SEBI considers the concept of ‘One Commodity One Exchange’

New Delhi: Capital markets regulator SEBI has proposed ‘one commodity one exchange’ concept to reduce liquidity fragmentation and help each stock exchange to develop an exclusive set of non-consolidated liquid contracts. In a consultation paper, the regulator said it has prepared a concept note on developing a uniquely specific set of commodities for trading in … Read more

NEML partners with FinChain for business-financing options

NCDEX e Markets Ltd (NEML), a leading integrated e-market platform for commodities and intangibles, on Thursday announced its agreement with Finchain Technologies to offer trade-financing options. Under this agreement, Finchain, an emerging company engaged in Anchor-led supply chain and invoice-backed financing programs, will now provide bill discounting and trade-financing options to buyers/sellers on various NEML … Read more

New year, new pinch: Daily essential bill may increase

Grocery essentials, personal care products, packaged food and dining out will become more expensive in the new year as freight, packaging and agricultural commodities become more expensive. RS Sodhi, MD, Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), which owns India’s largest dairy brand Amul, said, “We are expecting a hike in the prices of all … Read more