‘No interest in that right now’: Rahul Gandhi on Sonia Gandhi memoir row, cites ‘crime’ against Kharge

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We imported the auction, but we left out the brakes

India’s Closing Auction Session (CAS) was introduced to improve price discovery, but recent sharp swings have exposed gaps in its safeguards. Jimeet Modi argues that allowing order cancellations until the auction ends can leave markets vulnerable to manipulation, calling for stronger controls, deeper liquidity and better protection around index-level settlement prices.

Reliance JIO IPO: 7 risk factors investors should know as firm gets Sebi nod for Rs 37,000-crore offer

Reliance Jio’s proposed Rs 37,700-crore IPO has received Sebi approval, bringing the much-awaited listing closer. While the offering could value Jio Platforms at nearly Rs 9.5 lakh crore, its DRHP flags several risks, including spectrum challenges, intense competition, high capital expenditure, vendor dependence, infrastructure concentration and cybersecurity threats.

Authorities warn of fresh rainfall in Nepal’s flood-affected areas

Nepal’s meteorology department on Saturday warned of fresh rainfall and thunderstorms in the country’s flash flood-affected areas, threatening to disrupt ongoing rescue and relief operations amid the worsening crisis, according to a media report. An ice-rock avalanche following a glacial collapse near the Nepal-Tibet border sent a torrent of water, mud and debris downstream through…