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'Commodity market can create additional 5 mn jobs in 5 years'
Mumbai :: India | 1 month ago
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Commodity market can create an additional five million jobs over the next five years if the liberalisation policies are continued, a top official of commodity exchange MCX said today. "5 million jobs can be created in next five years if
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NYSE Euronext calls off stake sale in India?s MCX
New Delhi :: India | 2 months ago
Credibility
Euronext's plan to offload little over 24.42 lakh shares of MCX has been called off due to poor response from investors. The sale, through secondary market, was expected to happen today...At the higher end of the price band, the sale could fetch
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Euronext selling stake in MCX for up to $46 mln
Mumbai :: India | 2 months ago
Credibility
Euronext has launched the sale of its 4.8 percent stake in the Multi-Commodity Exchange of MCX, the country's biggest commodity bourse, in a deal that could raise up to $46 million, a source with direct knowledge said. The transatlantic exchange
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MCX tanks 5% on transaction tax on non-agri futures
Mumbai :: India | 3 months ago
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Shares of commodity bourse MCX today tumbled nearly 5 per cent on the Union Budget proposal for a transaction tax of 0.01 per cent on non-agri futures traded on commodity exchanges. MCX shares closed 4.51 per cent lower at Rs 1,093.35 on the BSE...At
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MCX stock may rise 25% to Rs 1800 in long term: JM Financial
Mumbai :: India | 4 months ago
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India's largest commodity futures exchange MCX stock may rise 25 per cent from current levels to Rs 1800 in the long term, says leading domestic financial brokerage house JM Financial. Brokerages have been recently bullish on the stock as India's
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Commodity bourses end 2012 with Rs 174-tn business
New Delhi :: India | 5 months ago
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C ommodity futures market remained subdued in 2012 with turnover stagnating at last year's level of Rs 174 trillion and the government's bill to strengthen the regulator FMC also getting stuck in Parliament. The Forward Market Commission's steely
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MCX new silver contract clocks record delivery
Mumbai :: India | 7 months ago
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Leading commodity bourse MCX today said its new one-kg silver contract has clocked a record delivery of 1,010 kg silver bars. The Silver 1000, a monthly contract launched by Multi Commodity Exchange of India Ltd (MCX) on September 27, is a first of
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NSE, MCX, BSE among top 20 global derivatives bourses
New Delhi :: India | 7 months ago
Credibility
October 23, 2012 Three Indian bourses NSE, MCX and BSE have made it to the world's top 20 derivative exchanges, ahead of their peers in global financial centres such as London, Singapore and Hong Kong. While the list is topped by the CME Group, as
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Dodgy gold bets flourish on the back of weak rupee
New Delhi :: India | 8 months ago
Credibility
When 26-year-old Abdul Salam from Dubai was arrested at Mumbai airport last month with 156 gold chains concealed in his shoes, he was trying to land an irresistible windfall...And this has brought back a profit opportunity, legal, not-quite-legal and
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New Retail Alliance Takes on Google & Apple
Alexandria :: VA :: USA | 8 months ago
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Digital payments are expected to be one of the largest growth areas in technology over the coming years, as the way that consumers pay for goods adapts to new trends. Passbook and others are rushing into this new battleground from all sides. In one
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