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    Davos: Once health tourism hub, now USA House in church
    CM Fadnavis leaves for Davos to participate in World Economic Forum
    CM Fadnavis, US envoy Gor discuss boosting investments and business ties
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    European Union, Mercosur bloc of South American nations sign landmark free trade agreement
    Pro- and anti-ICE demonstrators face off during Minneapolis immigration crackdown
    Trump says 8 European countries will face 10 per cent tariff for opposing US control of Greenland
    Thousands march in Greenland to support Arctic island in face of Trump's threats to take it over
    IndiGo flight disruptions in Dec: DGCA slaps Rs 22.2-cr penalty on airline, warns CEO Elbers
    Punjab steps up potash exploration to reduce import dependence
    EU, Mercosur bloc sign landmark free trade agreement
    Odisha secures Rs 1 lakh cr investment commitments at Kolkata roadshow
    DGCA slaps Rs 22.2-cr penalty on IndiGo for flight disruptions in December, warns CEO Elbers
    Trump says 8 European countries will be charged 10 pc tariff for opposing US control of Greenland
    AP obtains documents showing Venezuelan leader Delcy Rodriguez has been on DEA's radar for years
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    2 SRS promoters declared fugitive economic offenders in investors 'fraud' case
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January 18, 2026
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Davos historic church serves as USA House for WEF, hosting the US President and global leaders this week.
Davos' Englische Kirche has been repurposed as the USA House for the World Economic Forum annual meeting, hosting the US President and other official delegations. This adaptive reuse of a listed historical monument raises heritage protection and diplomatic premises considerations alongside logistical, security, and municipal resource impacts from hosting over 3,000 global leaders and extensive media and support staff.
January 18, 2026
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Maharashtra CM attends WEF to promote the state as an investment hub and coordinate participation at the India Pavilion.
Maharashtra's chief executive is attending the World Economic Forum in Davos to promote the state's economic agenda and attract investment, presenting the state as a national growth engine. The central government's trade promotion arm participates to advance national investment objectives, and a national industry body serves as the nodal agency coordinating activities at the India Pavilion, where the state booked a slot. The trip follows earlier investment commitments secured through multiple memoranda of understanding with domestic and foreign investors.
January 18, 2026
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Maharashtra-US talks aim to boost investments and support state companies expanding into the US market through partnership initiatives.
Maharashtra and US representatives discussed strengthening economic cooperation to increase foreign investment into the state and to support Maharashtra-based companies expanding into the US, presenting flagship initiatives such as the Navi Mumbai International Education City as potential investment opportunities and agreeing to deepen partnership efforts on investment promotion and market access.
January 18, 2026
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National news schedule: Davos coverage, Responsible Nations Index, infrastructure launches, electoral activity and regional official visits.
National news schedule lists principal national stories-World Economic Forum coverage, Responsible Nations Index release, tourism and election-related party activity-and key public-interest items such as infrastructure inaugurations and public-health updates. Regionally, it compiles state-level official engagements, party events, voter-list verification activity by BLOs, PM and ministerial visits, and local public gatherings for media coverage that day.
January 18, 2026
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EU Mercosur free trade agreement: phased tariff elimination, agricultural quotas, environmental conditions, and pending EU ratification.
The EU and Mercosur signed a free trade agreement providing for the progressive elimination of more than 90% of tariffs via staggered timelines, establishing strict quotas for sensitive agricultural imports, coupling market access with environmental and production-related regulatory conditions, and including subsidy and safeguard measures for affected agricultural sectors; final entry into force is contingent on EU parliamentary ratification while Mercosur ratification faces broad regional support.
January 18, 2026
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Minneapolis immigration crackdown spurred National Guard mobilization, judicial limits on detaining peaceful observers, and contested re-arrest procedures.
Federal immigration enforcement in Minneapolis prompted mobilization of the National Guard to support state patrol duties while remaining staged, amid daily protests over aggressive federal entries and arrests. A federal judge barred officers from detaining or tear-gassing peaceful observers not obstructing operations. The case of Garrison Gibson-subject to an order of supervision-illustrates procedural challenges where a judge found inadequate notice of supervision revocation and ordered his return pending further proceedings.
January 18, 2026
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Tariffs on eight European countries are proposed as leverage over Greenland, citing national security and emergency economic powers.
A presidential announcement imposing a 10 percent tariff (rising to 25 percent if no purchase deal is reached) on imports from eight European countries uses trade measures as leverage over Greenland, invoking potential reliance on emergency economic powers and raising questions about executive authority, applicability against an EU single economic zone, and risks to transatlantic relations and alliance cooperation.
January 18, 2026
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Greenlanders protest threats to sovereignty as US proposes tariffs and discusses acquiring Greenland, asserting self-governance.
Mass protests asserted the island's self-governance and sovereignty in response to a foreign leader's overtures about acquiring the territory, and respondents framed an announced 10% import tax as potential economic coercion intended to punish opposition and influence allied states, highlighting tensions between trade measures and territorial claims.
January 17, 2026
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IndiGo flight disruptions: DGCA levies Rs22.2 crore penalties and orders Rs50 crore bank guarantee linked reform scheme.
DGCA imposed Rs 22.20 crore in penalties on IndiGo for operational failures linked to over optimisation, inadequate preparedness, software deficiencies and shortcomings in management and operational control, and ordered a Rs 50 crore bank guarantee under the IndiGo Systemic Reform Assurance Scheme (ISRAS), with phased release contingent on DGCA verified reforms in leadership and governance, rostering and fatigue risk management, digital systems resilience, and board level oversight.
