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    KORA by Nilesh Mitesh Opens Its Third Store in Tamil Nadu at Anna Nagar, Chennai
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January 15, 2026
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KORA opens a 4,200 sq ft Anna Nagar store in Chennai offering luxury men's ethnic wear, bespoke tailoring, and styling services.
KORA by Nilesh Mitesh opened a 4,200 sq ft flagship store in Anna Nagar, Chennai, extending its presence after Nungambakkam and Coimbatore. The store provides dedicated traditional and fusion sections, bespoke wedding collections, made-to-measure tailoring, and personalized styling consultations, emphasizing veshti sets, sherwanis, pancha-kurta combinations, festive silk kurtas, and indo-western ensembles crafted with premium fabrics and intricate handwork. Appointment-based services, launch-week previews, and special offers accompany the opening.
January 15, 2026
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FDDI Foundation Day launches Vision 2030 and an Industry Membership Programme to boost skills, innovation and sustainability.
FDDI, an Institution of National Importance, unveiled Vision 2030 focused on innovation-led education, sustainability, entrepreneurship and global competitiveness, and launched an Industry Membership Programme alongside Memoranda of Understanding to institutionalise collaboration in education, research, skilling and technology transfer, aligning workforce development and industry-academia engagement.
January 15, 2026
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GST fraud: bogus invoices used to claim ineligible input tax credit, arrests made and investigation ongoing.
Fraudulent availment of ineligible Input Tax Credit of about Rs.8.52 crore through bogus invoices of about Rs.199.90 crore was uncovered; searches showed closed or non existent business premises and statements attributed false ITC claims to a proprietor and his father, both arrested as direct beneficiaries, remanded to judicial custody, and subject to ongoing investigation to trace funds and additional beneficiaries under the CGST legal framework.
January 15, 2026
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India-EU free trade agreement to be sealed at the summit, paired with a strategic agenda and defence cooperation.
Expected India-EU free trade agreement to be finalised at the India-EU Summit on January 27 to deepen bilateral trade ties, accompanied by a new strategic agenda and a defence framework pact identifying five priority domains and expanded cooperation on maritime security, cyber defence, counterterrorism, regional connectivity initiatives including the India-Middle East-Europe Economic Corridor, Global Gateway alignment, and trilateral engagement with third partners.
January 15, 2026
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Iranian airspace closure forces airlines to cancel and reroute international flights, causing delays and higher operational costs.
Closure of Iranian airspace forced Indian carriers to cancel or reroute international flights, affecting Air India services to the US and Europe and IndiGo services to CIS countries, Europe, and Turkey; alternative routing over Iraq increases sector length, fuel consumption, and operating costs, and in some cases prevents continuation of planned nonstop services, prompting airline advisories, cancellations, and operational incidents on affected flights.
January 15, 2026
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I-PAC raid raises scrutiny over alleged interference with central probe; FIR stayed and CCTV secured.
The ED alleges obstruction of its raids at a political consultancy, removal of evidence, and seeks a CBI probe into interference by state agencies. The court described the allegation as very serious, stayed the FIR against ED officers, ordered preservation of CCTV footage, and issued notices to the chief minister, state government, DGP and senior police to respond to the petition.
January 15, 2026
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World markets mixed; oil fell after a political remark; antitrust probe opened and margin requirements raised.
World markets were mixed and oil fell nearly $3 a barrel after a US political leader said executions in Iran had stopped; US futures rose modestly. Asian moves included technology stock weakness, a Beijing-initiated antitrust investigation into a Chinese online travel platform, and Chinese regulators raising minimum margin requirements. Corporate factors included an increased buyout offer for Toyota Industries and a planned significant capital spending increase by a major chipmaker.
January 15, 2026
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Book From Startups to Success offers founders a practical roadmap for building sustainable, values-driven businesses.
Manu Patolia's From Startups to Success provides a practitioner's roadmap covering planning, execution, leadership, funding, systems, team building, sustainable growth, and exit planning. The book pairs actionable frameworks with decades of operational experience and stresses disciplined processes, long term thinking, and integrity as foundational principles for building durable, scalable enterprises.
January 15, 2026
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IIM Ahmedabad BPGP admissions open for 2026-28: blended 80% online/20% campus, professional experience and aptitude test required.
IIM Ahmedabad's two-year BPGP for working professionals combines 80% live online instruction with 20% week-long campus immersions, employs case-method pedagogy and experiential components, and assesses candidates on academic background, professional experience, purpose, an aptitude test and readiness to contribute; applications for the 2026-28 cohort are open with a stated deadline and published contact and application portal details.
January 15, 2026
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Exports rise 1.87% in December 2025; imports climb, widening the trade deficit and lifting the nine month merchandise gap.
Merchandise exports rose 1.87% to USD 38.5 billion in December 2025 while imports increased 8.7% to USD 63.55 billion, widening the monthly trade deficit to USD 25.04 billion; cumulatively (April-December) exports grew modestly and imports grew faster, producing a nine month trade deficit of USD 248.32 billion, with engineering, electronics, marine and pharmaceuticals cited as main export drivers and a government projection that goods and services exports may exceed USD 850 billion this fiscal year.
