Market News Today

Bitumen price today in India is rising sharply due to supply disruptions linked to Gulf tensions. With over 40% import dependency, shortages have stalled road projects across Rajasthan, Bengaluru, and other regions. Peak construction season demand is worsening the situation, while prices and project delays are expected to persist in the near term.

Aluminium price today in India remains volatile amid global uncertainty, strong dollar, and mixed demand trends. Rising inventories in China are pressuring prices, while supply disruptions offer support. Geopolitical tensions and backwardation trends highlight near-term tightness but long-term uncertainty, keeping the market rangebound with downside risks in the short term.

Copper prices in India declined amid weak domestic demand and cautious market sentiment. Rising global inventories and slowing consumption, particularly in China, are adding pressure. Meanwhile, geopolitical tensions linked to Iran are increasing uncertainty. Short-term outlook remains soft, though supply risks could trigger volatility and potential recovery in the longer term.

India's Tier 2/3 real estate sees rising investor interest driven by infrastructure growth, promising land value appreciation. Challenges include liquidity, affordable housing gaps, and environmental concerns, requiring long-term sustainable planning.

Mumbai's skyline is booming with ultra-tall residential towers like Palais Royale (320m), driven by land scarcity and luxury aspirations. This vertical growth integrates sustainability but also raises concerns about infrastructure strain and equitable housing.

Southeast Asia's power markets remain stable despite the Middle East crisis, but energy security is now central. Rising gas prices will impact tariffs until Q2 2026, accelerating long-term shifts towards nuclear (1.2-6.4 GW) and firmed renewables across the region.

ERC suspended WESM operations nationwide from March 26, 2026, due to a global energy crisis and price volatility. A Modified Administered Pricing Mechanism is expected by April 1, 2026, to stabilize supply and protect consumers.

Dosti Realty launched Dosti 604, a 56-storey residential tower in Thane's Wagle Estate, meeting demand for vertical housing in MMR. The project emphasizes integrated living and sustainability amidst urban transformation.

Puravankara's first Mumbai redevelopment project in Andheri West achieved over ₹800 crore in initial sales. This signals strong demand for upgraded housing and growing participation of organized developers in the city's transforming redevelopment segment.

CERC finalized DVC's transmission tariffs for 2019-24 true-up and 2024-29. Approved annual charges for 2019-24 ranged from ₹2206 lakh to ₹1915 lakh, lower than claimed. Capital cost for 2024-29 is ₹13,472 lakh, with ₹350 lakh capex.