Amazon layoffs: Company to cut 14,000 more jobs; CEO Andy Jassy said: Not about AI and cost cutting but…

Amazon layoffs: Company to cut 14,000 more jobs; CEO Andy Jassy said: Not about AI and cost cutting but…

Amazon is planning to cut approximately 14,000 corporate jobs starting next week, marking the second major layoff wave since October and bringing total reductions to 30,000 roles. CEO Andy Jassy clarified the cuts aren’t driven by AI or financial concerns but by excessive bureaucracy and organizational layers. The layoffs will affect employees across AWS, retail,…

Read More
Lower electricity prices? CERC reviews power trading fee to ease cost; sector gears up for market coupling

Lower electricity prices? CERC reviews power trading fee to ease cost; sector gears up for market coupling

Electricity buyers may see lower costs as the Central Electricity Regulatory Commission (CERC) reviews transaction fees charged by power trading exchanges. The review is taking place alongside the regulator’s push to introduce market coupling, a long-awaited reform aimed at improving efficiency in price discovery, increasing liquidity and bringing uniformity to electricity prices across trading platforms….

Read More
Top 10 extreme weather events cost world more than $122 billion in 2025: Rainfall in India, Pakistan claimed 1,860 lives - report | India News

Top 10 extreme weather events cost world more than $122 billion in 2025: Rainfall in India, Pakistan claimed 1,860 lives – report | India News

NEW DELHI: Top 10 extreme weather events such as wildfires, heatwaves, floods and cyclonic storms cost the world more than $122 billion in 2025, said a report – Counting the Cost 2025 – released by a global not-for-profit organisation, Christian Aid. Exceptionally heavy monsoon rainfall experienced by large parts of India and Pakistan from June…

Read More
'How can flight tickets cost Rs 35-39k?' Delhi HC pulls up Centre; asks what steps were taken during IndiGo chaos | India News

‘How can flight tickets cost Rs 35-39k?’ Delhi HC pulls up Centre; asks what steps were taken during IndiGo chaos | India News

NEW DELHI: The Delhi high court on Wednesday pulled up the Centre over the chaos faced by air travellers amid disruptions at IndiGo, questioning why the government failed to prevent airfares from soaring to Rs 35,000–Rs 39,000 and what immediate measures were taken to assist stranded passengers. “Why did such a situation even precipitate? What…

Read More