As many as 88% of the large-cap equity funds underperformed their benchmarks over the one-year period ending June 30, according to the latest analysis by S&P Dow Jones Indices. Further, 62% of mid-cap/small-cap equity funds and 83% of government bond funds underperformed their respective indices as well in the same …

The model forms part of international best practices in dealing with such issues The Insolvency Law Committee (ILC), tasked with suggesting amendments to the Insolvency and Bankruptcy Code of India, has recommended that India adopt the United Nations’ model to handle cross-border insolvency cases. “The ILC has recommended the adoption …

The direct tax base has significantly widened in the last few years, according to new back series data released by the government. The data showed a growth of more than 80% in the number of returns filed in the last four financial years from 3.79 crore in financial year (FY) …

China’s first private research university has been officially inaugurated in Zhejiang Province’s Hangzhou city, official media reported on Monday. Five Nobel laureates attended the founding ceremony of Westlake University in Hangzhou on Saturday. Source : https://www.thehindu.com/todays-paper/tp-international/chinas-first-private-university-inaugurated/article25291881.ece

China on Monday called on the U.S. to “think twice” about its decision to ditch the Intermediate-Range Nuclear Forces Treaty with Russia. Two top Republican lawmakers backed President Donald Trump’s worries about China on Sunday, saying there are concerns that the treaty is holding the U.S. back while allowing China …

A rounded, rocky outcrop covered with metallic shacks, Migingo Island rises out of the waters of Lake Victoria like an iron-plated turtle. The densely populated island is barely a quarter of a hectare large. There’s little else but a few bars, brothels and a tiny port. Nevertheless, for over a …

White House National Security Advisor John Bolton on Monday began two days of meetings with senior Russian officials following Washington’s weekend announcement of its withdrawal from a Cold War-era nuclear weapons treaty. The Moscow visit by Mr. Bolton was planned before the Saturday announcement by President Donald Trump that the …

The Odisha government on Monday began the process of tranquillising Sundari, the tigress which supposedly killed a man in the Satkosia Tiger Reserve (STR). The death had triggered a massive uproar in forest-side villages, with an irate mob resorting to large-scale violence on Sunday. Of the eight forest staff detained …

The carcasses of three lion cubs were on Monday found on the outskirts of a village in Amreli district near the Gir Wildlife Sanctuary, Forest Department officials said. Primary investigation has revealed that the cubs, in the age group of 4 to 5 months, were killed by male lions during …

Three persons were injured when wild elephants attacked them at Neamatighat in upper Assam’s Jorhat district on Sunday. The elephants had entered the area in search of food and attacked three persons and damaged seven huts and five shops, said forest officials on Monday. Source : https://www.thehindu.com/todays-paper/tp-national/three-injured-in-attack-by-wild-elephants-in-assam/article25292278.ece

The Bench had said “treating women as the children of a lesser God is to blink at the Constitution.” It was a “form of untouchability” abolished decades ago. The ban on women was derogatory to equal citizenship. The right to practise religion should yield to the right of dignity of …

“This is like a velvet fist inside a velvet glove. It is of no use… If there is criminal liability involved, there should be prosecution launched under a penal statute,” Justice Lokur said categorically. Though the oral observations from the Bench came during the hearing of a petition filed by …

The Supreme Court on Monday dismissed a PIL petition seeking a judicial order to lower the legal marriageable age of men from 21 to 18 years. A Bench led by Chief Justice of India Ranjan Gogoi imposed Rs. 25,000 costs on petitioner-lawyer Asok Pande, and said there was no public …

Union Ministry of Human Resource Development (MHRD) informed the Madras High Court on Monday that an Experts’ Group has been constituted to formulate a draft policy on reducing the weight of school bags in proportion to the age and average weight of children. Justice N. Kirubakaran was told that the …

The Supreme Court on Monday took suo motu cognisance of over 5,000 vacancies in the lower judiciary across the country, saying the situation is “wholly unacceptable”. A Bench led by Chief Justice of India Ranjan Gogoi found that even the official statistics provided by various High Courts on the recruitment …

While urban Uttar Pradesh has an 80% coverage of toilets, inefficient sanitation systems ensure that almost 87% of the excreta being generated by these toilets is being dumped in waterbodies or agricultural lands, according to a new analysis of 30 cities by the Centre for Science and Environment. “With 2019 …

The Supreme Court decided to consider on Tuesday when it will hear multiple review petitions filed against its September 28 majority judgment allowing women of all ages entry into the famed Sabarimala temple in Kerala. Responding to an oral mentioning to urgently list the petitions, Chief Justice of India Ranjan …

The Supreme Court on Monday said media regulators tend to wear a “velvet fist inside a velvet glove” when it comes to dealing with journalists and media organisations whose actions, like revealing the identity of a rape survivor, make them criminally liable. It is a crime under the Protection of …

As the Central Bureau of Investigation’s second-in-command Rakesh Asthana was embroiled in a bribery case, Prime Minister Narendra Modi and National Security Adviser Ajit Doval swung into damage control, asking CBI Director Alok Verma to ensure the government’s image was not tarnished. Mr. Verma briefed the Prime Minister on Sunday …