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India's hospitality sector to see strong tailwinds; demand to outpace supply: Thomas Cook
The company reported a consolidated net profit of Rs 73.13 crore during the first quarter ended Jun…
PTI
GoM takes decision on lifting export ban on certain varieties of non-basmati rice: Goyal
The Centre has banned exports of non-basmati white rice since July 20, 2023, to boost domestic supp…
PTI
Indian textile exports to remain strong amid global shifts; FTA negotiations with EU to offer growth opportunities
While domestic demand is expected to remain moderate due to lower discretionary spending and overst…
ANI
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
Kraft Heinz is using AI to make more autonomous supply-chain decisions
Kraft Heinz is using proprietary algorithms and software, called its Lighthouse, to better navigate…
John Kell
Housing supply is piling up in Florida and Texas as HOA and insurance fees jump, Redfin says
Condo inventory has risen as much as 81% in parts of Florida and Texas, Redfin found. High HOA fees…
Jennifer Sor
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
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
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
Adani Group to commission first phase of $4 billion PVC petrochemical project by Dec 2026
Polyvinyl chloride (PVC) — the third-most common synthetic plastic polymer made worldwide — is used…
PTI
L&T wins multiple orders worth Rs 2500 to 5000 crore to build grids for clean energy transition
These projects are integral to the vast, interconnected electricity network, aiming to accelerate t…
ANI
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
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
Home prices are falling in parts of Florida and Texas as buyers tap out and supply outpaces demand
Home prices fell in five parts of Florida and Texas as buyers balked at high values and steeper mor…
Theron Mohamed
'Home run' continues, FY25 to be another strong year after a robust demand in FY24: report
The outlook for residential real estate will be strong in the financial year (FY25), as the domesti…
ANI
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
India's office space absorption soars to 34.8 mn sq.ft in H1 2024: Savills India
This represents 29 per cent increase compared to H1 2023. Meanwhile, new office space supply witnes…
ANI
PepsiCo is using robotics and AI-powered crop planning to transform its supply chain
PepsiCo uses robotics, satellites, and sensors to optimize its supply chain, from the farm to the f…
John Kell
Droughts are threatening California's water supply. The state is racing to save what's left.
The US faces a $625 billion cost to repair its drinking- and clean-water infrastructure.