Commodity exchanges are all restructuring their boards of directors, after the recently issued guidelines of the Forward Markets Commission.
In January 2008, the Sensex hit then all-time high of 21,207 (closing high of 21,004 was achieved in November 2010).
The board will have to take a decision that he cannot remain a permanent director and also have to decide to whether to amend the article of association of the exchange in this regard.
Department seeks investor database on the suspicion of fictitious investors.
At 12-15 tonnes, the imports in September are estimated to be much lower than in the same month last year.
The Sebi Act deals with securities and the definition of securities, according to the Securities Contracts Act, doesn't include commodities.
Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind
After defaulting for a consecutive time in paying its investors, National Spot Exchange Ltd (NSEL) got a Rs 177-crore (Rs 1.77 billion) lifeline from its main promoter, Jignesh Shah-run Financial Technologies.
Slew of resignations at NSEL over past month in the wake of scrutiny; MCX gaps caused by new-age norms for commexes.
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As returns decline, with extent and time horizon uncertain, some of these investors look to shift to safer zones
Exchange to reply to FMC's letter soon, CEO says buyers can't be declared defaulters where there is 'market disruption'.
Brokers have only kept guarantees for which they have open positions.
Imports in July 2012 were 65 tonnes, said a bullion analyst.
Govt restrictions on import biting deep; trade petitions for relief with units, workers idling.
Ratio trading in gold and silver prices is a trading tool.
The onus is on you to reject financial products that don't suit your needs.
They can wait, as RBI has indicated the bonds could be linked to CPI in future.
However, other commodities yet to see meaningful recovery in global markets
Gems & jewellery exports seen rising, too, as demand remains strong in all markets except Europe.
These companies may recall loans in extreme cases; loan-to-value ratio stands at 60% but scrap value at 75%.
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