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Business

SEBI to Partly Reverse Closing Auction Rules After Price Swikes

India's market regulator SEBI plans to partly reverse its new closing auction session (CAS) rules after sharp price swings in derivatives on expiry days. Introduced last month, CAS determines closing prices via a short auction. SEBI received 20,000 suggestions and may stop using CAS for derivatives settlement prices for at least a year, reverting to volume-weighted average prices of the last 30 minutes of trading.

Mint Markets··Mumbai

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Science

Wild Blacktip Sharks Hear Sounds Nearly 250 Feet Underwater

Wild blacktip sharks can detect sounds from nearly 250 feet away underwater. This ability helps them receive early warnings about prey, predators, and movements in their environment, allowing them to react before anything becomes visible. Sound serves as a crucial sensory tool beyond their sight in the ocean.

TOI World·

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Sports

Pakistan Withdraws from Legends Tournament Over Apology Demand

Pakistan Champions withdrew from the World Championship of Legends after their demand for a written apology from the Indian team was rejected by organisers. The dispute follows India's refusal to play Pakistan last season after the Pahalgam terror attack, leading to cancelled fixtures and walkovers. PCB sought assurances and apology but withdrew when demands were denied. WCL cited "unforeseen circumstances" for Pakistan's exit.

NDTV Cricket·

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World

Russian Drone Strike Kills Turkish Ship Captain, Indians Aboard

A Russian drone attack on a Turkish civilian vessel carrying corn in the Black Sea killed the ship's captain, Ukraine's President Volodymyr Zelensky confirmed. Indian and Azerbaijani citizens were also on board. Eleven crew members were rescued, with one injured. Zelensky condemned the strike and highlighted Russia's ongoing attacks on civilian ships, urging global pressure to restore food security.

HT World·

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Entertainment

Rajinikanth Returns as Retired Jailer in 'Jailer 2' Trailer

South superstar Rajinikanth reprises his role as a retired jailer in the upcoming film 'Jailer 2'. The movie features new actors including SJ Surya, Mithun Chakraborty, Vidya Balan, Suraj Venjaramoodu, Anna Rajan, and Jatin Sarna, alongside returning cast members Ramya Krishnan, Yogi Babu, Mirnaa, and Ritvik. Directed by Nelson, the film is set to release on October 15.

Amar Entertainment·

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World

CCB Files Case Over Fake SLC Facewash Sold Online

The Central Crime Branch (CCB) registered a case after Nemus Pharmaceuticals Pvt. Ltd. reported counterfeit versions of its SLC face wash being sold online. The fake product used the company's name, manufacturing license number, and packaging details. The complaint was filed by managing director Sridhar Kumar Shetty. The company operates from BTM Layout and Dharwad, Karnataka, with a licensed manufacturing unit. The counterfeit batch number was SLFW/26H005.

The Hindu··Bengaluru

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