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BusinessPhoto: News18 BusinessJio Platforms' mega IPO will open for subscription on October 20, with a price band of ₹1,065 to ₹1,119 per share. The company aims to raise ₹30,200 crore through this issue. Strong pre-listing interest has been noted, with brokerages actively analyzing the IPO ahead of its closing date on October 23.
News18 Business·
India's crude oil import bill surged by 46% in September due to rising global oil prices. The country's crude imports increased by 7% during the month, pushing the total import bill to approximately $15.4 billion. This significant rise reflects the impact of higher oil prices on India's energy import costs.
The Times of India·
During the Navratri festival week, gold and silver prices fell sharply in India. Gold prices dropped by up to ₹10,000, with 22K gold rates declining by around ₹3,500 to ₹1.46 lakh. Silver prices fell by about ₹14,000, reaching approximately ₹2.11 lakh. The price changes were influenced by reduced expectations of Fed rate hikes, causing gold futures to rise above $4,200.
NDTV India·
BJP MLC Subhash Yaduvansh criticized Akhilesh Yadav, accusing him of neglecting the Yadav community. He highlighted a perceived bias, saying 'Ahir will vote but Zaheer will take the laptop,' implying preferential treatment within the community. This statement reflects ongoing political tensions and community dynamics in Uttar Pradesh politics.
Navbharat Times·
Ramsharan Nautiyal, father of Bollywood singer Jubin Nautiyal and former district panchayat president, resigned from BJP and joined Congress ahead of the 2027 elections. He cited feeling insulted in BJP as the reason for his switch. This move is seen as a significant setback for BJP in Delhi politics.
Hindustan··Delhi
India is set to introduce a new data centre policy aimed at addressing concerns related to power consumption. The policy will focus on regulating and optimizing energy use in data centres across the country to ensure sustainable growth in the sector while managing environmental impact effectively.
Construction World·
News18 Business·
Photo: News18 BusinessJio Platforms' mega IPO will open for subscription on October 20, with a price band of ₹1,065 to ₹1,119 per share. The company aims to raise ₹30,200 crore through this issue. Strong pre-listing interest has been noted, with brokerages actively analyzing the IPO ahead of its closing date on October 23.
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