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BusinessPhoto: Mint CompaniesZoho has implemented a pay freeze amid rising pressures from AI advancements in the software industry. Since FY23, when OpenAI launched ChatGPT, Zoho's profitability increased by 3%, but employee costs surged by 49%, indicating financial strain. This reflects broader challenges faced by India's software companies adapting to generative AI technologies.
Mint Companies·
PoliticsPhoto: Prabhat KhabarUnion Home Minister Amit Shah criticized Congress and Rahul Gandhi, saying gathering 8,000 people from 14 parties within a 1.5 km area does not make Rahul Gandhi the voice of the nation. Shah urged Congress to recognize that the country's true voice lies in rural and remote areas where Congress lacks reach. He also mentioned states like Bihar, Uttar Pradesh, and Tamil Nadu where Congress has been rejected by voters for decades.
Prabhat Khabar·
WorldPhoto: Economic TimesEastern Railway has replaced standard blankets with floral comforters in the First AC coaches of the Howrah-New Delhi Rajdhani Express starting October 11, 2026. These comforters will be washed and sanitized after every round trip to ensure hygiene and passenger comfort.
Economic Times··Kolkata
BusinessPhoto: TOI WorldAudrey Finocchiaro and Sam Lancaster founded The Nitro Bar in 2016, starting with financial challenges and customer engagement issues. Their persistence led to strong sales growth at Brown University. With investor support, they expanded into wholesale and retail, generating $4.5 million annually and creating 80 jobs.
TOI World·
WorldPhoto: News18Hi BusinessThe wheels of the chariots used in the Jagannath Rath Yatra are being auctioned, with the price for each wheel set at ₹4 lakh, up from ₹3 lakh last year. The Shri Jagannath Temple administration has fixed the prices for the wheels of all three chariots. The wheels are expected to be sold to a large company, and the auction process may begin soon.
News18Hi Business·
BusinessPhoto: TOI BusinessOil prices increased on Wednesday due to concerns over supply disruptions caused by escalating attacks from Yemen’s Iran-aligned Houthi rebels on Saudi Arabia. Traders balanced these risks against expectations that increased Russian diesel exports might ease the tightness in the market, but the supply fears dominated, pushing prices higher.
TOI Business·
Mint Companies·
Photo: Mint CompaniesZoho has implemented a pay freeze amid rising pressures from AI advancements in the software industry. Since FY23, when OpenAI launched ChatGPT, Zoho's profitability increased by 3%, but employee costs surged by 49%, indicating financial strain. This reflects broader challenges faced by India's software companies adapting to generative AI technologies.
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