APN News

  • Sunday, January, 2022| Today's Market | Current Time: 04:09:26
  • Kharif foodgrain production to go up 6 pc to over 114 mn tonne

    India’s foodgrain production for this year’s kharif season is estimated to go up by nearly 6 per cent to 114.63 million tonnes, Parliament was informed on Tuesday. “As per the first advance estimates for Kharif 2010, the foodgrains production is estimated to be 114.63 million tonnes against 103.84 million tonnes as per fourth advance estimates […]

    ITGA: Study Shows That Latest WHO Recommendations Are Set to Cause Economic Devastation in Africa

    Portugal : An independent Economic Impact Assessment (EIA) Report issued on November 4, 2010 concludes that 3.6 million jobs in the tobacco-growing sector in five poverty-stricken African countries are at serious risk because of the World Health Organization’s (WHO) proposals. The EIA Report, “The role of burley tobacco in African economies and the expected impact […]

    India, China, Brazil become ‘major players’ at IMF

    India and China received long-sought recognition on Friday as global economic heavyweights as the International Monetary Fund gave them and other emerging powers a significantly larger role in stabilising the world economy. IMF chief Dominique Strauss-Kahn announced planned reforms to the fund’s voting power after a meeting of the organization’s board, declaring that no longer […]

    World Bank cautions China about slowdown in global exports

    World Bank has cautioned China that an expected slowdown next year could hit its export driven economy and asked it to accelerate process to change its economic growth pattern to increase the domestic consumption. “In China we see a quite different economic growth pattern this year and last because of both domestic and external reasons,” […]

    G-20 business summit to draw 120 CEOs worldwide

    More than a hundred top entrepreneurs from across the world will get together in Seoul next week to discuss ways of promoting global economic growth. The local organising committee said on Tuesday a total of 120 chief executive officers, including major entrepreneurs, heads of financial institutions and tech moguls, will attend the Seoul G-20 Business […]

    Pranab asks States to revamp PDS to protect poor from inflation

    Finance Minister Pranab Mukherjee has asked states to revamp the public distribution system to protect the poor from inflation. Talking to reporters at Jangipur in West Bengal Mukherjee said the government programme for providing subsidised rice and wheat to 6.5 crore below poverty line or BPL families can be successfully implented only if the public […]

    Implementation of Twenty Point Programme Needs Focused Attention-Jaiswal

    The Minister of State for Statistics and Programme Implementation Sriprakash Jaiswal on Thursday complemented the states for effective implementation of the Twenty Point Programme-2006 of the Central government. Inaugurating the review meeting of the Twenty Point Programme-2006 programme aimed socio-economic development of the country under which schemes like poverty eradication, food security, housing for all, […]

    Inflation dips to 16.62 from 18.05

    The WPI [with base year 2004-05] for the week ended 16th October, 2010 in respect of ‘Primary Articles’ and ‘Fuel & Power’ is given below: PRIMARY ARTICLES (Weight 20.12%) The index for this major group declined by 0.4 percent to 181.0 (Provisional) from 181.8 (Provisional) for the previous week. The annual rate of inflation, calculated […]

    Food inflation down sharply to 13.75 pc on improved supplies

    Food inflation declined sharply to 13.75 percent for the week ended  16th October, on improved kharif supplies and fall in prices of certain vegetables, especially potatoes and onions. Food inflation fell by 1.78 percentage points to 13.75 percent during the week, from 15.53 percent for the week ended on 9th October, government data showed. This […]

    Growth rate to revert to 9% soon; inflation area of concern: FM

    Finance Minister Pranab Mukherjee exuded confidence that economy would shortly revert to 9 pc growth rate but identified rising prices as a major concern, although inflation has declined to 8.6 pc from double digits in June. For India, the ideal inflation rate would be 4-5 percent although it may be difficult to attain, the minister […]