Category: Business News & Economy

The Securities and Exchange Board of India (Sebi) has introduced a mandatory Credit Risk-o-Meter for debt securities, aiming to enhance investor awareness regarding credit risk. This user-friendly tool features a standardized, colour-coded scale, similar to those used in mutual funds. Issuers and online platforms are required to showcase this meter in relevant documents, with public…

MCX has launched futures contracts on crude sunflower oil to help market participants manage price volatility and exposure to global supply-demand dynamics. With India importing nearly 2.8 million tonnes of its annual crude sunflower oil consumption, the contract aims to provide importers, refiners, processors and traders with an efficient risk-management mechanism.

Behari Lal Engineering’s IPO saw robust investor demand, with bids exceeding 108 times the shares offered. The company’s shares are expected to list on August 19, 2026, following strong grey market sentiment.

Reddit shares have experienced a remarkable surge following the announcement of their inclusion in the S&P 500 index. With index funds compelled to acquire millions of Reddit shares, this influx is expected to significantly surpass the average daily trading volume of the stock. The inclusion will take effect before the markets open on August 18,…

The decision to close the special scheme comes just a week after RBI governor Sanjay Malhotra said there was no plan for a premature closure

The Dow Jones Industrial Average rose 0.01%, the S&P 500 rose 0.10%, the Nasdaq Composite rose 0.18%

Sebi’s proposed overhaul would let NRIs, OCIs and eligible foreign nationals complete securities-market KYC digitally from abroad, easing onboarding and document-verification hurdles.

Reddit shares jumped 15% to $181.7 after being added to the S&P 500 next week, replacing AvalonBay Communities. The inclusion acknowledges Reddit’s significant market cap of $30 billion and aligns with its strong performance, boasting an eighth consecutive quarter of sales growth.

Common barberry, initially valued as a protective hedge, turned into a dilemma for wheat growers as it enabled the sexual reproduction of the wheat stem rust fungus. Researchers identified barberry’s significant role in the emergence of new rust strains. Comprehensive eradication efforts have notably decreased both barberry and rust populations, revealing the intricate relationships in…

SC extends shield to Abhishek Banerjee’s PA Sumit Roy till Wednesday