Search results for 'trading+commodities+news'

President Kovind gives assent to 3 contentious farm bills

President Kovind gives assent to 3 contentious farm bills

Rediff.com27 Sep 2020

The President's assent to these bills comes amid the Opposition criticising the manner in which they were passed in Parliament.

Equity markets lost sheen in Q3

Equity markets lost sheen in Q3

Rediff.com7 Mar 2019

A combination of fewer listings and falling 'average daily traded value' contributed to the drag in Q3.

Modi to address farmers' conferences in MP today

Modi to address farmers' conferences in MP today

Rediff.com18 Dec 2020

On Thursday, the prime minister appreciated Tomar for 'attempting to have a polite dialogue' with the farmers through an open letter, requesting them to read it.

Confusion In The Crypto Universe

Confusion In The Crypto Universe

Rediff.com23 Feb 2022

While the tax treatment does legitimise past crypto transactions, there is a possibility that any, or all, private cryptocurrencies will be banned in future.

Sensex pares gains; ends down 237 points

Sensex pares gains; ends down 237 points

Rediff.com13 Apr 2022

Equity indices gave up early gains to close in the red for the third session on the trot on Wednesday, weighed by selling in banking and finance counters amid inflationary pressures and persistent foreign fund outflows. A weak rupee and lacklustre global cues also kept buying sentiment in check, traders said. The 30-share BSE Sensex opened on a firm footing but failed to hold on the momentum, finishing 237.44 points or 0.41 per cent lower at 58,338.93. On similar lines, the broader NSE Nifty dipped 54.65 points or 0.31 per cent to close at 17,475.65.

Are the forces of globalisation losing steam?

Are the forces of globalisation losing steam?

Rediff.com17 Mar 2016

If prices remain low the next decade might well see global trade stagnate.

Centre's agri market reform ordinance comes under fire

Centre's agri market reform ordinance comes under fire

Rediff.com7 Jun 2020

Kiran Vissa, co-convenor of National Alliance for Sustainable Agriculture, said that amendments to the EC Act have nothing to do with farmers' welfare but instead meant to please big players and agriculture companies. This is because small and marginal farmers don't have the storage capacity to attract provisions of the EC Act.

Iran gears up for trade and investment boom that could reshape region

Iran gears up for trade and investment boom that could reshape region

Rediff.com15 Jul 2015

Iran is preparing for a trade and investment boom that could reshape the region after agreeing with world powers to curb its nuclear programme, paving the way for sanctions that have stifled its economy to be lifted.

Government imposes restrictions on sugar exports from June 1

Government imposes restrictions on sugar exports from June 1

Rediff.com25 May 2022

The government on Tuesday imposed restrictions on sugar exports from June 1, a move aimed at increasing availability of the commodity in the domestic market and curbing price rise. "Export of sugar (raw, refined and white sugar) is placed under restricted category from June 1, 2022 onwards," the Directorate General of Foreign Trade (DGFT) said in a notification. However, it said that these restrictions would not be applicable on sugar being exported to the EU and the US under CXL and TRQ. A specified amount of sugar is exported to these regions under CLX and TRQ.

Anna to launch agitation in support of farmers next month

Anna to launch agitation in support of farmers next month

Rediff.com29 Dec 2020

In his letter dated December 28, issued from his native village Ralegan Siddhi of Maharashtra's Ahmednagar district, he said, that he has decided to again sit protest in Delhi from next month.

Raj govt brings 3 bills to negate impact of Centre's farm laws

Raj govt brings 3 bills to negate impact of Centre's farm laws

Rediff.com1 Nov 2020

The move comes after the Punjab assembly earlier this month adopted a resolution against the farm laws and unanimously passed four bills to counter the Centre's contentious legislations.

How RIL can save $450 million a year

How RIL can save $450 million a year

Rediff.com27 Aug 2014

Imported Ethane will substitute its current propane imports and a portion of naphtha used for ethylene production.

Food grains shouldn't go the way of COVID vaccines: India at UN

Food grains shouldn't go the way of COVID vaccines: India at UN

Rediff.com19 May 2022

The minister emphasised that India will play its due role in advancing global food security and it will do so in a manner in which it upholds equity, displays compassion, and promotes social justice.

Near-term worries will keep HUL stock under pressure

Near-term worries will keep HUL stock under pressure

Rediff.com3 Apr 2022

There are multiple near-term worries for the stock of India's largest listed consumer company, Hindustan Unilever (HUL). While inflationary pressures will weigh on its profitability, demand pressures - especially in the rural market - are expected to hit the firm's revenues. This is why brokerages have cut the earnings estimates for financial year 2022-23 (FY23) by 7-10 per cent.

