New Delhi : The Securities and Exchange Board of India (SEBI) on Friday allowed mutual funds (MFs) and portfolio managers to invest in commodity derivatives to strengthen the market offerings and attract more players. “The Board deliberated and approved the ...
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Feed SubscriptionAustralia, Brazil launch WTO action against India
Canberra : Australia and Brazil have decided to escalate a trade dispute with India over sugar subsidies before the World Trade Organisation (WTO), Canberra said. Trade Minister Simon Birmingham announced this late Wednesday after it was decided that subsidies paid ...
Read More »Stocks of Motilal Oswal, IIFL fall over SEBI’s bar on commodity trading
Mumbai : A day after market regulator SEBI declared the commodity broking arms of Motilal Oswal and India Infoline (IIFL) as not “fit and proper” in the NSEL case, the scrip price of both the companies fell up to 5 ...
Read More »India’s January wholesale inflation eases to 2.76%
New Delhi : India’s annual rate of inflation based on wholesale prices eased to 2.76 per cent in January 2019 from 3.02 per cent reported for the corresponding month of 2018. —IANS
Read More »Need to move to responsible pricing in crude, balance interests: Modi
Greater Noida : Prime Minister Narendra Modi on Monday said that the world has seen crude prices on a roller-coaster ride for too long and there was a need to move to responsible pricing which balances the interests of both ...
Read More »Tea planters target higher export target, want incentives for full leaf tea production
By Bappaditya Chatterjee, Kolkata : Targetting 300 million kg of exports by 2020, tea planters have told the government that the key to this lies in incentivising production of orthodox (full leaf) tea and boosting the Merchandise Exports from India ...
Read More »Feb 1 cut-off date to determine land ownership under PM Kisan scheme
New Delhi : The Union government has made February 1 the cut-off date for the determination of ownership of land under the newly-announced PM KISAN scheme and any changes thereafter will not be considered for eligibility of the benefit to ...
Read More »Kuwait to host fifth GCC Strategic Energy Forum next Tuesday
Kuwait : Kuwait Petroleum Corporation (KPC) announced Sunday that it will host the fifth Annual Strategic Energy Forum for the Gulf Cooperation Council (GCC) countries, with the participation of 250 to 300 specialists representing international petroleum companies. KPC said in ...
Read More »Government devises mechanism to check farmers’ exploitation by custom hiring centres
By Saurabh Katkurwar, New Delhi : The revelation that many Custom Hiring Centres (CHC) are not transferring to farmers in north India the benefits of the subsidy on renting agricultural machinery to avoid burning of post-harvest stubble has forced the ...
Read More »Gold jewellery demand growth projected at 6%-7%: ICRA
Kolkata : Despite subdued demand for gold jewellery during the current fiscal, the outlook for the retail industry of jewellery made of the yellow metal remained positive, and over the medium to long term the gold jewellery demand growth is ...
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