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India pushes as low as 250 rupees investment plans to deepen reach of equities

MUMBAI, Jan 16 (Reuters) – India’s markets regulator is pushing fund houses to popularise monthly investments as low as 250 rupees, or $3, to expand the reach of equity investing in the world’s most populous country. The Securities and Exchange Board of India (SEBI) is looking to introduce simpler customer identification rules and lower costs as it aims to popularise small-ticket investments via mutual funds, four sources familiar with the discussions said. About 225 million investors currently invest via systematic investment plans (SIP) but a majority are from big cities. Introducing bite-sized SIPs would help take financial investments to smaller

BJP leader Bidhuri targets CM Atishi again; says she is running around like ‘hirni’ in streets

New Delhi, Jan 15 (PTI) BJP candidate Ramesh Bidhuri on Wednesday again targeted Delhi chief minister and his rival from Kalkaji seat Atishi, saying she was running around like a “hirni” (doe) in the streets of the constituency ahead of assembly polls after doing little for the people for years. Bidhuri, who has often courted controversies with his uncouth remarks, had recently drawn flak for his comments on Congress leader Priyanka Gandhi Vadra after which he had expressed regret. At a BJP rally in Rohini earlier this month, he had accused Atishi of changing her surname from “Marlena” to “Singh”

NDTV loan-repayment case: Complainant expresses satisfaction with CBI’s closure report

New Delhi, Jan 15 (PTI) The complainant in the NDTV case, who had alleged irregularities by the ICICI Bank in accepting loan repayment from the media house, has accepted the CBI closure report and expressed satisfaction over the agency’s probe, which did not find any collusion, criminal conspiracy or abuse of position in the matter. The Central Bureau of Investigation (CBI) filed the closure report before a special court last year, after its six-year-long probe did not find any irregularities in the transactions between the ICICI Bank and NDTV promoters Prannoy Roy and Radhika Roy. The case was lodged on

Central government employees can now travel via Tejas, Vande Bharat trains under Leave Travel Concession

New Delhi, Jan 15 (PTI) The Centre has allowed its employees to travel via Tejas, Vande Bharat and Humsafar trains under Leave Travel Concession (LTC), according to an official order. The move comes after the Department of Personnel and Training (DoPT) received a number of references from different offices/individuals about the admissibility of various premium trains under the LTC. “The matter has been examined by this department in consultation with the Department of Expenditure and it has been decided that apart from existing Rajdhani, Shatabdi and Duronto trains, travel by Tejas Express, Vande Bharat Express & Humsafar Express trains under

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