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Nations chase America’s Indian tech talent formula

Annamalai's formula is likely to be a blockbuster. Vijay has already proved it

Annamalai's formula is likely to be a blockbuster. Vijay has already proved it

Patna police book coaching institute owner in firing case; govt. to step in to curb rivalry

Khan’s bodyguards had fired in the air after his centre was attacked on June 2; Education Minister says State government will formulate a policy soon to curb rivalry among coaching institutes

Decoding UP's Political Battle: Can BJP Counter Samajwadi's PDA Formula?

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Congress slams Modi govt. over CBSE’s ‘U-turn’ on three-language formula

In a statement on X, Congress general secretary Jairam Ramesh demanded Education Minister Dharmendra Pradhan’s resignation

Supreme Court dismisses plea seeking guidelines for time-bound disposal of cases

The plea also sought formulation and implementation of a uniform national case flow management policy applicable to all courts in the country

Absolute incompetence of BJP unmasked by NFHS-6 data: Kharge

Congress chief Mallikarjun Kharge accused the BJP of having a five-step formula to hide its sin: burying selected data, abandoning the vulnerable, advertising “Sabka Saath” and “Amrit Kaal”, manipulating the narrative and protecting Prime Minister Narendra Modi’s PR at all costs

Brokers prepare rollout of algo trading tools for retail investors

Mumbai: Major brokers are preparing to roll out algorithmic tools for retail traders over the next few months, amid greater regulatory clarity on retail participation in such trading practices.The move is set to not only help brokers expand revenue streams by charging fees to access the trading algorithms (algos), but also help fintech firms scale up by distributing their algo strategies across multiple platforms. Retail clients may be able to access such strategies for as little as ₹5,000 per strategy.Algorithmic or algo strategies use computer programs or pre-set formulas to execute trades when certain conditions like price, volume or technical patterns are met.Sebi's revised framework for safer participation of retail investors in algorithmic trading has been fully implemented since April 2026. It stipulates that brokers must obtain exchange approval for each algo, tag all orders for audit trails, monitor application programming interface (APIs), and handle investor grievances. In addition, exchanges must supervise algo trading through testing and surveillance. Given the regulatory clarity, many brokers have now rushed to provide services.Large traditional brokers such as HDFC Securities and Motilal Oswal Financial Services already provide algos to clients. Other brokers are in the process of launching such services. Raise Securities, which owns Dhan trading platform, recently acquired the algo-provider startup Stratzy. Angel One, Upstox, SBI Securities, Kotak Securities, IIFL Capital Services and 5paisa are also preparing to offer these services to clients. Groww is also in conversation with algo platforms to onboard some strategies. Email sent to Groww did not elicit a response until press time."While algo trading has been around for some time using APIs provided by brokers, we expect higher adoption by retail customers in the long term," said Gaurav Seth, managing director and chief executive officer at 5paisa Capital.The algo strategies are expected to attract retail derivatives traders. Currently, 12 algo providers or vendors are registered with the NSE.According to Mohit Bhandari, cofounder and chief executive of Stratzy, an algo strategy provider, most retail traders either do naked derivatives trading, or have to create trading strategies using multiple futures and options to hedge their risk, which is difficult to track. "Algo trading provides convenience through automation. It also becomes much easier to deploy sophisticated strategies," Bhandari said.Brokers eye algos offerings"The algorithmic trading landscape is becoming increasingly competitive. We anticipate a significant shift in trading volumes toward algorithmic strategies over the next two years," said Puneet Maheshwari, director at Upstox.

3-Language Formula To OSM Row: Major CBSE Controversies During Ex-Chairman Rahul Singh's Tenure

On Tuesday, the Centre transferred Singh from the post of CBSE chairperson amid the escalating row over the board's On-Screen Marking system and ordered an inquiry

Alkem Labs sees Rs 930 crore block deal as promoter family entities pare stake; Goldman, Morgan Stanley among key buyers

