Free Press Journal
  • Narendra Modi

    Narendra Modi tells UK Inc it is wiser to be in India today

    London: Assuring a transparent, predictable and an easy policy environment for doing businesses in India, Prime Minister Narendra Modi told Britain’s corporate leaders here that it was wiser today to be in India today, with endorsements no less from institutions such as the World Bank, the International Monetary fund and the World Economic Forum.

  • Aung San Suu Kyi party wins historic poll majority: official results

    Yangon: Aung San Suu Kyi’s pro-democracy party won a majority in Myanmar’s historic polls, according to a tally of official results released today. Her National League for Democracy (NLD) party was awarded 21 further lower house seats by the Union Election Commission, taking its overall parliamentary tally to 348 — sailing through the mark for a basic majority.

  • Narendra Modi UK visit sees business deals worth $14 billion

    London: Prime Minister Narendra Modi’s visit here has seen $14 billion worth of business deals inked by enterprises of the sides, including a $4.4-billion investment by Britain’s OPG Power Ventures to add 4,200 MW capacity of new electricity generation in Tamil Nadu over the next few years.

  • Volkswagen fined for breaching Brazilian environmental regulations

    Brasilia: German automaker Volkswagen was fined 50 million reais ($13.1 million) by the Brazilian Institute of the Environment and Renewable Natural Resources (Ibama) for modifying vehicles to falsely pass environmental regulations, the government announced on Thursday.

  • Aung San Suu Kyi

    UN chief congratulates Suu Kyi, warns of hard work ahead

    United Nations: UN Secretary-General Ban Ki-moon has congratulated Myanmar’s Aung San Suu Kyi on her party’s election performance, but warned that “much hard work” lay ahead to build democracy.

  • Argentina-Brazil World Cup qualifier postponed by rain

    Buenos Aires : Argentina’s home World Cup qualifier against Brazil was postponed on Thursday due to heavy rain that left the pitch submerged under inches of water, Xinhua reported. Match officials called the game off less than an hour before kickoff at the Monumental stadium in Buenos Aires. “There’s no way the game can go on,” assistant Brazil coach Gilmar Rinaldi told reporters.  “Apart from the pitch being under water, the surrounding streets are

  • Chinese Yuan

    Chinese yuan weakens to 6.3655 against USD Friday

    Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, weakened by 27 basis points to 6.3655 against the US dollar on Friday, according to the China Foreign Exchange Trading System.  In China’s spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day, Xinhua reported.  The central parity rate of the yuan against the US dollar

  • US stocks tumble amid rate hike concerns

    New York: US stocks tumbled as worries about a year-end rate hike and a plunge in oil prices weighed on market sentiment.

  • Tokyo stocks fall

    Tokyo stocks fall in early trading

    Tokyo: Tokyo stocks retreated on Friday in early trading as investor sentiment was dampened following declines on Wall Street overnight and prospects for the global economy. As of 9.15 a.m. (local time), the 225-issue Nikkei Stock Average dropped 189.85 points, or 0.96 percent, from Thursday to 19,507.92, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange fell 12.38 points, or 0.78 percent, at 1,581.19, Xinhua reported.

  • Ash Carter

    Top military aide removed from job, under investigation

    Washington: Defense Secretary Ash Carter has suddenly fired his top military aide citing allegations of misconduct, and referred the matter to the department’s inspector general.

  • Oil

    Oil prices dive

    New York: Oil prices plunged after the US Energy Information Administration (EIA) reported a larger- than-expected increase in US crude stockpiles last week.

  • Jihadi John

    US conducts air strike in Syria targeting Jihadi John

    Washington: The US has conducted airstrikes in Syria targeting Jihadi John, the Islamic State’s burly masked executioner seen in videos executing hostages, the Pentagon said.

  • Grief-stricken Hungary edge Norway in Euro play-off

    Oslo: Grief-stricken Hungary edged closer to their first international tournament in 30 years when they defeated Norway 1-0 in the opening leg of their Euro 2016 play-off.

  • Sensex red down

    Sensex down 228 points on weak economic data, global cues

    Mumbai: The benchmark BSE Sensex fell by over 228 points and the NSE Nifty dipped below the crucial 7,800- mark in early trade as investors offloaded their positions on disappointing macro data and weak trend in Asian markets.

  • Rupee up

    Rupee gains 11 paise against dollar

    Mumbai: The rupee appreciated by 11 paise to 66.20 against the US dollar in early trade today on increased selling of the American currency by exporters. Besides, weakness in dollar against other currencies overseas ahead of the US retail data supported the domestic unit, forex dealers said. They, however, said a lower opening of the domestic equity markets, disappointing IIP numbers and rising retail inflation, capped the rupee’s gain. The rupee had gained 13 paise to