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Amazon pares Fresh as it pushes quick delivery
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Amazon pares Fresh as it pushes quick delivery


Amazon pares Fresh as it pushes quick delivery

Bengaluru: Amazon is preparing to scale down its 4-24 hour grocery delivery service, Amazon Fresh, in several major Indian cities as it sharpens focus on its quick commerce offering, AmazonNow, according to a UBS Global Research report.The transition is expected to play out across 10-15 large urban markets where AmazonNow is being expanded, effectively replacing Amazon Fresh in these locations, the report said.The move underscores Amazon’s shift towards faster fulfillment models, as competition intensifies in India’s quick commerce segment dominated by players such as Blinkit, Zepto and Swiggy Instamart.AmazonNow, currently live in six cities including Bengaluru, Mumbai and Delhi, is being positioned as the company’s primary vehicle for rapid delivery. UBS estimates the service could expand to 10 cities in the near term, covering a large share of quick commerce demand in the country.“We understand AmazonNow’s average order value (AOV) is Rs 260-300, while the mature stores (more than 6 months old) have a higher AOV of Rs 320-360, per our checks. The primary reason for low AOV vs Blinkit and Instamart is that AmazonNow is currently operating in FMCG and only recently adding other categories such as electronics, toys etc,” the research note said.The quick commerce push is being backed by a rapidly expanding dark store network. AmazonNow operates roughly 450 dark stores at present and is adding about two stores a day, with the network expected to scale up significantly over the next year, according to the report.Even as it pivots to faster deliveries in urban centres, Amazon continues to invest in its national logistics backbone. The company currently operates over 20 large warehouses for its broader ecommerce operations and is expected to increase this footprint further by mid-2026 to improve delivery timelines across India.Amazon Fresh, which remains operational in over 100 cities, will continue in markets where quick commerce is yet to be rolled out. However, in cities where AmazonNow is introduced, Fresh is likely to be phased down, reflecting a broader shift from scheduled grocery deliveries to instant fulfilment models.The report is based on channel checks and expert conversations and reflects third-party assessments of Amazon’s strategy rather than company-confirmed plans.



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Naseem Shah ruled out of PSL after PKR 20 million fine; PCB unhappy | Cricket News
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Naseem Shah ruled out of PSL after PKR 20 million fine; PCB unhappy | Cricket News


Naseem Shah ruled out of PSL after PKR 20 million fine; PCB unhappy
Naseem Shah (Image credit: X)

NEW DELHI:It appears that Pakistan’s star pacer Naseem Shah and trouble are going hand in hand. First, he was handed a hefty fine for his comments about a politician on social media – narrowly avoiding a ban – and now fresh concerns around his fitness that ruled him out of the Pakistan Super League (PSL).Beyond behavioural issues, his fitness worries have continued to mount, something that has not gone down well with the Pakistan Cricket Board.Naseem is likely to face action from the Pakistan Cricket Board over both his fitness concerns and his conduct. He will be required to undergo an extensive rehabilitation programme under the supervision of the medical panel.He was fined what is believed to be the largest penalty in Pakistan cricket history – PKR 20 million (approximately USD 72,000) – after criticising Punjab’s chief minister, Maryam Nawaz, in a tweet.“Naseem suffered a side strain during Rawalpindi’s match against Karachi Kings on Thursday and missed the team’s last match, which has raised serious questions over his fitness,” sources told www.telecomasia.net“Naseem’s rise has been stunted by off-field behaviour, his excessive attention to advertisements and podcasts, which has derailed his career. He also missed the 2023 ODI World Cup due to fitness issues, which are blots in his career,” Telecom Asia Sport said, quoting sources.“Naseem will appear before the medical panel under Dr Javed Mughal in the next couple of days, as the selection committee is also not happy with his frequent fitness issues,” sources added.Naseem had suffered an injury during Pakistan’s disappointing 2026 T20 World Cup campaign and was subsequently ruled out of the tour of Bangladesh.He was also demoted to the ‘C’ category in the central contracts list last year.



