- Meta to nearly double its investment in AI in 2026 as Mark Zuckerberg looks to build a 'personal superintelligence' January 29, 2026In its Q4 earnings report released on Wednesday, Meta revealed that its capital expenditure on AI for 2026 would be between $115 and $135 billion, nearly twice of what the company spent on the same last year when it revamped its artificial intelligence unit.
- Amazon layoffs: Tech giant to offer most US-based employees 90 days to look for new role internally January 28, 2026As Amazon prepares to lay off 16,000 corporate employees, it has offered most US-based employees 90 days to look for a new role internally. This decision contributes to a total of 30,000 job reductions over three months as the company adapts to AI advancements and streamlines management layers.
- Amazon Still Doesn’t Understand Brick-and-Mortar Retail January 28, 2026The day Amazon.com Inc. announced in June 2017 that it was acquiring Whole Foods for almost $14 billion, employees of the natural grocer packed into the company’s Austin headquarters to meet their new bosses.
- Deutsche Bank Deepens Emerging-Market Rebuild, Adds Two Traders January 28, 2026Deutsche Bank AG is deepening its push into emerging-market credit, adding two executives in New York as part of an expansion that began last year and included the high-profile poaching of a star trader from a rival.
- ASML Investors Press Executives on Outlook Despite Bookings Beat January 28, 2026ASML Holding NV failed to satisfy investors with record orders in the fourth quarter as analysts continued to question whether the Dutch semiconductor equipment maker can sustain its artificial intelligence-fueled momentum.
- Union Budget: India may pour more money & simplify tax regime to offset Trump tariffs January 29, 2026Ahead of the Feb. 1 Budget, PM Modi’s government is expected to boost infrastructure spending and improve ease of doing business while maintaining fiscal discipline. Finance Minister Nirmala Sitharaman may simplify import duties and ease compliance for small businesses, aiming to support growth amid muted private investment and global risks, including puniti […]
- RBI MPC 2026: Central Bank to keep interest rates steady at 5.25% throughout the year, says Reuters poll January 29, 2026The Reserve Bank of India will maintain its key interest rate at 5.25% until 2026. Economists polled by Reuters expect the central bank to hold steady. This decision comes as the RBI assesses previous rate cuts and observes robust economic growth. Inflation remains below target. The focus is on ensuring policy transmission across the economy.
- India protects mass-market cars, dairy and staples in EU trade pact January 29, 2026India and the European Union have finalized a free trade agreement. Key sectors like mass market cars and farm produce are protected. Duty concessions will be introduced for specific EU vehicles over time. Indian apples will gain access to the EU market. This pact aims to boost trade between the two regions.
- Government weighs raising EPFO wage ceiling to Rs 25,000 a month January 29, 2026The government is considering a significant increase in the EPFO wage ceiling to Rs 25,000 from Rs 15,000, aiming to extend social security to more workers. This move, prompted by a Supreme Court directive, could boost the EPFO corpus but will reduce employees' take-home pay and increase employer costs.
- At 7.8%, December IIP growth zooms to over two-year high January 29, 2026India's industrial output surged to a 26-month high of 7.8% in December, propelled by robust manufacturing activity, GST rationalization, and a low-base effect. This strong performance, particularly in manufacturing, electricity, and mining, is expected to significantly boost upcoming GDP figures for the third quarter.
Unable to display feed at this time.