27 posts
The World Bank says 49.6 crore Indians crossed its $4.20-a-day poverty line between 2011 and 2023. Extreme poverty fell to 2.6%. But wages barely moved, youth unemployment is rising, and some of the fall may come from better measurement.
Trent, the company behind Zudio and Westside, made ₹5,873 crore from sales between July and September 2026, up 22%. Zudio reached about 1,000 stores. The profit headlines differ because some count the whole group and some only the main company.
Jio Platforms' shares list on BSE and NSE on 28 October 2026. Sell them within a year and the profit is a short-term gain, taxed at 20% plus a 4% cess: about ₹624 on one lot if the share lists ₹250 higher.
Bihar now adds up to ₹20,000 on top of the Centre's PM Surya Ghar subsidy for rooftop solar on homes. The state government says 25,000 families got the extra money in September.
On 24 October, Bihar launched the company that will build a 1,670-acre manufacturing city in Gaya's Dobhi block, and 12 firms signed agreements for about 300 acres. That is less than a fifth of the land, and an agreement is a promise, not a factory.
Shipments of phones under ₹20,000 fell 47% from July to September 2026, and India's whole phone market fell to a 10-year low. Expensive phones are doing fine, and this Diwali people are expected to buy fewer phones but spend more money.
Three big trade deals are in the news: New Zealand started on 20 October, the UK in July, and the EU is still being signed. With all three, India already sells more goods than it buys, which is rare.
India's biggest IPO closed on 23 October 2026. Small investors have room for at most about 70 lakh people, and they bid for more than twice the shares on offer.
Swiggy lost ₹922 crore from July to September 2026, or about ₹10 crore a day. That loss is smaller than a year ago but bigger than three months ago, so both kinds of headline are true.
Jio Platforms' ₹30,213-crore IPO is open from 21 to 23 October 2026. The smallest bid costs about ₹13,428, and on day one big institutions bid nine times their share while small investors stayed below one.
One used-car company's best-ever day says less about electric cars and more about where India's car buyers are really shopping.
A record 1,33,958 motorcycles in September, but India's two-wheeler market grew twice as fast. The company's real strength is somewhere else.