Standalone dealers get nod to deal in rupee NDFsThe Reserve Bank of India has authorized standalone primary dealers to deal in non-deliverable rupee derivatives, effective immediately. Th...
Here's what is keeping rice on the boilSome of the key reasons for rice inflation include consistent increase in the minimum support price (MSP), government procurement of rice a...
Delhi HC asks Delhi govt to respond to plea challenging decision to limit non-PDS beneficiariesThe Delhi high court on Wednesday sought response of the Delhi government on a plea challenging its non-PDS guidelines, putting an 'arbitra...
Aviation Turbine Fuel price hiked by 8.1 pc, still costs less than petrol, dieselATF or jet fuel prices are revised on 1st of every month based on the average international rate for benchmark fuel and foreign exchange ra...
ATF price cut by 14.7%; costs less than petrol, dieselThis is the second straight monthly reduction in rates and the biggest single cut ever.
Centre looking at selling pulses via PDSAlready some states like Tamil Nadu and Chhattisgarh are distributing pulses through PDS at a subsidised rate.
Six more states keen to implement DBT in kerosene: GovernmentThe Minister said PDS kerosene is distributed to ration card holders through the state government and the state civil supplies authorities ...
Non-subsidised LPG, kerosene, ATF prices hikedPetrol price was late last night hiked by Rs 1.06 a litre to Rs 62.19 per litre in Delhi and diesel by Rs 2.94 to Rs 50.95 a litre.
RBI issues guidelines to trade in currency futuresPrimary dealers or bond houses should have a minimum capital base of Rs 250 crore to participate in the exchange traded currency futures ma...
Govt frees non-PDS kerosene from regulatory controlWith a view to ease the availability of market-priced kerosene, the government has freed sale of non-PDS kerosene from regulatory control.
Leaky pipeline: How efficient is Public Distribution System for the targeted poor?The oil companies released 8.2 MT of kerosene through the PDS in 2011-12, but a total of 5.5 MT of kerosene made its way to the consumer fr...
- Panel headed by Montek suggests UID to plug PDS slippages
A working group on PDS reforms headed by Planning Commission Deputy Chairman Montek Singh Ahluwalia has advocated the use of UID.
- PDS rice may be exported as govt mum on MEP
The failure of the DGFT to specify the minimum export price (MEP) in its March 1 notification on overseas sales of select varieties of non-...
- State govt declares entire Jharkhand as drought-affected
In a significant development, the council of advisors to the state governor on Saturday declared the entire Jharkhand as drought-affected. ...
- Merrill Lynch rejigs PD business
Merrill Lynch is restructuring its primary dealership business for government securities and Treasury Bills in India under a separate subsi...
- RBI eases conditions in when-issued trading
In a bid to boost trading volumes in the when-issued segment of the government securities market and to popularise the instrument, the Rese...
- RBI allows PDs to diversify, but bars subsidiary route
Primary dealers (PDs), who have been reeling under bond losses following the spike in interest rates, could now look at making money elsewh...