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RECORD PEAK POWER DEMAND
Higher crude prices fuel bank lending boom; credit growth hits 17.7%, fastest since June 2024Bank lending saw its fastest growth in almost two years by May 31, 2026. Credit expanded significantly, reaching Rs 215.2 lakh crore. This ...- Signs of worry: Is SpaceX's $75 billion IPO ringing the bell of market top?SpaceX's upcoming IPO at a staggering valuation is sparking debate. Investors wonder if this massive listing signals the peak of the curren...
- Will SpaceX factor last after IPO? Mega listing plan sparks valuation debate amid AI boomSpaceX's huge IPO is set to launch, attracting record investor bids. This event will test the market's appetite for AI companies. Investors...
- Adani Power or NTPC? Macquarie initiates coverage on 3 power stocks, hikes target prices for 3 othersAs rising temperatures drive electricity demand across India, Macquarie sees the power sector entering a broad regulatory and operational r...
- Namo Bharat records highest single-day ridership of 1.25 lakh commuters, says NCRTCA US fighter jet struck an empty tanker near Iran, suspected of involvement in the Iranian oil trade. The vessel's 24 Indian crew members w...
- Gen Z's love for cold coffee has brands chasing beverage boomIndia's younger consumers are embracing cold coffee as an everyday drink. Brands like Nestle, HUL, and Tata Starbucks are expanding their o...
- Ahead of SpaceX IPO, Musk says AI satellites will use mostly existing technologyThe billionaire said that much of the required technology already exists in its current Starlink satellite network. "Part of what we want...
- Bitcoin (BTC USD) crashes 50% from October 2025 high, ETFs lose billions, and $1.8 billion gets liquidated - reasons why this crypto selloff is different from 2022 and 2018Bitcoin (BTC USD) crash reasons explained: Crypto market's recent 48% plunge differs from past crashes, driven by economic pressures like i...
- Cairn, Vedanta Oil & Gas raises output from Hazarigaon gas field in AssamCairn Vedanta Oil & Gas has achieved a significant milestone in Assam. The Hazarigaon field recorded its highest gas production. This contr...
- Power entering a 10-year supercycle? Elara Capital's Rupesh D Sankhe reveals the best stocks to ownIndia's power sector is set for a major boom. Demand is expected to surge by 5% to 6% annually for the next decade. This growth is fueled b...
- Inside Switzerland’s massive underground flow battery that could power 210,000 homes for a day without lithium-ion cellsSwitzerland is building a massive underground energy storage facility, set to be one of the world's largest, by 2029. Utilizing advanced va...
- Coal linkage auctions: Coal India steps up supply to non-regulated sector, offers record volumesCoal India Limited is introducing new measures to increase coal supply for non-regulated sector consumers. This aims to reduce import depen...
- India's power consumption grows 11.55 pc to 164.98 bn units in MayIndia's power consumption rose significantly in May. Heat waves across the nation drove up the use of cooling appliances. This led to a rec...
- Power storage VGF of Rs 15,000 crore in worksIndia is planning a significant boost for energy storage. A new viability gap funding scheme is in the works for 112 gigawatt-hour projects...
- Indian power firms snap up gas to meet rising night-time cooling demandIndia's power companies have significantly boosted natural gas purchases from a domestic exchange, quadrupling them to combat soaring summe...
- Worsening climate change main culprit behind India's extreme heat: UN climate chiefUN climate chief Simon Stiell highlighted the severe human and economic impact of the heatwave, particularly on people living in homes with...
- Coal India dismisses shortage fears; says 168 MT buffer available to meet rising demandCoal India has built a substantial buffer of 168 million tonnes to meet rising summer power demand. Stocks at power plants and mine heads a...
- UP records highest-ever power supply at 31,804 MW: Energy Minister AK SharmaUttar Pradesh has set a new record for electricity supply. Energy Minister AK Sharma announced peak demand reached 31,804 MW on Sunday nigh...
- India’s peak power demand hits 271 GW, breaks record for fourth straight dayIndia's peak power demand neared 271 GW on Thursday, a significant increase driven by intense heat. This marks the fourth consecutive day o...
- India's peak power demand hits record 265.4 GW amid heatwave conditionsThe latest peak surpassed Tuesday's all-time high of 260.5 GW recorded during solar hours. The latest demand levels have already crossed la...
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