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AI-focused data centre can consume as much electricity as 100,000 households, while the largest facilities under construction could consume 20 times as much.In 2024, data centres accounted for 1.5% of global electricity consumption, largely concentrated in the US, China and Europe. Global data-centre electricity consumption is expected to more than double to 945 terawatt-hours (TWh) by 2030, equivalent to more than half of India’s electricity consumption in 2023-24 (1,622 TWh).The IEA estimates data centres will account for about half of electricity demand growth in the US between 2025 and 2030.

India is fast becoming one of the world’s biggest AI user bases. The question now is how it can turn that scale into superpower status rather than just training Silicon Valley for free.That will be a tall order for a country largely caught flat-footed by the boom. But let’s start with the basics: The three main building blocks of AI are talent, compute (including high-end chips and infrastructure) and data.

₹366/bag, said a Jefferies India report dated 1 March. One cement bag weighs 50 kilograms.“Dealers in Ahmedabad said that hike attempts are being made slowly by companies to revert to stronger pre-September levels,” added Jefferies.Infrastructure momentum is aiding demand.

Automobile sales in February were good for almost all sub-segments and companies, but the performance of Tata group companies stood out. Domestic sales of Tata Motors’ commercial vehicles (CV) grew 32.8% year-on-year to 40,893 vehicles, whereas rival Ashok Leyland Ltd’s growth was 28% to 20,314 units.The robust data vindicates statements from CV makers that replacement cycle demand is kicking in. The average fleet age needing a replacement is now 9-10 years versus 7-7.5 years before covid.

Kevin Warsh’s nomination to succeed Jerome Powell as US Federal Reserve chair has triggered a predictable frenzy of speculation centred on a single, narrow question: How hard will he push for interest-rate cuts? While such conjecture may be entertaining, it misses the forest for the trees. To focus solely on rate cuts is to misunderstand the Fed’s situation and the scale of the challenge awaiting its next leader.Warsh inherits an institution that, by any historical measure, is deeply fractured internally and lacks credibility externally.

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India’s economy is growing fast. The speedometer looks impressive. The engine, however, is increasingly running on debt.

streaming business is unsold inventory and falling acquisition prices, as studios are sitting on hundreds of crores of ready‑to‑release films and 40‑45 web series that no buyer wants.OTT revenues in India are estimated to be around ₹37,000 crore, in a mix of advertising and subscriptions.Meanwhile, the overall content spend has been halved and per‑episode costs are now benchmarked against TV rates, forcing producers to do more with less. Plus, the number of Indian originals has gone down, with many creators switching back to feature films, because a premium series can take over a year to develop.The rapid commissioning spree also created a shortage of experienced writers, directors and crew, hurting quality and making it difficult to scale new projects.Still, 2025 has witnessed intense licensing wars for theatrical releases.

It’s raining devaluations for credit card users. Major issuers such as HDFC Bank, American Express, SBI Card and ICICI Bank have reworked their credit card reward structures over the past two months, cutting back benefits on some of their most sought-after premium cards.Last week, HDFC Bank said that starting in the next financial year, Infinia cardholders must spend at least ₹18 lakh annually or maintain a total relationship value—the cumulative worth of all accounts, investments and loans with the bank—of ₹50 lakh to retain the card.This change came on the heels of American Express devaluing milestone-based rewards on one of its popular cards, Amex Platinum Travel.

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Write to Yaroslav Trofimov at [email protected] and Bojan Pancevski at [email protected] all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.

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The US and Israel are betting on regime change in Iran through air attacks that began on Saturday. So far, bombardment has left Iran’s top leader Ayatollah Khamenei dead and sparked a retaliatory flare-up in West Asia. This is a gamble, although US air-strike precision has improved since its 2003 war on Iraq to end Saddam Hussein’s rule, an invasion that left countless civilians dead and inflamed the region.

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₹22,615 crore in Indian equities after selling for three months in a row, showed NSDL data. Strengthening of the Indian rupee (improves returns in dollar terms) and reducing trade uncertainties with India-European Union deal and other trade agreements were the likely catalysts.But geopolitics could interrupt that revival.The latest new series gross domestic product (GDP) data for the December quarter (Q3FY26), using 2022-23 as the base year, showed growth at 7.8% despite tariff troubles.

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