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PetroChina forecasts Chinese oil consumption will drop 4.9% this yearChina's oil use is set to decline in 2026. This shift comes as the nation embraces new energy sources and faces elevated oil prices. PetroC...- Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
- Inflation in June quarter likely to undershoot RBI forecast, rate hike probability drops ahead of monsoon risksIndia's inflation is giving the Reserve Bank of India room to hold interest rates through the first quarter of fiscal year 2027. However, r...
- Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...
- Word of the Day: AbderianWord of the Day: One reason Abderian remains such a useful word is that it describes a deeply familiar human tendency. Nearly everyone has ...
- Oil prices fall on mounting hopes for de-escalation in US-Iran WarOil prices declined Friday as traders perceived a reduced likelihood of renewed conflict between the US and Iran. Despite this, both Brent ...
- On This Day, June 4: Iran's supreme leader elected, women's suffrage bill passed, ATM patent approved, D-Day delayed, first shopping cart introduced, Henry Ford's first car ride and National Hug Your Cat DayJune 4 marks a day of global historical significance. Major events include the Tiananmen Square crackdown, the liberation of Rome in World ...
- US manufacturing activity scales four-year high in May, ISM saysAmerican manufacturing saw a significant boost in May, reaching its highest point in four years. Businesses are ordering ahead due to risin...
- India’s solar crisis has been failure of planning, coordination and infrastructure: Swaminathan AiyarIndia’s rapid solar expansion is creating an unusual crisis where electricity prices on the Indian Energy Exchange briefly fell to zero in ...
- Debt funds: Is it time to exit long-duration bond funds as rate hike risks rise?The RBI’s rate-cut cycle is behind us. Experts foresee 50–75 bps of hikes. Your bond portfolio needs to reflect that.
- Something coming: What scientists know about a potential 'super' El NinoA "super" El Nino is rapidly forming in the Pacific, with an 80% chance of development by July. While sea temperatures are rising exception...
- Saudi Arabia March crude exports drop to lowest on record, JODI saysSaudi Arabia's oil exports and production reached historic lows in March. The ongoing Iran war has severely impacted global energy markets....
- Regulator in India's top solar state again blocks 3.2 GW coal power projectRajasthan's power regulator has again rejected a proposed 3.2 gigawatt coal power project. The regulator wants state utilities to first rea...
- India bans sugar exports till September to stabilise domestic pricesIndia has banned sugar exports until September 30. This move aims to stabilize domestic prices as supply tightens. The ban applies to raw, ...
- Inflation in driver’s seat likely to stall discretionary spendWhile consumer demand had started improving over the past four months after a prolonged slowdown, rising crude oil prices, supply disruptio...
- India's power sector set for up to 6 per cent CAGR on multi-vector capex upcycle: CitiIndia's power sector is positioned for a sustained growth trajectory with a medium-term forecast set at a 5-6 per cent CAGR, supported by t...
- India's heatwave challenge boosts need for renewable energy storage solutionsIndia’s rising heatwaves are pushing power demand to record highs. Renewable energy is helping meet peak load, but limited storage capacity...
- India's power demand to rise by 5 to 5.5 percent in FY27: ICRAIndia's power demand is set for a significant rise of 5.0-5.5 percent in 2026-27. This growth will be fueled by industrial, commercial, agr...
- Winter storm alert: Schools closed, commuters hit by Snowstorm, Colorado Rockies-New York Mets games postponedWinter Storm alert: Weather service said parts of the region could continue to see light snow and rain on Thursday but that temperatures wi...
- AEP raises capital plan to $78 billion as data centre power demand skyrocketsAmerican Electric Power is boosting its investment plan to $78 billion. This increase is driven by the rapid growth of data centres. These ...
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