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January 13, 2026
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Income tax collections rose about 8.8% to Rs. 18.38 lakh crore, driven by higher corporate receipts and slower refunds.
Net Direct Tax Collection rose about 8.82% to over Rs 18.38 lakh crore year to date through January 11, driven by slower refunds and stronger corporate tax mop up; net corporate tax receipts grew 12.4% to over Rs 8.63 lakh crore and taxes from non corporates rose 6.39% to about Rs 9.30 lakh crore.
January 13, 2026
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US tariffs on countries trading with Iran may disrupt global trade; China warns retaliation and visa revocations reported.
The United States announced a 25% tariff on imports from any country trading with Iran, a trade restrictive measure prompting warnings of countermeasures from China and concern for major partners such as India and the UAE; related reports noted large scale US visa revocations and intensified UK enforcement against illegal working, framing the tariff within broader immigration, security, and supply chain resilience concerns.
January 13, 2026
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Reduction in import duty on New Zealand apples risks local growers; Himachal CM will press central government for protective measures.
The Chief Minister will press the Union finance and commerce ministries to protect local growers from tariff reductions in recent trade negotiations that reduce apple duties from 50% to 25%, set pears at 16.5% and kiwis at zero, arguing these tariff reductions under the Free Trade Agreement will allow cheaper imports to flood the market and threaten livelihoods, and growers may pursue coordinated marches and political measures if exclusions or remedies are not secured.
January 13, 2026
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Industry-state MoU to promote investment, facilitate investors, and structure industry-government engagement for ease of doing business.
A Memorandum of Understanding creates a two-year framework for industry-state cooperation to promote the jurisdiction as an investment destination, facilitate investor interactions, organise reciprocal business and ministerial delegations, and provide structured industry-government engagement on regulatory processes, infrastructure and ease of doing business initiatives.
January 13, 2026
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World Economic Forum annual meeting draws global leaders including US President Trump and a large India delegation.
The World Economic Forum Annual Meeting in Davos will gather an extensive cohort of global political and business leaders, led by US President Donald Trump and a strong Indian delegation. At least 64 heads of state or government and major G 7 representation are expected. The agenda prioritises geopolitical and economic issues-specifically Ukraine, Gaza and Latin America-with participation from numerous foreign, finance and trade ministers, a large bipartisan US delegation, and notable technology sector leadership.
January 13, 2026
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Natural farming data to be linked with Him Parivar Portal by Jan 20 to create a block-level database.
The Chief Minister directed the Agriculture Department to link detailed data of farmers practising natural farming with the Him Parivar Portal by January 20, 2026, to create a block-level database. The government reviewed procurement and DBT disbursements for naturally grown maize, wheat and raw turmeric, instructed clear display of expiry dates and nutritional information on branded flour and turmeric packaging, and ordered formation of a special unit to assess nutritional content; a support price of Rs 90 per kg for naturally grown raw turmeric was noted.
January 13, 2026
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Fight against Naxalism advances with a mission-mode three-year Bastar development plan prioritising infrastructure and public services.
The government states the campaign against Naxalism is in a decisive phase and mandates a mission-mode, three-year action plan for Bastar focused on preventing ideological resurgence by coordinating all departments, conducting regular reviews, and strengthening public trust through dialogue and accelerated development. Key operational priorities include expansion of education, healthcare, employment, roads, drinking water (including fluoride-affected area solutions), electrification, communications, full Aadhaar coverage for children, and tourism-linked livelihoods under Swadesh Darshan.
January 13, 2026
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Democratic structure and people's voice are under attack, institutions threatened, alleges political leader, calling for youth to defend pluralism.
Alleges the nation's democratic structure and the people's voice are under attack by those running the central government, with institutions including the Election Commission threatened; urges youth to be brave and question attempts to silence dissent, insists on respect for linguistic, cultural and religious pluralism and condemns targeting individuals for language or religion.
January 13, 2026
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US 25% tariff on countries trading with Iran risks China's cheap oil imports and prompts retaliation threats.
The 25% tariff on countries trading with Iran is a unilateral trade measure with extraterritorial effect that China says threatens its lower cost oil imports and outbound investments, prompting warnings of countermeasures and a strategic reassessment of energy procurement, investment protection and trade relations.
January 13, 2026
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Vande Bharat Sleeper will impose a 400 km minimum fare and issue only confirmed tickets, with digital payment refunds.
The circular fixes flat fares for journeys up to 400 km (AC 1: Rs 1,520; AC 2: Rs 1,240; AC 3: Rs 960) and per kilometre charges beyond 400 km (AC 1: Rs 3.20; AC 2: Rs 3.10; AC 3: Rs 2.40), with GST levied separately and a minimum chargeable distance of 400 km. Only confirmed tickets will be issued; RAC, waitlist and partial confirmations are disallowed. Reservation quotas are limited to Ladies, PwD, Senior Citizens and Duty Pass. Lower-berth allocation is prioritized for children without separate berths and older passengers as specified. Digital payments are required to enable refund initiation within 24 hours, with window purchases to prefer digital payment.
