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Jio IPO subscribed 3.16 times on Day 1; draws Rs 69,800 crore in bids

Including the commitments secured from anchor investors earlier this week, Jio Platforms’ IPO has attracted around Rs 77,892 crore Jio IPO subscription: Jio Platforms Ltd’s initial public offering (IPO) on Wednesday received subscriptions for 3.16 times the 19.75 crore shares available. Institutional investors accounted for the strongest demand. The offer will remain open for subscription...

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Jalaj Saxena (File photo) Veteran all-rounder Jalaj Saxena took five wickets as Kerala bowled Odisha out for 143 in their second innings to secure an innings and 36-run victory in their Ranji Trophy Elite Group C match in Thiruvananthapuram on Wednesday.The win took Kerala to third place in the standings, behind Maharashtra and Bengal. Bengal...

India’s core sector growth accelerates to 7.9% in September; iron ore output jumps 18.4%, crude oil falls 1.4%

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been standard dummy text ever since the 1500s,

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.


India's core sector growth accelerates to 7.9% in September; iron ore output jumps 18.4%, crude oil falls 1.4%
The rally was driven by strong performance in iron ore, electricity, coal, refinery products, cement and steel

NEW DELHI: India’s core sector growth accelerated to 7.9 per cent in September 2026, up from 5.9 per cent in August, driven by strong output across six of the eight key infrastructure industries, according to data released by the Ministry of Commerce and Industry on Wednesday.The Index of Eight Core Industries (ICI) tracks the performance of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity. These industries account for 40.27 per cent of the weight of the Index of Industrial Production (IIP), making the index an important indicator of industrial activity.Iron ore production recorded the highest year-on-year growth at 18.4 per cent in September, followed by electricity at 11.4 per cent and coal at 10.7 per cent. Refinery products grew 10.3 per cent, cement output increased 9.8 per cent, while steel production rose 4.9 per cent during the month.In contrast, fertiliser production declined 11.7 per cent in September, while natural gas output contracted 4.6 per cent and crude oil production fell 1.4 per cent year-on-year.Coal, refinery products, steel and iron ore have been the major drivers of overall core sector growth in recent months, the ministry said.The cumulative growth rate of the core industries index stood at 5.1 per cent during April-September 2026, compared with 2.5 per cent in the corresponding period of the previous year, according to provisional data.The ministry also revised the final index for August 2026 upwards to 120.4 from the provisional estimate of 119.2. Consequently, the year-on-year growth rate for August was revised to 5.9 per cent from the earlier estimate of 4.8 per cent.The September 2026 figures are provisional. The ministry said the index for October 2026 is scheduled to be released on November 20.



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