Uttar Pradesh bird sanctuary designated as Ramsar site, 100th such Indian wetland
Prime Minister Narendra Modi said the feat reflects Indiaโs unwavering commitment to protecting natural surroundings and wetlands
๐ฎ๐ณ ์ธ๋ ยท "DESIGNATED" ยท ์ด 10๊ฑด
ํํฐ ๋ณด๊ธฐํ์ฌ ์ง์
50.0
0 = ๋ถ์ ์ฐ์ธ
50 = ์ค๋ฆฝ
100 = ๊ธ์ ์ฐ์ธ
์ต๊ทผ 7์ผ ๊ธฐ์ค 6,237๊ฑด์ ๋ถ์ํ ๊ฒฐ๊ณผ, ๋ด์ค ์ฌ๋ฆฌ์ง์๋ 50.0(๊ท ํ)์ ๋๋ค. ๊ธ์ 0๊ฑด(0.0%)ยท์ค๋ฆฝ 6,237๊ฑด(100.0%)ยท๋ถ์ 0๊ฑด(0.0%)์ด๋ฉฐ, ์ค๋ฆฝ ๋น์ค์ด ๋๋ ทํ๊ฒ ๋์ต๋๋ค. ์ฑํฅ ์ง์๋ ์ข ํฉ 0.0(์ค๋ ๊ท ํ)์ ๋๋ค.
Prime Minister Narendra Modi said the feat reflects Indiaโs unwavering commitment to protecting natural surroundings and wetlands
The Central Board of Secondary Education (CBSE) on Wednesday clarified that students applying for verification and re-evaluation of Class XII answer sheets do not need to have accounts with State Bank of India, Canara Bank, Bank of Baroda or Indian Bank to make payments on its online portal, addressing confusion that emerged after the system was launched earlier this week, Times of India reported.The clarification came after several students claimed on social media that the portal appeared to restrict payments to customers of the four public sector banks. In a statement posted on X, CBSE said the portal only uses payment gateways operated by these banks and does not require applicants to hold accounts with them.Also Read: Claude, other AI tools used to breach CBSE portals: IIT PanelโCandidates may use the available online payment options โ UPI, net banking, credit card and debit card โ through the designated gateways,โ the board said.CBSE also said the portal continued to function smoothly despite a major cyberattack attempt on Tuesday, shortly after it went live. According to the board, the platform came under a barrage of denial-of-service attacks within minutes of its launch, receiving nearly 1.5 million hits in two minutes along with more than one lakh attempts at unauthorised file access.The board said its technical teams worked continuously to maintain the stability and security of the platform.โThe portal has accepted 4,924 applications for verification and 39,056 applications for re-evaluation (total of 43,980) as of 12 noon today,โ CBSE said.The board urged students to rely only on official CBSE communication for updates related to the process.Also Read: CBSE re-evaluation portal keeps lakhs of students guessingThe verification and re-evaluation window opened on June 2 for Class XII students who had earlier obtained scanned copies of their answer books evaluated under the boardโs new digital On-Screen Marking (OMS) system.
Active towing, designated short-stay parking zones proposed on key Raidurgam and Madhapur IT corridor stretches.
