futures trading

Mamata blames centre, forward trading for price rise


July 2nd, 2012 - 7:39 pm ICT by IANS
Kolkata, July 2 (IANS) West Bengal Chief Minister Mamata Banerjee Monday blamed the union government's policy of allowing forward trading in agricultural commodities as one of the reasons behind ... Read more...

Posted in Business |

Government probing speculation in agri commodities


April 13th, 2012 - 10:03 pm ICT by IANS
New Delhi, April 13 (IANS) Concerned over excessive speculation leading to price fluctuation of some essential commodities being traded at the Forward Markets Commission recently, the government Friday said it ... Read more...

Posted in Business |

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 |

Curb inflation or ‘go’, opposition slams government (Roundup)


August 3rd, 2011 - 10:26 pm ICT by IANS
New Delhi, Aug 3 (IANS) Opposition parties led by the Bharatiya Janata Party (BJP) Wednesday tore into the government over the issue of spiralling prices, saying corruption was the ... Read more...

Posted in Politics |

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...

Posted in Business |

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...

Posted in Business |

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...

Posted in Business |

Centre to consider lifting ban on sugar futures : Pawar


August 19th, 2010 - 2:27 pm ICT by ANI
New Delhi, Aug 19 (ANI): Union Agriculture Minister Sharad Pawar on Thursday said the Central Government will consider lifting the ban on sugar futures trading in the first week of September, after ... Read more...

Posted in National |

Stop futures trading in food to control prices: Tripura government


June 11th, 2010 - 8:13 pm ICT by IANS
Agartala, June 11 (IANS) The Communist Party of India-Marxist (CPI-M) led Left Front government in Tripura Friday urged the central government stop futures trading in food commodities to control the rising prices ... Read more...

Posted in Business |

Food prices will start falling in 2 months: Rangarajan


March 12th, 2010 - 9:39 pm ICT by IANS
Kolkata, March 12 (IANS) The spiralling food inflation, which has become the biggest concern of people in the country, would start declining in two months after the winter crops come into the ... Read more...

Posted in Business |

Industry wants government to frame rules for Warehousing Act


December 14th, 2009 - 8:17 pm ICT by IANS
Chennai, Dec 14 (IANS) Industry officials are unhappy with the government's "lethargic attitude" in framing the rules for the Warehousing Act, which they claim is starving farmers and traders of the much-needed ... Read more...

Posted in Business |

Buddhadeb slams UPA on price rise, privatisation


December 9th, 2009 - 9:45 pm ICT by IANS
Kolkata, Dec 9 (IANS) West Bengal Chief Minister Buddhadeb Bhattacharjee Wednesday slammed the United Progressive Alliance (UPA) government for failing to control rising prices of essentials and its pro-privatisation policies. "The central government ... Read more...

Posted in Business |

Highlights of central bank’s monetary policy review


October 27th, 2009 - 1:50 pm ICT by IANS
Mumbai, Oct 27 (IANS) Following are the highlights of the half-yearly review of India's monetary policy for 2009-10, conducted by Reserve Bank Governor D. Subbarao: - Statutory liquidity ratio hiked to 25 percent ... 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 |

Maran pushes for 22 percent hike in minimum jute price


October 7th, 2009 - 4:54 pm ICT by IANS
Kolkata, Oct 7 (IANS) In a bid to encourage jute production, Textiles Minister Dayanidhi Maran Wednesday pushed for hiking the minimum support price paid for the golden fibre by Rs.300 per quintal, ... Read more...

Posted in Business |

Ban futures trading to stem price rise, says CPI-M


September 24th, 2009 - 10:02 pm ICT by IANS
New Delhi, Sep 24 (IANS) The government must immediately ban futures trading in all essential commodities to control the "relentless rise" in their prices, the Communist Party of India-Marxist (CPI-M) has demanded. "This ... Read more...

Posted in Business |

Drought an important factor in food price rise: Expert


September 14th, 2009 - 8:58 pm ICT by IANS
Kolkata, Sep 14 (IANS) The principal cause for the price rise of essentials is not futures trading of agricultural commodities like food grains, but the drought in large parts of the country, ... Read more...

Posted in Business |

Commodity futures do affect spot prices: Unctad


September 7th, 2009 - 8:28 pm ICT by IANS
Mumbai, Sep 7 (IANS) In sharp variance to the findings of an expert panel set up by India, a UN agency says futures trading in commodities affects spot prices of physical markets ... Read more...

