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BusinessPhoto: Mint Markets

Sebi Reinstates VWAP for Derivatives Expiry After Volatility

The Securities and Exchange Board of India (Sebi) has withdrawn the closing auction system (CAS) introduced two months ago for settling derivatives contracts due to causing abrupt price swings and uncertainty on expiry days. Instead, Sebi will calculate closing prices using a 30-minute volume-weighted average price (VWAP) on derivatives expiry days, Tuesdays and Thursdays. This decision follows market feedback and a review of the framework.

Mint Markets·

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PoliticsPhoto: HT World

Greenland Parliament Moves to Ban Deep-Sea Mining Until 2029

Greenland's parliament unanimously passed a proposal to ban deep-sea mining and exploration until at least the end of 2029. The move aims to protect fisheries and local livelihoods, amid limited scientific knowledge about environmental impacts. While minerals under Greenland's seabed could boost tech and defense industries and support independence from Denmark, concerns about environmental consequences remain strong among residents.

HT World·

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SportsPhoto: HT Sports

Dan Orlovsky's Brother-in-Law Federico Lascano Dies Suddenly

ESPN analyst Dan Orlovsky announced the sudden death of his brother-in-law, Federico Lascano, over the weekend. Lascano is survived by Orlovsky's sister Christine and their three sons, aged 18, 16, and 11. The cause of death is unknown. Orlovsky shared a GoFundMe to support his sister and nephews as they face financial and emotional challenges after this loss.

HT Sports·

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SciencePhoto: HT World

US Winter Expected to Be Wetter and Warmer Due to El Niño

The US winter is forecasted to be wetter and warmer, but not necessarily snowier, due to El Niño, according to the National Oceanic and Atmospheric Administration. This weather pattern will bring more moisture and higher temperatures, potentially ending Western drought but disappointing Northern snow enthusiasts. The warming trend also aligns with a 4-degree rise in US winter temperatures over the past 50 years, linked to climate change.

HT World·

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WorldPhoto: DNA India

Delhi Ramleela to Burn 30-Foot Cockroach Effigy with Ravan

Delhi's Ramleela celebrations will include a 30-foot cockroach effigy alongside Ravan, Kumbhkaran, and Meghnad. The cockroach symbolizes filth and aligns with Swachh Bharat and Swachh Delhi campaigns. Organizers say it carries a cleanliness message and is part of Ravan's army as an asura. The event is organized by Shree Keshav Ram Leela Committee in Pitampura, continuing Delhi's centuries-old Ramleela tradition.

DNA India··Delhi

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PoliticsPhoto: DNA India

ECI Orders Special Summary Revision of Electoral Rolls in 17 States

The Election Commission of India has ordered a Special Summary Revision of electoral rolls in 17 states and Union Territories ahead of the January 1, 2027 qualifying date. This drive targets states with Assembly polls early next year, focusing on adding eligible young and first-time voters and removing duplicates and deceased voters. Draft rolls will be published on November 12, with claims and objections accepted until December 11.

DNA India·

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