Political sanctions have no place under insolvency code, says NuMetal NuMetal argued in the Supreme Court on Tuesday that international “political sanctions” against Russia’s VTB Bank had no place in the Essar Steel auction under the Insolvency and Bankruptcy Code (IBC). “In foreign policy, friends become foes and foes become …

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 …

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 …

Syria accidentally shot down a Russian military aircraft, on Monday killing all 15 crew members, when its air defences swung into action against an Israeli missile strike, Russian and Israeli forces said on Tuesday. The Russian Ilyushin dropped off the radar over the Mediterranean moments after Turkey and Russia announced …

Official says joint exercise proposal could have been channelled through China Nepal’s decision not to participate in the India-proposed military exercise of the Bay of Bengal group of countries is not a a snub to New Delhi, but rather it signals that a new set of rules need to be …

President Trump warns Beijing against targeting U.S. farmers U.S. President Donald Trump on Tuesday said China had been taking advantage of the U.S. on trade for many years and that he knew how to stop it. “China has openly stated that they are actively trying to impact and change our …

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 …

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 …

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 …

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 …