US appoints acting commander for NATO's eastern flank – Breakingthenews.net
US appoints acting commander for NATO’s eastern flank Breakingthenews.net Source link
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Silver up 3% following weak US jobs report – Breakingthenews.net
Silver up 3% following weak US jobs report Breakingthenews.net Source link
India’s power demand hits new peak, evening supply gap widens to 3,045 MW
India’s electricity system faced a sharp rise in peak demand during the April-June period, with demand increasing around 12% from the same period last year and reaching a record 270.8 GW in May, the Rajya Sabha was informed on Monday.The pressure was particularly visible during non-solar hours in June, when peak electricity demand stood at…
Ethanol or EVs? India needs both for cleaner mobility, says IFGE
India’s shift towards cleaner mobility will require multiple technologies rather than a choice between ethanol and electric vehicles, the Indian Federation of Green Energy (IFGE) said, pointing to the continued presence of nearly 300 million internal combustion engine (ICE) vehicles on the country’s roads.The federation said that ethanol, electric vehicles, hybrids, CNG and hydrogen should…
‘Broken overnight’: How stock market’s new closing auction is making traders jittery
The revised closing-price mechanism applies to more than 200 stocks with listed derivatives. India’s newly introduced closing price auction system has left traders jittery as they adjust to the new system. During the first week of trading under the new system, some traders said that one of the country’s most significant market structure reforms in…
Beijing’s billion-barrel weapon: Why India must prepare for China-driven oil prices
Beijing increasingly controls the marginal barrel of demand – whether it is purchased, stored, released or withheld. For half a century, the global oil market has revolved around two centres of power. The Gulf, led by Saudi Arabia, controlled spare production capacity. The US supplied military protection and financial muscle to Gulf oil. Together, Washington…
ONGC, Shell Energy India sign MoU to explore deepwater blocks, LNG sourcing opportunities
ONGC, Shell Energy India set to explore deepwater blocks, LNG sourcing opportunities Oil and Natural Gas Corp (ONGC) and Shell Energy India Private Ltd have signed a non-binding MoU to explore joint opportunities in deepwater and ultra-deepwater oil and gas exploration. The two companies will also look at opportunities for LNG sourcing, ONGC said on…
India diversifies energy sourcing amid geopolitical risks; taps 15 countries for LNG, 41 for crude
Govt said the wider sourcing network is aimed at reducing India’s dependence on any single country, region or transit route. India has sharply widened its energy import base, sourcing liquefied natural gas (LNG) from 15 countries, up from six, and crude oil from 41 countries, compared with 27 earlier, as per govt’s statement to Rajya…
Elon Musk net worth 2026: World’s richest person added over $800 million per day
Elon Musk’s billboard pictured on the day of SpaceX’s initial public offering (IPO) Elon Musk may have slipped below the trillion-dollar mark, but his fortune has hardly slowed down. Between 2025 and 2026, the world’s richest person added $319.5 billion to his wealth.In July 2026, Musk’s net worth stood at $725.1 billion, compared with $405.6…
Government mulls raising CCEA approval threshold for FDIs
CCEA is a high-level committee headed by PM Modi. The government is considering a proposal to raise the threshold for foreign direct investment proposals requiring approval from the Cabinet Committee on Economic Affairs (CCEA) to Rs 15,000 crore from Rs 5,000 crore at present to further improve the country’s investment climate, according to sources. CCEA…