Free Press Journal
  • RBI

    ‘RBI has less stringent norms on systemically important banks’

    New Delhi: Describing RBI’s decision to designate only two lenders — SBI and ICICI — as systemically important as ‘credit negative’ for the banking industry, Moody’s today said the Reserve Bank appears to have followed less stringent norms than other nations. “RBI’s implementation of its domestic systemically important banks (D-SIBs) framework appears less stringent than that of other jurisdictions, which appears to be related to the capital stress that banks in India are

  • Market Crash

    Sensex crashes below 25,000-level in pre-close

    Mumbai: The China nightmare and lingering worries over monsoon tormented markets today when the benchmark BSE Sensex closed below the 25,000-mark for the first time in 15 months, losing 308 points in a day. At 24,893.81, this is the lowest closing in 15 months for the Sensex, which has lost almost all the gains since the relief rally from May 26, 2014, when Narendra Modi was sworn in as the Prime Minister.

  • weakth

    90% employees complain about salary disparity: Survey

    New Delhi: India Inc is being blamed for playing favourites when it comes to pay packages, as 90 per cent of employees feel there is no pay parity in their organisations for the same role and level, a survey says. According to a survey by, the employer rating platform from, employees believe their companies pay external hires and favourites more.

  • Venkaiah Naidu

    Govt decision on Parliament session likely this week

    Hyderabad: The government will take a final decision this week on convening of an extended session of Parliament to get the GST Bill passed, Parliamentary Affairs Minister M Venkaiah Naidu indicated today. The government is keen to go in for extended session but the decision would be taken after completing consultation with the opposition, he said.

  • Yoga

    De-stress and re-live!

    So you have been waiting for the monsoon to rather be regular than just attacking you on the day you finally decide to leave your umbrella home, fooled by the sun rays that seem extra bright.

  • MP to enhance investment policies to compete with East Asia

    Singapore: Madhya Pradesh will use an “ease of doing business” study from a Singapore-based think tank to enhance investment policies to benchmark and compete the East Asian countries, a top official said here today. The study, which will also track the effectiveness of current policies in the state, will be presented by the Asia Competitiveness Institute (ACI) of the Lee Kuan Yew School of Public Policy under a Memorandum of Understanding (MoU) signed

  • samsung Note 5

    Samsung launches Galaxy Note 5 phablet

    New Delhi: Samsung on Monday launched its next phablet – the Galaxy Note 5 – starting at Rs. 53,900 and extending the flagship Note series of smartphones. The phone, which will come in three colours, will have a 64 GB variant priced at Rs. 59,900.

  • Bagla Group, Fontana Gruppo tie-up for fastener biz in India

    New Delhi: Auto components maker Bagla Group has inked a strategic pact with Italy’s Fontana Gruppo to scale up fasteners business in the country. Italy’s Fontana Gruppo and Bagla Group have signed definitive agreements to enter into a strategic partnership for the fasteners business in India, Aurangabad-based Bagla Group said in a statement.

  • Manohar Parrikar

    Parrikar underlines need for indigenous efforts in defence

    Mumbai: Stating that India spends around Rs 3 lakh crore every year on defending its borders, Defence Minister Manohar Parrikar today called for “self dependence” and need for indigenous efforts with regards to ammunition supply in order to take on any eventuality. He was addressing a gathering here while inaugurating the ‘Engineers’ Conclave’ jointly organized by the National Academy of Engineering and Bhabha Atomic Research Centre.

  • Hazara Killings

    Afghan Taliban take apparent dig at IS over Hazara killings

    Kabul: The Taliban have condemned the killing of 13 minority Hazaras as a plot to “breed fault lines”, in an apparent dig at the rival Islamic State group making gradual inroads into Afghanistan.

  • Thailand, Fishermen

    Thailand works to free fishermen

    Bangkok: A Thai delegation is interacting with the Indonesian government to free Thai fishermen detained for illegally entering the country’s waters, a media report said on Monday. Hundreds of fishermen were arrested last year for violating local laws on fishing, after Jakarta cancelled a concession for foreign fishing boats, the Bangkok Post reported. Around 1,400 have been repatriated following Bangkok’s intervention, but many are still languishing in prison. It is unclear how

  • Syrian Refugees

    Germany to make extra 6 bn euros available for refugees

    Berlin: Germany, which is currently opening its doors to a record number of refugees, will make an additional six billion euros (USD 6.7 billion) in public funds available next year to cover the cost of looking after them, the ruling coalition parties decided today.

  • tractor beam

    NASA to create Star Trek-style ‘tractor beam’

    Washington: NASA has joined hands with an American technology company to develop a Star Trek-style ‘tractor beam’ that can manipulate objects in space. The tractor beam would be able to attract one satellite to another or drive them apart, using electromagnetic energy. The technology could also divert dangerous space debris that may threaten spacecraft. NASA has teamed up with Arx Pax, a California company that turned Marty McFly’s levitating skateboard from the film ‘Back to the

  • , teeths

    Anaesthetics may harm your child’s teeth: study

    London: Parents, take note! Use of local anaesthetic in dental surgery may affect tooth cell growth and the development of your child’s teeth, a new study has found for the first time.

  • China stock

    China stock regulator mulls index circuit breaker system

    Beijing: Mechanisms such as a circuit breaker are needed to deepen reforms, improve the legal framework and enhance market supervision to prevent further abnormal fluctuations, China’s securities’ regulator has said. A stock market rout since mid-June, which had chopped the benchmark Shanghai Composite Index by more than 38 percent by Wednesday, exposed many problems, including insufficient regulation and supervision as well as excessive short-term speculations, the China Securities Regulatory Commission (CSRC) said

  • Kourtney Kardashian

    Kourtney Kardashian looking for new home?

    Los Angeles: Reality TV star Kourtney Kardashian is reportedly on the hunt for a new bachelorette pad following her split from her partner of nine years, Scott Disick. The 36-year-old star, who broke up with Disick in July, believes buying a new home will help give her and their three children, Mason, five, Penelope, three, and Reign, eight months, a fresh start, reported OK! magazine.  “Up until now, everyone thought Scott was going to slowly