BONDS, CURRENCIES & COMMODITIES


Sucheta Dalal Sucheta Dalal 05 August 2013
The NSEL fiasco is part of a wider problem: poor financial market regulations across capital market, insurance and banking. The government is apparently considering a new regulation for commodity markets. Why wasn’t this a given higher priority than arming a corrupt and inefficient SEBI...

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Moneylife Digital Team 04 August 2013
NSEL has proposed a partial payment option. It remains to be seen how the stakeholders view them The National Spot Exchange Ltd (NSEL), which is facing a payment crisis, today announced plans to implement the settlement of dues in accordance with exchange rules and bylaws. Mr. Anjani...

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Debashis Basu Debashis Basu  and   Jason Monteiro Jason Monteiro 26 July 2013
When foreign investors have been net sellers in a month, the rupee has depreciated 89% of the time. The rupee could be under pressure if India does not get strong capital inflows as in the past Foreign flows into the equity market have always been a determinant of the strength of the...

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Sushmita V Gopalan 24 June 2013
Until now, all eyes have been on FII investment fluctuations in the equity market. However, as we watch the consequences of the massive pull-out of FII investment from the debt market play out, it emerges as a new source of volatility for the Indian rupee In June 2013 foreign...

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Moneylife Digital Team 21 June 2013
The company said the decision has been taken in view of the government’s “publicly stated objective of minimising gold imports that are seriously hurting the country's economic interests”   Amid growing concerns over huge gold imports hurting the country's economic strength, financial...

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Moneylife Digital Team 21 June 2013
The rupee weakened further by 13 paise to trade at Rs59.70 against the US dollar in early trade on Friday, on unrelenting capital outflows and strong demand of the American currency from importers Continuing its decline, the rupee weakened further by 13 paise to trade at Rs59.70 against...

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Moneylife Digital Team 20 June 2013
Besides gold, silver, crude oil and base metals, processed farm items like sugar, soya oil and guar gum will come under CTT, according to the notification from the finance ministry   Commodities Transaction Tax (CTT) will be levied at 0.01% on various non-agricultural commodities,...

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Moneylife Digital Team 18 June 2013
Poor sales and demand for cotton seed in western Vidarbha indicates that farmers could shift from cotton to pulses like tur, chana and even linseed besides soyabean Large number of traditional cotton growers in the Vidarbha region of Maharashtra may shift to soya this Kharif season as...

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Moneylife Digital Team 10 June 2013
The rupee has been falling for five straight weeks, taking its losses since the start of May to 5.71%, to make it among the worst performing currencies in Asia during this period The rupee breached its all-time low of 57.32 against dollar in early trade today. It traded at 57.52 against...

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Moneylife Digital Team 22 May 2013
The government has reduced the import tariff value of gold keeping in view the weak global prices of precious metals In the wake of falling global prices of precious metals, the government today further reduced the import tariff value of gold to $440 per ten grams, while it has been...

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Moneylife Digital Team 22 May 2013
The conventional wisdom is that commodity prices go down when the dollar rises. But the recent weakness in commodities is not just due to a higher dollar, says Credit Suisse. Weak economic data coupled with slack in demand are the major reasons Commodity prices all over the world have...

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Moneylife Digital Team 16 May 2013
Total jewellery demand rose 15% to 159.5 tonnes from 138.3 tonnes, while investment demand increased by 52% to 97 tonnes from 63.8 tonnes, WGC said Gold demand in India, the world’s largest consumer, rose 27% to 256.50 tonnes in the first quarter of the calendar year 2013, according to...

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Moneylife Digital Team 13 May 2013
RBI has asked banks to restrict gold imports and allow consignments only to meet genuine needs of exporters of jewellery   The Reserve Bank of India (RBI) has imposed restrictions on imports of gold by banks in order to put brakes on the widening current account deficit...

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Moneylife Digital Team 09 May 2013
NSE's platform is expected to bring more transparency and credibility to the way debt securities are traded, besides attracting more investors to this segment National Stock Exchange (NSE) said it would launch a separate debt trading platform on 13th May and would list nearly 400...

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Moneylife Digital Team 03 May 2013
Despite upward revision in the Third Advance Estimate released today, foodgrain production will be lower than the previous year's record 259.32 MT on account of the drought in Maharashtra, Karnataka, Gujarat and Rajasthan on account of poor monsoon last year India’s foodgrain production...

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Debashis Basu Debashis Basu  and   Jason Monteiro Jason Monteiro 03 May 2013
Is gold a hedge against inflation, a safe haven investment in a mismanaged world? Or is the gold mystique a big myth built around what is really a speculative trade? Debashis Basu & Jason Monteiro explain the myths & facts of gold that will clear your mind On the morning of Friday, 12...

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R Balakrishnan R Balakrishnan 29 April 2013
There is no obligation to disclose anything for a gold deposit scheme even though it is the average person, who will be drawn to it and not necessarily out of greed. Are regulators like RBI and SEBI sleeping? Is this scheme legal? Does this not amount to borrowing? Does this not become a...

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Moneylife Digital Team 26 April 2013
Copper prices, unlike its peers, have not grabbed much attention even though its price crash has been equally dramatic. Credit Suisse expects that supply will be the key differentiator as prices continue its downfall Commodity prices have been in a correction mode in the past few weeks,...

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Moneylife Digital Team 23 April 2013
Brokerage firm Nomura believes that the recent spike in demand for gold in India as a temporary anomaly given the positive correlation between the gold price and demand since 2009 The correlation between the gold price and gold demand (import volume) in India has shifted from being...

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Moneylife Digital Team 22 April 2013
The market is very positive on the fall in prices of crude oil and gold. Net effect on the currency is likely to be limited, as “all else” is unlikely to remain the same, according to the Credit Suisse report Most India observers are concerned about the rise in India’s current account...

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