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Govt extends quality control order deadline to October; aims to boost electrical appliance supply
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Govt extends quality control order deadline to October; aims to boost electrical appliance supply


Govt extends quality control order deadline to October; aims to boost electrical appliance supply

The government on Monday extended the implementation timeline for the mandatory quality control order (QCO) on certain electrical appliances by six months till October, PTI reported.“It shall come into force on the 1st of October, 2026,” the Department for Promotion of Industry and Internal Trade (DPIIT) said in a notification.The QCO is applicable to all electrical appliances intended for household, commercial or similar applications with rated voltage not exceeding 250 volts for single-phase appliances and 480 volts for other appliances, including direct current (DC) supplied and battery-operated appliances.Goods covered under the order include household electrical appliances such as vacuum cleaners, cooking ranges, frying pans, appliances for heating liquids, electric heating tools and electric steam cookers.The implementation timeline had earlier been extended in May 2025 till March this year.The move assumes significance as the government is encouraging companies to ramp up production of induction heaters and compatible utensils amid rising demand for these products due to concerns over LPG availability following the West Asia crisis.The conflict has disrupted shipping through the Strait of Hormuz, impacting oil and gas supplies and prompting consumers to shift towards alternative cooking solutions such as induction-based appliances.



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Pakistan External Repayments: Pakistan lines up $4.8 billion in external repayments by June, including $3.5 billion owed to UAE: Report
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Pakistan External Repayments: Pakistan lines up $4.8 billion in external repayments by June, including $3.5 billion owed to UAE: Report


Pakistan To Return $3.5 Billion UAE Debt In April Despite Reserve Strain

Pakistan has made arrangements to repay $4.8 billion in external obligations by June, including $3.5 billion payable to the United Arab Emirates through three different facilities, according to a local media report.The development comes after Islamabad decided to return $2 billion to Abu Dhabi by the end of the current month. The amount had been placed with the State Bank of Pakistan (SBP) as a deposit, on which the country has been paying around 6 per cent interest.

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Pakistan To Return $3.5 Billion UAE Debt In April Despite Reserve Strain

According to Geo News, citing official sources, Pakistan has also received assurances of more than $5 billion in financial support from two friendly countries to help manage its external financing needs.A $1.3 billion Eurobond, issued for a 10-year period, is also maturing this week and will be repaid, adding to short-term repayment pressure, reported news agency PTI.

UAE shortened rollover periods after December as regional tensions mounted

The UAE had in the past rolled over such deposits annually. However, in December 2025, the facility was extended only for short durations — first for one month and then for two months — indicating tighter financial conditions.Recently, the UAE sought immediate return of the funds amid the evolving situation in Middle East following the US-Israel war on Iran.Earlier, the UAE had agreed in principle to roll over the $2 billion deposit for a short-term period of two months after Pakistan’s deputy Prime Minister Ishaq Dar engaged with UAE authorities. The rollover was extended until April 17, 2026.Previously, two separate $1 billion tranches maturing on February 16 and February 22 were rolled over for one month. Another $1 billion tranche is due to mature in July 2026.

Foreign office says repayment is routine

The Abu Dhabi Fund for Development has placed a total of $3 billion with the SBP in three tranches. Two tranches that matured in January were rolled over for one month, while the third will be dealt with closer to maturity.On April 4, Pakistan’s foreign office rejected what it called “misleading and unfounded” reports about the return of UAE debt, saying the repayment was a routine financial transaction.“This is a routine financial transaction, and any attempt to portray it otherwise is erroneous and misleading,” the FO said in a statement.The FO added that the deposits were placed with the central bank under bilateral commercial agreements and reflected “the UAE’s strong support for Pakistan’s economic stability and prosperity”.For the current fiscal year, Pakistan is seeking rollover of about $12 billion in external deposits, including around $9 billion from Saudi Arabia and China, $5 billion and $4 billion respectively, in addition to the UAE deposits.



