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2 mins read

Gold rallies Rs 550; silver jumps Rs 400 amid strong global cues

Gold prices rallied by Rs 550 to Rs 75,700 per 10 grams in the local market on Tuesday on the back …

PTI   


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1 min read

Renewable power demand will triple in the next 7 years amid AI boom, energy CEO says

As AI continues to boom, data centers will need more power. NextEra Energy Inc.'s CEO thinks renewa…

Kelly Cloonan   


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1 min read

Palantir stock has 67% upside amid rapidly rising demand from big businesses for AI tools, Wedbush says

Wedbush analyst Dan Ives expects Palantir to continue to capitalize on the AI boom as it demonstrat…

Kelly Cloonan   


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1 min read

Nvidia is poised to surge another 16% as signs point to 'exceedingly robust' demand for its next-gen Blackwell chip, UBS says

Nvidia's potential $5 EPS in 2025 would give it a valuation of 25.6x on a forward price-to-earnings…

Matthew Fox   


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The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says

Demand for crude is set to climb through 2034, as major oil producers pull back on spending, Goldm…

Jennifer Sor   


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Peak oil demand before 2030 will usher in a major supply glut, the International Energy Agency says

As global demand for oil plateaus this decade, heavy production will create a massive supply glut t…

Filip De Mott   


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Manufacturing sentiments, domestic demand up in Q1 FY25, notes FICCI survey

Manufacturing sentiments in India have shown an improvement in the first quarter of the financial y…

ANI   


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Electric Mobility Promotion Scheme to support up to 3.72 lakh EVs: Govt

Electric Mobility Promotion Scheme (EMPS) - 2024 will provide further impetus to the green mobility…

PTI   


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3 mins read

Global electricity demand is forecast to grow by around 4% in 2024

The world's demand for electricity is rising at its fastest rate in years, driven by robust economi…

ANI   


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Delhi's peak power demand grew 3.8x on hot and humid days in last 12 months: Report

The wet-bulb temperature (WBT) is the lowest temperature to which a person or object can be cool…

PTI   


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India's power consumption rises nearly 9% to 152.38 billion units in June

The peak power demand touched an all-time high of 250.20GW in May this year. The previous all…

PTI   


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Cipla gets Rs 773 cr demand notice from I-T dept

Shares of Cipla on Tuesday settled 0.56 per cent down at Rs 1,507.50 apiece on the BSE.

PTI   


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Markets' sharp rebound makes investors richer by Rs 7.10 lakh cr

Thanks to the optimistic trend, the market capitalisation of BSE-listed firms rallied by Rs 7,10,23…

PTI   


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Stock market today: US stocks trade mixed as tech losses deepen and investors await PCE

GDP grew above-expected last quarter, with the economy expanding 2.8%, per advanced estimates.

Jennifer Sor   


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Ford plummets 18% after big 2nd-quarter earnings miss

Ford's shares suffered their worst decline since 2008 after the company lost $1.14 billion in its e…

Kelly Cloonan   


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The US will be an oil production powerhouse through at least 2026, Goldman Sachs says

The US is on track to churn out 270,000 barrels of oil a day in 2026 as the drilling boom continues…

Jennifer Sor   


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3 mins read

India to lead world in fuel demand growth, consumption to grow by 1.3 million barrels by 2030: IEA

India, the world's third biggest oil importer and consumer, will in the second half of the decade b…

PTI   


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Tesla tanks 13% after earnings, dragging other EV stocks lower

Tesla missed profit targets for a fourth straight quarter and postponed its Robotaxi event, draggin…

Filip De Mott   


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4 bullish signals are pointing to more stock gains ahead, according to Bank of America

"Rotation, which is the lifeblood of a bull market, suggest that the SPX hit last week's highs from…

Matthew Fox   


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Retail space demand in shopping malls rises 15% in April-June across major Indian cities: Cushman & Wakefield

Owing to better demand from retailers, leasing of retail spaces in shopping malls across eight majo…

PTI