Market News Today

MS structural steel prices in India remained stable to firm as infrastructure, industrial construction, and fabrication demand continued to support market sentiment. Primary mills maintained pricing discipline, while secondary market competition capped sharp increases. Comfortable inventories and steady project execution are expected to keep structural steel prices largely supported in the near term.

Delhi's review targets stubble burning, intensifying crop residue management to combat winter pollution. Strategies include machinery subsidies and waste-to-energy integration, aiming to improve air quality for 30 million NCR residents despite challenges.

Delhi-NCR sees sharp temperature dip to 33.3°C, easing heat stress with rainfall forecast until June 21. This brings relief, reduces energy demand, and improves air quality, but highlights urban climate volatility.

Hyderabad's Genome Valley secures a $20 million investment from a local pharma company for a new drug development and scale-up facility, strengthening the city's life sciences hub and boosting research capabilities.

Hyderabad's Rasoolpura residents report months of discoloured, foul-smelling tap water due to sewage contamination from ageing infrastructure. They demand urgent civic action, repairs, and safe water to prevent disease outbreaks, highlighting urban resilience challenges.

Hyderabad's water utility is overhauling its network with smart monitoring devices across hundreds of reservoirs. This aims to cut significant water losses from leakages and theft, improving efficiency, accountability, and sustainability for the city's water supply.

Intercity travellers increasingly choose quality highways like the Hyderabad corridor over shorter routes, prioritising reliability and comfort. This shift reflects India's evolving transport infrastructure and its impact on mobility patterns.

Pune's civic administration has initiated public review for a road connectivity project to ease congestion in Vadgaon Budruk, Sun City, and Karvenagar. The plan includes new links and land acquisition to support future traffic and river bridge access.

The Mumbai-Pune Expressway's 'missing link' cable-stayed bridge is getting advanced wind protection systems. This upgrade enhances safety, especially during monsoons, by mitigating strong crosswinds, reflecting a broader trend in climate-resilient infrastructure planning for India's busiest corridors.

Drivn's EV leasing makes India's fleet electrification accessible, overcoming high upfront costs. It reduces emissions by 12 tons CO2/year per bus and cuts operating costs by 30-50%, powering sustainable growth.