Monday, October 19
Mumbai: The Securities and Exchange Board of India (Sebi) is likely to ease some of the curbs it proposed on equity futures and options trading in February following opposition from market participants, people familiar with the matter said.A panel appointed by the regulator recommended easing limits on index and single-stock derivatives and doing away with the suggestion to impose a penalty in the event of a transgression in the trading limits. The plan to change the way Open Interest or outstanding positions of futures and options are calculated will stay, they said.The regulatory rethink also comes against the backdrop of a sharp decline in F&O volumes from their peak over the last six months.Position limitsThe net positional limit for a trader or an entity in index options may be ra
New Delhi: Pakistan realised that India meant business after its eight air bases were destroyed, and "sued for peace" by seeking a cessation of hostilities, government sources said on Sunday. There was no need for a third-party intervention and, in fact, US Secretary of State Marco Rubio called External Affairs Minister S Jaishankar to convey that the Pakistanis got the message after being hammered by Indian missiles, they said. The comments dilute US President Donald Trump's claim that American mediation brought about peace, said the sources, pointing out that Trump is given to hyperbole. On Saturday, the US president claimed credit for the understanding reached between India and Pakistan on halting all military actions, saying the two sides agreed on a "full and immediate ceasefire" afte
