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GLOBAL ENERGY MARKET IMPACT
Energy prices in USA: Electricity to cost the most in five states. Here's why, check listCalifornia-based think tank said there will be more demand for natural gas for electricity because the administration is canceling new wind...
'Iran signed NPT, India did not...situation is very different': Jaishankar highlights distinctions, deepening global energy crises amid West Asia turmoilExternal Affairs Minister S Jaishankar said India's non-signatory status under the NPT gives it a different position from Iran, which is an...
When could Americans feel the impact of G7’s 100 million-barrel oil release? Experts explain what households can expectThe G7 nations have decided to release a total of 100 million barrels of oil and refined fuel products over the next four months. This init...
Fuel, finance shocks already hitting global economy; India better placed but not insulated: Neelkanth MishraHigher fuel costs and tighter financial conditions are significantly affecting global demand and capital costs. India is comparatively bett...
Fuel subsidies may top $1 trillion: UNThe UNDP analysis - which looked at data from the World Bank, the International Monetary Fund and the International Energy Agency - found t...
India, at the centre stage of global energyIndia has expanded and diversified its energy system as its economy grows, with the country focusing on improving access, increasing renewa...
India needs integrated energy storage policy to build resilience against geopolitical shocks: S&P GlobalGauri Jauhar emphasizes the importance of energy resilience for India's future energy security and storage policies. An integrated framewor...
Developing countries hit by overlapping crises, UNDP chief warnsRising energy costs and El Nino conditions are challenging developing countries facing financial distress. Governments are struggling to ma...
PepsiCo, Monster challenge India 'energy drink' label ban citing business impactPepsiCo and Monster Beverage have initiated legal action against India's food regulator regarding a recent labeling ban. The regulator's di...
Global Market: Eurozone bonds face pressure as energy shock fuels rate hike betsEurozone bond yields rose sharply as energy-driven inflation strengthened expectations of further ECB rate hikes through 2027. French yield...
No global oil shortage, supply route disruptions driving crude prices, oil minister saysUnion Minister for Petroleum and Natural Gas Hardeep Singh Puri highlights the current oil supply situation. He states that global oil prod...
‘Major food crisis’ looms in coming months: S JaishankarS. Jaishankar highlighted the looming food crisis caused by fertiliser shortages from geopolitical tensions in Ukraine and the Gulf. He emp...
Global Market: BoE's Taylor says energy prices alone do not justify rate hikeBank of England policymaker Alan Taylor said further rate increases remain unlikely unless higher energy prices generate persistent, broad-...
Global Market: European shares head for first monthly decline in six months as yields riseEuropean shares were set for their first monthly decline in six months as Middle East tensions, higher energy prices and rising bond yields...
Global Market: Euro under pressure from energy shock and political risksThe euro has fallen nearly 2% in September as energy prices, political uncertainty and a stronger dollar weigh on the currency. Concerns ov...
Global economy is shifting East, Global South must seize the moment: Shaktikanta DasThe Principal Secretary-2 Shaktikanta Das outlined the challenges and opportunities facing Global South economies during recent discussions...
Global Market: Eurozone bond selloff pauses, yields stay near multi-year highsEurozone government bond yields eased after a sharp selloff pushed borrowing costs to multi-year highs. Investors remained focused on eleva...
Global Market: ECB's Lagarde says eurozone inflation has yet to trigger second-round effectsEuropean Central Bank President Christine Lagarde highlighted rising Eurozone inflation linked to increased energy prices. While inflation ...
India needs to strengthen domestic oil exploration, official saysIndia is urged to strengthen its domestic oil exploration capabilities to improve energy security as global tensions rise. Oil India Limite...
Global Market: Eurozone bond yields rise as oil climbs, inflation data eyedEurozone government bond yields rose as higher oil prices and uncertainty over the US-Iran conflict heightened inflation and interest-rate ...