Market News Today

India's electricity prices surged to the ₹20 per unit ceiling in September as peak power demand hit a record 269 GW, driven by high cooling and irrigation needs amidst tight supply.

Chennai Metro successfully completed complex tunnelling 20 metres below an operational line for Corridor 4, clearing a major engineering hurdle toward the December 2027 project completion target.

India's first indigenous bullet train is set for trail testing in May 2027 and a full launch by August 2027, featuring a 508 km corridor connecting Mumbai and Ahmedabad.

China urged steady coal production following spot price rises. Despite expanding wind and solar capacity targeting 30 percent clean energy by 2030, coal remains a crucial flexible backstop, causing recent import volatility.

US President Trump signed the Sanctioning Russia and Iran Act, authorizing up to 100% tariffs on top Russian energy buyers like China and India, alongside expanded sanctions on Moscow and Tehran.

Pennsylvania DEP published permit notices and opportunities to comment for oil and gas facilities, including 13 unconventional well permits and various air quality and waste management updates.

Driven by regulatory bans, the global formaldehyde-free durable press resins market is projected to grow at a CAGR of 6.2% through 2035, with Asia-Pacific accounting for over 55% of world demand.

Maruti Suzuki launched automatic S-CNG variants for Swift, Dzire, and Baleno, featuring AMTs and fuel efficiencies up to 36.47 km/kg, following a 58 percent surge in quarterly S-CNG sales.

The US passed a bill threatening 100% tariffs on Russian energy buyers, targeting India which sources 45% of its crude from Russia. India remains firm on protecting its energy security and strategic autonomy.

TRAI tightened anti-spam rules, introducing AI detection, a 5 paise per minute A2P call charge, and stricter verification. If five numbers are flagged within 10 days, operators face strict enforcement actions.