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Energy security during Middle East crisis: Why India keeps relying on state-run oil firms despite privatisation bids

As the Iran war disrupted crude supply routes and raised concerns over shipments through the Strait of Hormuz, IOC, BPCL and HPCL quickly reconfigured refinery operations. They increased LPG production by diverting refinery streams away from petrochemicals, diversified crude sourcing, optimised refinery runs based on available feedstock. Every major crisis India has faced in recent...
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These 10 Chinese stocks are powering U.S. data centers

While the artificial intelligence race has focused largely on advanced semiconductors, a slew of mainland China-listed companies produce many of the parts needed to make data centers work. “The United States relies on Chinese firms for almost 30% of its imports of AI-related products,” Michael Hirson and Houze Song at 22V Research wrote in a...
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Gold, silver rate outlook: Prices face key test next week as US dollar, Iran tensions and jobs data take centre stage

Market participants will closely track manufacturing and services PMI data from major economies, Eurozone inflation numbers, and the US non-farm payrolls and unemployment figures for fresh cues on monetary policy. Gold and silver prices are expected to remain under pressure in the coming week as investors assess the impact of renewed tensions between the US...
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SpaceX to join the Nasdaq-100

The stock of SpaceX continues its consolidation phase on the New York Stock Exchange one week after its Nasdaq listing. Samuel Boivin | Nurphoto | Getty Images SpaceX became one of the quickest additions ever to the Nasdaq-100 index, setting up a fresh wave of buying from passive investors less than a month after the...
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‘Silicon Valley of North India’: Ashwini Vaishnaw sees Jewar emerging as chip manufacturing hub

Vaishnaw said investments worth thousands of crores flowing into the Yamuna City region would help make Jewar the “Silicon Valley of North India”. Two electronics manufacturing projects involving a combined investment of about Rs 6,750 crore are expected to generate around 3,000 jobs and help transform Jewar into one of India’s leading electronics and semiconductor...
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