If things go according to the plans of the Indian government, Belgium's Antwerp, the diamond destination of the world, may be robbed of its priced position by Mumbai soon.
In a landmark judgment, a federal jury in the US has indicted three Indians - two from Chennai and one settled in Malaysia - for hacking online accounts of brokerage firms and siphoning off millions of dollars.
In a landmark move, India may allow its expatriates to trade in commodities. The decision is aimed at expanding the country's $750-billion futures market.
Who will benefit from India's decision to impose a tax of Rs 300 a tonne on iron ore exports? If indications from markets in China are any hint, Australia is likely to cash in on India's decision to impose the fresh tax.
The visit to Pakistan will be mainly to position the India brand in that country.
The demand for ban on futures trading in more commodities is increasing day by day.
India and China are developing some thaw in coffee sector.
The government's hasty steps in what is described as measures to curb inflation have further fueled the traders' concern.
Meet Poonam Gupta, vice president, business development, the National Multi Commodity Exchange of India (NMCE), India's leading multi-commodity exchange.
In an effort to boost commodity trading in the country, the much-awaited amendments to the Forward Contract and Regulations Act of 1952 will happen during the Budget session of the Parliament.
The company is already planning a second centre in India, most probably on the outskirts of Maharashtra, which would supplement the Vadodara centre.
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