary Standing Committee of Finance in New Delhi today. During the meeting, sources said, the governor faced tough questions from lawmakers on bad loans, bank […]

    All CSCs across the country will become Business Correspondents of Banks: Shri Piyush Goyal

    Union Minister for Electronics & IT and Law Justice, Shri Ravi Shankar Prasad today launched major services in a conference organized by CSC SPV showcasing the impact and progress made by the Village Level Entrepreneurs (VLEs) in promoting rural Wi-Fi network infrastructure. The services that were launched are:- 5000 Digital Villages in India: Through Wi-Fi […]

    RBI increases repo rate by 25 basis points to 6.25 percent

    New Delhi : For the first time since January 2014, the Reserve Bank today announced a 25 basis point hike in the key policy rate. In its second bi-monthly monetary policy review, the six member Monetary Policy Committee headed by RBI Governor Urjit Patel unanimously hiked the policy repo rate by 25 basis points to 6.25 […]

    All about Unit Linked Insurance Plan

    What is a ULIP? A ULIP plan is a type of life insurance plan. ULIP stands for unit linked insurance plan. It is a plan which consists of an insurance plan and an investment plan together under one policy. If an individual takes up a ULIP plan, they will be considered as the investor as […]