
Windfall tax: petrol exports duty-free, diesel and ATF levies raised
From October 31, 2026, India cut the windfall tax on petrol exports to nil and raised it to Rs 11.5 a litre on diesel and Rs 11 on ATF; pump prices unchanged.
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From October 31, 2026, India cut the windfall tax on petrol exports to nil and raised it to Rs 11.5 a litre on diesel and Rs 11 on ATF; pump prices unchanged.

Reliance Industries on 30 October 2026 reported Q2 FY27 attributable profit of Rs 25,548 crore, up 40.6%, as fuel margins lifted O2C earnings 68%; retail profit fell.

Jio Platforms shares opened at Rs 1,358 on NSE and BSE on October 28, 2026, 21.36% above the Rs 1,119 IPO price, valuing it at about Rs 12.5 lakh crore.

Jio Platforms IPO allotment is due on October 26, 2026, with listing on October 28, after the Rs 30,213 crore issue drew bids for about 21 times the shares.

Jio Platforms' Rs 30,213 crore IPO closed on October 23, 2026 with bids for about 22 times the shares on offer; allotment is due on October 26.

The Sensex fell 460.30 points to 73,249.39 and the Nifty 123.70 points to 22,687.65 on October 22, 2026, as oil above $110 hit Reliance and smaller stocks.

Jio Platforms' Rs 30,213 crore IPO was fully subscribed within about 100 minutes of opening on October 21, 2026, led by institutional bids; retail demand lagged.

Jio Platforms raised Rs 8,109.85 crore from 212 anchor investors on October 19, 2026, as bids topped Rs 2.5 lakh crore; the IPO opens October 21.

Jio Platforms fixed its Rs 30,213 crore IPO price band at Rs 1,065-1,119; the issue opens October 21 and its grey market premium is about Rs 200-225.

Jio Platforms filed its RHP on 14 October 2026 for a Rs 30,213 crore IPO, India's largest, opening 21 October at a reported Rs 1,065-1,119 price band.

Jio Platforms is set to price its IPO at Rs 1,065-1,119 a share, raising up to about Rs 30,213 crore from 21 October 2026, a report said on 9 October.
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