The new jobs - created both directly and indirectly - will be across industries, including IT, skill development, content creation, retail, logistics, and manufacturing.
'Facebook and Google no longer need to have infantry regiments and cavalry like the East India Company because they are inside everyone's phones listening to our conversations.'
In December last year, Amazon invested over Rs 1,700 crore into its payments and wholesale business units in India, while in October it had infused over Rs 4,400 crore (more than USD 600 million) in its various units in India, including marketplace and food retail. Bezos last visited India in 2014 when he presented Amazon's Indian unit with a giant cheque for USD 2 billion. Since then, Amazon has pledged a further USD 3.5 billion to expand in the country and the USD 1 billion investment announced on Wednesday would take the total committed investment to USD 6.5 billion.
Amazon CEO Jeff Bezos is in India this week and is expected to meet top government functionaries, business leaders and SMBs.
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
Fissures in Maha BJP were out in the open at a rally organised in memory of the late Gopinath Munde, with Eknath Khadse and Pankaja targeting former CM Devendra Fadnavis.
Addressing the Congress Parliamentary Party meeting in Parliament House, she also attacked the governor of the state, Bhagat Singh Koshyari, saying he had acted in an "unprecedented and reprehensible manner".
As the Congress party prepares to launch protests against the economic slowdown, Chhattisgarh Chief Minister Bhupesh Baghel tells Archis Mohan that his state has escaped its effects as his government has pursued policies that have put money in the pockets of workers, farmers, housewives and tribals, which has helped spur demand.
Other major gainers were Tata Steel, Yes bank, Axis Bank, Maruti Suzuki, Tech Mahindra and TCS -- rising as much as 7.09 per cent.
Retail prices of tomato had touched almost Rs 80 per kg in major cities owing to short supply and transportation cost over the past few weeks following heavy downpour.
The Congress is seeking to oust the BJP government in Haryana in the October 21 polls.
'The August phenomenon of decline in sales occurs every year.' 'What they have done cleverly is, using the economic slowdown as an excuse, they want a package from the government to compensate the expenditure they will incur while converting BS4 to BS6.' 'That's why they are making a hue and cry.'
Irrational behaviour, born out of incomplete understanding, biases, overconfidence, fear or greed, has led investors to make less than half of what they could have in the capital markets, says Erik Hon.
After sinking 586 points during the day, the 30-share index ended 503.62 points, or 1.29 per cent, lower at 38,593.52. The broader NSE Nifty plunged 148 points, or 1.28 per cent, to 11,440.20.
'We have not been able to use the potential of our location in the region and the world and our strength as a nation and an economy to establish an EU-like structure in South Asia,' points out Aakar Patel.
'Those who thought they are above law and above courts of the country are now approaching courts praying bail; some people have already gone inside (jail) which is their rightful place.'
The PM asserted that 'we know how to take challenges head-on'.
Can Modi enthuse BJP workers to pursue the end of single-use plastic with the same vigour and enthusiasm as they celebrated the attack on a neighbour, asks Aditi Phadnis.
Cautious optimism over US-China trade talks after US President Trump said his trade negotiators had received two "very good calls" from Beijing also influenced the local currency, dealers said.
Modi, who was in France on the first leg of his three-nation tour, said there have been a number of constructive changes in the last five years.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Investors are anxious over the US-China trade tension, a sharp devaluation in yuan and uncertainty over Kashmir issue.
A complex holding structure and unrelated businesses clubbed under one roof could have been the reasons that prompted investors to shun the stock, experts say. These are likely to impact the company's ability to raise funds, too, they add.
With satisfactory progress of monsoon rainfalls prompting farmers to bring in additional area under basmati sowing, prices are set to fall lower going forward.
News of all that's transpired on and off the football field
Meanwhile, retail jewellery sales in India have declined by 50 per cent since gold price started its uptrend nearly two weeks. Buyers deferred their fresh purchase amid expectations of a correction in gold prices from the current high level.
Modi also reminded Congress of the Emergency, saying it's a blot on the democracy that will never fade.
Sources said the Congress Parliamentary Party authorised Gandhi to pick the party's leader in Lok Sabha.
The Congress chief had earlier tweeted his disapproval and the party had distanced himself from Pitroda's remarks.
'Traders have been the worst hit because of the government's policies, but for some unknown reason, many continue to support the BJP.'
Singh asserted that the people have made up their minds to vote out the government
Bajpai said he quit the AAP as he felt "suffocated" over the "misbehaviour and insult" meted out by the party and claimed that several other legislators of the ruling party in the national capital felt the same way.
The emperor has no political power, yet he enjoys a unique place in Japanese society, notes Dr Rajaram Panda.
Authorities also released photographs of six suspects, including three women, wanted for their involvement in the attacks and sought information regarding them from the public.
The common denominator: They were predominantly Gujarati, mostly male, and either related by blood or very well-known to Nirav.
A political party's manifesto is the first stage of building a compact with the voters in any governance plan. If that compact is dependent on a document that reeks of fiscal imprudence and lacks credibility, it is a serious setback to the country's democracy and governance, says A K Bhattacharya.
'We will be voting keeping in mind the brunt we bore because of demonetisation and high GST rate'
The attack is believed to be targeting the Shiite Hazara ethnic minority community.
Despite its harmful effects, leaders and party workers consume khaini to keep them going during the election campaign.
Sudhir Bisht recalls the battle of 1984, in which UP's strongman H N Bahuguna was felled by Bollywood superstar turned political novice Amitabh Bachchan.
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