At 3:38 pm on April 25, India recorded its highest-ever electricity demand of 256.1 GW and successfully met it without disruption. According to GRID India, solar energy contributed around 57 GW during peak demand, accounting for nearly 21 percent of the total supply.
Earlier in the day, solar output had peaked even higher, reaching about 81 GW at 12:30 pm, which was nearly one-third of the
At 3:38 pm on April 25, India recorded its highest-ever electricity demand of 256.1 GW and successfully met it without disruption. According to GRID India, solar energy contributed around 57 GW during peak demand, accounting for nearly 21 percent of the total supply.
Earlier in the day, solar output had peaked even higher, reaching about 81 GW at 12:30 pm, which was nearly one-third of the
Elon Musk’s long-standing reputation for advancing unconventional technological ideas has taken another ambitious turn, with SpaceX formally proposing to build an orbital network of artificial intelligence data centres powered by solar energy. What initially appeared to be an eccentric concept has quickly moved into the regulatory phase, supported by official filings and public statements that suggest the company is serious about relocating a significant share of AI computing capacity beyon
Elon Musk’s long-standing reputation for advancing unconventional technological ideas has taken another ambitious turn, with SpaceX formally proposing to build an orbital network of artificial intelligence data centres powered by solar energy. What initially appeared to be an eccentric concept has quickly moved into the regulatory phase, supported by official filings and public statements that suggest the company is serious about relocating a significant share of AI computing capacity beyon
Silver prices touched a key psychological level on Friday as March futures on the Multi Commodity Exchange briefly crossed the Rs 2 lakh mark, reflecting strong momentum in the bullion market. The contract rose to an intraday high of Rs 2,00,362 before easing slightly in late trade. By 3:54 pm, silver was quoted at Rs 1,99,238, still holding most of the day’s gains as traders assessed near-term cues.
The move marks the continuation of a steady rally seen over the past several weeks, driven by a combination of supportive global and domestic factors. A softer US dollar and declining global interest rates have improved the appeal of non-yielding assets such as precious metals, encouraging investor participation. At the same time, broader strength across industrial commodities has added to bullish sentiment in silver, which straddles both investment and industrial demand.
Market participants point to global monetary easing as a key driver behind the recent surge. With the US Federal Reserve cutting rates again, expectations of a prolonged low-rate environment have strengthened. This has reduced the opportunity cost of holding metals and increased demand from investors seeking diversification and protection against currency volatility. A weaker dollar has further supported prices by making silver cheaper for overseas buyers, lifting global demand.
Industrial consumption has also emerged as a significant pillar for prices. Silver remains a critical input for solar panels, electric vehicles, semiconductors and a wide range of electronic components. As global investment in clean energy and technology accelerates, demand for the metal continues to expand. Several industry estimates suggest that supply growth from mining has not kept pace with rising consumption, resulting in a persistent global supply deficit.
In India, demand has been reinforced by the rapid expansion of solar power capacity and the government’s push to strengthen domestic electronics manufacturing. Traders noted that once silver moved decisively above the Rs 1.90 lakh resistance zone, momentum-based buying gathered pace, carrying prices toward the Rs 2 lakh threshold.
The longer-term outlook remains constructive, supported by structural demand trends. Analysts tracking the market highlight that the imbalance between supply and consumption is likely to persist, keeping prices elevated. Based on these fundamentals, some projections point to a potential upside toward Rs 2.40 lakh over the medium to long term, provided global demand remains steady and mining output does not rise sharply.
From a technical perspective, the ability of silver to sustain levels near Rs 2 lakh will be closely watched. Immediate resistance is seen around Rs 2,00,500, while support is placed near Rs 1,96,000. A firm close above resistance could strengthen expectations of a move toward the Rs 2.10 lakh to Rs 2.15 lakh range. However, traders caution that short-term volatility is likely, with profit booking or shifts in global rate expectations capable of triggering temporary corrections.
Despite the possibility of near-term swings, the broader fundamentals continue to favour silver. Growing demand from solar, electronics and EV segments, combined with limited supply expansion, underpins the bullish outlook. The recent move past Rs 2 lakh has set a new reference point for the market, and its ability to build on this milestone will depend on how global monetary policy, industrial consumption and investor sentiment evolve in the weeks ahead.
Silver prices touched a key psychological level on Friday as March futures on the Multi Commodity Exchange briefly crossed the Rs 2 lakh mark, reflecting strong momentum in the bullion market. The contract rose to an intraday high of Rs 2,00,362 before easing slightly in late trade. By 3:54 pm, silver was quoted at Rs 1,99,238, still holding most of the day’s gains as traders assessed near-term cues.
