Castor seed prices extended losses by Rs 13 to Rs 4,079 per quintal in futures trade today on cutting down of bets constantly by the operators depressed by subdued physical trend.
Market players said ample stocks along with weak demand  for paint, soap and lubricant industries in spot markets continually let down traders, which resulted in declining trend in castor seed futures prices.
At the National Commodity and Derivative Exchange  platform, castor seed delivery for the first contract April moved down by Rs 13 or 0.32 per cent to Rs 4,079 per quintal, depicting an open interest of 33,140 lots.
Likewise, the delivery of the most traded May slipped by Rs 13 or 0.31 per cent to Rs 4,125 per quintal, persisting an open interest of 54,900 lots.

<p>Castor seed prices extended losses by Rs 13 to Rs 4,079 per quintal in futures trade today on cutting down of bets constantly by the operators depressed by subdued physical trend.</p><p>Market players said ample stocks along with weak demand  for paint, soap and lubricant industries in spot markets continually let down traders, which resulted in declining trend in castor seed futures prices.</p><p>At the National Commodity and Derivative Exchange  platform, castor seed delivery for the first contract April moved down by Rs 13 or 0.32 per cent to Rs 4,079 per quintal, depicting an open interest of 33,140 lots.</p><p>Likewise, the delivery of the most traded May slipped by Rs 13 or 0.31 per cent to Rs 4,125 per quintal, persisting an open interest of 54,900 lots.</p>

Castor seed futures remain weak on physical sentiments

PTI Automatic

March collection is the second highest ever

GST, IGST, CGST, GSTN

Business Standard

Sebi has barred three individuals from the securities market for two years and imposed penalty totalling Rs 90 lakh on them in a case pertaining to insider trading activities in the scrip of Zee Entertainment Enterprises Ltd (ZEEL).
The three individuals banned by the regulator -- Bijal Shah, Gopal Ritolia and Jatin Chawla -- have also been directed to pay the fine within 45 days.
In addition, Ritolia and Chawla have been directed to disgorge illegal gains to the tune of Rs 7.52 crore and Rs 2.09 crore respectively along with interest, the regulator said in its 152-page final order on Friday.
The case relates to insider trading activities by certain entities in the scrip of ZEEL, while in possession of unpublished price sensitive information (UPSI) pertaining to audited financial results of the media company for the quarter ended June 30, 2020 as well as launch of ZEEPLEX by the company on September 1, 2020.
Bijal Shah, who was head of the financial planning and analysis, strategy 

Sebi

Press Trust of India

UPI transactions in March 2023 were over 60 per cent and 46 per cent higher in volume and value terms from the year-ago period, according to NPCI

photo

The National Company Law Tribunal approved the plan for the Adani Group subsidiary to pay 14.85 billion rupees ($181 million) to financial creditors, the company said in a statement Saturday

Adani

Bloomberg

Twitter says it has removed thousands of tweets showing a poster promoting a "trans day of vengeance" protest in support of transgender rights in Washington, D.C., on Saturday.
Ella Irwin, Twitter's head of Trust and Safety, said in a tweet Wednesday that the company automatically removed more than 5,000 tweets and retweets of a poster promoting the event.
"We do not support tweets that incite violence irrespective of who posts them. 'Vengeance' does not imply peaceful protest. Organizing or support for peaceful protests is ok," Irwin wrote in the tweet.
In removing the tweets, Twitter said it used automated processes to do it quickly at a large scale, without considering what context the tweets were shard in. Because of this, both tweets that were critical of and those that supported the protests were removed.
This appeared to anger many conservative Twitter users who said the rules were unfairly applied to them because they were posting the image of the protest flyer to speak out

Trans community, Transgender

Why did RBI fail to convince SC on bank frauds? What should borrowers do amid rising interest rates? Which sectors should you bet on in FY24? What are municipal bonds? All answers here

TMS Ep400: SC on bank frauds, rising interest rate, markets, municipal bond

The Pakistan government's official Twitter account has been withheld in India.When anyone tries to access the Twitter account of the Pakistan government, it says, "Account Withheld @GovtofPakistan's account has been withheld in India in response to a legal demand."This is reportedly the third time when Pakistan's Twitter account has been restricted to be viewed in India.Earlier in October 2022, the Twitter account of the Pakistan government was withheld in India.It was reportedly the second such incident in recent months. This account was withheld earlier in July as well but had been reactivated and was visible.According to Twitter guidelines, the microblogging site takes such action in response to a valid legal demand, such as a court order. Currently, the Twitter feed of the Pakistan government "@GovtofPakistan" is not visible to Indian users.In June last year, Twitter in India banned official accounts of Pakistan Embassies in the United Nations, Turkey, Iran and Egypt. In August, ..