January 17, 2026
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Punjab accelerates potash exploration to cut import dependence, approving new surveys and 15 drilling sites.
Punjab directed accelerated potash exploration to cut import dependence, reviewing completed G4 stage work in Qabarwala and Shergarh-Dalmirkhera, proposing reconnaissance in Kera-Khera and Saiyadwala, and preliminary exploration in Kandhwala-Ramsra with 15 drilling sites; about 50 square kilometres of the evaporite basin have been identified for detailed geophysical exploration.
January 17, 2026
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EU-Mercosur free trade agreement signed, strengthening commercial ties amid global protectionism and geopolitical and resource competition.
Signature of a free trade agreement between the European Union and the Mercosur bloc concludes protracted negotiations and establishes a legal framework to deepen commercial ties by expanding market access, reducing barriers, and responding to rising global protectionism through codified trade liberalization commitments.
January 17, 2026
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Odisha investment roadshow secures around Rs 1 lakh crore in memoranda of understanding and intent proposals.
Odisha secured around Rs 1 lakh crore in collective investments through a Kolkata investor outreach, yielding 27 Memoranda of Understanding for Rs 81,864 crore and 19 investment intent proposals for Rs 18,453 crore across manufacturing, metals, chemicals, textiles, pharmaceuticals and renewable energy after roughly 130 sector-specific meetings with over 500 business participants.
January 17, 2026
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IndiGo fined Rs22.2 crore and ordered to post Rs50 crore guarantee tied to phased systemic safety reforms and warnings.
The aviation regulator imposed Rs 22.20 crore in one-time financial penalties on IndiGo for failures to implement Flight Duty Time Limitation requirements and related rostering, fatigue management, and operational-control arrangements, and directed a Rs 50 crore bank guarantee under a Systemic Reform Assurance Scheme. The bank guarantee's phased release is contingent on DGCA-verified reforms addressing leadership and governance, manpower planning, rostering and fatigue-risk management, digital systems and operational resilience, and board-level oversight, with independent verification required at each stage.
January 17, 2026
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Tariffs on eight European countries announced: 10% from February, rising to 25% if Greenland sale not secured.
Announcement imposes a 10 per cent import tariff from February on goods from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland, rising to 25 per cent on June 1 unless a deal is reached for the Complete and Total purchase of Greenland, linking tariff escalation to the status of territorial acquisition negotiations.
January 17, 2026
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Delcy Rodri guez is a long-running DEA priority target linked to allegations of drug trafficking and money laundering.
Delcy Rodri guez has been under sustained DEA scrutiny since at least 2018 and was elevated to a priority target in 2022, based on intelligence alleging links to drug trafficking, money laundering via Isla Margarita hotels, gold smuggling, and corrupt government contracting tied to intermediaries like Alex Saab; records show multi-office investigations by the DEA's Special Operations Division, reliance on confidential informants, ongoing inquiries, and that the priority target designation does not itself constitute public criminal charges.
January 17, 2026
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Greenland faces US threats of takeover and tariffs; Denmark affirms sovereignty and increases military and diplomatic measures.
Threats by the US President to assert control over Greenland and to impose tariffs on allies prompted political and security responses emphasizing sovereignty and alliance obligations. Denmark increased military presence, planned NATO Arctic training, and cited Danish rules of engagement to deter unilateral action. Meetings between Danish, Greenlandic and US officials agreed to form a working group, while congressional statements urged de escalation and affirmed that decisions on Greenland's status are for Denmark and Greenland alone.
January 17, 2026
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SRS promoters declared fugitive economic offenders; assets to be subject to confiscation under the Fugitive Economic Offenders Act.
Two promoters and directors of an SRS real estate group were declared Fugitive Economic Offenders under section 12(1) of the Fugitive Economic Offenders Act, 2018 after failing to appear despite service of summonses under section 10; Interpol red notices were issued and the Enforcement Directorate will move to confiscate their assets. The declaration arises from allegations of investor fraud and money laundering involving funds routed through numerous shell companies, multiple FIRs, and a prior ED chargesheet and court framing of charges against several promoters, executives and companies.
January 17, 2026
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IndiGo fined Rs22.2 crore; regulator also demanded Rs50 crore bank guarantee after widespread flight cancellations.
DGCA imposed a Rs 22.20 crore penalty on IndiGo for December flight cancellations caused by inadequate preparation to implement new flight duty norms, warned the airline chief and two senior executives, required a Rs 50 crore bank guarantee to ensure compliance and systemic correction, and relied on a four member committee report assessing the disruptions.
January 17, 2026
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SRS Group investor fraud led to two executives declared fugitive economic offenders and assets targeted for confiscation.
Two SRS Group executives were declared Fugitive Economic Offenders under section 12(1) of the Fugitive Economic Offenders Act after failing to appear under summons pursuant to section 10; the designation follows allegations of investor and homebuyer fraud of about Rs 2,200 crore and related money laundering through shell companies, and enables the Enforcement Directorate to move to confiscate the accused's assets under the Act.
January 17, 2026
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High Seas Treaty requires countries to create Marine Protected Areas, conduct environmental impact assessments, and build capacity.
The High Seas Treaty establishes a binding framework to create Marine Protected Areas on the high seas and imposes immediate obligations: states must cooperate on ocean science and technology, support developing states through capacity-building, require companies to perform environmental impact assessments for activities that could harm marine life, and notify and share research on commercially relevant ocean organisms; states must also promote the treaty's conservation goals in other international fora.

