Market News Today

Officials said the funding pattern consisted of 70 per cent Asian Infrastructure Investment Bank (AIIB) loan support and 30 per cent from state government schemes and CSR funds.

Portugal's Minister of State for Economy, João Rui Ferreira, expressed readiness to contribute to India's infrastructure goals, highlighting strong India-Portugal trade ties. He emphasized opportunities in renewable energy, IT, textiles, and advanced manufacturing, advocating for joint ventures and technology transfer to deepen economic collaboration.

A delegation from the World Bank and the ADB was in Amaravati this Monday to take stock of the citys ambitious development projects. Their focus was on evaluating ongoing infrastructure efforts while ensuring adherence to environmental regulations and promoting labor rights.

India celebrates National Technology Day 2026, marking its shift from a tech services hub to a global innovation powerhouse. Leaders emphasize indigenous, secure digital infrastructure, AI, and 'Make in India' for sustainable growth and global leadership.

Global coal imports surged 27% in March-April 2026, nearing record volumes, due to Middle East energy disruptions. Qatar's LNG plant damage and Strait of Hormuz closure forced South Korea, Japan, and the EU to boost coal purchases, delaying plant retirements.

Odisha plans to adopt Kerala's advanced disaster warning system, KaWaCHaM, to enhance cyclone preparedness along its coastline.

Magnus Steel and Infra listed as approved supplier for Tata Motors projects in Gujarat & Maharashtra. Steel supply commenced via RIECO Industries.

VPA Chairperson M. Angamuthu inaugurates infrastructure and green energy projects, enhancing port efficiency and sustainability in Visakhapatnam.

Pune's civic body fast-tracks 33 missing link road projects worth ₹1,200 crore to ease congestion and boost urban connectivity. Aiming for completion by December 2026, this initiative will reshape commuting patterns and improve mobility.

Fedex Finance acquired 16.23% (22,46,998 shares) of SoftTech Engineers on May 7, 2026, through an open market purchase. Elimath Advisors simultaneously exited its entire 16.23% stake.