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Scams & Markets

Scams & Markets


The Indian markets have been witness to two major scams in their history which continue to haunt stakeholders in a big way. However, such scams have helped strengthen the system and alerted the regulatory environment. Yogesh Supekar discusses at length the major scams that impacted the Indian markets and how the regulatory system today is more vigilant and proactive than it was when the incidents took place


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NMDC surges over 3 per cent post hiking iron ore prices

Ganesh V / Article rating: 4.5

NMDC today announced a hike in the prices of iron ore. The prices of lump ore (65.5 per cent, 6-40 mm) increased 18.80 per cent to Rs 6,950 per tonne as of April 14, 2021, compared with Rs 5,850 per tonne as of April 3, 2021. The prices of iron ore fines (64 per cent, -10 mm) jumped 10.96 per cent to Rs 5,060 per tonne as of April 14, 2021, as against Rs 4,560 per tonne as of April 3, 2021.