News for 'Commodities Exchange'

Investing In Silver ETFs? An FAQ

Investing In Silver ETFs? An FAQ

Rediff.com7 Feb 2024

Anamika Pareek answers five most frequently asked questions about investing in silver ETFs

Goldman puts in proposal for MCX stake

Goldman puts in proposal for MCX stake

Rediff.com6 Feb 2007

The move comes nearly a month after it acquired five per cent in the National Stock Exchange.

MCX may offer co-location facility

MCX may offer co-location facility

Rediff.com3 Sep 2010

If implemented, it will be the first commodity exchange to offer such a facility.

FTIL's stake sale: Forward Markets Commission to meet on May 6

FTIL's stake sale: Forward Markets Commission to meet on May 6

Rediff.com30 Apr 2014

The FMC had warned MCX that it would not renew contracts, allow new contracts and eventually take away the licence to run the bourse if the commodity exchange does not comply with regulatory norms.

Survey lauds the importance of capital markets in India's growth story

Survey lauds the importance of capital markets in India's growth story

Rediff.com22 Jul 2024

Capital markets are becoming more prominent in India's growth story, with an expanding share in capital formation and investment landscape on the back of technology, innovation and digitisation, according to the Economic Survey 2023-24 tabled in Parliament on Monday. Further, Indian markets are resilient to global geo-political and economic shocks, it added. "Despite heightened geo-political risks, rising interest rates and volatile commodity prices, Indian capital markets have been one of the best performing among emerging markets in FY24," the Economic Survey said.

Stock, forex markets closed today

Stock, forex markets closed today

Rediff.com27 Nov 2008

The Bombay Stock Exchange and Foreign Exchange market will remain closed today due to a terrorist attack in Mumbai.

NYSE Euronext calls off share sale in MCX

NYSE Euronext calls off share sale in MCX

Rediff.com7 Mar 2013

The buyer received poor investor response to the pricing of the share sale.

MCX a multibagger for early investors

MCX a multibagger for early investors

Rediff.com12 Mar 2012

Some state-run banks made 10,000-13,000 per cent gains on their holdings in the Multi Commodity Exchange (MCX) after the latter commodity bourse made an impressive listing on Friday.

Options trading in gold launched; in cotton, silver, copper soon

Options trading in gold launched; in cotton, silver, copper soon

Rediff.com17 Oct 2017

Gold is the first product for options trading that markets regulator Sebi has allowed after 14 years of commodity exchanges in the country.

Illegal trade: FMC introduces penalty on brokers

Illegal trade: FMC introduces penalty on brokers

Rediff.com30 Mar 2010

Besides introducing a penalty for illegal trading, the Forward Markets Commission has announced a uniform penalty structure for all the commodity exchanges, while raising the penalty amount for various other offences.

From GDP to inflation: Key highlights of RBI's monetary policy

From GDP to inflation: Key highlights of RBI's monetary policy

Rediff.com8 Feb 2024

The highlights of RBI's bi-monthly monetary policy announced by Governor Shaktikanta Das:

MCX clocks record turnover, market share

MCX clocks record turnover, market share

Rediff.com5 Apr 2007

India's leading commodity bourse - the Multi-Commodity Exchange Commodity of India - has led the commodity futures boom in India in the last year with a market share of 72.4 per cent.

Investing In ETFs? 7 Things You Must Know

Investing In ETFs? 7 Things You Must Know

Rediff.com4 Sep 2023

Dwaipayan Bose examines the seven important factors that investors about exchange traded funds must know before they start investing/trading in them.

Govt plans tax information exchange

Govt plans tax information exchange

Rediff.com16 Mar 2005

The Centre is planning to establish a Taxation Information Exchange System to track inter-state trade of all commodities after the phase-out of Central Sales Tax.

