Chinese tech giant Huawei said on Monday it had developed a new way of making semiconductors that could get around its U.S.-enforced lack of access to the most advanced chipmaking equipment. Huawei has in recent years been at the centre of a geopolitical standoff after Washington warned its
World Tarot Day 2026: The most misunderstood tarot cards and what they actually meanPeople tarot as entertainment or fear it because of the dramatic social media readings. But tarot was never meant to work through fear; it is a symbolic tool. Updated on: May 25
From mirrors to mood lighting, these 5 budget-friendly decor tricks can make small homes look surprisingly luxuriousWant to upgrade your home into a luxurious space? Here are some budget-friendly decor ideas you can consider for a beautiful home. Published on: May 25
A Bahraini court sentenced nine defendants to life in prison and two others to three years in jail for collaborating with Iran’s Revolutionary Guard Corps (IRGC) to carry out what it described as “hostile and terrorist acts” against Bahrain
Tarot vs Astrology: Which one can predict your future better? An expert breaks it downAstrology explains cosmic timing and patterns. Tarot explains your emotional experience of those patterns. One gives you the map, the other acts like a mirror. Updated on: May 25
The Japanese fruit ‘sando’ is becoming India’s favourite summer dessert; take a look With fluffy milk bread, clouds of whipped cream, and jewel-like slices of fresh fruit tucked inside, the Japanese sando has become India’s go-to dessert Updated on: May 25
Madhuri Dixit serves ‘a little bit of drama’ as she gives classic white saree a modern twist with chic jacketMadhuri Dixit proves age is just a number as she stuns in ivory saree with floral prints, layered with a sleek jacket, blending elegance with modern drama. Published on: May 25
3 elephant calves die within 17 days in Chhattisgarh’s DharamjaigarhEight elephant calves have died in Dharamjaigarh forest division over the past five months due to drowning, getting trapped in marshland, etc Published on: May 25, 2026 1:27 PM IST By Ritesh Mishra Share via Copy link Three
SEBI mulls easing nomination norms for demat, mutual fund accounts
Sebi seeks public comments on changes to nomination norms for demat accounts, mutual fund folios
The regulator said the proposals aim to modify its January 10, 2025, circular on nomination facilities in the securities market to improve the ease of investor onboarding and align processes with banking norms.
New Delhi: India’s market watchdog, the Securities and Exchange Board of India, on Tuesday issued a consultation paper proposing changes to nomination norms for demat accounts and mutual fund folios, seeking public comments.
The regulator said the proposals aim to modify its January 10, 2025, circular on nomination facilities in the securities market to improve the ease of investor onboarding and align processes with banking norms.
Under the existing framework introduced last year, single-holding investors were allowed to authorise one nominee (excluding minors) to operate their accounts in case of physical incapacitation, provided they remain mentally capable of contracting.
However, nominees are not permitted to update key account details such as bank information or contact details.
The current rules also mandate investors to provide at least one personal identifier of the nominee, such as PAN, driving licence number or the last four digits of Aadhaar, along with full contact details, relationship status, and date of birth in case of minors.
Investors can nominate up to 10 persons in a mutual fund folio, while Power of Attorney (PoA) holders are not allowed to nominate.
Moreover, the market regulator has flagged implementation challenges and risks associated with allowing nominees to operate accounts. The SEBI noted that the industry has cited high compliance costs, difficulty in maintaining audit trails, and potential risks of fraud, misuse and legal disputes.
To address this, it has proposed allowing the existing Power of Attorney mechanism to be used in cases where an investor is incapacitated but still capable of entering into a contract.
The regulator has also proposed simplifying the nomination process by reducing mandatory details. It suggested that only the name of the nominee and the nature of the relationship with the investor should be compulsory, while other details can be provided optionally.
In addition, the SEBI has proposed making nomination the default option at the time of opening new accounts.
For existing accounts without a nomination or opt-out, intermediaries will be required to periodically nudge investors through email and SMS to complete the process.
Further, while the 2025 circular increased the maximum number of nominees from three to 10, the SEBI said this could create operational challenges.
It has now proposed capping the number of nominees at four for both demat accounts and mutual fund folios, while retaining the limit of three joint holders.
