Gold Prices Slide Toward Second Weekly Loss as Fed Rate Hike Expectations Weigh on Market 
Wall Street Slides as U.S.-Iran Tensions Escalate; Tech Stocks Extend Losses in 2026 
Time to buy local: war fuel price shocks reveal the folly of a long food supply chain 
Woodside Energy Acquires PetroChina’s Browse Stake, Expands Position in Major Australian Gas Project 
Asian Currencies Mixed as Dollar Slips on Iran Peace Hopes and Fed Rate Outlook 
Why financial hardship is more likely if you’re disabled or sick 
Apple Unveils Enhanced Apple Intelligence and Next-Generation Siri at WWDC 2026 
Adobe Beats Q2 2026 Estimates, Raises Full-Year Outlook as AI Revenue Surges Despite Stock Drop 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
BHP Port Hedland Workers Back Strike Action Amid Pay Dispute 
Heritage, desire and diplomacy: why China still values scotch whisky 
Britain has almost 1 million young people not in work or education – here’s what evidence shows can change that 
US Dollar Edges Higher as Inflation Data and Middle East Tensions Shape Market Sentiment 
US Appeals Court Keeps Trump’s 10% Global Tariff in Effect During Ongoing Legal Battle 
Frasers Group Launches €2 Billion Hugo Boss Takeover Offer Amid Control Speculation 
European Stocks Rise Ahead of ECB Rate Decision as Investors Buy the Dip 
Amazon India is reshaping the e-commerce landscape with its novel floating store on Dal Lake in Srinagar, Kashmir. This innovative venture, part of their 'I Have Space' program, enhances delivery efficiency and fortifies local commerce by integrating the region's houseboat community into its robust delivery network.
The floating store is part of Amazon India's 'I Have Space' last-mile delivery program, which harnesses local resources to ensure quick and seamless delivery within a 2 to 4-kilometer radius. The program revolutionizes the delivery process by addressing the final step in the supply chain.
Heading the operations of the floating store is Murtaza Khan Kashi, the owner of the houseboat Select Town. With his daily deliveries to other houseboats on the lake, Kashi plays a crucial role in expanding Amazon's delivery network while creating income opportunities for small businesses.
Previously, residents and businesses around Dal Lake and Nigeen Lake had to rely on shikaras or nearby shops to receive their Amazon packages. Thanks to the floating store and Murtaza's efforts, packages are now personally delivered to customers' doorsteps, providing a hassle-free experience.
Since its launch in early June, the floating store has become a dependable delivery source for regional customers. Karuna Shankar Pande, the Director of Amazon Logistics in India, recognizes the store's potential to offer swift and efficient deliveries.
Pande emphasizes that India's first floating 'I Have Space' store on Dal Lake reaffirms Amazon India's commitment to creating meaningful opportunities and introducing new capabilities to enhance its delivery network.
The 'I Have Space' program, initiated in 2015, collaborates with local stores and business owners to deliver products within a 2 to 4-kilometer radius of their store. Amazon partners with over 28,000 neighborhood and kirana stores across close to 420 towns and cities in India.
This pioneering step transforms delivery systems in Srinagar and sets a new precedent for e-commerce operations in India. It exemplifies Amazon India's dedication to innovation and creating a seamless delivery experience for customers nationwide.
Photo: Bryan Angelo/Unsplash
