IEA suggests need for policy intervention in energy use
POWER & RENEWABLE ENERGY

IEA suggests need for policy intervention in energy use

A robust policy intervention on energy use could reduce the risk of the global economic recovery collapsing given the critically low global oil stockpiles, according to the International Energy Agency. The picture for the oil markets has rarely been more ambiguous. The macroeconomic outlook is deteriorating, and there are persistent supply-side uncertainties, which are dragging on market confidence. Since early June, benchmark crude futures have lost more than $20/bbl, and as of this writing, they are trading below $100/bbl.

A robust policy intervention on energy use could reduce the risk of the global economic recovery collapsing given the critically low global oil stockpiles, according to the International Energy Agency. The picture for the oil markets has rarely been more ambiguous. The macroeconomic outlook is deteriorating, and there are persistent supply-side uncertainties, which are dragging on market confidence. Since early June, benchmark crude futures have lost more than $20/bbl, and as of this writing, they are trading below $100/bbl.

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Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

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BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

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