Amazon has overtaken Walmart to become the world’s largest company by annual revenue, marking a historic shift in the long-running rivalry between the two retail giants. Walmart reported revenue of $713.2 billion for its most recent fiscal year, narrowly trailing Amazon’s $716.9 billion. The development had been anticipated for months after Amazon first exceeded Walmart in quarterly sales roughly a year ago, signaling a gradual but decisive change in the competitive landscape. W

Gold and silver prices saw a sharp correction on February 17, rattling investors after weeks of strong gains. Gold dropped by Rs 2,561 or 1.65% to Rs 1,52,199, while silver fell by Rs 6,241 or 2.6% to Rs 2,33,650 at the time of writing. The sudden decline comes amid reduced global trading activity and rising volatility in the bullion market. A major reason behind the decline is low participation from key global markets. Chinese markets remain closed from February 15 to February 23 f

Many taxpayers are facing a frustrating wait for their tax refunds as nearly 24 lakh income tax returns (ITRs) for the Assessment Year 2025–26 have been pending for more than 90 days. According to the Minister of State for Finance, Pankaj Chaudhary, as of February 4, 2026, out of 8.79 crore ITRs filed, approximately 24.64 lakh were yet to be processed, leaving millions of individuals waiting for their refunds. The large backlog has triggered concerns, especially for senior citizen

Bitcoin, the world’s largest cryptocurrency, faced a dramatic price drop on February 6, 2026, hitting an intraday low of $60,008.52 during volatile trading. This marks the lowest point for Bitcoin since October 2024. The decline occurred amid a broader selloff across global markets, especially in technology stocks, metals, and other riskier assets, raising concerns about whether Bitcoin could fall below the $60,000 mark in the coming days. After touching this 16-month low, Bitcoin

As artificial intelligence (AI) reshapes industries and job markets, higher education, especially in the UK, is undergoing a transformation to adapt to new skill demands. In 2026, universities are increasingly focusing on practical skills and AI literacy to ensure graduates are ready for the workforce. This shift away from traditional degrees is a response to the growing need for hybrid capabilities that blend human insight with machine intelligence. The UK, in particular, faces a r

The Reserve Bank of India (RBI) will announce its latest monetary policy decision today, February 6, 2026, with markets largely expecting the central bank to keep the repo rate unchanged. This announcement follows a series of rate cuts, with the last one made in December 2025, reducing the repo rate from 5.50% to 5.25%. Experts predict that the RBI will maintain a pause in rate cuts as it assesses the impacts of the previous changes on inflation and growth. RBI Governor Sanjay Malho

The artificial intelligence revolution is rapidly transforming the global landscape, reshaping industries, economies, and educational systems at an unprecedented pace. Recognizing the urgency of adapting to this technological shift, the Andhra Pradesh government has taken a decisive step by launching what is set to become India’s first dedicated Artificial Intelligence university. The university is scheduled to begin operations in Amaravati from February 19, marking a significant milestone

As the Union Budget 2026 draws closer, India’s gems and jewellery industry has stepped up its demands for policy reforms aimed at reviving demand, supporting employment and improving transparency. Industry leaders believe the upcoming Budget can play a decisive role in restoring consumer confidence at a time when global trade uncertainty and high prices have made buyers cautious. With jewellery being both a cultural and economic mainstay, the sector is urging the government to adopt growth-

Silver prices in India have surged to a historic high, crossing the Rs 4 lakh per kilogram mark in futures trading and pushing up spot prices across major cities. The sudden spike has caught many buyers by surprise, especially as silver was trading at much lower levels just weeks ago. The rally has been sharp and swift, making silver one of the strongest-performing commodities in recent times and raising questions among consumers and investors about whether prices will continue to rise or cor

India’s Economic Survey 2025–26 has raised a serious warning over the rapid rise of digital addiction among children and adolescents, calling it a growing public health and economic risk. Tabled in Parliament on Thursday, the report highlights how excessive use of smartphones, social media, gaming platforms, and online entertainment is increasingly affecting mental wellbeing, academic performance, and long-term productivity among the country’s youth. The survey defines digital addiction

The Indian rupee weakened to a fresh all-time low of 91.99 against the US dollar on January 29, extending its recent slide amid persistent pressure from global and domestic factors. The currency has now fallen 2 percent so far this year and nearly 5 percent since the United States imposed higher tariffs on Indian merchandise exports. The sharp decline reflects continued weakness in foreign capital inflows and a surge in corporate demand for dollar hedging, which have outweighed the positive i

Keurig has issued a voluntary recall of more than 80,000 decaf coffee pods after discovering that the products may contain caffeine. The recall applies specifically to K-Cup pods labeled as McCafe Premium Roast Decaf Coffee, with a best-by date of November 17, 2026, and a UPC code of 043000073438. Consumers who purchased these pods are advised to check their inventory, as the product may not meet its labeled decaf specifications. The recall was initially announced on December 6, 2025,

Southwest Airlines passengers completed their final boarding-day routines under the carrier’s open seating model on Monday, closing a chapter on a system that defined the airline for more than five decades. Beginning Tuesday, Southwest officially transitioned to assigned seating, a move that places the Dallas-based airline closer to industry norms followed by most major U.S. carriers. Under the new approach, customers flying Southwest will receive designated seat assignments and m

United Parcel Service announced Tuesday that it plans to eliminate approximately 30,000 positions during the current year as the company continues to wind down its longstanding business relationship with Amazon and executes a broader, multi-year turnaround strategy. The workforce reduction is expected to be driven primarily by lower shipping volumes connected to the gradual exit from Amazon-related operations. Speaking during a conference call with analysts following the release of

A Newark-based chef is challenging traditional perceptions of food trucks by delivering a refined, restaurant-style experience from a mobile kitchen, blending culinary creativity with accessibility. Nyreek Aliuthmar, professionally known as Chef Hub, operates Hitting Ur Belly, a food truck that has become known for inventive combinations and a rotating menu that keeps customers returning for new flavors. Unlike conventional food trucks that rely on a fixed set of popular items, Hitt

Tesla CEO Elon Musk announced that the company’s robotaxi service will be “widespread” across the United States by the end of 2026, signaling a major milestone in autonomous vehicle technology. Musk stated that Tesla has begun rolling out its driverless ride-sharing network after launching the first robotaxi service in Austin in 2025. Initially, vehicles operated with human safety supervisors on board, following years of postponed promises regarding fully autonomous cars. The company later

Ohio is set to welcome its first Buc-ee’s, with officials announcing the grand opening date and schedule for the highly anticipated store. Located at 8000 State Route 235 in Huber Heights, the new Buc-ee’s will officially open to the public at 6 a.m. on Monday, April 6. The announcement has generated excitement among residents and travelers eager to experience the popular convenience store and gas station chain for the first time in the state. Ahead of the public opening, a specia

The Andhra Pradesh delegation’s presence at the World Economic Forum Summit in Davos has already begun yielding remarkable results. IT Minister Nara Lokesh made a major announcement that has drawn national and international attention by revealing a massive strategic infrastructure partnership between the Andhra Pradesh government and RMZ Group. Valued at nearly 10 billion dollars, this partnership is expected to redefine the state’s digital, industrial and employment landscape over the co

A major global streaming company has revised the terms of its previously announced acquisition of a leading entertainment studio, converting the transaction into a full all-cash deal valued at approximately $82.7 billion. The amendment preserves the original per-share valuation while removing the stock component of the agreement, a move that underscores the intensifying competition and high stakes shaping the global media and streaming sector. The original agreement, announced in la