Amazon announces to lay off 16,000 employees globally
New Delhi, Jan 28 (IANS) E-commerce giant Amazon on Wednesday said it was laying off 16,000 employees globally as part of "additional organisational changes".
New Delhi, Jan 28 (IANS) E-commerce giant Amazon on Wednesday said it was laying off 16,000 employees globally as part of "additional organisational changes".
New Delhi, Jan 28 (IANS) European economies are experiencing a slowdown bordering stagnation amid tariff dispute with the United States and low‑priced Chinese imports, a new report has said, adding that India emerged as a “credible alternative centre of economic partnership”.
Mumbai, Jan 28 (IANS) India stopped diesel shipments to the European Union this month due to the EU’s ban on fuel refined from Russian crude, and instead sent record volumes to West Africa, shipping data has showed.
New Delhi, Jan 28 (IANS) India’s industrial production surged by 7.8 per cent in December 2025, reaching its highest level in over 2 years, driven by a robust across-the-board growth in the manufacturing, mining, and electricity sectors, according to figures released by the Ministry of Statistics on Wednesday.
New Delhi, Jan 28 (IANS) The India-EU Free Trade Agreement (FTA) is a positive step for the Indian medical device sector, said experts on Wednesday.
Mumbai, Jan 28 (IANS) Indian banks are expected to witness credit growth at about 10–12 per cent compound annual growth rate (CAGR) over the next five years, higher than deposit growth of roughly 9–11 per cent, a report said on Wednesday.
Mumbai, Jan 28 (IANS) Indian equity benchmark indices Sensex and Nifty ended Wednesday’s session with modest gains, managing to stay in the green despite sharp volatility through the day.
Ahmedabad, Jan 28 (IANS) Cement major ACC Limited, part of the diversified Adani Portfolio, on Wednesday reported a standout performance for the quarter ended December 31 (Q3 FY26), with profit after tax (PAT) surging by 346 per cent (normalised basis) at Rs 380 crore year-on-year, with highest-ever quarterly revenue at Rs 6,483 crore -- up by 22 per cent.
New Delhi, Jan 28 (IANS) The Union Budget 2026 will place greater emphasis on sectors like defence, critical minerals, power, electronics, infra and higher growth in affordable housing, a report said on Wednesday, adding that policymakers balance growth priorities with fiscal discipline amid global uncertainty.
New Delhi, Jan 28 (IANS) The tariff turmoil unleashed by US President Donald Trump as part of his "America First" trade policy has been an important factor in speeding up the historic free trade agreement just concluded between India and the European Union, according to reports in the western media.