Market News Today

Rising memory chip costs have prompted global players to scale back in the sub-Rs 20,000 segment, enabling Indian brands like Ai+ and Lava to capitalize and witness surging sales.

The government revised windfall gains tax effective October 16, increasing it on petrol exports to Rs 2.5 per litre and reducing it on diesel to Rs 8.5 per litre, while keeping aviation turbine fuel unchanged.

US natural gas prices rose to about $3.26 per million British thermal units, nearing a three-week high following a government report showing a smaller-than-expected increase in storage inventories.

Canadian engineering firm VZFOX is entering India to support mature oilfield redevelopment, enhanced oil recovery, and carbon storage projects, aiming to help reduce the nation's rising crude import dependence.

Australia and New Zealand are among the fastest-growing EV markets globally following a fossil fuel supply crisis. Globally, electric cars have displaced 200 million barrels of crude oil, saving $29 billion.

Assam teachers urged the government to provide school-bound tablets for Shiksha Setu attendance to prevent proxy check-ins. Discussions also covered financial clearances, non-academic duties, and school infrastructure demands.

Delhi Metro station restrictions surged to 100 in 2026, comprising nearly 30% of all restrictions since 2017, largely driven by a rise in protest-related closures and security concerns.

In August 2026, Russia, the US, and the UAE supplied over two-thirds of India's 191.2 lakh tonnes of oil imports. Total import bills rose 25% year-on-year to $12.2 billion amid elevated prices.

India's NTPC partners with 247Solar for a 1MW hybrid solar thermal project in Rajasthan, signing a 25-year PPA to deliver round-the-clock clean power and reduce coal reliance.

Educational institutions in Andhra Pradesh celebrated Innovation Day, honoring Dr. A.P.J. Abdul Kalam. Events featured an expo with 375 student models from 50 colleges, showcasing sustainable technological solutions.