Shares of Alkem Laboratories witnessed block deals worth about Rs 930 crore on Tuesday, with promoter family entities selling shares to a clutch of domestic mutual funds and foreign institutional investors. According to NSE block deal data, a total of 17.88 lakh shares changed hands at Rs 5,200 apiece. The transaction value works out to about Rs 930 crore.On the sell side, Jayanti Sinha sold 12.38 lakh shares, while Samprada & Nanhamati Singh Family Trust offloaded 5.5 lakh shares. Together, the two sellers divested 17.88 lakh shares. The shares were acquired by a mix of domestic and foreign institutional investors.Among the largest buyers were ICICI Prudential Mutual Fund, which purchased 9.04 lakh shares, and HDFC Mutual Fund, which bought 5.1 lakh shares. Other participants included DSP Mutual Fund, Nippon India Mutual Fund, Morgan Stanley Asia Singapore, Goldman Sachs Bank Europe, BNP Paribas Arbitrage, Societe Generale and Edelweiss Mutual Fund.The deal comes after a strong run in Alkem Laboratories shares over the past year, supported by steady growth in its domestic formulations business, improving margins and a recovery in its US operations.Alkem is among India's leading pharmaceutical companies with a strong presence in acute therapies, chronic segments and international markets. The participation of large domestic mutual funds in the transaction suggests continued institutional interest in quality healthcare names despite broader market volatility.Shares of Alkem Laboratories are likely to remain in focus as investors assess the impact of the stake sale and changes in promoter shareholding following the transaction.

Kollam fully equipped to tackle monsoon emergencies : Collector

Local self-government institutions have been strictly instructed to formulate and execute scientifically planned projects tailored to counter potential disaster scenarios

18 Ministers, 13 Castes, 3 PhDs: Decoding BJP’s Bengal Cabinet Formula

With an average age of 57, the cabinet largely leans on seasoned leadership while making room for a younger generation of politicians.

Karnataka Deputy CM Formula On Table? Siddaramaiah, Shivakumar In Delhi As Talks Enter Crucial Phase

Congress leaders have rushed to Delhi as talks intensify over Karnataka Cabinet berths, caste balance and the possibility of multiple deputy chief ministers.

CBSE’s three-language formula triggers concerns among students, parents

Stakeholders fear mandatory inclusion of two Indian languages from Class IX could disrupt academic plans, limit foreign language options and increase pressure on learners

2 mainboard IPOs set to hit D-Street after a month of lull

India's primary market is set for an active week in the mainboard segment, with two public issues scheduled to open for subscription even as investor sentiment remains selective amid volatile equity markets and heightened global uncertainty. The spotlight will be on the IPOs of CMR Green Technologies and Hexagon Nutrition, which together aim to raise nearly Rs 770 crore.The offerings come at a time when the IPO market has seen a lull for a few weeks in a tepid 2026. While several companies have secured regulatory approvals in recent weeks, many have put off their IPO plans due to market volatility.The first issue to hit the market next week will be CMR Green Technologies. The company's IPO will open on June 3 and close on June 5. The issue is priced in the range of Rs 182-192 per share and aims to raise Rs 630.9 crore. Equirus Capital is managing the offering.CMR Green Technologies operates in the metal recycling and circular economy segment, manufacturing recycled aluminium and zinc products for automotive and industrial applications. The company counts several leading automotive manufacturers among its customers and is positioned to benefit from increasing adoption of recycled metals and sustainability-focused manufacturing practices.The company is expected to attract investor interest given the growing focus on resource efficiency, electric vehicles and environmental regulations that are encouraging the use of recycled materials.The second mainboard issue scheduled for next week is Hexagon Nutrition.The IPO will open on June 5 and close on June 9. The company has fixed a price band of Rs 42-45 per share and plans to raise Rs 138.9 crore through an offer for sale of 3.09 crore shares. Since the issue is entirely an OFS, the company will not receive any proceeds from the public offering.Hexagon Nutrition is a research-driven nutrition company engaged in manufacturing micronutrient premixes, wellness and clinical nutrition products, therapeutic formulations and ready-to-use nutritional foods.Founded in 1993, the company operates manufacturing facilities in Maharashtra, Tamil Nadu and Uzbekistan and exports products to more than 75 countries. Its products are sold through both business-to-consumer and business-to-business channels and include brands such as Pentasure, Obesigo, Pediagold and Nutrone.The company has reported steady financial growth in recent years. Profit after tax rose to Rs 24.4 crore in FY25 from Rs 12.2 crore in FY24 and Rs 5.8 crore in FY23, while total income increased to Rs 331 crore.At the upper end of the price band, Hexagon Nutrition is valued at around 15 times post-issue earnings.Market participants will closely watch subscription trends in both issues as they could provide a signal on investor appetite for new listings after months of fluctuating market sentiment.The broader market environment remains mixed. Indian equities have faced pressure this year from elevated crude oil prices, geopolitical tensions in West Asia and foreign institutional investor outflows. However, strong domestic liquidity and continued retail participation have helped support primary market activity.SME segmentApart from the mainboard issues, the SME segment is also expected to remain active next week.Genxai Analytics plans to raise about Rs 55 crore through its NSE SME IPO, which opens on June 5 and closes on June 9. The issue is priced at Rs 110-116 per share. Vahh Chemicals will launch a fixed-price SME issue worth Rs 13.5 crore between June 4 and June 8 on the BSE SME platform.Merritronix will also tap the SME market with a Rs 70 crore issue opening on June 1 and closing on June 3.While SME offerings continue to attract investor interest, listing performance has remained mixed in recent months, making subscription quality and valuation discipline increasingly important factors for investors.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Centre withdraws draft sugarcane order

