Daily trending news …
The Indian government refuted social media claims that the Union Budget 2026-27 was leaked on Telegram, stating the circulating images are fake. The Press Information Bureau (PIB) clarified that one image is from the previous year’s budget with the year digitally edited, while another is entirely fabricated and not from any official document.
Confident Group Chairman CJ Roy was found dead at his Bengaluru residence on January 30 during an official raid, triggering widespread speculation. While early reports suggested suicide, police have not confirmed the cause of death and are awaiting post-mortem findings.
US stock markets declined as technology shares weakened despite investor confidence in Kevin Warsh’s appointment as Federal Reserve Chair. The S&P 500, Nasdaq and Dow slipped amid rising Treasury yields and stronger-than-expected inflation data. Gold and silver futures dropped sharply, signalling improved risk sentiment.
After reaching record high gold and silver rates today plunged. As investors flocked to book profit and US federal bank did not cut the interest rates, the global markets see huge price reduction that is reflecting in Indian market as well.
Amazon has reportedly laid off over 500 employees in India as part of its global restructuring plan impacting more than 16,000 workers worldwide. The layoffs primarily affected tech and HR teams, especially software development roles. The move reflects broader industry shifts driven by cost optimization and AI-led automation.
Maharashtra is observing state mourning following the tragic death of Deputy Chief Minister Ajit Pawar in a plane crash near Baramati. The veteran NCP leader died along with others when the aircraft crashed during an emergency landing attempt. Leaders across India, including top state and national figures, are expected to attend the funeral with full state honours. Public holidays, institutional c
The US Federal Reserve kept interest rates unchanged, choosing caution as it evaluates easing inflation and a still-tight labour market. Despite repeated calls from President Donald Trump for sharp rate cuts, the Fed maintained its benchmark rate within the expected range, reinforcing its policy independence. Chair Jerome Powell’s stance reflects concerns over persistent inflation, political press
The S&P 500 surged past the historic 7,000 mark, powered by strong optimism around artificial intelligence, Big Tech earnings, and expectations of easier US monetary policy. Rapid index gains highlight rising investor confidence despite past tariff-driven volatility. With technology stocks dominating the rally and interest rate cuts in focus, global capital flows are shifting—raising questions abo
Amazon has announced the layoff of 16,000 employees in its second major workforce reduction in three months, as the tech giant restructures to stay competitive in the AI race. The company aims to remove bureaucracy, speed up decision-making, and operate more efficiently. While job cuts impact nearly nine percent of corporate staff, Amazon said hiring will continue in strategic roles critical to it
Ajit Pawar, Maharashtra’s Deputy Chief Minister and a key NCP figure known as “dada,” died in a plane crash near Baramati on January 28, 2026. Groomed under uncle Sharad Pawar, he rose through strategic alliances, administrative expertise in finance and infrastructure, and bold moves.
