Sebi unveils slew of reform measures; to revise KYC norms for foreign investors, slash Mutual Funds charges

Sebi unveils slew of reform measures; to revise KYC norms for foreign investors, slash Mutual Funds charges

Sebi has decided to come out with revised KYC norms for foreign investors, reduce the listing time after public offer to three days and slash the charges levied by mutual funds from investors.

ICICI Bank has replied to show cause notice, says markets regulator Sebi
ICICI Bank has replied to show cause notice, says markets regulator Sebi

Markets regulator Sebi Tuesday said that the ICICI Bank has replied to its show cause notice with respect to a probe into alleged regulatory lapses involving its CEO Chanda Kochhar, her husband and his business dealings.

Insurance companies to pay 12% interest to farmers in case of delay in settlement claims
Insurance companies to pay 12% interest to farmers in case of delay in settlement claims

Insurance companies will have to pay farmers 12 per cent interest in case of delay in settlement of claims under the farm insurance scheme PMFBY, as per the new guidelines of the government.

Good news for pensioners from Modi government - Check details of the big pension payment order reform
Good news for pensioners from Modi government - Check details of the big pension payment order reform

A mechanism has been put in place under which central government employees will get pension payment order (PPO) on the day of retirement, Union Minister Jitendra Singh said on Tuesday.

Wilful defaulters, fugitive economic offenders barred from settlement mechanism: Sebi
Wilful defaulters, fugitive economic offenders barred from settlement mechanism: Sebi

Seeking to put in place a stringent settlement mechanism, Sebi has decided to bar wilful defaulters, fugitive economic offenders as well as entities responsible for defaults that have "market wide impact" from settling proceedings.

Jammu & Kashmir govt rolls out 'Start-Up Policy 2018' to nurture budding entrepreneurs - All you need to know
Jammu & Kashmir govt rolls out 'Start-Up Policy 2018' to nurture budding entrepreneurs - All you need to know

The Jammu and Kashmir government Tuesday rolled out state's maiden 'Start-Up Policy 2018', which will be in force for next 10 years, for inspiring and nurtuing a new breed of entrepreneurs.

Rupee nears 73 per dollar! INR hits new all-time low at 72.97/USD, drops 46 paise against US dollar
Rupee nears 73 per dollar! INR hits new all-time low at 72.97/USD, drops 46 paise against US dollar

The Indian rupee extended weakness in the late dealings on Tuesday and hit a fresh all-time low against US dollar at the interbank foreign exchange market after plummetting as much as 46 paise apiece USD.

SCIENCE

Twitter blocking legitimate accounts, alleges Iran
Twitter blocking legitimate accounts, alleges Iran

Iran appears to be unhappy with the way Twitter is cracking down on fake accounts as the country's Foreign Minister has alleged that the microblogging site is shutting down accounts of "real" Iranians while letting anti-government bots to thrive.

Horoscope: By Peter Vidal

Today ( 18 Sep )This Week ( 16 Sep - 22 Sep )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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