Market News Today

Delhi Metro's Phase-IV will add 4 new underground stations in central and east Delhi, costing Rs.175.6 million. Bids are due by January 12, 2026, to boost connectivity and ease congestion.

Tamil Nadu alleges Centre's discrimination after metro projects for Coimbatore (15.84 lakh) and Madurai (15.01 lakh) were rejected due to population criteria (20 lakh). DMK cites approvals for BJP-ruled states, while Centre points to TN's debt and policy.

U.S. associated natural gas output rose 6% to 18.5 Bcf/d in 2024, boosting chemical feedstock. Yet, American and Canadian households face rising energy bills, with U.S. winter heating costs up 28%, due to increased demand and export growth.

India must secure green digital prosperity by boosting exploration and strategic tie-ups for energy and critical minerals. The National Critical Minerals Mission aims to build domestic value chains, enhancing GDP contribution for technological sovereignty.

Kerala govt ordered KSERC to remove the 10 paise/unit power surcharge ceiling, potentially raising tariffs. This directive, under Section 108, aims to meet Centre's conditions for 0.5% GSDP additional borrowing for FY 2025-26.

Govt to revise highway contracts with revenue support for traffic shortfalls (>10%), toll period extensions (max 10%), and project buyback if traffic exceeds design capacity (e.g., 50,000-60,000 vehicles/day). Lenders get >80% repayment on termination.

Celanese restarted its Acetic Acid Plant in Pulau Sakra, Singapore, on November 24, 2025. The facility has a production capacity of 600,000 tons per year.

A fire, suspected from an electrical short circuit, broke out at Bengaluru's GBA commercial complex in Jayanagar. Two people were rescued, and officials are investigating the cause, with shops closed for inspection.

Indian ammonium sulfate subsidies are projected to boost import demand, according to traders. However, urea and potash imports will remain unaffected by these new subsidies.

Asian base oil prices stayed stable to slightly softer, with heavy grades under the most pressure due to oversupply and muted buying interest. Weak lubricant demand from automotive and industrial sectors, combined with abundant inventories and year-end destocking, continued to suppress spot activity. Despite refinery restarts and ongoing shipments, the overall sentiment remained weak as buyers expected further declines.