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GLOBAL HEATWAVE COMPARISONS
Megacity heatwaves are now a fatal nightmareCities are becoming dangerous places at night due to rising temperatures. Lack of cool nights strains the body, increasing risks of serious...
India summer travel shock: Flight tickets to Europe, Leh, Singapore see massive surgeIndian travellers are seeing airfares soar by 40-50% on many routes. This surge is driven by rising jet fuel costs and fewer available seat...
AC makers raise prices by 5–15% ahead of summer as input costs climbRoom air-conditioner prices are rising by 5-15% as manufacturers face higher costs for copper, aluminium, and freight. This price adjustmen...
Electricity bills are rising faster than groceries, rent, and other essentials — why are Americans paying so much more for power?Electric bills rising faster than essentials is now a growing concern across the U.S. With monthly electricity costs increasing over 34% si...
AC makers lower sales projection to 10-15% for 2025 despite spike in June numbersRoom air-conditioner sales surged in June due to intense heat. However, unexpected rains have dampened industry expectations. Initial proje...
Apple’s India business surpasses USD 23 billion as manufacturing growth reaches 50-year highAccording to the recent Economic Survey, India contributes around 14% to the US tech giant’s overall production, emerging as a key hub for ...
Heatwave warning at 26 degrees Celsius? Indians compare UK's alert to their AC temperature, call it 'pleasant weather'The United Kingdom's recent heatwave alert at 26 degrees Celsius has amused many Indians, prompting a flurry of witty responses on social m...
India expects annual power output to grow at fastest in over a decadeIndia anticipates a 9.3% increase in power generation to 1,900 billion kWh by March 2025, the fastest growth since 2011/12. Factors include...
Climate change puts sovereigns at downgrade risk, study findsIn the overall economic damage being caused by the climate change, rising debt costs might become an extra facet.
GDP growth may print at about 4% in Q4, says new reportThe National Statistical Office, in its second advanced estimate, has retained GDP growth at 7 % for the full year, which factors in a grow...
What Budget 2023 can do to boost India's rural economyOne of the key pillars of domestic growth, viz rural economy has been severely impacted in recent times due to myriad reasons highlighted b...
China's economy perks up but property crisis worsensThe better-than-expected figures show the world's second-largest economy is gaining some steam, after narrowly escaping a contraction in th...
China's trade falters as demand wanes at home and abroadThe disappointing August trade figures rattled global financial markets, which have already been buckling under a surging dollar and the pr...
India has no plan to import wheat as sufficient stock ready to meet local demand, government says"There is no such plan to import wheat into India. Country has sufficient stocks to meet our domestic requirements and FCI has enough stock...