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Sebi directive: Regulator sets timeline for derivatives rejig on Bankex, BankNifty, and FinNifty; move to deepen sectoral representation

Markets regulator Sebi on Thursday issued fresh guidelines directing stock exchanges to realign eligibility norms and composition criteria for derivatives on non-benchmark indices such as Bankex, FinNifty, and BankNifty.According to the circular, exchanges will need to revise the composition and weights of these indices within specified timelines, PTI reported. The adjustment for Bankex and FinNifty…

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‘US behind China but will catch up’: Scott Bessent after Trump orders resumption of nuclear weapons testing; move follows Russia’s trials

US treasury secretary Scott Bessent on Thursday defended President Donald Trump’s decision to immediately resume nuclear weapons testing for the first time in 33 years, saying it was crucial to help America “certainly catch up” with China.“The US is lagging China in nuclear power development, but we can certainly catch up,” Bessent said during an…

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Boost for India’s Afghanistan plan! Trump admin extends waiver on Chabahar Port sanctions; why US move is important

On May 13, 2024, India entered into a decade-long agreement to operate the Chabahar port. In a boost for India’s regional connectivity plans especially with regard to Afghanistan, the Donald Trump administration has granted extension of sanctions waiver on Iran’s Chabahar port.According to an ET report, India has managed to get an extension for the…

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‘Because of other countries … ‘: Trump says US to start nuclear weapons testing; move follows Russia’s trials

US President Donald Trump US President Donald Trump declared that he has directed the Department of War to commence testing the nation’s nuclear weapons in response to testing programs by “other countries”. He added that this “process will begin immediately.”Trump asserted that the United States possesses “more nuclear weapons than any other country,” attributing this…

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SS Rajamouli’s Bold Move: The Near Clash of ‘Baahubali’ and ‘Bajrangi Bhaijaan’ Revealed! |

Director SS Rajamouli nearly postponed ‘Baahubali: The Beginning’ to avoid a clash with Salman Khan’s ‘Bajrangi Bhaijaan’. Despite initial concerns about Salman’s box-office power and even predicting ‘Bajrangi Bhaijaan’s’ success, the film was ultimately preponed by a week. Interestingly, both blockbusters shared the same writer, Rajamouli’s father. SS Rajamouli’s ‘Baahubali: The Beginning‘ was released during…

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LIC stake sale: Centre mulls up to $1.5 bn divestment by year-end; Sebi float rule drives move

The government is planning to sell a stake worth $1–1.5 billion (Rs 8,800–13,200 crore) in Life Insurance Corporation of India (LIC) by the end of this year, people aware of the discussions told ET. The move is aimed at increasing the insurer’s public shareholding to 10% — the level required under Securities and Exchange Board…

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Big relief for taxpayers! ITR filing deadline for audit cases extended till December 10; move follows courts order

The Income tax department on Wednesday extended the due date for filing income tax returns for AY 2025-26 for corporates and taxpayers requiring audit reports to December 10, 2025, according to a notification issued by the central board of direct taxes.According to an official notification issued by the CBDT, “The due date of furnishing the…

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India’s gold reserves: RBI gets home 64 tonnes of gold in first half of FY2026 – why move is important in era of global financial warfare

Countries around the world are growing increasingly cautious about maintaining sovereign assets abroad. (AI image) India’s gold reserves are increasingly being stored in the country – a significant move in an era where countries use financial warfare to mount pressure and settle scores. The Reserve Bank of India (RBI) has intensified its efforts to transfer…

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US stocks hit new peaks: S&P 500, Nasdaq set new highs; investors await Fed move and Trump-Xi dialogue

US stocks hit new peaks (AP) US stocks advanced on Monday, pushing further into record territory ahead of a week filled with major market-moving events—including a Federal Reserve policy decision and a highly anticipated meeting between US President Donald Trump and Chinese leader Xi Jinping.By mid-morning, the S&P 500 was up 0.9%, the Dow Jones…

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From Samastipur to Begusarai: Why PM Modi’s Bihar campaign start is a calculated political move; the 36% swing math explained | India News

NEW DELHI: Why did Prime Minister Narendra Modi choose the heart of Mithilanchal — not Patna, not Magadh — to launch the NDA’s campaign for Bihar’s upcoming assembly elections? The choice was steeped in both sentiment and strategy.The symbolism was unmistakable. PM Modi invoked the legacy of socialist stalwart and former chief minister Karpoori Thakur…

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