In this issue

August 12, 2022

Omicron behind recent Covid uptick: BMC

The BMC's 14th genome sequencing report has revealed that Omicron and its sub lineages were responsible for the uptick of Covid cases over the last two months. According to the official data, 64 of the 230 samples were detected with BA 2.74 variant, followed by 45 samples each of BA2.76 and BA 2.75variant, 28 samples of BA 2.38, 19 samples of BA.5, 18 samples of another variant, nine samples of BA 2.38.1 and two samples of BA.4 variant has been detected.

1 min

India to be fastest growing economy this yr: Govt source

Rising inflation rates notwithstanding, India will be the fastest growing economy in the world this year, a top government source said on Thursday.

1 min

DIGITAL LENDING: RBI guidelines may push fintech cos' costs higher

The guidelines issued by the Reserve Bank of India on digital lending will push up costs of financial technology companies because of increased focus on transparency, privacy, and oversight for regulated entities, say analysts and industry players.

1 min

ICICI Bank market-cap hits Rs 6L

The market capitalisation of the ICICI Bank touched Rs 6 lakh crore mark in the afternoon trade due to which shares of the bank hit record high of Rs 865.55.

1 min

'Coal despatches to power sector rise 17.1% in July'

Coal despatches to the power sector rose 17.1% on year to 58.50 mln tn in July, according to a press release by the coal ministry. This comes at a time when the country has witnessed record-high demand for electricity.

1 min

Adani Group to set up alumina refinery in Odisha

The Odisha government has on Thursday approved Adani Enterprises Ltd's proposal to build an alumina refinery and a captive power plant at a cost of Rs 416.53 billion, said a tweet from the chief minister's office.

1 min

Nitish to face floor test on Aug 24

Mahagathbandhan has the support of 164 members and includes the Congress and Left parties.

1 min

Trump refuses to answer attorney general's questions

Former US President Donald Trump kept his date with New York Attorney General in Manhattan but declined to answer questions from the latter's office, a calculated and yet surprising gamble in a highstakes legal interview that will likely determine the course of a civil investigation into his company's business practices of whether he has misused tax breaks.

1 min

Wildfires threaten Europe again

Another heat wave bakes France, Spain and Portugal

1 min

Vijender not carrying baggage of maiden pro boxing defeat in bout against Sulley

Star Indian boxer Vijender Singh does not want to carry the baggage of last year's maiden defeat on the professional circuit as he returns to the ring on Wednesday, saying "I always fight like it's my first." Since turning pro in 2015, Vijender was unbeaten till last March with an enviable 12-0 record, including eight knockouts.

1 min

Read all stories from The Free Press Journal - Mumbai

The Free Press Journal - Mumbai Newspaper Description:

The Free Press Journal is one of the oldest English Daily newspapers from Mumbai with a heritage of more than 90 years. And yet, The Free Press Journal is a contemporary paper and rooted in current urban realities.

In keeping with the international trend, it has reinvented itself in terms of design, get up and content. It means different thing to different people – a platform for the articulate, a trendsetter for the young and a chronicle for the old.

It was at the forefront of freedom struggle against the British and continues with the free and fearless journalism till date. Indeed, the history of The Free Press Journalism mirrors that of Indian independence.

Swaminath Sadanand, a 30-year-old idealist from Madras trudged his way to Bombay and with a vision that was to prove uncomfortably ahead of his day, brought out a newspaper as unorthodox in character as it was innovative in concept. For Swaminath Sadanand, the Free Press Journal was not so much a business venture as a cause.

The spirit with which he launched the paper and ran it for almost three decades helped it make it an integral part of two great Indian movements — the struggle for independence and the evolution of Indian publishing.