BSE launches currency futures trading

BSE launches currency futures trading

Rediff.com1 Oct 2008

Asia's oldest bourse, Bombay Stock Exchange on Wednesday launched currency derivatives segment (BSE-CDX) that would enable participants to hedge their currency risks through trading in the US dollar-rupee future platform.

FMC may get autonomy in Act amendment

FMC may get autonomy in Act amendment

Rediff.com22 Feb 2007

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.

FMC bars NSEL, group cos from commodity auctions

FMC bars NSEL, group cos from commodity auctions

Rediff.com3 Oct 2013

The FMC on Thursday barred the National Spot Exchange and group firms from auctions of commodities held by the bourse after a complaint that firms related to the former managing director took part in the bidding process.

Futures trading in petrol, diesel may get Sebi nod

Futures trading in petrol, diesel may get Sebi nod

Rediff.com29 May 2018

Petrol and diesel are among the 90-plus commodities that have been approved by the government for derivatives trading

MFs may get to invest in commodities

MFs may get to invest in commodities

Rediff.com10 Dec 2004

Gold may touch Rs 60,000/10 grams in 2023

Gold may touch Rs 60,000/10 grams in 2023

Rediff.com30 Dec 2022

A yellow glow is likely to stand out amid grey geopolitical clouds in 2023, with gold price projected to touch Rs 60,000 per 10 grams in the Indian market as more investors veer towards safe-haven assets. In a year where volatility was more a norm than an exception, gold prices in the international market oscillated from a peak of $2,070 per ounce in March to a low of $1,616 per ounce in November and is steadily recovering since then, according to market experts. At the beginning of 2022, gold prices were around $1,800 an ounce.

FMC calls regional exchanges' meet

FMC calls regional exchanges' meet

Rediff.com21 Aug 2007

The Forward Markets Commission will convene a meeting of 21 regional exchanges in the country to prepare a plan of action for their revitalisation, commission's chairman B C Khatua said.

Commexes get a new set of rules on accountability

Commexes get a new set of rules on accountability

Rediff.com28 Aug 2013

New FMC directives for MDs & CEOs; regulator also wants half the directors on commodity exchange boards to be independent.

Former NMCE chief accused of fraud, favouritism

Former NMCE chief accused of fraud, favouritism

Rediff.com2 Aug 2011

Regulator has asked National Multi-Commodity Exchange to file criminal case against Kailash Gupta.

Commexes free to lower transaction fees

Commexes free to lower transaction fees

Rediff.com20 Oct 2009

The regulator's comments has come at a time when national level exchanges NCDEX and NMCE are mulling to cut transaction fees, after leading bourse MCX decided to slash the charges from November 2.

IMF cautions India on govt debt vulnerabilities, Centre disagrees

IMF cautions India on govt debt vulnerabilities, Centre disagrees

Rediff.com27 Dec 2023

The International Monetary Fund (IMF) warned on Tuesday that India's general government debt (comprising both central and state government debt) could exceed 100 per cent of gross domestic product (GDP) in the medium term. It also cautioned that long-term debt sustainability risks are high due to the significant investment required to meet India's climate change mitigation targets. The Indian government, however, disagreed, arguing that risks from sovereign debt are extremely limited as it is predominantly denominated in domestic currency.

ICICI to act as clearing bank for SMX

ICICI to act as clearing bank for SMX

Rediff.com11 Nov 2009

SMX is a wholly-owned subsidiary of Financial Technologies, which is a leading player in creating and operating exchange platforms.

'Negative comments hurting futures trade'

'Negative comments hurting futures trade'

Rediff.com12 Jul 2007

Upset over fall in its turnover, commodity exchange NCDEX said statements by some of the key policymakers have affected trading sentiments in futures markets.

Power trading to be a reality soon

Power trading to be a reality soon

Rediff.com25 Oct 2007

MCX has received permission to set up a power exchange, which is expected to become functional in the first half of next year, and for the first time power will be traded like a share or a commodity on an exchange in the country.Price signals from the exchange will encourage producers to sell surplus power or produce it specifically for selling it on the exchange. Besides, the power exchange will make investors and financial institutions comfortable in funding new projects.

