Market News Today

Indian chemical markets remain mixed, with firm crude and elevated feedstock costs supporting methanol, acetic acid and aromatics, while selective downstream buying limits broader price gains. Brent recovered to around $101/bbl on September 22 after a four-session decline, keeping near-term cost pressure elevated but improved Hormuz flows and potential US-Iran talks are capping upside risk.

In 2026, the transmission grid faced 8 incidents from safety corridor violations caused by kites, UAVs, and construction. Decree No. 133/2026/ND-CP imposes fines up to 30 million VND for such violations.

Arunachal Pradesh faces intense protests over large hydropower projects like the 2,000 MW Lower Subansiri and Siang initiatives, highlighting displacement fears, ecological risks, and the suppression of activists' free speech rights.

India's automotive sector is transforming through AI, software-defined mobility, and intelligent manufacturing, focusing on digital twins, workforce talent, and building a globally competitive ecosystem for future industrial growth.

PETROAN urges the Nigerian government to urgently restart state-owned refineries to ease rising fuel prices and boost domestic supply, despite $25 billion spent on past rehabilitation.

French day-ahead power prices surged 25% to 53.75 euros/MWh due to dropped wind and hydro output, alongside rising demand from colder temperatures and the European energy crisis.

Honda launched its third electric scooter, the QC3, in India at Rs 1.35 lakh. Featuring a 3kWh battery, 32L storage, and 5-inch TFT display, initial availability is limited to five cities.

Indian Hotels Company launched the Taj Tadoba Resort & Spa near Tadoba-Andhari Tiger Reserve, featuring 35 villas across 17 acres. One-night stays start at 10,000 rupees, offering safaris, a spa, and dining.

Engineers India shares surged 4% to a 52-week high after securing a $450 million contract from Dangote Group for a Greenfield Refinery and Petrochemical Plant.

India's auto fuel mix is shifting, with alternative fuels like EVs, CNG, and hybrids overtaking petrol in passenger vehicle retail sales for the first time, reaching 41.95 percent by August.