Potato production falls by 2.3% in wake of untimely rains

Last Updated: Saturday, November 29, 2014, 01:22

The all India production of potato during 2013-14 has decreased by 2.3 percent in comparison to 2012-13, as per the provisional estimates provided by the states.

Deutsche Bank announces exit from gold, silver price-fixing

Last Updated: Friday, January 17, 2014, 19:02

Deutsche Bank, Germany`s biggest lender, said on Friday it is pulling out of the process for the daily fixing of gold and silver prices.

Commexes turnover in first fortnight of Dec plunges by 60%

Last Updated: Friday, December 27, 2013, 18:39

Turnover of the commodity exchanges fell by 60 percent to Rs 2.77 lakh crore in the first fortnight of December due to sharp drop in trading volumes in most commodities.

Sebi, CERC likely to take a call on Shah, FTIL

Last Updated: Thursday, December 19, 2013, 18:58

FMC, the regulator for commodities market, has ruled that Shah and his flagship firm FTIL are not "fit and proper" to run any exchange amid the continuing NSEL payment crisis.

Deutsche Bank quits commodities trading business

Last Updated: Friday, December 6, 2013, 09:54

The move comes as the financial sector`s role in commodity trading has been squeezed by lower margins, higher capital requirements and growing political and regulatory scrutiny.

Crew of detained US ship moves Madras HC seeking bail

Last Updated: Saturday, November 30, 2013, 16:20

The crew of detained US ship, arrested on October 18 for illegally carrying arms and straying into Indian waters, have moved the Madras High Court seeking bail claiming they were "lured into Tuticorin port by treachery" and they were innocent.

Bank credit to sensitive sectors nearly doubles: RBI

Last Updated: Thursday, November 21, 2013, 20:40

The Reserve Bank on Thursday said bank credit to the sensitive sectors almost doubled to Rs 10,20,600 crore in 2012-13, primarily due to credit to the real estate sector.

NCDEX improving warehousing infra,to start steel long contract

Last Updated: Sunday, September 29, 2013, 00:35

The National Commodities & Derivatives Exchange Ltd (NCDEX) today said it was adding new non-agri commodities in its portfolio and strengthening warehousing infrastructure as part of the growth strategy.

Financial Tech slumps; auditor says 2013 audit shouldn't be relied upon

Last Updated: Wednesday, September 25, 2013, 10:34

Financial Technologies shares down 6.9 percent at early trade.

Govt hopes onion prices would ease in a week

Last Updated: Friday, September 20, 2013, 15:57

Ruling out the possibility of declaring onion as an essential item, the government on Friday said its prices would ease in a week's time on improvement in the demand and supply situation.

Govt may consider Sebi-like regulations for commodities market

Last Updated: Thursday, September 19, 2013, 14:01

The government may consider streamlining the norms for commodities and capital markets, regulated by FMC and Sebi, respectively, to plug potential regulatory gaps.