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Mark Christie

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Last Updated: Just Now
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Global Markets & Equities Just now (08:59 AM IST)

FERC Chair Blasts PJM ‘Mess’ as Grid Operator Delays Power Auction Amid Data Center Surge

Federal regulators have sharply escalated pressure on PJM Interconnection after the country’s largest grid operator delayed a closely watched power auction tied to surging data center demand. FERC Chair Mark Christie called the situation a “mess,” underscoring mounting concern that PJM’s planning process is failing to keep pace with the electricity needs of the AI buildout while protecting households from higher costs.

By RDU Global Wire6 min read
Global Markets & EquitiesJust now (03:48 AM IST)

FERC Chair Slams PJM ‘Mess’ as Grid Operator Delays Power Auction Amid Data Center Demand Shock

Federal regulators are intensifying pressure on PJM Interconnection after the nation’s largest grid operator delayed a closely watched capacity auction and was ordered to revise its plan for managing surging data center demand. The dispute has sharpened uncertainty for utilities, power generators and investors exposed to the Mid-Atlantic and Midwest power markets, where AI-driven load growth is colliding with concerns over consumer costs and grid reliability.

6 min readRead →
National Governance & PolicyJust now (06:45 AM IST)

Keralam to Transform Tourism with AI and Digital Innovation, Says Minister

Tourism Minister P.C. Vishnunadh announces a strategic shift in Keralam's tourism approach, emphasizing a holistic experience for visitors through AI and digital tools. This initiative aims to enhance the state's appeal beyond traditional destination-focused packages.

4 min readRead →
Agriculture & Rural EconomyJust now (06:45 AM IST)

Centre Approves Sale of Excess, Unauthorised FCV Tobacco Crop in AP

In a significant policy shift, the Indian government has approved the sale of excess and unauthorised Flue-Cured Virginia (FCV) tobacco crops in Andhra Pradesh, allowing farmers to access authorized auction platforms without facing penalties. This decision aims to alleviate financial pressures on farmers and stabilize the tobacco market in the region.

4 min readRead →
Global Markets & EquitiesJust now (06:45 AM IST)

Appeals Court Upholds State Regulation of Kalshi's Sports Prediction Markets

In a significant ruling, an appeals court has determined that states, including Ohio and Tennessee, have the authority to regulate Kalshi's sports prediction markets under existing gambling laws. This decision poses further challenges for the burgeoning prediction market sector as regulatory scrutiny intensifies.

4 min readRead →

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