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OPEC expects India’s oil demand to rise 3.4% in 2025, double the pace of China

AIMPWAMay 15, 2025

India’s oil demand is expected to grow at the fastest pace among major economies and double the rate of rise in China in 2025 and 2026, oil cartel OPEC said in its latest global outlook. India’s oil demand is projected to rise from 5.55 million barrels a day in 2024 to 5.74 million bpd in...

BUSINESS

Indian equity market to enter consolidation phase: Franklin Templeton India MF

AIMPWAMay 15, 2025

The fund house cautions that elevated levels of fresh equity supply could dampen near-term equity returns | Photo Credit: BalkansCat Franklin Templeton India Mutual Fund believes that the Indian equity market is likely to enter a consolidation phase rather than continue its recent momentum-driven trend, citing global uncertainties and sustained supply of new equity issuances...

Over 80% of key Indian reservoirs half empty

AIMPWAMay 15, 2025

Over 80 per cent of India’s 161 major reservoirs turned half empty this week, while the level in 70 per cent of them was below 40 per cent of the capacity, data from the Central Water Commission (CWC) showed. However, the storage was higher than last year and normal (past 10 years). According to CWC’s weekly...

Gold plunges ₹1,800 to ₹95,050/10 gm amid weak global demand

AIMPWAMay 15, 2025

Gold prices plunged ₹1,800 to ₹95,050 per 10 grams in the national capital on Thursday amid a decline in precious metal rates in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.5 per cent purity slumped Rs 1,800 to Rs 94,600 per 10 grams (inclusive of all taxes). Gold...

BUSINESS

Broker’s Call: Tata Steel (Hold)

AIMPWAMay 15, 2025

Revenue from Indian operations increased 5 per cent on a quarterly basis at ₹34,700 crore, driven by a 6 per cent increase in sales volumes to 5.60 million tonnes | Photo Credit: FRANCIS MASCARENHAS Target: ₹145 CMP: ₹157.35 Tata Steel’s Q4FY25 profitability exceeded our expectations. Revenue rose 5 per cent quarter on quarter (qoq) at...

Broker’s Call: SJS Enterprises (Buy)

AIMPWAMay 15, 2025

Target: ₹1,307 CMP: ₹1087.35 During Q4FY25, SJS Enterprises reported a 7.3 per cent /7.2 per cent /24.1 per cent y-o-y increase in Revenue/EBITDA/PAT to ₹200.5 crore /₹51.0 crore /₹33.7 crore, respectively. During Q4, the company witnessed 9 per cent y-o-y growth in the automotive business compared to 5.7 per cent y-o-y growth in the automotive...

STARTUPs

Ethan Thornton of Mach Industries takes the AI stage at Disrupt 2025

AIMPWAAugust 1, 2025

Autonomous weapons, decentralized strategy, and startup speed — this isn’t the future of defense, it’s the now. At TechCrunch Disrupt 2025, Ethan Thornton, CEO and founder of Mach Industries, steps onto the AI Stage to talk about how next-gen defense is being built from the ground up with AI at its core. Inside the AI...

From Meta’s massive offers to Anthropic’s massive valuation, does AI have a ceiling?

AIMPWAAugust 1, 2025

Meta is still going all-in on the AI talent war, with Mark Zuckerberg reportedly reaching out to top recruits himself, throwing around jaw-dropping compensation packages that top $1 billion over multiple years. And Meta’s latest target? Mira Murati’s new startup, Thinking Machines Lab. It’s a bold play in an already overheated market. While Zuck eyes...

Google bets on STAN, an Indian social gaming platform

AIMPWAAugust 1, 2025

Google has backed STAN, an Indian social gaming platform that connects gamers with creators, communities, and publishers. Google’s investment comes as part of an $8.5 million equity funding round, which also saw investment from Japanese gaming giants Bandai Namco Entertainment, Square Enix, and Reazon Holdings. Aptos Labs and King River Capital, as well as existing...

STARTUPs

Inside the Series A mindset at Disrupt 2025

AIMPWAAugust 1, 2025

At TechCrunch Disrupt 2025, taking place October 27–29 at Moscone West in San Francisco, we’re getting real about what it takes to land a Series A in today’s market — no smoke, no mirrors, just the unfiltered perspective from the people signing the checks. Series A has changed — here’s how to win in 2026...