These steps are part of the regulator’s broader push to curb excessive speculation and strengthen market stability in the equity derivatives segment.
The natural gas market has been thrown into disarray, as prices are flaring, trading firms are facing margin calls and buyers are staring at soaring costs
Finance Minister Arun Jaitley today held an inter-ministerial consultation on imposing ban on sugar futures trading in an effort to curb speculation and check price rise of the sweetener during festival season.
Speaking to CNBC-TV18, financial services secretary Rajiv Takru said that he doesn‘t expect the RBI‘s tightening steps to stay for long, and the rupee will find its level and stabilise soon.
Mangalore Chemicals' shares soared 10 percent on the back of expectations of the firm being a target for takeover. Zuari Fertilisers and Deepak Fertilisers have increased their stakes recently.
Speculation of an imminent Cabinet reshuffle gained fresh momentum on Tuesday with Prime Minister Manmohan Singh and Congress President Sonia Gandhi meeting President Pranab Mukherjee separately