The Multi-Commodity Exchange (MCX) of India has introduced Crude Oil Minis from March 3, 2023. These are small-size contracts with smaller minimum lot sizes (in the case of crude mini, 10 barrels/lot) to encourage smaller traders and dealers to trade in these goods or hedge against market volatilities more effectively. Crude Oil Minis were discontinued …
Everyone has a goal. We all wish to save enough to lead a comfortable life, take international vacations, retire early, and be able to enjoy the simple luxuries of life. The problem with these goals is not that one is being overly ambitious and cannot achieve them. The inherent issue is that we have not …
An Overview The share price of Indian Metals & Ferro Alloys was up 3% intraday on 26th November to Rs 814.10 after the firm’s board of directors approved the issuance of bonus shares. At their meeting on 26th November 2021, the board of directors of Indian Metals & Ferro Alloys approved the issue of bonus …
In our previous Blog (Blog 8 – Indian Banking Sector Update – Part 1) we had stated that the next Blog would contain what to expect from the Banking Sector in FY22 and top banks based on market capitalization. Before we get into the details we must first focus on the few other data points …
The Insurance Regulatory and Development Authority of India (IRDAI) has mandated the dematerialisation of a new insurance policy by December 2022. The existing/old policies should also be mandatorily dematerialised by 2023. It has been stated by the IRDAI that eKYC will also become mandatory starting from Nov 1. This will additionally be helpful for dematerialising …
Right after announcing its strategic partnership with TVS Motor Company, Tata Power saw its share price reach a 52-week high on Tuesday. Shares of the Mumbai-based firm closed at Rs. 179.65 per price on the BSE, seeing a 6.5% intraday rise on 5 October. Shares of TVS Motor have also seen a price rise on …
Social Stock Exchange is slowly evolving as a potential funding mechanism for a lot of non-profit organisations. In India, many NPOs face trust deficits which prevent them from doing many social activities. SSE was introduced to reduce this problem so that NPOs face fewer challenges to operate. SSE is formed with the intent to give …
The Multi-Commodity Exchange of India has introduced the Aluminium Mini, Lead Mini and Zinc Mini futures contracts. These futures contracts will basically have a much smaller minimum lot size value in order to enable smaller traders and industries to either trade these goods or hedge their supplies of these goods respectively. Launch dates of the …
News that Amazon will offer wealth management services in India broke on a leading daily on 8 September 2021. This certainly marks a changing landscape in the financial sector of India. The news followed Google Pay’s offer to open fixed deposits in India. These moves mark a transition that experts are keen to follow. Let’s …
After years of delay, it seems like the roadblock is finally over for electricity futures to trade in the Indian derivative market. It will allow both producers and consumers to enter into futures and options deals to hedge against price volatility and other associated risks. The decision was pending for some time now since discussion …
