Bullion sees demand revival after almost two quarters, with initial signs reflected in sales reported by Amazon and Flipkart
Demand is picking up as the festive season has begun, the monsoon has revived rural demand and prices have moderated
Experts believe that import duty on the yellow metal needs to be cut back to at least 6% to discourage unofficial imports
Regulator also in dialog with other sectoral regulators to permit banks and other institutions, said chairman U K Sinha
Option writers' role will be crucial for success of option contracts for commodities
Wheat crop is expected to be around 10 million tonnes lower than earlier estimates of around 83 million tonnes
Detailed guidelines to be issued by the regulator later
Restrictions on Algo, colocations, PMS continued
Market is keenly awaiting the regulator to introduce new products like option trading
Gold is up 1.4 per cent at $1,334.5 an oz after the Fed's announcement
The ensure supply of raw material, the company has started the plantations on pilot basis
Move follows instances of pure gold imports as dore
However, while the instrument passes on currency risk to the investor, it may still be an expensive option for some issuers
In the aftermath of the Welspun controversy, Business Standard gets deeper into the issue of global scrutiny facing Indian businesses across key sectors
Discounts fall to 3-month low levels due to pick-up in imports, demand
Exchanges shall take full responsibility on default; regulator doubles initial margin, introduce concentration margin and ends spread margin benefits
Gold utensils attract only 1% import duty, compared to 10-14% for gold and jewellery, converted to bars after import
To cover entire gamut of precious metals, diamonds; commerce ministry holds meeting with all stakeholders