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3 mins read

India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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Budget 2024: Key sustainability and energy initiatives that Indian government plans to implement this year

Budget 2024 aims to boost renewable energy with rooftop solar, EVs, offshore wind, green hydrogen, …

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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   


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4 mins read

US-China tariff war could benefit several sectors in India while harming a few others

President Joe Biden imposed fresh tariffs on Chinese products to protect American workers from unfa…

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1 min read

Oil markets could shift into surplus in early 2024 as demand growth slows and non-OPEC+ producers lead supply growth, IEA says

Oil supply is booming, especially from non-OPEC+ countries, and it will encounter slowing demand ne…

Aruni Soni   


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Spike in solar, decline in coal, India witness transition in renewable energy

Energy economists and experts believe the new draft national electricity policy (NEP) has a signifi…

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2 mins read

Weapons firm says it can't meet soaring demand for artillery shells because a TikTok data center is eating all the electricity

Morten Brandtzæg, the CEO of Nammo, told the Financial Times that the demand for artillery rounds w…

Lindsay Dodgson   


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1 min read

Some areas in Eastern and Western India have electricity prices dropping below Re 1

In some areas like these, prices have dipped to 50 paise per unit, with others having electricity a…

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1 min read

India's export rises by 48 % to $32.5 billion, trade deficit at $9.37 billion in June

During April-June 2021, the exports increased by 85.88 per cent to USD 95.39 billion. Imports e…

PTI   


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2 mins read

Tesla's appeal to car buyers is 'clearly formidable' but not rock solid, J.D. Power study finds

The study on car-buying trends argued that Tesla "could be displaced by a worthy alternative," and …

Grace Kay   


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5 mins read

How Volkswagen plans to outsell Tesla

Although Tesla currently reign as king of the EV market, automotive giant Volkswagen has plans set …

Aj Caldwell   


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1 min read

Pay less if you consume more electricity

Though you might be reading this while suffering a power cut in your area, India has evolved as cou…

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7 mins read

Inside the opaque $6 billion market for renewable energy 'certificates,' where dozens of companies buy and sell the right to call your electricity clean

In a statement, the company - which offers other avenues to source clean energy - said it's "commit…

Benji Jones,Benji Jones   


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1 min read

India will not have power deficit for the first time in history

This is the first time that the country has declared a year of no shortage though many regions have…

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2 mins read

Transparency and openness key factors for doing business in India: GE South Asia head

"I feel better ... with transparency and openness in the system. You at least are sure you will not…

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1 min read

India to see 12-fold increase in energy storage systems by 2031-32

Energy storage systems are set for a boom across the value chain-cell manufacturing and components …

ANI   


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2 mins read

How plunging oil prices could help the US avoid recession

Cheaper energy reduces cost burdens in manufacturing, construction, and agriculture, among other ec…

Filip De Mott   


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3 mins read

RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%

The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…

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2 mins read

Investors shorting oil are walking into a 'bear trap' with energy demand set to surge, Bank of America says

Investors have turned bearish on oil amid fears of oversupply, but if GDP grows in line with estima…

Kelly Cloonan   


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4 mins read

Canada's 'shoestring' navy needs drastic changes to buy the new submarine fleet it wants

Canada's navy wants 12 submarines capable of under-ice patrols in hopes of building one of NATO's l…

Michael Peck