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2 mins read
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
2 mins read
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
2 mins read
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
2 mins read
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
1 min read
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
2 mins read
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
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
3 mins read
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
2 mins read
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…
PTI
1 min read
The rate of oil demand growth has peaked 'for good,' Bank of America says
Analysts say global oil demand should slow down over the next six years after its breakneck recover…
Phil Rosen
1 min read
The world is 'far off' from peak oil amid strong demand, OPEC chief says
Robust demand from countries like India, which is showing "phenomenal economic growth," mean peak o…
Aruni Soni
2 mins read
16% YoY surge in rents across 13 major Indian cities, Greater Noida, Gurugram lead: Magicbricks Report
The quarterly report also notes a 2.8 per cent Quarter-on-Quarter (QoQ) increase in rents, followin…
ANI
2 mins read
BofA says chip stocks won't peak until mid-2026, and that these 3 sub-industries will thrive until then
"The current upcycle started in late'23, so we are only in quarter 3, implying strength likely till…
Filip De Mott
2 mins read
Home prices are falling at the fastest pace since 2022 as stubborn interest rates slash demand
Across the US, 6.4% of sellers issued a price cut in the month leading up to May 26, Redfin said in…
Jennifer Sor
2 mins read
Stocks at all-time highs are showing no signs of peaking, UBS says
Investors should continue to stay invested in US equities, UBS said in a blog post, even as markets…
Filip De Mott
1 min read
We won't see peak oil demand in our lifetime, JPMorgan's top energy strategist says
A surge of "invisible" demand from emerging markets is in store, keeping peak crude demand from arr…
Aruni Soni
2 mins read
Elon Musk's wealth has crashed by over $175 billion from its peak as Tesla's problems pile up
Tesla stock has tanked by about 66% since late 2021, slashing Elon Musk's fortune from $340 billion…
Theron Mohamed
2 mins read
Two sessions, two new peaks: Gold hits fresh all-time high of ₹70,000/10 gm
Gold prices surged by Rs 850 to reach a new peak of Rs 70,050 per 10 grams on Thursday on strong gl…
PTI
2 mins read
Global fossil fuel demand is likely to peak this decade as the clean energy economy grows, IEA says
The clean energy sector has struggled recently, but remains "the most dynamic aspect of global ener…
Aruni Soni
2 mins read
Stocks could surge another 15% this year with mega-cap tech leaders still nowhere near bubble peaks, Goldman says
The bank said continued "exceptionalism" from the mega-cap tech stocks could drive the S&P 500 to a…