Type of the article: Research ArticleAbstractThis paper examines the impact of colocation (permitting traders to place their servers in close proximity to exchange servers) on the price volatility at India’s fastest exchange, which operates at 6 microseconds. The study employs the event study method to examine the relationship between colocation and price volatility. The study analyzed daily trading data from the Bombay Stock Exchange (BSE) Sensex-30 index from January 1, 2000 to December 31, 2023. The findings of the study suggest a remarkable level of stability at BSE following the implementation of colocation in November 2010. Furthermore, there is substantial evidence of improved price volatility following the reduction in latency at BSE. The colocation has positively supported high-frequency trading, leading to improved price volatility in the Indian securities market. The study conducted additional analyses to assess its robustness and found qualitatively similar results. The study has implications for regulatory bodies, retail investors, market participants, and other interested stakeholders, providing valuable insights into the efficiency of colocation implementation at BSE.AcknowledgmentsThe authors would like to acknowledge that this research work is fully funded by Kingdom University, Bahrain, through the research grant number KU-2025-26-02.
This study examines the status of financial inclusion among households in selected districts of Telangana and identifies its key determinants using a multidimensional Financial Inclusion Index (FII). Employing a multi-dimensional approach, the index was developed for 33 districts by incorporating indicators such as access and usage of financial services. Based on the computed index values, the districts were systematically categorised into three groups representing low, medium, and high levels of FI. To understand the district specific realities, one district from each category was selected through random sampling, thereby ensuring representativeness in the analysis. The results reveal significant inter-district disparities: Siddipet demonstrates high financial inclusion due to effective usage of financial services, whereas Warangal records a low index despite similar levels of access. At the sectoral level, rural households exhibit greater access to financial services than urban households, largely owing to the presence of self-help groups (SHGs) and microfinance institutions (MFIs), while urban households display greater dependence on informal credit sources, compounded by migrant-related documentation barriers. Social group analysis further highlights that individuals from General and OBC categories achieve higher inclusion compared to SC and ST households. The regression analysis identifies education, income stability (land ownership and regular salary), SHG membership, and age as significant determinants of FI, with SHG membership emerging as a consistent factor across both rural and urban sectors. These findings are consistent with the existing literature, highlighting the importance of socio-economic stability, education, and SHG participation in promoting financial inclusion.
In response to increasing environmental challenges, organisations are quickly integrating stability into internal systems. The study examines Green Human Resource Management (GHRM)'s strategic role in increasing staff commitment and promoting organisational stability. Based on social exchange theory and ecological behavioural models, it evaluates the effect of green HR practices, such as environmentally focused training, green evaluation and participation initiatives, on the initiative approach and behaviour. By using a semi-practical design in two Indian IT companies, findings suggest that GHRM promotes an opinion of environmental awareness, commitment and environmental responsibility. This research advocates establishing HR as a catalyst for sustainable culture and ecological changes.
Integrating the Sustainable Development Goals (SDGs) into higher education curricula presents significant challenges. Various barriers hinder effective implementation, despite the widespread recognition of the importance of SDG integration. These barriers include a rigid curriculum structure, inadequate teacher awareness, and limited resources in India. The higher education system has struggled to achieve meaningful transformation from traditional curricula due to inappropriate approaches to integrating SDGs and resistance to change. Incorporating SDGs into the curriculum can enhance skills such as critical thinking and problem-solving. This integration will also allow students to engage with real-world processes, enrich their educational experiences, and foster a holistic approach to learning, preparing them to become sustainable professionals and citizens for the future. By understanding global challenges, this review aims to provide sustainable solutions and strategies to overcome barriers to SDG integration and ensure its effective implementation in India.