Source: ZeeNews
Related Posts: ISL Clubs Request AIFF To Modify Commercial Clauses At Dec 20 AGM 7 Flats, one tax claim — Dept said no, Tribunal said yes Electrician Uses Fan Regulator To Dim Tube Light UAE Regulator Bars HDFC Bank's Dubai Branch From Onboarding New Clients US regulator probes AI chatbots over child safety concerns Pak regulator issues notice to top TV channel for airing Asha Bhosle content Market regulator SEBI plans to extend equity derivatives’ tenure to curb losses Competition regulator orders probe into IndiGo’s mass flight cancellations in December Italy regulator fines Apple $115 million for alleged App Store privacy violations Irish media regulator opens investigation into Musk's X
The Canadian Grand Prix was the race in which the Formula 1 title battle finally came alive this year. It was also, however, the race in which it took a potentially decisive turn, putting a huge dent in George Russell's hopes of beating his 19-year-old Mercedes team-mate Kimi Antonelli to the
2 hours ago
CBSE Class 12 answer sheet scanned copies application window ends today, direct link hereCBSE Class 12 answer sheet scanned copies application window will close today, May 25, 2026. The direct link to apply is given here. Published on: May 25
2 hours ago
Microsoft techie couple in Noida breaks down ₹1.6 lakh monthly expenses, says city feels balanced despite rising costsA Microsoft couple in Noida revealed they spent around ₹1.6 lakh monthly while balancing work, lifestyle and family needs. Published on: May 25
2 hours ago
A CBSE Class 12 student has raised serious concerns over the board’s re-evaluation process after claiming the Physics answer sheet uploaded under his roll number does not belong to him. The student shared comparisons of multiple answer sheets and demanded an urgent investigation into the alleged
2 hours ago
Thyroid disorder cases have been gradually rising over the past few years, especially in younger adults and the younger working generations. Even though genes and autoimmune disorders play a role, the way we live our lives is becoming a reason for thyroid problems. We speak to Dr Aravind Badiger
2 hours ago
Sandhu finishes T-63, Sterne wins after gap of 13 yearsSandhu finishes T-63, Sterne wins after gap of 13 years Published on: May 25, 2026 1:47 PM IST PTI Share via Copy link Rinkven , Indian golfer Yuvraj Sandhu endured a difficult final day to finish T-63 at the Soudal Open here
2 hours ago
Mumbai's old building redevelopment market grows 16% in 2025; Momentum continues in 2026: DataMumbai real estate: A total of 1,094 development agreements (DAs) were signed between January 2020 and March 15, 2026, according to data from Knight Frank India Published on: May 25
5 hours ago
New Delhi: Uttar Pradesh Chief Minister Yogi Adityanath issued statewide directions on Bakrid across the state. In a meeting with officials, Adityanath reviewed the festival’s preparedness and also looked into Ganga Dussehra arrangements and actions against illegal activities
5 hours ago
Chinese artificial intelligence startup DeepSeek will make permanent a 75% price cut on its flagship V4-Pro artificial intelligence model, keeping prices at a quarter of their original level, the company said in a statement on Saturday. DeepSeek did not disclose whether the permanent
5 hours ago
For years, carbohydrates have been put on trial in the fitness world. Scroll through social media, and you will find countless posts blaming carbs for weight gain, sluggishness, and poor fitness results. Many athletes and fitness enthusiasts respond by cutting carbs drastically
5 hours ago
‘Work culture is not hell’: Man who worked in Europe, UK, Canada and US says Bengaluru’s real problem is commuteA man claimed Bengaluru’s commute, not work culture, is the real reason many professionals feel exhausted. Published on: May 25, 2026 10:56 AM IST By Mahipal Singh Chouhan Share
5 hours ago
Sunrisers Hyderabad’s victory over Royal Challengers Bengaluru in their last league outing has brought the curtain down on the top-two battle in IPL 2026, with both finalists now officially confirmed. Although RCB walked away on the losing side
5 hours ago
