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ECONOMIC DATA GOVERNMENT SHUTDOWN
India's battery makers say new recycling rules may pull the plug on their businessIndia's dry cell battery giants, including Eveready and Panasonic, are warning of potential shutdowns due to new government recycling rules...- Coal stocks at power plants seen at 42 MT as demand surgesCoal stocks at thermal power plants are projected to be around 42 million tonnes at the monsoon's onset, a dip from last year's 58 million ...
- India's AI boom cannot ignore its water crunchIndia's AI growth risks exacerbating severe water stress as data centers, crucial for AI infrastructure, consume vast amounts of water. Cit...
- STT, Tata Delhi data centre fire leaves clients fearing decades of data lost; Google hitA devastating fire at a New Delhi data centre, a joint venture between ST Telemedia and Tata Communications, has crippled Google Cloud serv...
- Service output index to debut next month with FY25 baseIndia is set to launch the Index of Service Production (ISP) next month, a crucial new monthly indicator mirroring the Industrial Productio...
- India to release first-ever monthly index tracking services sector output from July 14India is launching a new Index of Services Production (ISP) to track the services sector's growth, mirroring the Index of Industrial Produc...
- Tata unit says 'extensive damage' from fire at Delhi data centre hampers recoveryA devastating fire at a New Delhi data center, co-owned by Singapore's ST Telemedia and India's Tata Communications, has caused extensive d...
- MoSPI releases discussion paper to identify apt method to compile coal monetary asset accountsIndia's Ministry of Statistics has released a discussion paper on valuing coal assets monetarily, aligning with UN environmental accounting...
- Shutdown across Ladakh as LAB, KDA push for 'credible dialogue' with CentreLadakh observed a shutdown as the Leh Apex Body and Kargil Democratic Alliance protested the Centre's alleged failure to honor agreements f...
- National Highway shutdown by Kuki groups continuesThe emergency shutdown of National Highway-2 in Manipur by Kuki civil society groups continued for a second day, blocking key stretches in ...
- Entire political science of data doctoring: Congress slams govt on rural wage figuresThe Congress party has accused the Modi government of artificially inflating rural wage growth figures. According to Congress general secre...
- 'We will talk in 5 years': Sridhar Vembu reacts to IBM CEO Arvind Krishna's statement on 'multi-trillion dollar AI data center bubble'Zoho founder Sridhar Vembu dismisses the massive AI data center buildout as a potential bubble, contrasting IBM CEO Arvind Krishna's concer...
- US Stock Market: Foreign demand for US Treasuries rises in April, led by Japan and UKForeign investors continue to show strong interest in U.S. Treasury securities, with holdings inching up in April to $9.352 trillion. This ...
- Global Market: Japan's benchmark bond yields extend gains as inflation, fiscal concerns weighJapanese government bond yields are climbing as persistent inflation and fiscal concerns weigh on investors. A new government growth strate...
- Beyond West Asia conflict: India's oil imports back on track, boosted by record Russian shipmentsIndia’s crude oil imports have returned to normal levels in June, recovering after earlier disruptions caused by geopolitical tensions and ...
- Ladakh groups call for shutdown, citing 'mistrust' with Centre over May 22 meeting minutesLadakh's apex bodies have called for a region-wide shutdown on June 23, accusing the Centre of omitting key decisions from official minutes...
- Early users of Anthropic's Mythos still have access after US order: ReportSelect companies continue to access Anthropic's Mythos AI preview. This access remains despite a US government directive that halted other ...
- Starbucks Korea to shut 2,000 stores to teach history lessons to employeesStarbucks Korea is closing over 2,000 stores for mandatory history and social sensitivity training after a marketing campaign sparked outra...
- Companies need flexibility, choice as AI becomes a geopolitical issueIndia is one of the fastest growing markets for Databricks, and last year the firm announced a $250 million investment in India to ramp up ...
- Moscow oil refinery damaged in Ukrainian drone attack: Moscow Mayor Sergei SobyaninA Ukrainian drone struck a Gazpromneft oil refinery near Moscow. The facility sustained damage. No casualties were reported. Emergency serv...
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