APN News

  • Thursday, March, 2024| Today's Market | Current Time: 12:45:05
  • Growth in export market imperative for US economy: Obama

    Noting that export orders of worth USD 10 billion from India contributed to over 50,000 jobs in the US, President Barack Obama said growth in export market imperative for US economy. Obama, in his address to the President’s Export Council at the White House which discussed the ways to promote a strong and growing economy, […]

    Food inflation rises marginally to 8.69 pc

    A week after declining to an 18-months low, food inflation rose again, albeit marginally, to 8.69 per cent for the week ended 27th November on back of rise in prices of rice, onions, fruits and milk. Food inflation in the previous week stood at 8.60 per cent, which was the lowest since May last year. […]

    Crisil revises upward GDP forecast to 8.6 pc

    On a day when the govt revised its economic growth forecast to 8.75 pc for the current fiscal, ratings firm Crisil also said the country’s GDP is likely to grow by 8.6 pc, up from its previous expectation of 8.2 pc. “Crisil has revised India’s growth forecast upwards to 8.6 per cent for 2010-11 in view […]

    Inflation to fall to 7.5% in Nov: Basu

    Top Finance Ministry advisor on Tuesday said inflation would fall to 7.5 per cent in November, data for which will be released next week, from 8.58 per cent in the previous month. “My forecast for overall inflation for November is 7.5 per cent,” Chief Economic Advisor Kaushik Basu told reporters after the tabling of Mid-Year […]

    Augment domestic output to deal with food inflation: Montek

    Warning that global commodity prices are likely to remain under pressure, the Planning Commission on Tuesday said that efforts would be needed to augment domestic food production to deal with the price situation. “In the longer run, we are moving into a global situation where food prices are likely to be under pressure and the […]

    It is for states to supply of foodgrains under PDS: Pawar

    Food and Agri Minister Sharad Pawar has said the onus of supplying foodgrains meant for poor lay with state govt while stating it was for the court to take appropriate decision on an alleged food scam in Uttar Pradesh. “My job is to procure (foodgrains) and allocate it to the states. The states’ job is […]

    Govt expects economy to grow by 9 pc in 2010-11

    On the back of faster economic expansion in the first half, the government has said the growth rate could cross 9 percent in the current fiscal itself and revert to the pre-crisis levels. It is estimated that growth in 2010-11 will be 8.75 percent with 0.35 percent variation on either side. The range indicates the […]

    FMC: A Year of Unprecedented Performance

    Our Special Correspondent His performance speaks for him. Mr. B C Khatua IAS, the man in command of the Forward Markets Commission, has successfully placed the Indian commodity market on top. In little less than three years of his tenure as Chairman of the Regulator, the domestic commodity futures market has registered  a whopping 300% growth- […]

    India No.1 in Swiss Accounts; More Than the GDP

    By Geetha V P It is astounding. The ill-gotten riches from India stashed in one single foreign bank amounts to 115% of our GDP and more than 7 times of the country’s external debt. According to a Swiss Banking Association report India tops with $1,456 billion among the  list of countries having bank deposits in the […]

    Food inflation falls to 4-month low at 8.6 pc

    Food inflation fell to four months’ low at 8.60 per cent for the week ended 20th November, as prices of vegetables, wheat and pulses declined on increased output and arrival of kharif crop in the market. Food inflation in the previous week was 10.15 per cent. This is the seventh consecutive week of decline in […]