The industry is expecting double-digit growth on a year-on-year basis, helped by a possible price correction after softening of raw material inputs and factors such as positive sentiments, pent up demand and improving economic conditions. Besides, a shift in consumer behaviour from price consciousness towards technologically advanced premium products with quality, value proposition and safety aspects leading to a rise in demand for home automation products is making the industry upbeat. With the government's production linked incentive (PLI) scheme for white goods, which has witnessed a committed investment of Rs 4,614 crore, in place, many manufacturers are gearing up to make the most out of the opportunity as well as take steps towards reducing their dependency on imports and make products more affordable.
The Community PCs' will keep farmers informed about the prices of various commodities in wholesale markets.
India's commodity bourses -- Multi-Commodity Exchange and National Commodity and Derivatives Exchange -- are gearing up to launch futures trading in carbon credits.
Dabba trades also allow investors to avoid SEBI registration requirements or the margin requirements set by exchanges.
'Gold could benefit from the resulting risk aversion, as happened last year.'
Major markets including, the Bombay Stock Exchange, the National Stock Exchange, the foreign exchange and money market will remain closed on Thursday for Ram Navmi.
'We expect the bull run to continue until economic growth continues.'
All principal markets including commodity, the Bombay Stock Exchange, the National Stock Exchange, Foreign Exchange and Money Market will remain closed on September 7.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
Nirmala Sitharaman is proving to be a better finance minister than her initial rookie status might have led people to expect, observes T N Ninan.
Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being imposed across the state, Thackeray essential services have been exempted from the restrictions. The curfew will be in place till 7 am on May 1.
Besides Vodafone, several other major MNCs like Nokia and Shell were locked in tax dispute with the revenue department.
Commodity market regulator Forward Markets Commission may not allow futures trading in cement.
India's largest agri commodity bourse - the National Commodities and Derivatives Exchange - plans to launch futures trading in coal soon.
All major markets including Bombay Stock Exchange, National Stock Exchange, foreign exchange, call money and wholesale commodity markets will remain closed on Friday on account of 'Dussehra'.
Crisis-ridden NSEL on Wednesday declared ten more entities as defaulters after they failed to pay their dues on the second-pay out, taking the number of members who are to pay dues at 19.
Officials in the FMC said the regulator is planning to permit active role for the state marketing federations in commodity futures trading.
Bajaj Finance was the top laggard in the Sensex pack, slumping over 10 per cent, followed by M&M, Titan, Hero MotoCorp, ICICI Bank and Tech Mahindra. On the other hand, L&T, Bharti Airtel, IndusInd Bank, UltraTech Cements and NTPC were among the gainers.
Several markets, including commodity, foreign exchange and money markets will remain closed on Tuesday on account of 'Maha Shivratri'.
Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.
Commodity markets are attracting large non-traditional investors across the globe.
The report noted that export volumes are likely to remain sluggish.
India's leading agri commodity bourse - the National Commodity and Derivatives Exchange said on Monday that its trading volumes have been hit by the ban on futures trading in pulses, wheat and rice.
The government on Tuesday said it is keeping a close watch on the developments in the crisis-ridden NSEL and will take action once reports of the two committees looking into the problems of the exchange are received.
The aggrieved investors of National Spot Exchange (NSEL) have moved the Securities and Exchange Board of India (Sebi) against Financial Technologies (FTIL), the listed promoter.
Select markets such as the Bombay Stock Exchange, the National Stock Exchange, the foreign exchange and the money market will remain closed on Friday
FIPB rejects proposals from firms that have not divulged details of beneficial ownership or source of funding
The bullish outlook for gold is seen as a trigger for silver to perform better going ahead.
The turnover of 23 commodity bourses rose by 49.38 per cent to Rs 9,04,686 crore (Rs 9,046.86 billion) in August this year despite low business recorded during the month at the leading exchanges, MCX and NMCE, according to the Forward Markets Commission.
All major markets, including the Bombay Stock Exchange, National Stock Exchange, foreign exchange, government securities, overnight call money, bullion and commodity are closed on Monday for the second phase of Lok Sabha
The Securities Appellate Tribunal (SAT) has stayed a Sebi order which imposed a fine of Rs 1 crore on HDFC Bank for invoking securities pledged by stock broker BRH Wealth Kreators, till further orders. Sebi had imposed the fine and also directed the bank on January 21 to transfer Rs 158.68 crore along with 7 per cent interest per annum into an escrow account till the issue of settlement of clients' securities is reconciled. "The fact that the circulars have been violated or not and whether the securities have been rightly invoked by the appellant requires consideration," the tribunal said in an order dated February 19 while giving three weeks time to Sebi to file a reply.
The decision is a part of a surveillance review.
Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this
Barack Obama on Thursday named Mary Schapiro, head of the securities industry's self-regulatory body, as chair of the Securities and Exchange Commission.
The governor also said no life has been lost in Jammu and Kashmir due to any violence in the last 10 days
Last month saw DGCX record the highest volumes, as trades in futures contracts across the bourse crossed one million contracts.
The year 2020 could see the worst global economic fallout since the Great Depression in the 1930s, with over 170 countries likely to experience negative per capita income growth due to the raging coronavirus pandemic, IMF Managing Director Kristalina Georgieva said on Thursday. Georgieva made the remarks during her address on 'Confronting the Crisis: Priorities for the Global Economy' in Washington, DC, ahead of next week's annual spring meeting of the International Monetary Fund and the World Bank.
Christine Lagarde said the prospect of rising interest rates in the US and China's slowdown are contributing to uncertainty and higher market volatility.
All the principal markets, including the Bombay Stock Exchange, the National Stock Exchange, the foreign exchange, money, and commodities marts will remain closed on Thursday, on account of Maharashtra Day holiday.