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    Mittal Builders shapes Matunga's landscape with premium redevelopment projects
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January 22, 2026
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Mittal Builders' Matunga redevelopment JV with Godrej features tenant conversions, 3BHK luxury units, and strategic expansion plans.
The document reports a 1.4 acre Matunga East redevelopment undertaken by Mittal Builders in joint venture with Godrej Properties, with GDV above INR 900 crore, premium 3BHK units, and a tenant conversion mechanism affecting 130+ tenants transitioning from tenanted redevelopment to ownership; it also highlights planned expansion in Five Gardens and Wadala and the developer's zero bank debt position and large portfolio as contextual factors for project delivery.
January 22, 2026
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Steel plant explosion: multi agency probe launched, site sealed, and statutory compensation ordered for victims.
A dust settling chamber leak at a sponge iron/steel plant caused fatalities and injuries; authorities sealed the site, deployed rescue and forensic teams, and constituted a multi departmental probe under the Sub Divisional Magistrate including industrial health and safety, police and revenue officials. Labour department personnel were tasked to ensure victims' families receive compensation as per statutory norms, and officials signalled strict enforcement action against those found responsible.
January 22, 2026
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Markets rebound as easing geopolitical tensions lift Sensex and Nifty, with FIIs selling and DIIs buying ahead of major economic data.
Benchmark equity indices rebounded after a three day slide, with Sensex up about 398 points to 82,307.37 and Nifty up 132.40 points to 25,289.90, supported by easing geopolitical tensions and positive global cues. Key movers included public sector, industrial, financial and selective consumer and technology stocks. Foreign institutional investors were net sellers of Rs 1,787.66 crore while domestic institutional investors bought Rs 4,520.47 crore. Market attention remained on U.S. GDP and core inflation data and the Bank of Japan policy decision; Brent crude fell to USD 64.52 per barrel.
January 22, 2026
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IndiGo faces DGCA-imposed 10% winter schedule curtailment after disruptions, with profit plunging 78% this quarter.
The Directorate General of Civil Aviation imposed a temporary schedule curtailment of 10% on the carrier's winter timetable until February 10 in response to extensive operational disruptions in early December. The airline reported a 78% decline in quarterly profit to Rs 549.1 crore for the three months ended December 2025, while total income rose to Rs 24,540.6 crore from Rs 22,992.8 crore year on year, as disclosed in its regulatory filing.
January 22, 2026
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Indian travelers can pay Danang merchants by scanning UPI QR codes via 9Pay, testing QR and stablecoin cross-border payments.
The IFC sandbox permits supervised pilots of cross-border QR and stablecoin payment solutions; 9Pay's B2B2C model lets Indian consumers pay Danang merchants by scanning UPI-compatible QR codes while operating under a legal framework supported by an Intermediary Payment Services License and a foreign currency receipt and payment license from the State Bank of Vietnam, enabling merchant access without local entity formation.
January 22, 2026
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RXIL declares 21.6% interim dividend as TReDS platform returns capital to stakeholders reflecting financial sustainability and profitability.
RXIL declared and paid an interim dividend of 21.6% on face value, marking the first TReDS platform in India to return capital to stakeholders. The dividend follows sustained scale and profitability-throughput rising from Rs. 223 crore in FY18 to Rs. 80,457 crore in FY25, cumulative invoice financing exceeding Rs. 2.6 lakh crore, profitability from 2023, and wiped-off accumulated losses in FY24-supported by a network of over 3,200 buyers and 70+ financiers and monthly volumes around Rs. 12,000 crore.
January 22, 2026
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Aditya Birla World Academy's Infinity maths challenge emphasizes collaborative reasoning and conceptual problem solving for students.
Infinity is a three-day, school-led mathematics programme that prioritises reasoning, conceptual understanding, and collaborative problem solving through a combination of individual and team rounds assessing logical reasoning, methodological approach, and accuracy, culminating in category winners and the Mathematician of the Year.
January 22, 2026
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TaskOPad: an India-built task management platform with full-feature access per user, 24x7 human support, and industry templates.
TaskOPad is an India-built task and team management platform that grants every user complete access to all product features under a user-based subscription model, consolidating task, project, workflow, collaboration, timesheets, reporting, integrations, and HR-adjacent functions in a simple interface. The platform couples 24x7 direct human support and proactive onboarding outreach with industry-specific templates to accelerate adoption, and reports an average 27% user productivity improvement driven by clearer task ownership, reduced follow-ups, and enhanced workflow visibility.
January 22, 2026
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Board of Peace launched to mediate Gaza and broader conflicts, with US-led delegation and proposed UN cooperation.
The President launched the "Board of Peace" at Davos as a new international mediation and advisory body, initially tied to Gaza but expanded to broader conflicts, and signalled cooperation with the United Nations while emphasising a Western Hemisphere-oriented presentation. The US delegation includes senior advisers and envoys, and attendees span Middle Eastern and South American governments though major European participation is limited and full membership remains unclear.
January 22, 2026
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Rupee edges up to 91.62 on suspected RBI support and equity gains, but remains vulnerable to geopolitical risk.
