Topic
heatwaves
Commodities India's Power Demand Rises on Heatwaves; IEA Sees 7% Electricity Growth in 2026
India's electricity demand rose about 6% in H1 2026 led by heatwaves and strong industrial activity, according to the IEA. The agency forecasts 7% annual growth for 2026. Peak load hit a record 270.8 GW in May, but shortages more than doubled in Jan-May 2026 due to evening supply gaps.
Business Heatwaves, Pension Reform, and Tech Turbulence Dominate Global Business Outlook
A BBC Business Daily panel examines how extreme heatwaves are affecting productivity and energy demand globally. Germany's proposed pension system reforms raise questions for Europe's largest economy. Meanwhile, a dispute over custard apple imports heightens China-Taiwan tensions, and tech stock volatility, including sharp movements in SpaceX, suggests investor nervousness.
Commodities Heatwaves and Fodder Stress Threaten India's Dairy Supply Chain, CRISIL Forecasts 13-15% Revenue Growth for FY27
India's dairy industry faces growing challenges from climate change, including heatwaves and fodder stress, which are affecting milk production and farmer incomes. CRISIL estimates the organised dairy sector will achieve 13-15% revenue growth in FY27 driven by rising demand and value-added products. Companies are investing in sustainability and technology to build resilience.
Commodities Below-Normal Monsoon Forecast Threatens Indian Agriculture
The India Meteorological Department forecasts below-normal monsoon rainfall and above-normal heatwaves in June, impacting key agricultural regions. This development could significantly affect commodity markets, particularly for crops like rice and wheat.