Yes, with the major algorithm updates these nofollows links have really become important. In fact, your backlink profile must have nofollow links to make it a natural link profile. ;
Google’s says that "If you link to something with the intent that it should help your Google rankings – then nofollow the link." ;
A few days back there was a post - ;"Links In Press Releases Are Unnatural Links & Should Be Nofollowed". ;Google wants all links in these press releases to be nofollowed. ;
john matthew: ;Thanks for such a wonderful answer with correct logic but Ranu as you already know it takes lot of time and effort to create press release for any given topic , everyone wants to get best out of it in each and every aspect right? do we get authority and juice from nofollow links as we deserve to get from dofollow ,links?