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