Zerodha founder and CEO Nithin Kamath has listed the potential impact of SEBI’s new transparent pricing circular on the broking industry. Sebi has directed market infrastructure institutions (MIIs), such as stock exchanges, to implement a uniform charging structure.
Read MoreHindenburg Research’s 2023 report against the Adani Group, one of the most impactful short-seller reports ever, erased up to $153 billion of market value from the Indian conglomerate. However, Hindenburg’s financial gains from this were relatively small, totaling just over $4 million. Despite the report’s substantial impact, the Adani Group’s market value has rebounded...
Read MoreOver 50 people died and several others were injured in a stampede at a religious congregation here on Tuesday, officials said. They said the incident occurred at a ‘satsang’ event in Pulrai village where people had gathered in large numbers. Senior Superintendent of Police, Etah, Rajesh Kumar Singh said, “Twenty-seven bodies have arrived in...
Read MoreThe game against India saw Bangladesh use only two pacers and didn’t include Taskin Ahmed in the XI. Bangladesh’s combination raised several eyebrows and there were speculations that the head coach dropped Taskin. India won the clash against Bangladesh by a mammoth 50 runs in Antigua. Bangladesh failed to qualify for the semis of...
Read MoreIndia’s first space-based solar observatory, Aditya-L1, successfully completed its first halo orbit around the Sun-Earth L1 Lagrangian point, Isro announced on Monday. The observatory was launched on September 2, 2023, and was inserted into its targeted halo orbit on January 6, 2024. This achievement demonstrates the spacecraft’s capacity to maintain its complex trajectory. Aditya-L1...
Read More