The regulator asked all exchanges to have half the board comprise independent directors. Anchor investors were to have board seats to the extent of equity held and the chairman must be an......
To improve the operation of commodity exchanges and enable better reflection of actual prices, the Forward Markets Commission has told all of them to not allow trade in non-agricultural commodities......
Parliament’s standing committee on finance has urged the ministry of finance for a study on the impact of the Commodities Transaction Tax (CTT) on food inflation over a period of one year and......
Turnover of commodity bourses rose by over 53 per cent to Rs 787,433 crore (Rs 7.87 trillion) in the first fortnight of this month on robust volumes in gold, silver and energy items, as per the......
The finance ministry is looking at taxing transactions on commodity exchanges to provide better regulation and monitoring of the market. The proposal is being considered for Budget 2013-14, despite......