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VIRTUAL COMMODITIES EXCHANGE
India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tankThe economic horizon of India is clouded by a dual predicament characterized by a lack of financial resources and innovative ideas. While r...
Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
Kalshi, Polymarket defy India ban on online betting platformsDespite India's technology ministry warning that prediction markets like Polymarket and Kalshi are illegal, customers in India continue to ...
Why did the stock market fall today? Sensex tumbles 1,300 pts, Nifty below 23,850. 6 key factorsIndian stock markets experienced a significant downturn on Monday. The Sensex and Nifty saw sharp declines as oil prices surged. Fading hop...
Gold price prediction: Is gold heading for volatile trading in May?Gold rate prediction: The release of the U.S. employment report later this week will serve as a test of whether the economy remains resilie...
Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the sameThe soccer coach had blocked himself from sportsbooks by the time he found prediction markets.
Taken-for-granted separation between economics & strategy has collapsed in 21st Century: Pradeep MehtaThe lines between economics and strategy have blurred, as highlighted in CUTS International's geoeconomic webinar. Experts discussed how tr...
Separation between economics & strategy that was taken for granted has collapsed in 21stCenturyA recent CUTS International webinar under its Geoeconomic Monograph Series highlighted how global economics and geopolitics are now deeply ...
US–Iran War Day 53: Last hours for peace? Ceasefire nears expiry as Trump warns 'bombs will go off' & Iran threatens Hormuz; Markets watch nervouslyIran War Day 53 News: US–Iran war entered day 53 with tensions rising as a fragile ceasefire neared expiry and uncertainty surrounded possi...
New Jersey cannot regulate Kalshi's prediction market, US appeals court rulesA federal appeals court ruled on Monday that New Jersey gaming regulators cannot prevent Kalshi from allowing people in the state to use it...
Banks seek RBI clarity on forex hedge curbs, warn rules may hit genuine trade flows amid delaysBanks are urging the Reserve Bank of India for clarity on forward contract rules. Recent RBI directives aimed at curbing speculation could ...
India proposes virtual power agreements to boost renewable energy trading in power marketsIndia's power market regulator on Tuesday proposed amending its electricity trading rules to introduce Virtual Power Purchase Agreement (VP...
Crypto exchanges may need licences under new lawThe government has listed the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, for introduction in the ongoing winter...
FreshToHome attracts ADIO funding, to expand operations in UAE capitalFreshToHome said it would expand farming, supply chain and processing capabilities across precision agriculture and aquaculture in Abu Dhab...
Bitcoin logs its biggest drop in a monthBitcoin fell as much as 5.9%, its biggest loss in almost a month, to as low as $5,247.
How does the commodities market work?Like a stock, one can invest in a commodity through the commodity bourses.
- LME-HKE deal shows fight for survival amid economic slowdown
The iconic London Metals Exchange (LME), the world's oldest market for industrial metals, may soon become virtually Chinese.
- UCX gets FMC nod to go live; final approval likely soon
Universal Commodity Exchange has got the commodity market regulator FMC’s approval for going live, becoming the sixth national commex to go...
- FMC awaits bill amendment to reform regional commexes
FMC is awaiting the passage of the FCRA amendment Bill to strengthen and reform regional exchanges, whose falling turnover has become a maj...
- FMC backs brokers demand forwithdrawal of CTT
The FMC said that it would support the brokers' demand for withdrawal of CTT imposed in the budget.