KERALA'S National Multi-Commodity Exchange of India (NMCE) finally began futures trading in cardamom and pulses on February 11 at the Geojit Securities in Kochi. As the leading global producer of cardamom and until recently the largest exporter, India has had limited exports, partly because of heavy domestic demand for the spice. In an attempt to boost trading, the launch of a futures trading contract has been in the pipeline for a while and now it has finally got under way... Read More