india-commodity-market - Latest News on india-commodity-market | Read Breaking News on Zee News

NSEL's e-series contracts banned; trading comes to halt

Last Updated: Tuesday, August 06, 2013, 12:51

usiness came to a halt at the crisis-ridden National Spot Exchange Ltd (NSEL) Tuesday after the government banned trade of its e-series contracts of commodities such as gold and silver to ensure that the exchange first settles Rs 5,600 crore in dues to investors.

NSEL forms panel; to prepare payment plan by Aug 14

Last Updated: Monday, August 05, 2013, 15:13

The National Spot Exchange Ltd (NSEL), which faces a risk of default after suspending trade, on Monday, said it has formed an independent committee to advise and monitor settlement of trade amounting to about Rs 5,500 crore.

FCRA Bill could be passed in Budget session: Thomas

Last Updated: Friday, February 15, 2013, 17:47

A Bill to develop the commodities futures market could be passed in the forthcoming Budget session of Parliament, Food and Consumer Affairs Minister K V Thomas said here on Friday.