India Curbs Ultra-Fast Deliveries Amid Worker Concerns; Iran Protests Persist; Mixed IT Earnings Reported

This week in India and globally saw significant developments: India urged quick-commerce firms like Blinkit and Swiggy to drop '10-minute' delivery claims following delivery partner protests over safety. In Iran, widespread anti-government protests continue amid a harsh crackdown, with thousands reportedly killed or detained. India's IT sector reported mixed quarterly earnings, with revenue growth but declining net profits due to new labour codes. Additionally, retail inflation in India rose slightly, signaling a potential end to the low inflation phase.