Free Press Journal
  • Can’t ask banks to cut rates,competition will force them:Rajan

    Mumbai: With most banks yet to pass on the benefit of lower interest rates to consumers following the rate cut last month, RBI Governor Raghuram Rajan today said the central bank cannot ask them to lower the rates, but eventually competition will force them to do so.

  • Raghuram Rajan

    Rajan defends status quo, says more easing tied to fiscal data

    Mumbai: Strongly defending RBI’s decision to hold the key rates in the absence of any new data points, Governor Raghuram Rajan today said further rate reductions will depend on the quality of fiscal consolidation and how it aides the disinflationary process.

  • Sensex dips 122 points; banks stocks plunge 

    Mumbai: The benchmark index of Indian equities markets closed Tuesday’s trade down 122.13 points or 0.42 percent, as investors’ sentiments were subdued after the Reserve Bank of India (RBI) decided to keep key interest rates unchanged in its sixth bi-monthly policy review.

  • Six suspected terrorists arrested in Pakistan

    Islamabad: At least six men, suspected to be related to the outlawed Tehreek-i-Taliban Pakistan (TTP), were arrested here during a raid by security forces, a newspaper said Tuesday.

  • Austerity measures triggering suicides in Greece

    London: The introduction of austerity measures in Greece in June 2011 marked the start of a significant, sharp and sustained increase in suicides, to reach a peak in 2012, a study says.

  • Voreqe Bainimarama

    Fiji set to change national flag

    Suva: Fijian Prime Minister Voreqe Bainimarama Tuesday said the country is set to change its national flag as its colonial symbols are no longer relevant.

  • US shifts stance on military aid to Ukraine

    Washington: The US is now considering sending lethal aid to help the Ukrainian government to fend off attacks from pro-Russian rebels in the eastern part of Ukraine.

  • Basistha Narayan Singh

    Distance growing between CM, some Cabinet ministers: JD(U)

    Patna: Bihar JD(U) President Basistha Narayan Singh today accepted that “distance” was growing between the Chief Minister and some of his cabinet colleagues, which he said, should be bridged by Jitan Ram Manjhi.

  • KV teacher sexually exploits Std 12 student, forces abortion

    Lucknow: A 12th grade student of a Lucknow-based Kendriya Vidyalaya was allegedly sexually exploited for two months by her school teacher, who also forced her to terminate a pregnancy, police said today.

  • naxal

    Probe begins in Naxal ambush; “informant” under police lens

    Raipur: A probe has begun into the Maoist ambush in which two policemen, including an SHO, were killed in Kanker district as Chhattisgarh police suspect a “fake informant” possibly mislead the patrolling team into a trap.

  • Kiran Bedi

    Little vision in BJP Vision Document

    The rules of political engagement are changing and so is the political idiom. The poll manifesto has been junked; in its new avatar it is called a vision document. What were earlier euphemistically dubbed as poll pledges or promises have become broad generic ‘goals.’ On the ground, of course, one is as distant as the other.

  • Kumar Vishwas

    AAP expresses unhappiness over BJP vision document

    New Delhi: The Aam Aadmi Party (AAP)  said the Bharatiya Janata Party’s vision document lacked an agenda and wouldn’t deliver on the promise to reduce power prices in the national capital by 30 percent.

  • Man rapes widow

    Coimbatore: A daily wage earner allegedly raped a 37-year old widow in her house in the district, police said today.

  • Agitating students tonsure heads

    Coimbatore: As the sit-in dharna by more 200 students of Forest College and Research Institute (FCRI) in nearby Mettupalayam entered the eighth day today, some male students ‘tonsured’ their head to symbolise the ‘last rites’ to their education, saying it does not have any future.