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NR PRODUCTION
RBI looks to revive NRI deposit growth through FCNR(B) route, NRO accounts grow fastest: Bank of Baroda reportThe Reserve Bank of India's latest measures to attract foreign currency deposits could help revive NRI inflows after growth stalled in FY26...
Can NRIs use Indian mobile numbers abroad for banking? OTP delays, SIM deactivation and account access issues, know what to doNRIs managing finances abroad often face OTP issues with their Indian mobile numbers. While banks are increasingly supporting international...
Weaker monsoon prediction, Iran war cloud growth outlookIndia's rural economy is faced with potential challenges. A weaker monsoon and rising farm costs from the Iran war could impact growth this...
Nearly 30,000 Railway jobs to be surrendered, redistributed: Which zones will be most impacted?Railway Board writes that the zone-wise annual MoU targets for manpower rationalisation (redistribution+surrender) Key Performance Indicato...
India facing acute shortage of natural rubber, prices soarIndia experienced an alarming shortfall in natural rubber for 2023-24, with domestic production unable to meet the growing demand. Rising i...
Vast stretch of land identified in North East and West Bengal for rubber cultivationImport of NR increased to 546,369 tonnes during 2021-22 compared to 410,478 tonnes during 2020-21. 60% of the import was through duty paid ...
Draft rubber bill proposes one-time registration, removal of some archaic provisionsThe commerce ministry has proposed the repeal of decades-old laws on rubber and introduced new legislation that seeks to address the challe...
Tyre industry body ATMA urges government to allow duty-free import of natural rubber"With the production of 7,90,000 tonnes as projected (in normal scenario) by Rubber Board, NR imports to the tune of at least 5 lakh tonnes...
Rubber output hits a 6-year low of 1.26 LTFor the second consecutive month in June, NR consumption breached the one lakh-tonne mark.
Natural rubber production rises marginally while consumption peaks for 2017-18M K Shanmuga Sundaram, chairman and ED of Rubber Board said the natural rubber (NR) production increased by 0.4% from a year ago to 694,000...
Indian tyre makers rue shortfall of natural rubberThe tyre industry has been importing block rubber available at?95 per kg to bridge the deficit between production and consumption.
NR imports declined due to improved domestic availability: ATMARecently Rubber Board had released fresh data for the financial year 2016-17 that showed NR imports declining by 7% as production moved up ...
Natural Rubber output to surpass demand by over 3 million tonnes in 2017 says ANRPCAs per the report released by the association on Wednesday, the total NR production of the member countries is expected to increase by 4.2%...
Natural rubber production steadily climbingTotal production in the current fiscal up to January 2017 is 5,65,000 tonnes whereas it was 4,92,000 tonnes during the same period last yea...
Favourable demand-supply situation is prevailing in 2016: ANRPCThe total NR production will touch 11.08 million tonnes in the year, up by 0.1 % over last year, the report said. Till November, the produc...
Rubber MSMEs voice concern on supply crunch, volatility in priceAll India Rubber Industries Association (AIRIA) has stated that domestic natural rubber (NR) production has hit multi-year low causing a su...
Rubber and tyre industry says imports have been less than production-consumption gap this yearQuoting Rubber Board data, the industry has stated that against NR production-consumption gap of 2.55 lakh tonnes in the April-Oct period.
Falling crude oil prices to bring down prices of synthetic rubberAfter the slump in natural rubber (NR) prices, it seems to be the turn of synthetic rubber (SR), with crude oil prices hovering around $50 ...
Tyre industry for urgent measures to arrest the slid in natural rubber productionThe data for production released by Rubber Board showed a significant drop in production of 11% in the first two months of current fiscal.
- Slow replantations to cut rubber output
Industries ranging from tyre and auto components to footwear which use natural rubber (NR) as a raw material may face a supply bottleneck.