Free Press Journal
  • rbi

    Ten entities get RBI’s nod for small finance bank licence

    Successful applicants include Jalandhar-based Capital Local Area Bank, Bengaluru-based Janalakshmi Financial Services, Au Financiers (India) Ltd, Disha Microfin Pvt Ltd, Equitas Holdings P Ltd, ESAF Microfinance and Investments, RGVN (North East) Microfinance, Suryoday Micro Finance, Ujjivan Financial Services and Utkarsh Micro Finance.

  • RBI eases norms for banks to grant loans to CEOs, directors

    MUMBAI  : The Reserve Bank of India allowed banks to grant loans and advances to their chief executive officers and whole-time directors without seeking the regulator’s prior approval as long as the funds are part of a board-approved compensation policy.

  • PFRDA pitches for investing 50% pension funds in stocks

    New Delhi : The Pension Fund Regulatory and Development Authority (PFRDA) asked the Centre to raise the limit of government employees’ pension funds in the stock market up to 50 %.

  • E-commerce bubble will burst soon: Bahl

    Mumbai : The e-commerce bubble is likely to burst sooner than later as businesses run on profits and not on ideas, former MD of Network18 Raghav Bahl said.

  • USFDA warns Pan Drugs

    New Delhi:  US health regulator has issued a warning to Gujarat-based Pan Drugs over “significant deviations” from good manufacturing norms at its Vadodara plant.  In a letter to the MD and chairman of Pan Drugs, Kamal Pandya, the US Food and Drug Administration asked the firm to notify within 15 working days of receipt of the letter the specific steps taken to correct and prevent the recurrence of deviations.  Until “we receive

  • Blackstone buys back Serco’s BPO division for Rs 2,558 cr

    Mumbai : Global private equity major Blackstone has bought back the BPO business (then known as Intelenet) from Britain’s Serco Group for 250 million pounds (about Rs 2,558 crore), four years after it exited, reporrts PTI.

  • Kansawa photo genuine, insists Mishra

    BHOPAL : PCC spokesman KK Mishra, while interacting with media persons at the PCC office here on Wednesday, said that as the National Investigation Agency (NIA) had been assigned the task of probing the Petlawad blast and a judicial commission has also been appointed, he would prove that the photograph showing prime accused Rajendra Kansawa taking part in an RSS ‘Pathsanchalan’ was genuine. It is the BJP leaders who morph photographs, he

  • Germany, Austria call for EU summit 

    Berlin : Germany and Austria have jointly called for an emergency summit of EU leaders to find a solution to the influx of asylum-seekers into Europe amidst further deepening of the divisions among its members over the the humanitarian crisis. German Chancellor Angela Merkel said after a meeting with her Austrian counterpart Werner Faymann in Berlin that they have proposed to European Council president Donald Tusk to convene a meting of the

  • Here’s why middle class people pursue art more than the wealthy

    London : It is not wealth or social status that inspires middle-class people to play music, paint or pursue art activities as amateurs or professionals. Instead, the love for art purely depends on their educational background, finds an interesting study, reports IANS.

  • Yoga could improve arthritis symptoms, mood

    Washington : Practicing yoga can improve the physical and mental well being of people with arthritis, a painful joint disorder for which there is currently no cure, a new study has claimed, reports PTI.

  • Night blindness found in dogs for first time

    New York: Dogs too can get afflicted with a form of night blindness seen in humans, researchers including one of Indian-origin have found for the first time, a discovery that may lead to a gene therapy for the disorder, reports PTI.

  • Body’s immune system may be the key to treat obesity

    Washington DC : As per a new study, immune cells may help you fight against obesity. While a healthy lifestyle and “good genes” are known to help prevent obesity, indicates that certain aspects of the immune system may also play an important role, says ANI.

  • Lack of exercise ups eye disorder risk

    New York : Heavy smoking, poor diet and lack of exercise can put you at increased risk of age-related macular degeneration (AMD), especially if you have a family history of the blinding eye disorder, says a new study, reports IANS.

  • Govind Pansare murder case: Sanatan Sanstha activist held

    Mumbai :  A man allegedly having links with rightwing outfit ‘Sanatan Sanstha’ was on Wednesday arrested in connection with the killing of veteran Communist leader and rationalist Govind Pansare in February this year. Sameer Gaikwad, in his early 30s, was arrested from Sangli in a joint operation by Kolhapur and local police, based on leads obtained through electronic surveillance.

  • Skin microbes could fight common STDs               

    Washington : A particular microorganism living on the human skin can effectively clear bacteria that cause chancroid, a sexually transmitted disease common in the developing world that has been linked to enhanced HIV transmission, a new study has found. For years, researchers have known that the human skin is home to a diverse community of microorganisms, collectively known as the skin microbiome.

  • Restoration work goes on, over 100 services cancelled

    Mumbai :  The delay in the restoration process of the derailed coaches between Vile Parle and Andheri railway station on the Western line resulted into cancellation of over 100 services on Wednesday, causing inconvenience to thousands of commuters.

  • From Mozart to Subbulakshmi, music therapy fast catching up with Indian docs

    New Delhi : Be it legendary Mozart’s soothing symphonies, mesmerising classical renditions from the doyen of Carnatic music MS Subbulakshmi or tranquil instrumental tunes, music therapy is increasingly being used for patients suffering from depression, anxiety, autism, chronic pain, Alzheimer’s, coronary artery disease and even cancer in India.

  • ‘Smart’ chocolate may help slow brain loss in the elderly

    New York : A novel chocolate made of dietary cocoa extract can promote brain health and prevent age-related neuro-degenerative disorders like Alzheimer’s in the elderly, scientists have determined, reports IANS.