Since the detection of very high energy (VHE) $gamma$-rays from Mrk 501, its broad band emission of radiation was mostly and quite effectively modeled using one zone emission scenario. However, broadband spectral and flux variability studies enabled
by the multiwavelength campaigns carried out during the recent years have revealed rather complex behavior of Mrk 501. The observed emission from Mrk 501 could be due to a complex superposition of multiple emission zones. Moreover new evidences of detection of very hard intrinsic $gamma$-ray spectra obtained from {it Fermi}--LAT observations have challenged the theories about origin of VHE $gamma$-rays. Our studies based on {it Fermi}--LAT data indicate the existence of two separate components in the spectrum, one for low energy $gamma$-rays and the other for high energy $gamma$-rays. Using multiwaveband data from several ground and space based instruments, in addition to HAGAR data, the spectral energy distribution of Mrk~501 is obtained for various flux states observed during 2011. In the present work, this observed broadband spectral energy distribution is reproduced with a leptonic, multi-zone Synchrotron Self-Compton model.
We attempt to explain the observed radio and gamma-ray emission produced in the surrounds of black holes by employing a magnetically-dominated accretion flow (MDAF) model and fast magnetic reconnection triggered by turbulence. In earlier work, standa
rd disk model was used and we refine the model by focussing on the sub-Eddington regime to address the fundamental plane of black hole activity. The results do not change substantially with regard to previous work ensuring that the details of the accretion physics are not relevant in the magnetic reconnection process occurring in the corona. Rather our work puts fast magnetic reconnection events as a powerful mechanism operating in the core region, near the jet base of black hole sources on more solid ground. For microquasars and low-luminosity active galactic nuclei (LLAGNs) the observed correlation between radio emission and mass of the sources can be explained by this process. The corresponding gamma-ray emission also seems to be produced in the same core region. On the other hand, the emission from blazars and gamma-ray bursts (GRBs) cannot be correlated to core emission based on fast reconnection.
