
Monday, December 28, 1998
Amended futures rules are adequate: Ministry
The Union food ministry is of the view that the recent changes, effected in the amendments to the Forward Contracts (Regulation) Act, 1952 ,are sufficient to regulate futures and forward trading in commodities in the liberalised scenario.
Bourses may mull on-line funding system
The Bombay Oilseeds and Oils Exchange (BOOE) plans to approach four other commodity exchanges to discuss modalities of the much-desired common on-line trading system in various commodities.
Court fiat throws hessian bourse off gear
Activities at the East India Jute & Hessian Exchange, the only commodity exchange in the east of the country, have almost come to a standstill from the end of November due to a Calcutta high court order.
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