Sebi says procedural aspects of FMC merger being worked out

Last Updated: Friday, March 20, 2015, 14:28

Capital markets regulator Sebi on Friday said the proposed merger of commodities watchdog FMC with it is on track and it is coordinating with Finance Minister Arun Jaitley to ensure a smooth transition.

India's exports up 0.88% in Apr-Feb

Last Updated: Wednesday, March 18, 2015, 15:20

India's imports during April-February also went up by 0.70 percent to USD 411.80 billion, Sitharaman said.

Indian equities portfolio a strong performer at Dubai exchange

Last Updated: Wednesday, March 11, 2015, 15:56

Indian equities portfolio was a strong performer at the Dubai Gold & Commodities Exchange (DGCX), recording a growth of 22 percent from the previous year.

NSEL scam: court extends Rathi's police custody till March 13

Last Updated: Saturday, March 7, 2015, 20:41

The special court for MPID (Maharashtra Protection Of Interest Of Depositors) Act cases here Saturday extended the police custody of Amit Rathi, managing director of Anand Rathi Commodities, till March 13 in connection with the Rs 5,600-crore scam at National Spot Exchange Ltd.

Govt exempts another 38 agri items from commodity tax

Last Updated: Tuesday, February 17, 2015, 17:08

Government has exempted 38 more agriculture items from the ambit of the Commodity Transaction Tax (CTT), which was imposed in July 2013.

Glencore to spin off stake in platinum producer Lonmin

Last Updated: Wednesday, February 11, 2015, 16:06

Mining and commodities giant Glencore on Wednesday announced plans to unload its 23.9 percent stake in South African platinum producer Lonmin and distribute the shares to its own shareholders.

Bombay HC lifts stay to FTIL-NSEL merger

Last Updated: Wednesday, February 4, 2015, 22:35

The proposed merger of the crippled commodities spot exchange NSEL with its parent FTIL got a shot in the arm today with the Bombay High Court lifting the stay order it had passed last November, and asking the government to pass the final order.

Market sell-off continues amid global commodity rout

Last Updated: Wednesday, January 14, 2015, 20:26

Stocks continued their downtrend for the second straight day, led by key front-line heavyweights, amid gloomy overseas cues as the benchmark Nifty shed 22 points on the National Stock Exchange(NSE).

NCDEX gets FMC nod to launch forward trade in 7 commodities

Last Updated: Tuesday, January 6, 2015, 15:48

With this, the total number of agri-commodities available for forward trading has increased to 26 on NCDEX platform.

Modi-Rajan-Commodities trinity keeping India a favourite: Citi

Last Updated: Monday, December 22, 2014, 17:16

India remains a consensus favourite investment destination for US companies, largely on the back of a 'Modi-Rajan-Commodities trinity', global financial major Citigroup said in a report Monday.

Commodity trading turnover halves to Rs 65-trillion in 2014

Last Updated: Thursday, December 18, 2014, 14:20

Grappling with its biggest ever scam running into Rs 5,600 crore, it appears to be a journey down the hill for the commodity markets with total exchange traded turnover halving to almost Rs 65 lakh crore in 2014.

MCX-SX issues shares to new investors; meets Sebi conditions

Last Updated: Tuesday, December 9, 2014, 19:54

To comply with the conditions imposed by Sebi, MCX-SX Tuesday issued shares to 12 new investors, including Rakesh Jhunjhunwala, following which the erstwhile promoter FTIL will completely exit from the bourse.