Another farmer group ends protest against new laws

Another farmer group ends protest against new laws

Rediff.com28 Jan 2021

The farmers' union had been camping at the Dalit Prerna Sthal since December 2, demanding withdrawal of the three new farm laws, legalisation of minimum support price (MSP) for crops and implementation of the recommendation of Swaminathan Committee's report.

'The markets can always disappoint you'

'The markets can always disappoint you'

Rediff.com29 Jul 2020

'People are doing a lot of trading.' 'Short-term euphoria can be seen.' 'Retail participation is best through MFs and PMS.'

Amid farmer's protest, agriculture minister Tomar meets Shah

Amid farmer's protest, agriculture minister Tomar meets Shah

Rediff.com13 Dec 2020

Tomar and Parkash, along with their ministerial colleague Piyush Goyal, had led the government's negotiations with the protesting farmers.

Panel suggestions likely to lessen farmers' woes

Panel suggestions likely to lessen farmers' woes

Rediff.com24 Apr 2018

Regulated electronic platforms such as e-spot markets or spot exchanges may be deemed as authorised markets.

Mahinda faces calls for arrest as 8 killed in violence

Mahinda faces calls for arrest as 8 killed in violence

Rediff.com10 May 2022

Mahinda Rajapaksa has been accused by the Opposition of inciting the ruling party mobs to attack peaceful protesters by making a defiant speech while addressing several thousands of his supporters to deflect calls for his resignation.

Maha govt to move resolution against farm laws

Maha govt to move resolution against farm laws

Rediff.com5 Jul 2021

Rejection of the three central agriculture laws is one of the three resolutions approved by the Maharashtra cabinet on Sunday which will be moved in the monsoon session of the state legislature beginning Monday, sources said.

Starving One Ukraine to Defeat Another

Starving One Ukraine to Defeat Another

Rediff.com2 Aug 2022

If they can sit together and hammer out 'Black Sea Initiative' deal for much needed food shipments, surely, they should be able to address the madness of the larger military conflict?

GDP likely to grow 7.5-8% in FY23: CII

GDP likely to grow 7.5-8% in FY23: CII

Rediff.com25 Apr 2022

India's economy is expected to grow 7.5-8 per cent this fiscal year with exports playing a key role in the country's success story, CII president TV Narendran said on Monday. However, he said the country needs to remain prepared for any fallout of next wave of COVID-19 pandemic, and the impact of the ongoing Russia-Ukraine war. "We are confident that the economy can retain a high growth trajectory this year. "So, we are very optimistic on the export front. "Exports will be a key component of India's success story going forward," Narendran said.

Oil retreats, still above $100; no supply shocks for India

Oil retreats, still above $100; no supply shocks for India

Rediff.com25 Feb 2022

International oil prices retreated from an over seven-year high but was still above $100 a barrel and continue to pose threat to India's inflation rate and current account deficit. While there are no supply concerns as the oil route remained open, consumers will feel the pinch when PSU oil firms start passing on the increase in international rates through a revision in petrol and diesel prices, which have been on a pause for over three-and-a-half-months in view of elections in Uttar Pradesh and four other states. The government is "closely monitoring the situation" and will "take appropriate steps as and when required", a top official said. Brent crude oil surged past $105 per barrel on Thursday for the first time since August 2014, following Russia's invasion of Ukraine.

Farm laws: Rahul to hold protest on Thursday, later meet Prez

Farm laws: Rahul to hold protest on Thursday, later meet Prez

Rediff.com23 Dec 2020

"Rahul Gandhi along with opposition leaders met President and submitted the memorandum to resolve farmers' issue. But there was no action from the President and the government. Rahul Gandhi will lead demonstration tomorrow at 10:45 am from Vijay Chowk to Rashtrapati Bhavan with Congress MPs," Suresh said.

Modi inaugurates India's first international exchange

Modi inaugurates India's first international exchange

Rediff.com9 Jan 2017

INX will trade initially in equity derivatives, currency derivatives, commodity derivatives including index and stocks

Prez accepts Harsimrat Kaur Badal's resignation

Prez accepts Harsimrat Kaur Badal's resignation

Rediff.com18 Sep 2020

'The President of India, as advised by the prime minister, has accepted the resignation of Harsimrat Kaur Badal from the Union Council of Ministers, with immediate effect,' the Rashtrapati Bhavan said in a statement.

