Commodity bourse

Commodity bourse

NEW DELHI: The government has given an in-principle clearance for setting up of a National Multi-Commodity Exchange (NMCE) for allowing futures trading in various commodities, a top government official said today. "In-principle clearance has been given for the National Multi-Commodity Exchange at the highest level of the government and the proposal for the exchange has been approved by RBI and financial institutions," secretary, consumer affairs, K Srinivasan told reporters here. NTT says Docomo not preparing Orange bid