‘CAS here to stay’: Sebi chief Pandey says auction system won’t be rolled back, regulator open to feedbacks

Sebi chairman Tuhin Kanta Pandey Sebi chairman Tuhin Kanta Pandey on Monday said the regulator has no plans to roll back the recently introduced Closing Auction Session (CAS). However, the authority is reviewing concerns raised by market participants and considering whether the framework needs any improvements.Introduced on August 3 this year, CAS has drawn attention…

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Wary of risks, Asian refiners want Saudi Aramco’s shipments to be picked outside Red Sea

Yanbu has become increasingly important to Saudi Arabia as it seeks to maintain crude shipments. (Reuters photo) With ships facing risks, some Asian refiners are unwilling to pick crude oil shipments from Yanbu on the Red Sea. Refiners are reportedly seeking an alternative to Saudi Aramco’s request that they collect crude from Yanbu on the…

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Will gold prices continue to rally? Check outlook for August 17, 2026 week

The weekly bias remains bullish as long as gold holds above Rs 152,000, with Rs 157,600–158,000 as the immediate hurdle. Gold price prediction today: Gold prices are likely to continue their upside, though there may be some short-term consolidation, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold has turned decisively…

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Amber to make smartphones for Oppo

The electronics manufacturer will start producing devices for Oppo, OnePlus and Realme next year. NEW DELHI: Amber Enterprises is making a big push into smartphone manufacturing. The electronics manufacturer will start producing devices for Oppo, OnePlus and Realme next year, targeting around 8 million units in its first year of operations.Trial production is expected to…

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