30.09.2008 - US crisis not to hit Indian commodities sector, says Regulator
From Commodityonline.com: Will the financial tumoil in the United States that has hit investment banks badly affect the commodities sector in India? Not really, says India's apex commodities market regulator the Forward Markets Commission (FMC). According to FMC Chairman B C Khatua, Indian commodities sector is largely insured against any major crisis thanks to the unprecedented financial meltdown in America economy. But he said India needs to strengthen the regulatory mechanism for commodity futures trading..... Full Article: Source
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