Market News Today

IndiGo will resume flights from Kolkata to Shanghai, Singapore, and Siem Reap starting October 1, restoring international connections ahead of the Durga Puja holiday period following earlier geopolitical suspensions.

A sustained crude rise above $100 per barrel threatens India's urban fuel economy, impacting oil marketing and city gas margins unevenly. Sector impacts depend on refining integration, sourcing models, and pricing policies.

Tamil Nadu's BJP urges the state government to provide free electricity for Vinayaka Chaturthi pandals, citing heavy temporary connection charges of up to Rs 15,000 that burden festival organisers and devotees.

The 310-km greenfield highway connecting Nagpur and Vijayawada is scheduled for completion by December 2027, following resolved land acquisition issues and renewed government commitment.

The US oil rig count increased by 1 to 450 for the week ending September 11, marking a rise of 34 rigs compared to the previous year, according to Baker Hughes data.

Rising Brent crude crossing $100 per barrel causes severe losses for Indian OMCs, with negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel.

Northern Railway has invited a Rs 3,612.57-crore EPC tender for the 194-km third and fourth railway lines between Delhi Subjimandi and Ambala Cantt, boosting capacity at an approved cost of Rs 5,983 crore.

Siemens Limited is merging its wholly owned subsidiary, Siemens Rail Automation, following NCLT approval. The integration streamlines operations, combining a ?382 crore turnover and ?83 crore operating profit with zero equity dilution.

In 2026, running costs vary significantly across drivetrains. Home-charged EVs are cheapest below Rs 2/km, followed by CNG at Rs 2.62/km, strong hybrids at 22 kmpl, and standard petrol at Rs 7.41/km.

India and African partners like South Africa and Ethiopia are driving a development-oriented energy transition, leveraging concessional financing, decentralized solar technology, and BRICS cooperation to expand electricity access and industrial growth.