TITBITS:
1. Retirement
fund body employees' provident fund organisation (epfo) is working towards
rolling out a facility that will allow members to withdraw funds from their
corpus through an atm card.
2. German
naval shipbuilder thyssenkrupp marine systems (tkms) sees significant potential
for india to emerge as a naval vessel manufacturing hub due to its substantial
cost advantage vis-à- vis europe and a resurgence in demand for naval defence
equipment in the wake of the russia-ukraine war and other re- cent geopolitical
conflicts.
3. The
securities and exchange board of india (sebi) on friday proposed to review the
existing regulatory framework on algorithmic trading (algo trading) to
facilitate participation of retail investors. Algo trading refers to orders
generated using automated execution logic.
4. There
is a chance, albeit small at the moment, that the arctic ocean may see its
first ice-free day-when its waters have less than one million square km of sea
ice - before 2030, a new study estimated.