Market News Today

VinFast is exploring bringing its largest electric SUV, the VF 9, to India. Featuring a 123kWh battery, 626km range, 402bhp, and Level 2 ADAS, its launch date remains unconfirmed.

India's oil and gas sector faces a margin squeeze due to elevated crude prices, negative fuel marketing margins, and high spot LNG costs at $24/MMBtu, despite strong refining cracks.

India's recent GST reform reduced taxes on mass apparel but left a widened tax inversion at the polyester feedstock sector, threatening the competitiveness of the synthetic textile industry and raising cost concerns.

The Union Cabinet approved a 160.18 km coastal highway in Odisha connecting Rameshwar and Paradeep at Rs 83.0079 billion to reduce travel time, ease congestion, and boost regional trade.

The Kerala government sanctioned Rs 100 million to the Kochi Municipal Corporation for repairing a 3.1-kilometre stretch of Sahodharan Ayyappan Road following Kerala High Court directives regarding surface sinking.

The Greater Chennai Traffic Police announced night traffic diversions on OMR from September 1 to 5 to facilitate CMRL Phase two sewer pipeline rectification work.

MCPI and IOCL signed a joint venture to establish a ₹5,000-crore polyester manufacturing facility in Bhadrak, Odisha, boosting India's domestic textile and petrochemical value chain.

The Iran war has severely disrupted Strait of Hormuz energy transit, forcing Asian importers like India and Japan to significantly increase their reliance on US crude and LNG supplies.

A five-storey building collapse in Delhi killed five people, exposing severe infrastructure gaps, weak regulatory enforcement, and poor maintenance driven by rapid urbanisation.

Indian Railways approved the Rs 272 crore Adra-Joychandipahar bypass line in West Bengal to boost freight capacity, ease network congestion, and support growing industrial traffic.