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The Free Press Journal

Volt jolt: Sambhal MP Barq booked for 'power theft'

Samajwadi Party MP Zia Ur Rehman Barq found himself in fresh legal trouble after being booked for electricity theft following a surprise inspection by the Uttar Pradesh Electricity Department at his Sambhal residence on Thursday.

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1 min  |
December 20, 2024
The Free Press Journal

Human error behind CDS Rawat's death: Panel report

The Indian Air Force, in a recent report tabled in the Lok Sabha, has confirmed that the helicopter crash that resulted in the deaths of former Chief of Defence Staff (CDS) General Bipin Rawat, his wife Madhulika Rawat, and 11 others was caused by \"human error,\" reports Firstpost.

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1 min  |
December 20, 2024
The Free Press Journal

BJP leader taken into PC for calling minister a 'prostitute'

Karnataka BJP MLC CT Ravi was taken into police custody after an FIR was registered against him, for allegedly using a derogatory word against Minister Laxmi Hebbalkar in the Legislative Council on Thursday, police said.

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1 min  |
December 20, 2024
The Free Press Journal

CBSE's raids find 'dummy students'

The Central Board of Secondary Education (CBSE) conducted a series of surprise inspections at 29 schools in Delhi, Bengaluru, Varanasi, Bihar, Gujarat and Chhattisgarh to check enrolment of 'dummy' students, officials said on Thursday.

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1 min  |
December 20, 2024
Home min's remark: Oppn keeps heat on
The Free Press Journal

Home min's remark: Oppn keeps heat on

HOUSE THAT | Karnataka chief minister says Shah would've been a scrap dealer if there wasn't Ambedkar's Constitution

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2 mins  |
December 20, 2024
Sufis' plea to be 'necessary party' in Ajmer shrine case
The Free Press Journal

Sufis' plea to be 'necessary party' in Ajmer shrine case

Sufis have filed an application in the Ajmer Civil Court to be included as a \"necessary party\" in the suit claiming the existence of a Sankat Mochan Mahadev Temple within the Ajmer's Hazrat Khwaja Moinuddin Chisti dargah complex.

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1 min  |
December 20, 2024
ALGO TRADING FOR RETAIL INVESTORS: SEBI'S LATEST PLAN
The Free Press Journal

ALGO TRADING FOR RETAIL INVESTORS: SEBI'S LATEST PLAN

India's equity market is rapidly embracing technological advancements. In this direction, SEBI (Securities and Exchange Board of India) plans to open the doors of algorithmic trading (algo trading) to retail investors.

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1 min  |
December 20, 2024
Nifty has strong support at 23850
The Free Press Journal

Nifty has strong support at 23850

Till Nifty holds below 24000 zones weakness could be seen towards 23850 then 23500 zones whereas hurdles can be seen at 24150 and 24350 zones

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2 mins  |
December 20, 2024
The Free Press Journal

Cupid Ltd strengthens board with strategic appointments

Cupid Limited has strengthened its Board with the appointment of four new directors on Thursday.

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1 min  |
December 20, 2024
The Free Press Journal

NCLT rejects stay sought by SABTNL against SCN issued by Central Bank of India

The National Company Law Tribunal (NCLT) has rejected the application filed by Sri Adhikari Brothers Television Network Limited (SABTNL) seeking an interim stay on a Show Cause Notice (SCN) issued to the company by the Central Bank of India.

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1 min  |
December 20, 2024
The Free Press Journal

Starbucks not exiting India, says TCPL

Tata Consumer Products Ltd (TCPL) on Thursday denied reports on the exit of cafe chain Starbucks from the Indian market, terming them as \"baseless\".

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1 min  |
December 20, 2024
CAG flags ₹194 cr loss incurred by Oriental Insurance in FY20
The Free Press Journal

CAG flags ₹194 cr loss incurred by Oriental Insurance in FY20

State-owned Oriental Insurance Company Ltd incurred a loss of Rs 194 crore during FY20 for failing to properly determine bidding rates for Pradhan Mantri Fasal Bima Yojna, said a CAG report.

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1 min  |
December 20, 2024
Airtel prepays ₹3,626 cr to govt, clearing all dues for spectrum purchased in 2016
The Free Press Journal

Airtel prepays ₹3,626 cr to govt, clearing all dues for spectrum purchased in 2016

With this payment, Bharti Airtel has now prepaid all its spectrum dues that had interest costs higher than 8.65%, the company said in a statement

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1 min  |
December 20, 2024
'Increasing tax on EVs will make it difficult for electrification journey'
The Free Press Journal

'Increasing tax on EVs will make it difficult for electrification journey'

Increase in tax on electric vehicles will make it difficult for the electrification journey of the Indian automotive industry, Kia India Managing Director and CEO Gwanggu Lee said on Thursday.

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1 min  |
December 20, 2024
Equity investors should moderate expectations in 2025: HDFC Sec
The Free Press Journal

Equity investors should moderate expectations in 2025: HDFC Sec

After a multi-year bull run, there is a need for equity investors to moderate their return expectations in 2025, a domestic brokerage said on Thursday.

