Amazon cuts nearly 1,000 jobs, India employees hit
Amazon has cut nearly 1,000 white-collar jobs, primarily in its Stores unit which oversees its main e-commerce website, the company confirmed on 7 October. Employees in the US, India and the UK…
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India targets 600 MT steel capacity by 2047, policy soon
India plans to unveil a new National Steel Policy that targets 600 million tonnes of steelmaking capacity by 2047, Steel Secretary Sandeep Poundrik said on Tuesday. The draft policy, which will be…
Air India seeks $1.5 billion from Tata, Singapore Airlines after record loss
Air India has asked its owners Tata Sons and Singapore Airlines for $1.5 billion in fresh equity after posting a record annual loss of $2.33 billion. The airline wants the money immediately,…
E20 petrol contamination concerns flagged by automakers disputed by government
A dispute has erupted over India's E20 fuel programme. The Federal reports that internal emails from the Society of Indian Automobile Manufacturers (SIAM) showed that automakers representing about 67 per cent of…
Trump’s 2024 grocery photo op haunts Republicans as prices rise
Two years after Donald Trump staged a press conference at his Bedminster golf club flanked by grocery staples to blame the Biden administration for inflation, food prices have risen 3.4% in the…
India weighs gas levies to help fund planned strategic fuel reserve
India may charge consumers of cooking gas and natural gas to help pay for a planned 42 billion dollar strategic fuel reserve, according to two unnamed sources cited by Reuters and carried…
