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IBTimes

Economy / IBTimes

Mukesh Ambani becomes Asia's richest person again, overtakes TikTok owner Zhang Yiming with $88.8 billion net worth

This 10.5% jump in his fortune helped Ambani climb to the 23rd spot on the global billionaire index. Mukesh Ambani edged past China's Yiming, the former CEO of the TikTok parent company, who currently ranks 25th with an estimated net worth of $84 billion.

3 Nov 2026 9:56 pm
Bank holidays November 1-8: Will banks remain closed on Dhanteras & Diwali? Check full schedule

Banks will remain open on Dhanteras, November 6, in most states. Check the November 18 holiday schedule, regional closures and banking services available during Diwali week.

1 Nov 2026 7:50 pm
Gold, silver prices crash to 10-month low: Check 22K, 24K gold rates in Delhi, Mumbai, Bengaluru on November 1

Gold prices in Delhi fell Rs 3,200 to a 10-month low of Rs 1.42 lakh per 10 grams, while silver declined Rs 4,200 per kg, tracking a sharp global sell-off amid inflation and interest rate concerns. Gold of 99.9% purity was quoted at Rs 1,42,000 per 10 grams in Delhi, compared with the previous close, while silver declined to Rs 1,86,000 per kg.

1 Nov 2026 7:03 pm
Jio Platforms IPO allotment: What happens next if you get shares or miss out?

Jio Platforms IPO investors who receive an allotment can sell their shares after listing to book potential gains or hold them for the long term. Those who miss out will have their blocked funds released and can buy shares from the secondary market once trading begins.

28 Oct 2026 5:23 pm
Jio Platforms shares debut at 21% premium to IPO price, becomes India's largest telecom company

The public issue was subscribed more than 22 times, with institutional investors leading the demand, according to data from the BSE. The qualified institutional portion was subscribed 70.55 times, while retail investors subscribed 2.72 times.

28 Oct 2026 11:33 am
Ladakh Sends First Air Consignment of 15,000 High-Altitude Lilium Stems to National Markets

Ladakh has taken a major step towards promoting commercial floriculture as Lieutenant Governor Vinai Kumar Saxena flagged off the first air consignment of 15,000 A-grade Lilium stems from Leh to national markets. Cultivated at an altitude of 10,600 feet, the flowers will be marketed in Delhi, Mumbai and Chandigarh, with the initiative aimed at creating sustainable livelihoods and new economic opportunities in the region.

30 Sep 2026 11:41 am