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Mint reported: Want to trade in derivatives? Take an exam. Also, prove your net worth is high enough to stomach the risks. That, in essence, is what a possible entry barrier to derivatives trading could look like as regulatory concerns continue to play out over the risks of retail investors trading in futures and options contracts. Whenever we see ideas for regulating rampant speculation such as these, we wonder if history has taught us any lessons.

Starbucks heads to the Supreme Court on Tuesday in a bid to limit a government labor board that has been eager to support union drives, a case that comes as other top companies are mounting aggressive defenses against the agency. In the Biden-era, the National Labor Relations Board has pursued the boldest enforcement agenda in recent memory to bolster worker protections. The board, which referees disputes between employers and workers, has expanded pathways for forming a union and made it easier for employees to challenge workplace practices.

Axis Bank has revised certain criteria, including average balance requirement, for salary and savings accounts with effect from April 1, 2024.

By Tejas Patil

Banijay Asia and Sporting Beyond have announced a strategic partnership aimed at redefining the landscape of cricket entertainment through content and live events. Reportedly, this collaboration is set to explore ways of merging cricket and entertainment, together called cricketainment. 

After upgrading itself with several generative AI models, Adobe is adding some new generative AI tools to its Photoshop creative software. The new model aims to give users additional ways to control the designs they generate. These new tools will be powered by Adobe’s new Firefly Image 3 foundation. Reportedly, the new models will be available from today through the Photoshop beta desktop app.

The Indian startup ecosystem within the space sector stands out as a remarkable success story, where technology innovators harness their expertise to craft solutions aimed at not only fostering self-sufficiency, but also positioning India as a global front-runner. From ambitious ventures to celestial bodies like the Moon and Mars, and even to an observation post for the Sun, India’s space endeavours have renewed enthusiasm among aspiring spacefarers.

The fund will track the WisdomTree US Quality Growth UCITS index, which follows the performance of US large-cap companies with «strong quality» characteristics, such high profitability and growth, which also meet WisdomTree's ESG criteria. The strategy has already been available in the US since 2022, but now Europe-based clients can access the tracker via the London Stock Exchange and Borsa Italiana. It will have a total expense ratio of 0.33% across all listings. Deep Dive: Investors urged to look beyond 'pure' AI plays as bubble concerns linger Pierre Debru, head of quantitative r...

Two lawyers from the Securities and Exchange Commission (SEC), Michael Welsh and Joseph Watkins, resigned on April 22 following a federal judge’s sanction and severe criticism of the regulatory agency’s handling of a crypto-related case.

India, the world's largest producer, consumer and exporter of spices, has sought details from food safety regulators of Singapore and Hong Kong, which has banned certain spices of Indian brands MDH and Everest due to quality concerns. The commerce ministry has also directed Indian embassies in both Singapore and Hong Kong to send a detailed report on the matter. The ministry has also sought details from the Indian firms — MDH and Everest, whose products have been banned for allegedly containing pesticide 'ethylene oxide' beyond permissible limits. «Details have been sought from the companies. Root cause of the rejection and corrective actions will be determined along with the exporters concerned,» a commerce ministry official said.

Emily Osment, who portrays Mandy McAllister, offers insights into her character's evolution in the forthcoming series, as mentioned in a report by Collider.

Kargil war of 1999 remains etched in history as a testament to India's valour and sacrifice. On July 26, 1999, India marked its victory in this war, hoisting the tricolor proudly atop the peaks of Kargil with the bravery and resilience of its soldiers. Among the numerous heroes of the Kargil war stands Yogendra Singh Yadav, the youngest recipient of the Param Vir Chakra, India's highest military honor. Yadav's valorous act of leading the assault on Tiger Hill, despite sustaining 15 bullets, earned him the title of the "Hero of Tiger Hill."

Alpha Capital Family Office, the Denver-based RIA, has announced the addition of Tom Riley to its team as the lead for portfolio management.

Nithin Kamath, the founder of Zerodha, recently in a social media post drew attention to the Bengaluru water crisis, warning that with the likelihood of more frequent extreme weather events in the future, such crises may recur. Kamath, who is one of India's youngest billionaires, also said that wastewater holds potential as a solution to this problem. Bengaluru's freshwater demand stands at approximately 2632 million litres per day (MLD), while it generates around 2000 MLD of wastewater, said Zerodha's founder. Presently, centralized sewage treatment plants handle about 1300 MLD of this wastewater, repurposing it for agricultural use. However, approximately 3500 residential and commercial complexes have decentralized sewage treatment plants (STPs), yet nearly 80% of the excess water from these STPs goes to waste. This excess STP water is of low quality and has limited usability beyond basic purposes like flushing and gardening, he said. Kamath proposed that if this excess STP water could be effectively converted into high-quality water, it could potentially satisfy around 450-500 MLD of the city's water demand through decentralized treatment methods.

Express Inc. has filed for Chapter 11 bankruptcy protection and the fashion retailer is seeking to sell the majority of its stores

Content powerhouse Banijay Asia, a joint venture between Deepak Dhar and Banijay, has inked a strategic partnership with Ravi Shastri's Sporting Beyond to launch non-fiction content and live event properties. The partnership will combine Banijay's strength in creating entertainment IPs with Sporting Beyond's expertise in cricket. Banijay Asia Group CEO Deepak Dhar told ET that the two companies have partnered due to their complementary strengths.

₹18,000-crore follow-on public offer, the largest so far by an Indian company, was oversubscribed more than six times on Monday, the last day of bidding, led by qualified institutional buyers that subscribed 19.3 times the portion reserved for them. The FPO, which is larger than the ₹15,000-crore FPO by Yes Bank in 2020, had opened for anchor investors on 16 April and retail investors on 18 April, closed on Monday.

₹5,254 crore worth of Indian equities and the total outflow stands at ₹8,982 crore as of April 19, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. The total debt outflows stand at ₹6,174 crore so far this month. ‘’FPIs sold equity worth ₹16,452 crore through exchanges.

job title determines your worth. Sure, in a corporate setup where a hierarchy is followed, titles define the amount of authority one has. But in no way does this dictate your potential. The real problem begins when an individual hunting for jobs or looking to switch careers runs after titles without weighing their contribution to the element of personal growth. Hence, it’s imperative to debunk this myth. Let us begin by understanding why often individuals attach their self-worth to their titles.

₹200 for debit cards at regular locations and ₹99 for Gramin locations. As per the ICICI Bank's website, these changes will come into effect from May 1, 2024 A look at services charged that have been revised by ICICI Bank Annual fee: ₹200 for regular locations, ₹99 for Gramin locations. Nil charges for the first 25 cheque leaves annually.