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.
India plans to launch trading of government bond futures within the next two months as part of efforts to deepen its financial markets, according to several sources involved in the discussions with the central bank.
This has steered a rally in global equities and dollar Index also ticked higher, trading near its four year high.
If implemented, it will be the first commodity exchange to offer such a facility.
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
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.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
Among the lot, Rallis India, Escorts, Jubilant Life Sciences, and Crisil added half of the total gains made in the ace stock-picker's portfolio.
Benchmark indices finished higher on hopes of economic reforms
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
The corporation, christened MCX Clearing Corporation, is likely to start functioning next month. So far, the exchange's clearing activities are controlled by an integrated clearing house which remains a function of the exchange platform.
Weakness in Infosys, L&T and Hindalco cap index gains.
India's commodity bourses -- Multi-Commodity Exchange and National Commodity and Derivatives Exchange -- are gearing up to launch futures trading in carbon credits.
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
The deal values DGCX, which started operations one and a half years ago, at a whopping $1.25 billion.
Markets surged in late trades to snap five-day losing streak led by bank shares.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Few top honchos of India Inc did very well in 2014.
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