India’s manufacturing sector poised for new era of growth: Nuvama

IANS | August 22, 2024 2:23 PM

Mumbai, Aug 22 (IANS) Wealth management firm, Nuvama, on Thursday, said India has emerged as the sixth-largest manufacturing economy globally while the stage is set for a new era of growth fuelled by recent reforms and strategic initiatives such as the Make in India.

Piyush Goyal red flags predatory pricing by e-commerce giants

IANS | August 21, 2024 2:24 PM

New Delhi, Aug 21 (IANS) Union Commerce Minister Piyush Goyal on Wednesday raised concerns over the rapid expansion of e-commerce firms in the country that is leading to predatory pricing that has the potential to cause long-term damage to small retailers and the broader market.

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.