Rigging at India’s commodity exchanges behind price rise: Assocham

Many consumer rights groups have faulted trading in agricultural commodity price futures for the rapid rise in prices, but now, even the trade bodies are joining in. Industry body Assocham gave out a strongly-worded statement decrying what it called the Harshad-Mehta-scam-like situation in India’s commodity exchanges, fueling a fantastic rise in prices. “Turmeric, which was […]

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