Wednesday, October 07
Zerodha Founder & CEO Nithin Kamath on Tuesday lauded Indian finance ministry and NSE for clarification of SCRA rules enabling stock brokers to invest their own funds without exchange approvals or restrictions. Calling it huge for Rainmatter, an initiative by Zerodha which supports and invests in Indian startups, Kamath said that Zerodha will now be able to allocate more capital to support domestic startups directly from the brokerage entity."Finally, after clarification of SCRA rules by @FinMinIndia and NSE, brokers can now invest their own funds without exchange approvals or restrictions. This is huge for @Rainmatterin. We can now allocate more capital to support Indian startups directly from the brokerage entity," Kamat tweeted on his official X handle.The government had in May, ame
A low-intensity earthquake of magnitude 4.2 struck Tibet early on Tuesday morning, the National Center for Seismology (NCS) confirmed.In a post shared on X (formerly Twitter), the NCS said, "EQ of M: 4.2, On: 10/06/2025 07:35:45 IST, Lat: 29.59 N, Long: 87.11 E, Depth: 30 Km, Location: Tibet. For more information Download the BhooKamp App," directing users to its official website for detailed seismic data.The tweet was accompanied by a seismic map showing the affected region, including parts of Nepal and north-eastern India. The NCS also tagged relevant authorities, including @DrJitendraSingh, @OfficeOfDrJS, @Ravi_MoES, @Dr_Mishra1966, and @ndmaindia, highlighting the government's continued monitoring of seismic activity in the Himalayan region.— NCS_Earthquake (@NCS_Earthquake)
