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January 15, 2026
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Trainer aircraft crash: preliminary report finds engine RPM loss and ongoing maintenance, ECU and fuel analyses underway.
AAIB issued a preliminary report noting an RPM reduction on final approach after the trainee reported power at about 75%, the instructor taking control and declaring a forced landing; the aircraft struck a power cable and crash landed. Investigative steps include collection of maintenance records, ECU analysis for engine health, fuel and oil sample testing, and initial interviews with pilots and operator personnel.
January 15, 2026
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Delivery of a 7,000 DWT multi-purpose vessel under a formal delivery and acceptance protocol, built to classification standards.
A government-owned shipyard completed contractual delivery of a 7,000 DWT Multi-Purpose Vessel to a German commercial owner, with a formal Delivery and Acceptance Protocol executed by virtual ceremony. The vessel was built to specified technical and classification standards in compliance with Classification Rules of DNV and configured for broad commercial use, highlighting classification compliance, contractual delivery mechanism, and intended worldwide trading capabilities.
January 15, 2026
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Pilots' body FIP challenges summons of pilot's nephew in Ahmedabad crash probe as unlawful and seeks clarification.
The pilots' federation disputes AAIB's summons of Captain Varun Anand, arguing it rests solely on familial relationship and lacks stated statutory basis, purpose or specified capacity; AAIB invokes its rule-based authority to call and examine witnesses and require evidence, raising a conflict between the investigator's power to summon and the requirement of witness relevance.
January 15, 2026
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Delhi ration card cancellations and e-KYC introduced to verify eligibility and fill vacancies within the fixed PDS quota.
The Delhi government cancelled 4.20 lakh ration cards (2015-2025) for ineligibility, death, transfer, migration, or surrender, reconciles beneficiaries with the Aadhaar database to prevent fake cards, issues new cards only when vacancies arise under the Targeted Public Distribution System (Control) Order, 2015 and its fixed quota, processes pending applications on a first in, first out basis, and introduced e-KYC and field verification in 2025 to address irregularities.
January 15, 2026
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Operation Sindoor ongoing; India will continue targeting terrorism's mindset while boosting indigenous defence and veteran support.
Operation Sindoor is described as an ongoing, calibrated military response aimed at eliminating the mindset that fuels terrorism, executed with restraint and humanitarian values. The Defence Minister linked operational success to increased indigenous defence production and called for accelerated indigenisation, enhanced inter service cooperation, and continued modernisation. The government also emphasised personnel policies and welfare measures, including expanded roles for women and veteran support through Project NAMAN.
January 15, 2026
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Tiger Global exit from Flipkart prompts stricter scrutiny of holding structures; TRCs won't guarantee treaty relief for conduit entities.
The Supreme Court held that capital gains from the sale of shares by Mauritius entities deriving substantial value from Indian assets are taxable in India, and that possession of a Tax Residency Certificate does not preclude inquiry where intermediary entities are alleged conduits; treaty benefits may be denied if entities lack genuine economic substance, permitting tax authorities to pierce structures and refuse DTAA protection.
January 15, 2026
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BMC polls: phase-wise counting of two wards at a time may delay city-wide results; access and tabulation tightly controlled.
Change to a phase-wise counting procedure requires counting votes from two wards at a time across 23 centres, which may delay city-wide results and initial trends; the administration expects about an hour's possible extension while concentrating trained staff on fewer wards. Operational controls include access limited to authorised persons with election IDs, designated Returning Officers overseeing strong rooms and venues, computerised tabulation, CCTV and safety provisions, and traffic and media management to preserve integrity and transparency.
January 15, 2026
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Supreme Court to examine alleged state interference in central probe while MHA forms committee on digital arrest issues.
The Supreme Court deemed allegations that a state chief minister obstructed a central agency's search and seizure operation as serious and will examine whether state law enforcement bodies may interfere with central probes into serious offences. The Court also noted disorder at the Calcutta High Court hearing. Separately, the Ministry of Home Affairs has formed a high level committee to examine issues arising from digital arrest cases, creating an administrative review mechanism for procedural and technological law enforcement concerns.
January 15, 2026
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Homebuyers' societies cannot intervene in developer insolvency under the IBC; only creditors/allottees have direct standing.
Homebuyers' maintenance societies and RWAs lack locus standi to intervene in insolvency proceedings under the IBC because participatory rights are confined to statutorily defined categories; a society that has not itself advanced funds, executed allotment agreements, or received allotments cannot be a financial creditor, and collective representation arises only post-admission through the authorised representative mechanism.
January 15, 2026
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Department of Posts joins ONDC as logistics service provider enabling sellers to book pickups and track deliveries.
The Department of Posts is integrated into ONDC as a Logistics Service Provider (LSP), allowing sellers to select it for parcel pickup, booking, transmission and delivery through the postal department's nationwide network; postage is collected at pickup and consignments are inducted and tracked using the Department's technology-enabled logistics systems under a Click & Book model.
January 15, 2026
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Digital arrest scams: panel to propose regulatory fixes, SOPs for fund recovery, and victim compensation for service failures.
A high-level inter-departmental committee chaired by the Special Secretary (Internal Security) has been constituted to examine digital arrest scam cases, identify legislative and implementation gaps, and propose corrective measures. Membership includes MeitY, MEA, financial and law ministries, RBI, CBI, NIA, Delhi Police and I4C (CEO as member secretary). Key outcomes reported: CBI's monetary threshold proposal; MeitY's call to activate IT Act adjudication; DoT's draft telecom rules on SIM issuance; I4C's near-final SOPs for freezing, recovery and fund restoration; and agreement to provide victim compensation where loss arises from negligence, service deficiency or fraud.
January 15, 2026
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Himachal apples: state seeks import ban in peak season, 100% off season duty, and trade protections for growers.
The state requests central intervention to protect apple growers by imposing a ban on imports during the July-November peak, raising import duty to 100 percent in off-season months, applying quantitative restrictions, and designating apples as a special category commodity; it also seeks a Green Fund allocation for hill states and permission for additional borrowing to address constrained fiscal space.
January 15, 2026
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Tiger Global capital gains from 2018 Flipkart exit deemed taxable in India; DTAA exemption denied.
Capital gains from Tiger Global's 2018 exit from Flipkart are taxable in India because the sale of unlisted equity shares occurred pursuant to an arrangement impermissible under law, precluding exemption under Article 13(4) of the DTAA; the revenue finding on the impermissible arrangement and intermediary corporate structure was upheld against the Delhi High Court's contrary characterisation.
January 15, 2026
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Smartphone exports rose 43.7% to $18.8 billion in Apr-Nov, led by shipments to the US and UAE.
Smartphone exports rose 43.7% to USD 18.8 billion in April-November this fiscal year, up from USD 13.08 billion the prior year and USD 9.07 billion two years earlier; principal destinations were the United States, UAE, China, Portugal, and Spain, alongside increased shipments to emerging markets such as Slovakia, Israel, Latvia, Vietnam, and South Korea.
January 15, 2026
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MILMA and NDDB open a NABL-accredited food testing lab in Kochi to expand dairy and food safety testing services.
MILMA and NDDB have partnered to open a NABL-accredited NDDB CALF laboratory in Kochi as a branch of NDDB CALF Limited, initially providing comprehensive quality and safety testing for milk and milk products for Kerala and neighbouring states, with phased expansion to testing spices, fruits, vegetables, bakery and ready-to-eat products, fish and allied commodities, and support for state departments and food safety authorities through advanced analytical services.
January 15, 2026
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Suraksha Group: FIR alleges diversion of funds meant for stalled homebuyers, ED may pursue PMLA probe.
The EOW registered an FIR against Suraksha Group, Lakshdeep Investments and others based on Enforcement Directorate inputs under section 66(2) of the Prevention of Money Laundering Act alleging diversion of about Rs 235 crore from Jaypee Infratech Ltd that were intended for construction of stalled apartments, constituting breach of trust and cheating of homebuyers; the ED appended its communication and indicated it may file a fresh PMLA case, asserting Suraksha's allocations to linked entities were inconsistent with the approved resolution plan.
January 15, 2026
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Indians in Iran urged to leave as India prepares evacuation using civil and military transport.
The Ministry of External Affairs urged all Indian nationals in Iran to leave by available means, is preparing contingency evacuation measures including civil and military transport to repatriate an estimated little over 10,000 Indians, and directed the embassy in Tehran to advise caution, avoid protest areas, and maintain contact with citizens and PIOs.
January 15, 2026
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Silver and gold hit record domestic highs amid sustained buying by jewellers and rising industrial demand for silver.
Silver and gold reached domestic record peaks-silver at Rs 2,89,000/kg and gold at Rs 1,47,300/10g-driven by five days of sustained buying from jewellers, stockists and retail consumers. Silver's rally is reinforced by rising industrial demand from renewable energy, electronics and electric mobility, attracting HNI and family capital as a portfolio diversifier, though silver remains more volatile than gold. Recent international corrections and Producer Price Index data have moderated near-term momentum by tempering expectations of rate cuts.
January 15, 2026
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Protests in Minneapolis face threatened invocation of the Insurrection Act to deploy federal troops amid legal challenges.
The executive threatened to invoke the Insurrection Act to deploy military forces or federalize the National Guard to suppress Minneapolis protests stemming from immigration enforcement, setting federal authority against state and local objections; concurrent litigation seeks judicial restraints on the federal crackdown amid claims of constitutional violations, and the administration is assigning military legal officers to support prosecutions related to the operations.
January 15, 2026
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Exports rose modestly while imports grew, widening the trade deficit amid high US tariffs and sectoral slowdown.
Exports rose 1.87% to USD 38.5 billion in December while imports grew 8.7% to USD 63.55 billion, widening the trade deficit to USD 25.04 billion. Labour intensive sectors showed export slowdown, attributed in part to a steep 50% US tariff, and the government is pursuing free trade agreements, export promotion and market diversification to mitigate impacts.

