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    Chandigarh University Launches 'CU Online Jai Jawan Scholarship' for Family Members of Defense Personnel
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January 17, 2026
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Legal developments: prosecution appointments, bail proceedings, raids, international export enforcement actions, and trade-tariff advocacy.
Multiple enforcement and prosecutorial actions are reported: a Kerala sexual-assault prosecution involved a contested bail application by an expelled legislator; the state appointed a special public prosecutor in a nun rape case with the alleged victim acknowledging the appointment. Police conducted multi-district raids against an alleged cattle-smuggling network and security forces engaged in a counterinsurgency encounter. Separately, a US criminal proceeding addressed illegal export of controlled aviation parts to Russia, and US lawmakers urged tariff changes on pulse crops in trade talks.
January 17, 2026
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Chandigarh University launches CU Online Jai Jawan Scholarship for defence families to support online degree enrolment.
Chandigarh University created the CU Online Jai Jawan Scholarship to fund online undergraduate and postgraduate study for children of serving, retired, and martyred defence and paramilitary personnel across specified forces. The scholarship covers 12 named CU Online degree programs. Applicants must apply via the CU Online portal, select a program, upload proof of the parent's service, and select 'Defense Service - Jai Jawan' in the scholarship section to avail benefits.
January 17, 2026
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Puravankara expands portfolio with Rs 13,900 crore GDV; Q3 pre sales and collections report double digit growth.
Puravankara added over 12.76 msft of developable area in 9MFY26 with an estimated GDV of ~Rs 13,900 crore via land acquisitions, joint developments and redevelopment projects across Bengaluru and Mumbai. Q3FY26 pre sales were Rs 1,414 crore (+17% YoY) and collections Rs 1,140 crore (+22% YoY); the quarter saw 1.23 msft handed over (1,116 homes) and new launches contributing to a 9M FY26 launch pipeline of 2.83 msft.
January 17, 2026
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India's financial reforms advance investor protection, market deepening, KYC simplification, digital payments, CBDC rollout and infrastructure financing.
Policy and regulatory reforms strengthened market integrity, investor protection, and digital finance infrastructure. Under an FSDC mechanism, regulatory adjustments tightened SME public-issue norms, improved derivatives monitoring, mandated direct client payouts, and regulated algorithmic trading. Market-deepening steps included MF Lite, shorter debt listing timelines, CCN adoption, and single-window onboarding for foreign investors. Investor measures introduced a unified mobile app, SEBI Check for UPI verification, revised nomination norms, and small-ticket SIPs. Digital initiatives scaled the Account Aggregator SRO, internationalised UPI, mandated standardized intermediary UPI IDs, and expanded retail and wholesale CBDC pilots, while KYC interoperability and sector cybersecurity were advanced.
January 17, 2026
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Postal exports eligible for Duty Drawback, RoDTEP and RoSCTL from 15 January 2026, boosting MSME competitiveness.
CBIC has extended export incentives to postal-mode exports in electronic form effective 15 January 2026, permitting claims under Duty Drawback, RoDTEP and RoSCTL. The extension is effected by amendments to the Postal Export (Electronic Declaration and Processing) Regulations, 2022 and by Notification No.07/2026 Customs (N.T.) and Circular No.01/2026 Customs, which set out the operational modalities for claiming these benefits for goods exported through the postal route.
January 17, 2026
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IGGEFIL sanctions USD 22.5M green loan to Swarna Solar for a 100 MW Zambia solar project development.
IGGEFIL sanctioned a USD 22.5 million green loan to Swarna Solar Limited for a 100 MW photovoltaic solar power plant in Serenje District, Zambia; the board approval marks IGGEFIL's first international loan and reflects the subsidiary's role in leveraging international capital to finance cross border renewable energy projects while operating under a state owned renewable energy development agency.
January 17, 2026
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ASME Foundation India launches EFx India 2026 to train engineers in interdisciplinary, hands-on skills and industry-aligned challenges.
ASME Foundation India launched EFx India 2026 in Jaipur, assembling 700+ students for interdisciplinary, hands-on workshops and industry-aligned challenges. Key features include a robotics and AI workshop, a women-only CAD and simulation challenge called Gear Up FEME, and competitive practical challenges in sustainable energy and mobility supported by industry sponsors to strengthen industry-academia collaboration and prepare students for product-design careers.
January 17, 2026
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Axis Max Life launches an insurance-backed BSE 500 Value 50 Index Pension Fund targeting value-driven retirement savings.
Axis Max Life launched the Axis Max Life BSE 500 Value 50 Index Pension Fund within its Forever Young Unit-Linked Pension Plan (UIN: 104L075V08). The passively managed fund tracks the BSE 500 Enhanced Value 50 Index, selects 50 stocks by value scores using Book-to-Price, Earnings-to-Price, and Sales-to-Price ratios after liquidity filters, is reconstituted quarterly, and maintains a minimum 80% equity exposure with sector diversification to reduce concentration risk.
January 17, 2026
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Raw jute ban proposed from April 1 to curb prices, centralise sales with JCI and protect mill fibre supplies.
A proposal would ban private raw jute trading from April 1, allowing traders to liquidate stocks until March 31; remaining quantities would be tendered to the Jute Corporation of India at government-fixed prices, and the JCI would supply mills based on linkage with B-Twill orders from April to stabilise prices and secure fibre and jute bag availability.
January 17, 2026
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US lawmakers urge Trump to seek lower Indian tariffs on pulse crops to address competitive disadvantages for US producers.
US legislators urge negotiation of tariff reductions and favorable pulse-crop provisions in bilateral trade talks, stating that India's duties - including a 30% tariff on yellow peas - create an unfair tariff regime that places US pulse producers at a significant competitive disadvantage and that market-access commitments would benefit both American exporters and Indian consumers.
