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India watchful of Iraq crisis, no need to panic: Mayaram

Last Updated: Saturday, June 14, 2014, 13:12

The government is cautious about the crisis in Iraq, which is the second-largest oil supplier after Saudi Arabia.

Goldman puts Metro metals warehousing unit up for sale

Last Updated: Wednesday, May 21, 2014, 00:53

Goldman Sachs has begun a formal process to sell the metals warehousing business it purchased four years ago, a spokesman said on Tuesday, disclosing the first definitive effort to shed the operation amid regulatory and political pressure.

FMC not to approve new contracts for trading on MCX

Last Updated: Friday, May 09, 2014, 22:00

Commodity markets regulator FMC has decided not to approve new contracts for futures trading at MCX till the bourse ensures its promoter FTIL pares its stake to 2 percent from the existing 26 percent.

Record foodgrain output likely in 2013-14

Last Updated: Thursday, February 06, 2014, 19:27

Foodgrain production in the country is expected to touch record level this year on the back of expected bumper crop in wheat and rice, Minister of State for Agriculture Tariq Anwar said on Thursday.

FMC asks investors to live with CTT; proposes reforms

Last Updated: Thursday, February 06, 2014, 16:18

Amid sharp fall in trade volumes after imposition of CTT, commodity markets regulator FMC today said there is no thinking on reversing this tax, but several reforms are being considered to encourage participation.

FMC to soon take a call on e-series payments

Last Updated: Thursday, February 06, 2014, 14:41

Commodity markets regulator FMC on Thursday said it will soon take a call on allowing investors to realise their funds in e-series contracts that were offered on the crisis-hit NSEL.

Oil market strikes eight-month low

Last Updated: Saturday, January 11, 2014, 00:09

Global oil prices sank this week to an eight-month low in New York on high US crude and product stockpiles that indicated supplies continue to outpace demand.

Commexes' turnover dips by 25% in H1 of FY'14

Last Updated: Thursday, October 10, 2013, 14:59

Combined turnover of commodity exchanges fell by 25 percent to Rs 65.68 lakh crore in the first six months of 2013-14.

FMC allows NCDEX to offer additional guarseed contracts

Last Updated: Tuesday, September 03, 2013, 14:55

Commodity markets regulator FMC has permitted NCDEX to offer futures trading in additional guarseed contracts that are to expire next year.

India calls for improving world commodity markets regulation

Last Updated: Saturday, November 03, 2012, 00:16

In the wake of high food prices and challenges in ensuring food security to the poor around the world, India has called for concerted efforts in improving global commodity markets regulation to check excessive speculation and volatility.

Markets closed today for Ganesh Chaturthi

Last Updated: Wednesday, September 19, 2012, 10:11

The BSE, National Stock Exchange (NSE), Forex as well as MCX and NCDEX will remain closed on Wednesday for 'Ganesh Chaturthi'.

FMC not to allow launch of Aug'13 soyabean/soyameal contract

Last Updated: Tuesday, August 21, 2012, 14:16

In order to curb excessive price volatility in lean months, commodity markets regulator FMC has decided not to permit launch of the August 2013 contract in soyabean and soyameal futures trade.