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Delhi govt cancelled 4.20 lakh ration cards in last 10 years

January 15, 2026

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New Delhi, Jan 15 (PTI) The Delhi government has cancelled 4.20 lakh ration cards over the past decade due to various reasons, making efforts to improve the public distribution system in the city, officials said.

The ration cards were cancelled between January 2015 and December 2025, with many beneficiaries found ineligible for owning vehicles or holding government jobs, the government informed in the recently concluded winter session.

In response to a question by BJP MLA Harish Khurana, the Food Supply and Consumer Affairs department clarified that the cancellations also occurred due to reasons such as the death of beneficiaries and their transfer.

The department further stated that all beneficiaries are verified through an Aadhaar database, ensuring no room for the issuance of fake ration cards.

Additionally, in reply to another query, the department explained that pending applications for ration cards are processed on a 'first in, first out' basis.

As per the Targeted Public Distribution System (Control) Order, 2015, issued by the Government of India, Delhi’s ration card quota was set at 72,77,995, which has been filled. The Food Supply department mentioned that new ration cards are issued only when vacancies are created due to reasons such as the death of beneficiaries, migration, surrender of cards, or cancellation of ineligible cards.

In 2025, the department introduced e-KYC and field verification of ration card holders following complaints of "serious" irregularities. The e-KYC process is currently underway. PTI VIT VIT HIG HIG

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Acts Income Tax