India's BSE falls on concerns shift in expiry day may hurt market share
BSE said on Tuesday that India's markets regulator has approved its request to move the expiry of equity derivatives contracts to Thursdays from Tuesdays from September 1.
The Securities and Exchange Board of India has mandated that expiry days for all equity derivative contracts should be limited to either Tuesdays or Thursdays.
In October, it had reduced the number of weekly options contracts available to investors to one benchmark index per exchange in order to curb a derivatives trading frenzy.
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Explainer-Why are farm goods holding up the India-U.S. trade deal?
By Rajendra Jadhav MUMBAI (Reuters) -U.S. and India trade negotiators were pushing on Wednesday to finalise a tariff-reducing deal ahead of President Donald Trump's July 9 negotiating deadline, but disagreements over U.S. dairy and agriculture remained unresolved. WHY ARE FARM GOODS IMPORTS SENSITIVE IN INDIA? Agriculture and its allied areas contribute just 16% to India's $3.9 trillion economy, but sustain nearly half of the country's 1.4 billion population. As farmers remain the most powerful voting bloc, Prime Minister Narendra Modi's government was forced into a rare retreat four years ago when it tried to push through controversial farm laws. The prospect of cheaper imports from the United States threatens to drive down local prices, handing the opposition a fresh opportunity to attack the government. New Delhi has traditionally kept agriculture out of Free Trade Agreements with other nations. Granting market access to the U.S. could force India to extend similar concessions to other trading partners. HOW DO INDIAN AND US FARMS COMPARE? The average Indian farm comprises just 1.08 hectares, compared to 187 hectares in the United States. In dairy, the average herd size in India is two to three animals per farmer, compared to hundreds in the United States. This difference makes it difficult for small Indian farmers to compete with their U.S. counterparts. Farming in India remains largely unmechanized because small, fragmented land holdings leave little room for large machinery. In many regions, farmers rely on techniques passed down through generations, a sharp contrast to U.S. farms, where cutting-edge equipment and AI-driven technologies have raised productivity. WHICH PRODUCTS IS US LOBBYING FOR? WHY IS INDIA RESISTING? The United States is pressing India to open its markets to a wide range of American products, including dairy, poultry, corn, soybeans, rice, wheat, ethanol, citrus fruits, almonds, pecans, apples, grapes, canned peaches, chocolates, cookies, and frozen French fries. While India is willing to grant greater access to U.S. dry fruits and apples, it is holding back on allowing imports of corn, soybeans, wheat, and dairy products. India does not allow genetically modified (GM) food crops, while most U.S. corn and soybean production is GM-based. Dairy remains a sensitive issue in India, where cultural and dietary preferences strongly influence food choices. Indian consumers are particularly concerned that cattle in the U.S. are often fed with animal by-products, a practice that conflicts with Indian food habits. WHY DOES INDIA OPPOSE US ETHANOL FOR BLENDING WITH GASOLINE? A key aim of India's Ethanol Blended Petrol (EBP) program is to cut dependence on energy imports by blending domestically-produced ethanol with gasoline. Significant investments by domestic companies mean that India is now close to achieving its ambitious target of blending 20% ethanol. Importing ethanol would undermine those companies. The EBP also helps manage surpluses of rice, sugarcane, and corn by diverting them to ethanol production. Allowing imports of U.S. ethanol would be a serious setback for India's emerging distillery sector. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Entrepreneur
an hour ago
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What is the Prop Consistency Rule? Prop Trading Rules Explained
Confused about the consistency rule enforced by prop trading firms? Learn how you can maintain consistency to pass challenges and keep funded accounts. Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Consistency rules are one of the most overlooked yet critical aspects of prop trading, especially for traders in India aiming to build a long-term career with funded accounts. While profit targets and drawdown limits are widely known, the consistency rule focuses on how profits are achieved over time. Most of the best prop firms in India now enforce consistency rules as a core part of their evaluation process, making it essential for traders to understand and plan for this requirement if they want to stay funded. What is the Consistency Rule in Prop Firms? The consistency rule limits how much of your total profit can come from your most profitable day. For example, if your total profit is ₹100,000, some prop firms may require that no more than ₹30,000 is earned from a