Free Press Journal
  • Raghuram Rajan

    Rajan says CPI target band could tighten in 5-10 years

    Mumbai: Reserve Bank Governor Raghuram Rajan has said the target band for retail inflation could tighten much further in the future as the central bank becomes more comfortable with it. “Going forward, we will seek to bring inflation to the mid-point of the band of 4+/-2 per cent provided for in the monetary policy framework agreement, i.e., to 4 per cent by the end of a two-year period starting FY17,” Rajan had told

  • Nomura says policy rates touch neutral, sees no cuts till 2017

    Mumbai: With the second surprise 25 bps repo rate cut by the Reserve Bank on March 4, the policy rates have reached neutral and the average policy rate over the next three years should be around 7.4 per cent, says a report. “Based on our inflation and growth forecasts, and the RBI’s inflation targets, we estimate that the average policy rate over the next three years should be around 7.4 per cent as

  • IBA, insurers to meet soon on new insurance, pension schemes

    Mumbai: The umbrella lobby group of the lenders, Indian Banks Association (IBA), is likely to convene a meeting with insurers shortly to discuss the implementation of the various insurance and pension schemes announced in the Budget. “Our next meeting will be held with the IBA to finalise the implementation of various insurance and pension schemes announced in the Budget. The meeting will held shortly here,” a senior official of New India Assurance said.

  • India, Lanka discuss FTA implementation, trade issues

    Colombo: Ahead of Prime Minister Narendra Modi’s visit here, India and Sri Lanka have discussed the implementation of a free trade pact and stepping up economic cooperation while addressing issues of trade imbalance.

  • Swine flue

    Swine flu claims 7 more lives in Rajasthan; toll crosses 300

    Jaipur: Swine flu has claimed seven more lives in Rajasthan in the last 24 hours taking the toll due to H1N1 virus to 302. Of the 302 deaths, maximum 57 deaths have occurred in the state capital from January 1 to March 5, a report of state medical and health department said today. As many as 5,856 people have been tested positive for swine flu this year out of total sample collection of

  • Railways launch portal, mobile app for complaints

    Hyderabad: The Indian Railways have launched a web portal and a mobile application for customers to lodge their complaints and make suggestions. The mobile app based on android/windows platform can be freely downloaded. One can also track the status of the complaints registered.

  • Revoke ban on BBC documentary: Editors Guild of India

    New Delhi: Editors Guild of India today appealed to the government to revoke the ban on the telecast of the BBC documentary, depicting the aftermath of the brutal gangrape and murder of Nirbhaya in 2012, saying the move was “wholly unwarranted”. The Guild said in a statement here that the documentary, ‘Storyville: India’s daughter’, portrayed the courage, sensibility and liberal outlook of a family traumatised by the brutality inflicted on their daughter, the

  • Know how cadmium causes toxicity

    Melbourne: A new research has uncovered how the metal cadmium, which is accumulating in the food chain, causes toxicity in living cells. The new research shows how cadmium disrupts the transport of the essential metals manganese and zinc into and out of cells.

  • Budgeting helps you curtail costs

    Washington: Creating a budget will help you prioritise and make you more productive, shows a new study. “Budgeting makes it very clear how much you have to spend, making it difficult to deceive yourself into thinking you can accomplish more than you can. This forces you to make tradeoffs sooner, before the situation is too dire,” said Philip M. Fernbach, Christina Kan and John G. Lynch Jr. from the University of Colorado.

  • Nirbhaya

    Ban on “India’s Daughter”: Don’t shoot the messenger

    India’s ban on a BBC documentary on the gang rape of an Indian woman has drowned out the real issues in a chorus of righteous protests over the “wrongs” done by foreign media – the plight of women in India.

  • Jihadist al-Nusra Front commander killed in Syrian air strike

    London: Syria’s militant group al-Nusra Front has confirmed the death of its military chief in an air strike in northern Idlib province. The jihadist group, an affiliate of al-Qaeda in Syria, conceded that three other leaders were killed along with Abu Homam al-Shami. A local news agency said that Nusra leaders were killed in a ‘unique operation’ carried out by the Syrian army in the al-Habit area, the BBC reported.

  • Nawaz-Sharif

    Pakistan’s ruling party wins big in upper house polls

    Islamabad: Consolidating its grip on power, Prime Minister Nawaz Sharif’s ruling PML-N has won 18 out of the 48 seats being contested for in the Senate elections marred by controversies and allegations of vote buying. According to unofficial results, PML-N got the lion’s share in the polls, winning 18 seats but still has 26 senators in the in the 104-member House, one behind the Pakistan People’s Party (PPP) that has 27 senators.

  • NITISH Kumar

    Nitish not celebrating Holi, people miss Lalu

    Patna: Bihar Chief Minister Nitish Kumar is not celebrating Holi following the death of former chief minister and senior JD-U leader Ram Sundar Das. “Nitish Kumar has decided not to celebrate Holi due to death of Das,” an official said.

  • ‘State Department reviewing if Clinton violated govt policies’

    Washington: The US State Department is reviewing whether former Secretary of State Hillary Clinton violated any policies of the federal government while using her private emails for official use, a media report has said. The State Department is currently reviewing some 55,000 pages of emails which were turned over to it by personal staff of Clinton, the Washington Post reported.

  • India pack West Indies for 182 at WACA

    Perth: Indian bowling unit continued its splendid show as it bundled out a below-par West Indies for a paltry 182 in a group league match at the ICC Cricket World Cup, here today. Indian bowlers once again dominated the proceedings from the start once Jason Holder elected to bat on a fast and bouncy WACA strip.

  • Teesta Setalvad

    HRD min sets up panel to probe misappropriation charge against Teesta NGO

    New Delhi: The HRD Ministry has set up a committee to probe alleged misappropriation of funds received under the Sarva Siksha Abhiyan by an NGO run by activist Teesta Setalvad, who is facing heat along with her husband in a separate case of embezzlement.

  • Normalcy returning to Dimapur

    Guwahati/ Dimapur: The situation in Nagaland’s commercial hub Dimapur was slowly returning to normal on Friday even though section 144 continues to be in force in and around the town. Tension had gripped Dimapur Thursday after a mob broke into the Central jail in the town, killed a rape accused and hung his body at Clock Tower.

  • 34 tribal students taken ill due to suspected food poisoning

    Rajahmundry: At least 34 tribal students were hospitalised for suspected food poisoning in East Godavari district of Andhra Pradesh after consuming a meal at their hostel, officials said today. The students were admitted to the government general hospital here last night after they began vomiting and complained of stomach pain following the mid-day meal at the government run tribal welfare hostel at Potavaram village, said Vijayaramarao, the in-charge project officer of Integrated Tribal Development

  • Rs.46.70 lakh cash got by selling stolen laptops attached

    Chennai: Enforcement Directorate today said it has attached Rs.46.70 lakh cash received by a four-member gang by selling 339 laptops they had allegedly stolen from the airport cargo complex here. Six pallets containing 341 laptops of Hewlett Packard India was allegedly stolen from the cargo complex here by four men– Janakiraman, Ezhilarasan, Chelladurai and Premkumar– and 339 were sold, an official release said.

  • Sawant dubs Dimapur incident as ‘revenge’ upon violence against women

    Mumbai/ Bangalore: Former NCW member Nirmala Sawant said the Dimapur incident was revenge upon the violence taking place against women, adding that the police should ensure that such people are not protected. “Why they did that? They did not do it for themselves, they took revenge upon the violence taking place against the women,” said Sawant.