Area sown under kharif crop increases to over 979 lakh hectares

IANS | August 12, 2024 9:02 PM

New Delhi, Aug 12 (IANS) The area under kharif crop sowing this year has gone up to 979.9 lakh hectares this year compared to 966.4 hectares in the same period last year due to the better monsoon, data released by the Ministry of Agriculture and Farmers Welfare showed on Monday.

Hindenburg report fizzles out, investors’ trust remains in stock markets

IANS | August 12, 2024 3:47 PM

Mumbai, Aug 12 (IANS) Indian investors rejected the latest Hindenburg allegations against SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch, as the benchmark indices ended largely flat on Monday, against the predictions of many, including Leader of Opposition (LoP) Rahul Gandhi, about an imminent crash following the report.

Emkay Global gives Adani Green Energy 'buy' rating, target price of Rs 2,550 per share

IANS | August 12, 2024 1:14 PM

Mumbai, Aug 12 (IANS) Adani Green Energy Ltd (AGEL) has shown remarkable growth with its operational renewable energy (RE) capacity expanding at a 41 per cent CAGR over the past five years, brokerage firm Emkay Global said on Monday, initiating coverage on the company with a 'buy' recommendation and a target price of Rs 2,550 per share -- over 50 per cent upside from current levels.

India to surpass China to become world’s largest 2-wheeler market in 2024

IANS | August 9, 2024 12:11 PM

New Delhi, Aug 9 (IANS) India is projected to surpass China this year to become the world’s largest two-wheeler (2W) market, a report said on Friday. The robust economic growth, consumer preference for 2Ws for short-distance commutes, and increasing 2W demand in the shared mobility space will help India overtake China, according to Counterpoint Research.