Month: August 2026

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Posted in Economy

Govt mandates exporter registration for FDI-backed ecommerce inventory exports

New Delhi: An ecommerce company with foreign investment must register as an exporter-on-record (EOR) to hold inventory and can procure and stock goods only against…

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New framework to standardise interest rate rules on the anvil, says RBI
Posted in Economy

New framework to standardise interest rate rules on the anvil, says RBI

Mumbai: The Reserve Bank of India (RBI) proposes to rationalise the regulatory architecture for setting interest rates for all regulated entities (REs) through a principle-based…

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Posted in Economy

Govt drafts customs playbook for 100 imports to streamline FTA benefits

New Delhi: The government is preparing a comprehensive customs playbook for 100 key imported commodities to standardise the faceless customs regime to reduce dispute and…

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Services PMI Hits 53-mth Low in July
Posted in Economy

India’s services growth slows to 4½-year low in July as demand weakens

New Delhi: India’s services sector grew at its slowest pace in nearly four and a half years in July as new business inflows moderated across…

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Fertiliser Production, Imports Dip
Posted in Economy

Fertiliser production, imports dip – The Economic Times

New Delhi: India’s production and imports of NP/NPK fertilisers fell sharply in the June quarter, as the West Asia conflict inflated prices of key raw…

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Posted in Economy

NITI Aayog calls for national caregiving framework, social security for caregivers

New Delhi: The NITI Aayog has called for a dedicated policy framework to support India’s ageing population, with a focus on regulating the caregiving ecosystem…

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More than 40 companies, including Amazon, Meta, UPS and Walmart, have announced layoffs in 2026  (Pexel/Representative image) (Pexel)
Posted in Business

Why more than 40 companies, including Amazon, Meta and Oracle, are cutting thousands of jobs: Check full list

More than 40 companies have announced job cuts in 2026 so far. These layoffs are happening across many industries, including technology, media, finance, retail, healthcare,…

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Google stock falls as Demis Hassabis steps down as DeepMind CEO, Jeff Dean exits. (REUTERS/Steve Marcus/File Photo) (REUTERS)
Posted in Business

Google stock falls 4% as Demis Hassabis steps down in DeepMind leadership shake-up

Google shares fell nearly 4% after the company announced major leadership changes in its AI-focused DeepMind division. Alphabet’s Class C (GOOG) stock was trading at…

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Mr Aschenbrenner is in his mid-20s and runs Situational Awareness, a hedge fund—named without irony—which posted a loss of 67% in July.
Posted in Business

Investors in Situational Awareness deserved to lose their shirts

Readers of J.R.R. Tolkien’s “The Lord of the Rings” trilogy meet Frodo Baggins, its hero, when he is still in his tweens. This, Tolkien explains,…

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Uber shares fall 4.8% as the company plans to invest over $10 billion in robotaxis. (Photo by Heather Diehl / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
Posted in Business

Uber stock fall 4.8% as company plans $10 billion robotaxi push across 15 cities

Uber shares fell after the company announced a major push into robotaxis. Uber said on Wednesday that it plans to spend more than $10 billion…

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