New Delhi: The Centre has withdrawn the draft Sugarcane (Control) Order, 2026, saying it needs to be revisited in the light of objections received from state governments and other stakeholders.The Food Ministry had circulated the draft for public comments, with a May 20 deadline.Also Read: Sugarcane FRP hiked to Rs 365/quintal for 2026-27 season"Based on the suggestions/comments received from state governments and other stakeholders, it is considered necessary to revisit the draft Sugarcane (Control) Order, 2026," the ministry said in an office memorandum.The draft sought to replace the 60-year-old Sugarcane (Control) Order, 1966, with a new regulatory framework that proposed, among other things, bringing the ethanol and khandsari sectors under government regulation.The move drew opposition from khandsari units and farmers. The draft had proposed redefining a khandsari unit as one with more than 10 workers and a crushing capacity of over 500 tonnes per day. Under the existing rules, a khandsari unit is defined as one with 20 or more workers, with no capacity limit.Also Read: Gujarat govt's 'revolutionary' decision to provide Rs 1,500 cr financial relief to sugar cooperativesSources said the proposed definition would have brought a large number of small-scale, labour-intensive units under the regulatory ambit, adversely affecting farmers who generally receive better prices from khandsari units than from sugar mills.BJP MP Sanjeev Balyan, who represents Muzaffarnagar in Uttar Pradesh, said on social media the government had decided to withdraw the order "in the interest of farmers"."This demonstrates that under the leadership of Prime Minister Narendra Modi, the government formulates every policy by placing the consent of the farmers and their welfare above all," he said.

Kerala government to implement film policy formulated by previous govt.

Governor’s policy address says the State’s film industry will be supported through the policy covering production incentives, co-production treaties with other countries, film-tourism development, and promotion of Kerala as a shooting destination

MVA finalises seat-sharing for Maharashtra council polls; Congress gets 8 of 17 seats

The ruling BJP-NCP-Shiv Sena alliance has yet to announce its seat-sharing formula

Karnataka CM news LIVE: Governor accepts Siddaramaiah's resignation; 4-deputy CM formula floated

Karnataka CM news LIVE: According to Congress leaders aware of developments, a proposal to create four deputy chief minister posts was floated during the party’s leadership negotiations with CM Siddaramaiah.

Karnataka 'nataka' not over yet? Siddaramaiah, Shivakumar head to Delhi as Congress weighs next moves

A day after annoucing that he would step down as chief miniter to pave way for Shivakumar in accordance with the rotational formula agreed upon after the 2023 win, Siddaramaiah expressed his desire to stay in Benglauru than move to Rajya Sabha which was part of an offer pitched by the party high command. Siddaramaiah's move to "partly agree" with the top brass, while holding his ground on not moving to the Rajdhaani for national politics largely suggest that the deveopment may mutate to become a complex quagmire.