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AGRI GOLD FARM
Consumer companies feel summer wedding glow as jewellery, appliances, staples sales outpace winter gainsSummer weddings are driving a significant spending surge across India. Strong rural incomes from a good harvest are boosting sales of every...- ED restores Rs 1,000 cr worth assets to Andhra govt to help Ponzi victimsThe Enforcement Directorate has restored assets worth Rs 7,000 crore to the Andhra Pradesh government, recovering funds duped from investor...
- ED secures court order to restore over Rs 3,300 crore assets to ponzi victimsThe Enforcement Directorate has completed the restitution of assets worth Rs 3,339 crore to victims of the Agri Gold ponzi scheme. The asse...
- Rural gold demand dips as spend on farm inputs rises"Rural demand is down 25% in June as farmers are busy in sowing kharif crop and buying seeds and other agricultural inputs. July will also ...
- Upbeat on rural prospects, DCB Bank focuses on tractor loansThe bank is offering customised loans in Chhattisgarh, Karnataka, Andhra Pradesh, Telangana, Madhya Pradesh, Maharashtra, Odisha and Rajast...
- Bank of Baroda to foray into e-commerce businessThe bank said it will offer various kinds of banking services and farm-related products on its e-commerce platform.
- CTT rationalised on commodity derivatives to help MCX, NCDEXCTT of 0.01% was collected from sellers of on non-farm and non processed farm commodity derivatives.
- Gold demand slips as crops fail to earnLower demand has also resulted in gold being sold at a $4-5 discount in the wholesale market with bullion dealers offloading their stocks.
- Weekly commodity report: Cotton, turmeric prices fall; sugar, coriander riseIn the non agri-commodity space, uncertainty continued for gold prices.
- Ponzi schemes: Andhra Pradesh government ready for CBI probe with a riderThe Labour Minister said the HC has already fixed dates for auctioning of Agri Gold properties attached by the government.
- Commodity futures market may see more new products, indicesThe finance minister is likely to refer to the development while presenting the Budget for fiscal year 2017, one of them stated.
- Sebi bars Agri Gold Farm from raising funds from publicSebi today barred Andhra Pradesh-based Agri Gold Farm Estates India from raising fresh capital from the public with immediate effect.
- Repayment delays spilling into other poll-bound states: SBISBI facing a "credit discipline" issue in AP and Telangana today said that repayment delays are getting spilled over into poll-bound states...
- Right mix of speculation, hedging to deepen commodity exchanges: Forward Markets Commission chiefTraders and physical market users who trade on domestic commodity futures exchanges may soon witness a deepening of the decade-old market.
- Commex intra-day turnover slips as commodity transaction tax comes into forceCTT at 10 per lakh is levied on sellers of non-farm commodities like gold and silver and processed products like soya oil and sugar. This i...
- Budget 2013: Commodity punters will be forced to switch from gold to farm betsInvestors and punters in commodities will be forced to exit the futures market or shift part of their funds to agri commodity futures.
- Farmers sell gold on fears of poor cropA late arrival of monsoon is forcing farmers, mostly from Maharashtra, Rajasthan, MP, Gujarat and UP, to sell off their household gold.
- Rich investors eye big money in farm products from local mandisIndividual investors have begun buying select farm products from local mandis and selling them at a premium on the futures market.
- Farm futures trading may make strong comebackRelisting of four agri commodities to increase interest.
- Local commodity market plunges on broad selling, falling equitiesTracking the equity markets, the local commodity markets witnessed a broad-based sell-off on Monday, with farm and non-farm counters regist...
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