May 2026 – Page 85

India’s Power Demand Hits Repeated Records Day and Night Amid Historic Heatwave

India’s electricity demand has surged to new highs driven by unprecedented heat leading to occasional shortfalls in the national grid.

Officials say unusually high temperatures have devastated Maharashtra’s prized Alphonso mango variety this season.

India’s top court sought clarification from the National Testing Agency over the cancellation of the NEET-UG 2026 exam.

Indian fuel retailers have repeatedly revised prices upward since mid-May as surging global crude oil prices drive mounting losses.

A majority of US adults view global warming as a significant problem but remain pessimistic about collective international action per new Pew data.

Analysts dissect the SpaceX IPO prospectus finding complex financial arrangements that reflect Musk’s broader ambitions for the company.

Reform UK held its largest meeting with energy companies yet advocating for expanded North Sea drilling as UK energy prices rise.

A new round of allegations emerged linking stock market activity to actions taken by the Trump administration raising ethics concerns.

The Dow Jones Industrial Average edged higher as investors cautiously welcomed reports of progress in US-Iran ceasefire negotiations.

US consumer confidence fell to a new record low in May 2026 as higher fuel prices tied to the Iran conflict weighed on households.