January 15, 2026
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Coke Studio Bharat LIVE staged multi-city concerts highlighting regional artists, fan participation, curated food and on-site recycling.
Coke Studio Bharat LIVE staged inaugural live activations in New Delhi and Guwahati combining music, food and sports to extend a screen-based platform into on-ground cultural events. Programming emphasized regional representation and artist collaborations, included exclusive previews and selected fan participation, and used social and on-ground selection mechanisms to invite fans on stage and into backstage sessions. Event operations incorporated a waste-management protocol under the #MaidaanSaaf initiative with staffed recycling stations, trained volunteers and guided waste segregation to support responsible large-scale public celebrations.
January 15, 2026
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Hong Kong Lunar New Year Night Parade Feb 17 features international floats, Tsim Sha Tsui route and citywide festivities.
The Hong Kong Tourism Board, a government subvented body, is promoting a Cathay International Chinese New Year Night Parade beginning the first day of Lunar New Year at 8 PM along a defined Tsim Sha Tsui route, with sponsored themed floats, international performers, pre parade street parties, extended float displays at a sports park, citywide fairs in the lead up to the holiday, a separate raceday, and a well wishing festival, indicating the Board's role in coordinating large public cultural events and visitor services.
January 15, 2026
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Digital arrest fraud: impersonation and coercion led to Rs 2.19 crore extorted using mule accounts and layered transfers.
An interstate syndicate impersonated police and government officials and used staged institutional trappings and continuous WhatsApp video surveillance to coerce a 78 year old into transferring Rs 2.19 crore into multiple bank accounts; the group employed layered transfers, mule accounts, and international virtual numbers to evade detection, and forensic tracing of digital footprints led to arrests and recovery of phones, cards, cheque books, rubber stamps, and Aadhaar copies.
January 15, 2026
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Stage production Lovable Rascal reunites AGP World and Mahesh Manjrekar; performances 26 Jan and 28 Feb, tickets on BookMyShow.
AGP World and Mahesh Manjrekar present Lovable Rascal, a Hinglish adaptation of the Marathi play Filter Coffee that reimagines the original's emotional core for an English speaking audience. The production, conceived over five years, features a compact ensemble led by Anusha Dandekar and Sumedh Mudgalkar, emphasizes premium production values, and stages exclusive performances on 26 January 2026 (Nehru Centre Auditorium, Mumbai) and 28 February 2026 (Tata Theatre, NCPA, Mumbai); tickets available on BookMyShow.
January 15, 2026
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HarperCollins India launches Read for Pleasure urging a 30 minute daily reading habit with schools, charities, and workplaces.
HarperCollins India launched Read for Pleasure, a year-long campaign urging a 30 minute daily reading habit across ages and languages, combining on ground and digital initiatives, school pledges, charitable partnerships to improve Access to Books, corporate reading clubs, and an internal monthly Read for Pleasure Hour to promote inclusive, lifelong reading.
January 15, 2026
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Nishad Party's Sankalp Diwas rally stressed unity, community empowerment, and coordinated NDA mobilisation in Uttar Pradesh.
Dr Abhishek Verma addressed the Nishad Party's 13th Sankalp Diwas rally, attended by senior NDA leaders and over 6,000 supporters, highlighting the Nishad community's political mobilisation and the alliance's coordinated strategy in Uttar Pradesh focused on constitutional dignity, social justice, cultural identity, and inclusive development through grassroots empowerment of traditional communities.
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BGMI 4.2 introduces Primewood Genesis, branded collaborations, India-focused seasonal exchanges, and a new half-year ranked cycle system.
Primewood Genesis establishes a persistent fantasy-driven theme mode using a Global World Tree progress bar and a central Primewood Heart to unlock abilities and drive environmental and gameplay changes through collective player participation; the update also integrates branded collaborations and India-focused seasonal exchanges that grant permanent rewards and event-specific assets, while a new Ranked Cycle System creates a half-year framework with three-season resets, stricter promotion criteria, cycle-based currency and tailored reward structures to align competitive progression with sustained performance.
January 15, 2026
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Air India A350 engine damaged after ingesting cargo container during taxi; aircraft grounded and investigation underway.
An Air India A350 ingested a cargo container while taxiing in dense fog after returning due to an airspace closure, causing significant right engine damage; the aircraft has been grounded for a formal investigation and the airline is offering alternative travel arrangements and refunds to affected passengers.
January 15, 2026
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Goa taxi aggregator guidelines require Goa-registered taxis and PSV badges and full government fares paid to drivers.
The draft requires that only taxis registered in Goa with valid permits and drivers holding Goa-issued PSV badges may operate on aggregator platforms, and that aggregators must pay the full government-notified fare to drivers without deducting commission; it also provides incentives including insurance premium reimbursement and a one-time Rs 1 lakh grant for female owner-cum-drivers to purchase electric taxis.
January 15, 2026
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Police collect CCTV footage of ED office after assault complaint; CCTV under scrutiny and security boosted.
Police collected and are scrutinising CCTV footage from the Enforcement Directorate's Ranchi regional office after a former employee alleged he was assaulted during ED interrogation; a DSP-led team obtained the recordings, CISF personnel were deployed to boost security, and local police have not issued an official statement while the investigation continues.