NCDEX all set to relaunch groundnut futures after more than 13 years

NCDEX all set to relaunch groundnut futures after more than 13 years

Rediff.com19 Jun 2023

After a gap of more than 13 years, the National Commodity and Derivatives Exchange (NCDEX) is all set to launch a futures contract in groundnut (in shell) to fill a void in oilseeds complex futures because of a ban in several high-volume commodities.

NCDEX to spread awareness on futures

NCDEX to spread awareness on futures

Rediff.com2 Apr 2007

The Central government's decision to ban futures trading in several commodities has not deterred the firms from going in for a big awareness drive in Punjab, India's wheat bowl.

MCX plans futures in gold coins

MCX plans futures in gold coins

Rediff.com28 Nov 2007

India's largest commodity bourse--the Multi Commodity Exchange of India --may soon unveil futures contract in gold coins in an attempt to tap the small retail investors across India.

'Futures trading will create wealth'

'Futures trading will create wealth'

Rediff.com16 Jul 2007

If anyone asks who should be named the pioneer of online Futures trading exchanges in commodities, the first name that would prop up will be that of Kailash Gupta.

MCX to start on-line spot trading in September

MCX to start on-line spot trading in September

Rediff.com6 Jul 2007

The exchange also plans to start Futures trading in electricity, carbon credit, coal, freight index, weather index, real estate index and rain index after the amendment to the Futures Contracts Regulation Act is passed by the Parliament.

I have survived the tsunami of bad news: Jignesh Shah

I have survived the tsunami of bad news: Jignesh Shah

Rediff.com1 May 2014

An interview with Jignesh Shah.

Ambani beats Adani to remain India's richest; ranks 9th in global list

Ambani beats Adani to remain India's richest; ranks 9th in global list

Rediff.com3 Apr 2024

Oil-to-telecom conglomerate Reliance Industries Ltd head Mukesh Ambani continues to be the richest Indian and has now broken into the world's top 10 wealthiest persons in the latest Forbes 2024 Billionaire List. Ambani, 66, is ranked 9th on the list with a wealth of $116 billion, up from $83.4 billion in the 2023 ranking, according to Forbes. Gautam Adani is the second richest Indian and is ranked at No.17 on the global list.

'Rs 1.7 trillion may be GST average collection next FY'

'Rs 1.7 trillion may be GST average collection next FY'

Rediff.com18 Feb 2024

'We crossed Rs 1.7 trillion in three months this financial year.'

NYSE Euronext to buy 5% in  MCX for Rs 240 crore

NYSE Euronext to buy 5% in MCX for Rs 240 crore

Rediff.com15 Feb 2008

The 5 per cent equity investment is the maximum equity interest permitted to foreign investors in derivative exchanges

Adani Group profit jumps 55% in FY24; eyes $90 bn investment in 10 years

Adani Group profit jumps 55% in FY24; eyes $90 bn investment in 10 years

Rediff.com31 May 2024

Adani group saw a 55 per cent profit surge in the fiscal year ended March 2024 as the apples-to-airport conglomerate is back on an expansion spree and eyeing a $90 billion capex over the next decade. Emerging from a damning report of a US short seller, which hit market value of its listed companies, Adani group in 2023-24 (April 2023 to March 2024) fiscal focused on containing debt, reducing founder share pledge and consolidating business in core competencies.

'Physical delivery essential in futures contracts'

'Physical delivery essential in futures contracts'

Rediff.com23 Jul 2007

India's apex Forward Markets Commission says physical delivery is essential for the transparent functioning of the commodity exchanges.

FMC's ruling most severe on Jignesh

FMC's ruling most severe on Jignesh

Rediff.com19 Dec 2013

The order says he was the 'highest beneficiary' of NSEL fraud and has proven unfit to handle affairs of any exchange.