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Commodities

Products used for commerce that are traded on a separate, authorized commodities exchange. Commodities include agricultural products and natural resources such as timber, oil and metals. Commodities are the basis for futures contracts traded on these exchanges.

News On Commodities
FTIL exits MCX by selling 5% stake for over Rs 200cr  

27-08-2014| Source:PTI

In July, Jignesh Shah-led FTIL, the erstwhile promoter of MCX, had announced sale of its 15 per cent stake in MCX to Kotak Mahindra Bank for Rs 459 crore. Yesterday, commodity market regulator FMC

Go long in silver: Kunal Shah  

27-08-2014| Source:CNBC-TV18

Watch the interview of Kunal Shah of Nirmal Bang Commodities with Ekta Batra and Reema Tendulkar on CNBC-TV18. He spoke about the current trend in commodities markets.

FMC approves to acquire 15% in MCX India by Kotak Mahindra Bank

27-08-2014| Source:Moneycontrol.com

Multi Commodity Exchange of India Ltd has informed BSE that the Regulator, Forward Market Commission (FMC) has conveyed its approval to Kotak Mahindra Bank Limited (KMBL) for its proposed acquisition

RCom, Adani Power, Adani Ent to exit Nifty Midcap 50

26-08-2014| Source:PTI

In their place, Arvind Ltd, Justdial and L&T Finance Holdings will be included in the index, as per the changes announced by India Index Services & Products Ltd (IISL), a subsidiary of NSE Strategic Investment Corporation Ltd.

Farmers, traders unhappy with onions inclusion in EC Act

26-08-2014| Source:PTI

"To protect the interest of farmers, the government should have declared MSP for onion as soon as it was included under the Essential Commodities Act," Lasalgaon Agricultural Produce Market

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