Rahul throws barbs at Modi in wake of India-US trade pact
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
32 minutes ago
- Time of India
Sebi Plans to Heighten Derivatives Surveillance
Live Events The Securities and Exchange Board of India (Sebi) is planning to enhance its surveillance system to check manipulation in the derivatives market, chairman Tuhin Kanta Pandey said on Monday. This follows the regulator barring US-based proprietary trader Jane Street from the securities market for allegedly generating illegal profits by manipulating indices through large derivatives positions.'This (Jane Street case) is essentially a surveillance issue,' Pandey said on the sidelines of an event. 'Surveillance mechanisms will be upgraded further to strengthen oversight.' He added that monitoring will continue at Sebi's as well as stock exchange levels.'Manipulative practices can be worked out by different players in different ways,' Pandey said. 'There is no one particular way in which you have to assess. Our regulations clearly mention that manipulative and fraudulent practices are not allowed in the market, and within the regulations, Sebi has all powers to investigate and act.'The chairman appeared to be of the view that such practices aren't widespread. 'There may not be many more such cases,' he said in response to a question on whether other funds may have manipulated the markets in a similar week, Sebi ordered the seizure of what it said were 'illegal gains' made by Jane Street to the tune of Rs 4,844 crore ($570 million) in one of the toughest punitive actions against an international trader. It's likely the largest amount thus impounded by the entities tied to Jane Street Group — JSI Investments, JSI2 Investments, Jane Street Singapore and Jane Street Asia Trading — have been prohibited from dealing in securities, directly or Street, which started its India operations in 2020, made a profit of about $4.3 billion between January 2023 and March 2025, the period under review, on its India regulator's finding is that the NSE's Bank Nifty Index — comprising stocks of India's top dozen lenders — was manipulated in a complex and illegal manner aided by JS Group's immense trading, financial and algorithmic Street would drive up prices with heavy buying in the morning and send them down through a selling spree later in the day, according to Sebi. It also sought to push index levels down with heavy sell orders close to the option expiry, the regulator found that Bank Nifty options alone contributed Rs 17,319 crore, amounting to 40% of the total index option's profits.
&w=3840&q=100)
First Post
33 minutes ago
- First Post
‘He's forging peace': Netanyahu meets Trump at White House, says he has nominated Potus for Nobel Peace Prize
US President Donald Trump hosted Israeli Prime Minister Benjamin Netanyahu at the White House on Monday to discuss efforts for a Gaza ceasefire and broader regional issues, as tensions remain high in the Middle East. read more US President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu at the White House on Monday, while Israeli officials held indirect talks with Hamas to try to secure a US-brokered ceasefire in Gaza and a hostage-release deal. Netanyahu's visit came after Trump predicted that an agreement could be reached this week. Before leaving for Washington, Netanyahu said his talks with Trump might help move forward negotiations happening in Qatar between Israel and the Palestinian militant group. STORY CONTINUES BELOW THIS AD This was Trump's third in-person meeting with Netanyahu since he returned to office in January. It came just over two weeks after Trump ordered strikes on Iranian nuclear sites to support Israeli air attacks. He then helped broker a ceasefire in the 12-day war between Israel and Iran. He's forging peace…: Netanyahu Moreover, Netanyahu said Monday he has nominated Donald Trump for the Nobel Peace Prize, presenting the US president with a letter he sent to the prize committee. 'He's forging peace as we speak, in one country, in one region after the other,' Netanyahu said at a dinner with Trump at the White House. Trump has received multiple Nobel Peace Prize nominations from supporters and loyal lawmakers over the years, and has made no secret of his irritation at missing out on the prestigious award. The Republican has complained that he had been overlooked by the Norwegian Nobel Committee for his mediating role in conflicts between India and Pakistan, as well as Serbia and Kosovo. #WATCH | Israeli Prime Minister Benjamin Netanyahu nominates US President Donald Trump for the Nobel Peace Prize PM Netanyahu says, "I want to present to you, Mr President, the letter I sent to the Nobel Prize Committee. It's nominating you for the Peace Prize, which is well… — ANI (@ANI) July 7, 2025 STORY CONTINUES BELOW THIS AD Trump and his team seem eager to use Iran's weakened position—which affects Hamas, its ally—to push for progress in the 21-month Gaza war. Trump also said he wants to talk with Netanyahu about the chances of a 'permanent deal' with Iran, Israel's main regional enemy. Instead of holding formal talks in the Oval Office, President Trump and Prime Minister Netanyahu planned a private dinner. It wasn't immediately clear why Trump chose a more low-key meeting this time. After arriving in Washington overnight, Netanyahu met on Monday with Trump's Middle East special envoy, Steve Witkoff, and Secretary of State Marco Rubio to prepare for his talks with the president. On Tuesday, he planned to visit the US Capitol to meet with congressional leaders. Before the visit, Netanyahu told reporters he would thank Trump for the US air strikes on Iranian nuclear sites. He also said Israeli negotiators were working toward a Gaza deal in Doha, Qatar's capital. Israeli officials hope that the outcome of the conflict with Iran could help normalize relations with more of its neighbors, including Lebanon, Syria, and Saudi Arabia—another topic likely to come up in talks with Trump. STORY CONTINUES BELOW THIS AD
