TRICHY: A Mahila court in Trichy on Friday awarded 10 years rigorous imprisonment to a 25-year-old man who was convicted for raping a 14-year-old girl from Trichy in 2016. R Seenivasan, 25 who was working as a lorry cleaner abducted the minor who happened to be his relative in April 2016 in a lorry. Sexually assaulting her for three months at various places in the state, he took her to Singrauli in Maharashtra district and raped her in a forest. While she tried to end her by coming in contact with live wire, she was rescued by the onlookers. While Seenivasan escaped from the spot, Thuraiyur police secured him in July 2016 following a habeas corpus petition moved by the victim’s father in the Madurai High Court. Police brought the girl back after knowing her whereabouts and booked Seenivasan under various sections of Protection of Children from Sexual Offences (POCSO) Act, 2012. Pronouncing the verdict on Friday after the trial, the court sentenced him to 10 years of rigorous … [Read more...] about Man gets 10 years jail for raping minor in Trichy
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A 10-year-old girl was apprehended here on Saturday for allegedly killing a classmate, who had come to her place, after the two got into an argument over snatching a pen, police said.The parents of the accused, who were not at home at the time of the incident, have been arrested for allegedly destroying evidence, they said.The accused had snatched a pen from the victim in class. On December 11, the 12-year-old victim went to the house of the accused after school and the two got into an argument over the issue, said Braj Mohan Kaviya, station house officer (SHO), Chaksu police station.During the argument, the accused attacked the girl with an iron rod. The victim had sustained injuries on her head, ribs and stomach, which led to her death, he said.According to Kaviya, after the parents of the accused got home, she narrated the entire story to her mother. To destroy evidence, the two tied the victim’s body to a rock and threw it in a pond.Later, the … [Read more...] about Tiff over pen, 10-year-old girl kills classmate in Rajasthan
It was one of the ugliest breakups the money-management business had ever seen — a tabloid tale of ego and betrayal.But a decade after the star investor known to his staff as “the Godfather” stunned Wall Street with his bitter split from TCW Group and creation of a rival firm, the verdict is in:Jeffrey Gundlach won, and won big.His Los Angeles-based DoubleLine Capital, which turns 10 this month, today sits atop roughly $150 billion. In a business increasingly dominated by inexpensive index funds, the young juggernaut succeeded by actually picking good investments. Along the way, its flagship bond fund beat its benchmark in every year but one. Advertisement DoubleLine’s first decade was so good that it’s not unreasonable to ask: Can Gundlach possibly top this, and can anyone match it? At 60, he is a rare breed in mutual funds: a successful, 21st century founder. Many mutual fund managers have faded from public view, but markets hang on Gundlach’s … [Read more...] about 10 years after an ugly breakup, Jeffrey Gundlach’s firm sits atop $150 billion
Did Saturdays even exist before the Blind date column? Not as far as I’m concerned. The start of the weekend was a joyless desert until, in 2009, Weekend magazine started sending two hapless (my words) strangers out for dinner in the hope that three courses, a bottle of house white and the terror of appearing in a national newspaper would be the accelerant a romantic spark needs to go full inferno. I have been obsessed with Blind date for most of its 10-year existence. Its simplicity is deceptive: what the daters say leaves plenty of room for interpretation. On the surface, the questions are formulaic – somewhere between inane smalltalk at a stranger’s house party and the sexless interrogation of a dietary questionnaire from your GP. But in the context of the column, they are traps – and I love to see the participants fall right in, revealing themselves via the short aside that they shared a pudding with their date. And let’s not forget that score out of … [Read more...] about Four weddings, four babies, one pair of lost knickers: celebrating 10 years of Blind date
The Indian economy has grown by leaps and bounds after attaining Independence in 1947. The history of trade and commerce in the Indian subcontinent can be divided into many phases — deindustrialization induced by colonization, socialist central planning in the aftermath of Independence and free market economics after the liberalization reforms of 1991.India’s share of the world economy slipped from around 25 percent in 1700 to 4.2 percent in 1950. A century under colonial rule had sapped the country’s entrepreneurial spirit. The country was forced to divert its raw materials to feed the mechanized factories that had sprung up in Britain during the industrial revolution. Poverty and famine was rampant.After the British left Indian shores, the newly elected government charted a course for the country that entailed capital controls and central planning, much along the lines of the Soviet Union. Even though the ruling dispensation at the time had pledged … [Read more...] about The India growth story: Here’s how some macro indicators have fared since 1947
Bharat Bond ETF, the initiative of the Department of Investment and Public Asset Management (DIPAM) of the government, was launched on December 12.The government had announced plans for debt ETFs in Budget 2019. The ETF has a duration of 3 years maturing in 2023 with a yield return of 6.69 percent and another duration of 7 years maturing in 2030 with a yield return of 7.58 percent. Both will be listed on NSE and BSE.Stressing on the appeal factor of 3-year and 7-year duration, Deepak Jasani Head Retail Research, HDFC Securities said, "Returns of this 3-year variant could be compared to Banking and PSU debt funds that have an average maturity of 2-4 years and a similar portfolio holding. Longer duration variant (10-years) would naturally bear high duration risk and can be considered by informed investors who want to take high duration bets."Close This ETF is managed by Edelweiss Mutual Fund. So the fund is called Edelweiss BHARAT Bond ETF, and the fund will invest in the bonds … [Read more...] about Mutual funds wrap: Bharat Bond ETF NFO open until December 20; Will retail investors bite?