In this issue

May 20, 2023

Rs 87,416 cr RBI booty for Centre

The Reserve Bank on Friday approved a handsome Rs 87,416 crore dividend payout to the central government for 2022-23, nearly triple of what it paid in the previous year.

2 mins

PINK SLIP FOR PINK NOTE

In a not-so-sudden move, the RBI has announced it is withdrawing the Rs 2,000 note. It is not all so sudden because the government had stopped printing them in 2018-19, giving hints of their eventual withdrawal.

2 mins

Modi's moment at G7 meet

Prime Minister Narendra Modi arrived in Hiroshima on Friday to attend the annual summit of the G7 grouping and the third in-person Quad leaders' meeting, during which he will exchange views with world leaders on global challenges and discuss ways to collectively address them.

2 mins

Congress meets top cop, targets BJP for supporting Wankhede

A Maharashtra Congress delegation under state party chief Nana Patole met Additional Director General of Police Sanjay Saxena on Friday and sought strict action against miscreants disturbing the state's law and order situation.

1 min

NO ARREST TILL EXPLANATION GIVEN

Wankhede's lawyer Rizwan Merchant contended that allegations started much before the registration of the FIR by CBI; FPJ reproduces chats between Wankhede and Shah Rukh Khan

2 mins

Tata shown the final door, Evey to run AC buses in Mumbai

Supreme Court dismisses Tata Motors' appeal challenging BEST's decision to disqualify it from an AC bus tender bid

1 min

SoBo sweats in peak summer

On Friday, hundreds of consumers residing at Pedder Road, Altamount Road and the adjoining areas experienced an outage

1 min

To tame Mithi, BMC to erect 28 floodgates in next 3 yrs

In the next 8 to 10 days, civic body will invite tenders to install sluices for preventing inundation of low-lying areas and adjoining railway tracks

1 min

New political low over city's desilting works

City politics has plummeted to low levels with political parties sparring over muck removed from drains and nullahs.

1 min

Schoolgirl dies as car hits stationary tempo on E-way

In the early hours of Friday, a devastating car accident occurred near the Urse toll plaza on the Mumbai-Pune expressway, resulting in the tragic loss of a 15-year-old schoolgirl named Sara Javed Qureshi from Kondhwa.

1 min

FROM CHIEF GUEST TO INMATE AT YERAWADA JAIL

Kurulkar, once chief guest at prison event, now is in judicial custody

1 min

Sensex snaps 3-day losing streak amid optimism over US debt ceiling talks

On a weekly basis, BSE Sensex declined 298.22 points or 0.48%, while Nifty dipped 111.4 points or 0.60%

1 min

No tax on international card spend up to ₹7L per FY: Govt

Individuals can make payments up to 700,000 rupees per financial international year using their credit and debit cards without attracting any tax, the government said in a release on Friday.

1 min

Sebi's proposal on TER to bring transparency, curb mis-selling in MF's

Sebi's proposed sweeping changes to mutual funds' Total Expense Ratio (TER) will curb distributor practices of unnecessary switching of schemes and pushing new fund offerings for higher commissions, experts said on Friday.

1 min

Power Grid Corp Q4 PAT rises 4% to ₹4,320 crore

State-owned Power Grid Corporation on Friday posted a nearly four percent rise in consolidated net profit at Rs 4,320.43 crore in the March 2023 quarter, mainly on the back of higher revenues.

1 min

₹2K notes withdrawal will help curb black money to great extent, says former RBI DG

Former Reserve Bank Deputy Governor R Gandhi on Friday said withdrawal of the Rs 2,000 bank notes will help in curbing black money to a \"great extent\" because people are hoarding the high-value currency.

1 min

PNB Q4 profit surges over 5-fold to ₹1,159 cr on lower bad loans

Punjab National Bank (PNB) on Friday reported over five-fold jump in its net profit to Rs 1,159 crore for the March 2023 quarter, helped by lower bad loans and a rise in interest income.

1 min

CPM upset over Vijayan's omission from guest list

The omission of Chief Minister Pinarayi Vijayan from the guest list of chief ministers to be invited for the swearing-in of Siddaramaiah as the new Chief Minister of Karnataka has upset the Kerala CPI-M, which leads the ruling Left Democratic Front.

1 min

Swearing-in today; Oppn leaders to attend ceremony

Siddaramaiah, DKS discuss probables with Rahul

2 mins

Nitish calls his PS as PM's secretary

Bristles at BJP for criticising his govt over caste survey

1 min

Rude Bengal shock for 'Kerala Story' makers

Day after SC's stay on screening ban, movie doesn't get a hall

1 min

Ukraine's president takes fight against Russia to Arab summit, G7

Ukrainian President Volodymyr Zelensky addressed a summit of Arab leaders in Saudi Arabia on Friday before what a senior official said would be a trip to Japan for a meeting with the leaders of the world's most powerful democracies.

1 min

Police returns empty-handed from Imran Khan's residence

Punjab Police who visited Imran Khan's Zaman Park residence here to conduct a search operation to arrest \"terrorists\" reportedly hiding there have returned with only \"water and biscuits\", former Pakistan prime minister's chief security officer said on Friday.

1 min

CSK aim to qualify for playoff

DC LOOK TO END SEASON ON A HIGH

1 min

Royals keep slim playoff hopes alive

JAISWAL, PADIKKAL SCRIPT RR'S FOUR-WICKET WIN

2 mins

QUEEN SLAYS OTT!

Rani Mukerji's film Mrs Chatterjee us Norway became the sleeper hit of the year and the actress became the third lead actor in 2023 to deliver a hit theatrically.

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.