‘Broken overnight’: How stock market’s new closing auction is making traders jittery

The revised closing-price mechanism applies to more than 200 stocks with listed derivatives. India’s newly introduced closing price auction system has left traders jittery as they adjust to the new system. During the first week of trading under the new system, some traders said that one of the country’s most significant market structure reforms in…

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Musadik Malik: ‘Will cut off those hands’: Pakistan minister’s stark warning to India over Indus Waters Treaty

Pak warns India over Indus Waters Treaty Pakistan’s climate change minister Musadik Malik has issued a fresh warning to India over the suspension of the Indus Waters Treaty, saying, “It has already been declared that whoever touches our water, their hands would be cut off.” His remarks come as New Delhi continues to keep the…

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The Road to Fiscal Resilience | Chennai News

As the C Joseph Vijay-led Tamilaga Vettri Kazhagam (TVK) government prepares to present its maiden Budget later this month, its fiscal strategy is beginning to take shape. The focus is on improving tax collections through stricter enforcement, plugging revenue leakages, reforming state-owned enterprises, and curbing wasteful expenditure, while protecting politically sensitive welfare schemes and sustaining…

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