Rupee recovered slightly to 91.62 per US dollar, driven by suspected central bank intervention and positive equities, but remains volatile due to global geopolitical uncertainty. Analysts note consolidation is likely and partial recovery depends on improved risk sentiment and finalisation of a pending US trade framework; 92.00 is key resistance while sustained RBI support could pull USD/INR toward 90.50-90.70.
January 22, 2026
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Punjab launches Mukh Mantri Sehat Yojna providing free cashless medical cover up to Rs 10 lakh per family with Aadhaar and voter ID eligibility.
The Mukh Mantri Sehat Yojna provides cashless medical treatment up to Rs 10 lakh per family for all 65 lakh state resident families holding an Aadhaar card and a voter card, covering over 2,500 medical procedures in government hospitals and selected private hospitals, supported by expansion of mohalla and village clinics and recruitment of medical staff.
January 22, 2026
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MGNREGA replacement criticised as centralising funding and undermining panchayats; campaign seeks reinstatement as a rights based law.
The piece describes political opposition to replacing MGNREGA with the VB GRAMG scheme, arguing the change centralises funding and control, undermines Panchayati Raj authority, and diverts worker entitlements to contractors and bureaucracy. A nationwide campaign, 'MGNREGA Bachao Sangram', demands withdrawal of the new scheme and restoration of MGNREGA as a rights based law guaranteeing the right to work and decentralised local administration.
January 22, 2026
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India-EU free trade agreement nearing conclusion to deepen market access and regulatory cooperation between partners.
Negotiations toward a comprehensive free trade agreement between India and the European Union are reaching conclusion, with EU leaders scheduled to visit India to announce the deal. The proposed agreement is presented as a regulatory and market-access framework intended to deepen bilateral economic relations, create a large integrated market, and deliver a first-mover advantage for the EU with one of the world's fastest-growing regions.
January 22, 2026
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US bill creates a Strategic Resilience Reserve to stabilise critical minerals supply and reduce dependence on China.
The bill creates a Strategic Resilience Reserve as an independent government corporation, governed by a seven member presidentially appointed and Senate confirmed board, to stabilise prices, support domestic and allied production (including recycling), establish stockpiles, promote competitive markets, and implement policy backed investments and mechanisms to reduce dependence on a dominant foreign supplier of critical minerals.
January 22, 2026
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Sustainable gardening: Plantify Garden promotes organic, low-maintenance slow-release nutrition to support healthier houseplants and soil.
Plantify Garden offers slow-release organic nutrition for potted urban plants that preserves potting soil health by avoiding harsh chemical fertilisers, supporting beneficial microbes, and delivering gradual nutrients to reduce root stress and overfeeding; products are low-maintenance, minimise waste, and are designed to encourage long-term, sustainable plant-care routines suited to small apartments and balcony gardens.
January 22, 2026
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Fujiyama commissions 1 GW solar cell plant to supply captive panels and meet domestic content norms for subsidy access.
Fujiyama commissioned a 1 GW solar cell facility at Dadri with Rs 300 crore in internal accruals and debt, to supply cells exclusively for captive consumption, reduce reliance on imports, enhance supply reliability, and produce mono perc DCR series cells to align with domestic content requirement norms and access subsidy driven demand.
January 22, 2026
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MGNREGA repeal will be contested in Parliament as Congress launches a nationwide campaign demanding restoration of the rights-based law.
The repeal of MGNREGA has triggered a 45-day nationwide campaign demanding withdrawal of the Viksit Bharat - Guarantee for Rozgar Ajeevika Mission (Gramin) Act and restoration of MGNREGA's rights-based framework, including the statutory right to work and panchayat authority; the opposition will raise and contest the repeal during the forthcoming Budget session.
January 22, 2026
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Madhya Pradesh policies and reforms are creating international investment buzz to attract jobs and boost development.
The Chief Minister presented Madhya Pradesh's program of regulatory simplification, sectoral reforms, and targeted development measures to position the state as a preferred investment destination, highlighting abolition of unnecessary laws, new sectoral targets, and outreach to international investors aimed at generating employment, maximising investments, and alleviating poverty.
January 22, 2026
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Europe relieved as US reverses Greenland tariff threat and outlines NATO Arctic security framework while Denmark rejects sovereignty talks.
The US withdrew threatened tariffs on eight European nations and announced a new NATO Arctic security framework avoiding forced US seizure of Greenland, while Denmark affirmed that its sovereignty over Greenland is non-negotiable; the administration also floated a proposed tariff-free zone for Ukraine to spur industrial recovery.
January 22, 2026
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50 medical students to receive fresh counselling for reallocation to government colleges via supernumerary seats.
The Jammu and Kashmir BOPEE will conduct physical counselling on January 24 to reallocate 50 students from SMVDIME into seven government medical colleges through 50 supernumerary seats allotted strictly by NEET UG merit and candidate preference. Candidates may authorise a blood relative to attend with prescribed authorisation and ID. The action follows the regulator's withdrawal of SMVDIME's permission and addresses BOPEE's earlier position that creation and allotment of supernumerary seats must be effected at the government level in consultation with the regulator and receiving colleges.

