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Budget 2024: Gold prices crash by Rs 3,350

 Gold prices tumbled by Rs 3,350 to Rs 72,300 per 10 grams in the local market in New Delhi on Tuesday amid subdued demand by jewellers after the government announced the customs duty cut on the......

Rediff's Wave Rider Retires!

 After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

ACE gets nod for multi commodity exchange

 Kotak Group-promoted ACE Derivatives and Commodity Exchange Limited on Wednesday said it has received the final license for launching a national multi commodity exchange from the government. The......

Big players plan commodity exchanges in India

 Futures trading in commodities in India is all set to witness the entry of big financial players as groups like Reliance, Kotak and Indiabulls are chalking out plans to set up commodity exchanges......

Kotak gets FMC nod for commodity exchange

 The Kotak group is set to launch the country's fifth national commodity exchange, in association with the Ahmedabad Commodity Exchange (ACE), in which it is picking up a majority equity stake as an......

Commodity exchanges see bigger corporate role

 Corporate houses are adding sheen to the domestic commodity exchanges now. As a result, trading volumes on commodity exchanges are rising. The entry of giant corporates from across all sectors,......

MCX ties up with Chinese commodity exchange

 India's largest commodity boursethe Multi Commodity Exchange (MCX)on Wednesday tied up with the Shanghai Futures Exchange (SHFE) of China to share knowledge and expertise for further development of......

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