Candidates may use online payment options including UPI, net banking, credit card and debit card through the designated gateways, it said
The National Stock Exchange (NSE) has announced a significant change to trading hours in the equity derivatives segment with the introduction of the Closing Auction Session (CAS) framework.Starting August 3, 2026, the normal market closing time for equity derivatives will be extended by 10 minutes to 3:40 pm from the current 3:30 pm. While the extension is noteworthy, the bigger change lies in how closing prices for eligible securities will be determined.The move aims to ensure a smoother transition between the cash and derivatives markets at the end of the trading day while maintaining consistency in the pricing framework across segments.What is the closing auction session?The CAS is a structured trading window held at the end of the trading day. During this period, market participants place buy and sell orders to determine a single closing price for a security through an auction-based mechanism.Unlike the current system where prices evolve through normal trading until market close, the auction process discovers a fair closing price based on orders entered during the designated session.According to the exchange, CAS will initially apply only to securities in the cash segment that have derivative contracts available. The framework will roll out in phases, and any future expansion will be subject to SEBI guidance and separate operational instructions from the exchange.Why are derivatives trading hours being extended?Although CAS applies only to the equity segment, NSE decided to extend trading hours in the derivatives segment to ensure both markets remain aligned during the closing process.The exchange also clarified that the price bands and pre-trade risk control measures introduced as part of CAS in the cash market will be mirrored in the derivatives segment. This is intended to maintain consistency between the two segments during the closing phase of trading.How will the closing auction session work?The CAS will run for 20 minutes, from 3:15 pm to 3:35 pm. The process will begin with a transition phase between 3:15 pm and 3:20 pm, during which the reference price will be calculated using the volume-weighted average price (VWAP) of trades executed between 3:00 pm and 3:15 pm.Between 3:20 pm and 3:25 pm, participants will be able to enter both market and limit orders. From 3:25 pm to 3:30 pm, only limit orders will be permitted. During this period, market orders cannot be modified or cancelled.The order entry session will close randomly at any point between 3:28 pm and 3:30 pm, after which the auction process will determine the final closing price.How will closing prices be calculated?One key point highlighted by NSE is that there will be no change in the methodology used to calculate closing prices of derivative contracts. The volume-weighted average price (VWAP) used for derivatives closing price calculation will continue to be based on trades executed during the final 30 minutes of trading. However, because market hours are being extended, that 30-minute window will now shift to 3:10 pm-3:40 pm instead of the current 3:00 pm-3:30 pm.For securities eligible for CAS, the closing price in the cash segment will be determined through the auction process.Ashish Nanda, President and Digital Business Head at Kotak Securities summed up the shift by noting that the market is moving from a "continuous trading close" to an "auction discovered close".Under the current framework, closing prices are derived from the VWAP of trades executed between 3:00 pm and 3:30 pm. Under the new framework, closing prices for F&O-eligible stocks will effectively be linked to a 20-minute auction process running from 3:15 pm to 3:35 pm.What happens if a stock is removed from F&O?NSE clarified that eligibility for CAS is linked to the presence of derivatives on the stock. If a security is excluded from the equity derivatives segment on both exchanges, it will no longer be eligible for the CAS.In such cases, the closing price will revert to the existing methodology and be determined using the VWAP of trades executed during the last 30 minutes of trading. However, if the security continues to be part of the derivatives segment on at least one exchange, it will remain eligible for CAS.What happens to pending orders?The exchange outlined operational changes relating to order management. All unexecuted special orders, including stop-loss orders and disclosed quantity orders, will be cancelled. Pending orders that fall outside the revised price band will also be cancelled automatically, and members will receive appropriate cancellation notifications.Why does this matter for traders?For many market participants, the biggest implication is that the final closing price may no longer mirror the last traded price visible on trading screens at 3:30 pm.According to Ashish Nanda, this could require adjustments to trading strategies, particularly for option writers and arbitrageurs who rely heavily on closing prices for valuation, settlement and hedging decisions.While the derivatives market will remain open until 3:40 pm, the broader shift is not simply about extending trading by 10 minutes. It marks a change in how closing prices for eligible securities are discovered, with the exchange moving toward an auction-based mechanism designed to determine a single closing price at the end of the trading day.What happens to existing market timings?Apart from the revised closing time, most trading schedules remain unchanged. The pre-open session in the derivatives segment will continue to begin at 9:00 am and the normal trading session will continue to start at 9:15 am. Similarly, the trade modification window will remain unchanged and continue until 4:15 pm.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