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Kerala Assembly budget session set to be stormy

January 19, 2026

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Thiruvananthapuram, Jan 19 (PTI) The budget session of the Kerala Assembly, beginning on Tuesday, is expected to be a stormy affair, with the ruling LDF and opposition UDF poised for intense confrontations over a host of politically sensitive issues ranging from the Sabarimala gold loss case to the arrest of Palakkad legislator Rahul Mamkootathil.

The 32-day-long session, scheduled to conclude on March 26, is the 16th session of the 15th Kerala Assembly and will begin with the governor's policy statement.

With the assembly polls just months away, the Congress-led UDF is expected to capitalise on its performance in the recent local body by-elections to target the Left government.

Another major flashpoint in the House could be the arrest of senior CPI (M) leaders, including former MLA and president of the Travancore Devaswom Board (TDB), A Padmakumar, in the sensational Sabarimala gold loss case.

The UDF is planning to raise the issue and accuse the government of protecting the accused, citing the non-action by the ruling CPI (M) against him despite his imprisonment.

Besides these, issues related to the state's huge financial crisis, arrears in welfare pensions, and flaws in the construction of the national highway in various parts of the state are bound to figure prominently in the session.

The UDF is also likely to target the ruling front over Chief Minister Pinarayi Vijayan's recent statements over Jama-at-e-Islami and accused the CPI (M) of "adopting a soft Hindutva" stand post Lok Sabha polls.

The interrogation of senior CPI (M) leader and former Devaswom Minister Kadakampally Surendran and remarks against former TDB president P S Prasanth will also come up during the session.

With the budget to be presented amid mounting criticism over the state’s fiscal management, the opposition is expected to mount sustained protests both inside and outside the House, setting the stage for a turbulent session.

Meanwhile, the ruling benches are preparing to counterattack the UDF, raising the arrest of expelled Congress MLA Rahul Mamkootathil in a sexual assault case.

Though the Congress has been arguing that he is no longer a member of the grand old party and that he has been expelled, the Left Front has already made it clear that they could not easily evade the responsibility for the actions of the legislator.

The sharp criticism raised by prominent community leaders against Leader of Opposition V D Satheesan, the row over the non-completion of houses promised to the landslide survivors of Wayanad by the Congress party, and the vigilance case against its MLA Mathew Kuzhalnadan in a land-related case are also likely to be used by the ruling front to counter the UDF.

Various welfare measures announced by the Pinarayi Vijayan government, the completion of infrastructure projects, and the central government's alleged financial strangulation of the state would also be highlighted by the treasury benches in the House.

During the session, the state budget for the financial year 2026-27 will be presented, discussed, and passed in the House.

The House will sit for a total of 32 days during this period, of which three days have been set aside for discussion on the motion of thanks for the Governor's policy statement.

The budget will be presented on January 29, while the general discussion on it is scheduled from February 2 to 4.

The House will not sit from February 6 to 22, during which various subject committees will scrutinise departmental requests for funds.

The detailed discussion and passage of the requests for funds for 2026-27 will take place over 13 days, from February 24 to March 19, Legisletive Assembly sources added. PTI LGK ROH

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