Vedanta Aluminium plans restructuring; stops ramp ups at plant

Last Updated: Friday, July 31, 2015, 17:57

Mining conglomerate Vedanta Resources on Friday said it is planning to restructure high-cost operations in aluminium segment and has suspended ramp-up at its plant due to volatile commodity market.

Silver futures down 0.27% on global cues

Last Updated: Monday, June 15, 2015, 12:56

In futures trading at Multi Commodity Exchange, silver for delivery in September month fell by Rs 100, or 0.27 percent to Rs 37,185 per kg in business turnover of 20 lots.

UrbanClap launched in Bengaluru

Last Updated: Wednesday, June 3, 2015, 11:39

"We started UrbanClap inspired by the immense potential that the highly unorganized services market in India holds. After our success in the capital, Bengaluru is our next city of choice for launch," said Varun Khaitan, co-founder and director, UrbanClap.com

FMC issues norm to protect members/clients in suspended bourse

Last Updated: Thursday, May 21, 2015, 23:30

Commodity market regulator FMC has come out with fresh norms to protect the interest of members and clients of the exchanges which have suspended their trading operations.

FMC nods appointment of 2 independent directors on MCX board

Last Updated: Tuesday, May 19, 2015, 23:04

Commodity markets regulator FMC Tuesday approved the appointment of Arun Nanda and S K Mitra as independent directors on the board of MCX.

Reliance, Axis MFs get nod to raise stake in MCX upto 5%

Last Updated: Thursday, February 26, 2015, 19:24

Commodity market regulator FMC has allowed Reliance and Axis mutual funds to increase their stake in Multi-Commodity Exchange (MCX) to up to 5 percent each.

ArcelorMittal, Tata Steel to start hedging iron ore: Sources

Last Updated: Friday, December 12, 2014, 17:59

Top steelmakers ArcelorMittal and Tata Steel are dipping their toes into iron ore derivatives, marking a crucial milestone in developing trade for the world`s second-largest commodity after oil.

Gold still vulnerable to FED tapering

Last Updated: Tuesday, January 14, 2014, 20:04

Markets have, however, discounted the beginnings of a policy shift on the part of the Fed, but we have to see the reaction when actual impact will be seen.

2014 Outlook: Global economic recovery to cheer commodity market

Last Updated: Thursday, January 2, 2014, 19:59

Better global economy growth may lift demand of metals & crude oil.

NSEL scam derailed commodity market in 2013

Last Updated: Wednesday, December 25, 2013, 12:32

Commodity futures market's dream run came to a halt in 2013 as a Rs 5,600 crore scam in Jignesh Shah-led spot exchange NSEL and imposition of transaction tax on non-farm items hampered the growth of business, with turnover estimated to dip by 30 percent to Rs 125 lakh crore.

FMC removes additional 5% margin on gold trading

Last Updated: Tuesday, November 5, 2013, 18:58

Commodity market regulator FMC Tuesday removed an additional 5 percent margin on the future contracts of gold and silver due to less volatility in prices of these commodities.

FMC slaps additional 5% margin on base metals; may hit traders

Last Updated: Sunday, September 8, 2013, 17:50

Commodity market regulator FMC has imposed an additional margin of five percent on base metals trading in futures, to tackle volatility in the market.