34 result(s) for “Business”
Provisional government data show gross GST receipts jumped 22.9 percent in October to ₹2.31 lakh crore, driven by a 42 percent rise in import-related taxes and stronger domestic sales ahead of Diwali. The windfall helps fiscal math now, but officials and analysts caution the boost may not be durable.
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.
Shipments of diesel from Indian refineries jumped in October, driven by tight global supplies and elevated international margins. The surge helps offset a rising crude import bill, but strong domestic demand and export levies will shape how much India can sell overseas.
Tata Motors subsidiary reached a controlling shareholding in Italy’s Iveco after a voluntary tender offer closed with acceptances that push its holding to about 89.4 percent, making the deal unconditional and opening the path to delisting and integration.
A battery-swap station for heavy electric trucks opened in Bhiwandi on October 27, 2026, in a joint initiative by Blue Energy Motors and Hindustan Petroleum. The facility aims to cut downtime to under five minutes, strengthen the Mumbai Pune electric freight corridor, and scale electrification of last mile logistics and regional haulage, while highlighting infrastructure, grid and standardisation challenges ahead.
KEC International has secured Rs 2,872 crore of turnkey orders from Power Grid Corporation of India to build 765 kV transmission lines tied to an 8.5 GW renewable evacuation programme in Gujarat. The deal widens KEC’s domestic order book and highlights accelerating investment in grid infrastructure as India scales wind and solar capacity.
Prime Minister Narendra Modi on October 25 inaugurated the Reserve Bank of India’s greenfield data campus and a cybersecurity training institute near Bhubaneswar, a move regulators say will strengthen payment-system resilience and create opportunities for local technology and services firms.
Prime Ministers Narendra Modi and Donald Tusk agreed to deepen economic cooperation and aim to double two way trade from about USD 6.3 billion by 2030, while signing measures to expand defence industry collaboration, energy and high technology links.
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.
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.
US Secretary of State Marco Rubio arrived in Mumbai on October 20, 2026, seeking to push a near finalised bilateral trade agreement while American and Indian officials also navigate sensitivities over India’s purchases of Russian crude. The visit, which will include stops in Jamnagar, underlines how trade, energy and private sector ties are converging at a critical moment for investment and industrial policy in India.
I could not find a reliable India-focused Business and Economy news item that was first reported or materially updated on 2026-10-20. Would you like me to broaden the date range or pick a different India business topic to research and write about?
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.
Hyundai Motor Group said on October 14, 2026 that it will invest $15.5 billion in India through 2032 to expand manufacturing, R and D, and local supply chains, positioning the country as a cornerstone of its global growth strategy.