The move marks the continuation of a steady rally seen over the past several weeks, driven by a combination of supportive global and domestic factors. A softer US dollar and declining global interest rates have improved the appeal of non-yielding assets such as precious metals, encouraging investor participation. At the same time, broader strength across industrial commodities has added to bullish sentiment in silver, which straddles both investment and industrial demand.
Market participants point to global monetary easing as a key driver behind the recent surge. With the US Federal Reserve cutting rates again, expectations of a prolonged low-rate environment have strengthened. This has reduced the opportunity cost of holding metals and increased demand from investors seeking diversification and protection against currency volatility. A weaker dollar has further supported prices by making silver cheaper for overseas buyers, lifting global demand.
Industrial consumption has also emerged as a significant pillar for prices. Silver remains a critical input for solar panels, electric vehicles, semiconductors and a wide range of electronic components. As global investment in clean energy and technology accelerates, demand for the metal continues to expand. Several industry estimates suggest that supply growth from mining has not kept pace with rising consumption, resulting in a persistent global supply deficit.
In India, demand has been reinforced by the rapid expansion of solar power capacity and the government’s push to strengthen domestic electronics manufacturing. Traders noted that once silver moved decisively above the Rs 1.90 lakh resistance zone, momentum-based buying gathered pace, carrying prices toward the Rs 2 lakh threshold.
The longer-term outlook remains constructive, supported by structural demand trends. Analysts tracking the market highlight that the imbalance between supply and consumption is likely to persist, keeping prices elevated. Based on these fundamentals, some projections point to a potential upside toward Rs 2.40 lakh over the medium to long term, provided global demand remains steady and mining output does not rise sharply.
From a technical perspective, the ability of silver to sustain levels near Rs 2 lakh will be closely watched. Immediate resistance is seen around Rs 2,00,500, while support is placed near Rs 1,96,000. A firm close above resistance could strengthen expectations of a move toward the Rs 2.10 lakh to Rs 2.15 lakh range. However, traders caution that short-term volatility is likely, with profit booking or shifts in global rate expectations capable of triggering temporary corrections.
Despite the possibility of near-term swings, the broader fundamentals continue to favour silver. Growing demand from solar, electronics and EV segments, combined with limited supply expansion, underpins the bullish outlook. The recent move past Rs 2 lakh has set a new reference point for the market, and its ability to build on this milestone will depend on how global monetary policy, industrial consumption and investor sentiment evolve in the weeks ahead.
Andhra Pradesh is quickly emerging as a major technology and data hub in India, with global giants like Google and Reliance investing heavily in the state. Following Google’s announcement of a Rs 87,000 crore mega data center, Reliance has now confirmed plans to establish a 1 GW AI-powered data center in Andhra Pradesh. The project will be powered by a 6 GWp solar energy initiative, reflecting a commitment to sustainable and green technology infrastructure.
Andhra Pradesh is quickly emerging as a major technology and data hub in India, with global giants like Google and Reliance investing heavily in the state. Following Google’s announcement of a Rs 87,000 crore mega data center, Reliance has now confirmed plans to establish a 1 GW AI-powered data center in Andhra Pradesh. The project will be powered by a 6 GWp solar energy initiative, reflecting a commitment to sustainable and green technology infrastructure.
As the new month begins, New Jersey residents are grappling with a noticeable rise in their electricity bills. Utility rates have increased by 17 to 20 percent depending on the electric provider, a change affecting thousands of households statewide. Customers of the four main electric companies—PSE&G, JCP&L, Atlantic City Electric, and Rockland Electric Company—are all impacted by the price revision, which was set into motion following the state's annual electricity au
As the new month begins, New Jersey residents are grappling with a noticeable rise in their electricity bills. Utility rates have increased by 17 to 20 percent depending on the electric provider, a change affecting thousands of households statewide. Customers of the four main electric companies—PSE&G, JCP&L, Atlantic City Electric, and Rockland Electric Company—are all impacted by the price revision, which was set into motion following the state's annual electricity au
Fremont, California has made history by becoming the first city in the United States to receive the prestigious Platinum Designation from the national SolSmart program, a recognition awarded for exceptional advancements in solar energy. The milestone sets Fremont apart from more than 500 cities, towns, and regional organizations across the country that have achieved SolSmart designations, underscoring its leadership and commitment to a clean energy future.
The SolSmart program, de
Fremont, California has made history by becoming the first city in the United States to receive the prestigious Platinum Designation from the national SolSmart program, a recognition awarded for exceptional advancements in solar energy. The milestone sets Fremont apart from more than 500 cities, towns, and regional organizations across the country that have achieved SolSmart designations, underscoring its leadership and commitment to a clean energy future.
The SolSmart program, de
