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ECONOMIC CRUNCH
TotalEnergies' Saudi Arabia refinery will not be fully repaired until early 2027, CEO Patrick Pouyanne tells French lawmakersTotalEnergies' SATORP refinery in Saudi Arabia is operating at reduced capacity after drone attacks. Full repairs are expected by early 202...- China learns to live on less fuel, to the relief of oil marketsChina's fuel demand has unexpectedly dropped significantly, with gasoline and diesel sales falling as consumers shift to electric vehicles ...
- Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
- AI anxiety, increased benefit costs, inadequate cyber threat literacy among India's top workplace challenges: ReportA new report reveals that increased health costs, AI adoption barriers, regulatory shifts, and poor cyber threat literacy are top HR and ri...
- Where Zepto stands in q-comm; H-1B relief kicks inHappy Wednesday! Zepto's IPO filing reveals where it really stands against Blinkit and Instamart. This and more in today’s ETtech Morning D...
- US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...
- India set to hike biogas prices, subsidies under new programIndia is launching a new program to significantly increase compressed biogas production. Higher guaranteed purchase prices and subsidies wi...
- Indian consumers turn defensive as job fears rise, economic confidence fallsIndian consumers are increasingly concerned about jobs and the economy. This is leading many to reduce spending on non-essentials like dini...
- Over 60% of pharma MSMEs yet to comply with updated manufacturing normsPharma industry officials say the revised Schedule M regulations could require Rs 10-15 crore per facility in upgrades, while talent shorta...
- AI era: Chipmakers Micron and SK Hynix join the elite $1 trillion market cap clubThe global AI boom has transformed the semiconductor industry, pushing Micron and SK Hynix past the $1 trillion market value mark. Surging ...
- TRAI, network clarity, please?India's digital future hinges on 5G network slicing. This technology allows for dedicated network segments, promising enhanced services for...
- Mutual funds cut exposure to private banks for 2nd straight month in April. Is banking sector under pressure?Mutual funds reduced their exposure to private banks for the second consecutive month in April, driven by tactical rotation and near-term e...
- WeWork CEO John Santora's warning to senior leaders on Gen Z: 'AI is not going to provide empathy, leadership, and mentoring.'Young professionals face a tough job market, with AI's rise causing anxiety. However, experts suggest this is a cyclical shift, not an AI-d...
- Charting the Global Economy: Factory activity sags on inflationGlobal economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crun...
- War weighs on global growth with price worries intensifyingGlobal economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors...
- Ahead of Market: 10 things that will decide stock market action on ThursdayBenchmark indices closed marginally higher on Wednesday, led by gains in banking and auto shares, while IT and FMCG stocks capped advances....
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- Waiting for your dream phone to get cheaper? That moment may never comeSmartphone prices are no longer dropping predictably. The demand for AI chips is causing component costs to surge. This means phones are la...
- Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
- Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...
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