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MUMBAI: Markets regulator Sebi is investigating the four-and-half-hour trading disruption on MCX, the biggest commodities derivatives exchange in India, on October 28 that delayed the start of operations. If it finds faults with the exchange’s systems, MCX could face a monetary penalty.“Sebi has started an investigation into the same (trading halt on MCX),” a source…
Last week the Donald Trump administration announced sanctions against Russia’s leading oil corporations, Rosneft and Lukoil. (AI image) Donald Trump’s sanctions on Russia’s oil majors are unlikely to prompt India and China to completely stop buying Russian crude, though short-term disruptions are expected according to an analysis by Kpler, a global real-time data and analytics…
Amazon Web Services (AWS) has officially confirmed that its cloud infrastructure is back online after the major outage which disrupted hundreds of websites and apps across the internet. The company stated that the incident was caused by a combination of DNS resolution failures and internal load balancer degradation in its US-EAST-1 region, one of its…
Ship-tracking information revealed that the vessel Furia altered its course on Tuesday. (AI image) Within days of the US President Donald Trump announcing sanctions on two major Russian oil firms, a crude oil tanker headed for India has now taken a U-turn. According to a Bloomberg report, an India-bound tanker carrying Russian crude has changed…
The global economy is heading into a phase of weak growth and systemic disruption, the World Economic Forum (WEF) said in its latest Chief Economists’ Outlook released on Tuesday.India, projected by the IMF to grow 6.5 per cent in 2025, continues to be the fastest-growing major economy, but its manufacturing ambitions face hurdles from the…