January 13, 2026
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Profiling of mosques and madrassas seeks detailed financial, identity and digital data, raising religious freedom and privacy concerns.
Authorities have initiated a profiling exercise of mosques, madrassas and associated personnel to build a database focused on financial disclosures, sectarian affiliation, governance details and any past alleged terrorist involvement. The proforma requires extensive personal and digital identifiers-Aadhaar, bank and property details, passport and travel history, SIM and IMEI data, and social media handles-framed by officials as a risk-assessment after suspected radicalisation links; political and religious bodies contend the exercise infringes freedom of religion and the right to privacy.
January 13, 2026
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Raw jute seizures under control order aim to secure equitable supply, but industry warns of tighter availability and delays.
Approximately 10,000 quintals of raw jute were seized under the Jute and Jute Textiles Control Order, 2016 for exceeding statutory stock limits; complaints were lodged with enforcement authorities and seizure reports forwarded to district magistrates empowered to confiscate, with the regulatory aim of ensuring equitable supply to mills and protecting workers' livelihoods.
January 13, 2026
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US 25% tariff on countries trading with Iran may not affect Russia but could trigger wider trade tensions.
The United States has imposed a 25 per cent tariff on any country doing business with Iran, effective immediately, as an economic coercive measure to pressure Iran by penalising its trade partners. A Russian economist says Russia will be largely unaffected due to negligible US-Russia trade, while major partners such as China, India and the UAE may face increased costs, reduced direct supplies, and rerouting of trade through third countries, potentially fuelling renewed trade tensions.
January 13, 2026
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Quick commerce platforms removed the 10 minute delivery promise after labour ministry intervention to protect gig worker safety and conditions.
The Union Labour Ministry persuaded a major quick commerce operator to remove the "10 minute delivery" promise from its branding to prioritise safety and working conditions for delivery workers, addressing concerns that time bound consumer guarantees and algorithmic targets create harmful pressure. Worker industrial action and union complaints alleging risks to health, safety and income prompted regulatory engagement and calls for stakeholder adoption of worker centred systems; other platforms are likely to follow, while industry representatives contend the consumer promise does not translate into app timers for riders.
January 13, 2026
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Adoption of chain-based IIP methodology proposed, inviting stakeholder comments on annual weight updating and methodology.
The Ministry proposes adopting a chain-based method for compiling the Index of Industrial Production to allow annual updating of sector and industry weights, improving accuracy as production structures change; MoSPI invites comments from stakeholders on Discussion Paper 2.0 setting out the proposed chain-linking methodology and data source revisions.
January 13, 2026
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PFRDA outreach to MSMEs promotes NPS enrollment for retirement security and financial inclusion of employees.
PFRDA promoted the National Pension System to MSMEs at the Vibrant Gujarat Regional Conference, emphasizing NPS attributes-cost-effectiveness, flexible contributions, tax efficiency, portability, no minimum employee threshold-and recent reforms such as higher equity exposure, greater withdrawal flexibility, raised maximum account age, and NPS Vatsalya. Through PwC and PoP representatives and an exhibition stall, PFRDA explained the NPS Corporate Sector Model that allows employers to provide structured old age social security with combined employer and employee contributions and supported on site awareness and enrolment efforts.
January 13, 2026
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PFRDA expert committee to design assured payouts under the National Pension System, covering guarantees, operational terms, risk and disclosures.
PFRDA has formed a 15-member expert committee to design regulations enabling assured payouts under the National Pension System, focusing on market-based legal mechanisms for guarantees, operational terms for decumulation (lock-in, withdrawals, pricing, fees), capital and solvency risk requirements, tax treatment preserving NPS membership, and standardized disclosures to prevent mis-selling.
January 13, 2026
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RBI invites comments on clarifying Tier 1 capital computation and applicability of concentration norms; submissions due Jan 28, 2026.
RBI proposes amendments clarifying computation of Owned Fund / Tier 1 Capital for NBFCs and ARCs and the applicability of Credit / Investment Concentration norms, modifying multiple 2025 master directions, and invites stakeholder feedback by January 28, 2026 via the 'Connect 2 Regulate' portal or by post/email to the Chief General Manager, Balance Sheet Group, Department of Regulation.
January 13, 2026
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Pongal fete at Dr. MGR Janaki College celebrates rural traditions with student dances, stalls and communal Pongal offering.
Pongal fete at Dr. MGR Janaki College for Women recreated a village marketplace and harvest celebration with over 4,000 students performing regional folk dances and running stalls selling traditional foods and crafts; the event culminated in communal Pongal cooking and offering as an act of thanksgiving and was presented as a cultural preservation initiative by college leadership.
January 13, 2026
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Silver and gold reach record highs in Delhi amid safe-haven buying and geopolitical uncertainty, fueling investor demand.
Silver reached Rs 2,71,000 per kilogram and gold Rs 1,45,000 per 10 grams in Delhi as stockist buying and safe-haven demand driven by geopolitical tensions and technical strength propelled multi-session gains; participants are watching U.S. economic data and dollar movements for near-term bullion direction.