January 17, 2026
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Illegal export of controlled aviation components to Russia via false end user claims violated export control laws and led to criminal charges.
The matter concerns a conspiracy to export controlled aviation navigation and flight control components to Russia in violation of the Export Control Reform Act, effected by falsely claiming domestic end users and civilian use to obtain licensable dual use items such as an AHRS. The scheme involved procurement from a US supplier, detention of the component before export, subsequent arrest, indictment on conspiracy, attempted illegal export and false statement charges, and a guilty plea to a conspiracy count regarding sale of export controlled aviation components to Russian end users.
January 17, 2026
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Trade negotiations: push for pulse crop provisions meets export-control conviction over illegal aviation component shipments.
Legislative pressure seeks favourable trade agreement provisions for pulse crops with India, alongside enforcement action culminating in sentencing for a conspiracy to illegally export aviation components to Russia, indicating active application of export controls; separate items note an appointment to a governance board for Gaza redevelopment and naval training port calls under an Act East diplomatic posture.
January 17, 2026
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Gaza redevelopment plan names Board of Peace and ISF to oversee reconstruction, demilitarisation, and economic zone creation.
A comprehensive redevelopment framework establishes an executive Board of Peace and the National Committee for the Administration of Gaza to oversee phased implementation of reconstruction, governance capacity building, investment attraction and capital mobilisation. Security is to be provided by an International Stabilisation Force tasked with demilitarisation and safe delivery of aid and materials. Cessation of hostilities, staged withdrawals and frozen battle lines are conditioned on agreed security and hostage related triggers. Economic measures include convening expert panels for redevelopment and creating a Special Economic Zone with preferential tariffs to attract investment and generate jobs.
January 17, 2026
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Federal immigration officers in Minneapolis barred from detaining or tear gassing peaceful protesters during enforcement operations.
The central operative holding addresses whether federal officers carrying out immigration enforcement may detain or use tear gas against peaceful protesters; the court determined those officers do not have authority to detain or deploy tear gas against nonviolent demonstrators encountered during the enforcement operation, a claim brought by six activists alleging constitutional rights violations while observing immigration activity.
January 17, 2026
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Federal Reserve Chair Jerome Powell faces DOJ subpoenas as GOP senators defend Fed independence amid presidential pressure.
Senate Republicans publicly defended Federal Reserve independence after DOJ subpoenas and threats of criminal charges concerning a USD 2.5 billion Fed office renovation; lawmakers characterised the investigation as intimidation aimed at influencing interest-rate policy, while Chair Powell engaged directly with senators to secure support and recent statements indicated blocking of administration Fed nominees until the legal cloud is resolved.
January 17, 2026
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EU Mercosur trade pact creates one of world's largest free trade zones with preferential agricultural market access.
The EU Mercosur agreement establishes a comprehensive free trade area granting South American nations enhanced market access to the EU under preferential tariff treatment, contemplates accession pathways for additional regional members, and combines tariff liberalization for agricultural sectors with institutional mechanisms and political signaling relevant to regional trade governance.
January 17, 2026
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Mumbai civic body election: BJP-Shiv Sena alliance wins majority to take control of the BMC amid counting disruptions.
BJP and the Eknath Shinde-led Shiv Sena alliance won 118 of 227 seats, securing majority control of the Brihanmumbai Municipal Corporation; counting proceeded amid EVM faults, recount demands and use of a PADU, several incumbents lost, and voter turnout varied widely against the backdrop of the BMC's substantial budget and a period of commissioner-led administration since the previous elected term ended.
January 16, 2026
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Assam to implement announced schemes and finish recruitments before election dates, with mid February beneficiary rollouts.
The administration commits to implement budgeted schemes by February 20 and to complete government recruitments by February 10, with monetary incentives and first phase beneficiary payments by mid February. Near term rollouts include women and youth entrepreneurship programs, financial assistance for graduates and research scholars, a one time grant for tea garden workers, and support for farmer producer companies, alongside planned infrastructure inaugurations and project foundation stones as part of an investment promotion agenda.
January 16, 2026
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Bharat's character tied to Hindu unity; call for self-reliance, ethical conduct, and youth serving national development.
The speaker tied the character of Bharat to the Hindu community, urging unity across castes and sects and preservation of values through Sanatan Dharma. He promoted self-reliance and use of locally produced goods, ethical daily conduct, opposition to injustice, and youth skill development abroad for national benefit, presenting the organisation's aim as uniting the Hindu community rather than seeking material gains.
January 16, 2026
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RSS chief advocates economic self-reliance, Hindu community unity, civic ethics, and cultural continuity as national priorities.
Advocacy for economic self-reliance urges prioritising domestically produced goods and importing only what cannot be made locally, presenting independent international engagement as the chosen path. Emphasis is placed on unity among Hindus across caste, sect, language and occupation, with the organisation to initiate but the community to lead cohesion. Citizens are urged to oppose injustice stepwise and observe civic duties like paying bills and following traffic rules, while cultural continuity and Sanatan Dharma are cited as sources of national resilience and moral strength.

