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ENERGY COSTS
UK PM Burnham unveils energy tax cut, tells ministers to cut living costsAndy Burnham became Britain's new prime minister and announced an energy tax cut. This policy aims to reduce the cost of living for househo...- India's clean energy growth like Tendulkar, Vaibhav Sooryavanshi rolled into one: UN climate chiefIndia possesses strong competitive advantages in the global clean energy race. The nation's tech-savvy workforce and renewable energy growt...
- Europe heatwave: The thermometer is flashing red for the continent's economyEurope's heatwave is becoming a growing economic threat as extreme temperatures disrupt transport, reduce labour productivity, damage agric...
- Adani Energy Q1 Results: Profit zooms 124% YoY to Rs 1,149 crore; revenue jumps 42%Adani Energy Solutions reported a 124 percent profit increase year-on-year. Revenue from operations also saw a substantial 42 percent rise ...
- New PM Andy Burnham sets out first steps to reshape BritainAndy Burnham begins his premiership by unveiling plans to ease living costs. He aims to improve public finances and end political uncertain...
- Global Market: Euro Zone firms see slower price and wage growth, ECB survey showsEuro zone companies expect slower growth in selling prices and wages over the next year, according to the ECB's latest survey, signalling t...
- Global Market: European shares dip as oil surge fuels inflation fears ahead of ECB meetingEuropean shares dipped slightly as oil prices climbed due to escalating US-Iran tensions. This surge revived inflation concerns and impacte...
- Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...
- Refining gains, clean energy push lift Reliance outlook despite retail dragReliance Industries' energy division performance offset retail and Jio BP weakness in the June quarter. Elevated product cracks are expecte...
- Downstream aluminium industry says duty structure hurting competitiveness, seeks reliefDownstream aluminium manufacturers are urging the government to reduce import duties. Higher global metal prices and freight costs pressure...
- A $5 trillion idea to save energy is hiding in plain sightEnergy efficiency offers a simple, effective solution to rising global energy demands. This approach can create trillions in economic value...
- Global Market: ECB weighs inflation risks, digital Euro progress at July meetingAccording to Reuters, policymakers are widely expected to keep the ECB's key interest rate unchanged at 2.25%, following June's surprise ra...
- US retail sales lose steam in June as consumers pull backIn June, US retail sales experienced a modest uptick, signaling a slowdown in consumer spending. This increase was markedly weaker compared...
- US Stock Market: Fed Beige Book signals improving economy as inflation eases, but fuel costs and tariffs remain risksThe US economy shows moderate expansion with improving employment figures. Inflation is easing across Federal Reserve districts, though fue...
- Gold steady as Mideast escalation tempers easing inflation optimismGold prices remained stable as U.S. inflation data showed easing pressures. However, Middle East conflict escalation drove oil prices highe...
- US consumer inflation cools in June on lower energy costsUS consumer inflation cooled more than anticipated in June, government data showed. Energy prices fell momentarily last month, aiding the i...
- Global Market: UK bond yields hit one-month high as Middle East tensions boost rate-hike expectationsMiddle East tensions are driving oil prices higher and impacting global energy supplies. This surge in oil prices is fueling inflation conc...
- Most people never think about roof color, but Berkeley Lab found swapping a dark roof for a reflective "cool roof" cuts a building's annual air-conditioning energy use by 5–20%Dark rooftops absorb sunlight, increasing home temperatures significantly. Reflective cool roofs bounce sunlight back, reducing cooling ene...
- White House to rally utilities, data centers over AI power costsThe White House plans a voluntary pledge for utility companies and data centers. This initiative aims to manage AI's growing electricity de...
- US Stock Market: Inflation gathers pace as tariffs, energy costs and AI investment lift price pressures, says FedU.S. inflation accelerated during spring due to tariffs and rising energy costs. The Federal Reserve's report shows inflation remains signi...
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