The Comprehensive Economic Partnership Agreement (CEPA) between India and Oman is set to come into force on June 1, marking a significant milestone in bilateral economic relations. Both nations will formally announce the decision on Monday.This marks the fifth free trade agreement (FTA) implemented under the Modi government since 2014. It follows trade pacts rolled out with Mauritius (April 2021), the UAE (May 2022), Australia (December 2022), and the European Free Trade Association (EFTAโcomprising Switzerland, Iceland, Liechtenstein, and Norway in October 2025). India has also signed deals with the UK (July 2025) and New Zealand (April 2026), alongside concluding trade talks with the 27-nation European Union (EU) on January 27 this year.CEPA vs FTAModern trade pacts typically span around 20 chapters. These encompass comprehensive regulations across trade in goods, trade in services, investment, intellectual property rights, customs procedures, and dispute settlement mechanisms.Similar bilateral frameworks are also designated as Comprehensive Economic Cooperation Agreements (CECA), Comprehensive Economic Trade Agreements (CETA), or Economic Cooperation and Trade Agreements (ECTA).Also read: India-Oman CEPA to strengthen energy security, trade resilience and export growthIndia-Oman tradeBilateral trade between the two nations reached USD 11.18 billion during 2025-26, up from USD 10.61 billion in 2024-25. Indiaโs exports stood at USD 4.02 billion, while imports from Oman were valued at USD 7.16 billion.In the services domain, India's exports to Oman expanded from USD 397 million in 2020 to USD 665 million in 2024, driven primarily by telecommunications, computer and information, transport, and travel sectors. Conversely, services imports from Oman grew from USD 101 million to USD 197.7 million over the same period, led by transport, travel, telecom, and other business services.What does India gain? The deal unlocks 100% duty-free market access for Indian exports to Oman, covering 98.08% of Omanโs tariff lines, which represents 99.38% of the trade value (based on the 2022-23 average).Immediate Concessions: All zero-duty access comes into effect from "Day One" of the agreement. Currently, only 15.33% of Indiaโs export value (11.34% of tariff lines) enters Oman duty-free under the Most Favoured Nation (MFN) regime.Price Competitiveness: The pact eliminates the current 5% import duty on Indian goods worth USD 3.64 billion.Growth Drivers: Key sectors poised for immediate advantages include textiles, agricultural products, transport equipment, precision instruments, processed food, and gems & jewellery.New Horizons: The agreement unlocks fresh export windows for Indian minerals, chemicals, base metals, machinery, plastic, rubber, automobiles, clocks, instruments, glass, ceramics, marble, and paper.India-Oman CEPA: Key sectoral gainsOman will grant immediate zero-duty access to crucial Indian industrial segments, including:Iron and steelElectrical and industrial machineryMarine products and copper goodsFurthermore, the removal of the 5% tariff is set to directly bolster the competitiveness of Indian vehicles in the Omani market, while securing binding zero-duty access for key finished medicines and vaccines.India protects sensitive sectorsTo insulate local industries and farming communities, India has placed 2,789 tariff lines on its exclusion list.Excluded Categories: Key domestic sectors shielded from tariff concessions include transport equipment, major chemicals, cereals, fruits, vegetables, spices, coffee, tea, and products of animal origin.Manufacturing Safeguards: High-value manufacturing chains including rubber, leather, textiles, footwear, petroleum oils, and mineral-based products remain protected.Agricultural Shielding: Strategic segments such as dairy products, meat, oilseeds, vegetable oils, sugar, and food-processing residues are entirely kept out of the liberalisation purview.Service sector stands to gainWith Omanโs total global services imports standing at USD 12.52 billion in 2024, Indiaโs current share of 5.31% presents significant room for expansion.Oman has made robust commitments regarding the temporary entry and stay of Indian service professionals. Notably, the Intra-Corporate Transferees (ICT) ceiling has been raised from 20% to 50%, allowing Indian firms to deploy a higher volume of managerial and specialist personnel.Additionally, for the first time in any FTA, Oman has locked in specific commitments for professional service providers, benefitting Indian talent in IT, accounting, engineering, medical, education, construction, and consulting fields.Gains for India's agri sectorIndian agricultural exports such as natural honey, potatoes, cashews, boneless meat, and bakery items will secure immediate duty-free entry into Oman.Oman has agreed to dismantle tariffsโwhich currently range from 5% to 100%โon an array of items. These include cheese, curd, milk, cream, frozen fish, butter, meat, yoghurt, pastries, cakes, chocolate, sugar confectionery, mineral water, alongside animal and vegetable fats and oils.In return, Indian consumers will benefit from cheaper imports of Omani dates, with India granting zero-duty access for up to 2,000 tonnes of the commodity annually. New Delhi is also extending tariff concessions to Omanโs traditional products: Gum Arabica (utilised in food, pharmaceuticals, and cosmetics) and Frankincense (utilised in the incense and perfume sectors).Oman to benefit from tariff concessionsIndia is extending tariff concessions across 77.79% of its total tariff lines (equivalent to 12,556 lines), which encapsulates 94.81% of Indiaโs total imports from Oman by value.For items that hold significant export value for Oman but remain sensitive for domestic industries in Indiaโsuch as dates, marbles, and specific petrochemical productsโliberalisation will be managed via a controlled Tariff-Rate Quota (TRQ) mechanism.India strengthening presence in Middle EastThe Oman CEPA serves as another pillar in India's deepening trade ties with the Gulf Cooperation Council (GCC), following its May 2022 pact with the UAE. New Delhi is set to commence trade talks with Qatar soon, and has already inked terms of reference (TOR) to initiate broader trade pact negotiations with the entire GCC bloc (comprising Saudi Arabia, UAE, Qatar, Kuwait, Oman, and Bahrain).Despite its size, Oman commands vast geopolitical importance as it borders the Strait of Hormuz, a critical maritime chokepoint heavily relied upon by Asian enterprises for oil trade. The nation serves as a strategic gateway for Indian goods and services into the broader Middle Eastern and African markets.Currently, nearly 7 lakh Indian nationals reside in Oman, sending home approximately USD 2 billion in annual remittances. Over 6,000 Indian establishments operate within Oman, and India has clocked USD 615.54 million in foreign direct investment (FDI) from Oman between April 2000 and September 2025. Notably, this CEPA is the first bilateral trade pact Oman has signed with any nation since its agreement with the United States in 2006, cementing its position as Indiaโs third-largest export market within the GCC.
