News for 'Commodity Exchange'

NSEL settles Rs 330 crore of Rs 5,500 crore dues in 33 weeks

NSEL settles Rs 330 crore of Rs 5,500 crore dues in 33 weeks

Rediff.com8 Apr 2014

The bourse had proposed to settle all dues amounting to Rs 5,574.31 crore (Rs 55.74 billion) in 30 weeks, according to a settlement schedule issued by NSEL on August 16.

FTIL acquires 60% equity in Bourse Africa

FTIL acquires 60% equity in Bourse Africa

Rediff.com10 Dec 2008

The Financial Technologies India group has inked a deal to acquire 60 per cent stake in Botswana-based Bourse Africa.

MCX group's overseas venture may get delayed

MCX group's overseas venture may get delayed

Rediff.com30 Mar 2009

The turmoil in financial markets seems to be affecting the global expansion plans of Financial Technologies, promoter of top domestic commodity bourse MCX, and trading at its overseas exchange ventures in Singapore, Mauritius and Bahrain may get delayed by about a year.

Modi Breaks Fresh Ground In Foreign Policy

Modi Breaks Fresh Ground In Foreign Policy

Rediff.com23 Mar 2022

'The big power struggle in faraway Europe erupted at a most critical juncture when India has been increasingly sceptical about American policies and statesmanship,' argues Ambassador M K Bhadrakumar.

Online gold trading will soon be a reality

Online gold trading will soon be a reality

Rediff.com6 Feb 2018

BSE proposes two models for making gold trading and investment transparent

US adds India to currency watch list

US adds India to currency watch list

Rediff.com14 Apr 2018

It said New Delhi increased its purchase of foreign exchange over the first three quarters of 2017 which does not appear necessary.

BSE open, forex mart closed on Mar 30

BSE open, forex mart closed on Mar 30

Rediff.com29 Mar 2006

Several markets, including the foreign exchange and all the commodity markets will remain closed on Thursday, March 30, on account of Gudi Padwa.

Swift action taken to stop NSEL crisis spillover: FM

Swift action taken to stop NSEL crisis spillover: FM

Rediff.com17 Feb 2014

He also said the Forward Contracts (Regulation) Act would be amended to strengthen the regulatory framework of the commodity derivatives market.

BSE, NSE to remain closed on Tue

BSE, NSE to remain closed on Tue

Rediff.com1 Mar 2004

Several major markets including the Bombay Stock Exchange, the National Stock Exchange, Foreign Exchange and the money market will remain closed on Tuesday, March 2 on account of 'Muharrum'.

Markets end higher as S&P upgrades India outlook

Markets end higher as S&P upgrades India outlook

Rediff.com26 Sep 2014

S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.

Markets to remain closed on Apr 11

Markets to remain closed on Apr 11

Rediff.com10 Apr 2006

Markets to remain closed on Apr 11

Bumpy road ahead for Maruti

Bumpy road ahead for Maruti

Rediff.com29 Apr 2019

The company, which sells every second car in the domestic market, said it expected production and sales to grow between 4 per cent and 8 per cent for the financial year started in April.

Sebi rejects MCX plea for equity trading

Sebi rejects MCX plea for equity trading

Rediff.com23 Sep 2010

Market regulator Sebi on Thursday rejected MCX Stock Exchange's plea for starting trading in equities as also derivative trading in equity, interest rate and debt, saying giving the permission would not be in the interest of the market and public interest.

Trading in currency futures on MCX-SX from Tuesday

Trading in currency futures on MCX-SX from Tuesday

Rediff.com6 Oct 2008

The trading timing would be from 0900 to 1700 hours from Monday to Friday, the exchange statement said. The Securities and Exchange Board of India Chairman, C B Bhave, will inaugurate the currency derivatives at MCX-SX on Monday, but the trading will commence only the next day, it said.

Global ETF attraction reaches India

Global ETF attraction reaches India

Rediff.com30 Mar 2011

An ETF is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities or bonds.

Commexes to end year with Rs 70 trillion turnover!

Commexes to end year with Rs 70 trillion turnover!

Rediff.com31 Dec 2009

Intense competition and lifting of trading ban on four agri products will help the commodity futures exchanges end 2009 with a record turnover of up to Rs 70,00,000 crore (Rs 70 trillion), up 39 per cent from last year. The total turnover was at Rs 50,33,872 crore (Rs 50.338 trillion) in 2008.

As green norms kick in from 2020, refrigerator prices to go up

As green norms kick in from 2020, refrigerator prices to go up

Rediff.com2 Dec 2019

The added burden on manufacturers for recycling e-waste is expected to impact their margins, which may further lead them towards hiking prices of other items.

BSE, NSE closed on Wednesday

BSE, NSE closed on Wednesday

Rediff.com13 Apr 2004

The Bombay Stock Exchange, the National Stock Exchange, the interbank foreign exchange market and overnight call money/government securities market will remain closed on Wednesday.

Weakening rupee a sign of volatility ahead

Weakening rupee a sign of volatility ahead

Rediff.com5 Dec 2014

The rupee has depreciated 2.35 per cent in the past three months and one per cent in the past month, despite strong capital flows and falling oil prices.

 NSpot tops in electronic trading of food crops

NSpot tops in electronic trading of food crops

Rediff.com6 Jul 2010

NCDEX Spot (NSpot) on Tuesday said that it has attained the number one position in electronic auctions of food crops.

