Insights
Englishहिंदी

For the best experience, use the Insights app.

Get
BusinessPhoto: Mint Markets

Jio Platforms IPO Raises ₹8,110 Crore from Anchor Investors

Jio Platforms Ltd.'s IPO attracted ₹8,110 crore ($854 million) in anchor investor bids, with 7.247 crore shares allocated at ₹1,119 each. Major investors include BlackRock, Fidelity, Capital Group, Allianz SE, and sovereign wealth funds like Abu Dhabi Investment Authority and Singapore's Government. Domestic mutual funds and insurers such as LIC and SBI Funds also participated. The IPO aims for a valuation up to ₹10.3 lakh crore, offering 27 crore shares priced ₹1,065-1,119 each.

Mint Markets·

Read full article
Swipe up for next
SciencePhoto: Deccan Herald

Karnataka's 13 Major Dams Losing 3.38 TMCFT Water Daily

Since October 1, Karnataka's 13 major dams have been losing an average of 3.38 tmcft of water daily. Currently, they hold 533.84 tmcft, with only 274 tmcft in live storage, which is water readily available for drinking and agriculture. The Krishna basin has 241 tmcft live water, and the Cauvery basin has 32.29 tmcft. Five reservoirs receive no inflow but continue releasing water to meet ecological and drinking needs.

Deccan Herald··Hubballi

Read full article
Swipe up for next
PoliticsPhoto: Deccan Herald

Siddaramaiah-Shivakumar Rift Deepens Over Woman Minister Induction

The internal power struggle in Karnataka Congress has intensified over inducting a woman minister into the Cabinet. CM D K Shivakumar supports Laxmi Hebbalkar, while former CM Siddaramaiah and senior leaders back Sandur MLA E Annapurna Tukaram, a Scheduled Tribe leader. Two ministerial posts remain vacant after B Nagendra's resignation. The Congress high command aims to fill these before the Winter Session, with at least one woman minister.

Deccan Herald··Bengaluru

Read full article
Swipe up for next
PoliticsPhoto: Hindu World

Saudi Envoy Meets Pakistan Army Chief to Discuss Regional Security

The Saudi envoy met with the Pakistan Army chief at General Headquarters in Rawalpindi. Both sides expressed satisfaction with progress under the Makkah Joint Defence Agreement and emphasized the importance of enhancing defence collaboration, institutional linkages, and strategic coordination, according to an army statement.

Hindu World··Rawalpindi

Read full article
Swipe up for next
PoliticsPhoto: Amar Ujala

US Secretary of State Rubio Visits India for Strategic Talks

US Secretary of State Mark Rubio arrives in Mumbai on Tuesday for a three-day official visit amid recent diplomatic momentum in Central Asia. He will hold bilateral talks with Indian External Affairs Minister S. Jaishankar, focusing on finalizing the long-awaited India-US trade agreement. Rubio will also visit Jamnagar, Gujarat, a key energy hub, to discuss strategic partnership, regional stability, and energy security.

Amar Ujala··Mumbai

Read full article
Swipe up for next
BusinessPhoto: Mint Markets

US Treasuries Fall as Tech Shares Rebound, Yields Rise

US Treasuries fell as technology shares rebounded, reducing demand for safe-haven government debt. Yields across maturities rose by six to eight basis points, with the 10-year yield reaching 5.14%. Traders anticipate Federal Reserve interest-rate hikes next year, including a likely quarter-point increase in December. The Nasdaq 100 gained 1.2% amid renewed AI trade optimism, while higher oil prices also pressured Treasuries.

Mint Markets·

Read full article