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11 stories updated 1 day ago

Information card showing the Jio Platforms IPO price band, minimum lot and closing date.Jio Platforms IPO subscribed more than three times on day one as institutions bid over nine times their quotaBids for Jio Platforms' public issue covered the shares on offer more than three times on the first day of bidding, 21 October. Institutional buyers bid for over nine times their portion, while retail investors filled more than 70% of theirs.Subhash 4 days agoUS Secretary of State Marco Rubio and External Affairs Minister S Jaishankar hold document folders in front of US and Indian flagsRubio says US is ‘very close’ to India trade deal as he meets Jaishankar in MumbaiSpeaking in Uzbekistan, the US Secretary of State linked the trade talks to a pause on Russia-related tariffs. He was due to meet External Affairs Minister S Jaishankar in Mumbai on 20 October.Subhash 5 days agoIndian rupee notes of different denominations, with US dollar bills in the background.Oil is not the whole story: Subbarao blames years of capital outflows for the weak rupeeFormer RBI Governor D. Subbarao says oil is only part of the story, the Finance Minister points to foreign money leaving Indian shares, and industry is backing the official response. Here is what that means for your pocket.Dinesh Raja 5 days agoContainer cranes and a docked container ship at Jawaharlal Nehru Port in Navi Mumbai.Zero duty on all Indian goods as New Zealand trade deal takes effect on VijayadashamiFrom Tuesday, 20 October, New Zealand will charge no import duty on any Indian product, scrapping levies of up to 10 per cent on textiles, garments, leather and footwear. India, for its part, keeps dairy out of the deal.Ram 5 days agoThe Bombay Stock Exchange tower in Mumbai, seen from below behind palm trees.Sensex drops 876 points as private banks and IT stocks drag; Nifty ends below 22,900Axis Bank led the losers on 19 October while public sector lenders bucked the trend. Markets are shut on 20 October for Dussehra.Ansu 5 days ago