Electronic marketplaces for commodities need to be polished to perfection – Economic Times

BY MRUGANK PARANJAPEThe history of commodity trading in India is as old as India’s civilisation. Man’s quest for commodities made them travel across central Asia and Europe from where he sourced a variety of commodities: from Bengal’s muslin to Malabar’s spices. Equally fascinating is the transformational journey of commodity markets –– from barter to organised …

Russia and China are looking at launching joint projects worth more than $100 billion – CNBC

A group composed of Russian and Chinese businesses is considering 73 joint investment projects cumulatively worth more than $100 billion, according to a Tuesday statement. Cooperation between China and Russia is an issue of global importance as both nations try to achieve economic stability despite the pain of U.S. penalties — sanctions against Russia, and …