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Sebi chief Tuhin Kanta Pandey dismissed reports of curbs on weekly options expiry as speculative, emphasizing the need for structural reforms in equity derivatives. He clarified no communication occurred with the finance ministry regarding this matter. Pandey also urged portfolio managers to curb misleading performance claims to maintain industry trust and ensure clear client communication.
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The EU is aiming to increase its own production of rare earth metals, led by a facility in France.
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Borrowing costs are forecast to fall to 4%, the lowest since early 2023, despite higher inflation.
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