Monthly Archives: September 2018

SEBI cuts expense ratio for MF schemes

Capital markets regulator to issue new circular on KYC norms for foreign portfolio investors The Securities and Exchange Board of India (SEBI) has broadly accepted the recommendations of the H.R. Khan Committee on Know-Your-Client requirements for foreign portfolio investors (FPIs), while lowering the total expense ratio (TER) for open-ended equity …

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Trump declassifies papers on Russia probe

They include James Comey’s messages U.S. President Donald Trump declassified a trove of documents related to the early days of the FBI’s Russia investigation, including a portion of a secret surveillance warrant application and former FBI Director James Comey’s messages. Mr. Trump made the extraordinary move on Monday in response …

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BJP wins 96% Tripura rural bypoll seats uncontested

The ruling BJP in Tripura has won around 96% seats uncontested in the by-elections for the three-tier panchayat polls in the State scheduled to be held on September 30, State Election Commissioner G.K. Rao said on Tuesday. Over 3,000 seats were vacant as a large number of members of gram …

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U.P. govt. to showcase heritage

Plans ‘Vichar Kumbhs’ to connect with youth, women, Dalits and OBCs in the run-up to the 2019 poll With an eye on the coming Lok Sabha elections, the BJP government in Uttar Pradesh plans to hold a series of Vichar (thought) Kumbhs as part of its effort to showcase the …

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New Akash missiles get green light

The Army, which is inducting the indigenously developed Akash short-range surface-to-air missile (SRSAM) system, will get an upgraded variant. The Defence Acquisition Council (DAC) gave its procedural approval to the variant on Tuesday. The Army has already inducted two Akash regiments, and ordered two more last year after a global …

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Modi App now has volunteer platform

Sells merchandise ahead of 2019 poll One of the main campaign devices of the BJP in the 2014 general election was the volunteer platform of 272+ (the half-way mark in the Lok Sabha), harnessed under various constituency-specific websites. Kicking off the last-mile campaign outreach for 2019, the Prime Minister’s Narendra …

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Court alarmed at pothole-related deaths

The Supreme Court expressed alarm when it heard that potholes killed almost 3,600 persons in 2017. A Bench led by Justice Madan B. Lokur was even more shocked to hear that some States still dispute the fact that potholes have led to accidental deaths on roads across the country. That …

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