Market News Today

India’s polypropylene (PP) market is expected to remain stable to rollover on October 8, with buyers continuing need-based procurement as domestic open-market prices remain below company-listed levels. However, rising crude oil prices, a weaker rupee and higher import replacement costs are increasing upward cost pressure, limiting the scope for further domestic price reductions.

The Government of Maharashtra has issued a civil works tender worth ₹0.0356 crore for PF door installation in Khar West's H West Ward. Bids close on October 14, 2026.

Electrical contractors and stakeholders in Karnataka have opposed draft regulations allowing consumers to self-certify electrical installations up to 150 KW, citing lack of technical expertise and safety risks.

MP G Kumar Naik urged NHAI officials in New Delhi to expedite highway projects in Karnataka, including the Raichur-Belagavi and Surat-Chennai routes, stressing quality and resolution of land acquisition issues.

InfiSol Energy has commissioned a 3.7 MW solar plant in Dhule, Maharashtra, under the PM KUSUM Scheme, utilizing First Solar modules and GoodWe inverters to expand its utility-scale portfolio.

A new ICCT study reveals that electric tractors reduce per-acre energy costs by 64% to 84% compared to diesel, offering significant financial savings and lower emissions for Indian farmers.

The Centre has approved Rs 993.64 crore to upgrade the Rangpo-Ranipool stretch of National Highway-10 in Sikkim into a resilient two-lane highway featuring tunnels, viaducts, and slope-protection measures.

The Power Ministry issued guidelines for fixing land compensation rates using Market Rate Committees when market prices exceed circle rates, aiming to resolve Right of Way delays for inter-state transmission lines.

Telangana Deputy CM Mallu Bhatti Vikramarka ruled out power utility privatization, accusing the previous BRS government of planning failures, coal shortages, and delays in the Yadadri thermal project.

Rajasthan Chief Minister Bhajan Lal Sharma highlighted major infrastructure, water security, and renewable energy projects worth thousands of crores, praising PM Modi's leadership for driving the state's rapid development.