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.
His name is Lee Lowell -- and he's one of those rare men in the investing world. He's not about flash. He doesn't drive a fancy car or wear $2,000 suits. He's not about climbing the ladder at any of those hotshot trading firms (though any firm would be glad to have him).
Gains in IndusInd Bank, HCL Tech, TCS, Tech Mahindra, NTPC, ITC, JSW Steel and Tata Steel helped the barometer scale a fresh high. Axis Bank fell the most by 1.26 per cent, M&M by 0.99 per cent and Hindustan Unilever by 0.67 per cent. Maruti, Bajaj Finserv, Bharti Airtel and HDFC Bank and Infosys also declined.
It also saw the suspension of 100 members in a span of four days for unruly conduct and a major security breach on the anniversary of the 2001 Parliament terror attack.
Vegetable traders in Bhopal are a worried lot. The recent death of a scientist in Delhi after consuming lauki (bottle gourd) juice has left residents of the Madhya Pradesh capital paranoid.
Petty traders and vegetable vendors on Saturday vandalised three of the five Reliance Fresh food outlets in Ranchi
Police registered an FIR against the army personnel involved in the incident.
Forward Market Commission's recent introduction of two rules to rein in highly volatile pepper market has come in for serious criticism from traders and farmers alike.
From the markets' perspective, a greater predictability of the RBI's intervention will give them a space to operate in.
Influenced by ads like 'Make money sitting at home', 'Make Rs 10 lakh with just Rs 1,000', to YouTube influencers promoting 'pump-and-dump' stocks, a vast majority of small investors who mushroomed during the COVID-19 period are losing money in reckless overtrading in the market, cautions Dr V K Vijaykumar, Chief Investment Strategist at Geojit Financial Services.
Close on the heels of truckers' strike, tea traders and producers across the country on Monday began their two-day nationwide agitation in protest against the proposed 12.5 per cent tax slab on tea under the value-added tax regime.
Though the markets falling under the posh A and B categories, which face a sure axe, remained closed, some of the major markets of the city like Sarojini Nagar, Cannaught Place and Janpath reopened, bringing back normalcy.
Among major Sensex movers, ITC rose the most by 1.70 per cent, Wipro by 1.43 per cent, Tech Mahindra by 1.36 per cent and Nestle India by 1.27 per cent. Other gainers included HCL Tech, Asian Paints and Reliance. On the other hand, ICICI Bank, NTPC, UltraTech Cement and Tata Steel traded with a loss of up to 0.82 per cent.
Jewellery traders said the exemption of branded jewellery from excise duty will have a marginal effect on the traders as only few customers buy\nbranded jewellery.
Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.
This is the third notice to Kejriwal, also the national convenor of the Aam Aadmi Party, after he refused to appear before the federal agency on two earlier summons for November 2 and December 21.
Urals and Sokol accounted for every 4 out of 5 barrels of Russian supplies to India last year.
Vegetable traders further pointed out with Pakistan remaining rigid on not lifting ban despite requests made by Pakistani traders, all the orders for the import of onion now stand cancelled.
The decision to allow 51 per cent foreign direct investments in multi-brand retail has been put on hold by the government following strong objections from the Opposition and key United Progressive Alliance allies Trinamool Congress and Dravida Munnetra Kazhagam.
He said the onion farmers need to get a good price for the crop and the affected farmers get compensation.
At least 2,00,000 traders encountered difficulties in August, September, and October since there was no editing facility in summary return filing.
As the raids were completed, the I-T team took two managers of the distillery located at Sutapada to an unknown location for interrogation, they said.
The market could consistently undervalue a certain kind of business.
A section of traders and hawkers today staged protests in various parts of the country against the government's decision on FDI policy in multi-brand retail, the Confederation of All India Traders (CAIT) said.
External Affairs Minister S M Krishna on Wednesday assured two Indian traders, trapped in a financial dispute with local businessmen in the commodity hub of Yiwu, that he would take up their case with his Chinese counterpart on Thursday.
The rupee fell on Monday on fears of foreign outflows after stronger-than-expected US jobs growth data cemented expectations of an early end to US stimulus measures.
"If you get employment, you will watch Reels for half an hour and work for 12 hours," the Congress leader said.
Turning out in huge numbers, traders and Bharatiya Janata Party activists staged a huge demonstration at Noida Mode intersection in East Delhi, creating a massive traffic jam.
After he failed to appear before the Enforcement Directorate, Chief Minister Arvind Kejriwal has been summoned for the fourth time in less than three months by the agency for questioning on January 18 in the Delhi excise policy-linked money laundering case, official sources said on Saturday.
The decision to go on strike comes as the Supreme Court-ordered sealing drive against trading activities in residential areas is set to resume from November 1.
If at all it was some great strategy, the delay has only helped the person they eventually arrested.
India has imposed several restrictions on imports of gold, the biggest non-essential import item, to curb a record trade deficit.
In 50 days, 60% of the work force was let off in retail, agri, textile and other sectors.
The National Stock Exchange (NSE) has withdrawn its decision to change the expiry day for Bank Nifty derivatives contracts from Thursday to Friday. The move follows a "request" from the BSE, which settles its Sensex and Bankex derivatives contracts on Friday. The proposed change in Bank Nifty settlement was scheduled to be effective from July 6 with the first weekly expiry on July 14.
To restrict onion exports and help cut prices in the domestic market, the government had gradually raised the MEP to $1,150 a tonne from $650 a tonne a few months earlier.
Two traders - Jindal Steel and Power Ltd and GMR Energy Ltd - have already surrendered their licences.
Dev Uthani Ekadashi will be observed on November 23, when voting for the 200-member Rajasthan assembly will also be held.
The advisory gave relevant phone numbers in case of emergency and also provided URLs for Israeli Home Front Command and Preparedness brochures.
Leaders and members of the Hindu community rue the fact that they are not given proper representation and many are not even registered as voters.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances