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News digest: Market volatility, oil prices, fiscal slippage, and more

From Sebi chief speaking on market volatility to FM Jaitley explaining India's fiscal position, BS brings you up to date with the latest news

News digest
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BS Web Team New Delhi
Market volatility to continue on hardening of US bond yields: Sebi chief

Securities and Exchange Board of India (Sebi) Chairman Ajay Tyagi on Saturday said the volatility in stocks was likely to continue but added there were no issues with the risk-management systems. He said the ongoing turbulence in the market was due to external factors, such as hardening of US bond yields, which were beyond its control.
 
The Indian market came off by 6 per cent from its all-time high, touched on January 29, amid a sell-off in global equities. (Read more)

Oil prices uncertain,