APN News

  • Monday, April, 2024| Today's Market | Current Time: 09:42:36
  • Massive Tax-Evasion through CFT: Nation lost Rs 30, 000 crore a year

    by Our Special Correspondent New Delhi : Commodity Futures Trading (CFT) is being blatantly misused for massive tax evasion. This was revealed by none other than the commodity market regulator FMC (Forward Markets Commission). The Regulator in a recent note has cautioned the exchanges and operators who are into wash trading- an illegal practice where […]

    Kerala police take two Italians into custody in fishermen killing case

    Thiruvandapuram : In Kerala, two Italian naval personnel on board Enrica Lexie, suspected to be involved in the killing of two fishermen off the Kerala coast last Wednesday have been taken into custody by the state Police. The naval personnel Latore Massiniliano and Salvatore Girone will be interrogated by the police at the CISF Guest […]

    India, Saudi Arabia to set up joint defence panel

    Riyadh/New Delhi:  India and Saudi Arabia have looked at ways to enhance bilateral ties during the two-day visit of Indian Defence Minister A.K. Antony and have decided to form a joint committee on defence cooperation to work out the contours of the relationship. Saudi Defence Minister Prince Salman bin Abdulaziz Tuesday met Antony in the […]

    India set to harvest record 250mn tons foodgrains: PM

    New Delhi : Exceeding target, the country is set to harvest a record 250 million tonnes of foodgrains this year, as efforts to push farm growth seem to be paying off, Prime Minister Manmohan Singh said on Wednesday. “Our farmers have done us proud again this year. … but we still have a long way […]

    A first for Pakistan: Gilani indicted for contempt

    Islamabad:  Pakistani Prime Minister Yousuf Raza Gilani was Monday indicted by the Supreme Court for refusing to reopen corruption cases against President Asif Ali Zardari. Gilani, who pleaded innocence, could be jailed for six months or even lose office if convicted. The nattily-dressed prime minister waved to his supporters before entering the court where the […]

    Govt pegs 2011-12 economic growth at 6.9 pc

    The economic growth is likely to fall to a three-year low of 6.9 per cent in 2011-12, mainly due to sharp slowdown in manufacturing, agriculture and mining sectors, against 8.4 per cent expansion in the last fiscal. Agriculture and allied activities are likely to grow at 2.5 per cent in 2011-12, compared to a robust […]

    Russia, China veto UN resolution on Syria killings

    Russia and China vetoed on Saturday an Arab and Western-backed resolution at the UN Security Council calling for Syrian President Bashar al-Assad to step down over his bloody crackdown on a popular uprising. The setback in diplomatic efforts to defuse the revolt peacefully came after world leaders and Syrian opposition activists accused Assad’s forces of […]

    SC on 2G: 122 licenses quashed, Chidambaram case moves to trial court

    The Supreme Court has left it to the trial court to decide on the demand for investigation of the alleged role of Home Min P Chidambaram into the 2G spectrum allocation scam but refused to give direction to CBI on the issue. Disposing of the petitions filed by Subramainan Swamy seeking a direction to the […]

    Seeking probe into corruption is constitutional right of every citizen: SC

    The Supreme Court on Tuesday held that filing of a complaint under the Prevention of Corruption Act is a constitutional right of a citizen and the competent authority should take a decision on giving the sanction within a time frame. If the sanction is not given within four months then it is deemed to have […]

    India needs more youth leaders for nation building: PM

    Prime Minister Manmohan Singh on Saturday said the country needs more youth leaders to infuse creativity, energy and dynamism in different fields of national endeavour. “I have great faith in the youth of our country. I have no doubt that given the right opportunity, they will rise to the occasion.Our country needs many more youth leaders […]