Rupee drops 0.4% to 85.96 against dollar in sharpest single-day fall in two months

India's exports surge 25.4% in August, trimming trade deficit to $9.41bn

India's trade deficit narrowed to $9.41 billion in August 2026, driven by strong export growth. Overall exports rose 25.41% year-on-year to $82.68 billion, while imports climbed to $92.09 billion. Merchandise exports led the charge with a 26.12% increase, reaching $43.81 billion. Services exports also posted robust gains, further supporting the positive trend. The accelerating export momentum points to an improving trade outlook for India.

Uber cuts 3,300 jobs, CEO promises lower fares and leaner structure

Ride-hailing giant Uber has laid off approximately 3,300 employees, representing nearly 10% of its global workforce. CEO Dara Khosrowshahi announced the move at the Goldman Sachs conference, stating that cost savings from the layoffs and declining insurance expenses would be passed on to customers through lower fares. The restructuring is also aimed at improving ride selection and fueling business growth. As part of the reorganisation, Uber is eliminating management layers and cutting almost all remote positions. The changes come as Uber faces intensifying competition in the US from autonomous vehicle services such as Waymo robotaxis.

'See how many allies of Pak were in that room': Omar praises Centre for Brics

Gurgaon Hit-and-Run: Two Arrested After Video Shows Deliberate Attack on Woman Biker

Gurgaon police have arrested Kalyan Singh Bainsla and his cousin Lavish in connection with a hit-and-run case involving a woman biker. Authorities stated that the accused deliberately rammed his car into the victim's bike with the intent to kill her, as evidenced by video footage. Charges of attempt to murder were added based on the statement provided by the victim. After making a media statement, the primary accused fled to Rajasthan but was subsequently tracked down and arrested.