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Customs & Trade

Exports rise 1.87 pc in December 2025; trade deficit widens marginally

January 15, 2026

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New Delhi, Jan 15 (PTI) The country's exports rose 1.87 per cent to USD 38.5 billion in December 2025 despite global economic uncertainties, though an increase in imports led to a marginal widening of the trade deficit to USD 25 billion.

Imports rose by 8.7 per cent to USD 63.55 billion during the month under review, according to government data released on Thursday.

Trade deficit, difference between imports and exports, stood at USD 25.04 billion in December 2025 as against USD 24.53 billion in November last year and USD 22 billion in December 2024.

Cumulatively, during April-December this fiscal, the country's merchandise exports rose 2.44 per cent to USD 330.29 billion.

Imports grew by 5.9 per cent to USD 578.61 billion, leaving a trade deficit of USD 248.32 billion during the nine-month period of 2025-26.

Briefing the media on the latest data, Commerce Secretary Rajesh Agrawal said that despite global uncertainties, India's exports are recording positive growth.

Going by the trend, "we expect that the total exports (goods and services) are likely to cross USD 850 billion this fiscal".

The main sectors that led to an increase in shipments included engineering, electronics, marine, and pharmaceuticals.

India's exports to the US, China, and the UAE are rising at a steady rate. PTI RR CS HVA

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