Amazon's Email Error Sparks Layoff Fears in AWS Division
Amazon accidentally sent an internal email about organizational changes and impacted staff to AWS employees, marked 'canceled,' adding uncertainty as the company prepares for more job cuts.
Category : Business
Budget 2026: India's Crypto Sector Awaits Regulatory Clarity
As India leads global crypto adoption with $338 billion market, investors eye Union Budget 2026 for tax reforms and regulatory framework clarity after Budget 2025 tightened compliance.
RBI Rate Cuts Squeeze FD Returns: Floating Bonds at 8.05%
With RBI cutting repo rates to 5.25%, FD returns have fallen to 6.50%-7.00%. The Floating Rate Savings Bond 2020 offers 8.05% with government backing, but has a 7-year lock-in and floating rates.
US Trade Chief: India Gains Edge in EU Free Trade Deal
US Trade Representative Jamieson Greer acknowledges India emerges stronger from EU trade deal, gaining unprecedented market access and workforce advantages in Europe.
Sensex, Nifty Rise on India-EU Trade Deal Optimism
Indian equity benchmarks Sensex and Nifty closed higher on Wednesday, extending gains amid optimism over the India-EU free trade agreement. Defence, financial, and infrastructure stocks led the rally.
Amazon Cuts 16,000 Jobs Globally Amid AI Push
Amazon slashes 16,000 jobs worldwide in second major layoff round in three months, restructuring after pandemic-era over-hiring while expanding AI adoption.
ONGC, Reliance Sign East Coast Deepwater Resource Sharing Deal
India's state-owned ONGC and Reliance Industries have signed a strategic agreement to share deepwater infrastructure and resources on the East Coast, aiming to boost domestic gas production and reduce import dependency.
Stäubli Expands Bangalore Facility with $10M Solar PV Investment
Swiss firm Stäubli invests $10 million to expand its Bangalore manufacturing plant, enhancing India's solar PV connector ecosystem and supporting renewable energy goals.
Sensex Jumps 487 Points on India-EU FTA Hopes
Indian stock markets extended their rally for the second consecutive day, with the Sensex surging 487 points, driven by optimism surrounding the India-EU Free Trade Agreement negotiations.
Meeschool, Telangana Govt Launch Cine Incubator & She Narrates
Meeschool partners with the Telangana government to launch a Cine Startup Incubator and the She Narrates nationwide movement, boosting film entrepreneurship and women's storytelling in India.
US Flips Script on India-EU Trade Deal, Calls India Winner
Washington's reaction to the India-EU trade agreement has dramatically shifted from criticism to praise, with senior US officials now acknowledging India's strategic gains and rising global economic leverage.
Gold Hits Record High Above $5,300 as Dollar Slips
Gold prices surged to an unprecedented high above $5,300 per ounce as the US dollar weakened to near four-year lows, boosting demand for the precious metal among international investors.
Dental Insurance Trends 2026: Integration, Tele-Dentistry & AI
The dental insurance sector is undergoing significant transformation as 2026 approaches. Key trends include integration with comprehensive health plans, tele-dentistry expansion, personalized coverage, preventive care focus, and AI implementation.
Budget 2026: FM's 9th Consecutive Presentation Amid Global Tensions
Finance Minister Nirmala Sitharaman presents her ninth consecutive Budget on February 1, 2026, with India's economy showing robust 7.4% GDP growth despite global VUCA challenges, though tax relief expectations remain low due to revenue constraints.
India-EU FTA Credit Positive, to Boost Manufacturing: Moody's
Moody's Ratings states India-EU Free Trade Agreement conclusion is credit positive for India, expected to boost manufacturing sector and attract foreign investment through trade diversification.
MrBeast Burger Launches in Australia Despite Lawsuit
MrBeast Burger opens its first Australian outlet in Sydney's Chatswood Westfield despite ongoing legal battles and ownership disputes, showcasing the brand's resilience and international growth strategy.
Claim Forgotten Bank Money in Minutes: Easy Steps
Learn how to reclaim forgotten funds from dormant bank accounts in India quickly. Follow simple steps to verify and transfer your money with minimal hassle.
Rupee Falls 11 Paise to Close at 91.79 vs Dollar
The Indian rupee weakened by 11 paise against the US dollar, closing at 91.79 amid global market volatility and domestic economic factors.
Amazon to Cut 16,000 Jobs in Second Layoff Round
Amazon plans to eliminate 16,000 positions in its second major layoff round within three months, driven by AI expansion and cost optimization strategies.
Amazon Cuts 16,000 Jobs Globally in Restructuring
Amazon has announced a significant workforce reduction, cutting 16,000 jobs globally as part of a broader restructuring effort. This move follows earlier layoffs and reflects ongoing adjustments in the tech giant's operations amid economic challenges.
India's Industrial Output Grows 7.8% in December
India's industrial production surged 7.8% in December 2024, marking the fastest growth in two years, driven by strong performance in manufacturing, mining, and electricity sectors.
Navi Mumbai Airport International Operations by June 2026
Adani's Navi Mumbai International Airport plans to launch international operations by June 2026 after securing night flight permits. CEO Arun Bansal highlights the need for easier bilateral agreements to boost foreign airline connectivity to India.
Rupee Down 11 Paise at 91.79 vs Dollar, Fails to Hold Gains
The Indian rupee closed 11 paise lower at 91.79 against the US dollar, erasing early gains from a softer dollar and India-EU trade deal, as foreign fund outflows weighed.
Mumbai Society Pays Rs 2.5 Lakh to Residents Yearly
Jolly Maker housing society in Mumbai's Cuffe Parade pays flat owners Rs 2.5 lakh annually instead of charging maintenance fees, with Paytm founder Vijay Shekhar Sharma calling the arrangement unbelievable.
UAE Pilots Middle East's First Biometric Payment System
The UAE has launched the Middle East's first biometric payment system, allowing users to pay via facial recognition or palm scans instead of cards or cash, advancing digital commerce.
Economic Survey 2025-26: Insights Before Budget 2026
Finance Minister Nirmala Sitharaman to table Economic Survey 2025-26 on January 29, 2026, offering detailed assessment of India's economy and future growth prospects ahead of Union Budget presentation.
Budget 2026: Affordable Housing Price Cap May Rise to Rs 90 Lakh
The upcoming Union Budget 2026 is expected to significantly redefine home buying in India by potentially raising the price cap for affordable housing to Rs 90 lakh, offering major relief to middle-class buyers.
India-EU FTA Finalized: Impact on Economy and Stock Markets
India's landmark Free Trade Agreement with the European Union, finalized on January 26, 2026, covers economies representing 25% of global GDP and 33% of global trade. While boosting India's export competitiveness and supply chain integration, experts caut
Rajan Calls for Strategic Budget Focus on Economic Resilience
Former RBI Governor Raghuram Rajan emphasizes the need for India's Union Budget to adopt a long-term strategic vision, focusing on economic resilience, independence, and sustainable growth amid global uncertainties.
ASML Cuts 1,700 Jobs to Simplify Organization
Europe's largest tech firm ASML plans to eliminate 1,700 positions, mainly in tech and IT roles, to reduce organizational complexity. The move comes as the semiconductor equipment maker reports record bookings and raises its 2026 sales forecast, fueled by
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