Market News Today

Hyderabad's Mokila Layout project attracted over 150 bidders at a pre-bid meeting, reflecting strong interest. HMDA expects robust participation in the e-auction scheduled for June 29-30 for plots in the strategically located area.

Telangana seeks Union government support for industrial growth, focusing on manufacturing, logistics, and innovation projects. It aims to attract investments, strengthen competitiveness, and create jobs through infrastructure development and specialized industrial parks.

A Hyderabad community in Madhapur invested in rainwater harvesting and groundwater recharge. This initiative reduces tanker dependence, lowers costs, and boosts urban water resilience, offering a sustainable solution for growing cities facing water pressure.

Hyderabad's western corridor faces daily delays for thousands due to a critical missing road link, a short segment blocked by defence land. Residents urge authorities to resolve the issue, impacting travel times, fuel, and emissions.

Hyderabad's monsoon reveals growing road safety risks due to widespread deterioration, potholes, and delayed maintenance. This exposes infrastructure failures, causing accidents and raising concerns over urban resilience and accountability.

Hyderabad's stormwater drain network faces scrutiny over design flaws, capacity mismatches, and incomplete works in rapidly developing areas. Residents fear increased flood risks due to inadequate integration and blocked channels, especially with intensifying monsoon activity.

Base oil prices in Asia have softened from April highs as crude oil and feedstock costs eased, improving supply availability across Group I and Group II grades. However, Group III base oil prices remain elevated due to Middle East production disruptions and supply shortages. Indian buyers remain cautious amid monsoon-driven demand uncertainty.

Polymer prices in India are witnessing increasing downward pressure as crude oil remains below $80/bbl, Chinese futures weaken sharply, and domestic production disruptions begin easing. Falling international offers, rising material availability, and cautious buying sentiment are shifting the market from supply-driven tightness toward a more balanced and potentially bearish phase.

Chennai is installing smart water meters in nearly one lakh high-consumption properties to boost water accountability, distribution efficiency, and climate resilience. This IoT-enabled project aims to modernize urban water management over the next decade.

Southern Railway extended Vande Bharat booking to 15 mins before departure for all 17 trains, boosting occupancy and revenue. In 2025-26, 24 services carried 77 lakh passengers, generating ₹800 crore, enhancing accessibility and utilisation.