Pakistan government's Twitter account

The Biden administration is offering support for the creation of an international court to prosecute alleged crimes of aggression by Russia against Ukraine.
In comments this week, senior U.S. officials said the administration believes that would be the best way to hold Russia accountable for its year-old invasion. However, they also acknowledge that the prospects for a court to actually take custody of any Russian official for trial are slim.
The United States supports the development of a special tribunal on the crime of aggression against Ukraine in the form of an internationalized court that is rooted in Ukraine's judicial system, with international elements, the State Department said in comments emailed to reporters.
The officials said they envision a hybrid tribunal based on the Ukrainian justice system but with international components  similar to previous ad hoc war crimes courts set up for Cambodia, Chad, the Central African Republic and Bosnia  and likely based in The Hague

US flag, US, united states

Part of his reasoning was that consumers could not fully benefit from input price declines as Big 5 companies control manufacturing of all major sectors as well as retail trade and telecommunications

Viral Acharya

"It is hard therefore to find many products outside India that are manufactured by Indian firms," he said

AstraZeneca's Covid vaccine (manufactured and administered in India as Covishield) raised the risk of heart problem, and death by 3.5 times in young women in the first three months following

Covid vaccines

IANS

Convergence of external and internal elements affords country a lifetime opportunity, writes Mayank Dhaundiyal

Mayank Dhaundiyal

The Federal Reserve's bank supervisors informed Silicon Valley Bank's management as early as the fall of 2021 of risks stemming from its unusual business model, a top Fed official said on Tuesday, but the bank's managers failed to take the steps necessary to fix its problems.
The Fed official, Michael Barr, the nation's top banking regulator, said during a Senate Banking Committee hearing that the Fed is considering whether stronger bank rules are needed to prevent a similar bank failure in the future.
Supervisors had rated the bank at a very low rating," Barr said. At the holding company level it was rated deficient, which is also clearly not well-managed.
The timeline that Barr laid out for when the Fed had alerted Silicon Valley Bank's management to the risks it faced is earlier than the central bank has previously said the bank was on its radar screen.
Silicon Valley's deposits grew rapidly and were heavily concentrated in the high-tech sector, which made it particularly ...

SVB, Silicon valley bank

Israeli Prime Minister Benjamin Netanyahu on Wednesday rebuffed President Joe Biden's suggestion that the premier walks away from a contentious plan to overhaul the legal system, saying the country makes its own decisions.
The exchange was a rare bout of public disagreement between the two close allies and signals building friction between Israel and the U.S. over Netanyahu's judicial changes, which he postponed after massive protests.
Asked by reporters late Tuesday what he hopes the premier does with the legislation, Biden replied, I hope he walks away from it.
The president added that Netanyahu's government cannot continue down this road" and urged compromise on the plan roiling Israel.
The president also stepped around U.S. Ambassador Thomas Nides' suggestion that Netanyahu would soon be invited to the White House, saying, No, not in the near term.
Netanyahu replied that Israel is sovereign and makes its decisions by the will of its people and not based on pressures from abroa

Benjamin Netanyahu

Cricket legend Sachin Tendulkar on Saturday said that iconic warrior king Chhatrapati Shivaji Maharaj has had immense significance in his life right from the school days.  Tendulkar was speaking before the performance of  "Jaanta Raja", a play on Shivaji Maharaj's life, at the Shivaji Park ground here.
"Chhatrapati Shivaji Maharaj has immense significance in my life. The first chapter I studied in school in history was about Chhatrapati Shivaji Maharaj and the first time I held my bat was at this Chhatrapati Shivaji Maharaj ground," Tendulkar said.  Mumbai BJP chief and MLA  Ashish Shelar had organized the performance of the play.

sachin tendulkar

Crews rushed to repair a levee break on a storm-swollen river in California's central coast before yet another atmospheric river arrives Monday night, further walloping the state's swamped farmland and agricultural communities.
The Pajaro River's first levee rupture grew to at least 400 feet (120 meters) since it failed late Friday, officials said. More than 8,500 people were forced to evacuate, and around 50 people had to be rescued as the water rose that night.
A second breach opened up another 100 feet (30.48 meters) of the levee closer to the Pacific coast, providing a relief valve for the floodwaters to recede near the mouth of the river, officials said Monday during a news conference.
Built in the late 1940s to provide flood protection, the levee has been a known risk for decades and had several breaches in the 1990s. Emergency repairs to a section of the berm were undertaken in January. A USD 400 million rebuild is set to begin in the next few years.
Forecasters warned of mo

Storm

Tens of thousands of Israelis protested on Saturday against a controversial plan to revamp the country's legal system, despite Prime Minister Benjamin Netanyahu's suspension of the changes earlier in the week.
The protesters gathered in Tel Aviv, Israel's commercial hub on the Mediterranean, for the 13th weekly demonstration, raising Israeli flags and banners against what they said were plans to weaken the Supreme Court. Several smaller rallies took place in other towns and cities.
The protests have been going on since Netanyahu's government, the most right-wing in the country's history, introduced the changes.
But on Monday, Netanyahu delayed the overhaul plan that deeply divided the Israelis, saying he wanted to avoid civil war by making time to seek a compromise with political opponents. Protest organizers, however, vowed to keep up the pressure, calling for the plans to be scrapped.
The proposal has plunged Israel into its worst domestic crisis in decades. Business leaders, top

Ukraine's Foreign Minister Dmytro Kuleba said Russia's tenure of the body's rotating presidency was a slap in the face to the international community, reported Kyiv Independent.

Russia flag

Online registrations for the second phase of Yuva Sangam started on Saturday through an online portal for the participation of 1,000 youth from 23 states and UTs, the Ministry of Education said.

Yuva Sangam

Amid plans by BJP and Shiv Sena led by Maharashtra Chief Minister Eknath Shinde to carry out  Savarkar Gaurav Yatra, NCP chief Sharad Pawar on Saturday said that Savarkar is not a national issue

NCP chief Sharad Pawar

Castor seed futures remain weak on physical sentiments

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Pajaro river's levee ruptures, flood problems grow in California

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