Business

New York: Amazon is cutting about 16,000 jobs in the latest round of mass layoffs for the tech industry. Beth Galetti, a senior vice president at the e-commerce company, made the announcement Wednesday in a blog post. The latest reductions follow a round of job...

New Delhi: India's industrial production growth accelerated to over a two-year high of 7.8 per cent in December 2025, driven by strong performances in mining, manufacturing and electricity, according to official data released on Wednesday. The factory output, measured in terms of the Index of...

Beijing: UK Prime Minister Keir Starmer arrives in Beijing Wednesday for a four-day visit to China aimed at repairing ties and expanding opportunities for British businesses in the world's second-largest economy. He is the first British leader to come to Beijing since Theresa May in...

New Delhi: The Congress Wednesday flagged concerns after the India-EU free trade pact was sealed, including the Modi government's "failure" to secure an exemption for India's aluminium and steel-makers from the Carbon Border Adjustment Mechanism and tariff reduction or relief on over 96% of the...

New York: India came out on top in the trade deal with the European Union and is going to have a heyday with this, US Trade Representative Jamieson Greer said in the first reaction from the Trump administration on the free trade agreement. Greer was...

New Delhi: The Budget Session of Parliament will begin Wednesday with the address of President Droupadi Murmu to the joint sitting of both Houses. According to reports, Finance Minister Nirmala Sitharaman is likely to table the Budget February 1, which falls  Sunday, a rare occurrence...

Washington:  The US and the UAE have reaffirmed support for the India-Middle East-Europe Economic Corridor while deepening cooperation on trade, investment, and artificial intelligence at their latest Economic Policy Dialogue held in Abu Dhabi early this month. The two sides said the corridor, known as...

Bhubaneswar: Odisha Deputy Chief Minister Pravati Parida Tuesday announced a hike in uniform, footwear and winter wear allowance provided to children going to anganwadi centres. Parida said the hike will benefit over 14.76 lakh children across 74,224 anganwadi centres, with the additional costs being fully...

New Delhi: Commerce Minister Piyush Goyal Tuesday said the ambitious India-EU free trade agreement is likely to be implemented within the 2026 calendar year, hours after the announcement of the conclusion of negotiations for the historic trade pact. Earlier in the day, India and the...

New Delhi: ACME Group Tuesday announced that it has inked an initial pact with Industrial Promotion and Investment Corporation of Odisha Ltd (IPICOL) to set up a green methanol manufacturing facility in Odisha. The Green Methanol facility is part of the ACME Green Hydrogen Business...