Delhi Weather: IMD issues ‘red’ nowcast warning; heavy rain over 15mm/hr forecast

The India Meteorological Department (IMD) has issued a ‘red’ nowcast warning for parts of Delhi, anticipating heavy rainfall exceeding 15 mm per hour. Thunderstorms and lightning are expected in South, New, Southwest, West, and Northwest Delhi, while moderate to light rain is likely in other areas. The city experienced light showers the previous day, leading…

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‘Gambling runs deep in American culture’: Nithin Kamath slams misleading India–US trading comparisons

Zerodha’s Nithin Kamath challenges comparisons between Indian and US options trading, citing lower leverage and market maturity in India. He argues that focusing solely on trading volumes is misleading, as US markets involve significantly higher capital per trade and a greater prevalence of institutional investors. Kamath also criticizes the speculative culture in the US, emphasizing…

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