Wheat procurement hits 28.66 million tonne, surpasses last year ahead of target deadline

[ad_1] India’s wheat procurement has surpassed the previous year’s level, reaching 28.66 million tonnes so far in the 2025–26 marketing year, according to official data released on Thursday. This marked the highest procurement since the 2022–23 marketing year, buoyed by expectations of a record wheat output of 115.3 million tonnes this season.In comparison, total wheat…

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BluSmart collapse sparks EV sell-off: Lenders race to recover dues by offloading 1500-2000 vehicles

[ad_1] Indian ride-hailing company BluSmart suspended its operations last month, prompting lenders and leasing firms to begin recovering dues by selling or leasing the electric vehicles they had financed. These lenders include banking, non-banking financial corporations, investment platforms, climate focused financers and other individuals of high net worth who now plan to offload 1500 to…

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Celebi shares crash 10% after India revokes security clearance for Turkey’s Celebi Airport Services ‘in interest of national security’

[ad_1] The company’s shares dropped by 222 points (10%) to TRY 2,002 on May 16, continuing a substantial downward trend. (AI image) Celebi share price crash after India ban: Celebi Hava Servisi AS shares plunged in trade on Thursday with a significant 10% decline on the Istanbul Stock Exchange following the Indian authorities’ withdrawal of…

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India’s defence stocks surge post India-Pakistan ceasefire, China’s defence stocks nosedive

[ad_1] Investors are actively buying into Indian defence stocks following India’s Operation Sindoor. (AI image) India-Pakistan tensions: Defence stocks in India and China tell an interesting tale after the India-Pakistan ceasefire. Post the Pahalgam terror attack, India launched Operation Sindoor to target terrorist camps in Pakistan and Pakistan occupied Kashmir. The neighbouring country’s resulting drone…

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