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Punjab CM pitches for stronger trade ties with British Columbia

January 16, 2026

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Chandigarh, Jan 16 (PTI) Punjab Chief Minister Bhagwant Mann on Friday underscored the need to strengthen trade relations with Canada, particularly British Columbia, to expand cooperation that delivers tangible benefits for businesses and people on both sides.

During a meeting with the Premier of British Columbia, David Eby, CM Mann said, Canada has always been a strong partner for India and Punjab, and Punjab looks forward to strengthening this foundation further, according to an official statement.

"Punjab is fully prepared and enthusiastic to collaborate with Canadian businesses in sectors of mutual importance," he said.

Highlighting Punjab's economic strengths, the Chief Minister said, "Punjab is a leader in agro-processing, textiles, engineering goods, IT services, and renewable energy. With robust infrastructure and a skilled workforce proficient in the English language, Punjab offers an ideal destination for Canadian investors." Highlighting that British Columbia's strengths in sustainable farming, food security, and greenhouse technologies align perfectly with Punjab's agricultural modernization goals, Mann said, "we foresee significant opportunities in precision farming, post-harvest systems, and value-added food processing." On education, Mann stated, "Education and skill development are another promising area where partnerships with Canadian universities in research and vocational training can have a transformative impact." Emphasising sector-wise opportunities, the Chief Minister said that in healthcare and life sciences, there are immense opportunities for Canadian firms and noted that Punjab welcomes joint ventures in solar parks and bio-energy projects.

In IT and digital transformation, Punjab has strong potential for collaboration in cybersecurity, artificial intelligence, and agri-tech projects.

On manufacturing and trade, Mann said, Canada's expertise in agricultural machinery and precision engineering can integrate well with Punjab's industrial clusters. "Punjab's agricultural exports, such as wheat, rice, kinnow, litchi, and processed food products, are in high demand in the Canadian market, strongly supported by the large Indian diaspora living there," he said.

He also proposed collaboration in textiles, saying, "Canadian companies can join hands with Punjab to develop high-quality textiles and apparel that complement their fashion and retail sectors." Stressing the role of the diaspora, the Chief Minister said, "The Punjabi diaspora in Canada serves as a strong bridge for commercial and cultural exchange. The Punjab government aims to deepen these ties further through cultural and educational programs." Inviting Canada to participate as a partner country at the Progressive Punjab Investors Summit 2026, slated to be held in Mohali in March, he said, "PPIS 2026 will include special business delegations, sectoral sessions, and high-level roundtable conferences, further strengthening trade and cultural exchange." Mann also invited leading Canadian universities to explore establishing campuses in Mohali.

Meanwhile, the Premier of British Columbia, emphasising people-to-people ties, said, "Punjab always resides in the hearts of Punjabis living in British Columbia, and this relationship between our people should be further strengthened." Expressing enthusiasm for closer engagement, he said, "We are keen to strengthen business ties with Punjab and will work to explore opportunities for mutual exchange in areas such as skill development, energy, and other sectors." PTI SUN DRR

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