Page 9 - Rajesh Bhayani

Futures in commodity indices likely by FY20 end, with MCX as first mover

Rival NCDEX is in the process of finalising a partner for indices management.

India's pulses import estimated to fall record low of one million tonne

India consumes around 24-25 million tonnes of pulses, but sowing trends show this year production is expected to be lower compared to last year

Govt changes import duty valuation for gold and silver after Budget

New method aims to plug loophole that allowed importers to pay a lower duty.

Budget 2019 extends tax holiday for Gujarat's GIFT City to 10 years

International finance services hub to get single regulator, says Finance Minister

Gold enters long-term bull market but analysts urge short-term caution

Experts are now eyeing the Trump-Xi meeting on Saturday; if a deal to end the trade war is struck, gold could shed $100 quickly. But if things worsen it could move by as much as $200

Gems and jewellery exports plummet in May due to trade war, money crunch

Tough customs scrutiny on rough diamond imports, US-China trade spat among other reasons for the decline

Farm commodity prices soften on monsoon hopes, cereals lead fall

Several items subdued due to a severe cash crunch that forced farmers and traders to sell their stocks after posting recent gains

Rising heat, drought in Maharashtra and southern India may hit onion prices

The fear of price rise gained momentum after reports surfaced that the NAFED procured 50,000 tonnes of onion this season

Retail customers can save big on forex costs soon, thanks to the RBI

For now, the facility will be available only for dollars, but more currencies will be introduced later

NITI Aayog comes up with new policy to ensure MSP, tackle farm distress

NITI Aayog has been working on an action plan to relieve rural distress and energise the agricultural sector

Second phase of gold reforms on govt's priority list, revamped GMS on cards

The government is also considering making gold as an asset class, a source said

NCDEX plans IPO to provide exit option to early investors, raise capital

Apart from NSE, the largest shareholder with 15% stake, there are other investors who have been holding stakes since 2003. Some of them now want to flog their stakes

Importers protest recent circular from Customs office on rough diamonds

Last year, India imported rough diamonds worth $19 billion

In a first, Maharashtra proposes single-window registration of land titles

State's move is seen as a pilot for a national rollout of online land title records. Maharashtra plans to start the system in Mumbai

Satta market Lok Sabha poll verdict: BJP to get 244-247; 80 for Congress

Bookies said there were also cases where some candidates had placed bets on rival candidates as a hedge in case they lost

US jury's $2 bn award against Roundup unlikely to hurt India glyphosate biz

US jury awards largest compensation of $2 billion, no immediate impact seen on India's Rs 750 crore market with 90 players, say industry experts

MSEI, ICEX initiate merger talks; Sebi may give nod to move, say sources

Both deny any such immediate plan even as sources say Sebi is likely to give nod to the move

Foreign retail investors, NRIs allowed to invest in GIFT City bourses

IFSC business set to multiply with these investments: Experts

India's love for gold stagnates; it's time to take cue from China

Most of the jewellery in China is 24-carat gold, as opposed to India, where it's 22 carat

Hindustan Zinc becomes ninth-largest silver producer in the world

Also, India has become the 12th largest silver producer in the world, from last year's position of 13