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FUEL COST SURGE
Why AI data centers are powering a boom in fuel-cell demandA fuel cell generates electricity through a chemical reaction between a fuel, such as natural gas or hydrogen, and oxygen, converting the f...- 5 world market themes for the week aheadAn important week is upcoming with central banks like the Federal Reserve and European Central Bank making policy decisions. Major companie...
- Shree Cement profit falls 15% YoY to Rs 263 crore on higher fuel costsShree Cement’s September-quarter net profit fell over 15% year-on-year to Rs 263 crore for the third consecutive quarterly decline. Revenue...
- Gas prices in US hit $4.29 nationwide as California, Hawaii pay over $5; October on track for recordGas prices have climbed above $4 per gallon nationwide as the Iran war disrupts global oil supplies, putting October on track to become the...
- Trump invokes Cold War-era Defense Production Act for oil production, refiningUS President Donald Trump has determined that petroleum production and refining are essential for national defense. This decision allows po...
- India's copper demand rises 12% to 2,100 KT in FY26India's copper demand rose to 2,100 kilotonnes in FY'26, reflecting a 12% increase from the previous year. This growth was primarily driven...
- Hormuz war risk pushes crude shipping costs sevenfold, squeezes refiners' margins: Goldman SachsGlobal crude oil freight rates are rising due to war-related risks in the Strait of Hormuz and increased ship-to-ship transfers. Goldman Sa...
- Global Market: UK inflation rises to 3.5% in September, boosting rate hike betsUK inflation rises to 3.5% in September from 3.1% in August, exceeding expectations as higher fuel prices linked to the Iran war add to pri...
- ECB says AI, greener economy help euro zone weather energy shockDespite facing substantial energy challenges from escalating oil and gas prices, the euro zone economy has shown resilience in growth. Econ...
- India’s drought-hit maize crunch pits poultry, ethanol makers in ‘me first’ fightDrought conditions have caused a significant decrease in maize supply, leading to competition among industries for access. Poultry producer...
- Aerospace and military contractors raise 2026 profit forecastsNorthrop Grumman and RTX have raised their annual profit forecasts due to strong military demand. The companies reported record backlogs of...
- Asia’s resilience masks a growing jobs challenge as AI reshapes workThe Asia-Pacific region has shown resilience despite energy shocks and trade restrictions, with the IMF projecting 4.8% growth. While some ...
- India braces for first Diwali after Gulf war with tighter budgetsAs households prepare for Diwali, rising food prices and travel expenses are impacting festive budgets significantly. Increased costs for e...
- Expensive flights, struggling airlines: Why India's airfare crisis has no easy fix for passengersIndia's proposed new airfare framework would require airlines to submit fare structures to the DGCA a month in advance, amid festive-season...
- Govt shelves import plan to tackle diminished coal stockpilesIndia has shelved a proposal to mandate coal imports because of rising costs and a weaker rupee. Policymakers are instead encouraging Coal ...
- 'Govt has no plans to regulate airfares'India's government has clarified that it will not regulate ticket prices for airlines under new rules. The new air fare regulations will al...
- France protests: How a viral TikTok rumour, 132 million views and the ‘Young Vests’ slogan revived memories of the 2018 Yellow Vests movementFrance protests on October 17 drew attention to a viral TikTok campaign that reportedly garnered 132 million views and 18 million likes. Th...
- Festive demand drives India's diesel sales in October, data showsIndian diesel consumption has risen significantly, driven by increased demand from the agriculture and transportation sectors. State-run fu...
- US PPI inflation surges 1.3% as gasoline prices jump 20.3% - why are Treasury yields falling?US PPI inflation jumped 1.3% in September as gasoline prices surged 20.3%, marking the biggest monthly increase since March 2022. Producer ...
- US diesel prices surge 70% amid Iran war: Can Trump-Putin deal bring relief to truckers and stop grocery prices from rising?Diesel prices impact on trucking: US diesel prices have surged 70% since the US-Israeli war with Iran began, putting growing pressure on tr...
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