Market News Today

Maharashtra's monsoon deficit stands at 17%, yet Pune records a 20% cumulative surplus despite a 52-day dry spell, exposing flaws in relying solely on seasonal averages for urban planning.

Indian PVC prices are showing a firm-to-recovering trend, with Mundra offers currently around ₹96,500–₹1,04,500/MT across K57/K67 grades. Higher import thresholds, improving pipe-sector demand and reduced availability of low-priced imports are supporting domestic pricing, although elevated inventories and cautious downstream buying continue to limit sharp near-term gains.

Chief Minister C Joseph Vijay inspected the state power utility headquarters, directing officials to resolve power supply glitches, promote renewable energy, and utilize subsidies for rooftop solar installations.

The 70th UTTIPEC meet approved six DMRC Multi Modal Integration projects and two PWD road projects, including an elevated corridor and ROB widenings, to improve transit connectivity and ease traffic congestion.

The environment ministry panel denied an extension for the 93-megawatt New Ganderbal hydropower project in Kashmir due to construction delays, demanding a fresh proposal and updated project details.

Samsung secured private network AI-RAN contracts with KT Corp and SK Telecom for South Korea's Hyper AI Network initiative, deploying 5G Standalone networks across industrial environments starting October 2026.

US EV adoption creates a two-tier fuel market, with national average charging costs at $1.56 per gallon equivalent versus $4.43 for gasoline, exposing deep regional price variations across states.

Residents of five Dholka villages have protested for over a month against industrial chemical waste dumping linked to health issues. Despite 15 years of appeals, protesters plan highway agitations.

Centre and states committed over Rs 1.25 lakh crore for India's EV ecosystem, driving 2.5 million vehicle registrations in 2025-26 and pushing EV penetration to 8.25% amid growing infrastructure.

India's Day-Ahead Market electricity prices more than doubled in September 2026, averaging INR 7,772/MWh, driven by a 430% surge in purchase bids and severe evening supply scarcity.