Free Press Journal
  • Agony Aunt: Mother’s work woes

    Mother’s melancholy
    I delivered a healthy baby boy three months ago and I couldn’t be less happy about it. My husband is supportive in every possible way. However, in the past month or so I have seen myself losing patience in a fraction of a second and always being irritable. I am gloomy and tired all the time. I am unable to take care of everything at once. Two days ago, I was in

  • maharashtra, maharashtra government, anganwadi, recruitment, anganwadi recruitment, Bombay High Court

    In financial crisis, asking cash from in-laws not ‘dowry demand’, says Bombay HC

    Mumbai: Observing that in situations of “financial distress” people do seek assistance from relatives, the Nagpur bench of the Bombay High Court recently held that such a demand of money from in-laws, cannot be termed as a “dowry demand.” A single-judge bench of Justice Manish Pitale said, “In situations of financial distress, people do seek assistance from relatives and friends.”

  • Is the once cash-rich Congress party facing a financial crisis?

    After facing humiliating loss in most of the states in the country, the crisis for the Grand old Congress Party doesn’t seem to get over. Now, a report has come up which suggests that Congress is facing a financial crisis. Really? One of the richest political party is facing a cash crunch, which might sound absurd and might even give a reason to some of its members to quit and go to

  • Mumbai, Maharashtra, state govt schools of Maharashtra, State govt school's financial condition, reason behind maharashtra state govt school financial crisis, financial crisis

    Mumbai: State-run schools facing financial crisis due to lack of govt support

    Mumbai: Schools run on the basis of financial aid provided by the government are facing a financial crisis as the allocation of funds has been reduced. The grants given to these schools are reduced by half which has led to lack of teachers in reputed private aided schools of the city. These funds are allocated by central government and then distributed in states by respective state government.

  • Mumbai: BEST plans to appoint IAS cadre officer for overhaul

    Mumbai: The Brihanmumbai Electric Supply and Transport (BEST) is suffering from huge financial crisis. However, to cover the loss now the civic commissioner is planning to appoint an Indian Administrative Service (IAS) cadre officer to look after the working of transport undertaking.

  • Bhopal: Treasury may ban withdrawals before March

    BHOPAL: The state treasury, in view of the financial crisis gripping the state, may stop accepting bills for payment before March this year. A ban on making new purchases, imposed by the finance department, is in place since December 31.

  • Michael Jackson died a ‘vulnerable’ man

    London: Late pop icon Michael Jackson was a “vulnerable man” in a “financial crisis” when he died, his former physician Conrad Murray has claimed.

  • New method to reveal why your loan file was rejected

    New York: A new method developed by two Indian-origin engineers can provide important insights into how exactly a machine-learning algorithm comes to a decision to either accept or reject your loan application – something that usually remains a mystery.

  • Russia to spend 9 bn euros to tackle financial crisis

    Moscow: The economy minister of recession-hit Russia today pledged nearly USD 10 billion to tackle the country’s financial crisis, as the low oil price weighs heavily on growth. Alexei Ulyukayev earmarked 750 billion rubles (nine billion euros, USD 9.8 billion) in anti-crisis measures, of which 310 billion rubles are loans to regional authorities already allocated in the 2016 budget.

  • Manufacturing activity slips to 28-month low in December

    New Delhi: India’s manufacturing activity contracted in December for the first time in over two years with Nikkei’s Manufacturing Purchasing Managers’ Index (PMI) falling to a 28-month low of 49.1 against 50.3 in November.

  • MCD teachers take out candle march protesting delay in salary

    New Delhi: Teachers of North and East Delhi  municipal corporations today took out a candle march near the Chief Minister’s residence, protesting against the “irregularity” in payment of their salaries for past one year. The protesters raised slogans against Delhi government and MCDs for “irregular payment” of salaries, which they claimed have been delayed by months.However, officials of North and East Delhi Municipal Corporations said that the salaries of only 1-2 months were delayed due to financial crisis faced

  • Despite ban, govt to spend Rs 5cr on vehicles for Simhastha

    BHOPAL : The state government, already in the throes of a financial crisis, tabled the third supplementary budget of Rs 5,889 crore in the state Assembly on Wednesday. The government has shown unusual generosity in making allocations for Simhastha. A sum of Rs 800 crore has been sanctioned for the budget. Although Finance Department has banned purchase of new vehicles, a budget of Rs 5 crore has been allocated for buying new

  • Mandav Utsav to be organised amid severe financial crunch

    DHAR : Overlooking the financial crisis prevailing in the district unit of the Red Cross Society, the administration has proposed to organise Mandav Utsav in December 2016. Huge amount of money will be spent on Mandav Utsav proposed by the administration recently. The arrangements for the occasion will have to be made by the administration and is planning to include around 500 children in the camp.

  • Treasury empty; govt splurging crores on ostentatious shows

    BHOPAL : The financial crisis in the state has further deepened with the government having been forced to shell out a huge sum of money to provide relief to the farmers. Government is curtailing the budgets of all departments to arrange funds. Steps like prohibition on new construction works and creation of new posts have been taken. Other solutions to curtail expenses are also being explored.

  • Alexis Tsipras

    Greece’s Alexis Tsipras bets on early polls to boost reform mandate

    Athens: Greece’s president launched the process today of asking opposition leaders to form a new government, a day after Prime Minister Alexis Tsipras resigned and called an early election next month to deal with a governing party rebellion over Greece’s third bailout deal.

  • On the Set of a Greek tragedy

    Is Greece really collapsing because of its financial crisis? Uday K. Chakraborty visits Greece and gives you first hand information from ground zero in Athens .

  • Anxious Greeks: People line up at an ATM outside a National bank branch, in central Athens, on Monday.

    Greece’s neighbours take steps to shield banks, economies

    Skopje : Greece’s regional neighbours took measures to protect their banks and economies from the escalating financial crisis there and the possibility of a Greek exit from the euro. Athens announced capital controls following a collapse in bailout negotiations with its creditors, which will see banks closed temporarily and international transfers vetted. In Serbia, the central bank said it had put into place temporary measures on banks with Greek owners.

  • CM requested not to announce schemes with financial implications

    BHOPAL :  Unsure of whether the state would be able to recover from the financial crisis it is facing in the current fiscal, the finance department has requested Chief Minister Shivraj Singh Chauhan to avoid making announcements that may put a heavy financial burden on the state exchequer.

  • Ratan Tata sees India achieving 7% growth in couple of years

    Singapore: Ratan Tata today said he expects India to re-establish its economic growth at 7 per cent plus rate in the next couple of years but it will not be able to achieve over 8 per cent it had prior to the 2008-09 global financial crisis.