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In a major setback for the Congress, its Jharkhand Rajya Sabha candidate Pranav Jha lost the election despite the ruling INDIA bloc enjoying a comfortable numerical strength in the Assembly. Independent candidate Parimal Nathwani secured a return to the Upper House with the backing of the BJP. The result triggered allegations of cross-voting within the INDIA bloc.

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Finance minister Nirmala Sitharaman on Thursday introduced in the Lok Sabha the Securities Market Code Bill that proposes to expand capital market watchdog Sebi’s regulatory power and board strength but tighten provisions of the conflict of interest and accountability for its top functionaries.

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