Free Press Journal

    NSG: Strategic patience to solve China conundrum

    China has always been something of a conundrum for India. This is partly because the Chinese are somewhat inscrutable and often enough their interlocutors can spend hours in trying to decipher the underlying message that is being conveyed. But partly it is also because somehow India and China have never quite managed to have any kind of strategic convergence despite not having any fundamental, much less a civilisational, conflict, with each other.

  • Lendingkart raises Rs 205 cr in Series B funding, led by BII

    New Delhi:  Online loan platform Lendingkart Group said it has raised Rs 205 crore (USD 32 million) in second round of funding led by Bertelsmann India Investments.  “With Bertelsmann India Investments (BII) onboard, we look forward to leveraging its deep understanding of global financial products as well as Internet businesses,” Lendingkart Group co-founder and CEO Harshvardhan Lunia said.

  • Mumbai women shine

    Mumbai : Mumbai’s Apurva Acharekar, Divya Hegde and Aishwarya Narayanmoorthy dominated the first day to secure easy wins in the first round of the women’s group in the Safal 1st Maharashtra senior state selection badminton tournament conducted by Sports United under the auspices of Maharashtra Badminton Association (MBA) at the Chembur Gymkhana.

  • Two end life

    BHOPAL: Two suicide cases have been reported from different places on Monday. First case was reported from Gunga while second case was reported from Ayodhya Nagar. A middle aged woman committed suicide at Gunga.  As per the police, Chhayabai,35, who was mother of three children, hanged herself.  SHO Guna Ramlal Pachori said, “Her husband is labourer and financial crisis seems to be reason behind taking extreme step.” Similarly, Gulab Singh, 28, truck

  • Kejriwal sounds poll bugle in Goa

    Panaji (Goa) : In a bid to pitch the Aam Aadmi Party (AAP) as a firm alternative to ‘corrupt’ Congress and the BJP in the upcoming 2017 Goa Assembly polls, Delhi Chief  Minister Arvind Kejriwal on Tuesday met the members of fishermen community in Vasco and assured his support to them.

  • India-Kiwi Test series itinerary REVISED

    New Delhi : The BCCI on Tuesday swapped the venues for the second and the third Test matches against New Zealand while the first match will be hosted in Kanpur from September 22.

  • Cancer victim writes to PM, UP CM for help

    Agra (Uttar Pradesh) : In an emotional appeal to Prime Minister Narendra Modi and Uttar Pradesh Chief Minister Akhilesh Yadav, an 11-year-old boy from Agra has sought financial assistance for treatment of his blood cancer.

  • Works should be done as per requirement in villages: Gupta

    BHOPAL : Minister for higher and technical education, Umashankar Gupta, speaking at a state-level advisory committee of National Service Scheme (NSS) on Tuesday, said NSS unit should be in all government and private colleges of the state.

  • Bank consolidation risks may outweigh benefits: Moody’s

    New Delhi: Efforts to consolidate 27 public sector banks into 8-10 large lenders create risks that could offset potential long-term benefits in the current weak economic environment, Moody’s Investors Service said. It said India’s banking system has witnessed an increase in non-performing assets since 2012, with many public sector banks having suffered significant deterioration in balancesheets as demonstrated by their asset quality metrics and capitalisation profile.

  • Hygeine problems taking toll on patients in govt hospitals

    Alot : Patients admitted in government hospital are facing tough time, especially due to cleanliness and hygeine problem, as sweepers and other contractual employees have stopped providing their services due to non-payment of wages.

  • Drainage problem giving hard times to residents

    Khetia : Residents of ward no-5 have been facing serious problems due to rainwater logging in the area. They have made several complaints to municipal council officials about drainage problems, but in vain.

  • Rajan’s exit: Brilliance pushed over by mediocrity

    It has been widely acknowledged that BJP’s recently nominated member of the Rajya Sabha, Subramanian Swamy, is a loose cannon in his self appointed role as a so-called crusader against corruption. As a supporter of the Narendra Modi government, the Lotus party needs no enemies. His nuisance value by attacking not only the RBI Governor Raghuram Rajan, who has since resigned, but Union Finance minister Arun Jaitley and a senior official in

  • MS: India’s growth may dip by 60 bps on Brexit

    Mumbai: Brexit is likely to have an adverse impact on India’s growth with domestic GDP expected to decline by up to 60 basis points in a high-stress scenario within the next two years, Morgan Stanley said. According to the global financial services major, the impact on Indian economy would be through trade and financial channels. However, it noted that owing to lower direct exposure in terms of exports to the UK, the

  • India ranks low at 105th on human capital index!

    Tianjin : India was on Tuesday ranked low at 105th position globally on a worldwide Human Capital Index, which measures countries’ ability to nurture, develop and deploy talent for economic growth and was topped by Finland.

  • Rajan went with majority view on policy rate on Jun 7

    Mumbai : Reserve Bank head Raghuram Rajan went with the recommendations of majority of the external members of the monetary policy panel and did not slash the key interest rate early this month.

  • ITC to invest Rs 4,000 cr to set up 9 plants

    New Delhi : FMCG major ITC will invest Rs 4,000 crore over the next 2-3 years to set up 8-9 factories across the country for manufacturing of food products.

  • EPFO aims to cover all workers under PF, pension by 2030

    New Delhi:  EPFO aims to cover all the workers in the country under provident fund (PF), pension and life insurance by 2030, the retirement fund body said in its vision document.

  • Tata Comm to sell African arm Neotel to Liquid Telecom for Rs 1,992 crore

    New Delhi : Tata Communications has sold its majority stake in South African Internet-service provider Neotel Pty Ltd to telecommunications firm Econet Wireless Global for USD 293 million (about Rs 1,992 crore). Liquid Telecom, majority owned by Econet Wireless Global, entered into an agreement to acquire Neotel, the firm said.

  • `Predictable nature of central banks must be revisited`

    MUMBAI: Amid the advent of negative and close-to-zero interest rate policies around the world as well as guidance from central banks that these policies would continue, the Reserve Bank of India’s Financial Stability Report has suggested it is worth rethinking if central banks should be “predictable” at all times.