Market regulator Securities and Exchange Board of India (Sebi) has introduced new requirements for qualified stock brokers (QSBs) to offer either a UPI-based block mechanism or a three-in-one trading account facility to their clients from 1 February, 2025. This move aims to enhance investor convenience and provide more options for trading in the secondary market.

The Securities and Exchange Board of India’s (Sebi’s) six-step plan to curb retail participation in speculative index derivatives may lead to a substantial drop in volumes — potentially by 30-40 per cent.

These measures aim to reduce excessive speculation in the futures and options (F&O) segment, where daily turnover often exceeds Rs 500 trillion and retail investors end up on the losing side of the trade more often.

The Directorate General of Civil Aviation (DGCA) on Tuesday granted the requisite regulatory approval for the merger of AIX Connect ("AIXC"), formerly known as AirAsia, into Air India Express ("AIX").

Effective October 1, 2024, all aircraft of AIXC have been transferred seamlessly onto the Air Operator Certificate (AOC) of AIX, ensuring that airline operations of the combined entity continue without disruption to ensure a safe and smooth passenger experience.

Special Investigation Team (SIT) officials on Monday inspected the flour mill in Tirumala, where ghee is stored and tested in the lab before being used in Laddu Prasadam.

The row over the Tirupati Prasadam (laddus) began after Andhra Pradesh Chief Minister Chandrababu Naidu claimed that substandard ingredients, including animal fat, were used in the preparation of Tirupati laddus, the Prasdam offered at the Sri Venkateswara temple in Tirupati, during the previous YSRCP government.

Ahead of the festival season, oil marketing companies announced on Tuesday a Rs 48.50 hike in the price of 19 kg commercial liquefied petroleum gas (LPG) cylinders. The price of 5 kg Free Trade LPG cylinders has increased by Rs 12, but domestic LPG cylinders remain unaffected by this change.

The price increase will take effect from October 1, according to data available on Indian Oil’s website. The cost of 14 kg domestic LPG cylinders remains at Rs 803.

Delhi Chief Minister Atishi and cabinet ministers inspected and identified damaged roads in different parts of the city on Tuesday to ensure a pothole-free national capital by the end of October.

Atishi inspected the roads in the Sarai Kale Khan area. She was accompanied by local MLA Praveen Kumar.

Amid rising cases of deaths due to work pressure, a 42-year-old area manager of a private finance company in Jhansi has allegedly died by suicide, with his family accusing senior colleagues of "mental torture" over unmet recovery targets.

The deceased, Tarun Saxena, was found hanging at his home on Sunday. A suicide note recovered by the police has raised serious allegations of exploitation by his superiors at Bajaj Finance, where Saxena was employed as an area manager.

The Securities and Exchange Board of India (Sebi) on Monday approved the introduction of a new asset class, designed to offer greater flexibility to fund managers and target investors with a higher risk appetite. The markets regulator also cleared the liberalised Mutual Funds Lite (MF Lite) framework, aimed at fund houses that solely launch passively managed schemes.

Though the Sebi board, which includes representatives from the finance ministry and the Reserve Bank of India.

Congress leader Rahul Gandhi on Monday accused the Modi government of working for industrialists, and claimed that money keeps flowing into the account of Gautam Adani "like a tsunami" while the common man struggles.

He also asserted that the Congress will form a government in Haryana and bring about a change.

The Central Board of Film Certification told the Bombay High Court on Monday that actor-producer Kangana Ranaut has agreed to the cuts suggested by the CBFC in her movie "Emergency".

A division bench of Justices BP Colabawalla and Firdosh Pooniwalla was hearing a petition filed by the film's co-producer Zee Entertainment Enterprises, seeking a direction to the CBFC to issue a certificate for the film, helmed by Ranaut.

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