The Reserve Bank of India (RBI) on Thursday said that India's financial sector remained resilient in 2025-26, supported by healthy bank and non-bank balance sheets, improved asset quality and strong capital buffers. The central bank affirmed confidence in India's banking sector, indicating that it remains healthy, with gross bad loans at multi-decadal lows and stress tests showing banks can withstand severe shocks without breaching capital norms."Stress test results reaffirmed the resilience of banks, indicating their ability to withstand losses under adverse scenarios while maintaining capital buffers well above the regulatory minimum," the central bank said in its Annual Report. RBI further highlighted that the financial sector remained resilient on the back of healthy bank and non-bank balance sheets, improved asset quality and capital buffers, enabling double-digit credit growth.Also read: India steers boat through a risky channel between war clouds and El NinoRBI noted that bank credit growth gained momentum across sectors and outpaced deposit growth during the year, leading to a rise in the credit-deposit ratio. The transmission of policy repo rate changes to banksโ deposit and lending rates also remained robust amid conducive liquidity conditions.Bank credit to the commercial sector grew 15.9% year-on-year in 2025-26, up from 10.9% a year ago, while credit from non-bank sources expanded 13.3%, underscoring the continued strength of financial intermediation in the economy, the report said.RBI noted that profitability of scheduled commercial banks remained robust alongside improvement in asset quality. The gross non-performing assets (GNPA) ratio declined to a multi-decadal low, while the capital to risk-weighted assets ratio (CRAR) remained comfortably above regulatory requirements.The report added that asset quality and capital adequacy of non-banking financial companies (NBFCs) remained strong during the year. Urban co-operative banks also witnessed improved credit and deposit growth along with robust capital buffers and higher profitability.The central bank further said the share of external benchmark-based lending rate (EBLR)-linked loans increased during the year, aiding faster monetary policy transmission, while the proportion of marginal cost of funds-based lending rate (MCLR)-linked loans continued to decline.RBI on Central Bank Digital Currency (CBDC)The RBI indicated that it expanded its experimentation with Central Bank Digital Currency (CBDC) during 2025-26 by launching multiple pilots linked to direct benefit transfer (DBT) schemes of the Centre and state governments.In its Annual Report, the central bank said programmable CBDC was used to deliver food subsidies under the public distribution system (PDS) in Gujarat, Puducherry and Chandigarh. Beneficiaries were credited subsidies through CBDC wallets that could be redeemed only for eligible commodities at fair price shops and designated merchants.The RBI said the pilots leveraged the programmability feature of CBDCs, allowing targeted use of funds and improving efficiency in subsidy delivery.The central bank also advanced efforts in tokenisation of financial assets through the development of the Unified Markets Interface (UMI), a multi-layer platform aimed at improving settlement efficiency using wholesale CBDC.โA pilot on tokenisation of certificates of deposit (CDs) was initiated on UMI,โ the report said.On cross-border payments, RBI said it signed a memorandum of understanding with the Monetary Authority of Singapore (MAS) for collaboration on digital assets and held bilateral discussions with MAS and the Central Bank of the UAE (CBUAE) to operationalise a cross-border CBDC pilot.The RBI also joined multilateral initiatives led by the Bank for International Settlements (BIS) Innovation Hub, including Project Rialto and Phase 2 of Project Mandala, focused on improving cross-border payments using CBDCs.The report comes as central banks globally continue to explore digital currency infrastructure to improve payment efficiency, lower transaction costs and strengthen cross-border settlement systems.The research by the U.S.-based Atlantic Council think tank revealed that 146 countries & currency unions, representing over 98% of global GDP, are exploring a CBDC. There is a new high of 77 countries in the advanced phase of exploration, which includes development, pilot, or launch.
