Media Monitor
Competition
Goodyear India Q4 net loss at Rs 4.2 cr on weak demand for tractors, trucksedit
Tyremaker Goodyear India on Monday reported a fourth-quarter loss as sales of commercial vehicles like tractors and trucks dipped, and customers also put off refurbishing their vehicles. The Indian unit of U.S.-based Goodyear Tire’s standalone net loss stood at Rs 4.21 crore ($506,606.34) for the three months to March 31 from a profit of Rs 33.61 crore a year earlier.
Monsoon + Indian Agriculture
Rain leaves earth soggy, prevents pre-kharif sowing in Karnatakaedit
Pre-kharif sowing has started in Karnataka after much delay this year. Good showers in the past few weeks came as relief to distressed farmers, however, due to excess moisture in the soil at many places, sowing has not been done as per target so far.
India still expects above average monsoon rains in a boost for agricultureedit
India is likely to receive above-average monsoon rains this year, the weather office said on Monday, retaining its April forecast and keeping alive the possibility of higher farm output and economic growth in Asia’s third-biggest economy.
Paddy in India
Pay compensation to paddy farmers, Speaker tells Tamil Nadu CMedit
Assembly Speaker M Appavu submitted a petition to Chief Minister MK Stalin on Sunday demanding compensation for the paddy farmers, who suffered crop damage due to unseasonal rainfall in Panagudi, Radhapuram and Thisayanvilai areas.
Order probe into paddy procurement, demands BRSedit
BRS on Monday demanded the Congress govt to order a judicial inquiry by a sitting judge into the paddy procurement process and also cancel the tenders on fine rice procurement. Addressing a press conference at Telangana Bhavan, former chairman of Telangana Civil Supplies Corporation Sardar Ravinder Singh said, “Civil supplies minister N Uttam Kumar Reddy did not answer the questions being raised by BRS and party working president KT Rama Rao on paddy and fine rice procurement.