Market News Today

TMT steel prices in India continued to strengthen as robust primary market demand, lean distributor inventories, and reduced mill production tightened supply. Higher fuel costs and growing order backlogs further supported the uptrend. The market is expected to remain firm, with prices likely to stay elevated in the near term.

Starting July 15, HSVP requires an authorized representative to be physically present during primary property sale deed registrations in Gurugram to improve transparency and prevent documentation irregularities.

Incomplete road repairs spanning over 219 kilometers in Gurugram worsen monsoon waterlogging and travel risks, highlighting critical urban infrastructure gaps and maintenance delays affecting daily mobility.

Gurugram's Shankar Chowk traffic revamp is paused as planners redesign road infrastructure to integrate with the upcoming RRTS mass transit station, ensuring long-term sustainable urban mobility and commuter safety.

Telangana approved planning relaxations for a 30-metre commercial high-rise in Jubilee Hills, linking development concessions to 36-metre road widening and infrastructure improvements.

Telangana government sets a September 30 deadline to complete the Bahadurpally Kompally Road Widening Project, aiming to boost urban mobility and connectivity across Hyderabad's north-western suburbs.

Cyberabad traffic police urged IT firms to stagger employee logouts due to heavy rain forecasts, aiming to ease peak-hour congestion and ensure commuter safety with winds reaching up to 40 kmph.

Localized evening rain in Hyderabad caused peak-hour traffic delays and congestion, despite negligible rainfall. Meanwhile, Medak and other districts recorded heavy downpours, impacting urban mobility and economic productivity.

Professionals in Hyderabad are increasingly adopting bicycles for their daily 12-kilometre commutes to reduce emissions and avoid traffic, highlighting the urgent need for dedicated cycling infrastructure and integrated urban transport planning.

The nearly 80-kilometre Gorakhpur Sonauli Highway is in its final phase, creating an 815-830 km high-speed corridor from Delhi to the Nepal border to boost regional mobility, trade, and tourism.