Free Press Journal
  • Moving towards softening interest rate environment: Kochhar

    New Delhi: With inflation under control, lending rates will gradually come down as India is moving towards softer interest rate environment, largest private sector lender ICICI Bank CEO Chanda Kochhar said today. ICICI Bank was the first lender to start cutting base lending rates, she said adding “a lot of transmission” of monetary easing to borrowers has already happened.

  • Donald Trump

    Citizenship becomes issue in US presidential race

    Washington: The debate over birthright citizenship has been given a key role in the 2016 US presidential contest by Republican hopeful Donald Trump, who raised the issue in his radical immigration plan.

  • Vedanta’s Goa mine may restart iron ore export to China

    Panaji: Vedanta’s iron ore division in Goa is expected to resume exports to China after a lull of three years. Representatives of steel manufacturing mills from China’s Jiangsu province and Tangshan area are currently in Goa to have discussions with officials of Vedanta’s subsidiary, Sesa Iron ore.

  • Morgan-Freeman_EDena-Hines

    Boyfriend of Morgan Freeman’s granddaughter arrested

    New York: The boyfriend of actor Morgan Freeman’s step-granddaughter was arrested here for the murder of 33-year-old E’Dena Hines, US media outlets said. Lamar Davenport, 30, is suspected of stabbing Hines 16 times outside her apartment building in New York’s Washington Heights neighbourhood, police officials said on Monday.

  • China,Iran, nuclear power plants

    US nuclear materials plant closed after explosives inspection

    Miami: A South Carolina nuclear material processing plant was locked down for several hours after authorities inspected potential explosive residue. Precautions were taken after bomb dogs and electronic scans indicated possible explosive residue on a delivery truck, the Savannah River Site nuclear reservation said in a statement yesterday.

  • Trump sounds death knell to H 1B visas

    Washington: Republican presidential frontrunner Donald Trump has sounded death knell to the H-1B visas by proposing to raise the minimum wage for this most popular work visas for Indian technology professionals as he released his policy of putting American workers first.

  • US Stock

    US stocks end higher amid mixed data

    New York: US stocks reversed early losses to close higher as investors digested mixed economic reports. The Dow Jones Industrial Average rose 67.78 points, or 0.39 percent, to 17,545.18. The S&P 500 increased 10.90 points, or 0.52 percent, to 2,102.44. The Nasdaq Composite Index jumped 43.46 points, or 0.86 percent, to 5,091.70, Xinhua reported on Monday.

  • Tax

    Cairn to seek damages from Govt for tax notice

    New Delhi: Strongly contesting a Rs 10,247-crore tax demand raised on its eight-year old internal business recognition, British oil explorer Cairn Energy today said it will seek damages from the government for the loss in value of its holdings suffered because of the notice. The firm said it has initiated arbitration for resolution of the tax demand linked to 2006 reorganisation of Cairn India, its one-time Indian subsidiary with oilfields in Rajasthan.

  • moody's

    Moody’s lowers India’s growth forecast to 7 percent

    New Delhi: Fears over deficient rains in the current monsoon season and gradual progress of reforms have prompted global credit ratings agency Moody’s to lower India’s growth forecast for this year by 50 basis points to 7 percent.

  • Think tank for tax research launched

    Bengaluru: Eminent economists, industry leaders and experienced tax professionals launched International Tax Research and Analysis Foundation (ITRAF) here to execute research and analysis in international taxation.

  • Germany urges Minsk accord implementation in Ukraine

    Berlin: Germany described the situation in eastern Ukraine as “explosive” and called for immediate compliance with the Minsk agreement, which it sees as the only viable way forward, while others consider the treaty a lost cause. Germany is unwilling to admit that the Minsk agreement is nothing more than a part of history, German foreign ministry spokesman Martin Schafer said on Monday.

  • US Dollar

    US dollar rises

    New York: The US dollar went up against most major currencies amid the country’s mixed economic data. The August Empire State Manufacturing Survey released by New York Fed on Monday said business activity declined for New York manufacturers, reported Xinhua.

  • Odisha House pays tribute to Kalam, J B Patnaik and others

    Bhubaneswar: The Odisha Assembly today paid rich tributes to former President of India A P J Abdul Kalam and former Odisha Chief Minister J B Patnaik among eight others on the first day of its monsoon session. The House was adjourned for the day soon after convening and paying tributes to Kalam and others. “Dr Kalam was the pride and prestige of the country, a dedicated scientist and an able administrator. His contribution

  • Office of dentist who killed Cecil the lion reopens

    Minneapolis: The dental practice of a Minnesota man who killed a well-known lion in Zimbabwe has reopened. Walter Palmer’s River Bluff Dental said in a tweet yesterday that it was beginning to see patients again. The tweet said Palmer wasn’t at the office. Palmer’s office in suburban Minneapolis had been closed since late July after a barrage of criticism for Palmer over the killing of a protected lion named Cecil.

  • Cong MP Naik accuses media of being biased towards BJP

    Panaji: Congress leader Shantaram Naik today accused the media of being ‘biased’ towards the BJP while reporting the recent events in the Parliament. Referring to the coverage of protests by Congress during the recently concluded Parliamentary session, the Rajya Sabha MP said the media only criticised the Congress for being responsible for complete washout of the monsoon session, though BJP in the past too had done the same.

  • Bollywood music not a hit on Indian fashion runways

    New Delhi: There’s instrumental music, jazz, original soundtrack, western classical, live and more, but Bollywood songs are increasingly being given a miss at fashion galas in India. For some fashion designers, Hindi songs “distract” the audience and for some they don’t suit the mood of the collection.

  • Sushma-Swaraj

    CPI(M) leader questions PM’s silence on charges against Swaraj

    Puducherry: CPI(M) has questioned the ‘continued silence’ of Prime Minister Narendra Modi on charges against External Affairs Minister Sushma Swaraj in the Lalitgate issue even as there have been rising demands to drop her. K Balakrishnan, MLA, also CPI-M’s central committee member, said the country was witnessed scams and corruption on a wider scale during the previous Congress led UPA rule. The 10 year rule by Congress at the Centre had only

  • Woman believed to be oldest US veteran dies at age 110

    West Bloomfield (US): A woman who was believed to be the oldest US veteran at 110 has died, about a month after meeting President Barack Obama in the Oval Office. Emma Didlake died Sunday in Michigan, northwest of Detroit, according to a medical examiner’s office. Didlake was a 38-year-old wife and mother of five when she signed up in 1943 for the Women’s Army Auxiliary Corps. She served about seven months stateside during the war, as a private and driver.