Free Press Journal
  • If trade halts, war will follow, warns Jack Ma

    Davos : Chinese e-commerce giant Alibaba’s Group Chairman Jack Ma, on Wednesday, said globalisation cannot be stopped and if trade stops then war will follow. “To dissolve problems we need to embrace globalisation and it is our responsibility and opportunity to improve it,” Jack Ma stated at a special session here during the World Economic Forum (WEF) Annual Meeting.

  • UK launches anti-fake news unit

    London : The British govt has launched a new “national security communications unit” to combat the growing menace of fake news and disinformation.

  • Future Group targets 40k cr retail biz

    Hyderabad : The Future Group is expecting its retail business to reach Rs 40,000 crore in 2018-19. “We are looking at retail business of Rs 40,000 crore by next year; out of which Hyderabad will contribute Rs 4,000 crore,” Future Group Chief Executive Officer Kishore Biyani told reporters in the southern city. “We will touch Rs 40,000 crore by next year as a Group. Future Group. Currently, this year, we should be

  • Sevilla stuns A Madrid to enter Copa del Rey semis

    Seville : Sevilla topped Atletico Madrid 3-1 in the second leg of their Copa del Rey quarterfinal tie to prevail 5-2 on aggregate and claim a berth in the final four.

  • Budget’s must-dos that boost infra investment

    As the Finance Minister is days away from presenting Budget 2018, there are two key issues that he must address to boost investment and growth in the country. They are: Non-tax revenues from land bank monetisation of public institutions, and full tax-exempt status for income from debt instruments issued by Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in India. The budget must pay attention to non-tax sources of revenues

  • Key indices scale new highs amid flat gains

    Mumbai : Amid much volatility, the two key Indian equity indices on Wednesday closed in the green for the sixth consecutive session even as profit booking wiped-off most of last five sessions’ gains. According to analysts, the markets took a breather a day after the indices crossed important milestones and closed a rangebound trade session on a flat note.

  • Looking at new growth areas in India, says ICICI

    Davos : ICICI Bank is looking at new areas of growth opportunities in the Indian economy as new areas are coming up to be tapped post demonetisation and introduction of GST, its chief Chanda Kochhar has said. She said more SMEs are becoming part of the formal economy, creating big opportunities for growth and the government has also provided a strong impetus to increase lending to MSMEs. “Further, as the resolution process

  • No duty on paper import triggers Rs 80 crore loss             

    New Delhi : Industry lobby Assocham, on Wednesday, urged the Central government to re-impose a 10 per cent customs duty on the import of paper and paperboards from the Asean as the zero rate leads to a loss of estimated revenue of Rs 80 crore per annum to the government. According to the industry chamber, along with a loss in revenue, the imports lead to an export of domestic jobs to other

  • ‘After AG, Mueller seeks to question Trump in Russia investigation’       

    Washington : Special counsel Robert Mueller wants to question US President Donald Trump on his decisions to fire his national security adviser and the FBI chief, a media report said on Wednesday, days after he interviewed the Attorney General in a probe into whether Russia colluded with the Trump campaign in the 2016 election.