Sebi’s margin rules change harming commodities more than equities

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Changes to margin rules by Sebi have impacted trading volumes across asset classes over the past few months. Although the move is aimed at preventing brokers from providing excessive leverage to traders, limiting risk and protecting retail investors, margin funding is an important tool for smaller brokers and some market participants say further tightening of […]

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Oil marketing companies in India hike margins while consumers pay hefty price for fuel: ICICI Securities

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Even as consumers continue to pay higher prices for petrol and diesel, country’s biggest oil marketing companies are expected to reap in higher margins on sale of the two products substantially improving their profitability, claims a report by ICICI Securities. As per oil sector analysts of ICICI Securities, at current retail price of petrol and diesel, OMCs are […]

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India’s sugar production to increase to 305 lakh tonnes in marketing year 2020-21: Ind-Ra

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Ratings agency, India Ratings (Ind-Ra) said it expects sugar production to increase to 305 lakh tonnes in sugar year 2020-21 (SS21), factoring in a cane diversion equivalent to 15 lakh tonnes of sugar. Domestic oversupply will continue in Sugar Season (SS) 2021 due to high carryover stocks and an expected increase in production, it said […]

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Oil companies reviving marketing margins by raising retail prices of auto fuels for 10 days in row: ICICI Securities

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India’s Oil-marketing companies (OMCs)  have raised retail prices of auto fuels for the 10th day in a row to revive their marketing margins. Diesel cost Rs 75.19/litre in the national capital and petrol Rs 76.73/litre. Rates have been rising continuously since June 6, when diesel and petrol was priced Rs 69.39/litre and Rs 71.26/litre, respectively. […]

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India’s fuel blues to get worse

With oil turning costlier relentlessly – Brent crude went past $80 a barrel yesterday, up 3.3 per cent from a week ago and a three-and-half-year high – the cost of Indian basket went to a prohibitive $76 a barrel. Add to that rupee falling sharply against the dollar, and the government refusing point blank on […]

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Fertiliser sales volume to witness healthy recovery in first half of FY2018: ICRA

Predicting a healthy recovery in fertiliser sales volumes during April-September, 2017, thanks to the outset of decent monsoon, ICRA Ratings warns that GST (Goods and Services Tax) might impact the margins of Di Ammonium Phosphates (DAP) and other Nitrogen, Phosphorus and Potassium (NPK) fertilisers. Primary fertiliser sale was lower by nearly 7% in FY2017 driven […]

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