Page 12 - Rajesh Bhayani

Prices, goods and services tax mar gold buying ahead of Akshaya Tritiya

The reasons for this are manifold: Gold prices this year are higher than last year, and the goods and services tax (GST) is an additional burden for consumers

Trade war, currency variations threaten food price stability: Stefan Vogel

Relatively cheap vegetable oil prices will benefit imports into India, as India is importing massive volumes of edible oils every year, says Stefan Vogel

Thanks to refining industry, unrefined gold import surges to a new high

Post GST implementation refining disparities have nullified and industry is actively pursuing global gold mines to ensure enough supplies

First-ever EOW-administered repaymment to NSEL investors effected

EOW plans repayment of another Rs one bn in next two months

India to certify diamonds as free from terror financing, money laundering

The scope of Kimberly Process and warranty system to be enlarged to accommodate the changes

Sebi sets eyes on commodity index derivatives, works on guidelines

Commodity contracts, instead of commodities, which are the underlying, will be components of the index. Second, it will be a future price index and not a spot price index

Sebi mulls compulsory delivery for metal derivatives contracts

It is unclear if there will be separate contracts for delivery-based settlement or compulsory delivery settlement in existing metals contracts

Headwind for silver before outshining gold: Analysts

During the recent rout in base metals, following the trade war triggered by the US, ratio punters were proved wrong and silver price fell sharply compared to gold

Post merger, the name will simply be Bayer as 'Monsanto' becomes history

Will make open offer to acquire shares in India

Disaster recovery sites of exchanges under focus as NCDEX volumes fall

NCDEX has been trading on DR site for almost two weeks now; with volumes down, other exchanges are rechecking their own DR sites

Pradip Shah's Grow Trees is notably increasing India's forest cover

At the organisation, projects are tailored around real-life environmental problems

Gold, metals see quick rebound after US Fed increases policy rates by 0.25%

Standard gold in Mumbai was up 0.7% to close at Rs 30,525 per 10g

Sebi liberalises spread margin benefit in commodity futures contracts

Currently, margin benefit of 75 per cent in initial margins is given in spread trading

MCX plans spot commodity trading in industrial & precious metals and energy

Move will be a major development following Sebi's go-ahead to equity and commodity bourses to enter each other's domains

80:20 gold scheme: The RBI circular that benefitted a few private parties

The circular was issued in last days of the UPA government and a few days before the Narendra Modi-led NDA government took office

Indian Sugar Mills Association sees sugar output rising to 29.5 mt

UP, Maharashtra could produce over 10 million tonnes each this season

Can govt's plan to use blockchain choke Nirav Modi-style bank frauds?

The tech is useful in digitising land records, can be applied to infra, farm sector, education, finance; but there are many hurdles in implementing it

80:20 gold import scheme: The fire behind the smoke in UPA's policy

The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing

Budget 2018 Gold policy: Spot exchange on cards, GMS to be revamped

However, FM offers no clarity on whether deposits under GMS will be cash equivalents or physical gold

Budget 2018: Government to use blockchain for digital economy

There are over 4 million users of cryptocurrencies in India