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Get the appGetThe Securities and Exchange Board of India (SEBI) plans to partly reverse its Commodity Derivatives Settlement (CAS) rules following pushback from market participants. The regulator is examining position limits for non-agricultural contracts to enhance market liquidity. SEBI's chairman emphasized that any CAS-related action will prioritize the larger public interest.
Moneycontrol.com·
TechnologyKarnataka Chief Minister D K Shivakumar has directed officials to introduce Artificial Intelligence (AI) training in government schools starting from Class 6. Currently, AI training is provided to Class 9 students. The initiative will involve the IT department and private partners, including Google, which has shown interest. Additionally, plans are underway to establish an AI university in the state and recruit 956 outsourced teachers.
HT Education··Karnataka
BusinessGlenmark Pharmaceuticals has introduced new pump-pack versions of its over-the-counter Adapalene Gel USP, 0.1%, in the US dermatology market. Available in 15-gram and 45-gram sizes, the gel is marketed by Glenmark Therapeutics Inc. It competes with Differin Gel 0.1%, a leading OTC acne treatment. Marc Kikuchi, Glenmark's North America head, highlighted the launch's convenience and commitment to affordable healthcare.
Business Standard·
ScienceTasmania introduced brown trout for sport in 1864, which has since spread across the island's rivers and lakes. This invasive species poses a major threat to the native swan galaxias, a small freshwater fish growing up to 5 inches. With an estimated 6,000 swan galaxias remaining, conservation efforts focus on protecting populations isolated by natural barriers from trout predation and competition.
HT World·
WorldCCTV footage from a CaratLane jewellery store in Hyderabad shows a seven-member gang during a theft. Six members guarded outside while one broke display cases inside, stealing jewellery worth around Rs 2 crore, including 300-400 pieces of gold and diamond ornaments. The incident was reported to Medipally police, who collected evidence. The store has insurance coverage.
NDTV··Hyderabad
BusinessThe Nifty index is recovering after heavy selling, supported by improved global cues and easing crude oil concerns. Key resistance levels remain at 22,700-22,750, while traders watch the 22,400-22,450 support range. Market participants are also closely monitoring the upcoming RBI policy announcements for further direction.
Mint Markets·
Moneycontrol.com·
The Securities and Exchange Board of India (SEBI) plans to partly reverse its Commodity Derivatives Settlement (CAS) rules following pushback from market participants. The regulator is examining position limits for non-agricultural contracts to enhance market liquidity. SEBI's chairman emphasized that any CAS-related action will prioritize the larger public interest.
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