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FPI tax not the only reason behind selloff, says Sebi chairman Ajai Tyagi

FPI tax not the only reason behind selloff, says Sebi chairman Ajai Tyagi

SEBI Chairman Ajay Tyagi on Friday stated that the recent heavy sell-off in the markets was not solely due to gloomy market sentiments on account of enhanced surcharge on foreign portfolio investors’ (FPI) announced in the Budget but several other factors of the economy coupled with the general slowdown.

Underlining the measures taken (by the government) to contain the further selloff, he said, “There are other reasons pertaining to the economy. Corporate earnings are not improving and there is a general slowdown (in the economy).

Not 1 or 2, all 22 rifles fail to fire during gun salute to former Bihar CM Jagannath Mishra

Not 1 or 2, all 22 rifles fail to fire during gun salute to former Bihar CM Jagannath Mishra

While former Bihar chief minister Jagannath Mishra mortal remains were being cremated with full state honour, 22 rifles carried by police personnel failed to fire a single shot on Wednesday.

Mishra's cremation took place at his ancestral village in Supaul district and it was attended by state Chief Minister Nitish Kumar, Deputy Chief Minister Sushil Kumar Modi, state Health Minister Mangal Pandey, among others.

Kia Motors makes India debut, launches Seltos SUV starting of Rs 9.69 lakh

Kia Motors makes India debut, launches Seltos SUV starting of Rs 9.69 lakh

Korean auto major Kia Motors on Thursday made its debut in India with the launch of an SUV, Seltos, at an introductory price of Rs 9.69 lakh.

Seltos, a mid-sized SUV, is manufactured at the carmaker's Ananthpur plant in Andhra Pradesh. The model comes in both petrol and diesel variants.

Something grave happening in J&K that the government is trying to hide: Ghulam Nabi Azad

Something grave happening in J&K that the government is trying to hide: Ghulam Nabi Azad

Nine opposition parties on Thursday participated in a protest organised by the Dravida Munnetra Kazhagam, demanding the immediate release of political leaders detained in Kashmir.

“We must recognise that this is no democracy. If we fail to understand this, then we are living in a fool’s paradise,” former Chief Minister of J&K and Leader of Opposition in the Rajya Sabha Ghulam Nabi Azad said.

Govt using CBI, ED as 'revenge-seeking' units: Cong on Chidambaram's arrest

Govt using CBI, ED as 'revenge-seeking' units: Cong on Chidambaram's arrest

The Congress on Thursday came down heavily on the BJP government over the arrest of P Chidambaram, accusing it of using the CBI and the ED as "personal revenge-seeking departments".

Senior Congress leader and former Finance Minister Chidambaram was arrested last night amid high drama by the CBI and he spent the night at a agency guest house.

Akshay Kumar 4th on Forbes highest-paid actors list, Dwayne Johnson on top

Akshay Kumar 4th on Forbes highest-paid actors list, Dwayne Johnson on top

National Award-winning actor Akshay Kumar has made it to the fourth position on the Forbes magazine's Worlds Highest-Paid Actors Of 2019 list.

According to the list on forbes.com Akshay has raked in $65 million.

Hollywood star Dwayne 'Rock' Johnson tops the Forbes list of the 10 highest-paid actors, collecting $89.4 million between June 1, 2018, and June 1, 2019.

L&T consortium bags offshore jacket installation project from Saudi Aramco

L&T consortium bags offshore jacket installation project from Saudi Aramco

Larsen & Toubro on Thursday said a consortium of its arm LTHE, and EMAS AMC PTE Ltd has been awarded a project by Saudi Aramco for offshore jackets.

The project is for installing 28 offshore jackets in Zuluf, Marjan, Sfaniya and Ribyan offshore fields of Saudi Arabia, as per a BSE filing by L&T.

India, other countries must fight terrorists in Afghanistan, says Donald Trump

India, other countries must fight terrorists in Afghanistan, says Donald Trump

Countries like India, Iran, Russia and Turkey would have to fight against terrorists in Afghanistan at some point of time, U.S. President Donald Trump said on Wednesday, ruing that the job against terrorism was being done only by the United States.

Mr. Trump said that other nations currently were making very less efforts against the terrorists in Afghanistan.

Bhim Army chief Chandrashekhar Azad arrested after clash in Delhi over Ravidas temple demolition

Bhim Army chief Chandrashekhar Azad arrested after clash in Delhi over Ravidas temple demolition

Bhim Army chief Chandrashekhar Azad was arrested a few hours after being detained at South East Delhi’s Govindpuri police station early on Thursday. A clash had broken out between police and Dalit protesters in Govindpuri on Wednesday night during a demonstration against the demolition of the Ravidas temple in Tughlakabad.

Additional Deputy Commissioner of Police (South East) Gyanesh Kumar confirmed the arrest. A case under relevant Sections of the Indian Penal Code was registered, police said.

DLF tumbles 20% as SC issues notice on non-disclosure of key information

DLF tumbles 20% as SC issues notice on non-disclosure of key information

DLF shares tumbled 20 per cent to Rs 137.75 apiece, also its fresh 52-week low, in early morning trade on the BSE on Thursday after the Supreme Court (SC) issued the company a notice based on a plea that alleged the company of hiding information on pending cases regarding Haryana land-bank from its shareholders.

According to a report in Business Line, the petition highlighted how DLF had suppressed key information regarding judicial proceedings against the company's largest chunk of land-bank in Haryana.

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