Bengal ration shops to continue potato sales till prices fall (Lead)
July 25th, 2012 - 6:09 pm ICT by IANS
Kolkata, July 25 (IANS) Prices of the humble potato, the common man's staple food, are likely to remain high till December, prompting the state government to continue selling the tuber ... Read more...
Posted in Business |
Potato to be sold through ration shops in Bengal
July 25th, 2012 - 3:05 pm ICT by IANS
Kolkata, July 25 (IANS) Prices of the humble potato, the common man's staple vegetable, are likely to remain high till December and will be sold through ration shops till prices ... Read more...
Posted in Business |
India eases overseas investment norms for commodity exchanges
April 10th, 2012 - 5:47 pm ICT by IANS
New Delhi, April 10 (IANS) Foreign institutional investors (FIIs) can now invest up to 23 percent in Indian commodity exchanges without government approval, the commerce and industry ministry said Tuesday.In ... Read more...
Posted in Business |
Centre’s nod to electronic warehouse receipts expected
March 2nd, 2012 - 10:13 pm ICT by IANS
Kolkata, March 2 (IANS) The Warehousing Development and Regulatory Authority (WDRA), which regulates warehouses in the country, Friday said it is hopeful of receiving the central government's nod to ... Read more...
Posted in Uncategorized |
Markets to hold special Diwali trading session Wednesday
October 25th, 2011 - 5:05 pm ICT by IANS
Mumbai, Oct 25 (IANS) Indian equities markets will hold a special 'muhurat' trading on Diwali evening Wednesday to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity.The trading ... Read more...
Posted in Business |
Futures trading in sugar to re-start in India Monday
December 26th, 2010 - 2:08 pm ICT by IANS
Mumbai, Dec 26 (IANS) Futures trading in sugar is set to resume Monday after the government's ban for 19 months, with the Forward Markets Commission (FCC) regulator giving its formal nod to ... Read more...
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Abu Dhabi workshop on monitoring commodity exchange
November 6th, 2010 - 11:25 pm ICT by IANS
Abu Dhabi, Nov 6 (IANS/WAM) The Department of Economic Development in Abu Dhabi will organize a workshop Sunday on the "mechanism for monitoring commodity exchanges".It will be held at the Fairmont Hotel, ... Read more...
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Markets to open for special ‘Muhurat’ trading on Diwali
November 4th, 2010 - 3:12 pm ICT by IANS
Mumbai, Nov 4 (IANS) The Bombay Stock Exchange (BSE) will hold a special Diwali trading session for an hour from 6 p.m. Friday to pay obeisance to Lakshmi -- the Hindu ... Read more...
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NCDEX to decide on raising additional equity this month
October 7th, 2010 - 8:22 pm ICT by IANS
Chennai, Oct 7 (IANS) The National Commodity and Derivatives Exchange (NCDEX) will take a final call on the mode for raising Rs.12.50 crore equity capital this month while it waits for approval ... Read more...
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Government paves way for commodity exchanges to launch options
September 16th, 2010 - 7:30 pm ICT by IANS
New Delhi, Sep 16 (IANS) The government Thursday approved changes to a bill which accords more autonomy and powers to the commodities markets regulator and allows commodity exchanges to launch options, a ... Read more...
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British prime minister calls Gaza ‘prison camp’
July 27th, 2010 - 9:39 pm ICT by IANS
Ankara/Istanbul, July 27 (DPA) British Prime Minister David Cameron described Gaza as a "prison camp" during a trip to Turkey Tuesday, in unusually outspoken comments that overshadowed a speech giving strong ... Read more...
Posted in Politics |
BJP seeks parliamentary probe in commodity exchange ’scam’
February 12th, 2010 - 9:35 pm ICT by IANS
Thiruvananthapuram, Feb 12 (IANS) Bharatiya Janata Party president Nitin Gadkari Friday demanded the immediate appointment of a joint parliamentary committee (JPC) probe into the "manipulative turnover" of Rs.4.5 lakh crore (Rs.4.5 ... Read more...
Posted in Business |
Gold loses lustre among Indian customers due to rising price
February 10th, 2010 - 6:35 pm ICT by ANI
New Delhi, Feb. 10 (ANI): Gold has lost its lustre among Indian customers due to its rising prices.International spot gold, which guides the domestic market, has continued its upwards trend in recent ... Read more...
Posted in Business |
BJP woos parties against government on price rise platform
February 8th, 2010 - 4:25 pm ICT by IANS
New Delhi, Feb 8 (IANS) Ahead of the budget session, the Bharatiya Janata Party (BJP) Monday said it will launch a nationwide stir and get opposition parties, including the Left, on ... Read more...
