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Commodities Exchange News

NSEL forms panel; to prepare payment plan by Aug 14

Mumbai: Staring at a payment default, NSEL Monday said it has formed an independent panel to advise and monitor the process for settling Rs 5,600 crore dues and wanted strict action against brokers not cooperating with the payment plan. Meanwhile, ...

What is National Spot Exchange (NSEL)?

National Spot Exchange Ltd. (NSEL) not to be confused with the National Stock Exchange (NSE) is a platform facilitating spot trading in commodities. The national-level, electronic and transparent institution is a joint venture of Financial Technologies India Limited (FTIL) and National ...