Finance

Amazon is preparing a significant reduction in its human resources department, potentially affecting up to 15% of HR personnel as part of broader cost-cutting measures amid economic uncertainties. This restructuring aligns with other recent layoffs targeting various divisions to streamline operations and manage spending while continuing investments in core growth areas like cloud computing and logistics.

India's sugar industry has appealed to the government to increase demand support measures to further boost ethanol blending targets. Industry bodies cited challenges in raw material sourcing and market dynamics but reinforced their commitment to aiding India’s renewable energy goals. Enhanced incentives and assured sourcing were recommended to accelerate ethanol production and reduce fossil fuel dependence.

Gold prices are testing ₹13 lakh per 10 grams just before Dhanteras, triggering debate among investors on whether to buy or hold. Influenced by global inflationary pressures and currency volatility, prices are also driven by traditional festival demands. Experts recommend cautious investment, noting potential price corrections but acknowledging gold's enduring appeal as a stable hedge in uncertain economic conditions.

Discover the top sectors for long-term stock market growth including electric vehicles, logistics, power, equipment, and auto industries. Market experts highlight these sectors due to increasing demand, government support, and evolving technology trends, making them attractive for building a future-proof investment portfolio.

IMF Managing Director Kristalina Georgieva praised India for its bold economic reforms including tax overhauls, digital payments, and Aadhaar implementation, calling India a key engine of global growth. Despite global slowdowns and trade tensions, India’s policy moves are credited with resilience and rapid expansion.

Tata Motors stock plunged 40% after commercial and passenger businesses split, shaking up market caps but not shareholder value. The decline is a technical result of a demerger, with investors to receive equivalent shares in both new entities. New shares to trade after regulatory approvals, so investors are urged not to panic, as the company’s fundamentals remain unchanged.

The Employees' Provident Fund Organisation (EPFO) updates rules, letting members withdraw 100% of their savings with simplified processes. These changes benefit over seven crore Indians, streamline withdrawal categories, and introduce digital services for pensions. The Vishwas Scheme also makes it easier for employers to resolve old disputes, part of a broader digital upgrade launched by EPFO.

A Daring Overnight Heist Targeted A Flipkart Logistics Truck Carrying High - Value Goods Such As iPhones, Perfumes, Clothes, And Eyeliners On Its Way Between States During Big Billion Days. Thieves Struck In Punjab Or Haryana Regions, Escaping With The Loot. Investigators Are Working To Trace The Stolen Items And The Logistic Route. The Incident Raises Questions About Supply Chain Security In E - Commerce During High Sale Seasons.

The Latest CAG Report Shows Uttar Pradesh Leading Among States In Capital Expenditure Efficiency And Fiscal Discipline, Noting Higher Utilization Of Budgeted Funds And Controlled Revenue Deficits. The Findings Reflect State Governments’ Push On Infrastructure And Development Projects. The Report Also Highlights Areas Of Concern Where Execution Lags And Suggests That Other States Need To Emulate This Balanced Approach To Finance Management.

External Affairs Minister S Jaishankar held talks with new US envoy Sergio Gor, focusing on resolving Trump - era tariffs that impede bilateral trade. Discussions aimed to enhance economic cooperation and improve diplomatic ties between the countries amid global uncertainties. Both sides expressed commitment to pragmatic engagement and strengthening partnerships.