Bonds, Currencies & Commodities
Natural Rubber

According to Association of Natural Rubber Producing Countries (ANRPC), global natural rubber output would fall 2.2% to 8.9 million tonnes in 2009. It also reported that Thailand, which accounts for about 33% of the global supply, has dropped its production by 13.9% during the first two months of 2009, whereas Indonesia, which accounts for around 29%, has reduced its production by 6% expecting to bring down the global supply by 165,000 tonnes. The group revised down the production forecasts of India for 2009 in the backdrop of a severe drought during the first quarter of the year 2009 in the country’s major rubber-growing region. Since the auto industry has been showing signs of recovery, demand for rubber by tyre companies has increased and tight supplies have led to an increase of 37% in the rubber price over March 2009.

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Crosshairs: Dented Credibility of SEBI

Dented Credibility of SEBI

On 13th April, the Securities and Exchange Board of India (SEBI)...

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The Economics of Piracy

Somali pirates are running riot in the Indian Ocean, capturing a British ship, a French yacht, a...

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