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ENERGY PRICES INCREASE JULY 2023
EV maker Ather Energy nearly doubles revenues, cuts losses by 71%Ather Energy's revenue nearly doubled to Rs 1,217 crore in the June quarter. Net losses narrowed significantly to Rs 51 crore, showing impr...- 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...
- India's EV sales hit record high as e-2W cross 2 lakh markIndia’s electric vehicle market reached a record in July, with registrations rising over 66% year-on-year to around 3.3 lakh units, driven ...
- Global Market: UK growth at risk as EY flags inflation surge from Hormuz disruptionAccording to Reuters, EY expects the UK economy to expand by 0.8% in 2026 if the vital shipping route reopens by the end of September, befo...
- China factory growth slows to 4-month low in July, survey showsChina's manufacturing sector expanded at its slowest pace in four months during July. Output and new orders rose more slowly, while export ...
- OPEC+ tipped to raise oil output as Middle East war disrupts suppliesOPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustme...
- Nissan Motor India wholesales jump 66.5% to 9,339 units in July, domestic sales more than tripleNissan India reported a substantial 66.5 percent rise in total wholesales last month. Domestic wholesales saw a significant jump to 4,518 u...
- India's record renewable generation in July cuts coal's share in power mix to 1-year lowIndia's coal power generation fell to its lowest point in a year during July. Renewable energy sources reached a record high, contributing ...
- 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: Euro zone, US bond yields log biggest monthly rise since March on Middle East inflation concernsEuro zone and US bond yields recorded their largest monthly increase since March as Middle East conflict concerns renewed inflation fears. ...
- 22k gold rate today: Check 18k, 20k, 22k, 24k gold prices (July 31, 2026) at Tanishq, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and IBJAGold rate today: Gold prices saw a marginal increase at major jewellery brands today. Tanishq's 22k gold rate rose to Rs 13,300 per gram. M...
- 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...
- US inflation slows in June, but reversal likely amid Middle East conflictUS inflation slowed in June, but oil prices may cause a temporary easing. The Personal Consumption Expenditures Price Index rose 3.7 percen...
- In 1985, US generated over six times more electricity than China. By 2025, Dragon was producing more power than US, EU & India combinedChina now generates more electricity than the United States and the European Union combined, marking a dramatic shift after decades of rapi...
- Higher crude oil prices could hit India's fiscal health, finance ministry saysIndia's finance ministry warns of rising crude oil prices impacting fiscal and trade balances. Persistent geopolitical tensions in West Asi...
- Euro zone bond rally ends as oil surge, Fed decision weigh on investorsEuropean bond markets have largely tracked developments in the Gulf conflict since hostilities began in late February, with movements in en...
- Global Market: ECB may need more rate hikes to curb inflation risks, says KazimirSlovak central bank governor Peter Kazimir warned that the European Central Bank may need to raise interest rates at least once more to con...
- Global Market: UK gilt yields hit one-week low as oil prices retreat, easing rate concernsThe decline in oil prices followed a pause in U.S. military attacks on Iran, reducing fears of a prolonged disruption to global energy supp...
- Why the coming winter is going to be a long, cold one for EuropeEurope will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas ...
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