GST council meeting today, what is the agenda?The Goods and Services Tax (GST) council will meet to discuss various topics including exemption on GST on powdered millets, extending conc...
07 Oct, 2023, 11.24 AM IST
Calcutta High Court rules to extend export window for wheat traderSoubhik Exports from Kolkata had moved the high court on September 6, demanding extension of the last date for export of wheat as it could ...
14 Oct, 2022, 01.46 AM IST
Mumbai EOW calls 100 brokers to probe role in NSEL tradesEOW has already questioned about 15 of these brokers in the past two days.
23 Feb, 2019, 07.24 AM IST
EOW seeks legal opinion on attachment of brokers’ assetsEOW is verifying whether it could attach brokers’ assets whose value corresponds to the brokerage earned from trading on NSEL under the Mah...
29 Jan, 2019, 11.02 PM IST
Mumbai police files case against brokers on NSEL over FCRA violationsIn September 2015, to better regulate commodity exchanges, the government merged FMC with SEBI.
29 Sep, 2018, 06.07 PM IST
Sebi issues fresh notices to 20 entities in NSEL scamFinal orders against these entities can be passed by the regulator anytime so, sources said. Several entities on the list are allegedly lin...
21 Feb, 2017, 02.11 PM IST
No stock limits on commodities in regulated warehouses: FMCThis was one of the key reforms that commodity markets regulator Forward Markets Commission (FMC) was pushing with the Consumer Affairs Min...
11 Nov, 2014, 01.28 PM IST
Commodities in regulated warehouses exempted from stock limitWith this reform, the government has resolved discrepancy between the two central laws - Essential Commodities Act & Forward Contracts Regu...
10 Nov, 2014, 09.34 PM IST
Government takes back forward contract exemption for 3 spot exchangesIn a separate development, the NSEL Investors Action Group, spearheaded by Ketan Shah, one of the stricken investors, has written to Maria.
30 Oct, 2014, 06.23 AM IST
After NSEL scam, government withdraws waiver given to spot boursesIn 2007, the government had exempted one-day forward contracts offered by spot exchanges from the purview of the Forward Contracts Regulati...
29 Oct, 2014, 07.14 PM IST
NSEL scam: CBI examining role of senior officials in consumer ministryNSEL - promoted by FTIL, received permission in June 2007 from the ministry of consumer affairs to commence spot trading in commodities.
22 Oct, 2013, 04.46 AM IST
SEA demands exemption of some oils and oilseeds from CTTCertain agri-commodities like soybean oil, RBD palmolein, castor oil and cotton seed are missed out from the exemption.
23 Jul, 2013, 03.37 PM IST
- NCDEX receives approval from FMC to reduce staggered delivery to 10 days
Staggered Delivery System was introduced by the Exchange in 2012 with a view to discourage excessive speculation in the near month contract...
03 Jul, 2013, 07.04 PM IST
Datawind expects to complete Aakash tablet supply by month-endDatawind, supplier low-cost Aakash tablet to the government, has said it expects to complete delivery of 1 lakh units by end of this month.
07 Apr, 2013, 04.50 PM IST
- National Spot Exchange Ltd product under lens over 'short selling' charge
The ministry of consumer affairs, food & public distribution has shot a show-cause notice to the National Spot Exchange Ltd and is probing ...
03 Oct, 2012, 05.43 AM IST
- Cabinet okays amendments to Forward Contract (Regulation) Act
The government on Thursday approved the proposed amendments to the Forward Contract (Regulation) Act, 1952, which will enable to FMC become...
16 Sep, 2010, 06.25 PM IST
- FIEO seeks govt intervention to settle derivative losses
Export organisation FIEO has sought government intervention for amicable settlement of thousands of crore of losses suffered by exporters o...
19 Feb, 2009, 03.50 PM IST