single trading day. This ensures your strategy produces consistent performance, not just one high-risk trade that skews the results. This rule is especially relevant in India, where newer traders may be tempted to scale quickly by taking aggressive positions. Instead, the consistency rule encourages proper risk management techniques, disciplined trading, and repeatable execution. Prop firms assess how well traders can maintain consistency under pressure, reflecting true trading skill. If you'd rather trade without consistency rule restrictions, you might want to consider using one of the best forex trading platforms in India, where you're free to scale your strategy however you like. Comparing Consistency Rules Between Top Prop Firms Consistency rules aren't just about fairness, they help prop firms identify traders who can deliver stable performance, not just lucky spikes. The best prop firms enforce these rules to protect capital, promote disciplined trading, and ensure that payouts go to traders with reliable, repeatable strategies. For Indian traders aiming for long-term success, understanding how top prop firms apply consistency rules is essential before choosing a challenge. FXIFY : Enforces a 30% consistency rule in the Lightning Plan and Starter Futures accounts (Challenge and Live stages). Expert Futures accounts apply a 40% rule during the Live stage only. This limits single-day profits to promote stable, consistent trading. : Enforces a 30% consistency rule in the Lightning Plan and Starter Futures accounts (Challenge and Live stages). Expert Futures accounts apply a 40% rule during the Live stage only. This limits single-day profits to promote stable, consistent trading. DNA Funded : Enforces a 'Profit Distribution Rule' in the funded stage which is their version of a consistency rule, limiting any single day's profit to 40% of the total requested payout. Profits exceeding this threshold are excluded from the payout but do not breach the account. : Enforces a in the funded stage which is their version of a consistency rule, limiting any single day's profit to 40% of the total requested payout. Profits exceeding this threshold are excluded from the payout but do not breach the account. FXIFY Futures : Applies a consistency rule varying by account type: 30% for Starter accounts and 40% for Expert accounts. This rule is enforced during the Live stage to ensure profits are not concentrated in a single day. : Applies a consistency rule varying by account type: 30% for Starter accounts and 40% for Expert accounts. This rule is enforced during the Live stage to ensure profits are not concentrated in a single day. Blueberry Funded : Enforces a 30% consistency rule in its stock trading program. Traders cannot request a payout if any single day's profit exceeds 30% of the total profit balance. : Enforces a 30% consistency rule in its stock trading program. Traders cannot request a payout if any single day's profit exceeds 30% of the total profit balance. The Funded Trader : Implements varying consistency rules: 50% during Challenge phases, 45% in the Simulated Funded stage, and 20% for Instant Funding plans. These rules ensure traders demonstrate consistent profitability. : Implements varying consistency rules: 50% during Challenge phases, 45% in the Simulated Funded stage, and 20% for Instant Funding plans. These rules ensure traders demonstrate consistent profitability. The Trading Pit : Applies a 40% consistency rule in its Futures Challenges (both Classic and Prime models), limiting any single day's profit to 40% of the overall profit target to promote stable trading habits. : Applies a 40% consistency rule in its Futures Challenges (both Classic and Prime models), limiting any single day's profit to 40% of the overall profit target to promote stable trading habits. Funding Pips: Enforces a 30% consistency rule, ensuring that no single day's profit exceeds 30% of the total profit, thereby encouraging disciplined trading practices. As consistency rules become more complex and data-driven, traders need to understand how these requirements are actually measured. Noam Korbl, co-founder of the leading prop firm comparison site, BestPropFirms, says "Consistency rules aren't just about avoiding oversized trades, they're used by firms as a metric to assess whether a strategy is scalable and risk-adjusted over time. The top firms now analyze day-to-day profit distribution to flag strategies that may be over-leveraged or dependent on short-term volatility spikes." His insight highlights a growing trend - prop trading firms are no longer simply looking at profit totals or drawdowns. They're assessing whether traders' gains are statistically repeatable and resilient under varied market conditions. This makes it critical for traders to develop strategies that not only comply with the rules, but also demonstrate long-term trading viability. Why Prop Firms Use the Consistency Rule Prop firms put their capital on the line. They need traders who follow structured strategies