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National Multi Commodity Exchange Of India

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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......

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......

Gold jumps Rs 630 to hit record high of Rs 82,730

 Gold prices rallied by Rs 630 to a lifetime high of Rs 82,700 per 10 grams in the national capital on Wednesday following persistent buying by jewellers and retailers amid strong global trends,......

Commodity exchanges, a boon for farmers

Farmers so far dependent only on Minimum Support Price for remunerative prices for their produce now have an option for hedging risks against price fluctuations with the setting up of multi......

Boom in commodity futures trading in India

 The turnover of commodity exchanges in 2006-07 financial year is likely to touch a whopping Rs 37 lakh crore (Rs 37 trillion), according to the data from Forward Markets Commission. The data from......

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,......

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