Faster deployment of wind, solar and heat pumps allowed the EU to replace 8.8 billion cubic meters of LNG in 2024, around two-thirds of its Qatari LNG imports that year, a study by the Institute for Energy Economics and Financial Analysis (IEEFA) said. If the bloc meets its existing rollout plans over the next five years—adding 4 million heat pumps, 75GW of solar and 22GW of wind each year—gas demand could fall by around 25% by 2030. The report said the shift would sharply reduce reliance on LNG imports. It added that the trend creates structural downside pressure on gas- and LNG-linked commodity assets.

Netweb Technologies India reported Q1 FY27 net profit of ₹85.32 crore, up 179.94% year on year. Revenue from its AI Systems business rose to ₹51.06 crore, a 484.20% increase from the year-earlier period. Total revenue reached ₹81.97 crore, expanding 172.13% from a year ago. The results highlight the company’s rapid scale-up as a domestic supplier of AI servers and high-performance computing systems in India.

Nitco promoter Vivek Talwar raised his holding from 11.22% to 13.16% after converting warrants into shares on July 24, 2026, in a ₹38.09 crore transaction. The conversion involved 55,05,935 equity shares and increased his voting stake in the company. Nitco also said it paid an environmental compensation penalty of ₹14.25 lakh on April 28, 2026, after receiving the order on April 13, 2026.

Dwarikesh Sugar Industries reported a net loss of ₹25.73 crore in Q1FY27, widening from the year-ago period, while profit before tax swung to a loss of ₹34.38 crore from a profit of ₹13.03 crore. Revenue rose 3.17% year on year, but EBITDA fell 21.58%. The decline was linked to a 7.51% drop in cane crushing volumes amid heavy rainfall and the phase-out of the Co 0238 sugarcane variety.

Catalyst Trusteeship Limited has created a pledge over 49 lakh shares of MedPlus Health Services, taking its total encumbered holding to 2075.04 lakh shares. The pledged portion of the company’s total voting capital increased from 13.19% to 17.27%. The filing describes the move as part of routine shareholder financing disclosure, with no change in control or a major risk event. Still, the higher level of pledging can draw scrutiny over shareholder liquidity and governance stability.

Indian equity benchmarks were muted, with the Sensex ending flat and the Nifty slipping below 24,000. Hindustan Unilever (HUL) led declines after missing volume expectations, while Suzlon Energy, Godfrey Phillips India and Varun Beverages fell as much as 10% after weaker quarterly results. Coforge rose more than 10% on upbeat guidance. Large-cap IT stocks such as TCS, Infosys and Wipro are trading at a 20%-25% discount to their 10-year average valuations, while mutual-fund ownership has fallen from 15%-16% to 5%-6%.

Man Group reported first-half results showing assets under management reached a record $253.6bn. Core net revenue came in at $853m, with performance fee revenue up 21% year on year to $207m. Core profit before tax was $297m, beating analyst forecasts by 7%, while net inflows totalled $7.1bn, 3.4% ahead of the wider industry. The company said it has completed $29m of its share buyback programme, and the shares rose 6% to 318p.

Hong Kong’s Exchange Fund posted earnings of HK$134.7 billion in the first half of 2026, down 37% from a year earlier. The decline was driven by the Hong Kong stock portfolio swinging from a HK$22.9 billion gain to a HK$11.8 billion loss, alongside weaker bond income. The Hang Seng Index fell 11% over the same period, underscoring pressure across the local equity market.