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Flipkart creates over 250,000 festive jobs as ecommerce demand rises

Flipkart creates over 250,000 festive jobs as ecommerce demand rises

Flipkart, the Walmart-owned e-commerce firm, said it has created more than 250,000 direct and indirect employment opportunities, including for gig workers, for the festive season.

Nearly 75,000 of these opportunities, close to 30 per cent, are for people entering the workforce for the first time, creating pathways into employment across communities in India.

Gen Z, Gen Alpha generations must put nation first: FM Sitharaman

Gen Z, Gen Alpha generations must put nation first: FM Sitharaman

Calling upon the "Gen Z" and "Gen Alpha" generations to assume leadership and shoulder responsibility, Union minister Nirmala Sitharaman on Tuesday urged young graduates to put the nation first and ask what they can contribute to the country rather than asking what the country has done for them.

India trade deficit eases to $26.86 billion in Aug as exports jump 26%

India trade deficit eases to $26.86 billion in Aug as exports jump 26%

India's trade deficit eased to $26.86 billion in August from $27.22 billion a year ago and $31.98 billion recorded in July, data released by the Department of Commerce showed on Tuesday.

The trade deficit eased as the growth in goods exports in August outpaced the rise in merchandise imports by a significant margin.

RBI files caveat after rejecting Tata Sons bid to avoid market listing

RBI files caveat after rejecting Tata Sons bid to avoid market listing

The Reserve Bank of India (RBI) - the country's central bank and banking regulator - has pre-emptively approached ​the courts seeking to be heard in any ​matter filed related to the listing of Tata Sons, a source ‌directly familiar with the matter said.

The move follows the RBI's rejection of Tata Sons' application to deregister as a non-banking financial company (NBFC), a decision that pushes the holding company closer to a stock market listing.

NPCI consults banks, payment firms on fees for large UPI payments

NPCI consults banks, payment firms on fees for large UPI payments

India's payments authority is talking to lenders and payments firms on Tuesday to discuss ​levying charges on large transactions in the world's largest retail ​fast-payment system, three sources familiar with the plans told Reuters.

The consultations ‌come after India changed its payments legislation on Monday, allowing firms to charge transactions of more than ₹2,000 (about $20).

Barack Obama calls for AI safety measures, rebukes Trump's approach

Barack Obama calls for AI safety measures, rebukes Trump's approach

Former President Barack Obama voiced support for federal laws and regulations governing artificial intelligence safety, saying that the technology could unleash “potential catastrophe” if not properly managed.

In a statement Monday, Obama said that AI policy “should be at the center of our public debate” and said that Washington policymakers must “get proactive” in crafting proposals.

India relies on China for core electronic components in 71 product lines

India relies on China for core electronic components in 71 product lines

China supplied at least 80 per cent of India's imports across 71 electronics product lines in 2025-26, with reliance concentrated in core components such as motors, cables and switching equipment rather than finished goods, according to a new study released on the eve of the BRICS Summit.

The study revealed that the number of such product lines has risen from 44 in 2018-19 to 71 in 2025-26, depicting an increase of more than 60 per cent.

IndiGo, Air India battle for Mumbai-Delhi route as Akasa doubles flights

IndiGo, Air India battle for Mumbai-Delhi route as Akasa doubles flights

It is the largest, most lucrative, and fastest-growing airline route in the country, even though most other routes are trimming their capacity. That is why the Mumbai-Delhi route is seeing a neck-and-neck battle between the country’s top two airlines — IndiGo and the Air India group (including Air India Express) — for supremacy in the skies.

US finalises steep duties on solar imports from India, Indonesia, Laos

US finalises steep duties on solar imports from India, Indonesia, Laos

The US Commerce Department on Friday finalised steep duties on imports of solar cells and panels ​from India, Indonesia and Laos, finding that producers ​in those countries dumped cheap products in the United ‌States and benefited from unfair government subsidies.

The agency assigned anti-dumping margins of 123.04 per cent for Indian producers, 94.36 per cent for Indonesian producers and 65.43 per cent for producers from Laos.

Harish Rawat quits all party posts after ED recovers cash from PA's house

Harish Rawat quits all party posts after ED recovers cash from PA's house

Former Uttarakhand chief minister Harish Rawat on Saturday announced his decision to step down from all party posts after the Enforcement Directorate recovered cash and jewellery from his personal assistant's house.

A dozen luxury wristwatches and Rs 32 lakh in cash were seized from the premises of Chandan Singh Jeena during the ED raids undertaken on Thursday.

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