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India-Germany partnership: Infineon and NIELIT collaborate to strengthen India's semiconductor ecosystem and talent pool

January 14, 2026

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• Infineon and the National Institute of Electronics & Information Technology (NIELIT) announced Memorandum of Understanding (MoU) during the first official visit of the German Chancellor Friedrich Merz in India.

• Cooperation will strengthen the semiconductor ecosystem with the commitment to skills and talent development in India.

AHMEDABAD, India and NEW DELHI , Jan. 14, 2026 /PRNewswire/ -- Infineon Technologies AG (FSE: IFX) (OTCQX: IFNNY) and the National Institute of Electronics & Information Technology (NIELIT) announced a Memorandum of Understanding (MoU) in Ahmedabad. It was witnessed by Hon'ble Prime Minister Shri Narendra Modi and German Chancellor H.E. Mr. Friedrich Merz. Jochen Hanebeck, CEO of Infineon, joined the German business delegation accompanying the Chancellor during his first official visit to India.

The MoU establishes a comprehensive framework for semiconductor skilling and workforce development in India. Under the partnership, Infineon will collaborate with NIELIT – an autonomous body under the Ministry of Electronics and Information Technology (MeitY) – to develop training programs in semiconductor assembly, test and packaging, including curriculum enrichment, expert seminars, "train the trainer" programmes, and equipment donation for hands-on practical training.

