Free Press Journal
  • Markets on fire: Sensex, Nifty & Rupee scale new heights

    Mumbai: The BSE Sensex shot up by over 128 points to 30,071.61 and the NSE Nifty scaled 9,343.15 — both lifetime highs — in opening trade on Wednesday on sustained buying by retail investors amid high foreign fund inflows. Encouraging earnings and positive Asian cues also contributed to the stellar show of the bourses.

  • Gurudas Kamat quits all Congress posts

    Mumbai: In the backdrop of the appointment of former Rajasthan Chief Minister Ashok Gehlot as the general secretary and in-charge of Gujarat by the party’s vice president Rahul Gandhi, Gurudas Kamat, senior party leader, has quit from all party posts on Wednesday.

  • Mumbai: Sweden helps find solutions for environmental problems

    Mumbai: To tackle and find solutions for environmental and climatic problems in India, Eva Svedling, the Deputy Minister of environment and climate change of Sweden, raised some specific issues during her recent visit to Mumbai. After a field visit to various areas across the city, Svedling highlighted issues like reducing carbon emissions, solid waste management, sewage treatment and efforts for creating smart cities.

  • Mumbai: Viral Whatsapp message puts Railway cops in trouble

    Mumbai: A message containing the news of the death of a 27-year-old man who was killed after falling from a local train near Ulhasnagar station on Wednesday created a furore on Whatsapp.

  • Mumbai: Thieves make cops to hit panic button

    Mumbai: The carelessness of two drug addicts made the railway police officials hit the panic button after they dropped a metal piece on the tracks near Reay Road station on Tuesday night.

  • RBI issues new draft rules for M&As

    Mumbai: The Reserve Bank on Wednesday proposed a fresh set of regulations regarding mergers and acquisitions which seek reporting of such actions to be more stringent and time-bound, and provide for mandatory permission for all deals which are not on the automatic route.

  • Exporters’ seek govt support as rupee dents margins

    New Delhi:  Exporters’ body FIEO today saidthe rupee appreciation during the last two months has negatively impacted the country’s exports, and demanded immediate support from the government.The body will soon raise concerns of the export sector with the Ministry of Commerce & Industry and the Ministry of Finance, and urge for immediate support both in the short and medium term, Federation of Indian Export Organisations (FIEO) President Ganesh Kumar Gupta said.

  • Surge in FPI inflows into debt unlikely to sustain: Icra

    Mumbai:  The ongoing surge in foreigninflows into the debt market is unlikely to continue during the rest of fiscal 2018 due to geopolitical tension and the sharp rise in the rupee, warned a report on Wednesday.