Mumbai, Aug 13 (IANS) The Securities and Exchange Board of India (SEBI) on Wednesday proposed several changes to update stock broker regulations, including a clear definition for “algorithmic trading.”The market regulator said that although it has issued guidelines on algorithmic trading through circulars in the past, the term has never been formally defined in the regulations.SEBI has now suggested defining algorithmic trading as any order generated or placed using automated execution logic…

Mumbai, Aug 13 (IANS) The Indian stock market settled in green on Wednesday after the consumer price index (CPI) decreased to an eight-year low, amid strong buying in midcap stocks.India’s inflation rate based on CPI eased further to 1.55 per cent in July this year amid a decline in food prices. This is the lowest level of year-on-year retail inflation since June 2017.Sensex settled at 80,539.91, up 304 points or 0.38 per cent. The 30-share index opened with a decent gap-up at 80,492.17 agains…

New Delhi, Aug 13 (IANS) India has surpassed China to emerge as the leading supplier of smartphones to the United States, driven by the government’s ‘Make in India’ initiative, Apple’s relocation of its operations to India, and US importers frontloading their inventory amid tariff uncertainties.Analysts say that the US hiking tariffs on India has led vendors to front-load inventory, which means buying far more inventory than usual and changing their sourcing plans. Further, government support si…

New Delhi, Aug 13 (IANS) realme, the most popular smartphone brand among Indian youth, has started making and shipping the realme Buds T200 Lite in India through its partnership with Optiemus Electronics Limited (OEL).realme, in partnership with OEL, has scaled up production to 2,500 units per day at OEL’s Noida facility, with plans to ramp up to 10,000 units daily in the coming months.The realme Buds T200 Lite is the first product being locally produced under this collaboration. Production of…

Mumbai, Aug 13 (IANS) Bharat Petroleum Corporation Limited (BPCL) on Wednesday reported a consolidated net profit of Rs 6,839.02 crore for the April–June 2025 quarter (Q1 FY26), a jump of 140.67 per cent compared to Rs 2,841.55 crore in the same period previous fiscal (Q1 FY25).The state-owned Maharatna company’s consolidated revenue from operations stood at Rs 1,29,614.69 crore in Q1 FY26, slightly higher than Rs 1,28,106.39 crore recorded in the year-ago period — reflecting a growth of ab…

London, Aug 13 (IANS) The western media’s reluctance to clearly report India’s superior performance during Operation Sindoor showcases a broader tendency in its journalism to avoid acknowledging India’s increasing military sophistication, a leading British publication cited on Wednesday. In response to the heinous April 22 Pahalgam terrorist attack, India had launched its decisive Operation Sindoor on May 7, targetting terror bases in Pakistan in one of the most comprehensive military actions si…

New Delhi, Aug 13 (IANS) India and Singapore on Wednesday held the third Ministerial Roundtable in New Delhi, discussing bilateral cooperation between two nations under the six pillars of digitalisation, skill development, sustainability, healthcare, connectivity and advanced manufacturing. For the third India-Singapore Ministerial Roundtable (ISMR), the Indian side was represented by the External Affairs Minister (EAM) S Jaishankar, Union Finance Minister Nirmala Sitharaman, Union Commerce and …

Seoul, Aug 13 (IANS) South Korean President Lee Jae Myung will visit Japan from August 23-24 for summit talks with Japanese Prime Minister Shigeru Ishiba to discuss ways to advance bilateral relations and trilateral partnership with the United States, the presidential office said on Wednesday.Lee will make a two-day visit to Japan before travelling to Washington for his first summit with US President Donald Trump on August 25.The visit will be Lee’s first trip to Japan since taking office in ear…

Srinagar, Aug 13 (IANS) Full dress rehearsals for the Independence Day parade were held across the Kashmir and Jammu divisions on Wednesday as a multi-tier security network is in place to secure the parades and celebrations on August 15.V.K.Birdi, IGP (Kashmir Zone), told reporters in Srinagar on Wednesday that full dress rehearsals for the Independence Day parades were successfully held across the Valley.“In addition to this, a security drill was also successfully concluded at different distr…

Mumbai, Aug 13 (IANS) The overall momentum of the Indian economy has not slowed, as is evident from high-frequency indicators and although trade-related issues are important, they should not overshadow other critical challenges, the government’s Chief Economic Advisor (CEA) V. Anantha Nageswaran said on Wednesday.In his address at an event here, Nageswaran said the consumption slowdown last year was largely due to tight credit and liquidity conditions, prompting the government to announce substa…