Indian stock exchanges are actively preparing to implement a new closing auction mechanism (CAS) from August 3, aimed at enhancing transparency in determining closing prices for securities with derivative contracts.
Sebi Chairman Tuhin Kanta Pandey has defended the newly rolled out Closing Auction System (CAS), stating that it is a transparent mechanism and that the industry needs time to understand the change. He acknowledged initial turbulence and concerns from fund houses but noted an increase in mutual fund participation.
The Supreme Court has issued a directive for the Shri Banke Bihari Temple in Vrindavan, mandating that all donations must be deposited into official donation boxes or the online temple treasury. This comes amidst serious allegations of sevayats siphoning off funds and obstructing online donation methods, highlighting the need for a transparent mechanism in temple management.
Market experts have largely supported Sebi's proposed changes to the expiry-day trading framework, including delinking derivatives settlement prices from cash-market closing prices and discontinuing live indicative index values during the Closing Auction Session (CAS), believing these will address volatility and manipulation.
India's market regulator, Sebi, is set to issue a consultation paper proposing changes to the methodology for determining settlement prices of derivative contracts, following significant feedback and 'sharp price spikes and distortions' observed during the recently implemented Closing Auction Session (CAS) mechanism.
BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.
TRAI Chairman Anil Kumar Lahoti has called for robust safeguards, human oversight, and intervention capabilities as Artificial Intelligence becomes increasingly integrated into telecom networks. While acknowledging AI's potential to transform network management and threat detection, Lahoti stressed the need for responsible AI deployment, risk assessments, and clear accountability to ensure consumer trust and prevent misuse, especially in combating online fraud.
The Election Commission has informed the Supreme Court that over 37 lakh appeals concerning deletions or inclusions in West Bengal's electoral rolls remain pending under the Special Intensive Revision. The apex court-appointed tribunals have disposed of only a fraction of the 38.20 lakh appeals filed, prompting the Supreme Court to seek data and a plan for streamlining the adjudication process.
BRICS finance ministers and central bank governors have called for increased representation of emerging-market and developing economies in the IMF and World Bank, while also criticising unilateral tariffs and trade measures, as the expanded bloc aims to bolster financial cooperation amidst global fragmentation.
Additional District and Sessions Judge Ravi Kumar Diwakar of Muzaffarnagar has publicly questioned the administrative recall of 97 serious criminal cases from his court. His remarks, made in an acquittal order, highlight concerns about judicial independence and the legality of withdrawing "part-heard" cases without proper procedure, especially after he had delivered 23 death sentences.
For India, the goal is not simply to host another grand diplomatic gathering. It is to prove that a diverse coalition of emerging powers can still deliver.
The Delhi High Court has refused to grant wrestler Vinesh Phogat an interim exemption to participate in the women's selection trials for the 2026 Senior World Championships. The court stated that eligibility criteria apply uniformly to all athletes and granting an interim relief to Phogat, who recently returned from maternity leave, would lead to unequal treatment without a full adjudication of the policy's validity. Phogat had sought to challenge the Wrestling Federation of India's (WFI) circular on eligibility, arguing it unfairly excludes athletes returning from maternity.
A report by 'Voter Adhikar Manch' has revealed that the number of excluded electors in Delhi's draft electoral roll under the Special Intensive Revision (SIR) exceeded the winning margin in 68 of 70 Assembly constituencies in the 2025 polls. The audit found over 47 lakh electors marked as absent, shifted, dead, or duplicate, raising serious questions about the integrity of the electoral process and the accuracy of voter lists.
The Supreme Court has sought responses from the Centre, states, and social media platforms Meta and X on a Public Interest Litigation (PIL) challenging police organisations' practice of posting content that reveals the identities of accused individuals or depicts them in a dehumanising manner. The PIL calls for guidelines to regulate police social media use and mechanisms for content removal.
Their message is blunt: Public scientific wealth should not be transferred at what they describe as 'throwaway prices'.capability, recruitment, promotional avenues and the voice of its employees.
Ladakh Lieutenant Governor Vinai Kumar Saxena has approved new rules for the regularisation of 'nautor lands', granting proprietary rights to eligible landholders. This move aims to resolve a long-pending issue, provide legal certainty, and allow land to be used as a financial asset for thousands of residents in the Union Territory.
Indian benchmark stock indices, Sensex and Nifty, experienced mixed trading following the introduction of a new Closing Auction Session (CAS) for shares with futures and options (F&O) contracts, aimed at enhancing price discovery transparency. Track Sensex, Nifty on August 4
Indian benchmark indices, Sensex and Nifty, closed lower, primarily due to a downturn in banking and financial stocks, coupled with crude oil prices remaining above USD 80 per barrel. Geopolitical uncertainties and new regulatory proposals for the non-bank lending sector also contributed to cautious investor sentiment.
The Delhi High Court has urged the Wrestling Federation of India (WFI) to establish clear guidelines and timelines for female athletes returning to competitive sports after maternity leave. The court's observations came during a hearing for grappler Vinesh Phogat, who is seeking permission to participate in selection trials for the 2026 Senior World Championships after her maternity break. Justice Swarana Kanta Sharma highlighted the unfairness faced by women athletes post-childbirth and criticised the WFI's current policies, hinting at the need for a balanced framework.
