Mahindra Farm Equipment raises growth forecast to 6-6.8% for FY25, eyes 16% tractor market growth in H2, ET Auto

Mahindra Farm Equipment raises growth forecast to 6-6.8% for FY25, eyes 16% tractor market growth in H2, ET Auto

Mahindra Farm Equipment, a part of Mahindra and Mahindra’s agriculture industry arm, expects 6-6.8% growth for FY 2025. The company showcased prototypes of alternative fuel tractors such as CNG, CBG, and LNG but is not looking to launch electric tractors. Despite global challenges, the company maintained its position as India’s largest tractor manufacturer with a…

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FDA to pull common but ineffective cold medicine from market

FDA to pull common but ineffective cold medicine from market

The FDA announced plans to remove a common ingredient in cough and cold medicines, oral phenylephrine, from the market due to its ineffectiveness as a nasal decongestant. This decision follows concerns raised by the agency’s advisers about the initial data supporting the ingredient’s approval. Many over-the-counter medications, including Advil, NyQuil, and Sudafed, contain phenylephrine. The…

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Want to invest in China’s hot EV market? The pros share their take

Want to invest in China’s hot EV market? The pros share their take

China’s electric vehicle market is booming, with EV sales up 31% year-to-date. Analysts are optimistic about the sector’s growth, citing government subsidies, advanced technology, and new model launches as driving factors. BYD has been a dominant player, but smaller companies like XPeng and Nio are also gaining traction. Despite competition, BYD’s strong sales volume is…

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