Multi Commodity Exchange of India Limited (MCX) has opened five new delivery centers for gold in Hyderabad, Chennai, Kochi, Kolkata and Bangalore.. The move intends at bringing more inclusion of regional small & medium jewellers into organized hedging and delivery mechanism.. Read more..
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Diwali, the Festival of Lights, is the most significant festivals in Indian culture. The theme of Diwali runs throughout the
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Meantime, the RBI has said that it will infuse Rs 40,000 crore into the system in November by buying govt bonds by way of open market operations for maintaining liquidity in the market.
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With growing global oil production and the market turning towards a situation where supply may well overrun demand, traders are cautious of building up positions in crude futures.
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