"India is one of the world's most dynamic economies, and its ambition to build a vibrant semiconductor ecosystem aligns perfectly with Infineon's expertise in power systems and IoT," says Jochen Hanebeck, CEO of Infineon. "Our partnership with NIELIT reflects our deep commitment to India – not just as a market, but as a strategic innovation and R&D hub. By investing in talent development and knowledge transfer, we are helping build the skilled workforce that will power India's semiconductor future and support the vision of Viksit Bharat 2047." Prof. M.M. Tripathi, Director General of NIELIT, highlighted the advantages of the cooperation: "This partnership with Infineon represents a significant milestone for India's semiconductor ecosystem development. By combining NIELIT's nationwide training infrastructure with Infineon's global expertise in semiconductor manufacturing, we will create world-class skilling programmes that prepare our youth for careers in this critical sector. This collaboration directly supports India's goal of becoming self-reliant in semiconductors." On the sidelines of the visit, Infineon hosted a two-day workshop titled "Semiconductors – A Key Enabler for Viksit Bharat 2047: From Vision to Reality" in collaboration with Ministry of Electronics and Information Technology (MeitY) in New Delhi from 12-13 January 2026. The workshop brought together global semiconductor experts, government officials and leaders to exchange knowledge on building a globally competitive semiconductor ecosystem in India.

During his address, Dr. M. M. Tripathi, Director General of NIELIT, highlighted the key partnership between NIELIT and Infineon to strengthen innovation and skill development in the semiconductor and embedded systems sectors. He emphasized the need for industry-aligned training, hands-on learning, and collaborative research to build a future-ready talent pool. The partnership, he noted, is a significant step towards supporting India's semiconductor ecosystem and advancing the vision of a self-reliant, technology-driven nation.

Infineon is deeply committed to India's growth as a global innovation hub and strategic market, with over 25 years of presence in the country. Through strategic investments, like the upcoming high-tech Bengaluru campus set to be completed by 2026, and partnerships with local startups and SMEs, Infineon is fostering localized innovation and empowering sectors such as e-mobility, IoT, and renewable energy. During the official visit of the German Chancellor, Prime Minister Modi welcomed the opening of Infineon's Global Capability Centre (GCC) in GIFT City, Gujarat in 2025. The GCC has since grown to over 150 employees and continues to expand.

About Infineon Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 57,000 employees worldwide (end of September 2025) and generated revenue of about €14.7 billion in the 2025 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

- Picture is available at AP – Further information is available at www.infineon.com About NIELIT The National Institute of Electronics & Information Technology (NIELIT), an autonomous scientific society of the Ministry of Electronics and Information Technology (MeitY), Government of India, has been a pioneer in skill development and digital empowerment.

With its extensive presence through 56 NIELIT centers, over 750 accredited institutions, and more than 9,000 facilitation centers, NIELIT has skilled and certified millions of students in emerging technologies within the E&ICT domain.

NIELIT has been conferred the status of "Deemed to be University" under the distinct category by the Ministry of Education having its main campus at Ropar (Punjab) and eleven constituent campuses located in Aizawl, Agartala, Aurangabad, Calicut, Gorakhpur, Imphal, Itanagar, Ajmer (Kekri), Kohima, Patna, and Srinagar, aims to revolutionize higher education in E&ICT domain using digital technologies.

NIELIT plays a pivotal role in strengthening India's semiconductor skilling ecosystem by creating industry-aligned, future-focused training pathways. With a strong emphasis on VLSI, embedded systems, and semiconductor design, NIELIT is equipping youth with advanced technical competencies required by the global semiconductor industry. Recently, NIELIT launched the NIELIT Digital University Platform, which aims to expand access to high-quality digital and emerging technology education across the country. NIELIT also has a state-of-the-art SMART Lab at NIELIT Calicut under the Chips to Startup (C2S) Programme, dedicated to hands-on training and capacity building in VLSI and embedded systems.

Media contact: Lokesh Dhamija E-Mail: [email protected] (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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