logo

Indian community futures industry to boom


India's commodity futures industry is expected to exceed INR150,000 crore ($32.75 billion) worth of underlying business in 2003-04, up 50% from the previous year, according to a government report.

The Report of the Inter-Ministerial Task Force On Convergence of Securities and Commodity Derivatives Markets said INR35,000 crore was traded in 2001-02, and INR100,000 crore in the...

The rest of this article is for subscribers only. Would you like to take a free trial?

Free trial

  • News & Analysis access
  • Extensive data searches
  • Access to archive
  • Weekly newsletter