Market News Today

Maharashtra's MCGM issued a civil works tender for Chandivali Vidhansabha beat no.156, L Ward, featuring a 60-day completion period, closing on October 26, 2026, with an EMD of ?3,763.

The Government of Maharashtra has issued a tender valued at approximately ₹0.04 crore for constructing cement concrete gutters in Shiradhane Pr. NER, Dhule, to improve local drainage and sanitation infrastructure.

The Municipal Corporation of Greater Mumbai has issued an ₹0.09 crore tender for civil works to construct a new tree uthala in F/North Ward, with submissions closing on October 26, 2026.

The Government of Assam has issued a ₹12 crore tender for the supply, configuration, and commissioning of the Assam Incident Response and Information System under the river basin management project.

The India-New Zealand free trade agreement takes effect, targeting NZ$7 billion in bilateral trade by 2030, offering 100% duty-free access for Indian exporters, and facilitating $20 billion in investments.

China's new export controls on heavy equipment like tunnel boring machines prompt India to accelerate domestic manufacturing schemes and assess impacts on critical infrastructure projects.

Canada's spring wheat outlook improves due to better harvest conditions and easing quality concerns, supported by strong grain exports through Vancouver, boosting market confidence.

Crude oil prices surged to $110 for Brent and $99.05 for WTI amid escalating Middle East tensions and shipping attacks, with forecasts suggesting Brent could reach $120.

Consumers in Gurugram and Nuh can choose between two power distribution companies after Eleven Power received a 25-year licence under the Electricity Act, 2003, marking Haryana's first parallel distribution approval.

The total number of active drilling rigs for crude oil and natural gas in the US remained steady at 603 for the week ending October 16, according to Baker Hughes data.