Daily Archives: October 23, 2018

Most equity funds underperformed benchmarks: study

Most equity funds

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 …

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China’s first private university inaugurated

first private university

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

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An African island’s troubled waters

troubled waters

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 …

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Three injured in attack by wild elephants in Assam

Three injured in attack by wild elephants in Assam

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

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Supreme Court to list review petitions today

Supreme Court to list review petitions today

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 …

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‘Why are regulators soft with scribes?’

Why are regulators soft with scribes

“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 …

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Lower judiciary vacancies unacceptable: SC

Lower judiciary vacancies

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 …

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SC to list review petitions today

SC to list review petitions today

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 …

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Modi steps in as CBI begins to probe its own leadership

Modi steps in as CBI begins to probe its own leadership

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 …

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