Zerodha faces outage, company ‘acknowledges glitch’

Zerodha, an Indian online brokerage platform, faced a temporary disruption. This happened on Wednesday morning. The glitch impacted price updates on the Kite trading app. Users reported issues with order placement. Downdetector showed many users faced trading problems. Zerodha acknowledged the issue and later confirmed resolution. Users expressed frustration on X, demanding accountability for such…

Read More

As enrollment drops, US districts weigh school closures, and children bear the consequences

In St. Louis’ Ville neighborhood, declining populations, storm damage, and school closures have left communities fractured and classrooms empty. Urban districts nationwide face similar struggles as declining enrollment and budget pressures collide with neighborhood identity. Schools, once cultural and social anchors, are now lifelines for resilience, creativity, and hope, highlighting the human cost behind economic…

Read More

RBI reform plan for derivatives: Central bank proposes new norms for novation of OTC derivative contracts, draft guidelines seek to streamline market operations

Reserve Bank of India plans to regulate over-the-counter derivative contracts. Draft directions are released for novation. Novation involves replacing a market maker with a third party. This requires consent from the remaining counterparty. Standard agreements will be developed by FIMMDA and FEDAI. The goal is to streamline regulatory requirements. The current framework is from a…

Read More

‘Read past the headline’: Nikki Haley’s son Nalin hits back at ‘lazy’ jibe online; defends views on Gen Z

Nalin Haley defended his remarks on Gen Z’s struggles after criticism from activist Chris Elston. Haley clarified his comments weren’t personal but highlighted friends’ joblessness despite degrees, attributing it to competition from foreign workers and AI. He also asserted Elston’s opinion was invalid as he’s not American, emphasizing the GOP’s need to address youth concerns.

Read More