Page 12 - Rajesh Bhayani

Prices, goods and services tax mar gold buying ahead of Akshaya Tritiya

The reasons for this are manifold: Gold prices this year are higher than last year, and the goods and services tax (GST) is an additional burden for consumers

Post merger, the name will simply be Bayer as 'Monsanto' becomes history

Will make open offer to acquire shares in India

Disaster recovery sites of exchanges under focus as NCDEX volumes fall

NCDEX has been trading on DR site for almost two weeks now; with volumes down, other exchanges are rechecking their own DR sites

Pradip Shah's Grow Trees is notably increasing India's forest cover

At the organisation, projects are tailored around real-life environmental problems

Gold, metals see quick rebound after US Fed increases policy rates by 0.25%

Standard gold in Mumbai was up 0.7% to close at Rs 30,525 per 10g

Sebi liberalises spread margin benefit in commodity futures contracts

Currently, margin benefit of 75 per cent in initial margins is given in spread trading

MCX plans spot commodity trading in industrial & precious metals and energy

Move will be a major development following Sebi's go-ahead to equity and commodity bourses to enter each other's domains

80:20 gold scheme: The RBI circular that benefitted a few private parties

The circular was issued in last days of the UPA government and a few days before the Narendra Modi-led NDA government took office

Indian Sugar Mills Association sees sugar output rising to 29.5 mt

UP, Maharashtra could produce over 10 million tonnes each this season

Can govt's plan to use blockchain choke Nirav Modi-style bank frauds?

The tech is useful in digitising land records, can be applied to infra, farm sector, education, finance; but there are many hurdles in implementing it

80:20 gold import scheme: The fire behind the smoke in UPA's policy

The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing

Budget 2018 Gold policy: Spot exchange on cards, GMS to be revamped

However, FM offers no clarity on whether deposits under GMS will be cash equivalents or physical gold

Budget 2018: Government to use blockchain for digital economy

There are over 4 million users of cryptocurrencies in India

BSE to take on rivals in commodity derivatives with lowest transaction fee

Exchange leaning heavily on superior technology to make a dent in the segment before universal exchange becomes a reality

Gold price likely to peak at $1,500 per ounce by year-end, says GFMS

The gold survey also said the year 2017 had seen a good demand for the yellow metal by central banks

10 years of stability shows gold is best hedge against risks in equities

A weaker dollar, stretched valuations in stocks and declining crypto currencies could induce volatility in gold, going forward

Combined sugarcane payment arrears to farmers hit all-time high in December

Last week, the National Federation of Cooperative Sugar Factories (NFCSF) proposed the government create a buffer stock of two mt

NCDEX proposes delivery-based metals contracts to capture Indian prices

NCDEX is also considering location-spread contracts for agri commodities

Cargill to broaden India portfolio, invest Rs 15 bn in coming years

Cargill has set up a storage facility for grains and oilseeds in Karnataka and a part of its future investments will go towards expanding the company's storage capacity

After 9 years and a $250 bn market cap, Bitcoin still awaits legal status

Bitcoin has had global central banks so worried that several are now mulling regulating the currency, legalising it, or evolving their own crypto currencies