Page 10 - Rajesh Bhayani

Agri commodity derivatives space set to hot up as NSE forays, BSE expands

Stock exchanges BSE and NSE entered the commodity derivatives space last October and the initial expectation was that NSE would look at agri space after non-agri business stabilised

Sharp rally in resource commodities in 2019 on hopes of China demand

Price spurt gets support from dovish outlook by US Federal Reserve, other central banks pm monetary policy and hopes of US-China trade war resolving

Global diamond production to fall 33% as mining reserves dry up

In 2018, diamond production touched a near record high of 150 million carat

Lok Sabha polls 2019: Satta market bullish on NDA's return to power

Air strike after Pulwama terror attack has increased confidence

Govt calls meeting next week on mandatory hallmarking of gold jewellery

Ram Vilas Paswan will chair the meeting to discuss the order the government wants to notify before Lok Sabha elections are announced.

Good news for jewellery exporters as banks revise financing norms

In the year since the Nirav Modi fraud came to light, all banks having tightened their financing to the sector

Mumbai's old yarn: Textile market Mooljee Jaitha waits for a new thread

Mooljee Jaitha, Asia's largest textile market at which several industrialists began their careers, awaits a long-overdue redevelopment

Govt hikes sugar MSP by 7% to Rs 31 a kg; mills to get Rs 6,000-cr benefit

Announcement comes as relief for mills burdened by sugarcane arrears

Nickel, iron ore, steel lead rally as metals gather steam in second half

Pressure of domestic Aluminum and copper companies continues, may ease if prices rise sharply

Gold glitters, trades at record high in Mumbai on peak wedding demand

Bullion traders say the actual trades are still around Rs 33,600 per 10 gram.

Central banks bought highest amount of gold in 50 years in signs of turmoil

They bought 651 tonnes in 2018, or 15% of total gold sold globally, primarily because they see no let up in turbulence a decade after the last global economic crisis

Unified regulator for GIFT City, relaxations to woo AIFs on cards

A govt source said SEZ rules are designed mainly for manufacturing and so the first financial SEZ in India at GIFT IFSC is facing regulatory issues

Gold prices rise to Rs 33,000; demand takes a hit as traders move to silver

Price hike due to safe-haven buying; trend likely to continue

Gold demand falls as traders move to silver, imports seen subdued

The gold to silver ratio was around 85-86 during October-November. It fell to around 82-82 this month

Open interest in gold at 5-year high as traders expect prices to moderate

Even when the international gold prices moderated, the price in India remained high due to a fall in the rupee exchange rate and lower discounts

Mumbai Police's Economic Offences Wing fresh notices to 300 NSEL brokers

Police have done forensic and digital forensic audits of brokers who defaulted in August 2013

Shanghai Gold Exchange plans India entry, looks to open centre at GIFT City

If the plan materialises, it will be the first Chinese exchange to conduct business in India

Sharp increase of 30-35% in silver import as demand show vibrancy

Even import bill for silver has jumped almost 30% to $3.934 billion

Sebi issues draft norms for allowing futures in commodity indices

BSE and NSE will not immediately qualify for index futures going by the regulator's proposed criteria

We're giving MCX a stable cost base to ramp up profits: Mrugank Paranjape

In a Q&A with Business Standard, MD & CEO of the commodity bourse says he expects Sebi to allow trading in MFs, PMS and index-based derivatives this quarter