NSE Increase Lot Size for Index Derivatives Post SEBI’s Order on Minimum Contract Value

In response to the Securities and Exchange Board of India’s (SEBI) directive to increase the lot size of derivatives contracts to a minimum value of ₹15 lakh, the National Stock Exchange (NSE) has raised the lot sizes for its five key index derivative contracts. The change will impact the Nifty50, Nifty Bank, Nifty Financial Services, … Read more

LuLu Group Set to Invest in Andhra Pradesh Again

The LuLu Group, a global retail conglomerate headquartered in Abu Dhabi, has once again set its sights on Andhra Pradesh for a major investment. Known for its expansive network of hypermarkets and malls across the Middle East, Asia, and other parts of the world, the group plans to contribute significantly to the economic growth of … Read more

Taliban to Ban Cricket in Afghanistan: World in Shock Over New Decision

Kabul, Afghanistan – In a move that has sent shockwaves through the international sports community, the Taliban government, under the leadership of Supreme Leader Hibatullah Akhundzada, is reportedly preparing to ban cricket in Afghanistan, declaring the sport to be “against Sharia law.” According to sources within the regime, Akhundzada believes that cricket violates the principles … Read more

Swedish Giant IKEA Invests ₹5,500 Crore in Noida for Second Meeting Place in India

Noida, Uttar Pradesh – September 2024: In a significant boost to Uttar Pradesh’s economic landscape, Swedish multinational IKEA, in partnership with Ingka Centres, has announced a massive investment of nearly ₹5,500 crore to establish its second meeting place in India. The project, unveiled by Chief Minister Yogi Adityanath, marks another major milestone in Noida’s rapid … Read more

Bitcoin Plunges Below $54,000 Amid Market Uncertainty

New York, September 6, 2024 – Bitcoin, the world’s largest cryptocurrency by market capitalization, dropped below the $54,000 mark today, triggering concerns across the broader digital asset market. This decline comes as part of a broader sell-off in the crypto sector, exacerbated by ongoing regulatory scrutiny and fears of tightening monetary policies globally. At 10:30 … Read more

India Overtakes China as the World’s Largest Plastic Polluter, According to University of Leeds Report

New Delhi, September 2024 — In a concerning development, a report from the University of Leeds reveals that India has become the world’s largest plastic polluter, surpassing China and Nigeria. The report underscores that India is now responsible for emitting one-fifth of the world’s total plastic waste, positioning the nation at the forefront of global … Read more

Indian Government Bans 156 Combination Drugs Including Paracetamol and Cetirizine

New Delhi, September 3, 2024 — In a significant regulatory move, the Indian government has announced a ban on 156 combination drugs, including widely used medications such as paracetamol and cetirizine. This decision comes after a thorough review by the Drugs Technical Advisory Board (DTAB), which found that the banned drugs lack therapeutic justification and … Read more

IIT Delhi’s Abu Dhabi Campus Formally Inaugurated by Crown Prince of Abu Dhabi

Abu Dhabi, September 3, 2024 — The Indian Institute of Technology (IIT) Delhi’s highly anticipated Abu Dhabi campus was officially inaugurated today by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council. The event marks a significant milestone in the … Read more