Free Press Journal
  • Speaking Truth to Power: My Alternative by P. Chidambaram- Review

    Speaking truth to power: My alternative view is a collection of former Union Minister for Home and Finance P Chidambaram’s incisive essays published last year as a weekly column in The Indian Express. The articles covered a range of subjects like demonetisation, economy, politics, foreign policy, Jammu and Kashmir, Gujarat and nation at large.

  • ‘Kala dhan’ became ‘jan dhan’ post demonetisation: MoS Finance Shiv Pratap Shukla

    Mumbai:  Union minister of state for finance Shiv Pratap Shukla on Friday said that after demonetisation, black money was converted into public money. He said, “The money that was lying in peoples’ lockers which was not being used, was then deposited into banks. It then came in use for the nation, thus became ‘jan dhan’. The ‘kala dhan’ which became ‘jan dhan’ is now being used for development of the country.” He

  • Ease of making payments seems to be distant dream for consumers

    Mumbai : The Reserve Bank of India’s (RBI) move to bring in a single-factor authentication for transactions below Rs 2,000 seems to be a distant dream as most banks are reluctant to allow such transactions as they risks in them.

  • Trying to drive the ‘good governance’ cart

    The unveiling of the ‘saaf niyat, sahi vikas’ theme to define the commemoration of the fourth year of its administration, is calculated to raise another — and by now familiar — storm of controversy for the Narendra Modi government.

  • IMF expects India to grow at 7.4 per cent in Financial year 2019

    Washington/New Delhi: The Indian economy is expected to grow at 7.4 per cent in the current fiscal and accelerate further to 7.8 per cent as it recovers from the impact of demonetisation and GST roll out, IMF said today. Asia continues to be the main engine of the world’s economy, accounting for more than 60 per cent of global growth – three-quarters of which comes from China and India alone, as per

  • mumbai, mumbai central station, woman attempts suicide, suicide, suicide attempt, GST, Demonetisation

    Woman attempts suicide at Mumbai Central station, blames Demonetisation and GST

    Mumbai: Even as the union government claims that the problems caused by demonetisation and Goods and Services Tax (GST) have been fully resolved, the impact of these two financial decisions still continues to horrify citizens. One such instance was witnessed at Mumbai Central railway station on Monday when a woman attempted to commit suicide there while blaming demonetisation and GST. The lady was, however, saved by a Government Railway Police (GRP) officer.

  • Indore: Cash crunch continues, supply from RBI likely on April 21

    Indore: The wedding season is in full swing but people are finding it difficult to make payments due to cash crunch prevailing in the city. On Thursday too, banks did not receive fresh currency notes from Reserve Bank of India. As a result, the banks put money in ATMs after whatever cash they received from customers.

  • Bhopal: Rs 2,000 note vanishing fast; CM smells rat in looming crisis

    Bhopal: The recent reports of severe lack of Rs 2,000 currency notes in markets across the country suggest in the name of tracking black money, Union government is squeezing production of the bigger currency denomination like virtual currencies leading to a crisis.

  • Indore: ATMs go dry, cash crunch erupts in city

    Indore: The cash crunch has hit the city, which brought back memories of mad rush of people in banks after demonetisation was announced by centre one and half years ago. The residents felt the pinch as the wedding season is on and there is short supply of currency notes of Rs 2,000.

  • India cash crunch updates: ‘Notes of Rs 2000 amounting to Rs 7 lakh crore have gone out of supply’

    Two years after Prime Minister Narendra Modi announced demonetisation, a cash crunch has been reported in several states of India, including Karnataka, Andhra Pradesh, Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh. Many people are tweeting about the non-availability of cash at ATMs. Madhya Pradesh Finance Minister, Jayant Kumar said, “It is true that the notes of Rs 2000 which amounts to a currency of 7 lakh crore have gone out of supply leading to

  • Firms to see dip in revenue growth, low margins in Q4

    Mumbai: India Inc’s revenue growth will slow down to 9 per cent in the January to March period on base effects, while the profit margins will shrink to a 12-quarter low of 18.6 per cent, a report said on Monday.