By: The Trek News Desk Rising geopolitical tensions in West Asia rattled Indian equity markets on Monday morning, triggering a sharp sell-off in aviation and travel-related stocks. Investor sentiment turned cautious as fears of prolonged disruption to international flight operations mounted. On the Bombay Stock Exchange (BSE), shares of InterGlobe Aviation slipped around 7.5 per…
By: The Trek News Desk Indian equity markets witnessed a sharp downturn on Friday, with benchmark indices closing more than 1 per cent lower following heavy selling pressure across sectors. Metal, IT, and commodity stocks led the decline, while weak global cues further dampened investor sentiment. The 30-share BSE Sensex dropped 1,048.16 points, or 1.25…
By: The Trek News Desk E-commerce and technology giant Amazon announced on Wednesday that it is laying off 16,000 employees globally, marking the company’s second major round of job cuts within the past three months. The move aims to correct excessive hiring during the COVID-19 pandemic and reshape the organisation in line with its growing…
By: The Trek News Desk The International Monetary Fund (IMF) has revised India’s economic growth projection for the current fiscal year 2025-26 upward to 7.3%, up from its earlier estimate of 6.6%, signalling strong economic momentum in the country. In its January 2026 update of the World Economic Outlook (WEO) released on Monday (January 19,…
By: The Trek News Desk Global inequality is deepening as billionaires continue to amass record levels of wealth while strengthening their influence over politics, media, and digital platforms, according to Oxfam’s latest annual inequality report. The international aid organisation has cautioned that this growing concentration of power is widening the gap between the rich and…
By: The Trek News Desk Amazon, the U.S.-based e-commerce powerhouse, unveiled plans on Wednesday to invest an additional $35 billion (over ₹3.14 lakh crore) in India by 2030 across all its business divisions. The investment will prioritise AI-driven digital transformation, export expansion, and large-scale job creation, marking one of the largest commitments by a global…
By: The Trek News Desk Microsoft CEO Satya Nadella met Prime Minister Narendra Modi on Tuesday and unveiled a massive $17.5 billion investment package aimed at accelerating India’s transition toward an “AI-first future.” The company confirmed that this will be its largest-ever investment in Asia, underscoring India’s rising importance in the global technology landscape. Following…
By: The Trek News Desk China’s export sector posted a stronger-than-expected performance in November, buoyed by a surge in demand from non-US markets. With President Donald Trump’s steep tariffs restricting Chinese access to the American market, exporters have increasingly turned toward Southeast Asia, the European Union and Australia, a strategy that appears to be paying…
By: The Trek News Desk The Reserve Bank of India (RBI) announced a fresh round of monetary easing in its December 2025 policy review, lowering the repo rate by 25 basis points to 5.25%. The decision came at the end of a three-day meeting of the Monetary Policy Committee (MPC) chaired by Governor Sanjay Malhotra.The…
By: The Trek News Desk The Indian rupee continued its downward trajectory on Thursday, touching a fresh record low of 90.43 per US dollar during early trade. Persistent delays in the India–US trade agreement and uninterrupted selling by foreign portfolio investors (FPIs) weighed heavily on market sentiment. Weak Opening Followed by a Sharp Drop The…