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Hundreds more Venezuelans come forward to register relatives 'political prisoners'

January 13, 2026

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Guanare (Venezuela), Jan 13 (AP) Freedom came too late for Edilson Torres.

The police officer was set to be buried Tuesday in his humble, rural hometown following his death in a Venezuelan prison, where he was held incommunicado since his December detention on what his family said were politically motivated accusations.

Hours ahead of the ceremony, his children, neighbours, police officers, friends and dozens others gathered to pay their respects.

Torres, 51, died of a heart attack on Saturday, just as his family awaited the government's promised release of prisoners following the US capture of then-President Nicolás Maduro. His death comes as scores of families like his — who once hesitated to approach advocacy groups — are now coming forward to register their loved ones as “political prisoners.” Alfredo Romero, director of the organisation Foro Penal, a non-governmental organisation that tracks and advocates for Venezuelan prisoners, said the group has received a “flood of messages” since last week from families.

“They didn't report it out of fear, and now they're doing it because, in a way, they feel that there is this possibility that their families will be freed,” Romero said. “They see it as hope, but more importantly, as an opportunity.” The head of Venezuela's national assembly, Jorge Rodríguez, said last week that a “significant number" of Venezuelan and foreigners imprisoned in the country would be released as a gesture to “seek peace" following the explosions that rocked the South American nation in the early hours of January 3.

The US and Venezuela's opposition have long demanded the widespread release of detained opposition figures, activists and journalists, whom they claim are used as a political tool by the ruling party.

Venezuela's government denies that there are prisoners unjustly detained, accusing them of plotting to destabilise Maduro's government.

'Pure and real kidnapping' ----------------------------- Following Torres' death, Venezuela's Attorney General Tarek William Saab said in a statement that the case had been assigned to a terrorism unit and “was linked to criminal activities detected by state security agencies.” He did not offer any details, but the vague language tracks with past accusations levelled against real or perceived government critics.

Romero explained that of the roughly 300 families who reached out, about 100 cases so far have been confirmed as politically motivated. Most of those reported over the past few days, he said, once worked for Venezuela's military. That is on top of more than 800 people that the organisation says continue to be detained for political reasons in Venezuela.

As of Tuesday morning, Foro Penal had confirmed the release of 56 prisoners. While Venezuela's government reported a higher figure of 116, it did not identify them, making it impossible to determine whether those freed were behind bars for political or other reasons.

“My little brother, my little brother,” Emelyn Torres said between sobs after his casket, cloaked in Venezuela's flag, arrived at her home for the wake. A few feet away, their grandmother nearly fainted as dozens of people crammed into the living room to pay their respects.

Hours earlier, as a minivan transported the body of her brother 267 miles (430 kilometers) from the capital, Caracas, to Guanare, Torres learned that other men linked to the WhatsApp group that led to her brother's arrest had just been released from prison. She wailed. He did not live long enough to walk free.

Among those who have been released are: human rights attorney Rocío San Miguel, who immediately relocated to Spain; Biagio Pilieri, an opposition leader who was part of Nobel Peace Prize winner María Corina Machado's 2024 presidential campaign; and Enrique Márquez, a former electoral authority and presidential candidate.

Italian businessman Marco Burlò, who was released from prison Monday, told reporters outside an international airport in Rome Tuesday that he was kept isolated throughout his detention, which he characterized as a “pure and real kidnapping.” “I can't say that I was physically abused, but without being able to talk to our children, without the right to defense, without being able to speak to the lawyer, completely isolated, here they thought that I might have died," he said.

A rare moment of hope --------------------------- The small set of releases over the past few days continues to fuel criticisms by families, human rights watchdogs at the United Nations and US politicians, who have accused the government of not following through on their word of a wider release.

But the rapid political shifts in the Latin American nation and the distant possibility of release simultaneously marked a rare moment of hope for many families who have spent years wondering if their loved ones would ever be freed.

Part of the reason that Romero said he believed so many people had not come forward is the government's ongoing crackdown on dissent since Venezuela's tumultuous 2024 election, which Maduro claimed to have won despite ample credible evidence to the contrary.

As mass street protests broke out, authorities said they detained more than 2,000 people. In the month after July elections, Venezuela's government passed a law – dubbed the “anti-NGO law” by critics – making it easier for the government to criminalise human rights groups.

That had a chilling effect, Romero said, making families hesitant to come forward — until now. (AP) GSP

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