Gold, coal and metal scrap imports likely to soften, textile export rising; concern, though, on edible oil and jewellery
In recent weeks, the premia on buying dollars from the unofficial hawala market has fallen from 4-4.5 per cent to 2.5-2.6 per cent
Shipments to take further hit
51% may be held by public
If the rights issue is fully subscribed, our holding in MCX-SX's equity will fall to 1.73%
Current import rules & duty reasonable, says chairman of PM's economic advisory council
Interview with Chairman, PMEAC
Expert says the curbs, along with lower gold prices, may lower imports to $25 billion in FY14 from $53.8 billion in FY13
Served as lead indicator for last year's decline, notes CLSA's Wood
Interview with MD & CEO, MCX-SX
May have to cut the prices of the 1:1 rights issue
The stringent curbs on gold imports, including 10.3% import duty, has resulted in a huge flow of smuggled gold
FM supports commodity markets' reforms
Commexes allowed to have different transaction charges for commodities
No contract with bulk buyers, Ethanol supply to OMCs disappointing, exports unviable, losses in domestic sale huge
Recovery is attributed to higher domestic demand, export orders and import by NRIs
The amount payable to FTIL by both companies together is about Rs 27 crore a year per company
Calls an urgent board meeting
The move could scuttle plans of the newest stock exchange to beef up capital and increase net worth
The tax, 0.01%, was imposed on commodity futures trading on national electronic futures exchanges