25 result(s) for “economy”
New rules that take effect on November 1, 2026 change how post sale discounts are treated and speed provisional refunds for sectors with inverted duty structures, measures aimed at easing working capital pressures for exporters and manufacturers.
India benchmark indices ended October with a rebound, led by heavy buying in banking, consumer and select IT names after global rate signals and easing crude oil pressure lifted sentiment. Domestic flows and festive demand underpinned the rally.
Foreign portfolio investors have withdrawn a net Rs 48,056 crore from Indian equities so far in October, taking 2026 cumulative outflows past Rs 3.08 lakh crore. Analysts point to high crude prices, Middle East tensions, weak corporate earnings and global rate pressures as the main drivers.
Jio Platforms closed its three day initial public offering with record demand on October 23, 2026, attracting bids worth more than Rs 7.4 lakh crore and setting new benchmarks for India equity market appetite and liquidity dynamics.
The Wadhwani Innovation Network at IIT Bombay, in partnership with the Manipal Government of Karnataka Bioincubator, launched a competitive non dilutive grant program on October 23, 2026 offering up to Rs 1 crore to de risk technology translation for Indian health and bio startups. The move aims to accelerate commercialization of lab stage innovations and strengthen India’s bioeconomy pipeline.
Jio Platforms Ltd’s Rs 30,213 crore initial public offering was fully subscribed within hours, driven by heavy institutional demand and large anchor bookings. The blockbuster opening lifts market expectations for primary issuance and intensifies debate over retail participation and pricing ahead of listing.
Jio Platforms, the digital and telecom arm of Reliance Industries, opened a roughly Rs 30,000 crore initial public offering on October 21, 2026. The three day subscription window marks the country’s biggest share sale and will test investor appetite for a high valuation and a capital markets milestone.
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Jio Platforms filed a Red Herring Prospectus on October 14 and set an IPO that opens October 21. The offer, including a reserved slice for Reliance shareholders, could raise about Rs 30,000 crore and marks one of India’s biggest listings this year.
The cult holiday pop up Miracle Toronto will open two locations on November 20, combining kitsch holiday design, new food partnerships and fundraising for a Toronto women s shelter, a move organizers say reflects growing demand for seasonal experiential hospitality.
The Union Cabinet on October 14 approved the sale of a 60.72 percent combined stake in IDBI Bank to an entity backed by Canada’s Fairfax Financial Holdings for Rs 52,878 crore. The transaction, cleared on October 15 for publication, is a landmark foreign direct investment into India’s banking sector and raises questions about valuation, market response, and the future of state ownership in banking.
The government and oil retailers shifted petrol and diesel prices on October 13, 2026, cutting petrol while nudging up diesel. The move will ease costs for some motorists but raises concerns about transport inflation and fiscal balances ahead of the festive season.
The 30th Celtic Colours International Festival opened on October 9 and moves through October 17 with concerts, workshops and community meals that local organizers say are meant to put island culture and language at the center of the celebration.
Finance Minister Nirmala Sitharaman held a series of high level meetings in Singapore on October 11, 2026, pressing sovereign funds and private investors to increase long term investments into Indian infrastructure, semiconductors, digital finance and healthcare projects.
Reliance Industries announced Jio Platforms will launch an initial public offering on October 21, 2026, seeking at least Rs 30,000 crore and positioning the telecom and digital arm for rapid expansion and debt reduction at the group level.