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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
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
Govt asks all gas-based plants to be operational from May 1 to June 30 as electricity demand surges
The decision to operationalise GBSs is part of a series of measures taken by the Centre to en…
PTI
Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report
The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…
ANI
Heatwaves push India's power demand to seasonal peak; Delhi sets record intake at 7,717 MW
As a considerable part of India experiences severe heatwave, necessitating the need for air conditi…
ANI
Urea import dependency in India to fall to 10-15% from 30% in near term: Crisil
India's urea industry, contributing to a significant portion of chemical fertiliser demand, has tak…
ANI
Luxury watchmakers resort to state aid as demand falls
Girard-Perregaux and Ulysse Nardin are taking advantage of financial aid from the Swiss state to pr…
Nora Redmond
India to face evening power shortages by 2027 if electricity demand continues to grow, warns IECC
The evening power shortages are likely even if all currently under-construction thermal and hydro c…
ANI
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
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
India's energy consumption is expected to rise by 3-4 times over a decade: IECC
Growing industrialization, urbanization, and rising incomes have led to the country's energy consum…
ANI
Global gold demand drops 6% in Q2 2024 due to slump in jewelry consumption, OTC investment pushes the total to record high
The record-high gold prices took a significant toll on jewelry consumption. Volumes fell 19% YoY to…
ANI
Rental income in key Indian cities spiked over 14%, says Magicbricks report
Average rents in Hyderabad increased from Rs 22.01 psf to Rs 22.93 psf per month, while in Ahmedaba…
ANI
Meta's use of AI has far from peaked. But the technology may already be getting the company in trouble.
Mark Zuckerberg recently predicted that AI will revolutionize targeted ad services. But AI may alre…
Lloyd Lee
China's EVs are fueling a big oil demand slowdown
China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and …
Kelly Cloonan
Nvidia is flashing a sell signal and its huge rally marks the peak of a 40-year market cycle, veteran strategist says
Most of Nvidia's employees are already millionaires - the "best reason" to sell the stock, one stra…
Jennifer Sor
Why higher demand for sausage might be the latest sign the US economy is slowing
A food manufacturer in Texas said its seen rising demand for sausage, a sign the economy is slowing…
Kelly Cloonan
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
Bad news for coders: The US is past peak software developer
The strong demand for software developers has softened, so it could take more time to land this typ…
Madison Hoff
Amid heatwave, Delhi's power demand soars to May's highest ever at 7,572 MW
A heatwave in parts of Delhi on Monday pushed the national capital's peak power demand to its highe…