that deliver sustainable profits without exposing them to excessive risks. If most of your gains come from one or two high-risk trades, it becomes hard for a firm to evaluate your true edge. What many traders overlook is that prop firms make money primarily from successful traders, not just from challenge fees. This business model relies on backing those who can generate consistent returns over time, which is exactly why the consistency rule exists. By applying consistency rule requirements, firms can filter out strategies that are volatile or short-lived. This helps them back traders who have proven they can generate stable results over multiple trading days, not just during short-term market opportunities. Drawdown Limits and Consistency Requirements The consistency rule is often paired with drawdown limits. While drawdown rules prevent significant losses, the consistency rule ensures profits are earned gradually. A trader might remain under the drawdown cap but still fail if one trade accounts for 70% of the total profits. Together, these rules promote careful trade size management, clear planning, and emotional control. This structure not only prevents large losses but also supports performance stability, allowing traders to continue trading long-term. How the Consistency Rule Impacts Trading Strategies Most prop trading firms, including those popular in India, use consistency rules to assess the quality of a trader's strategy. To comply, traders must design approaches that perform across various market and economic conditions, not just during high-volatility spikes. This impacts everything from position sizing to profit targets. You need to set realistic profit targets per day, spread performance over a minimum number of trading days, and avoid relying on single-day windfalls. This helps maintain consistency and reduces exposure to rule violations. Consistent Trading vs High-Risk Wins Some traders hope to clear challenges quickly with a single big win. But under consistency rule limits, this approach often backfires. A high-risk trade that yields half your total profit might disqualify you, even if your total profits meet the target. The better approach is to aim for steady growth. Consistent trading builds a stronger case for funding. It shows that your edge is not dependent on one market setup or an oversized position, but rather on a strategy that works across time. Other Common Trading Rules for Funded Challenges Most funded challenges also include a minimum number of trading days, drawdown limits, and rules on maximum daily losses. These rules encourage disciplined trading practices and proper risk exposure. For example, even if you hit your profit target in five days, you may still need to trade ten. This shows you can sustain results over time. Traders should also be aware that rules often change once they move to live funded accounts, in some cases, drawdowns tighten, or evaluation rules become stricter. How to Manage Risk Effectively Managing risk effectively is the core of surviving in a prop trading environment. It's not about maximizing short-term gains, but about controlling downside and aligning with firm requirements. Traders who fail often ignore this part and focus only on hitting profit targets. Effective Risk Management Techniques The first step in risk management is deciding how much to risk per trade. Fixed fractional risk methods (where each trade risks a set percentage of your capital) are widely used because they adapt to changes in account size and help avoid large losses. Other proper risk management techniques include using stop loss orders, daily loss caps, and reducing trade sizes after a profitable day. These practices maintain consistency and protect your trader's account during drawdowns or emotional periods. Evaluating Compliance and Avoiding Non Compliance Non compliance remains a top reason traders fail challenges. Whether it's exceeding a drawdown limit, relying on a single trading day's profit, or missing the minimum trading days, even profitable traders can lose their accounts. To stay compliant, you need to monitor daily profits, track your consistency percentage, and understand how close you are to firm limits. Evaluating compliance in real-time, not just at the end of the challenge, is what helps traders maintain their edge and avoid impulsive decisions. Maintaining Funded Accounts Securing a funded account is a major achievement, but it's not the finish line. Traders who relax risk controls post-funding are often the first to face account termination. Maintaining funded accounts requires you to stick with the same disciplined trading practices that got you funded. That includes avoiding excessive risks, following your plan, and continuing to track your performance across trading days. To maintain eligibility and continue trading long-term, treat each session with the same seriousness as during the challenge phase. This mindset shift is what encourages traders to build scalable careers in prop trading environments.
