APN News

  • Sunday, September, 2021| Today's Market | Current Time: 03:10:11
  • FM optimistic of economy growing over 8.75 pc in FY11

    Finance Minister Pranab Mukherjee on Thursday exuded confidence that the Indian economy will post better growth than 8.75 per cent this fiscal, as projected by the economic survey. “I am optimistic that at the end of this year we will be able to surpass our GDP growth forcast of 8.5-8.75 per cent given in the […]

    Bloomberg Global Poll: China Won’t Let Yuan Rise Soon in Poll Signaling No. 1 Economy

    New York, United States — Most global investors expect China to become the world’s biggest economy over the next two decades, and they are divided over whether that will help or hurt the economies of other industrialized countries. There’s also a strong consensus that China won’t move very aggressively to increase the value of its […]

    US recession longest since World War II: Report

    A report has concluded that the US recession lasted 18 months and was the most prolonged since World War II. The National Bureau of Economic Research said the recovery began in June 2009 while the recession began in 2007. The report said the previous longest postwar recessions in 1973-75 and 1981-82 both lasted 16 months. […]

    ONGC market cap crosses Rs 3 lakh-crore mark

    State-run Oil and Natural Gas Corporation’s (ONGC) market valuation on Tuesday topped the Rs three lakh-crore mark, a feat achieved only by industry heavy weight Reliance Industries before. In line with the broader market, shares of ONGC on Tuesday surged nearly one percent to touch an intra-day high of Rs 1,415 thus, fuelling the market […]

    Private Sector expected to Contribute 40% in Power Sector: Shinde

    Ottawa: Inviting Canada to be partner with India in its adventure towards Power Sector reforms, Union Power Minister, Shri Sushil Kumar Shinde has said India’s power sector presents an opportunity for investment in all its segments as we seek to not only put in greater capacities but also strive to indent the latest technologies across […]

    Prime Minister Reviews Financial Inclusion Efforts

    Prime Minister Dr. Manmohan Singh reviewed the progress towards Financial Inclusion by banks in India with Dr. D. Subbarao, Governor, Reserve Bank of India, and Shri R. Gopalan, Secretary (Financial Services). Deputy Governors RBI, Mrs. Usha Thorat and Dr. K.C. Chakrabarty were also present. PM was briefed on the efforts being made by banks to […]

    India to G20: Coordinate policies against protectionism

    At a time when states in the US are embracing policies that reek of protectionism, India asked a grouping developed and developing economies to act towards keeping trade open and ensure financial stability. “The immediate spheres of such coordination (between G20 member countries) are macroeconomic policies and exit strategies, pace of regulatory reforms to ensure […]

    Govt clears 11 new SEZ proposals

    The government on Thursday cleared 11 new proposals to set up special economic zones, including those of Infosys and Wipro. In its meeting in New Delhi, the inter-ministerial Board of Approval (BoA) also approved India’s largest stainless steel producer JSL’s proposal to surrender its sector-specific SEZ in Orissa, Commerce Ministry Additional Secretary D K Mittal […]

    Major economies forum meeting in New York next week

    Representatives of 17 major world economies, including India, will meet in New York next week to discuss climate change and clean energy issues on the sidelines of the UN General Assembly session. The two-day meeting in New York City on 20th September and 21st September would be chaired by the Deputy National Security Advisor for […]

    Record High New Hong Kong Company Registrations Indicates Positive Outlook on the Local Economy: GuideMeHongKong.com

    Hong Kong S.A.R : The Hong Kong Companies Registry recently announced the incorporation of the 1,500,000th Hong Kong company, marking a milestone in Hong Kong company incorporation activity. The sharp rise in newly registered companies in Hong Kong is reflective of positive business sentiment and growth of the local economy, reports GuideMeHongKong.com. Further analysis by […]