The National Stock Exchange is chalking out a strategy to launch a separate trading platform for small and medium companies.
NSE's own handle @nseindia was content tweeting out the press release in seven tweets.
Officials in the FMC said the regulator is planning to permit active role for the state marketing federations in commodity futures trading.
Low-cost carriers SpiceJet and IndiGo were two of the main traders of aviation turbine fuel (ATF) at the Multi Commodity Exchange of India (MCX), which started trading of ATF futures on Monday, market sources said. Around Rs 34.8 crore worth of ATF was traded till five on Monday evening.
The MCX chief was in the US to clinch a deal with the NYSE that has bought 5 per cent stake in MCX.
The Safal National Exchange, an on-line spot exchange based in Bangalore has begun online spot trading in mangoes.
Kerala's cardamom growers have reason to cheer
India's leading commodity bourse - the Multi Commodity Exchange - has tied up with the US-based Institute of Financial Management to conduct training programmes on futures and options across the country.
'It is not impossible that there will be some arrangement with the Congress in West Bengal after the ongoing local body polls.'
Gold has risen from Rs 9,290 on March 5 to Rs 9,530 by mid-April, a rise of 4% while copper rose from Rs 268 on March 2 to Rs 330 by mid-April, a jump of 25%.
Silencing all rumours and speculations on its future, the total commodity futures trading volume in the last financial year showed an increase of 70 per cent to Rs 37 lakh crore (Rs 37 trillion).
Jewellery stores remained deserted as buyers deferred their non-essential purchases awaiting softness in gold prices.
The yellow metal witnessed some token buying but failed to take off on Dhanteras, a day considered auspicious for buying gold, silver and other valuables and is largely celebrated in North and West India.
Gold prices in Mumbai hit a five-month low at Rs 8,800 (99.5) and Rs 8,850 (99.9) per 10 gram on Thursday following a decline in the global prices and falling demand in the domestic market.
Apple Pay also faces competition from Merchant Customer Exchange (MCX) - a consortium of retailers including Wal-Mart and Best Buy - which is developing its own mobile payment platform.
Allegations of a particular market player being favoured over others were flying thick and fast in the early days of the scam.
According to reports, the deal is estimated to be close to $300 mn.
The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.
The RBI view comes within a fortnight of the sectoral regulator FMC in a report stating that the promoter Shah and promoter company Financial Technologies are not eligible to run the crippled exchange, an order challenged by the group in the Bombay High Court.
Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind
Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
'India Inc has been afraid to criticise the government of the day for many years now, and it is perhaps unfair to blame the current one alone,' says Shyamal Majumdar.
FIPB rejects proposals from firms that have not divulged details of beneficial ownership or source of funding
India celebrated Dhanteras, the biggest gold buying festival, followed by Diwali, when scarcity of the yellow metal and high prices pushed consumers to buy silver and diamond jewellery.
The investigators have already served summons to Shah and others directing them to appear before them for questioning.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Tinesh Bhasin explains the pros and cons of trading in gold 'options', which were introduced in India this Dhanteras
BSE will become the fourth player in currency derivatives in India
The RBI's macroeconomic report released after the close of markets said upside risks to food inflation remain and that it expects the retail and wholesale price inflation to remain above comfort levels.
The Indian currency resumed lower at 61.50 per dollar as against the last closing level of 61.46 at the Interbank Foreign Exchange Market.
Dealers attributed the fall in rupee to gains made by US dollar against the euro and other overseas currencies ahead of US jobs data and a lower opening in the domestic equity market.
Traders say the rupee and other global currencies will likely track the continued uncertainty in the US budget stalemate and government shutdown.
Hordes of cows rampage through the fields, eating everything in sight. This is after the UP government banned slaughter of cattle. As a result, farmers whose cows become old and are a liability simply sets them loose.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Eight FDI proposals worth Rs 1,311.54 crore (Rs 13.11 billion), including that of Norwegian telecom firm Telenor, have been cleared by the government on the basis of FIPB approvals.
They induced HNIs to trade on spot market commodity exchange with promise of high returns.
