Market News Today

Japan Credit Rating Agency upgraded India's sovereign rating to A-, joining other agencies recognizing 7.8% GDP growth and stronger banks, though high public debt and low per-capita income remain key concerns.

The global piperylene market is projected to grow from USD 1.6 billion in 2026 to USD 2.2 billion by 2033 at a 5.2% CAGR, driven by rising demand in adhesives, packaging, and resins.

Russian Ambassador Denis Alipov criticized Western secondary sanctions on oil imports, assuring that Russia is ready to supply India with as much oil as needed despite a proposed US tariff bill.

An Antonov AN-124 cargo aircraft carrying 46 tonnes from Abu Dhabi landed at Navi Mumbai International Airport, highlighting its capability to handle oversized and specialized freight operations amid expanding international cargo services.

India and the United States have agreed to deepen cooperation on critical minerals and secure supply chains, aiming to strengthen resilience for advanced manufacturing and clean energy technologies.

West Bengal has approved a joint reconnaissance survey led by MOIL Limited to assess manganese reserves in the Jhargram district over a five-day period in September 2026.

India plans to build 100 new airports over the next 10 years under the Modified UDAN scheme with a Rs 300 billion outlay, expanding regional connectivity and boosting economic growth.

The NHAI ordered the demolition and reconstruction of a 500-metre stretch of the Rs 26 billion Ujjain-Garoth Highway after an elevated section sank for the second time in seven months.

The Centre has sanctioned Rs 15.04 billion for 110 road projects covering 598.455 km under the PMGSY scheme across the Udhampur, Kathua, Doda, and Kishtwar regions to boost rural connectivity.

Mahindra is preparing three new SUVs for the Indian market, including the Thar facelift, the BE 07 electric SUV, and the Vision S, with launches planned through 2027.