The Hindu Business Line : Sunday, July 20, 2003

Crop prices rule higher, may boost farm incomes
IT is not only copious monsoon rainfall and the imposition of a 9 per cent interest ceiling on crop loans up to Rs 50,000 that provide some cause for cheer to the country's battered farming community. There is an additional factor that could ... More

SBI cuts farm loan rates to 8.75 pc
STATE Bank of India (SBI) has reduced the interest rate on short-term agricultural loans by 0.5 percentage points to 8.75 per cent. The revised rate would be effective from July 15. SBI is the first bank to announce the cut in crop loan rates ... More

First debt buyback auction fetches only 14 pc of total target
THE Union Government's attempt to buyback its high cost debts from banks and FIs received a `tepid' response with the first auction today fetching just 14 per cent of the total targeted amount. While the Government had offered to repurchase 19 ... More

Fly IA, Air India and get basmati rice free
IN a few weeks, passengers flying out of India on Air India and Indian Airlines will be served basmati rice and will also get a complimentary `trial' bag of basmati as they leave the flight if a proposal conceived by the Agricultural and ... More

Daimler Chrysler rules out mid-sized/small cars now
DAIMLER Chrysler has ruled out plans to launch mid-sized or small cars in the country till the market is mature for high-priced variants. Daimler Chrysler head for corporate affairs and member of the board of management, Mr Suhas Kadlaskar, ... More