Free Press Journal
  • RBI governor suggests merging public sector banks

    New York, Reserve Bank Governor Urjit Patel says that merging public sector banks and having fewer of them would be better for the sector and also help deal with the problem of non-performing assets (NPA).

  • PM asks states to speed up infrastructure development

    “The vision of ‘New India’ can only be realised through the combined efforts and cooperation of all the states. Team India has assembled here to discuss and reflect on ways to prepare the country for changing global trends,” -Narendra Modi/ PM (more…)

  • Consumer forum issues bailable warrant against SpiceJet’s MD

    Sambhal:  A consumer forum here has issued a bailable warrant against the SpiceJet’s managing director for ignoring its two-year-old order to reimburse the air-ticket’s cost to a passenger, who was not allowed to board the plane. Sambhal District Consumer Forum Chairman Liaqat Ali issued the warrant against SpiceJet’s MD, taking strong exception to the airline ignoring the Forum’s order issued on October 25, 2015, said the passenger’s counsel Devendra Varshney on Sunday. The

  • FinMin in talks with PSBs to get a fix on growth plans, funding

    Mumbai : The finance ministry has initiated detailed discussions with select public banks to assess their growth blueprint over the next three years and seek turnaround plans to check if they need more growth capital.

  • India’s growth to accelerate further due to GST: Jaitley

    Washington : India continues to be the fastest growing major economy in the world and its growth will accelerate further due to factors like implementation of GST, Finance Minister Arun Jaitley said.  The minister also said the scrapping of old Rs 500 and Rs 1,000 notes will increase tax compliance and reduce threat of counterfeit currency. “India continues to be the fastest growing major economy in the world…The currency reform initiative will move

  • Sebi lines up reforms for deeper markets, to check black money

    Mumbai : Capital markets regulator Sebi will soon put in place stricter norms to check any flow of black money into stock market though controversy-ridden P-Notes and also initiate steps for allowing mutual fund investments through e-wallets.

  • Lodha to invest `4300 crore in construction to boost deliveries

    New Delhi : Realty major Lodha Developers will invest about Rs 4,300 crore this fiscal on construction to boost deliveries of housing units and also plans to launch 8-9 new projects in Mumbai, Pune and London. The Mumbai-based Lodha Developers invested Rs 3,700 crore in the last fiscal on construction and has increased outlay for the 2017-18 fiscal to boost deliveries, its Managing Director Abhishek Lodha said. “We will launch 8-9 projects this

  • Banks looking at bilateral pact to sell Kingfisher House

    Mumbai : Lenders are considering making a fresh attempt to sell Kingfisher House here to recover their dues from Vijay Mallya, adopting a model followed in recent sale of the defaulter businessman’s posh Goa villa.

  • Housing LOAN: Double advantage

    I was relaxing in my easy chair and did not realise when I dozed off. I heard a noise and woke up to find Kamal, my niece, rummaging through some books fervently. Kamal was a CA student and quite a smart one at that. She happened to have a special liking for Accountancy & Taxation and ever so often we used to have interesting discussions and debates on various related topics. Of

  • India a major driver of emerging economies’ growth: Arun Jaitley

    Washington: Finance Minister Arun Jaitley said that emerging economies have become increasingly important, accounting for more than 75 per cent of global growth, and that India has been a major driver of global economic growth.

  • Oil ministry mulls home delivery of petrol, diesel

    New Delhi: Petrol and diesel may soon be home delivered as the oil ministry mulls options of door-to-door delivery on pre-booking to cut long queues at petrol pumps.