Jio IPO: Data from the stock exchanges, updated at 2:45 PM, showed bids for 46.50 crore shares against the 19.75 crore shares on offer. The response establishes a new record for the speed at which an Indian public issue has attracted subscriptions. The speed of Jio's IPO subscription sets it apart from other large public offerings in India.

Is India running out of power? Over half of coal plants face critically low fuel stocks
https://timesofindia.indiatimes.com/business/india-business/is-india-running-out-of-power-over-half-of-coal-plants-face-critically-low-fuel-stocks-as-demand-surges/articleshow/135088575.cms

India's coal-fired power plants are grappling with alarming fuel shortages, with almost half of them maintaining reserves for less than three days. This comes amid soaring electricity demand driven by rising temperatures and dwindling hydropower supplies. In response, the government has ramped up local coal production while pausing coal imports.

Explained: How capital gains tax works on stocks, mutual funds, property and gold
https://timesofindia.indiatimes.com/business/india-business/explained-how-capital-gains-tax-works-on-stocks-mutual-funds-property-and-gold/articleshow/135084593.cms

The best time to plan for capital gains tax is before you place a sell order. This year is a good time to revisit the rules. From April 1, 2026, the Income-tax Act, 2025 has replaced the 1961 law. Section numbers have changed and the law now uses the term tax year, but capital gains are taxed largely as before.

Bengaluru-Mumbai Vande Bharat sleeper may launch November 1; check timings, fares
https://timesofindia.indiatimes.com/business/india-business/bengaluru-mumbai-vande-bharat-sleeper-train-may-launch-on-november-1-journey-time-may-fall-from-24-hours-to-16-and-fares-could-range-from-rs-2600-to-rs-4250/articleshow/135085906.cms

The Vande Bharat sleeper train has a 16-coach configuration, comprising 11 AC three-tier coaches, four AC two-tier coaches and one AC First Class coach. Designed for operations at speeds of up to 160 kmph, the train has a maximum testing speed of 180 kmph, placing it in the semi-high-speed category. However, much of the Indian Railways network currently lacks the infrastructure needed to support train operations at these speeds

India's core sector growth accelerates to 7.9% in September; iron ore output jumps 18.4%, crude oil falls 1.4%
https://timesofindia.indiatimes.com/business/india-business/indias-core-sector-growth-accelerates-to-7-9-in-september-iron-ore-output-jumps-18-4-crude-oil-falls-1-4/articleshow/135093483.cms

India's core sector growth surged to 7.9 percent in September 2026, showcasing robust advancements across major industries. Leading the charge, iron ore production skyrocketed 18.4 percent, complemented by significant gains in electricity and coal sectors. Although there were setbacks in fertiliser and natural gas output, both refinery products and cement reported impressive growth. For the April to September 2026 period, the cumulative growth rate was an encouraging 5.

Iran war impact: Indian Oil plans to reduce Middle East crude purchases under annual deals in FY28
https://timesofindia.indiatimes.com/business/india-business/iran-war-impact-indian-oil-plans-to-reduce-middle-east-crude-purchases-under-annual-deals-in-fy28/articleshow/135094647.cms

Indian Oil Corporation is expected to cut back on crude oil purchases from Middle Eastern suppliers. This decision comes as the Iran war disrupts shipments and increases transportation costs significantly. Refiners in India have traditionally relied on Middle Eastern oil but are now exploring alternative suppliers. The supply uncertainty has led to increased prices for shipping and heightened competition among producers.

Jio IPO subscription hits 3.16x on Day 1; offer open till October 23
https://timesofindia.indiatimes.com/business/india-business/jio-ipo-subscribed-3-16-times-on-day-1-draws-rs-69800-crore-in-bids/articleshow/135095545.cms

The Rs 30,213-crore initial public offering (IPO) achieved full subscription in just 100 minutes after opening on Wednesday, setting a record for the fastest subscription of a mega IPO in India. By 5 pm, investors had bid for 62.36 crore shares, with the total value of bids reaching approximately Rs 69,800 crore, exchange data showed.

Rupee hits 6-week high, surges 53 paise to 94.38 against dollar on Jio IPO inflows, RBI support
https://timesofindia.indiatimes.com/business/india-business/rupee-hits-6-week-high-surges-53-paise-to-94-38-against-dollar-on-jio-ipo-inflows-rbi-support/articleshow/135096229.cms