Free Press Journal
  • Higuain comes off bench to help Juvs beat Olympiakos 2-0

    Turin (Italy) : Gonzalo Higuain proved his doubters wrong as he came off the bench to set Juventus on its way to a 2-0 win against Olympiakos in the Champions League on Wednesday.

  • FIFA official visits Patil stadium

    Brazil and New Zealand Under-17 players in action during a practice match in Mumbai on Thursday.  Brazil won the match with 2-1 margin.

  • Banks may incur loss on rising card payment

    Mumbai : The government’s digital payments push, mainly online card payments through PoS machines, may leave already capital starved banks bleed by a whopping Rs 3,800 crore annually, warns a report. After the note-ban last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage online payments. Since then, banks have more than doubled their PoS terminals. The number of PoS terminals post-demonetisation has increased

  • I-T dept plans to add 1.25 cr new tax filers

    The Hyderabad and the Pune regions of the IT department have been given the highest targets to add 12.8 lakh and 11.8 lakh new income tax filers respectively.

  • No toilet: Man refuses to visit in-law’s house

    Ranchi : A man in Jharkhand has refused to visit the house of his in-laws as there is no toilet there. Pramod Kumar, a resident of Bhuli in Jharkhand’s Dhanbad district, got married to a girl of Jogtiyabad village in Girididh district on April 15 this year.

  • SBI to cut base rate by 5 bps from Sunday

    Mumbai : State Bank of India will cut its base rate by 5 basis points to 8.95%, with effect from Sunday, according to information on its website. The state-owned bank will also cut benchmark prime lending rate by 5 bps to 13.70%, from Sunday. However, the lender’s marginal cost of funds-based lending rates, which replaced the base rate regime in April 2016, remain unchanged for October, in the range of 7.75-8.15%.

  • Lavasa’s lenders invoke strategic debt recast

    New Delhi : Realty firm Lavasa Corporation Thursday said its lenders have decided to convert part of their loans into equity as part of debt restructuring along with fresh fund infusion from strategic investors to complete its stuck-township project near Pune in Maharashtra. Lavasa Corporation Ltd, which is developing a hill city ‘Lavasa’ near Pune, has an outstanding debt of Rs 5,100 crore, sources said.

  • India is woefully under-prepared to protect data, users’ rights on internet

    New Delhi : As governments the world over realise the urgent need to tame the anarchic world of the Internet – dominated by a couple of tech giants – and begin to write new rules pertaining to users’ rights, data privacy and spread of false news and extremist content, India too must shun archaic regulations and implement New-Age cyber laws.