Has COVID-19 soured India-China relations further?

Has COVID-19 soured India-China relations further?

Rediff.com23 Apr 2020

'The virus of trust deficit seems to be taking a toll of the friendship built over the years by succeeding leaderships of the two countries,' notes Rup Narayan Das.

Spot Trade: Private players eye Gujarat pie

Spot Trade: Private players eye Gujarat pie

Rediff.com13 Jul 2007

Amendments to the Agriculture Produce Market Committees Act have opened floodgates for private companies and online commodity exchange in Gujarat.

Indian economy to grow at 9.5% this year and 8.5% in 2022: IMF

Indian economy to grow at 9.5% this year and 8.5% in 2022: IMF

Rediff.com12 Oct 2021

India's growth projection released by the latest World Economic Outlook remains unchanged from its previous WEO (World Economic Outlook) update of July this summer but is a three-percentage point in 2021 and 1.6 percentage point drop from its April projections. According to the latest WEO update, released ahead of the annual meeting of the IMF and the World Bank, the world is expected to grow at 5.9 per cent in 2021 and 4.9 per cent in 2022.

'Over The Long Term, Equities Are The Best Inflation Hedge'

'Over The Long Term, Equities Are The Best Inflation Hedge'

Rediff.com28 Jun 2022

'Recent underperformance notwithstanding, equities should constitute a major part of investors' financial portfolio.'

SC-appointed panel starts consultation on farm laws

SC-appointed panel starts consultation on farm laws

Rediff.com21 Jan 2021

The Supreme Court-appointed panel on the new agri laws on Thursday started its consultation process and interacted with 10 farmer organisations from eight states, including Uttar Pradesh.

'Let FDIs take part in Futures trade'

'Let FDIs take part in Futures trade'

Rediff.com27 Nov 2007

In a reiteration of its stand, Forward Markets Commission (FMC) chief B C Khatua said FMC is open to foreign participation in the market in a limited way and will talk to the Centre in this regard.

Won't hold tractor march on R-Day if SC orders: Farmers

Won't hold tractor march on R-Day if SC orders: Farmers

Rediff.com15 Jan 2021

"We would conduct the rally on some different day," Bhartiya Kisan Union Rakesh Tikait said.

'Room for more correction in equities'

'Room for more correction in equities'

Rediff.com29 Dec 2021

'At current valuations, we believe large-caps offer better downside support.' 'Hence, we are suggesting a small tilt towards them.'

IOC to commence oil derivative trade

IOC to commence oil derivative trade

Rediff.com10 Sep 2003

The state-run Indian Oil Corporation on Wednesday said it plans to begin the commodity derivative transactions in a few weeks as part of its risk management strategy against the volatile international crude oil prices.

RCEP: 'India has enough bargaining chips'

RCEP: 'India has enough bargaining chips'

Rediff.com13 Nov 2019

'RCEP may be in India's long-term interest, but it is certainly not in India's short-term and medium-term interest.'

10 stocks that FPIs bought and sold the most

10 stocks that FPIs bought and sold the most

Rediff.com12 May 2022

The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.

Prices of precious metals continue to rise

Prices of precious metals continue to rise

Rediff.com5 Sep 2019

The global high comes amidst the uncertainties of Brexit, a trade war and slowing growth, with traders increasing their silver bets.

Gujarat/Himachal's 2024 Message For Modi

Gujarat/Himachal's 2024 Message For Modi

Rediff.com10 Dec 2022

The message for 2024 is that the man on the street is not going to be euphoric if the G-20 crowns Modi as king-emperor for 2023, or if India sends its first man to space just ahead of the Lok Sabha polls. Even a 'temple consecration' in Ayodhya, or a Uniform Civil Code, or both of them together, may not have enough electoral purchase if fuel and commodity prices are not rolled back, and money-in-the-pocket does not fatten, points out N Sathiya Moorthy.

Lankan Opposition submits no-trust motions against President, Govt

Lankan Opposition submits no-trust motions against President, Govt

Rediff.com3 May 2022

Sri Lanka's main Opposition party Samagi Jana Balawegaya (SJB) on Tuesday handed over to the parliamentary Speaker motions of no-confidence against the Sri Lanka Podujana Peramuna (SLPP) coalition government and embattled President Gotabaya Rajapaksa, even as the government announced the appointment of a cabinet sub-committee to look into the proposal for a new Constitution.