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1 min  |
December 20, 2024
The Free Press Journal

Ola Electric to Open 4,000 new stores this Christmas

Every town, every city, every tehsil or taluka, there will be an Ola Electric store, Aggarwal said

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1 min  |
December 20, 2024
The Free Press Journal

Airlines seek more time for revised flight duty norms

IndiGo, Air India, SpiceJet and Air India Express have sought more time for the phased implementation of the revised flight duty norms as they flagged increased crew requirements and emphasised the need to put in place fatigue risk management system to monitor fatigue among the pilots.

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1 min  |
December 20, 2024
IOC to invest over ₹21,000 cr in Bihar refinery expansion, city gas projects
The Free Press Journal

IOC to invest over ₹21,000 cr in Bihar refinery expansion, city gas projects

Indian Oil Corporation (IOC), the nation's top oil firm, will invest over Rs 21,000 crore to expand the Barauni refinery in Bihar as well as in setting up a city gas distribution network across the state, a senior executive said on Thursday.

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1 min  |
December 20, 2024
India, US need to work together to lower tariffs: US Ambassador
The Free Press Journal

India, US need to work together to lower tariffs: US Ambassador

US Ambassador to India Eric Garcetti on Thursday said India is the \"highest tariff\" major economy in the world and New Delhi and Washington need to work together to lower tariffs to increase trade for making it \"fair and equal\".

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1 min  |
December 20, 2024
The Free Press Journal

Gilts slide; US yields jump

Government bond prices slumped due to a rise in US Treasury yields after US Federal Reserve officials' forecasts showed a median projection of 50-basis-point rate cuts in 2025, down from 100 bps projected in September, dealers said.

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1 min  |
December 20, 2024
PE investments in Indian real estate sector surge over 30% in 2024
The Free Press Journal

PE investments in Indian real estate sector surge over 30% in 2024

Private equity (PE) investments in the Indian real estate sector reached $4.2 billion in 2024, marking a 32 per cent year-on-year (YoY) growth amid high demand in the warehousing segment, according to a report on Thursday.

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1 min  |
December 20, 2024
The Free Press Journal

FAIFA releases agricultural roadmap

The Federation of All India Farmer Association (FAIFA) released a comprehensive agricultural roadmap on Thursday, calling for enhanced digital infrastructure and sustainable farming practices to boost India's agricultural sector through 2040.

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1 min  |
December 20, 2024
The Free Press Journal

Coal imports during Apr-Oct decline by 3.1%

India's coal imports during the April-October period of financial year 2024-25 witnessed a major decrease of 3.1 per cent, reaching 149.39 million tonnes (MT) compared to 154.17 MT in the corresponding period of last year, the Coal Ministry stated on Thursday.

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1 min  |
December 20, 2024
India's Job Market Projected to Grow by 9% in 2025
The Free Press Journal

India's Job Market Projected to Grow by 9% in 2025

Hiring activities in 2025 are likely to witness a 9 per cent growth in the country driven by sectors, including IT, retail, telecommunications and banking, financial services, and insurance (BFSI) sectors, a report said on Thursday.

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1 min  |
December 20, 2024
The Free Press Journal

Commerce ministry may face possible repeat of 2011 trade data error

The commerce ministry this time around may witness a repeat of 2011 when a discrepancy of about USD 9 billion was detected in the trade data for the April-November period.

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1 min  |
December 20, 2024
Indian EV market potential likely to touch ₹20 lakh cr by 2030, to create 5 cr jobs
The Free Press Journal

Indian EV market potential likely to touch ₹20 lakh cr by 2030, to create 5 cr jobs

Union minister Nitin Gadkari on Thursday said the Indian electric vehicle market potential is likely to touch Rs 20 lakh crore and will create around 5 crore jobs across the entire EV ecosystem by 2030.

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1 min  |
December 20, 2024
RBI flags rising subsidies by states as incipient stress
The Free Press Journal

RBI flags rising subsidies by states as incipient stress

Subsidies, sometimes termed freebies in political discourse, are being resorted by political parties, specially ahead of polls

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1 min  |
December 20, 2024
Rupee crashes 19 paise to settle at all-time low of 85.13 per US dollar
The Free Press Journal

Rupee crashes 19 paise to settle at all-time low of 85.13 per US dollar

Forex traders said the INR breached the 85-mark for the first time and fell to a new record low as the US Fed adjusted its projections for 2025

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1 min  |
December 20, 2024
Sebi introduces timelines for NFO fund deployment
The Free Press Journal

Sebi introduces timelines for NFO fund deployment

Regulator eases AMC employee interest alignment rules

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1 min  |
December 20, 2024
Indian mkts join global selloff as Fed hints at fewer rate cuts
The Free Press Journal

Indian mkts join global selloff as Fed hints at fewer rate cuts

BLOODBATH ON D-STREET | Sensex, Nifty slump over 1%

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1 min  |
December 20, 2024