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NCDEX halts new guar future contracts
The National Commodity & Derivatives Exchange (NCDEX), India's second-largest commodity exchange, has postponed fresh launch of futures contracts in guar seed and gum. After the expiry of the last contract on January 20, the exchange was scheduled to launch the new contract on February 1 for expiry in August. Traders, however, can take position and square off them in existing contracts expiring in

Air Force may get 126 Rafale fighter planes

The Rafale fighter aircraft built by France’s Dassault Aviation has emerged the lowest bidder in the contest to sell the Indian Air Force (IAF) 126 medium multi-role combat aircraft.

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HP poised to bag India Post`s IT contract

Global IT major HP is understood to be in the last leg of lapping up the largest of the eight contracts under the India Post IT modernisation programme. The deal is estimated to be in excess of Rs

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FMC brings spot exchanges partially under its supervision...
The Forward Markets Commission (FMC) has brought spot exchanges partially under its supervision through a periodic reporting system.

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Banks may get to hedge in commodity futures
In what could be a game-changing move, banks may be allowed to hedge their risks in the commodity futures market.

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M J Antony: Bureaucrats as arbitrators

Arbitration clauses buried in bulky commercial contracts often carry the hidden virus of litigation, as seen in the number of disputes reaching the Supreme Court in recent times. The new

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