Yahoo
an hour ago
- Yahoo
Fiber Cement Market Outlook Report 2025-2030, with Competitor Profiles for James Hardie Industries, Etex Group, Nichiha, CSR, Gyproc, Everest Industries, Swisspearl, Shera, and Ramco Industries
The fiber cement market, valued at $14.437B in 2025, is set to grow at a 4.28% CAGR, reaching $17.807B by 2030. Driven by rising construction, eco-friendly demand, and government regulations, the Asia Pacific region leads growth. Key players include James Hardie, Etex, and Nichiha. Fiber Cement Market Dublin, July 03, 2025 (GLOBE NEWSWIRE) -- The "Fiber Cement Market - Forecasts from 2025 to 2030" has been added to fiber cement market, valued at USD 14.437 billion in 2025, is projected to grow at a CAGR of 4.28%, reaching USD 17.807 billion by 2030. This growth is driven by rising construction activities, strict regulations, and demand for eco-friendly products due to the material's resistance and fireproof traits. Market Trends The global expansion in the construction sector significantly boosts the fiber cement market. Rapid urbanization and industrialization in developing countries are major growth drivers, supported by international infrastructure investments, especially in residential construction. However, the market grapples with challenges such as high manufacturing costs and the need for skilled labor for advanced technologies. Regionally, the Asia Pacific is poised for the fastest growth due to urbanization, infrastructure investments, and awareness of fiber cement benefits. Government initiatives like India's 'Housing for All by 2024' program, alongside competitive advantages in raw material and labor costs, underline the region's potential for fiber cement market expansion. Key players in this sector include James Hardie Industries, Etex Group, Nichiha Corporation, CSR Limited, Gyproc, Everest Industries Limited, Swisspearl Group, Shera, and Ramco Industries, among others. Report Coverage: Historical data (2022-2024) & Forecasts (2025-2030) Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Trend Analysis Competitive Positioning, Strategies, and Market Share Analysis Revenue Growth and Forecast Assessment by segments and regions Company Profiles (Strategies, Financial Information, Key Developments) Report Highlights: Market Size, Forecasts, Trends by Product Type: Focus on fiber cement siding and roofing solutions. Insights on installation types: Increasing demand in residential and commercial spaces. Trends by End-Use Sector: With residential and infrastructure sectors as key adopters. Regional Growth Analysis: Assess market opportunities by region, with key players identified. Market Dynamics: Comprehensive coverage of growth factors, challenges, and opportunities. Competitive Intelligence: Insights into the market's competitive structure. Key Attributes: Report Attribute Details No. of Pages 142 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $14.44 Billion Forecasted Market Value (USD) by 2030 $17.81 Billion Compound Annual Growth Rate 4.2% Regions Covered Global Key Topics Covered: EXECUTIVE SUMMARY MARKET SNAPSHOT Market Overview Market Definition Scope of the Study Market Segmentation BUSINESS LANDSCAPE Market Drivers Market Restraints Market Opportunities Porter's Five Forces Analysis Industry Value Chain Analysis Policies and Regulations Strategic Recommendations TECHNOLOGICAL OUTLOOK FIBER CEMENT MARKET BY PRODUCT TYPE Boards Panels Sheets FIBER CEMENT MARKET BY FIBER TYPE Cellulose Fiber Steel Fiber Glass Fiber Others FIBER CEMENT MARKET BY APPLICATION Roofing Siding Cladding Others 8. FIBER CEMENT MARKET BY END-USER Residential Commercial Industrial FIBER CEMENT MARKET BY GEOGRAPHY North America South America Europe Middle East and Africa Asia Pacific COMPETITIVE ENVIRONMENT AND ANALYSIS Major Players and Strategy Analysis Market Share Analysis Mergers, Acquisitions, Agreements, and Collaborations Competitive Dashboard COMPANY PROFILES For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Fiber Cement Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
