Last week, online retail giant Amazon announced that it would reduce its global corporate workforce by about 14,000 people. Amazon CEO Andy Jassy had already flagged the possibility of job cuts in June, saying the increased use of Artificial Intelligence (AI) tools and agents would lead to more corporate job cuts. A week before Amazon’s…
“The real impact of frontier technologies will come from how well we customise solutions – whether for a smallholder or a commercial cultivator; a farmer growing staples or a horticulturist,” NITI Aayog CEO B.V.R Subrahmanyam | Photo Credit: The Hindu India’s rapidly advancing bioeconomy sector, encompassing agriculture, forestry, fisheries, and aquaculture, is projected to reach…
Union Minister of Commerce and Industry Piyush Goyal. File | Photo Credit: ANI India and New Zealand began the fourth round of negotiations towards a free trade agreement, with the Indian team visiting Auckland until November 7, the Ministry of Commerce and Industry announced on Monday (November 3, 2025). “Negotiations in this round are focusing…
A view of the National Stock Exchange in Mumbai. | Photo Credit: Getty Images/iStockphoto Benchmark indices Sensex edged up nearly 40 points while Nifty ended above 25,750 points in a lackadaisical trade on Monday (November 3, 2025), snapping the two-day declining streak on buying in select auto and banking shares. The 30-share BSE Sensex inched…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee extended its descent for the third straight day and settled five paise down at 88.75 (provisional) against the U.S. dollar on Monday (November 3, 2025), near its all-time low level, weighed down by a strong American currency and foreign fund outflows. Forex…
Gold surged to a record high in October, aided by a retail buying frenzy, before dropping sharply in the final two weeks of the month. Gold dipped below $4,000 an ounce after China ended a long-standing tax rebate for some retailers, a change that could weigh on demand in one of the world’s largest precious-metals…
US gold futures for December delivery rose 0.4% to $4,010 per ounce. Gold held steady on Monday, kept in check by a strong dollar as investors dialled back bets for further Federal Reserve rate cuts in the near term, while easing US-China trade tensions also crimped bullion demand. Spot gold was flat at $4,000.65 per…
Benchmark indices Sensex and Nifty both declined in early trade on Monday (November 3, 2025). Image for representational purposes only. | Photo Credit: PTI Benchmark indices Sensex and Nifty declined in early trade on Monday (November 3, 2025), amid profit-taking and foreign fund outflows. The 30-share BSE Sensex declined 261.39 points to 83,677.32 in early…
Manufacturers cited demand strength, efficiency improvements, new clients and technology investments as factors driving higher production. Representational file image | Photo Credit: SHIV KUMAR PUSHPAKAR India’s manufacturing activity gained momentum in October as domestic demand strengthened, offsetting a slowdown in export growth, although business optimism slipped from a seven-month high, a business survey showed on…
Representative image. | Photo Credit: Getty Images/iStockphoto The rupee fell 7 paise to 88.77 against the dollar in early trade on Monday (November 3, 2025), weighed down by higher crude oil prices and continuous outflow of foreign capital amid uncertainties over global trade. According to forex traders, negative sentiment in domestic equities also pressured the…
