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Business

SEBI Reviews Derivative Expiry Settlement Rules to Boost Trust

SEBI Chairman Tuhin Kanta Pandey announced that the regulator is reviewing the derivative expiry settlement framework following the rollout of the Closing Auction Session (CAS). Over 3,500 responses on CAS have been received, prompting SEBI to quickly move ahead with proposals aimed at reforming India's capital markets to enhance trust and address safeguard gaps exposed by recent market swings.

Moneycontrol.com·

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World

Flydubai passengers say crew asked to untie Omani co-pilot after attack

Passengers on flydubai flight FZ1073 from Dubai to Tel Aviv reported a hijacking attempt when the Omani co-pilot, Hamam Al-Hammami, attacked the pilot-in-command, Smit Machchhar. After passengers restrained and tied the co-pilot, the crew reportedly asked them to untie him, raising suspicions. The pilot was injured but managed to open the cockpit door, allowing passengers to intervene and a second pilot to take control.

HT World·

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Politics

Trump Promises $5,000 Checks to All US Adults if GOP Wins Midterms

US President Donald Trump announced that if Republicans win both the House and Senate in the 2026 midterm elections, he will issue $5,000 checks to all adult US citizens residing in the country. The plan targets about 245 million adults, costing an estimated $1.22 trillion. Trump emphasized the payments would exclude American citizens living abroad.

HT World·

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Business

Mumbai Movie Tickets May Cost 7 Times More After BMC Tax Hike

Mumbai's film ticket prices could rise significantly following a proposed entertainment tax increase from ₹60 to ₹400 per show by the BMC. Exhibitors expect to pass this higher tax cost onto customers, potentially making tickets up to seven times more expensive. This change aims to boost municipal revenue but may impact moviegoers' expenses.

Mint··Mumbai

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World

Construction Begins on Gelephu International Airport in Bhutan

Bhutan has awarded the airfield construction contract for Gelephu International Airport to Rigsar-Vajra Joint Venture. The airport will feature a 3-kilometre runway, taxiways, aprons, and systems for safe, all-weather flight connectivity. This project is part of Bhutan's nation-building vision and the development of Gelephu Mindfulness City. The contract covers major infrastructure including the ATC tower and ground lighting.

NDTV World··Gelephu

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World

Ethiopian Tigray Rebels Abandon Regional Capital Amid Government Advance

On September 23, fighting broke out in northern Ethiopia as the Tigray People's Liberation Front (TPLF) launched attacks into neighboring states. This escalation has raised fears of a return to the devastating civil war that lasted from 2020 to 2022. The TPLF also abandoned the regional capital as government forces advanced.

Hindu World·

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