MCA cancels NSE’s voting right of excess shares too. The ministry of consumer affairs (MCA) has decided in principle to grant six more months to both Multi Commodity Exchange (MCX) and the National Multi Commodity Exchange (NMCE) for complying with the ownership guidelines issued in 2009. It has also cancelled the voting rights of excess shares held by the National Stock Exchange (NSE) in case
Delivery default in the recently-ended steel billet October contract on the National Commodity & Derivatives Exchange (NCDEX) is turning into a controversy. The exchange has sought two-three
Traders anticipate prices to fall as new arrivals start from November.
Amid anticipation of bumper castor crop in 2012, traders fear a sustained bearish sentiment in castor seed prices for next three-four months. Experts maintained that castor prices may stay lower
India is expected to have a bumper turmeric output this kharif season. Farmers increased area under sowing for the spice as they received higher returns for the produce last year.This year, the
Chana futures have seen a huge volatility in the last two weeks. After commodity futures market regulator, the Forward Markets Commission (FMC), imposed a 10 per cent margin on buy-side trades
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