Free Press Journal
  • K P Sharma Oli becomes Nepal PM for second time 

    Kathmandu : K P Sharma Oli on Thursday  became Nepal’s Prime Minister for the second time, over two months after his Left alliance with former Maoist rebels swept the country’s historic parliamentary polls, kindling hopes for the political stability in the Himalayan nation. President Bidhya Devi Bhandari appointed 65-year-old Oli as the country’s 41st prime minister. Oli, who is known for his pro-China stance, had served as the country’s prime minister from

  • Fraud erodes Rs 8,000 cr from PNB market-cap in two days

    Mumbai : Stung by a massive Rs 11,400 crore fraud, Punjab National Bank (PNB), the country’s second-largest state lender, has lost over Rs 8,000 crore of market valuation in two days — an amount equivalent to over six-times its full-year profit.

  • China protests PM Modi’s visit to Arunachal Pradesh

    “The Chinese government has never recognised the so-called Arunachal Pradesh and is firmly opposed to the Indian leader’s visit to the disputed area,” said Chinese foreign ministry spokesperson Geng Shuang in response to reports that Modi visited Arunachal Pradesh

  • Cyril Ramaphosa is new President of South Africa

    Johannesburg : Cyril Ramaphosa on Thursday promised to work very hard not to disappoint the people of South Africa after he was elected unopposed as the country’s new president, hours after scandal-hit Jacob Zuma resigned under pressure.

  • Jewellery shares lose sheen, Gitanjali tanks

    New Delhi : Shares of Gitanjali Gems on Thursday plunged up to 19 per cent in morning trade after the company came under scanner of various investigating agencies following the PNB Punjab National Bank’s declaration of nearly Rs 11,400-crore fraud.

  • Advani, Mehta stroll into CCI Snooker 2nd rd

    Mumbai: The top two seeds, Pankaj Advani and Aditya Mehta, both of PSPB, recorded emphatic 4-0 first round victories in the Rs 12.25 lakh prize-money CCI All India Open Snooker Championship 2018 on Thursday. The holder 18 world titles, snooker and billiards, Advani brooked little opposition from railway cueist Aravind Kumar. On the side table, Aditya Mehta sidelined the challenge from UP’s Akshay Kumar in four straight frames. Qualifier Rahul Sachdev pulled

  • IS-linked cleric on trial for 2016 Jakarta attack

    Jakarta : An alleged ideologue of terror organisation Jamaah Ansharut Daulah, linked to the Islamic State, went on trial on Thursday for his involvement in the 2016 attack in the Indonesian capital.

  • EU presidency urges Britain to ditch Brexit

    Agencies/ Sofia : Bulgaria, which holds the presidency of the EU, on Thursday warned of poor progress in Brexit talks and told Britain it was still not too late to abandon its plan to quit the bloc.

  • Trade deficit widens to 3-year high despite rise in exports

    Mumbai : India’s exports grew by 9 per cent to $24.38 billion in January, helped by a healthy growth in shipments of chemicals, engineering goods and petroleum products, even as the trade deficit widened to an over three-year high.

  • Delhi CM blames Modi govt for Nirav Modi’s flight

    New Delhi: Delhi Chief Minister Arvind Kejriwal on Thursday accused the Modi government of helping the prime accused in the Rs 11,515 crore PNB fraud, Nirav Modi, to flee from India.

  • PW fails to get stay on Sebi order

    Mumbai : The Securities Appellate Tribunal on Thursday allowed Price Waterhouse and its network entities to continue with audit works of existing clients till March 2019.

  • India’s defence budget breaks into world’s top 5: UK report

    London : India’s defence budget broke into the world’s top five, beating the UK for the first time, a new report by a London-based global think-tank has said, signalling a key shift in the military balance between the two countries.

  • Lamborghini looks to invest in Maharashtra

    Mumbai : Iconic Italian carmaker Lamborghini is mulling an investment in Maharashtra to aid its electric vehicles plans, a senior official said on Thursday.

  • Online consumer spends to hit $100 bn by 2020

    Mumbai : Online consumer spending is expected to grow 2.5 times to around $100 billion by 2020 led by growth in e-commerce, travel and hotel, financial services and digital media, says a report.

  • B’deshi woman accuses Catholic priest of rape

    KOTTAYAM: A Bangla- deshi woman has accused a Catholic priest in Kerala of raping her after befriending her on Facebook,  police said on Thursday.

  • Pune techie murder: SC slams Bombay HC for communal comment

    New Delhi : The Supreme Court on Thursday cancelled the bail granted to three accused in a 2014 sensational murder of Pune-based techie Shaikh Mohsin and deprecated the Bombay High Court’s remarks that “the fault of the deceased was only that he belonged to another religion.”