MCX has received Sebi approval to launch electricity derivatives, marking a historic first for India. The move is expected to deepen energy markets, help manage power price volatility, and support the country’s transition to a sustainable energy future. Backed by SEBI and CERC, the launch positions MCX as a pioneer in India’s evolving commodity and energy trading landscape.
RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upside
The RBI has cancelled Paytm Payments Bank’s license due to regulatory non-compliance, citing detrimental operations and prejudiced management. While Bernstein views this as incrementally negative
April 25, 2026