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ENERGY PRICES IMPACT
India's education crisis: Overqualified yet underqualifiedIndia's education system is leaving graduates both overqualified and underqualified, failing to meet the needs of a changing labour market....
US factory activity accelerates, uncertainty remains high: surveyUS manufacturing activity grew faster in July, reaching a four-year high. The Institute for Supply Management's index rose to 55.6 percent,...
Factories faced weaker demand, higher costs in July as Iran war grinds onIn July, China's manufacturing activity experienced a decline attributed to dwindling demand alongside escalating costs. Meanwhile, the Eur...
West Asia conflict adds fresh cost pressures for India IncA prolonged conflict in West Asia is making it harder for companies to manage costs as volatility in commodity prices, freight rates and cu...
Govt cites global commodity, energy costs for rise in wholesale price inflationWholesale price inflation rose to 9.87 percent in June. This increase was largely driven by global commodity and energy costs. The governme...
Iran war ushers in oil refining golden era. It won't lastWar-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...
Aluminium signals recovery after correction; supply risks and energy concerns may drive the next leg higherThe recent rebound has been supported by tightening global inventories, concerns over energy availability in key producing regions, geopoli...
Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax coll...
Euro zone inflation ticks up in July, bolstering rate hike caseEuro zone inflation increased to 2.9% in July, driven by higher oil prices. Underlying inflation also accelerated, indicating broader price...
Global Market: BOJ keeps rates unchanged, signals readiness for further hikes as yen remains under pressureThe Bank of Japan maintained its key interest rate at 1% on Friday. This decision followed government intervention to support the weakening...
Drone attack in Egypt raises fresh fears over Suez Canal, global oil supplyA drone strike on Egyptian tankers has raised energy security concerns for the Suez Canal. This vital route offers a safe passage for Saudi...
Bank of England policymakers keep rates on hold but more back hikeThe Bank of England decided to keep its benchmark interest rate steady at 3.75 percent. However, three policymakers have pushed for a possi...
Global Market: European shares muted as Middle East tensions, Fed uncertainty offset strong earningsEuropean shares traded in a tight range as investors balanced rising geopolitical tensions in the Middle East and uncertainty over the U.S....
Global Market: Bank of England expected to hold rates steady as inflation risks stay in focusThe Bank of England is expected to hold its benchmark interest rate at 3.75% as policymakers assess inflation risks from geopolitical tensi...
Mideast war supercharges electric car sales: IEASoaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...
India growth resilient amid global uncertainty, but crude risks lingerGlobal uncertainties resurface, impacting the worldwide economic outlook significantly. Resilient domestic demand continues to support Indi...
India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...
Suzlon Energy share price target: Brokerages see up to 35% upside potential. Here’s whySuzlon Energy's net profit fell nearly 6% year-on-year in the first quarter. Revenue from operations, however, grew over 22% during the sam...
China export curbs put $6.5 trillion global supply chains at risk: IEAGlobal supply chains for critical minerals face acute economic security challenges. China's export controls on rare earth elements impacted...
JPMorgan warns super El Niño and oil shock could prop up global inflationA potential "super" El Niño, combined with elevated energy prices, could push global inflation higher next year, with emerging markets faci...