Free Press Journal
  • The centre of gravity of billionaires could shift

    In India, there is a saying that if the first generation creates wealth, the second tries to build on it, but the third, invariably squanders it.  In Italy, there is a similar saying “from the stable to the stars and back again”. In Scotland, it is “the father buys, the son builds, the grandchild sells,…

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  • Belgium Ambassador to India Jan Luykx: Our relations with India have become intense over past decades

    Belgium, India’s second largest trading partner in the European Union, will commemorate 70 years of diplomatic ties with India, with a state visit to India, by the Belgian King between November 5, 2017 and November 11, 2017 Belgium, the tiny, yet centrally located European nation, chocolatier to the world and a global hub for diamonds,…

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  • Religion and the quest for peace

    This year marks the 500th year of the Reformation in Christianity. It was a major change that caused a split within the ranks of Christianity. The origins lie in the ninety-five theses that a priest named Martin Luther nailed to the church doors. Each of them asked the Papal authorities to explain the divergences between…

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  • What do rentals say about Maximum City Mumbai?

    Ask most people about expensive cities.  They will tell you that New York is an expensive place to stay in. Or London. Or even Tokyo. In fact, if you look closely, both London, Tokyo and New York don’t even figure in the 10 most expensive cities in the world (see chart). Their real estate rentals…

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  • Will robots take your job? Well, that depends. . .

    At the recently concluded World Economic Forum (WEF) conference, one topic that caught the imagination of almost everyone was “Artificial Intelligence and Robotics” (https://www.weforum.org/agenda/archive/artificial-intelligence-and robotics/?utm_ content= buffer55b47utm_medium=social &utm_source=twitter.com&utm_campaign=buffer). More oil over the fire was poured by Jack Ma of Alibaba who said that even CEOs could be replaced by robots (https://twitter.com/wef/status/920572853401083905?s=08). Ma believes that companies…

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  • Gold we trust, but market uncertain

    Gold markets continue to be poised on the tip of uncertainty.  There is all round confusion. There is no faith in oil prices – they could fall to as low as $25.  There is little faith in countries either.  The protectionist policies being pursued by the US could render it less competitive than before, and…

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  • Look up Mr Modi, the sun is shining

    Mr. Modi’s biggest headache is creating jobs.  Look at the table alongside. During 2015 and 2016, India created just 277,000 jobs.  This was lower than the number of jobs created in 2009-11. True, all the blame cannot be put at the government’s doorstep.  There was an economic slowdown already underway. It only got exacerbated by demonetisation, the…

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  • Jan Aushadhi could disrupt domestic pharma market

    This is like many other schemes that the previous government merely talked about, introduced, and then forgot. The Jan Aushadhi (literally translated as medicine for the people) is one for which the current government should be lauded. It has the potential to disrupt the $15 billion market for pharmaceutical products in the country. It was…

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  • The absurd posturing of the anti-GM lobby

    In fact, a close examination of developments on the ground shows up how absurd the stand of the anti GM lobby is.  And nothing brings out this absurdity as the case of mustard and other edible oils. Consider India’s edible oil imports. A significant part of it is soybean oil and rapeseed oil. What people…

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  • World Tourism Day celebration – Serving Global Citizen

    The World Tourism Day celebration was started by the United Nations World Tourism Organization in the 1980 which is celebrated every year on September 27. According to United Nation’s specialised agency, UNWTO, this year’s World Tourism Day will focus on ‘sustainable tourism – a tool for development’. Keeping up with theme of tourism, Free Press…

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  • FDI: Mixed smoke signals continue to perplex

    If one looks back, 2014 was a year when many people had a great deal of hope and expectation.  The idea of less government, more governance was music to the ears. That euphoria appears to have faded.  But it isn’t dead.  Not yet.  Not so soon. The latest charts from Credit Suisse suggest that things…

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