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Ecomm orders shoot up as annual sale events open

Economictimes.indiatimes.com 

Amazon and Flipkart launched their festive sales for loyalty users, seeing over 20% growth in demand on the first day despite it being a Monday. The recent GST cuts helped boost shopper sentiment, with many customers holding off purchases earlier in anticipation of lower prices, leading to strong initial traction.

As White House issues clarification, door opens for laid-off H-1B techies

Economictimes.indiatimes.com 

Some laid-off H-1B visa holders may benefit from the new \$100,000 fee rule, as they’re exempt and could be rehired more easily. Since early 2025, nearly 145,000 tech workers have lost jobs. Experts say companies may find them attractive hires, avoiding fresh applications and saving time and cost.

UK’s NatWest to invest in Indian startups to boost talent footprint

Economictimes.indiatimes.com 

NatWest Group plans to invest $250,000 to $2 million in early-stage Indian startups, focusing on AI, payments, and digital tools. It’s also expanding its India tech centres, aiming to hire 3,000 more engineers. Over 50% of its tech team is already based in India, supporting growing digital innovation efforts.

Silicon saga: From CPU to XPU, challengers chip in

Economictimes.indiatimes.com 

Nvidia controls 80% of the AI chip market, but tech giants like Google, OpenAI, Tesla, and Amazon are building custom XPUs to reduce reliance. Analysts say Nvidia’s true moat lies in CUDA software, not just GPUs. With AI chip revenues projected up to $1 trillion by 2030, customisation is becoming essential for scale and efficiency.

NPCI eyes EMI payments on UPI in fresh credit play push

Economictimes.indiatimes.com 

NPCI is focusing on expanding credit offerings on UPI, aiming to allow users to convert QR code payments into EMIs. This move follows the success of RuPay credit cards and credit lines on UPI, with fintech firms expected to soon enable EMI options during UPI transactions.

Govt's AI framework may favour tech secretariat over a regulator

Economictimes.indiatimes.com 

The upcoming AI governance framework may introduce a "technical secretariat" to coordinate policies across government departments and connect stakeholders. This marks a shift from the earlier plan of establishing a dedicated AI regulator. Unlike a regulator, the secretariat will be housed in the Ministry of Electronics and Information Technology and will provide technical advice without enforcement powers.

Agnikul opens large-format additive manufacturing facility

Economictimes.indiatimes.com 

Agnikul Cosmos has launched India’s first additive manufacturing facility for aerospace and rocket systems. This facility offers a complete process from design to finishing, improving quality and reducing space manufacturing costs by 50%. It can 3D print rocket parts up to one metre tall, enhancing precision and reliability.



Queens father sentenced to 32 years for killing 3-year-old son: DA

Pix11.com 

QUEENS, N.Y. (PIX11) -- A 29-year-old Queens man was sentenced to 32 years to life in prison for killing his 3-year-old son in an Elmhurst shelter, Queens District Attorney Melinda Katz announced Monday. A jury convicted Shaquan Butler of murder in the second degree, assault in the second degree, and six counts of endangering the [...]





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