Sugar production in Asia is expected to be significantly lower in the 2016-17 sugar season as the 2015 El Nino-induced drought pulled output down to a five-year low, a Rabo Bank report said.
The aim is to improve the livelihoods of small-scale farmers, as well as enhancing sustainable economic development in a socially responsible manner, Rabo Bank said in a statement.
The recent run on Russian currency ruble has given birth to murmurs that Russia may default and that capital control is on the cards. Expressing his views on the subject, Rabo Bank's Piotr Matys explains why such a possibility is remote despite the fact that an emergency rate hike has done little to stop ruble's slide.
In an interview to CNBC-TV18, Jan Lambregts of Rabo Bank said, he would not take any temporarily relief in the equity markets as being a permanent state of affairs. According to him, Greece is completely bankrupt.
The Securities Appellate Tribunal (SAT) today kept July 13 as the date for final hearing in the Enam Securities as against the Securities and Exchange Board of India’s tussle over alleged discrepancies in the Yes Bank IPO.