Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Truck operators reel as diesel crunch pushes freight rates higher
Nearly 20% of India's trucks are off the roads. Diesel shortages and price hikes are crippling the transport sector. Small operators are hit hardest. Freight rates are increasing, threatening to raise prices for food and other goods. Oil companies state shortages are localized. Demand is expected to ease with the monsoon.
'When nations engage in conflict, neighbouring countries are invariably affected': UP minister Om Prakash Rajbhar on repeated fuel price hikes
Fuel prices are rising again across India. A minister blames global supply issues due to the Iran-US conflict. Petrol prices in Delhi have now crossed 100 rupees per litre. This is the fourth increase in less than two weeks. Opposition parties are criticizing the government. They say the hikes pressure household budgets and transport operators.
Petrol Price Check: Just Three States/UTs Hold Out Below Rs 100/Litre — See Which States Have Breached Rs 110
Fuel prices continue to vary across cities based on transport costs, dealer commissions and local taxes, but the broader trend reflects the mounting pressure from global crude markets and regional geopolitical instability.
Petrol, diesel prices in India rise for 3rd time: Public calls fuel rate hike a "big blow", demands regulation
Fuel prices, including petrol, diesel, and CNG, have seen multiple increases recently, significantly burdening middle-class families and daily commuters. Residents express frustration over rising costs and stagnant incomes, while taxi drivers face challenges with unrevised fares. These hikes are attributed to global energy market volatility and are expected to raise transport costs and inflation.
Measures announced to ease bottlenecks in Gulf bound container movements
The government is taking steps to clear cargo backlogs at ports. Measures are being implemented to speed up container movement and reduce delays. These actions aim to support businesses and ensure smooth trade operations. Efforts are underway to increase driver availability and utilize rail transport more effectively.
After Mumbai rainfall contracts, NCDEX plans temperature, eastern monsoon-linked derivatives
Arun Raste, MD & CEO of NCDEX said that NCDEX believes sectors such as agriculture, FMCG, banking, transport and power could increasingly use weather-linked contracts to manage losses caused by excess or deficient rainfall.
Interest subvention scheme likely for e-buses, e-trucks; Centre may earmark ₹6,960 cr
The government is weighing cheaper loans and other incentives to help private operators buy electric buses and trucks, aiming to cut fossil fuel use and boost cleaner transport. Officials believe the proposed support could make costly EV fleets more affordable and unlock large private investments in commercial electric mobility.
Bandra Demolition Drive: Massive Crackdown On Illegal Encroachments—All You Need To Know
Western Railway has launched a major demolition drive near Bandra East to clear over 400 illegal structures on Railway land, amid heavy security for a major transport redevelopment and capacity expansion plan.
Delhi-NCR to get highway projects worth Rs 34,000 cr: Gadkari
Delhi-NCR is set to receive a major transport upgrade. Over ₹34,000 crore will be invested in new highway projects. These include expressways, ring roads, tunnels, and elevated corridors. The government aims to create a modern and future-ready transport network. This initiative will boost connectivity, reduce fuel use, and promote economic growth in the region.
Next bullet train at 350 kmph: Railway Minister Ashwini Vaishnaw
India's next bullet train will reach speeds of 350 kmph. Design work starts in six months. Indian Railways will also boost domestic cargo movement by rail. This aims to lower fuel consumption. Reforms will simplify norms for container transport. Cement, automobile, and salt loading have seen growth. Fly ash transit reforms are next. Passenger travel efforts are also underway.
Centre plans Guwahati Water Metro in Phase I of nationwide rollout: Union minister Sarbananda Sonowal
India is set to launch Water Metro services in 18 cities, with Guwahati leading Phase I. This initiative aims to transform waterways into efficient public transport corridors. The project prioritizes green technologies and aims to reduce urban congestion. Feasibility studies are underway, with several cities already having their reports accepted. The government is committed to sustainable and inclusive mobility solutions.
Amazon Now to deploy 1,000 Eicher electric trucks
Amazon India is introducing 1,000 electric trucks for its Amazon Now service by 2028. Fifty trucks are already on the road. These vehicles will transport goods between fulfillment centers and micro-fulfillment centers. The initiative aims to support quick commerce operations across India, starting with key cities.