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Reliance Industries unit loading 2 million barrels of Venezuelan crude oil: Report
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Reliance Industries unit loading 2 million barrels of Venezuelan crude oil: Report


Reliance Industries unit loading 2 million barrels of Venezuelan crude oil: Report

A unit of Reliance Industries has reportedly started loading a 2-million-barrel shipment of Venezuelan crude. The oil has directly procured from state-run oil firm Petróleos de Venezuela, SA (PDVSA), according to a company document and shipping data on Monday, cited by Reuters.Reliance Industries secured a US general licence in February 2026, following an application in early January, allowing it to directly purchase, export and refine Venezuelan crude without breaching sanctions. The approval came amid a broader easing of restrictions on Venezuela’s energy sector by the administration of Donald Trump. The move is expected to help Reliance diversify its crude sourcing, potentially replacing some Russian supplies with discounted Venezuelan heavy oil, while supporting renewed oil flows from Caracas.



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Searching for first win, KKR go without Sunil Narine and Varun Chakravarthy vs PBKS – check full playing XI | Cricket News
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Searching for first win, KKR go without Sunil Narine and Varun Chakravarthy vs PBKS – check full playing XI | Cricket News


Searching for first win, KKR go without Sunil Narine and Varun Chakravarthy vs PBKS - check full playing XI

NEW DELHI: Searching for their first win of the IPL 2026 season, Kolkata Knight Riders opted to bat first against Shreyas Iyer‘s Punjab Kings (PBKS) on Monday.KKR skipper Ajinkya Rahane won the toss and decided to bat first at Eden Gardens.KKR made two changes in their playing XI, and neither of their two mystery spinners, Sunil Narine and Varun Chakravarthy, made it to the team. “We are going to bat first. Looks like a good wicket, a little bit of the drier side, but it’s a very good wicket and slightly less covering of grass as well. It’s all about having that belief and confidence. It’s about winning those small moments. We are confident. Two changes, forced. Varun Chakaravarthy got injured taking the catch in the last game and Narine isn’t playing. Powell and Saini are in,” Rahane said at the toss.Meanwhile, PBKS went with the same team.“I was supposed to bowl as well. So kind of happy with the decision he took. Our (Shreyas and Ponting) chemistry blossomed from our Delhi Capitals days. He gives freedom to all the youngsters and he is an inspiration himself. Same team for us,” PBKS skipper Shreyas Iyer said. TeamsPunjab Kings (Playing XI): Prabhsimran Singh(w), Shreyas Iyer(c), Cooper Connolly, Nehal Wadhera, Shashank Singh, Marcus Stoinis, Marco Jansen, Xavier Bartlett, Vijaykumar Vyshak, Arshdeep Singh, Yuzvendra ChahalKolkata Knight Riders (Playing XI): Finn Allen, Ajinkya Rahane(c), Cameron Green, Angkrish Raghuvanshi(w), Rovman Powell, Rinku Singh, Ramandeep Singh, Anukul Roy, Navdeep Saini, Vaibhav Arora, Kartik TyagiImpact subs listPunjab Kings Impact subs: Priyansh Arya, Suryansh Shedge, Vishnu Vinod, Pravin Dubey, Harpreet BrarKolkata Knight Riders Impact subs: Blessing Muzarabani, Manish Pandey, Tejasvi Singh, Rahul Tripathi, Saurabh Dubey



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US stock market today (April 6, 2026): S&P 500 steady, Dow dips; oil swings on Iran war uncertainty
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US stock market today (April 6, 2026): S&P 500 steady, Dow dips; oil swings on Iran war uncertainty


US stock market today (April 6, 2026): S&P 500 steady, Dow dips; oil swings on Iran war uncertainty

