Securities and Exchange Board of India (SEBI) chairman Tuhin Kanta Pandey announced that the regulator will **not** ban weekly futures and options (F&O) contracts in the near term, though it will introduce gradual structural adjustments. This announcement follows speculation about curbs in the Indian derivatives market amid volatility concerns. Pandey clarified that shutting down weekly expiries wouldn’t be practical and any policy changes will be carefully evaluated. Market participants now await details on how SEBI plans to address risks associated with F&O volumes and margin practices.