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IMPACT OF AI ON ENERGY
Reliance market value now equals India's top five IT companies combinedA sharp selloff in Indian IT stocks has reduced the combined market capitalisation of the top five IT firms to nearly match Reliance Indust...- AI race weakens climate pledges at Google, AmazonGoogle and Amazon this week reported sharp increases in greenhouse gas emissions, driven by the frantic construction of artificial intellig...
- Two-wheeler exports and EV adoption signal strong consumer resilience: Sachin Relekar, Axis MFIndian consumer demand shows surprising strength, with auto sales exceeding expectations across both traditional and electric vehicles. Exp...
- The surprising reason India's most expensive stocks often keep risingIndian stocks defy logic, with expensive companies consistently outperforming. This trend, observed over 15 years, sees sectors like defenc...
- India's premium has almost entirely disappeared now: Ben Powell, BlackRockBlackRock's Ben Powell is increasingly optimistic about Indian equities following a period of underperformance. He believes foreign investo...
- Banks NPA at multi-decadal low of 1.8%, Indian financial system remains resilient: RBI reportIndia's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...
- 3one4 Capital launches $15 million fund to support overlooked sectors, women foundersKnown as the IIDEA Fund, this will be managed by 3one4 Capital with support from BII to back founders in sectors like energy transition, ag...
- US Stock Market: Economic resilience collides with expensive valuations on Wall StreetThe US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is faltering. Investors are wary of ...
- AI could become the next competitive advantage for renewable energy companies: ReportArtificial intelligence is poised to become a major competitive edge for renewable energy firms, according to a BCG report. The focus is sh...
- TVS Motor looking ahead with 'measured optimism': CMD Sudarshan VenuTVS Motor Company anticipates a complex yet exciting future, aiming to meet market expectations in India despite potential weather disrupti...
- AI adoption gains momentum, returns emerge but infra lags: Industry executivesIndia’s greatest opportunity lies in domain-specific small language models, argued panellists at The Economic Times AI Vantage Roundtable.
- Sovereign investors with $29 trillion pivot to energy assets, flag dollar fearsGlobal financial giants managing $29 trillion are pivoting towards energy assets and infrastructure, seeking portfolio resilience amidst es...
- AI investment boom may fuel financial risks: BISThe Bank for International Settlements (BIS) has cautioned about the financial dangers linked to the rapid growth of AI, pointing to issues...
- 35 nations, including India, sign statement on AI opportunity at Pax Silica Summit in USAt the second Pax Silica Summit held in Washington on Thursday, 35 nations signed the Joint Statement on AI Opportunity, aligning behind a ...
- Anthropic expands hiring for AI infra roles in A-Pac amid surge in demandThe hiring push comes as Anthropic works to expand its computing capacity beyond the US. The company had said in a blog post in April that ...
- India's AI boom cannot ignore its water crunchIndia's AI growth risks exacerbating severe water stress as data centers, crucial for AI infrastructure, consume vast amounts of water. Cit...
- India's FY27 growth likely to slow down to 6.6% on energy stress, sub-par monsoon: S&PIndia's economic growth is projected to slow to 6.6% in the current fiscal year, according to S&P Global Ratings. This slowdown is attribut...
- UN chief ups climate pitch, targets fossil fuels and AIAcknowledging that temperature increases will breach the 1.5C guardrail, Guterres focused on the need to take measures to ensure that the r...
- UN chief calls on AI firms to come clean on environmental costsThe rapid development of data centres globally to fuel the AI revolution has drawn scrutiny from environmental groups for their high energy...
- Chevron signs pact with Microsoft for powering its Texas data centreChevron and Microsoft have partnered for a 20-year deal to power a Texas data center. The Kilby facility will supply 2.67 gigawatts using G...
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