, which has a global market capitalisation of $343 billion, has advocated modernising India’s power grid to help drive the country’s AI dream, underscoring the intricate linkages and dependencies across multiple domains and utilities crucial to acing the technology that's now grabbing 80% of
5 hours ago
Aishwarya Rai's stylist gets emotional about dressing 'icon' for her high-stakes Cannes return: 'What a week it’s been'Stylist Mohit Rai hails Aishwarya Rai as Cannes ‘legend’, silencing critics with a masterclass in avant-garde couture: ‘Showing the children how it’s done’
5 hours ago
Uttar Pradesh groom murder main accused killed in police ‘encounter’Police said Ravi Yadav, the accused, who carried a reward of ₹1 lakh on his head, was on a motorcycle when he was asked to stop during vehicle checking Published on: May 25, 2026 10:54 AM IST By HT Correspondent Share via
5 hours ago
Girls Aloud star Nicola Roberts has announced the birth of her first child. In a social media post, the singer, 40, said her daughter had "arrived healthy and content a couple of weeks ago at 38 weeks" and was "thriving". Photos from her Instagram account show the star holding her baby
5 hours ago
Uber's board met on Saturday to discuss raising its offer for after a major shareholder rebuffed Uber's bid that would value the German food delivery group at over 11.5 billion euros ($13.39 billion), the Financial Times reported on Sunday
5 hours ago
Editorial independence is core to our work. Some links may earn us a commission, without influencing our opinions.Looking for a compact bedroom air purifier? Here's why Qubo R250 is a solid choiceThe compact Qubo R250 punches above its weight with rapid HEPA filtration and smooth smart controls
5 hours ago
May 25 Birthday Horoscope: Here's what the tarot cards have in store for you this yearIf your birthday falls on May 25, here’s what your year ahead looks like, as per Tarot. Published on: May 25, 2026 11:00 AM IST By Kishori Sud Share via Copy link If you were born on May 25
5 hours ago
Opposition parties in Kerala accused the Congress of double standards after Kerala’s former chief electoral officer assumed charge as the secretary to Chief Minister VD Satheesan on Sunday, PTI reported. Rathan U Kelkar, a 2003-batch Kerala cadre Indian Administrative Services officer
5 hours ago
In late April, India's Sun Pharmaceuticals agreed to pay $11.75bn (£8.59bn) to acquire New York-listed women's health and biosimilars firm Organon & Co. It marked the biggest overseas acquisition by an Indian company in nearly two decades and followed a string of high-profile international deals
5 hours ago
‘Laughed at me, called me stupid’: Founder of AI data collection firm on Pronto CEO Anjali SardanaHuman Archive founder Rushil Agarwal has taken a swipe at Pronto's Anjali Sardana amid the row around the Bengaluru startup recording inside customers’ homes Updated on: May 25
5 hours ago
In the English translation of Franz Kafka’s short story, Metamorphosis, published in 2007, Michel Hofmann translated the famous opening line (which included the German word “Ungeziefer”, generically meaning insect) in this manner: “When Gregor Samsa awoke one morning from troubled dreams
5 hours ago
Marco Rubio visits Taj Mahal in Agra with wife Jeanette | VideoAfter the Agra visit, he is scheduled to continue his trip to Jaipur later in the day. Updated on: May 25, 2026 10:46 AM IST By HT News Desk Share via Copy link US secretary of state Marco Rubio visited the Taj Mahal in Agra on Monday
5 hours ago
Full Moon May 2026: Astrologer shares how this intense Blue Moon might impact your zodiac signAccording to astrologer Sidhharrth S Kumaar, every zodiac sign could experience this lunar energy differently. Here's what this Blue Moon may mean for you. Updated on: May 25
5 hours ago
Cardiologist reveals the real cause of heart attacks that most people overlook and it’s not just ‘bad cholesterol’Could your gut health be affecting your heart? A cardiologist explains how inflammation, poor sleep, stress, and unhealthy habits may raise heart attack risk. Published on: May 25
5 hours ago
Turkish riot police fired tear gas and forced their way into the main opposition party’s headquarters to evict its ousted leadership on Sunday (May 24, 2026), deepening a crisis at the heart of Turkiye’s democracy. Clouds of tear gas billowed within the Republican People’s Party
5 hours ago