Time of India
35 minutes ago
- Time of India
Uddhav hits out at CM over ‘rudali' comment, calls him ‘perverted and mean-spirited'
Mumbai: Hitting back at CM Devendra Fadnavis for his comment that the Thackeray cousins' 'reunion' rally was a "rudali" (professional women mourners) act and not a "victory celebration", Shiv Sena (UBT) chief Uddhav Thackeray said that the "original BJP " was "dead" and that "those who feel sad about the happy moments of Marathi people are very perverted and mean-spirited." Uddhav also clarified that he was not against any language but was against Hindi compulsion or the imposition of any language. "If they want to have three languages, they must tell us what third language will be taught in Uttar Pradesh," he said. "I can understand their (BJP) mentality because the original BJP is dead. It was murdered by these people. 'Rudali' is also a Hindi word. They have taken help from our party, Congress, NCP, and parties across the country to get people to express sorrow because the original BJP is dead," Uddhav said while speaking at Vidhan Bhavan. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai He also hit out at BJP minister Ashish Shelar, who compared the terrorists in Pahalgam to those assaulting non-Marathis in Mumbai. "We Shiv Sainiks are helping people without looking at caste or religion. Those who are comparing Marathi people with the terrorists of Pahalgam are the real killers of Marathi. They cannot even save Hindus; they are taking sides with those who do injustice to Marathi. If any BJP member is comparing a Marathi person who agitates for rights with the terrorists of Pahalgam, they are the killers of Marathi. So did the terrorists of Pahalgam join the BJP? They should tell us. Where did they go? Are they living in the houses of those who accused us? It is the misfortune of Maharashtra that such incompetent people are ruling in Maharashtra," he said. Uddhav also held a meeting of Sena (UBT) legislators in Vidhan Bhavan and asked them to remind assembly Speaker Rahul Narwekar about the appointment of the leader of ppposition (LoP) in the assembly. The Sena (UBT) will give a reminder letter to Narwekar on Tuesday asking him to make a decision on appointing an LoP. Narwekar has said they are studying the rules and examining if the LoP's post can be given if a party has less than 10% MLAs. After the budget session, this is the second session of the new Mahayuti govt without an LoP in the assembly. Uddhav hits out at CM over 'rudali' comment, calls him 'perverted and mean-spirited' Chaitanya Marpakwar Mumbai: Hitting back at CM Devendra Fadnavis for his comment that the Thackeray cousins' 'reunion' rally was a "rudali" (professional women mourners) act and not a "victory celebration", Shiv Sena (UBT) chief Uddhav Thackeray said that the "original BJP" was "dead" and that "those who feel sad about the happy moments of Marathi people are very perverted and mean-spirited." Uddhav also clarified that he was not against any language but was against Hindi compulsion or the imposition of any language. "If they want to have three languages, they must tell us what third language will be taught in Uttar Pradesh," he said. "I can understand their (BJP) mentality because the original BJP is dead. It was murdered by these people. 'Rudali' is also a Hindi word. They have taken help from our party, Congress, NCP, and parties across the country to get people to express sorrow because the original BJP is dead," Uddhav said while speaking at Vidhan Bhavan. He also hit out at BJP minister Ashish Shelar, who compared the terrorists in Pahalgam to those assaulting non-Marathis in Mumbai. "We Shiv Sainiks are helping people without looking at caste or religion. Those who are comparing Marathi people with the terrorists of Pahalgam are the real killers of Marathi. They cannot even save Hindus; they are taking sides with those who do injustice to Marathi. If any BJP member is comparing a Marathi person who agitates for rights with the terrorists of Pahalgam, they are the killers of Marathi. So did the terrorists of Pahalgam join the BJP? They should tell us. Where did they go? Are they living in the houses of those who accused us? It is the misfortune of Maharashtra that such incompetent people are ruling in Maharashtra," he said. Uddhav also held a meeting of Sena (UBT) legislators in Vidhan Bhavan and asked them to remind assembly Speaker Rahul Narwekar about the appointment of the leader of ppposition (LoP) in the assembly. The Sena (UBT) will give a reminder letter to Narwekar on Tuesday asking him to make a decision on appointing an LoP. Narwekar has said they are studying the rules and examining if the LoP's post can be given if a party has less than 10% MLAs. After the budget session, this is the second session of the new Mahayuti govt without an LoP in the assembly.
