BRICS Balance
17. Summit Brics took place in Brazil in the middle of tariffs and geopolitical conflicts, and the block tried to strengthen the position of the global south. The absence of Chinese XI Jinping and the virtual participation of Russian Vladimir Putin emphasized the internal challenge due to legal restrictions.
BRICS+, now widespread to 11 members, represents 48% of the global population and, according to mint analysis, constantly closes the GDP with G7. However, Block has more differences than similarities, with only a few countries, including India and South Africa, have strong democratic values.
Electricity demand
Demand for electricity in India decreased by 1.5% year -on -year in the June quarter to 445.8 billion kilowatt hours, according to the Central Office for Electricity. This means the first decline from the first quarter of 2020 from 2020.
A decline in April-June 2025 was probably due to a colder summer and an early monsoon that reduced energy needs. The latest data from the Indian Meteorological Department have shown that a maximum temperature of 35.08 degrees Celsius may occur compared to the normal trend of 36.60 degrees Celsius. The highest supply per day (the top energy demand) in June last month also dropped to about 242 GW of approximately 244 GW in June 2024.
Nvidia is in its own league
4 trillion $: This is Nvidia’s market capitalization briefly hit on July 9th after its shares grew to a historically maximum of $ 164.42, expanding its leadership over Apple and Microsoft as the most valuable publicly traded company in the world. NVIDIA shares have seen strong demand in the last five years, led by increasing investors’ confidence in its critical role in the performance of AI technology. Chipmaker shares have gained around 21%since last year, Mint reported. Founded in 1993, the company for the first time exceeded the market limit of $ 2 trillion in February 2024 and $ 3 trillion in June 2024.
Renewed US tariffs
After the deadline for business agreements of 9 July, the US sent formal letters to 14 countries and outlined revised tariffs. Among them, Laos and Myanmar were hit by 40% of mutual tariffs, the highest in the current list. Five of them, including Japan and South Korea, were hit by 25% of the tariff. New mutual mutual tariffs for these countries are determined in effect from 1 August. India, which seeks to conclude a business agreement with the US, is unlikely that such a formal announcement would receive, Mint reported.
Accenture signals the abyss
6% decrease in new Accenture reservations in Q3FY25 led to a sharp decrease in its stock last month. This was reflected in Indian IT shares, emphasizing the influence of the company on this industry.
As the main player with overlapping markets, especially in North America, Accenture is considered to be Bellwether for Indian IT companies. All of these Indian IT companies earn more than 50% of their income from America, causing them to be sensitive there to demand shifts there.
However, Howwsinialives.com shows that Dublin-with technology and consultation differs from Indian IT companies in several ways, which guarantees a closer look beyond its quarterly figures.
BIO BETTING BALRAMPURA CHINI
£2 850 crore: This is an investment that Chini Mills Balrampur produces on bioplastic at prices and climate risk, Mint reported. The company establishes polyoktic acid plant, the first Indian sugar company, besides its Kumbhi Mill in Uttar Pradesh, focusing on £2,000 crore in 2027. PLA, biodegradable plastic made of sugar, initially focuses on plastic substitutes with one use. While analysts consider this to be a growth module friendly to ESG, concerns about the initial risk, because the race will still rely on sugar cane, which is a waterproof crop vulnerable to weather shocks.
RCB
The Indian Premier League (IPL) award increased by 12.9% year -on -year to $ 18.5 billion in 2025, which, according to Houlihan Ločey, has strengthened his status among the best sports leagues in the world. Royal Challengers Bangalore became the most valuable team after winning 2025 and replaced Chennai Super Kings. The Mumbay Indians ranked second and Chennai Super Kings settled third. Advertising revenue exceeded $ 600 million and the audience reached the peak of 678 million during the final of June 3. With the growing interest of investors and the expansion among leagues, IPL develops on the global brand of media sport, in the future a longer season is expected, the report said.
Graph of the Week: How city Indians use their time
Urban Indians like to watch TV and give lower reflective, relaxation and relaxation, the analysis of the 2024 survey has been shown. TV watching is the highest leisure activity, especially for urban women, while rural women who work the most difficult.
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(Tagstotranslate) BRICS Summit 2025 Brazil
