The Hindu Business Line : Tuesday, July 31, 2007

FARM CREDIT
Loan-waiver scheme sought for AP ryots
Guntur, July 30 The Union Government and the Andhra Pradesh Government should make an earnest attempt to solve the problem of rural indebtedness by formulating and implementing a loan waiver scheme for small and marginal farmers in the State, ... More

CLIMATE & WEATHER
Shifting trough set to lift rains in east, northeast
The India Meteorological Department (IMD) has officially put northwest and adjoining west-central Bay of Bengal under the radar for a low-pressure area expected to brew from August 4. An IMD forecast confirmed that a preparatory upper air ... More

RUBBER
Spot rubber up on global cues
Kottayam, July 30 Spot rubber prices ruled firm on Monday. Major grades improved taking support from a better closing in overseas markets and corresponding bullishness in domestic futures. Supply to main marketing centres continued to be thin. ... More

TEA
Coonoor tea prices touch 52-week low
Coonoor, July 30 Prices dropped to new lows at the Coonoor Tea Trade Association (CTTA) auctions on Friday with the demand remaining inadequate to absorb the volume at high bids.Prices, which had slumped to Rs 34 a kg in the last ... More

McLeod Russel plans to go slow on exports
Will focus more on domestic market More

FINANCIAL PERFORMANCE
KS Oils Q1 net trebles
KS Oils reported 177 per cent rise in net profit at Rs 23.61 crore for the quarter ended June 30 against Rs 8.51 crore in the samequarter last year. Sales in first quarter of FY ’08 increased 69 per cent to Rs 366.33 crore (Rs 216.48 ... More

McLeod Russel net profit up at Rs 19 cr
During the quarter ended June 30, 2007, McLeod Russel India Ltd posted a huge jump in profits on an estimated 3.5 per cent growth in sales at Rs 73.55 crore (Rs 71.09 crore in the same period last year). The profit before tax amounted ... More

COTTON
Record cotton export, crop likely in 2007-08
Production may top 300 lakh bales More

SCIENCE & TECHNOLOGY
DST uses remote sensing to estimate crop output data
New Delhi, July 30 The Department of Science and Technology is trying to estimatethe total crop production in the country using remote sensing technology over the next six months. The DST has worked out an algorithm using various inputs like ... More

EVENTS
PM to hold meet on farm plan
Hyderabad, July 30 The Prime Minister, Dr Manmohan Singh, will hold a high-level meeting with the Chief Minister, Dr Y.S. Rajasekhara Reddy, the Agriculture Minister, Mr N. Raghuveera Reddy, and top officials to discuss the growth plan for ... More

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