Business Iron ore transportation trucks hit by slump The steep fall in demand for iron ore has affected the resale value of trucks used for their transportation. Earlier these trucks had a resale value of Rs.13-15 lakhs. Now they are available for Rs.8-10 lakhs. Trucks owners are now feeling the heat as income from ore transportation has fallen drastically. More than 12,000 trucks were involved in this business during 2004-2008 when iron ore was in huge demand. (Prajavani, Monday, Nov 3) Onion prices to increase further Onion growers have reason to smile and buyers have to reason to cry. The…
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