New Delhi : The National Commodity and Derivatives Exchange Ltd (NCDEX) on Sunday unveiled India’s first agri-commodity options in guar seed designed as a hedge for farmers to safeguard against price risks. The agri-options trading has been launched here by ...
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Feed Subscription‘India needs 600 mn tonne refinery capacity by 2040’
Bhubaneswar : India needs to increase its refining capacity to 600 million metric tonnes (MMT) by 2040 to meet the rising demand for fuel, Union Petroleum Minister Dharmendra Pradhan said on Saturday. “India’s refining capacity must increase to about 600 ...
Read More »NCDEX selects NetApp for data-driven business transformation
New Delhi : Online multi-commodity exchange National Commodity and Derivatives Exchange Limited (NCDEX) on Wednesday announced data storage and management company NetApp as its partner of choice for data-driven business transformation. In order to enhance customer experience, NCDEX has undertaken ...
Read More »Sebi allows convergence of stock, commodity exchanges
Mumbai : The Securities and Exchange Board of India (Sebi) on Thursday gave its nod to the convergence of both equities and commodity-backed stocks on exchanges from October 2018. The decision taken at the Sebi’s Board Meeting was announced by ...
Read More »World’s largest coal port to opt for ‘green business’ now
Canberra : Australia’s Port of Newcastle, the world’s biggest coal port, has announced a transition away from fossil fuels, saying “continued investment in Australian coal is a losing proposition”. It said on Sunday that the long-term outlook for coal was ...
Read More »‘Grilled’ winner gets Rs 1.5 cr investment for food start-up
Mumbai : Munaf Kapadia, who won reality TV series “Grilled”, says the show was a crash course in restaurant management for him. He is looking forward to start working on setting up his two-and-a-half-year-old concept of The Bohri Kitchen with ...
Read More »Oil prices decline ahead of OPEC meeting
New York : Oil prices declined as investors became cautious ahead of an OPEC (Organisation of the Petroleum Exporting Countries) meeting next week, a media report said. OPEC and other key oil producers will meet on November 30 to discuss ...
Read More »Telangana aims to attract Rs.20,000 cr investment in food processing
New Delhi/Hyderabad : Telangana on Saturday launched its food processing policy, aiming to attract Rs.20,000 crore investment in the sector over the next five years. The policy also aims to make Telangana the number one state in milk production and ...
Read More »World Food India event expected to fetch $10 bn investment: Minister
New Delhi : The World Food India event beginning this week is expected to fetch foreign investment of $10 billion and would help in the government’s mission of doubling farmers’ incomes by 2022, Union Minister for Food Processing Industries Harsimrat ...
Read More »Rs 2.11 lakh crore recapitalisation for banks to boost growth
New Delhi : In a stimulus package aimed to boost flagging economic growth, create jobs and increase credit flow, the Union Cabinet on Tuesday approved a Rs 2.11 lakh crore recapitalisation plan for state-run banks and massive road infrastructure investment ...
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