NCDEX, Kotak Mahindra Bank pact to provide commodities loans

National Commodity & Derivatives Exchange Ltd (NCDEX) Tuesday announced its tie-up with Kotak Mahindra Bank to provide financing to the depositors of goods in warehouses approved by the exchange.

NCDEX launches new online platform 'Gold Now'

National Commodity and Derivatives Exchange (NCDEX) has launched a new national online platform for buying and selling gold.

NCDEX to launch gold futures contract today

The gold premium benchmark will be used for arriving at the settlement price of the futures contract.

NCDEX to launch gold futures contract tomorrow

Commodity bourse NCDEX will launch gold futures contract on Wednesday to provide a transparent and credible price benchmark to the domestic consumer.

NCDEX forward trade volume touches 8,000-tonnes mark in 6 months

Leading commodity bourse NCDEX today said it has achieved a remarkable success in the recently launched forwards segment with commodities trading volumes reaching almost 8,000 tonnes in last six months.

NCDEX ties up with DD Kisan to provide agri-price information

Besides providing data for price tickers, NCDEX will also provide news stories, expert analysis and feature stories to showcase the economic turnaround stories from hinterlands and rural India, NCDEX said in a statement.

NCDEX to bid for Agri-Tech Infrastructure Fund

The National Commodity and Derivatives Exchange (NCDEX) is planning to participate in the bidding process of Agri-Tech Infrastructure Fund (ATIF), which will be rolled out by the government to boost the agricultural marketing system.

NCDEX gets FMC nod to launch forward trade in 7 commodities

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

NCDEX launches international crude oil futures

Commodities and derivatives exchange NCDEX Friday introduced the country's first International Brent Crude Oil and Light Sweet Crude Oil futures contracts.

FMC restricts futures trading in potato to check prices

Currently, potato trading is active only on the commodity bourse MCX, while it is negligible on NCDEX.

NCDEX hikes transaction charges on agri-commodities

Leading agri-commodity bourse NCDEX has hiked transaction charges on agri-commodities effective this month, a move which experts say is aimed at improving the financial viability of the exchange that has taken a beating due to falling trade volumes.

Renuka Sugars sells 7.5 % stake in NCDEX for Rs 66.54 cr

Leading sugar firm Shree Renuka Sugars has raised Rs 66.54 crore by offloading 7.5 per cent stake in commodity exchange NCDEX to investors including NSE and IFFCO.

NCDEX launches internationally aligned sugar contracts

National Commodity and Derivatives Exchange (NCDEX) on friday launched sugar contract, which will be available for October onwards contracts and is aligned with the global market so that industry can protect itself from volatility in prices.

NCDEX Spot Exchange ties up with SBI for pledge finance

Under the agreement, customers, who want to avail pledge finance, have to deposit their goods in NSPoT-accredited warehouses.

NCDEX to bring in differential transaction charges from Feb 19

National Commodity & Derivatives Exchange will from tomorrow introduce differential transaction charges for commodities to make trading more cost effective.

Commexes turnover fall 59% during Jan 1-15

The turnover of 17 commodity bourses fell by 59 percent to Rs 2.82 lakh crore in the first fortnight of this month, with maximum decline in business seen at MCX, ACE and ICEX.

Jaypee gets FMC nod to sell 5.30% stake in NCDEX to Oman India

Brokerage firm Jaypee Capital Services Ltd has got permission from regulator FMC to sell its 5.30 percent stake in the agri-commodity exchange NCDEX to Oman India Joint Investment Fund.

Commexes turnover in first fortnight of Dec plunges by 60%

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.

NCDEX gets approval for launching cotton seed contracts

NCDEX has received approval for cotton seed contract from the Forward Markets Commission (FMC) and will be introducing the contracts on the exchange soon.

FMC gives bourses extra time to register warehouses with WDRA

It has also been decided that the exchanges can accredit new warehouses which have applied or apply for registration to WDRA by December 31, 2013, it said in a directive to bourses.