By: The Trek News Desk Indian equity markets surged on Thursday, with both the Nifty and Sensex climbing to fresh all-time highs. The upbeat run was supported by expectations of interest rate cuts in the US and India, stability in the rupee, and optimism about stronger corporate earnings in the latter half of the fiscal…
By: The Trek News Desk The Supreme Court on Tuesday issued notices to the Centre and key investigative agencies over a petition demanding a court-monitored probe into what is being described as potentially “the largest corporate fraud in India’s history.” The allegations concern bank fraud involving Reliance Communications and other companies associated with industrialist Anil…
By: The Trek News Desk In a significant step toward diversifying its energy basket and deepening strategic trade ties with Washington, India has finalised a one-year term contract to import liquefied petroleum gas (LPG) from the United States in 2026. The agreement marks India’s first-ever structured LPG procurement deal with the US, signalling a major…
By: The Trek News Desk Facing the heat of steep 50% U.S. import tariffs that have hit Indian exporters hard, the Union Cabinet on Wednesday cleared a massive ₹25,060 crore Export Promotion Mission (EPM) aimed at boosting outbound shipments and helping small exporters compete globally. The six-year mission, chaired by Prime Minister Narendra Modi, also…
By: The Trek News Desk The historic $1 trillion pay package for Tesla CEO Elon Musk has been officially approved by the company’s shareholders, marking a significant milestone in the tech world. The deal, which is potentially worth a staggering $1 trillion, was passed with 75% of the votes in favour during Tesla’s annual general…
By: The Trek News Desk Indian-origin British industrialist and Chairman of the Hinduja Group, Gopichand Parmanand Hinduja, passed away in London on Tuesday at the age of 85. His death was announced by Lord Rami Ranger, a member of the British House of Lords, who described the loss as marking “the end of an era.”…
By: The Trek News Desk In a record-breaking milestone, Nvidia on Wednesday became the first company in the world to hit a $5 trillion market valuation, cementing its dominance at the heart of the global AI revolution.The achievement comes just three months after the chipmaker crossed the $4 trillion-mark, a pace unmatched in corporate history….
By: The Trek News Desk In a major shake-up within one of India’s most powerful charitable institutions, Mehli Mistry, a long-time confidant of the late Ratan Tata, has been voted out of the Tata Trusts. According to sources, a majority of trustees opposed his reappointment to the boards of both the Sir Dorabji Tata Trust…
By: The Trek News Desk In a major shake-up in the global media landscape, Warner Bros. Discovery (WBD), the parent company of entertainment giants like HBO and CNN, has officially announced that it is open to a complete or partial sale of the company. The decision comes even as WBD continues with its previously announced…
By: The Trek News Desk In an unprecedented financial milestone, Elon Musk has become the first person in history to reach a net worth of $500.1 billion (approx. ₹41 lakh crore), according to Forbes’ real-time Billionaires Index. The surge in Musk’s wealth has been driven by a rebound in Tesla stock and rising valuations of…
