Market News Today

India's base metals market traded mixed as aluminium and copper gained on tightening inventories and supply concerns, while zinc declined amid inflation fears linked to Middle East tensions. Demand remains cautious despite strong long-term fundamentals. Government policy on aluminium scrap imports and global macroeconomic developments will remain key market drivers.

Delhi launches a ₹9,585 crore Commercial Vehicle Renewal programme to replace 2.07 lakh old trucks/buses with BS-VI/electric models. It offers tax waivers and incentives, aiming for cleaner transport and improved air quality in NCR.

Delhi plans 5 new parking facilities for nearly 4,000 cars, investing over ₹661 crore. Aimed at easing traffic, improving land use, and boosting urban mobility, these projects await government approval.

Delhi NCR's sulphur dioxide burden is rising due to coal power plants, many exempted from FGDs under revised norms. This raises concerns for future air quality and public health, especially with increasing electricity demand.

The Meerut Haridwar RRTS extension to Rishikesh is progressing, aiming to create a vast regional transit network. It will boost mobility across Delhi-NCR, UP, Uttarakhand, and Haryana, connecting key centers and supporting economic growth.

Delhi NCR's luxury housing market is set for two active years, driven by rising wealth, infrastructure boosts like Dwarka Expressway and Noida Airport, and overseas investment. While prices will grow, sustainable urban planning is crucial for long-term success.

Delhi NCR rain exposed drainage gaps, causing waterlogging and traffic. Uttar Pradesh faces monsoon slowdown, raising agricultural concerns. Intermittent showers expected for Delhi NCR in next 24 hours, highlighting urban challenges.

India's EV policies largely ignore shared LSEVs, crucial for sustainable urban mobility. Platforms like Yulu avoid 65,000 kg CO2 daily, enable 20M green deliveries monthly, and support 5 lakh gig workers, needing policy recognition.

India's June inflation hit 4.38%, up from 3.93% in May, signaling global inflation risks. Driven by 85% fuel import reliance and Gulf tensions, its central bank forecasts 5.1% inflation and softer growth, warning other economies.

Bengaluru plans to expand its metro network to nearly 500 km, aiming for mass transit-led urban development. This ambitious project seeks to ease congestion, boost sustainable mobility, and stimulate economic growth, reshaping the city's transport landscape.