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Sebi sees no need to review new stock closing auction immediately

Sebi sees no need to review new stock closing auction immediately

India's markets regulator sees no flaws in the structure or design of ​the new stock closing auction and is ​unlikely to immediately review it, a source with ‌direct knowledge of the matter told Reuters on Wednesday.

India's benchmark Nifty 50 index had seen sharp volatility earlier this week as a new mechanism to determine the closing prices of stocks was introduced on Monday.

Meta team meets IT Ministry officials after summons over PM's post removal

Meta team meets IT Ministry officials after summons over PM's post removal

Meta global team on Wednesday met top IT Ministry officials, following government summons over the removal of PM Narendra Modi's post on Facebook.

Wrongful action on prominent post and lapses in curbing child sexual abuse material on social media platform were among the concerns raised by the government.

News outlets can use audio-video clips of proceedings for reporting: SC

News outlets can use audio-video clips of proceedings for reporting: SC

The Supreme Court has clarified that its recent interim order restricting the sharing and uploading of audio and video clips of court hearings does not prevent news organisations from reporting on judicial proceedings.

The clarification came after the top court noted that "some confusion persists" over its July 24 interim order.

ISI-backed module planned to attack Jantar Mantar during protests: Police

ISI-backed module planned to attack Jantar Mantar during protests: Police

A day after Punjab Police busted two ISI-backed cross-border terror modules, the police on Wednesday said one of the modules had planned to attack Delhi's Jantar Mantar during recent student protests and its members had even travelled to the site with logistical support and materials to make petrol bombs.

Shah Rukh Khan claims No 1 spot as India's most powerful celebrity in 2025

Shah Rukh Khan claims No 1 spot as India's most powerful celebrity in 2025

Shah Rukh Khan claimed the number one position as India’s most powerful celebrity in 2025, with a brand value of $177.9 million, climbing two spots from 2024, according to Kroll India’s Celebrity Brand Valuation 2025.

Shah Rukh Khan claimed the number one position as India’s most powerful celebrity in 2025, with a brand value of $177.9 million, climbing two spots from 2024, according to Kroll India’s Celebrity Brand Valuation 2025.

RBI proposes to harmonise framework on interest rates on advances: Malhotra

RBI proposes to harmonise framework on interest rates on advances: Malhotra

The Reserve Bank of India (RBI) proposed to harmonise and standardise the regulatory framework on interest rates on advances for all regulated entities (REs) to enhance transparency in lending rates and strengthen consumer protection, Governor Sanjay Malhotra said on Monday.

In its statement on development and regulatory policies, the RBI said that the proposed rationalisation aims to harmonise the guidelines across REs

Eisai launches Alzheimer's drug Leqembi in India after CDSCO approval

Eisai launches Alzheimer's drug Leqembi in India after CDSCO approval

Japanese drugmaker Eisai has launched Leqembi (lecanemab) in India following approval from the Central Drugs Standard Control Organisation (CDSCO), becoming one of the first companies to introduce a disease-modifying therapy for patients with early Alzheimer’s disease in the country.

The therapy is indicated for patients with mild cognitive impairment (MCI) and mild dementia due to Alzheimer’s disease.

LIC shares fall nearly 9% as govt launches OFS at ₹382 floor price

LIC shares fall nearly 9% as govt launches OFS at ₹382 floor price

Shares of state-owned Life Insurance Corporation of India (LIC) fell sharply on Tuesday after the government launched an offer for sale (OFS) to reduce its stake in the insurer, with the floor price set at a discount to the previous closing price.

The floor price was set at ₹382, a 10.8 per cent discount to Monday’s closing price of ₹428.50 on the National Stock Exchange (NSE).

Assam flood toll rises to 87 with 2 more deaths, nearly 130k still affected

Assam flood toll rises to 87 with 2 more deaths, nearly 130k still affected

The toll in Assam's flood rose to 87 with two more fatalities, and nearly 130,000 people were still affected by the deluge even though water was receding from most of the inundated areas across the state, officials said on Tuesday.

However, the India Meteorological Department (IMD) has predicted extremely heavy rain with thunderstorms in Arunachal Pradesh and Meghalaya for the next few days, which could affect several Assam districts bordering the two states.

L&T secures ultra-mega ADNOC Offshore order worth over ₹15,000 crore

L&T secures ultra-mega ADNOC Offshore order worth over ₹15,000 crore

Larsen & Toubro's (L&T's) offshore hydrocarbon business has secured an order worth more than ₹15,000 crore from ADNOC Offshore for a major project in the West Asia, the company said on Tuesday.

L&T Energy Hydrocarbon Offshore (LTEH Offshore) will execute the project through a consortium arrangement and serve as its lead partner. The project involves developing multiple offshore facilities.

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