India proposes minerals exchange to regulate metals trading
The proposed exchange would facilitate trading in minerals and metals under rules framed by the central government.
It would also maintain a comprehensive data bank of trading activity and include regulations to prevent insider trading and market manipulation.
A government-appointed panel had proposed setting up India's first iron ore exchange to determine the domestic scale price of the key steelmaking raw material, Reuters reported in April last year.
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Reuters
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Reuters
13 hours ago
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