US stock markets showed tentative moves on Monday, with the S&P 500 inching higher while the Dow Jones Industrial Average slipped, as oil prices remained volatile ahead of President Donald Trump’s deadline on Iran, AP reported.The S&P 500 rose 0.1% in early trading, coming off its first weekly gain in six weeks. The Dow Jones Industrial Average fell 107 points, while the Nasdaq Composite advanced 0.4%.Oil prices fluctuated between gains and losses amid uncertainty over the Iran conflict and its impact on global energy supplies.Trading remained subdued as geopolitical tensions escalated, with Israel and the United States carrying out strikes in Iran that reportedly killed 25 people ahead of Trump’s deadline for Tehran to reopen the Strait of Hormuz.Futures markets reflected cautious sentiment, with S&P 500 futures up 0.1%, Dow futures down 0.2% and Nasdaq futures gaining 0.3%.Iran’s South Pars natural gas field was among the targets hit, while Tehran responded with missile attacks on Israel and Gulf Arab neighbours. Mediators from Egypt, Pakistan and Turkey have proposed a 45-day ceasefire and reopening of the Strait of Hormuz, though both Iran and the US are yet to respond.Trump, whose deadline expires Monday night Washington time, warned that if no agreement is reached, the US would target Iran’s power plants and infrastructure.“Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran,” he said in a social media post, adding that failure to reopen the strait would leave Iran “living in Hell.”Despite the escalation, oil prices eased slightly. Benchmark US crude fell $1.40 to $110.14 per barrel, while Brent crude declined 45 cents to $108.58 per barrel. Prices, however, remain sharply elevated, with US crude up over 60% and Brent up nearly 50% since the conflict began five weeks ago.Global markets showed mixed trends. Japan’s Nikkei 225 rose 0.6% and South Korea’s Kospi gained 1.4%, while markets in Australia, Hong Kong, Shanghai and parts of Europe remained closed due to holidays.The US relies on the Persian Gulf for only a fraction of its oil imports, but global pricing dynamics mean disruptions in the Strait of Hormuz affect markets worldwide. Countries like Japan remain heavily dependent on the route, prompting efforts to secure alternative supply lines.Japan has begun releasing reserves and exploring alternate routes, while South Korea plans to deploy at least five ships to Saudi Arabia to establish new oil transport corridors.“As we kick off the first full trading week of April, the word uncertainty is paramount. Last year it was centered on the impact of ‘Liberation Day’ tariffs, this year it’s uncertainty surrounding the ongoing Iranian War,” said Jay Woods, analyst at Freedom Capital Markets in New York.



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Hormuz transit update: 2 Indian LPG tankers cross strait; 16 vessels remain stranded in Gulf
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Hormuz transit update: 2 Indian LPG tankers cross strait; 16 vessels remain stranded in Gulf


Hormuz transit update: 2 Indian LPG tankers cross strait; 16 vessels remain stranded in Gulf

Two more Indian-flagged LPG tankers have safely crossed the conflict-hit Strait of Hormuz and are headed towards Indian ports, even as 16 vessels remain stranded in the Persian Gulf, officials said on Monday, according to PTI.LPG vessel Green Sanvi, carrying 46,650 tonnes of cargo, is scheduled to reach an Indian port on April 7, while Green Asha, with 15,500 tonnes, is expected to arrive on April 9, Mukesh Mangal, Additional Secretary in the Ministry of Ports, Shipping & Waterways, said at a briefing.

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India’s Kandla Port Breaks All Records At 160 MMT Cargo Despite West Asia Crisis, Aims Bigger Target

