Can India Build Its Own Tunnel-Boring Machines

In this episode of Markets Today, we decode 3 big stories — China’s export controls on tunnel-boring machines, the new airfare intervention rule, and how CONCOR and Adani Ports take part in India’s logistics growth.

China’s Tunnel-Machine Export Controls China has put controls on tunnel-boring machines and parts, calling them dual-use. India plans up to $9.6 billion of tunnelling investment, and L&T is building a prototype.

Rule 192 And Airfares From 1 January 2027, the Centre can temporarily direct airlines on fares in extraordinary situations, with no fixed cap. Airlines must show base fare, taxes and total payable separately, which doesn’t mean cheaper flights.

CONCOR vs Adani Ports CONCOR is rail-linked, with Q1 FY27 revenue up 0.28% to ₹2,160 crore. Adani Ports is broader, with Q2 FY27 revenue up 24% to ₹11,340 crore.