Free Press Journal
  • Iron_Ore mining

    Maharashtra haven for illegal mining, political funding

    The immediate provocation for this article was a recent discussion on illegal sand mining organised jointly by Moneylife and Awaaz Foundation last fortnight. At the discussion, speaker after speaker bemoaned the inability – or unwillingness – of the state to curb illegal sand mining. This was notwithstanding the good work done by some bureaucrats in…

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  • sebi

    Futures in diamonds: Is SEBI promoting a scam?

    . The report stated that India is a global diamond polishing hub where 14 out of every 15 rough diamonds in the world are polished. It wasn’t long before all this information was picked up by the rest of media. The exchange also stated that it had received an “in-principle” approval from the market regulator…

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  • SBERBANK

    SBERBANK in India: From Russia with love

    Established in 1841, and having evolved into one of the most modern and formidable banks in the world today, it boasts of 16,342 branches in all 83 constituent entities of the Russian Federation. It employs around 3, 30,700 people. Almost 70 per cent of the population of Russia uses the services of this bank. It…

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  • india russia friends

    India-Russia: Friends for 70 Years

    It was in Goa, India, that Russia’s President Vladimir Putin and India’s Prime Minister Narendra Modi adopted a joint statement ‘partnership for global peace and stability’ and the ‘roadmap of events’ to celebrate the 70th anniversary of the establishment of the diplomatic relations between India and Russia on April 13, 2017. And any celebration of…

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  • parking-main

    How to plan for paid parking and paid hawking

    There’s a great deal of heat and dust in Mumbai. And it is not only on account of the weather. One of the issues being debated hotly is the imposition of paid parking. Last week, the municipal corporation unveiled plans to open 330 parking lots across the city (in addition to the 92 pay-and-park sites…

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  • UDAY-Ujwal-DISCOM-Assurance-Yojana

    UDAY and the politics of appeasement and largesse

    In November 2015, the Union government launched the Ujwal DISCOM Assurance Yojana (UDAY). It was a programme aimed at financial turnaround and revival of electricity distribution companies in India. The idea was to rework the Rs.4.3 trillion (Rs.4.3 lakh crore) debt of power distribution companies (DISCOM). The intent was good. But in a political environment…

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  • cowslaughter_reuters2

    Cow belt may not be a place for cows much longer

    Mythology and religious belief talk about how the lands of Uttar Pradesh (UP) are blessed. This is where Lord Krishna, one of the Hindu Gods and an avatar of Lord Vishnu, was born. It was here that he along with his fellow cowherds – Yadavas – tended to cows. Then, when Krishna and his followers…

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  • rbi

    A petition to the RBI: Surging bank charges

    Officials at the Reserve Bank of India (RBI) may be familiar with an image that is being WhatsApp-ed around lately. It says “If you have a gun, you can rob a bank; but if you have a bank, you can rob everyone.” The story of banks robbing people is quite old.  Banks have been known…

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  • 2017-03-16_FPJ-PW-banks-and-their-charges

    Indian banks seek to fatten themselves

    Last week was a turbulent one for the banking industry. It began with the country’s largest bank, State Bank of India (SBI), announcing an increase in cash withdrawal charges for its customers. The SBI chairman stated that the charges became inevitable in order to meet the costs of the soaring number of Jan Dhan accounts….

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  • talk-women-empowerment

    Women’s Day Special – Let’s talk women empowerment!

    Women’s empowerment is more than a social need. It is an imperative for half of the population, a driver of economic growth and a potential curb to crime. On the occasion of Women’s Day, The Free Press Journal and Indo American Chamber of Commerce (IACC) organised a panel discussion on ‘Women Empowerment’. IACC office bearers…

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  • DEBT

    Tales of equity and debt in India since 2014

    India perplexes. That’s an adage that many have grown to live with. And nothing confirms this perplexing picture as the story of equity and debt since 2014 (see chart). Both suggest a story of growth and health.  But pay attention to the unspoken words, and a different picture begins to emerge. It is worrisome. In…

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