  The coexistence of ferroelectric and ferromagnetic properties at room
temperature is very rarely observed. We have been successful in converting
ferroelectric PbTiO3 into a magnetoelectric material by partly substituting Fe
at the Ti site. The Pb(Fe1-xTix)O3 system exhibits ferroelectric and
ferromagnetic ordering at room temperature. Even more remarkably, our results
demonstrate a coupling between the two order parameters. Hence it could be a
futuristic material to provide cost effective and simple path for designing
novel electromagnetic devices.