Posted in Business |
National Commodity Exchange mulls rights issue
December 12th, 2009 - 5:59 pm ICT by IANS
Chennai, Dec 12 (IANS) The National Commodity and Derivatives Exchange (NCDEX) is planning a Rs.30 crore rights issue to increase its equity base.
"We have to increase our equity capital by Rs.20 crore ... Read more...
Posted in Business |
Exchange of futures for physicals facility launched
December 1st, 2009 - 8:22 pm ICT by IANS
New Delhi, Dec 1 (IANS) Leading commodity exchange Multi Commodity Exchange (MCX) Tuesday launched India's first transaction facility to integrate the futures markets with the physical markets.
The facility, Exchange of Futures for ... Read more...
Posted in Business |
Markets to hold special Diwali trading session Saturday
October 14th, 2009 - 5:02 pm ICT by IANS
Mumbai, Oct 14 (IANS) The Bombay Stock Exchange (BSE) will hold a special Diwali trading session over 60 minutes from 6:15 p.m. Saturday to pay obeisance to Lakshmi -- the Hindu ... Read more...
Posted in Business |
Commodity exchanges get six months to cut foreign holding
September 30th, 2009 - 5:26 pm ICT by IANS
New Delhi, Sep 30 (IANS) Commodity exchanges in which foreign holding has exceeded permissible levels will get time till March to bring down the excess foreign holding, the government said Wednesday. The ... Read more...
Posted in Business |
India, Turkey can have economic strategic partnership: Sharma
September 8th, 2009 - 7:58 pm ICT by ANI
Ankara (Turkey), Sep.8 (ANI): India and Turkey can have strategic partnership for making inroads into third countries for trading goods, projects and investments, said visiting Indian Commerce and Industry Minister Anand Sharma. ... Read more...
Posted in World |
‘Land shortage cripples warehouse expansion plan’
November 4th, 2008 - 8:46 pm ICT by IANS
Kolkata, Nov 4 (IANS) One of the major hurdles in implementing the the Warehousing (Development and Regulation) Act-2007 that sought to build warehouses across the country to procure maximum agricultural produce, was ... Read more...
Posted in Uncategorized |
Commodity exchanges told to follow foreign investment norms
August 20th, 2008 - 4:51 pm ICT by IANS
New Delhi, Aug 20 (IANS) Commodity exchanges have to bring their foreign investment component to the prescribed level by June 30, 2009, the commerce ministry said Wednesday. The ministry also issued guidelines ... Read more...
Posted in Business |
Economic reforms: India Inc’s wish list
July 22nd, 2008 - 10:36 pm ICT by IANS
New Delhi, July 22 (IANS) Following are some of the key components of economic reforms which India Inc will now hope the United Progressive Alliance (UPA) will address, having won the trust ... Read more...
Posted in Business |
NCDEX to resume futures trade in four items in September
July 19th, 2008 - 10:03 pm ICT by IANS
Chennai, July 19 (IANS) The National Commodity and Derivatives Exchange Ltd (NCDEX) will resume futures trade in four banned items - soya oil, potato, channa and rubber - in September, said a ... Read more...
Posted in Business |
Multi Commodity Exchange launches Gujarati website
July 18th, 2008 - 7:57 pm ICT by IANS
Mumbai, July 18 (IANS) The Multi Commodity Exchange of India Ltd (MCX) Friday launched its Gujarati website here with a view to popularize commodity futures market among traders, investors and farmers in ... Read more...
Posted in Business |
Economic reforms: The unfinished agenda
July 8th, 2008 - 4:04 pm ICT by IANS
New Delhi, July 8 (IANS) Following are some of the key components of economic reforms, which the United Progressive Alliance (UPA) government was unable to push ahead, primarily because of opposition from ... Read more...
Posted in Business |
NCDEX hopes futures trading in potato, rubber resumes
May 28th, 2008 - 4:48 pm ICT by admin
Ahmedabad, May 28 (IANS) The National Commodity and Derivatives Exchange (NCDEX) hopes that futures trading in 'Chana', Soya oil, Rubber and Potato, which were banned early this month, will resume in September. ... Read more...
Posted in Business |
Groundnut oil price likely to go up in Gujarat
March 11th, 2008 - 9:21 pm ICT by admin
Rajkot (Gujarat), March 11 (IANS) A shortage of groundnut oil is anticipated during the next 45 days in Gujarat as Rabi output of groundnut is expected to arrive in the markets only ... Read more...
Posted in Business |
Service tax net expanding, new target Rs.644.6 billion
February 29th, 2008 - 4:50 pm ICT by admin
Chennai, Feb 29 (IANS) The service tax net in India has been expanding steadily. From tax revenue of Rs.8 billion in 1996-97 out of select services like telecom, insurance and others, the ... Read more...
Posted in Business |