Low cane yield in major states like Maharashtra and Karnataka is one of the major reasons for the drop in sugar output. Reuters has reported that on an average, farmers reported a 15-35% drop in cane yield.
No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressure
The Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trillion erased in June, markets are shifting