Posted in Business |

MCX-SX currency futures turnover rises tenfold


August 1st, 2009 - 7:02 pm ICT by IANS
Kolkata, Aug 1 (IANS) The MCX Stock Exchange (MCX-SX), which started currency futures trading in October, has seen its daily turnover rising more than tenfold to Rs.3,838 crore in July, a top ... Read more...

Posted in Business |

As people despair, government explains high food prices


July 28th, 2009 - 9:01 pm ICT by IANS
New Delhi, July 28 (IANS) As prices of fruits, vegetables and lentils across the country soar, the government Tuesday said the rise in food prices was primarily due to higher remuneration to ... Read more...

Posted in Business |

Economic Survey calls for banking, market liberalisation


July 2nd, 2009 - 5:45 pm ICT by IANS
New Delhi, July 2 (IANS) The Economic Survey for 2008-09 tabled Thursday has called for banking and financial market reforms, including increasing foreign investment in banks in a phased manner and lifting ... Read more...

Posted in Business |

Rising prices make Congress’ ‘Jai Ho’ hollow: Brinda Karat


March 23rd, 2009 - 8:18 pm ICT by IANS
New Delhi, March 23 (IANS) The ruling Congress's "Jai Ho" slogan sounds hollow as food prices have risen sharply as compared to the last year, Communist Party of India-Marxist (CPI-M) politburo member ... Read more...

Posted in Politics |

Ban on future trading on rice, wheat to be lifted


December 12th, 2008 - 6:14 pm ICT by IANS
Kolkata, Dec 12 (IANS) The ban on futures trading of rice, wheat, tur and urad will soon be lifted, a senior official of the commodity market regulator said here Friday."Futures trading on ... Read more...

Posted in Uncategorized |

ICICI Direct launches futures trading for Gulf Indians


October 6th, 2008 - 7:26 pm ICT by IANS
Dubai, Oct 6 (IANS) With an eye to the vast expatriate Indian population in the Gulf, ICICI Direct, the online trading platform of India's ICICI Securities, has launched its online futures and ... Read more...

Posted in Uncategorized |

Norms for currency futures likely to be relaxed


October 1st, 2008 - 7:11 pm ICT by IANS
Mumbai, Oct 1 (IANS) Market regulator Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) are in discussions to relax norms in the currency trading segment, said ... Read more...

Posted in Business |

Reliance Money picks up stake in commodity exchange


September 30th, 2008 - 8:43 pm ICT by IANS
Mumbai, Sep 30 (IANS) Anil Dhirubhai Ambani Group (ADAG) has become the first large business group to enter the commodity space by acquiring a 10 percent stake in the Ahmedabad-based National Multi-Commodity ... Read more...

Posted in Business |

Currency futures to bring India closer to global trends


August 29th, 2008 - 8:06 pm ICT by IANS
New Delhi, Aug 29 (IANS) Currency futures trading will help bring Indian forex markets more in line with global trends, says a note prepared by MF Global, a US-based broker for exchange-traded ... Read more...

Posted in Uncategorized |

India to retain curb on rice exports as well as futures


August 4th, 2008 - 4:09 pm ICT by IANS
New Delhi, Aug 4 (IANS) The government plans to extend the ban on futures trading in soy oil, rubber, chickpea and potato when it expires next month, and is expected to retain ... 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 |

Spinning mills restive over spiralling cotton price


June 18th, 2008 - 10:19 pm ICT by IANS
Ahmedabad, June 18 (IANS) Cotton spinning mills in Gujarat are planning to observe a day's closure in protest against spiralling cotton prices and the government's failure to mitigate its difficulties. Sunil Jain, ... 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 |

Dubai commodities exchange to launch Brent Crude futures trading


May 21st, 2008 - 3:47 pm ICT by admin
Dubai, May 21 (IANS) Dubai Gold and Commodities Exchange (DGCX), Middle East's leading derivatives exchange, has announced the launch of West Texas Intermediate Light Sweet Crude (DWTI) and Brent Crude oil (DBRC) ... Read more...

Posted in Business |

CPI submits petition to parliament against inflation


May 13th, 2008 - 12:34 am ICT by admin
New Delhi, May 12 (IANS) Mounting pressure on the government over rising prices, the Communist Party of India (CPI) Monday submitted a 'petition' to parliament and warned the UPA government of "serious ... Read more...

Posted in Politics |

No futures trading ban on any more farm products


May 12th, 2008 - 3:32 pm ICT by admin
New Delhi, May 12 (IANS) The government is not planning to ban futures trading in more agricultural commodities, Agriculture Minister Sharad Pawar said here Monday. Last week, the government had banned futures ... Read more...

Posted in Business |

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