Interview with NCDEX's CEO Ramalingam Ramaseshan


Commodities trading in India has a long history, but its development has been rife with complications. India’s first commodity exchange, the Bombay Cotton Trade Association, dates back to 1875. However, once India gained its independence in 1947, its newly formed government quickly took control of commodity trading, and excessive speculation and wide price fluctuations prompted the government to prohibit certain products from being traded.

Ultimately, during the 1970s, most of the registered

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