APN News

  • Sunday, September, 2021| Today's Market | Current Time: 03:10:15
  • US Says Yes To United, Continental Merger

    The US Justice Department on Friday approved a merger between United Airlines and its rival Continental Airlines, a deal that would create the world’s largest carrier. “The department has closed its investigation into the proposed merger of UAL Corporation, the parent of United, and Continental,” the department said in a statement. “The proposed merger would […]

    Parliament approves Bill on FDI regulation

    Parliament has given its seal of approval to an important Bill aimed at strictly regulating Foreign Contributions to individuals and organisations. The contributions include both gifts and funds. The Foreign Contribution (Regulation) Bill also seeks to prohibit acceptance and utilization of foreign contributions or foreign hospitality for any activity detrimental to the national interest. The […]

    ‘Chinese Investment, a Real Threat to US National Security? ‘

    The United States has repeatedly blocked investment from Chinese companies on national security grounds, a protectionist move that will only harm its own interests, analysts say. Eight U.S. congressmen recently asked the Obama administration to scrutinize a deal between Chinese telecom equipment giant Huawei and the American operator Sprint Nextel on national security grounds. It […]

    Fed For Further Steps to Boost Economy

    US Federal Reserve chairman Ben Bernanke said Friday that the Fed is ready to provide additional monetary accommodation if the economic outlook continues to worsen. “The committee is prepared to provide additional monetary accommodation through unconventional measures if it proves necessary, especially if the outlook were to deteriorate significantly,” Bernanke said at the Fed annual […]

    Cabinet consent to DTC bill; exemption limit lifted to Rs. 2 lakh

    In a move that could leave more money in the hands of people, the Government proposed to raise exemption limit on income tax from the present Rs 1.6 lakh to Rs 2 lakh, the bill also seeks to remove surcharge and cesses on corporate tax, which could provide relief to business houses. The Cabinet approved […]

    Food inflation falls to 10.05 pc in second week of Aug

    Annual food inflation fell for the second straight week, to 10.05 per cent for the week ended 14th August, as prices of vegetables like potato and onion declined.  Food inflation had softened to 10.35 per cent for the week ended 7th August against 11.40 per cent in the previous week.  On an yearly basis, potato […]

    Triveni Infrastructure partners development of Faridabad

    Faridabad:  Following its tradition of providing a dream home to the ‘common man’, Triveni Infrastructure offers affordable Group Housing edifice at, ‘Triveni Galaxy’. Nested in lush green landscaped surroundings, the project covers an area of about 40 acres.  It aims at being an attractive option for the middle and higher middle class satisfying their aesthetic […]

    Inflation falls to single digit at 9.97 pc in July

    Wholesale price-based inflation fell to single digit at 9.97 percent in July, owing to decline in prices of certain food and non-food items. The inflation was at 10.55 percent in June, while for April it was revised upwards to 11.14 percent from the provisional number of 10.16 percent. Inflation was in double digits at over […]

    Japanese Economy Grows Annualized Rate of 0.4 Percent in Q2

    Japanese economy grew an annualized rate of 0.4 percent in the past quarter from April to June, expanding for the third consecutive quarter, the government said Monday. But the result fell short of economists expectations of an annualized growth of 2.3 percent and a 0.6 percent rise on quarter in a Kyodo News survey. The […]

    Poor worst affected by price rise, says PM

    Admitting that poor people are the worst hit due to rising food prices, Prime Minister Manmohan Singh on Sunday said the government is making every effort to control inflation, which has been over 10 per cent for last several months. “It is the poor who are the worst affected by rising prices, especially when the […]