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MCX attains highest market share since Oct 2013

Last Updated: Monday, August 18, 2014, 15:14

The bourse, meanwhile, maintained its market share in non- agricultural commodities above 99 percent since Q2 2013-14.

MCX Gold Aug 2014 contract sees highest delivery of 1,100 kg

Last Updated: Wednesday, August 06, 2014, 20:17

Multi Commodity Exchange of India Ltd (MCX) on Wednesday said it has witnessed highest delivery of 1,100 kg in the MCX Gold August 2014 contract over the last one year.

Commexes' Q1 turnover dips 65%: FMC

Last Updated: Tuesday, July 15, 2014, 13:39

The turnover of commodity exchanges fell sharply by 65 percent to Rs 14.55 lakh crore in the first quarter of this fiscal due to poor volumes in most commodities, the Forward Markets Commission (FMC) said.

NCDEX hikes transaction charges on agri-commodities

Last Updated: Tuesday, June 03, 2014, 12:58

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.

Commexes turnover fall 59% during Jan 1-15

Last Updated: Friday, January 24, 2014, 22:01

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.

Commexes' turnover dips by 42% due to CTT in July 1-15

Last Updated: Sunday, August 04, 2013, 16:21

The turnover of these commodity bourses stood at Rs 7,08,342 crore during the June 16-30 period, the immediate fortnight before the introduction of CTT.

Industry seeks CTT exemption on veg oils

Last Updated: Monday, July 22, 2013, 18:13

Vegetable oil industry body SEA has sought that the government keep processed agri-items, especially soybean oil, palm oil and castor oil, out of the ambit of commodity transaction tax (CTT).

NCDEX to seek scrapping of CTT on processed foods

Last Updated: Wednesday, July 03, 2013, 15:44

Leading agri-commodity exchange NCDEX will soon approach the Finance Ministry seeking abolition of the commodity transaction tax (CTT) on processed food items such as coffee, guar gum and sugar, a top official said on Wednesday.

CTT hits turnover of MCX, NCDEX by up to 50% on first day

Last Updated: Tuesday, July 02, 2013, 20:17

CTT of 0.01 percent has been made effective from July 1 on the futures trading of non-agri commodities and processed foods.

NCDEX hails CTT notifications; sees limited impact on it

Last Updated: Thursday, June 20, 2013, 20:45

NCDEX, the country's leading agri-commodity exchange, Thursday welcomed the notification on Commodity Transaction Tax (CTT) saying the levy would have a limited impact on the bourse as 23 farm items have been exempted from this tax.

FinMin to notify CTT soon; processed food may attract tax

Last Updated: Wednesday, June 19, 2013, 21:42

Finance Ministry will soon notify the Commodity Transaction Tax (CTT) on non-agricultural items like gold and silver and is likely to bring some processed food items under the tax ambit.

MCX to make representation before FMC on CTT

Last Updated: Friday, March 15, 2013, 22:53

Commodity exchange MCX Friday said it will make representation to various authorities including market regulator FMC to reconsider imposition of commodity transaction tax (CTT) on non-agri items in Budget.