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SEBI Revises CAS Rules, Adopts Last 30-Minute VWAP for Settlement

The Securities and Exchange Board of India (SEBI) has revised the Client Asset Statement (CAS) rules and changed the derivatives expiry settlement methodology. SEBI restored the method of using the last 30 minutes' Volume Weighted Average Price (VWAP) for settling derivatives auctions. This update affects capital market stocks and futures and options (F&O) settlement processes on exchanges like BSE and NSE.

Business Standard·

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BusinessPhoto: Mint Markets

Indian Stocks See Strongest Weekly Rally Since April

Indian stocks experienced their strongest weekly rally since April, driven by a sharp rise in information technology stocks and a stronger rupee. However, the recovery remains concentrated in the largest companies. Foreign investors continued to sell, and crude oil prices above $100 per barrel are exerting pressure on corporate earnings, testing the sustainability of the rebound.

Mint Markets·

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SportsPhoto: Hindu Sport

Uttarakhand's Suchith Says Team Is No Longer Small

Uttarakhand all-rounder J. Suchith, key to the team's maiden Ranji Trophy semifinal appearance, said the team is no longer small. Suchith was the second-highest run-scorer with 454 runs and second-highest wicket-taker with 26 wickets last season. He emphasized his role in both performing and helping local players improve, supporting the captain tactically.

Hindu Sport·

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PoliticsPhoto: NDTV

Anti-India Slogans After Beef Khichdi Served Near Dhaka Temple

Anti-India slogans erupted after beef khichdi was served near a temple at Dhaka's Jagannath University, sparking disputes over religious sensitivities and campus rules. Islamic history students plan to slaughter cows on campus during Durga Puja. University initially banned animal slaughter citing health concerns but later allowed events if they don't disrupt others. Temple representatives oppose disruption near the temple.

NDTV··Dhaka

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PoliticsPhoto: ABP Live Hindi

Mallikarjun Kharge Raises Delimitation Issue Amid CEC Controversy

Congress President Mallikarjun Kharge wrote to Prime Minister Narendra Modi urging a bipartisan meeting before finalizing and presenting new delimitation proposals in Parliament. He emphasized giving all political parties and stakeholders sufficient time for consultation and warned against forcing a constitutional amendment bill through Parliament. Kharge highlighted the delay since the Monsoon session was adjourned on August 13 and criticized the government's handling of the bill since April 2026.

ABP Live Hindi·

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PoliticsPhoto: News18 Hindi

Rahul Gandhi Questions Loyalty Over 2013 Diplomatic Event

Rahul Gandhi criticized Foreign Minister S. Jaishankar by calling him an employee of US Secretary of State Marco Rubio. This sparked discussion about a 2013 diplomatic event when then-Foreign Minister Salman Khurshid hosted Pakistan's Prime Minister Raja Pervez Ashraf. The debate centers on whether meeting foreign leaders or following diplomatic protocol justifies questioning a minister's loyalty.

News18 Hindi·

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