SEBI has banned Jane Street Group from Indian markets. The firm allegedly inflated prices before selling aggressively, profiting from options while retail investors were misled. SEBI is now seizing Rs 4,840 crore in unlawful gains, highlighting concerns about algorithmic trading's impact on the Indian derivatives market.
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Union Minister Kiren Rijiju asserted that only the Dalai Lama has the authority to decide his successor, directly addressing China's claims. This statement follows the Dalai Lama's declaration that the Gaden Phodrang Trust will manage the selection of his reincarnation.
A Royal Navy F-35B fighter, grounded in Thiruvananthapuram since June 14 due to an emergency landing, has been moved to a maintenance hangar for repairs. The UK Ministry of Defence expressed gratitude to Indian authorities for their support. British engineers arrived via RAF aircraft with specialized equipment to fix the aircraft, which experienced issues during refuelling.
The Union environment ministry has introduced model rules for tree felling on agricultural land, aiming to simplify regulations and promote agroforestry across states and UTs. This initiative encourages farmers to integrate trees into their farming systems, boosting agroforestry practices and supporting industries like pulp and paper.
Elon Musk's dismissive "What's Truth Social?" remark ignited a feud with Donald Trump, who criticized Musk as a "train wreck" and denounced his "America Party." Netizens swiftly countered Musk's claim, unearthing past posts where he referenced Trump's platform. This exchange highlights the escalating tension between the former allies.
Following a Mumbai Police SIT report ruling out foul play in the Disha Salian death case, MVA leaders, including Sanjay Raut and Rohit Pawar, are demanding a public apology from CM Fadnavis, Eknath Shinde, and other BJP leaders. They accuse the BJP of exploiting the case for political gain by linking Aaditya Thackeray to Salian's death.
Donald Trump received news of his tax bill's Senate passage during a Florida roundtable. The 'One Big Beautiful Bill Act' passed 51-50, with Vice President JD Vance breaking the tie. Three Republicans dissented over healthcare cuts and debt. The bill makes Trump's tax cuts permanent and introduces no taxes on tips. It includes Medicaid and food stamp cuts.
An 80-year-old man, MG Singh, alleges mistreatment at a private old age home in Noida, claiming confinement and inadequate care. Following an inspection, the UP women's commission exposed troubling conditions at Anand Niketan. Staff admitted to using restraints on inmates, citing mental health issues and understaffing.
Stock market recommendations: Mirae Asset Sharekhan suggests Tech Mahindra and Trent as top stock picks. Tech Mahindra, currently between Rs 1,680 and Rs 1,690, is expected to rise to Rs 1,760, while Trent, in the range of Rs 6,190 to Rs 6,210, anticipates reaching Rs 6,870.
The entertainment industry is still grappling with the sudden loss of actor and dancer Shefali Jariwala, who passed away on June 27 following a cardiac arrest. Her untimely death sent shockwaves across the nation, leaving fans and colleagues heartbroken. Now, her husband, actor Parag Tyagi, has shared a moving tribute on Instagram, remembering her as a radiant soul who lived life with purpose and unconditional love.
The Gujarat High Court has taken action against Bhaskar Tanna. He is a senior advocate. The court issued a contempt notice. This followed a viral video. It showed Tanna using a phone and drinking from a beer mug during a hearing. Judges expressed concern. They said his behavior damaged the court's dignity. Further hearings are scheduled.