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Sebi board decides to overhaul of mutual fund rules to curb costs, boost transparency

Mumbai: Markets regulator Sebi on Wednesday approved a comprehensive overhaul of mutual fund regulations, including changes to the expense ratio framework and limits on brokerage charges, to boost transparency. The proposals are aimed at bringing regulatory clarity, reducing redundancies, and promoting ease of compliance. In its board meeting, Sebi has cleared a proposal to exclude…

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India summons Bangladesh envoy; demands adequate security to its mission in Dhaka

New Delhi: India on Wednesday summoned Bangladesh envoy Riaz Hamidullah and lodged its protest over plans by certain extremist elements to create a security situation around the Indian mission in Dhaka. New Delhi also expressed its serious concerns over the deteriorating security situation in Bangladesh and reiterated its call for holding free, fair, and credible…

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BJP Asks ‘Fake Gandhis’ to Introspect on Their Sincerity Towards Rural Welfare

Hyderabad: The Telangana State BJP on Tuesday strongly condemned the Congress party for staging so-called nationwide protests against the Centre’s new rural development initiative, describing them as politically motivated, deceptive, and steeped in hypocrisy. State BJP Chief Spokesperson N. V. Subash said the Congress party has neither the moral authority nor the credibility to lecture…

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