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…
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.”…
