Top Business & Market Headlines Today — BL Morning Report, Dec 11, 2025

Amazon to invest over $35 billion in India till 2030 across its businesses E-commerce major Amazon on Wednesday said it will make fresh investments of over $35 billion across all its businesses in the country till 2030. These investments will focus on business expansion as well as driving digitisation and export growth. It added that it plans to create one million additional job opportunities and deliver AI benefits to 15 million small businesses and Indian consumers. According to Amazon, Since 2010, the company has invested nearly $40 billion in India and has enabled over $20 billion in cumulative e-commerce exports, reports Meenakshi Verma Ambwani. H1B visa interviews of thousands of applicants in India cancelled triggering outrage Pre-scheduled interviews of thousands of H-1B visa applicants slated for later this month in India have been abruptly postponed by several months apparently to scrutinise their social media posts and online profiles. Some of the applicants, whose visa appointments were scheduled next week, have received e-mails from US immigration authorities informing that their interviews are being pushed back as late as May next year. The mass cancellation of scheduled interviews of the H-1B visa applicants in view of the enhanced vetting measures is set to result in significant delays in their return to the US. The rescheduling of the interviews is for all applicants who were previously given appointments from December 15 onwards. Most of them were already in India and are now unable to return to the US pending their new interview dates since they don’t have a valid H1B visa to travel back to the US for their jobs. DGCA summons IndiGo CEO Pieter Elbers to explain mass flight cancellations India’s aviation safety regulator has summoned IndiGo’s Chief Executive Pieter Elbers on Thursday to present facts related to the recent mass cancellation of flights.  The Directorate General of Civil Aviation (DGCA) has directed the airline’s Chief Executive to present comprehensive data and updates relating to the recent operational disruptions. Elbers has been instructed to submit a complete report and appear before the DGCA on December 11, 2025. Sluggish growth in own tax revenue of most large States in FY26 At a time when GST rates have been lowered and states don’t receive GST compensation cess either, the own tax revenue (OTR) of states becomes more significant. businessline analysis of OTR data from CAG shows that the growth of this revenue has been sluggish for some of the top states in FY26. Gujarat’s OTR for April–October 2025 has grown by about 13 per cent over last year. This is the highest increase among the 10 biggest states in India (by GDP). Growth of OTR in some of the larger states such as Tamil Nadu, Uttar Pradesh, Andhra Pradesh and Madhya Pradesh was anaemic, below 5 per cent. Only four of the ten large states have crossed half of their budgeted own tax collections by October 2025, reports Sindhu Hariharan.