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MCX Yet To Open Trading Amid Technical Glitch; Exchange Yet To Confirm New Time

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MCX Yet To Open Trading Amid Technical Glitch; Exchange Yet To Confirm New Time


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MCX delayed trading to 10:00 AM on Tuesday due to a technical glitch, as announced in an early morning notice by the Multi Commodity Exchange.

MCX trading glitch

MCX Glitch: The Multi-Commodity Exchange (MCX) faced a technical glitch on Tuesday, preventing the start of trading. Earlier, the exchange had announced that trading would begin at 10:00 AM following the issue, but it did not resume as planned.

MCX is yet to confirm a new time for the commencement of trading.

“Update as on 09:45 AM-Members are requested to note that the trading will start at 10 AM due to technical issue. Trading will start from DR. Inconvenience is regretted,” MCX informed in the update.

This is not the first time MCX has faced such an issue. Earlier this year, MCX faced a similar technical issue in July when the trading began at 10:15 AM, a delay of more than an hour.

The Multi Commodity Exchange of India (MCX) is the country’s largest commodity derivatives exchange, providing a platform for trading in commodities such as gold, silver, crude oil, natural gas, and various agricultural products. Established in 2003 and headquartered in Mumbai, MCX operates under the regulatory framework of the Securities and Exchange Board of India (SEBI). It plays a crucial role in India’s commodities market by enabling price discovery, risk management, and hedging for participants ranging from traders and investors to producers and exporters. MCX’s benchmark contracts—like gold and crude oil futures—are widely used to gauge market sentiment and global commodity trends.

On July 23, trading on MCX was initially expected to resume by 9:45 AM, but the exchange later revised the opening time to 10:10 AM, but trading did not resume as planned. It finally began trading from 10:15 AM after a delay caused by clearing technical processes and file sharing.

(This is a developing story. To be updated)

Varun Yadav

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

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Ads for British beef and milk banned following Chris Packham complaint

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Ads for British beef and milk banned following Chris Packham complaint



Two ads promoting British beef and milk have been banned after television presenter and environmental campaigner Chris Packham complained that they misled consumers about the products’ carbon footprints.

Both ads for the Agriculture and Horticulture Development Board’s (AHDB) Let’s Eat Balanced campaign used the carbon footprint of British beef and milk to promote the products, firstly stating: “British beef not only tastes great, but has a carbon footprint that’s half the global average*.”

The asterisk linked to text that stated: “Full lifecycle emissions of CO2 eq (carbon dioxide equivalent) per kg of beef.”

The ad for milk stated: “British milk not only tastes good, but is also produced to world-class standards, and has a carbon footprint a third lower than the global average.”

Packham complained to the Advertising Standards Authority (ASA) that the ads, and specifically the carbon footprint claims, were misleading as they did not reflect the full environmental impact of British meat and dairy.

The AHDB said the ads’ mention of carbon emissions would be understood in relation to the environmental impact of beef and milk that occurred between the “cradle-to-retail” stages.

But the ASA said the average consumer “being reasonably well-informed, observant and circumspect” would understand the claims to apply beyond the retail stage and include actions such as cooking and wastage.

The ASA said: “While we acknowledged the potential difficulties in producing post-retail emissions data, the claims in the ads suggested those emissions were included and we therefore expected the evidence provided to also include them.

“We therefore concluded that the evidence presented was insufficient to support the full life-cycle claims in the ads, which was how the average consumer was likely to interpret them.

“We reminded AHDB that environmental claims should be based on the full life cycle unless the ad stated otherwise.”

AHDB’s director of communications and market development, Will Jackson, said: “Let’s Eat Balanced is doing what it was designed to do, providing clear, factual, evidence-led information about British food, nutrition and farming standards.

“Since the investigation began, we have conducted independent consumer research which found that the majority of respondents interpreted these adverts as relating to the production phase only, from farm to retail.

“This research provides important insight into consumer understanding and supports our belief that consumers were not misled by the information we shared in these two specific adverts.”



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Gen Z pros embrace ‘portfolio careers’ as side hustles surge – The Times of India

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Gen Z pros embrace ‘portfolio careers’ as side hustles surge – The Times of India


BENGALURU: India’s Gen Z workforce is embracing what experts describe as “portfolio careers” – balancing multiple professional identities and income streams simultaneously. New research from LinkedIn shows that 75% of Gen Z entrepreneurs in India now manage multiple income streams, significantly higher than the 62% among Gen X entrepreneurs. The findings point to a growing preference among younger professionals for flexibility, autonomy and diversified sources of income. “We’re also seeing the rise of the ‘portfolio era’, with more professionals creating multiple income streams and redefining what a career can look like. This shift is making entrepreneurship more accessible than ever before,” said LinkedIn India country manager Kumaresh Pattabiraman.Rather than depending on a single full-time role, many professionals are simultaneously building businesses, freelancing, consulting, creating online content and monetising specialised skills through digital platforms. The trend comes amid a broader rise in entrepreneurial activity in India. LinkedIn recorded a 104% year-on-year increase in members adding “Founder” to their profiles – the highest growth among all global markets.AI is also emerging as a major enabler of this shift. The report found that 85% of Gen Z entrepreneurs consider AI and digital tools important to their business operations.



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Elon Musk said control of OpenAI should go to his children, Sam Altman tells jury

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Elon Musk said control of OpenAI should go to his children, Sam Altman tells jury



Sam Altman said Elon Musk tried many times for total control of OpenAI, which he’s now suing.



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