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CFTC chair Selig defends decision to approve ‘perps’ in U.S.

Commodity Futures Trading Commission chair Michael Selig weighed into the perpetual futures debate in a Monday appearance on CNBC’s “Fast Money,” defending his agency’s decision to approve the asset domestically. Selig said that incumbents will always fear the future, but that the commission is looking to onshore products that are being developed internationally to ensure...
kudankulam nuclear power plant unit 3 begins 39spillage to open reactor39 moves closer to commissioning

Fifth unit of Kudankulam nuclear power project likely to be operational by year-end | India News

Kudankulam Nuclear Power Plant Unit-3 (ANI photo) MUMBAI: The fifth unit of the 1,000-MW Kudankulam Nuclear Power Project in Tamil Nadu—a joint Indo-Russian project—crossed a significant milestone on Monday with the erection of reactor pressure vessel inside the reactor building for its fifth unit, according to Nuclear Power Corporation of India Limited (NPCIL). Current indications...
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Centene to offer buyouts to some employees

Sheldon Cooper | Lightrocket | Getty Images Centene said it offered buyouts to some employees on Monday, as the health insurer grapples with higher medical costs, funding cuts and membership declines. “Centene is positioning the company to lead the future of healthcare – working to deliver a simpler and better experience for our members and...
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RBI tightens mis-selling rules; banks barred from incentive structures that encourage aggressive sales

In order to curb mis-selling and hold regulated entities accountable across all distribution channels, including social media influencers and digital marketing intermediaries, the Reserve Bank of India (RBI) on Monday tightened norms governing the advertising, marketing and sale of financial products and services. The revised directions, which will come into force from January 1, 2027,...
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Digital platform for managing wind energy supply chain launched

New Delhi: Minister for new and renewable energy Pralhad Joshi on Monday launched WT-MARUT, the country’s first dedicated digital platform for managing the wind energy supply chain. The portal is expected to strengthen India’s domestic wind manufacturing ecosystem and support the country’s clean energy expansion.The platform will facilitate end-to-end tracking of wind energy components, from...
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