Market regulator SEBI plans to extend equity derivatives’ tenure to curb losses

“The plans to extend the tenure of such contracts is at a conceptual stage,” SEBI chairman Tuhin Kanta Pandey said at the sidelines of an industry event “Markets regulator Securities and Exchange Board of India – SEBI  is planning to increase the tenure and maturity of equity derivatives contracts,” its chairman Tuhin Kanta Pandey said…

India’s inflation cools to 2.1% in June, extending slide to more than 6-year lows

  Consumer inflation had dipped to 2.82% in May. CPI data allows India room to ease rates at a time when Trump tariffs threaten growth. India’s economy rose by a faster-than-expected 7.4% in the quarter ended March. India’s consumer inflation continued to ease in June, hitting a lower-than-expected 2.10%, government data showed on Monday. The…

Pakistan shuts airspace for Indian airlines and halts all trade with India as ties nosedive after Pahalgam

  These decisions came a day after India’s Cabinet Committee on Security announced its own set of punitive actions against Pakistan in response to Tuesday’s terror strike in Pahalgam   Pakistan on Thursday announced a sweeping set of retaliatory actions against India, including the immediate closure of its airspace to all Indian-owned or operated airlines,…