BONDS, CURRENCIES & COMMODITIES


Russias credit ratings have been downgraded deep into the 'junk' territory by Moodys Investors Service and Fitch Ratings, with the duo highlighting the economic toll inflicted by wide-ranging sanctions and rising doubts about whether Moscow will honour its debts, The Wall Street Journal...

Read More



Moneylife Digital Team/ IANS 24 February 2022
Brent-indexed crude oil prices climbed above US$100 a barrel for the first time since 2014 after Russia declared war on Ukraine. On Thursday, Russian President Vladimir Putin announced a military operation in Ukraine. Besides, crude oil prices surged by 5.50%, near US$97.22 per...

Read More



Moneylife Digital Team 01 February 2022
In Budget 2022-23, finance minister (FM) Nirmala Sitharaman announced that the government will issue sovereign green bonds to mobilise funds to set up green infrastructure projects in the public sector and reduce carbon footprint. These funds will enable the government to achieve the 500 GW...

Read More



Moneylife Digital Team 30 November 2021
Subscription for the eighth tranche of the Sovereign Gold Bond (SGB) Scheme 2021-22 has started from 29th November and will remain open till 3rd December. The Reserve Bank of India (RBI) mentioned, in its release last week, that the issue price for SGB 2021-22 has been fixed at Rs4,791 per...

Read More



Moneylife Digital Team 19 August 2021
UPDATED at 4.10pm on 19 August 2021 to include response received from ICEX   There was mismanagement in the liquidity enhancement scheme (LES) at the Indian Commodity Exchange Ltd (ICEX) that resulted in a loss of Rs15 crore. The board of directors of ICEX ordered a forensic audit...

Read More



In the wake of the WTI crude futures falling below zero last week, the BSE has modified its trading system to allow commodity trading at negative prices.   In a notice, the BSE said that the development is pursuant to recent global movements in the crude oil derivatives markets where...

Read More



Moneylife Digital Team 23 April 2020
There has been a sharp decline in arrivals of agri commodities in the first two weeks of April, mandi prices of vegetables, pulses and rabi crops have increased sharply, while rates of fruits, paddy and fibre crops have shown a significant decline, says a research note.   In the...

Read More



In a major move, the Reserve Bank of India (RBI) on Friday reduced the trading hours for foreign exchange and bond markets by around four hours, with an aim to thwart risks and impact on liquidity amid reduced staff and logistical support.   The new timings will become effective from...

Read More



Suyash Choudhary 20 March 2020
Global monetary easing is now in full swing with the lead being taken by the US Federal Reserve. Thus the US Fed has cut policy rates to the zero bound, launched a new asset purchase program of at least $700 billion, expanded liquidity via repo operations and undertaken other measures to...

Read More



IANS 08 January 2020
Prices of gold, silver and crude oil surged on Wednesday on the Indian futures market MCX, following the rise in bullion and crude prices in the international market due to deepening military tensions between the US and Iran.   In the domestic futures market, the price of gold rose to...

Read More



Moneylife Digital Team 26 February 2019
Market regulator Securities and Exchange Board of India (SEBI) has declared Anand Rathi Commodities Ltd and Geofin Comtrade Ltd (formerly Geojit Comtrade Ltd) as 'not fit & proper' to hold, directly or indirectly, the certificate of registration as commodity derivatives brokers with immediate...

Read More



IANS 02 August 2018
The Multi Commodity Exchange of India Ltd (MCX) on Wednesday said it has received the recognition from market regulator SEBI to launch operations of its subsidiary, Multi Commodity Exchange Clearing Corporation Ltd (MCXCCL) -- the first clearing corporation in the commodity derivatives...

Read More



In June 2015, Moneylife published the first letter from an anonymous whistleblower on manipulation at the National Stock Exchange (NSE). The letter, and two subsequent ones, triggered a chain of events: a Rs100-crore defamation suit against us by the NSE; a detailed investigation by the market...

Read More



The demand for gold in the first quarter of 2014 was 167.1 tonnes   The demand for gold in India for the first quarter (January-March) of 2015 was at 191.7 tonnes, up by 15 percent as compared to the corresponding period of 2014, World Gold Council (WGC) said in a report on...

Read More



TruthInAdvertising.org 17 February 2015
    Precious metals seller paints a grim financial picture. But investing in gold or silver may not brighten the day   In case you missed it amid dystopian images of rising debt clocks and an explosion that apparently signifies “political upheaval,” let us point you to...

Read More



Moneylife Digital Team 01 December 2014
In July, crude oil price was around $100. Now it’s around $65. What has caused the oil price to crash 35% suddenly?   The US Benchmark Western Texas Intermediate (WTI) fell to $64.47 today which was its lowest level since May 2010. This comes after the WTI contracts for January had...

Read More



Akash Karmarkar 08 August 2014
While Bitcoin investors have been quick to revolt against regulations, the system reeks of a lack of transparency and Bitcoins have exhibited a characteristic typical of a highly speculative market   Bitcoin is a highly speculative and unregulated virtual instrument, which has been...

Read More



Moneylife Digital Team 16 June 2014
Over the past two weeks, gold prices across the globe have increased due to rising violence in Iraq that spurred demand for the yellow metal   The Indian government on Monday hiked the import tariff value on gold and silver to $411 per 10 grams and $632 per kg, respectively. Global...

Read More



Moneylife Digital Team 28 April 2014
Since bourses are already collecting annual subscription charges from members, it is the responsibility of the exchanges to conduct such audits at their own cost, the commodity markets regulator said Commodity markets regulator, Forward Markets Commission (FMC), has asked national...

Read More



There are reports of fake Indian currencies pouring in from across the border. The RBI can stop or at least, reduce to a great extent, the fake currency menace by introducing polymer currency notes at the earliest The election fever is on and heads have started rolling in allegations and...

Read More

Free Helpline
Legal Credit
Feedback