Brokers have only kept guarantees for which they have open positions.
Managing expectations is a challenge for policymakers.
Kotak Mahindra Bank has decided to buy a 15 per cent stake in Multi Commodity Exchange (MCX) for Rs 459 crore from Financial Technologies India (FTIL).
Principal economic advisor, Ila Patnaik, is coordinating the work on Economic Survey 2013-14.
The finance ministry and several agencies under it such as the Securities and Exchange Board of India (Sebi) and the Enforcement Directorate (ED), which are investigating the affairs of Sahara India Parivar, are worried about its exposure to National Spot Exchange Ltd (NSEL) products.
Exchange to reply to FMC's letter soon, CEO says buyers can't be declared defaulters where there is 'market disruption'.
Chary also says some government officials have played an important role in favouring organisations that MCX competes with.
DEA officials to push for this at a meeting with FM Jaitley.
Negotiations on with three brokers holding 5% of about Rs 5,500-crore (Rs 55 billion) overall dues
The Street is never short of hope and events to look forward to
Investor forum wants govt to take over exchange, raises doubts on claims of matching stocks; NSEL says default by brokers to be dealt with legally.
2015 is set for a lot of changes - and some that we would like to happen
Commodity futures market's dream run came to a halt in 2013 as a Rs 5,600 crore scam in Jignesh Shah-led spot exchange NSEL and imposition of transaction tax on non-farm items hampered the growth of business, with turnover estimated to dip by 30 per cent to Rs 125 lakh crore.
After National Spot Exchange Ltd (NSEL) this week suspended trading in forward contracts, the Forward Markets Commission (FMC), the commodities market regulator, on Friday sought to allay fears over the exchange defaulting on open contracts.
This Budget plans for an increase to 10.3% of GDP from 9.9%.
Finance minister Arun Jaitley has delivered a Arun Jaitley delivered a bold, far sighted budget
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
NDA government has shunned populism.
The government has provided a long-term vision.
Indian economy about to take-off
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