India Could Emerge as ‘Reverse AI Trade’ as Global AI Boom Nears Inflection Point: Jefferies’ Chris Wood
India could become the primary beneficiary of a potential global unwind of the AI trade, according to the latest GREED & Fear report by Christopher Wood, Global Head of Equity Strategy at Jefferies.In the March edition of the report, Wood argues that the AI-heavy investment cycle Read More
Indian Industries Face LNG Supply Cuts As Middle East Conflict Disrupts Gulf Shipments
The US-Israeli-Iran war has disrupted Middle East fuel shipments, affecting India’s Liquefied Natural Gas (LNG) imports from key supplier Qatar.Several Indian industries are being impacted as India, the world’s fourth-largest LNG buyer, rations supplies.India’s gas marketing comp Read More
‘India Has Ample Fuel Reserves’, Says Maharatna PSU BPCL Amid Israel-US-Iran War
Amid supply chain disruptions in the Middle east and 90% decline in tanker traffic in the Strait of Hormuz, downstream oil major Bharat Petroleum Corporation Ltd (BPCL), noted that India has ample fuel reserves and supply chains are running normally.”Rumors of petrol and diesel s Read More
MRPL Operating Normally; India Comfortable on Oil, LPG Supplies Despite Hormuz Disruption: Govt Sources
India remains in a “comfortable position” on crude oil, petroleum products and LPG supplies despite the closure of the Strait of Hormuz, government sources said on Friday, dismissing reports of operational disruptions at refineries.-This is a developing story. More details are aw Read More
Amitabh Kant Backs Clean-Tech Push Amid Rising Israel-Iran-US Conflict
As tensions escalate in the ongoing Israel-US conflict with Iran, ex-Niti Aayog Chief Amitabh Kant called for strategic push to scale clean-tech manufacturing, rather than relying on imported fossil fuels, costing nearly $180 billion.While describing solar as ‘Indian’, he called Read More
Govt Orders Refiners to Maximise LPG Output; Curbs Petrochemical Diversion as Hormuz War Rages
India has invoked emergency powers and directed refiners to maximise production of liquefied petroleum gas (LPG) to prevent a shortage of the cooking fuel after supply disruptions caused by the Middle East crisis, a government order showed.The world’s second-biggest importer of L Read More
FAO Index Hits 125.3 in Feb; Rising Cereal & Oil Costs End 5-Month Decline in Global Food Prices
World food prices rose in February after falling for five straight months with higher cereal, meat and most vegetable oil prices outweighing declines in cheese and sugar, the United Nations’ Food and Agriculture Organization said on Friday.The FAO Food Price Index, which tracks m Read More
Oil Set for Steepest Weekly Jump Since 2022 Despite Friday’s 1.1% Dip
Oil prices fell on Friday for the first time in six days as the U.S. government is weighing potentially intervening in the futures market to blunt rising prices and issued waivers for Russian oil purchases to ease supply constraints from the Middle East war.Brent crude futures we Read More
Oil Shock, War Fears Send Asian Markets To Their Worst Week Since 2020
Most Asian assets sank toward their heaviest weekly loss since the pandemic on Friday, as Middle East conflict-driven oil shocks forced investors to unwind one of this year’s strongest emerging-market trades. MSCI’s EM index is 6.5% lower this week and an MSCI index of EM currenc Read More
TCS In ‘Advanced’ Talks for More AI Data Centers in India
After inking having inked a pact with Open AI to build AI data centres in India, IT Services mammoth TCS is eyeing at jointly creating several more artificial intelligence data centre in the South Asian nation with other tech firms.”We are in advanced discussions with multiple hy Read More














