Daily trending news …
India’s UDAN scheme sought to link remote towns via affordable regional flights, but many small airports now sit idle despite massive government spending on construction and upkeep—hundreds of crores down the drain due to low passenger demand, unprofitable routes, and high maintenance costs, leaving infrastructure unused and ambitions unmet.
Indian gold exchange-traded funds attracted a record $1.25 billion in net inflows during December 2025, up 231% from November’s $379 million, marking the seventh straight month of gains and ranking second globally after the US
India is pushing auto-parts makers to match Apple’s high quality, shifting from cheap to top-tie engineering. This aims to integrate Indian components into US, Japanese, and European global supply chains.
US President Trump has green signal a bill proposing a 500% tariff on countries buying Russian oil, including India. This red signal caused export-heavy stocks like Gokaldas and Avanti Feeds to crash up to 13%.
The Indian stock market faced a fourth consecutive session of declines as foreign institutional investors sold heavily, oil prices rose, and US-India trade concerns persisted. Both Sensex and Nifty tracked losses across sectors, with energy and metal names hardest hit, reflecting broader global headwinds and domestic uncertainty.
Venezuela’s Nicolas Maduro secretly converted gold reserves and oil revenues into a $60 billion Bitcoin hoard to evade U.S. sanctions, using anonymous wallets and seized mining gear since 2018 says report.
Rumors of Microsoft planning 11,000 to 22,000 layoffs in January 2026, targeting Azure, Xbox, and sales teams due to AI investment costs, spread rapidly across social media. Originating from a TipRanks report, the claims caused employee anxiety amid recent restructurings. However, Microsoft’s chief communications officer Frank X. Shaw firmly rejected them as completely fabricated and speculative.
The US Supreme Court is set to deliver rulings on Friday, January 9, 2026, including the legality of President Trump’s extensive global tariffs imposed under the 1977 IEEPA law. If declared unlawful, the administration may refund over $133.5 billion to importers. A separate bipartisan bill threatens 500% duties on Russian imports, potentially targeting nations like India, China, and Brazil buying
Following the US capture of Nicolas Maduro, President Donald Trump revealed that Venezuela’s interim authorities will deliver 30-50 million barrels of high-quality sanctioned crude to America. The oil will be sold at market rates, with proceeds managed by the US to aid citizens of both nations. Energy Secretary Chris Wright is tasked with immediate execution via storage ships. The news triggered a
From January 1, the gold rate has increased 430rs per gram and more than 3000rs per sovereign. US government military action against the Venezuela and the follow up events are the reason behind this surge.
