Mukesh Ambani announced Reliance Jio’s IPO is expected in the first half of 2026, potentially India’s largest ever. The IPO aims to fuel Jio’s expansion into home internet, AI, and other digital services. Jio’s strong financial growth, including a 25% profit increase and rising ARPU, positions it favorably for investors.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.