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ENERGY COSTS SURGE
Global energy transition readiness dips, India among top gainers: WEFGlobal energy transition readiness has declined for the first time in over a decade. Geopolitical risks are a major factor. However, India ...- The future of AI may be small, cheap and unprofitable: Joachim KlementA groundbreaking study indicates that lightweight AI models installed on everyday home computers are on the verge of surpassing the robust ...
- US retail sales beat expectations in May as energy costs stay highUS retail sales significantly exceeded expectations in May, climbing 0.9 percent to $763.7 billion, driven by a substantial 3.4 percent inc...
- Global Markets: Japan exports extend growth streak despite Middle East supply disruptionsJapan's exports saw a significant rise in May, fueled by a weaker yen and robust demand for semiconductors. This growth outpaced expectatio...
- Global commodity prices likely to remain elevated amid easing West Asia tensions; India's WPI seen at 7-8% in FY27: ReportGlobal commodity prices will stay high in coming months. Geopolitical tensions in West Asia and bad weather affecting crops are the main re...
- RIL shares jump 6% in 3 days, market cap soars by Rs 1 lakh cr ahead of AGM. Why Morgan Stanley still sees 38% upsideReliance Industries has added over Rs 1 lakh crore in market value in just three trading sessions ahead of its closely watched AGM. Despite...
- India's export outlook is challenging for FY27, but worst is over: Elara SecuritiesIndia's export outlook remains challenging in FY27 amid moderating global demand and elevated electronics imports, but the worst phase appe...
- New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 itemsIndia's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Pric...
- Rupee hits five-week high, ends at 94.71 vs USD on easing Mideast tensionsThe rupee rose 40 paise to close at 94.71 against the US dollar, hitting a five-week high as easing geopolitical tensions in West Asia boos...
- Highly dangerous plutonium offers no quick fix to US nuclear fuel crunchAmerica is exploring turning surplus plutonium into nuclear fuel for new reactors. This move aims to meet rising power demands, particularl...
- WPI inflation surges to all-time high of 9.7% under new seriesIndia's wholesale inflation hit a record 9.7% in May. This marks the first reading under a new Wholesale Price Index series. Fuel and power...
- India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs biteIndia’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflic...
- Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
- European shares rally as Middle East peace hopes drag oil prices lowerEuropean shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-Europe...
- Big corporates plug into electric trucks as rising diesel and logistics expenses drive a rethinkIndian companies are rapidly investing in electric trucks. This shift is driven by fluctuating diesel prices and a focus on sustainability....
- Iran war puts Bangladesh’s nascent industrial dreams at riskBangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts...
- MTAR Tech shares rally 12% after crashing 15% over 2 days. What lies ahead?MTAR Tech shares rebounded 12% after a sharp two-day fall triggered by concerns over a potential project pause linked to Bloom Energy. The ...
- ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
- China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...
- ECB to hike rates as Mideast war pushes up inflationThe European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fuel...
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