Market News Today

US President Donald Trump issued an executive order waiving up to 100% tariffs on Russian energy imports, providing significant economic relief to major buyers like India and China amid domestic fuel price concerns.

Hyundai's new compact electric SUV, codenamed HE1i built on the E-GMP platform, is slated to debut in India in January 2027, featuring Level 2 ADAS and offering Standard and Long Range versions.

Suraas Ventures is launching India's first electric fishing vessel in Kakinada. The six-hour battery-operated boat aims to lower fuel costs and emissions, marking the start of a pan-India marine EV expansion.

OPEC held high-level dialogues with China and India, focusing on oil market stability, energy security, and investments. China consumed 17.36 million bpd and India 5.64 million bpd in 2025.

Apple cut India production for the standard iPhone 17 after a 20% price hike to ₹99,900 reduced demand, redirecting capacity to exports while Pro model sales remain strong.

International Energy Agency members will accelerate emergency oil stock releases, including over 20 million barrels of diesel, to ease tight supplies and relieve strain on global fuel markets.

VLF launched its Strada electric scooter range in India, starting at ₹1,19,999. It offers City and Max variants with ranges up to 250 km, removable batteries, and a top speed of 85 kmph.

Following a pipeline explosion at Aleto, the Eleme council chairman urged the Federal Government to declare a state of emergency on gas infrastructure, citing recurring leaks, environmental degradation, and health risks.

India aims to double uranium production by 2036 and reach 100 GW nuclear capacity by 2047, but faces local anxiety, health concerns, and community resistance to mining projects across various states.

Andhra Pradesh's Lower Sileru Hydroelectric Project is expanding capacity from 460 MW to 690 MW with a 536 crore investment, becoming the state's second-largest hydel power station.