Amazon Jeff Bezos

From Modi government planning for the eighth term at UNSC, RBI creating Payments Infrastructure Development Fund to Elon Musk calling for a breakup of Amazon, here are the top headlines of the day

Digital payments platforms are witnessing a spike in e-commerce transactions

Amazon's entry in the food delivery business comes at a time when Zomato and Swiggy have started cutting back on discounts

The fleet of 10,000 EVs will include three-wheelers and four-wheelers, which have been designed and manufactured in India

Goyal said Amazon was not doing any favours by deciding to invest an additional $1 billion into India

Murthy, whose Catamaran Ventures is Amazon's partner in India, was speaking at the e-tailer's SMB event in presence of CEO Jeff Bezos

Shares of the biggest online retailer dropped 8.1 per cent to $1,637 in extended trading at 4:24 p.m. in New York

The move comes as part of a previously announced 10b5-1 trading plan. Bezos had previously said he plans to sell stock worth about $1 billion each year to fund his rocket company, Blue Origin

Technology stocks led Monday's declines, with the Nasdaq Composite Index sliding to its lowest since April

Amazon, grew into the second most valuable company in the world after Apple

US President Donald Trump's net worth is $3.1 billion, the $400 million loss he suffered over the past year resulting in a plunge of more than 200 places in the ranking from 544th to 766th

Bill Gates was last person to attain 12-figure fortune in 1999

Amazon shares rose 1.3% to $1,065.92 at 10:10 am in New York, giving Bezos a net worth of $90.9 bn