Free Press Journal
  • Ganguly makes fresh revelations on infamous Chappell-saga

    Kolkata : Their public spat is now more than a decade old but for former India captain Sourav Ganguly, the bitter fallout with former coach Greg Chappell is something that he still finds difficult to forget. Looking back at his selection fiasco in the Greg Chappell era, Ganguly has come out openly in a book — “Eleven Gods And A Billion Indians”, the on and off the field story of cricket in

  • Fitch, Moody’s say Govt recap plan positive for Indian banks

    Mumbai : The Indian government’s recapitalisation programme will support public sector banks’ credit profiles as the fund infusion will help them mitigate the risks faced due to weak asset quality and poor earnings, Fitch Ratings said on Thursday. However, unwinding of these risks will take some time, Fitch added, implying that the resolution of bad assets and continued high credit cost will hinder the banking sector’s performance in the near-term. Factoring in

  • Financial savings surged after note ban: Kochhar

    Davos : India is witnessing a surge in inflows into financial savings, which have reached nearly Rs 28 lakh crore in the past 18 months — an amount equivalent to the gross domestic product (GDP) of countries like Thailand, said banker Chanda Kochhar, who added that the flow into financial savings jumped significantly post the demonetisation exercise, executed in November 2016.

  • Bihar: Road blockade, march against the film

    Patna : Padmaawat could not be released in Bihar despite assurance of protection by the chief secretary of state government to cinema hall and multi-plex owners. Violence erupted in different parts of the state as Rajput organisations protested on streets and clashed with the police.

  • UN official says not safe yet for Rohingya return to Myanmar

    Kutupalong : Attacks on Rohingya Muslims appear to be continuing in Myanmar and it is not yet safe for the hundreds of thousands living in refugee camps in Bangladesh to begin returning home, a senior United Nations official said. Many Rohingya want to return eventually to their villages in Myanmar, UNICEF deputy executive director Justin Forsyth said Wednesday during a visit to the immense Kutupalong refugee camp. But they fear for their

  • Indian-American doctor couple indicted on health fraud charges

    Washington : An Indian-American doctor couple has been indicted on charges of committing healthcare fraud by performing unnecessary medical tests and procedures on patients to get payouts from insurance companies.

  • ‘Make in India’ can’t be termed protectionism

    Davos : As global leaders flag concerns over the protectionist measures introduced by the US and some other countries, Union Minister Piyush Goyal has said that ‘Make in India’ cannot be termed as protectionism and that India wants to share its prosperity with everyone in the world. Speaking at the WEF summit, Goyal said India has positioned itself as a global statesman in the context of prevailing concerns relating to a fractured

  • China downplays unprecedented India-ASEAN summit in Delhi

    Beijing : China on Thursday reacted guardedly to India hosting top ASEAN leaders on the country’s 69th Republic Day and hoped that all countries can work jointly to maintain peace, stability and the development of the region.

  • BJP MP Babul Supriyo heckled

    Kolkata : Union minister of state for heavy industries and public enterprises and BJP MP Babul Supriyo was heckled allegedly by the ruling Trinamool Congress supporters in North 24 Parganas district on Thursday.

  • Vodafone boss lauds Centre for making it easier to do business

    Davos : Vodafone Group CEO Vittorio Colao, on Thursday, said the Indian government has significantly increased the amount of spectrum that will be available to operators. “The proposed increase in spectrum caps will further hasten the rollout of networks to the benefit of customers, government and industry,” Colao said at the  WEF summit. Speaking at a WEF Governors meeting, Colao complimented Prime Minister Modi’s government for a marked improvement in the ease

  • Julian Assange embassy stay dangerous to health: Doctors

    London : The ongoing six-year confinement of WikiLeaks founder Julian Assange in London’s Ecuadorian embassy is dangerous to his physical and mental health, according to new clinical assessments.

  • Cryptocurrencies are no substitute for gold’

    New Delhi : Amid investors showing more interest in cryptocurrencies, the World Gold Council (WGC), on Thursday, said these digital assets are no substitute for the yellow metal as an investment instrument. “Cryptocurrencies may become an established part of the financial system. But, in our view, gold is very different from cryptocurrencies,” WGC said in an investment update. It had underlined various factors, which according to WGC gives gold an edge over

  • India is committed to enhance maritime cooperation with Asean, says PM Modi

    New Delhi : With Asean leaders by his side, Prime Minister Narendra Modi made a strong pitch for nations to follow international law of the seas in the Indo-Pacific region – in a veiled attack on China which has been accused by most of its neighbours of violating the rule of law in the South China Sea.

  • Rahul’s Close aide in-charge of youth Cong

    New Delhi : Congress President Rahul Gandhi on Thursday appointed his close aide Krishna Allavaru as a joint secretary of the party and made him in-charge of the Indian Youth Congress.

  • Draw lessons to avoid another Doklam: China’s PLA to India

    Beijing : The Chinese military on Thursday criticised Army Chief General Bipin Rawat’s recent remarks that Doklam is a disputed territory, asserting that it is very much part of China, and India should draw lessons from the 73-day standoff to avoid similar incidents in the future.

  • Govt to simplify norms to start new biz

    New Delhi : In a bid to simplify the procedures to set up new businesses, the government will roll out a number of initiatives that will make the incorporation process seamless, reports the ANI. Under the Government Process Re-engineering (GPR) initiatives, the Ministry of Corporate Affairs (MCA) is introducing “RUN – Reserve Unique Name” Web service for name reservation. Apart from this, the ministry will introduce zero fee for incorporation of all

  • Chinese wind-turbine maker guilty of trade Secret theft

    Washington : Sinovel, one of China’s leading wind turbine-makers, has been found guilty of stealing proprietary technology from US firm AMSC, causing it USD 800 million in losses, the Justice Department said, reports the AFP.