BSE, NSE to be closed on Fri

BSE, NSE to be closed on Fri

Rediff.com17 Apr 2003

Select markets like the Bombay Stock Exchange, National Stock Exchange, Foreign Exchange and the Money Market will remain closed on Friday.

Want to invest in Stocks? Check out these courses

Want to invest in Stocks? Check out these courses

Rediff.com7 Jan 2020

'Trading is about psychology; 75% of it is about keeping your emotions in check.'

'Hum do hamare do': Rahul's jibe at Modi govt over farm laws

'Hum do hamare do': Rahul's jibe at Modi govt over farm laws

Rediff.com11 Feb 2021

Lending his support to the ongoing farmers protests, he said in Lok Sabha that it was not an agitation of the farmers only but a movement of the country and the government will have to repeal the laws.

How to curb the demand for gold

How to curb the demand for gold

Rediff.com17 Dec 2013

Financial substitutes for gold are key to addressing the pressure from large imports.

BSE, NSE closed on Monday

BSE, NSE closed on Monday

Rediff.com12 Apr 2003

Select markets like the Bombay Stock Exchange and the National Stock Exchange, the Foreign Exchange and the Money Market will remain closed on Monday, April 14 on account of Ambedkar Jayanti.

NCDEX to start spot trading in bullion

NCDEX to start spot trading in bullion

Rediff.com10 Oct 2007

The exchange has formed a new company -- NCDEX Spot Exchange--and senior officials said bullion will be one of the important products in spot market trading.

Why ArcelorMittal not in favour of Steel Futures

Why ArcelorMittal not in favour of Steel Futures

Rediff.com30 Jan 2008

ArcelorMittal does not favour futures trading in steel, as it could distort the prices of the commodity completely.

BSE, NSE open; forex market closed tomorrow

BSE, NSE open; forex market closed tomorrow

Rediff.com1 Apr 2003

The interbank foreign exchange, call money as well as major essential commodities markets like sugar, edible oils, cotton, metals and bullion will remain officially closed on Wednesday on the occasion of Gudi Padwa.

Markets closed for Eid-Ul-Fitr

Markets closed for Eid-Ul-Fitr

Rediff.com26 Nov 2003

All principal markets including the Bombay Stock Exchange, the National Stock Exchange, foreign exchange, money, oils & oilseeds, metals, copra and cotton remained closed on Wednesday on account of Eid-Ul-Fitr.

ICE eyes ICICI's NCDEX stake

ICE eyes ICICI's NCDEX stake

Rediff.com22 Jan 2007

Intercontinental Exchange, which trades in energy derivatives, is in talks to buy ICICI Bank's holding in the National Commodities and Derivative Exchange.

Tips to choose the right ETFs

Tips to choose the right ETFs

Rediff.com25 Aug 2009

The exchange traded fund (ETF), the most exciting investment in the market, is capable of giving sweeping returns.

NSEL defaults for 17th time; pays Rs 9 cr against Rs 174.72 cr

NSEL defaults for 17th time; pays Rs 9 cr against Rs 174.72 cr

Rediff.com11 Dec 2013

Crisis-ridden bourse NSEL paid about Rs 9 crore (Rs 90 million) against the scheduled payment amount of Rs 174.72 crore (Rs 1.74 billion), defaulting for the 17th straight time.

USE to start trading in currency derivatives

USE to start trading in currency derivatives

Rediff.com7 Feb 2009

USEIL, promoted by 11 banks, MMTC, and a large brokerage firm Jaypee Capital has received in princial approval from Sebi for commencing contracts in currency derivatives.

RBI may buy more gold to counter weak dollar

RBI may buy more gold to counter weak dollar

Rediff.com4 Nov 2009

The Reserve Bank of India may move forward to accumulating more gold as the yellow metal is expected to shine in the years to come. "A weaker dollar could diminish the value of India's foreign exchange reserves and hence this could lead to further accumulation of gold by the RBI. This move will help India's central bank to hedge its downside risk on the foreign exchange reserves front," Angel Commodities Broking analyst Amar Singh said.

Rising demand from India, palm oil futures rise

Rising demand from India, palm oil futures rise

Rediff.com31 Jul 2007

Traders in Mumbai said palm oil futures in Malaysia, the benchmark for the commodity, has been icreasing thanks to rising demand from India, the world's second biggest buyer of vegetable oils.

Will duty hike encourage gold smuggling?

Will duty hike encourage gold smuggling?

Rediff.com22 Jan 2013

NSEL, has up to Rs 500 crore (Rs 5 billion) daily turnover in e-golds.

'Let govt ensure MSP is a legal right just like MRP'

'Let govt ensure MSP is a legal right just like MRP'

Rediff.com25 Sep 2020

'Government is saying that I will not be responsible for ensuring you get MSP but traders and large corporate will be responsible. 'India now is the only country that is saying such things'

Rate-cut hopes drive markets higher; bluechips gain

Rate-cut hopes drive markets higher; bluechips gain

Rediff.com15 May 2015

Benchmark indices finished higher on hopes of economic reforms

Markets pause after 3-day bull run

Markets pause after 3-day bull run

Rediff.com4 Mar 2016

Asian shares ended higher after a string of positive US economic data.