business news

Indian Oil Corp (IOC), India's largest refiner, has made a significant purchase of 7 million barrels of Middle Eastern and African crude oil as it adapts to ongoing disruptions in global oil supplies. The purchase comes in the wake of recent U.S. sanctions targeting Russian oil producers and tankers, which have affected India's ability to import Russian crude.

Amazon is reportedly laying off approximately 200 employees in its Fashion and Fitness group, which is part of its broader effort to expand its apparel and fashion categories in the United States. This round of job cuts affects employees in San Diego, according to a report from Business Insider, citing internal communication shared on a Slack channel.

Laurene Powell Jobs, the wife of late Apple co-founder Steve Jobs, fell ill while attending the Maha Kumbh in Prayagraj, Uttar Pradesh, on Tuesday. Powell Jobs, who arrived in the city on Monday after visiting the Kashi Vishwanath Temple in Varanasi, developed allergies on her second day at the event. However, despite her health setback, she expressed her intention to participate in the sacred ritual of taking a dip in the Ganga river.

A parliamentary panel in India is set to summon Meta, the parent company of Facebook, over a controversial statement made by its CEO, Mark Zuckerberg, regarding the 2024 Indian elections. The remarks, which were made in a podcast, suggested that the incumbent government in India lost the election due to its handling of the Covid-19 pandemic.

Delhi Chief Minister and Aam Aadmi Party (AAP) candidate from Kalkaji, Atishi, has launched a crowdfunding campaign to support her candidature for the upcoming Delhi Assembly elections. Addressing a press conference on Sunday, she appealed to the public to donate funds to help her raise ₹40 lakh, emphasizing the AAP's commitment to politics of integrity and public service.

Prayagraj, Uttar Pradesh – Laurene Powell Jobs, widely known as 'Kamala' in her spiritual circles, the widow of Apple co-founder Steve Jobs, has reached Prayagraj to take part in the Maha Kumbh Mela. A devoted follower of Swami Kailashnand Giri, the Acharya Mahamandleshwar of Niranjini Akhara, she arrived at the camp on Saturday night with a team of 40. She plans to stay at the Niranjini Akhara camp until January 15 and participate in spiritual activities, including a holy dip in the sacred Ganga.

In a bid to woo Delhi's unemployed youth ahead of the upcoming assembly elections, the Congress party on Sunday announced the launch of the Yuva Udaan Yojana, a scheme aimed at providing financial support to educated but unemployed young people in the national capital.

In a significant move aimed at boosting Chhattisgarh's economic landscape, industrialist Gautam Adani met with the state's Chief Minister Vishnu Deo Sai on Sunday to announce a ₹65,000 crore investment in various Adani Group projects. This includes major expansions in the energy and cement sectors, along with social welfare initiatives in education, healthcare, and tourism.

Laurene Powell, the wife of late Apple co-founder Steve Jobs, is set to attend the upcoming Maha Kumbh Mela in Prayagraj, Uttar Pradesh. This will be her second visit to India, and she is expected to attend the religious gathering to seek spiritual blessings and meditate.

A heartfelt LinkedIn post from a Delhi-based woman seeking a job for her father has captured the attention of many and sparked an outpouring of support from across the professional network. Priyanshi Bhatt's post, titled "Hire my dad," highlights her father’s extensive experience and exceptional leadership skills in the automobile industry, seeking new opportunities after facing financial struggles despite his dedication.