“Indian maritime operations remain safe and uninterrupted amid West Asia crisis. 16 Indian-flagged vessels with 433 seafarers are in the region; two LPG carriers, Green Sanvi and Green Asha, safely crossed Strait of Hormuz,” he said.With the latest movement, eight Indian-flagged LPG tankers have now transited through the strategic waterway, which has remained largely disrupted since the US and Israel launched strikes on Iran on February 28, followed by Tehran’s retaliation.Of the 16 vessels still in the Persian Gulf, one is a loaded LNG carrier, two are LPG tankers (one loaded, one empty), six are crude carriers (five loaded, one empty), three are container ships, one is a dredger, one carries chemical cargo and two are bulk carriers, Mangal said.On reports of Iran charging transit fees, he said, “we have no information of such payments.”The arrivals are expected to ease India’s LPG supply concerns, as the country depends on imports for about 60% of its cooking gas needs. Of the 33.15 million tonnes of LPG consumed last year, nearly 90% of imports came from West Asia.Shipping through the Strait of Hormuz — a key route for global oil and gas flows — has been severely affected since the conflict escalated, although Iran has indicated that “non-hostile vessels” may pass after coordination with its authorities.Last week, two LPG carriers, BW TYR and BW ELM, carrying around 94,000 tonnes of LPG, safely crossed the region. BW TYR reached Mumbai on March 31, while BW ELM docked at New Mangalore on April 1.Earlier, four Indian-flagged LPG tankers–Pine Gas, Jag Vasant, MT Shivalik and MT Nanda Devi–had also completed safe passage, delivering over 1.85 lakh tonnes of LPG to Indian ports in March.At the start of the conflict, 28 Indian-flagged vessels were in the Strait of Hormuz region. So far, 10 vessels–eight from the western side and two from the eastern side–have managed to transit safely.In addition, oil tanker Jag Laadki, carrying 80,886 tonnes of crude from the UAE, reached Mundra on March 18, while Jag Prakash, transporting gasoline from Oman to Africa, also crossed the strait earlier and is currently en route to Tanzania.



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Will Hardik Pandya play in MI vs RR match? Coach reveals allrounder’s ‘injury’ status | Cricket News
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Will Hardik Pandya play in MI vs RR match? Coach reveals allrounder’s ‘injury’ status | Cricket News


Will Hardik Pandya play in MI vs RR match? Coach reveals allrounder’s 'injury' status

NEW DELHI: In a big boost for the Mumbai Indians, their captain Hardik Pandya will be available for the IPL 2026 clash against the Rajasthan Royals at the ACA Stadium in Barsapara, Guwahati, the franchise’s bowling coach Paras Mhambrey confirmed on Monday.“He will be available, he had a good couple of hours of net session yesterday. He is fit and fine. Just to clarify, Hardik wasn’t injured, he was unwell, that’s why he missed the game,” Mambrey said in the pre-match press conference.Pandya, a key figure in the side, missed MI’s previous outing due to illness, and his absence proved costly in their six-wicket defeat to Delhi Capitals on Saturday.While India T20I skipper Suryakumar Yadav stepped in to lead and ensured continuity, the five-time IPL champions missed Pandya’s all-round abilities on a tacky surface.His absence also forced a rejig in the combination. Deepak Chahar, drafted in for the game, delivered a tidy spell, but the decision to bring in pace all-rounder Corbin Bosch in place of seasoned left-arm pacer Trent Boult backfired, with the South African leaking runs.Despite picking two wickets early in the second essay, MI couldn’t prevent DC from chasing down the 163-run target with eleven balls and six wickets to spare.Shardul Thakur, who starred with the ball in their opening game, was expensive in the last outing, while the ever-reliable Jasprit Bumrah has been economical but is yet to open his account this season.In the spin department, Mitchell Santner justified his selection ahead of Afghan mystery spinner Allah Ghazanfar and is likely to retain his place.The MI bowlers, however, will need to raise their game against a Rajasthan top order that has been in excellent form so far.RR openers Yashasvi Jaiswal and teenage sensation Vaibhav Sooryavanshi have provided explosive starts, with Dhruv Jurel then building on the momentum.New skipper Riyan Parag is yet to make a significant contribution with the bat but will take confidence from his leadership, particularly his tactical decisions at the death that guided the Royals to a thrilling win over the Gujarat Titans.Among the bowlers, Tushar Deshpande and Ravi Bishnoi have been impressive.Bishnoi has emerged as the joint leading wicket-taker with five scalps from two matches, marking a strong turnaround after a challenging 2025 season following which he worked on multiple aspects of his game.Deshpande, meanwhile, showcased his death-bowling skills by successfully defending 10 runs in the final over against the Titans, conceding just four with a series of pinpoint yorkers.With Mumbai, currently sixth on the points table, seeking to bounce back and second placed Rajasthan riding a wave of confidence, the contest’s result could hinge on how effectively MI’s bowlers handle the Royals’ in-form top order.



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