Market News Today

Goa's international charter season began early with an Aeroflot flight from Yekaterinburg carrying 162 passengers. Tourism authorities project Russian arrivals to increase to 45,000, alongside upcoming flights from the UK and Kazakhstan.

Kolkata's Health Department has linked six government medical colleges with private hospitals to provide free treatment for patients facing public system bed shortages.

Dhule Municipal Corporation issued a tender for a Bus Transport Expert Consultant under the PM e-Bus Sewa Scheme, valued at ?0.045 Crore. Bids close on October 8, 2026.

Electric two-wheeler maker Simple Energy raised Rs 1,750 crore in Series C funding, pushing total funds past Rs 2,530 crore to scale manufacturing, clear backlogs, and expand retail presence across India.

UAE-based AIQ announced its entry into India's oil and gas sector. Backed by ADNOC and Presight, the industrial AI provider is expanding its international footprint with its ENERGYai platform.

India and the UAE are planning a deep-water undersea pipeline to transport oil and gas, bypassing the Strait of Hormuz to secure energy supplies and reduce shipping dependence over 5 to 7 years.

Gulf energy disruptions threaten India's economy, as 60% of crude and LNG and 85% of LPG rely on the Strait of Hormuz, prompting India to accelerate supplier and route diversification.

The government extended key export schemes like RoDTEP and RoSCTL by three months to December 31, alongside enhanced insurance cover until March 2027, to support exporters amid the West Asia crisis.

By 2030, half of global LNG capacity will be concentrated in two countries, causing potential supply shortfalls. Consequently, seven floating LNG projects adding 18 mmtpa have been sanctioned to diversify supply routes.

US natural gas prices steadied around $3.0 per MMBtu following three consecutive sessions of losses, as weather forecasts indicated limited heating and cooling demand across the country.