Market News Today

In August 2026, the Indian Energy Exchange achieved its highest-ever monthly electricity traded volume of 13,938 million units, marking a 20.2% year-on-year growth driven by rising market prices.

India's average retail sugar price dropped 3.85% to ₹62.57/kg following government measures like allowing imports and tightening stockholding norms, though prices remain 27% higher than last month.

Black Sea conflicts and shipping disruptions have driven global wheat prices to record highs, forcing buyers to seek alternative supplies from Australia and North America.

Chinese researchers have successfully developed a method to utilize billions of tonnes of previously unused low-grade iron-bearing mine tailings, addressing national iron ore supply challenges.

Adani Power reduced electricity supply from its 1,600MW Godda plant to Bangladesh during off-peak hours due to rail coal transportation disruptions.

State-run NMDC reported a 21% rise in August iron ore production to 4.07 million tonnes and a 5% increase in sales to 3.58 million tonnes, driven by record outputs at key mining projects.

New Mangalore Port Authority achieved a milestone by handling its first-ever export of 31,500 tonnes of steel grade pig iron to Kenya, as overall cargo handling grew by 11.13 percent.

Crude oil prices fell globally, with Brent at $95.17 and WTI at $90.74, following US strikes on Iranian rocket and radar systems and a 4.5 million barrel drop in US commercial inventories.

J&K reviewed progress on inland water transport projects across Jhelum, Chenab, and Ravi rivers, alongside the rollout of 50 public EV charging sites and 200 electric buses under the PM E-DRIVE scheme.

Vipul Organics' arm ADIMEM Technologies acquired an industrial membrane manufacturing platform from Denmark's Aquaporin to boost India-based production of RO and NF membranes at its Gujarat facility.