New Delhi: The BCCI's Anti-Corruption Unit has barred the usage of smart sunglasses by players and match officials in the ongoing IPL, citing its advanced communication features which allow live streaming and video calling through mobile data or Wi-Fi networks.In an advisory to the league's franchises, the BCCI ACSU has stated that it has been noticed that some companies are marketing and selling smart sunglasses to players and support staff."Kindly note that these devices are equipped with advanced communication features, including live streaming, sending and receiving text messages, as well as audio and video calling capabilities through mobile data or Wi-Fi networks," the Board said."Accordingly, under the PMOA Minimum Standards, such goggles/glasses are classified both as an 'Audio/Video Recording Device' and a 'Communication Device'."It is hereby notified that the possession and/or use of 'Smart Goggles' is strictly prohibited within the Players and Match Officials Area (PMOA)," it added.Players are prohibited from using communication devices in the designated PMOAs and in the ongoing edition Rajasthan Royals Romi Bhinder copped a Rs one lakh fine and a warning after being caught on camera using a phone in the team dugout during a match.In its latest advisory, the Board urged players and officials to deposit smart sunglasses as well before entering the PMOA and warned of action in case of non-compliance."All players and support staff are directed to deposit such devices with the Security Liaison Officer (SLO), along with their mobile phones and smartwatches, upon entering the PMOA on match days," the Board said."Failure to deposit such devices shall be deemed a breach of the PMOA protocols and may result in penalties under the PMOA Minimum Standards for IPL 2026," it added.The IPL this year has been rocked by incidents of code of conduct violations, prompting the BCCI to earlier issue a strict protocol which banned late night outings for players without permission from the security team.The Board has also disallowed guests in the players and support staff's hotel rooms due to security concerns and fears of honey-trapping.
Mumbai: The consolidated net profit of listed commercial banks crossed โน4 lakh crore for the first time in FY26, with top three lenders - State Bank of India (SBI), HDFC Bank and ICICI Bank - making up more than half the sector's aggregate bottom-line.Overall, private banks accounted for a slightly higher share of the profits at โน2.09 lakh crore, while state-run banks reported an aggregate net profit of โน2.01 lakh crore. The consolidated net profit of the top three lenders - also designated as systemically important by the banking regulator - totalled โน2.13 lakh crore. Overall, the banking industry's consolidated net profit rose 4.5% to โน4.11 lakh crore, and standalone net profit increased 7.5% to โน3.95 lakh crore. 131377238The net profit for banks may have been even higher but for the sharp, 45-basis-point rise in benchmark government bond yields in the fourth quarter and the unexpected imposition of the $100 mn cap on net open position just a day before year-end. The cap was introduced to curb the steep decline in the rupee against the dollar. Both factors, however, weighed on treasury incomes at banks.The top three banks accounted for 43% of deposits and 44% of advances, with system-wide deposits at โน251 lakh crore and advances at โน212 lakh crore by end March 2026.Advances of PSU banks rose 16%, while those of private banks grew 14%, while deposits rose 10% and 13%, respectively, in FY26 over previous year.Growth, however, may soften this year due to the impact of the West Asia crisis that began on February 28. "The economic fallout of the conflict may lead to lower GDP growth and higher inflation in FY2027," SBI Chairman S C Setty said in his address to shareholders in the bank's annual report. Loan Growth SlowingSBI expects credit to expand by 13%-15% in FY27 versus 17% previous year. At an analysts' meeting, Setty said, "Credit growth is a function of macroeconomic conditions. We do not want to grow faster than what the macro environment can support."Net profits of private and PSU banks were almost equal, despite PSU banks holding around 61% market share in total business (deposits and advances). PSU banks' net profit rose 11% to โน1.98 lakh crore, while private banks' profit increased 4% to โน1.96 lakh crore.
Madras high court on Wednesday ordered Tamil Nadu officials to ensure ban on cow slaughter in non-designated areas during Bakrid.