Uttar Pradesh Governor Anandiben Patel addressed AI Manthan 2.0, advocating for the comprehensive integration of Artificial Intelligence across all university subjects rather than as a standalone course. She urged universities to develop clear, time-bound AI roadmaps covering education, research, healthcare, and agriculture, emphasising indigenous AI development, employment creation, and the importance of "Safe and Trusted AI." The event also saw the formation of an AI Policy Advisory Group and an AI Implementation Group to drive these initiatives.
The larger question raised by the associations is simple: If ISRO is no longer to manufacture launch vehicles, what will happen to the institution's accumulated capabilities and the people who built them?
Indian benchmark indices Sensex and Nifty ended a four-day rally, closing lower on Tuesday following the introduction of a new Closing Auction Session (CAS) for F&O stocks, which has added a layer of volatility and led to an early adjustment in market structure.
Crypto can rise or fall for many reasons. Here's a simple guide to what gives digital assets value and drives their prices.
Chandigarh is set to launch the Central Bank Digital Currency (CBDC), or digital rupee, for Direct Benefit Transfer (DBT) under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) on August 14. This initiative makes Chandigarh the first Union Territory to fully roll out CBDC-based DBT for food subsidy, enhancing transparency and efficiency in welfare delivery. The digital rupee, issued by the RBI, will be purpose-bound for purchasing foodgrains from authorised merchants.
The Bangalore Hotels Association (BHA) on Wednesday warned that hotels affiliated to it and other hospitality bodies in the city would suspend business with online food delivery platform Swiggy from August 15 if the company failed to resolve longstanding issues relating to payment transparency, unauthorised deductions and advertising charges.
Chief Justice of India Surya Kant stated that while artificial intelligence (AI) can augment judicial reasoning, it cannot substitute judicial conscience, and a permanent apex body is proposed to supervise AI adoption and accountability within the judiciary.
The Allahabad High Court has ruled that investigating agencies cannot impose a blanket debit freeze on a person's bank account during cybercrime investigations. The court stated that restraint must be proportionate to the suspected proceeds of crime, directing banks to de-freeze accounts beyond the disputed amount. This ruling aims to protect innocent account holders from complete financial deprivation due to minor disputed transactions.
'Improved law and order and transparent governance have helped change UP's investment image.'
The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.
Chief Justice of India Surya Kant urged national law universities to proactively lead the integration of technology into the legal system, rather than merely reacting to changes. Speaking at a conclave, he stressed the importance of incorporating academic integrity and responsible AI use into the curriculum, rejecting outright bans on generative AI. The CJI highlighted that law schools must prepare graduates to critically engage with technological tools, ensuring justice, fairness, and human judgment remain central to the evolving legal landscape.
Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.
The Sports Ministry has suspended the Table Tennis Federation of India's recognition due to governance issues, including delayed elections, and has directed the Indian Olympic Association to form an ad-hoc committee to manage the sport.
Indian benchmark indices, Sensex and Nifty, experienced declines in early trade, primarily due to a surge in crude oil prices and a retreat in Wall Street, as investors reduced exposure to risk assets amidst geopolitical uncertainty. Track Sensex, Nifty on August 7, 2026.
The Azadpur Agricultural Produce Marketing Committee (APMC) has introduced an online payment system for gate pass fees, aiming to reduce congestion, enhance transparency, and streamline operations at Asia's largest wholesale fruits and vegetables market. This digital initiative is expected to benefit traders, drivers, and other stakeholders by speeding up vehicle entry and minimising cash transactions.
The Azadpur Agricultural Produce Marketing Committee (APMC) has introduced an online payment system for gate pass fees, aiming to reduce congestion, enhance transparency, and streamline operations at Asia's largest wholesale fruits and vegetables market. This digital initiative is expected to benefit traders, drivers, and other stakeholders by speeding up vehicle entry and minimising cash transactions.
The Securities and Exchange Board of India (Sebi) has swiftly barred Copthall Mauritius Investment and Mansi Share & Stock Broking from the securities market for alleged manipulative trades during the closing auction session (CAS) on Sensex expiry. The regulator has also directed the impounding of wrongful gains totalling 3.67 crore from the two entities.
Indian stock market indices closed on a mixed note, with the Sensex gaining 374 points driven by buying in Reliance Industries and ICICI Bank, while the Nifty remained flat. This divergence is attributed to a new Closing Auction Session (CAS) mechanism introduced by stock exchanges, impacting market liquidity and price discovery.
The Supreme Court has directed State Bar Councils to co-opt two women members, either former High Court judges or senior women advocates, to ensure greater gender representation. This move reinforces earlier directives for 30% women's representation and aims to dismantle the perception of Bar Councils as "men's clubs", promoting objectivity and transparency in their functioning.
The Delhi government has approved a new bill, the Delhi (Right of Citizen to Time Bound and Ease of Delivery of Services) Bill, 2026, which aims to make time-bound delivery of government services a legal right for citizens. This reform seeks to enhance transparency, accountability, and efficiency through a technology-driven framework, including digital service delivery, automatic escalation for delays, and a grievance redressal mechanism.
The Securities and Exchange Board of India (Sebi) has introduced a comprehensive new code of conduct for its board members, significantly tightening rules on conflict of interest, disclosures, recusals, and non-permitted investments, moving from broad ethical guidelines to a more prescriptive, compliance-driven regime.
