BUSINESS
Betting on farm futures is not equivalent to gambling
Futures trade is a place for price discovery and hedging, and commodity exchanges provide a neutral platform for farmers and other stakeholders to hedge their respective price risks. It has a positive impact on the economic interests of farmers, consumers and even the government coffers, yet is banned frequently
BUSINESS
Rs 2,000 Ban: Why gold for recalled notes swaps will be limited this time
The government designated bullion dealers as ‘Reporting Entities’ to bring them under the Prevention of Money Laundering Act, 2002 (PMLA) and Unlawful Activities (Prevention) Act, 1967, mandating them to adhere to anti-money laundering (AML) standards, and combating proliferation financing obligations
BUSINESS
Agri-derivatives: Should India learn from Indonesia?
While India continues to ban key agricultural futures contracts, labelling them as a villain in food inflation, Indonesia has been planning to encourage the domestic futures market to channelise local supplies and exports of Crude Palm Oil (CPO)
