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    Trump is rolling out his Board of Peace at Davos at a time when US leadership is being questioned
    Markets jump 1 pc on easing global trade tensions; PSU Banks, Auto stocks shine
    Asian shares rise, tracking Wall Street gains as Trump backs down on Greenland
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    9th Meeting of India–Myanmar Joint Trade Committee Held in Nay Pyi Taw
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    Latest: Trump says a Greenland deal 'framework' reached, cancels tariff threat
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    Trump cancels tariff threat in his push for US control of Greenland
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January 22, 2026
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Board of Peace proposal seeks to oversee the Gaza ceasefire and broader conflict resolution amid questions over mandate and membership.
The Board of Peace is proposed as an international panel originating from a Gaza ceasefire plan to oversee the truce and potentially broader conflict-resolution tasks; its expansive mandate, mixed membership of invited states, and possible displacement of some United Nations functions have raised questions about legitimacy, parliamentary approvals, and the Board's legal and operational authority.
January 22, 2026
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Stock markets rose after easing trade tensions and tariff reprieve, buoyed by PSU banks, auto stocks and short covering.
Indian benchmarks rose ~1% early, led by PSU banks, Services and Auto stocks after easing trade tensions and signals against U.S. tariffs on Europe prompted relief driven short covering. Domestic institutional buying offset foreign institutional selling. Q3 corporate profits were impacted by higher provisions for the new labour code commitments, characterised as a one time charge.
January 22, 2026
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Asian shares rise after US president backs down on Greenland tariffs and rules out using force, easing market fears.
A threatened 10% tariff on eight European countries and suggestion of military action over Greenland, followed by a public reversal disavowing force and reference to a NATO "framework" on Greenland and Arctic security, constituted the operative legal and policy actions; those statements, and the substitution of allied security dialogue for coercive measures, directly eased geopolitical risk and drove equity gains, lower gold and Treasury yields, and shifts in currency and oil prices.
January 22, 2026
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Indian rupee rebounds 15 paise to 91.50 against US dollar amid improved risk appetite and equities' rise.
The Indian rupee regained 15 paise to trade at 91.50 against the US dollar after improved risk appetite following a leader's statement removing imminent tariff threats on Europe; domestic equity gains aided the rebound. The currency remains vulnerable to external shocks from geopolitical uncertainties and a pending US trade agreement, with continued foreign institutional investor sell-offs signalling potential ongoing pressure.
January 22, 2026
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National news schedule: Congress dialogue on MGNREGA; pleas on Waqf Amendment, EC party rules and electoral roll SIR.
The schedule highlights parliamentary consideration of multiple amendment bills including a provision on removal from office tied to bail within 30 days, and lists Supreme Court and high court petitions: a challenge to the Waqf Amendment Act 2025; a petition directing the Election Commission to frame rules for political party registration and regulation; challenges to the Commission's decision to undertake a summary improvement review (SIR) of electoral rolls; and other pleas concerning demolition directions and an airline crisis PIL.
January 22, 2026
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International trade and global energy transition conference examined aligning trade rules with climate and sustainable energy goals.
The Centre for Trade and Investment Law and National Law University Odisha convened an international conference under the WTO Chairs Programme on the role of the multilateral trading system in supporting the global energy transition, focusing on aligning trade rules with clean energy deployment and sustainability objectives and examining green industrial policy, sustainable trade frameworks, carbon governance, regulatory practices and challenges for developing economies.
January 22, 2026
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India-Myanmar trade: both sides commit to boost connectivity, AITIGA review, and expand bilateral commerce to USD 5 billion.
India and Myanmar agreed to improve cross border connectivity and trade facilitation by reopening and upgrading key land border posts, promoting the Rupee Kyat trade settlement mechanism, streamlining financial and customs processes, and pursuing an expeditious, balanced review of AITIGA to make the agreement more trade facilitative, with coordinated follow up among relevant agencies.
January 22, 2026
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Senior citizen duped in digital arrest scam losing Rs16.5 lakh to fraudsters posing as investigators via Signal video calls.
A 75-year-old retiree was duped of Rs 16.5 lakh after fraudsters impersonated anti terror and investigative agency officers, compelled him via Signal video calls to transfer funds under the pretext of verifying alleged illicit receipts linked to a blast probe, and then cut off contact; the victim filed a complaint and police registered a case against unidentified persons.
January 22, 2026
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Argentina opens tariff-free quota for 50,000 EVs under USD 16,000, enabling large-scale Chinese imports and import liberalization.
Argentina established a tariff-free quota allowing up to 50,000 electric and hybrid cars priced under USD 16,000 to enter tariff-free this year, paired with broader customs and import facilitation reforms that reduce prior levies and trade frictions and thereby enable increased market access for low-priced foreign electric vehicles.
January 22, 2026
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ICE memo allows officers to enter homes using administrative warrants, raising Fourth Amendment concerns nationwide.
An internal ICE memo authorises officers to use force to enter private residences based solely on administrative warrants to arrest persons with final orders of removal, reversing prior practice that relied on judicial warrants for home entries; the memo cites a DHS legal determination that administrative warrants are not prohibited by the Constitution or immigration law, has been used in training according to a whistleblower, and raises significant Fourth Amendment concerns.
January 22, 2026
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Greenland deal framework rescinds tariff threats, citing NATO Arctic security and a long term agreement, said Trump
President Trump withdrew threatened tariffs on several European countries after announcing a NATO-linked framework on Arctic security and Greenland, describing the arrangement as a long term "infinite" deal, declining to name a purchase price, and responding ambiguously about consequences if Denmark refuses to sell; markets and European leaders reacted to the tariff reversal and contentious rhetoric.
January 22, 2026
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US cancels tariff threat after NATO framework; seeks negotiations over Greenland while affirming no planned military invasion.
President Trump withdrew a threatened tariff on European allies after agreeing with NATO leadership on a framework for a future Arctic security arrangement addressing US interest in Greenland; he urged immediate negotiations over Greenland while stating he would not use military force. Danish and Greenland authorities reaffirmed sovereignty red lines, emphasized diplomatic engagement and crisis preparedness, and underscored that any territorial transfer must respect existing sovereignty and alliance institutions.
January 22, 2026
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US push for control of Greenland: tariff threat withdrawn, military seizure renounced, claim maintained amid Arctic security talks.
President Trump withdrew a tariff threat against several European countries and publicly renounced using military force to seize Greenland while reiterating a claim to "right, title and ownership" of the territory. He announced a negotiated "framework of a future deal" on Arctic security with NATO leadership, combining an asserted territorial claim and security diplomacy while preserving reference to overwhelming military capability as leverage.
January 22, 2026
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US seeks control of Greenland for Arctic security, denies military invasion, but threatens tariffs to force negotiations.
President Trump sought US acquisition of Greenland for Arctic security, disclaimed military invasion but threatened escalating import tariffs on Denmark and allies to compel negotiations; Danish and European officials affirmed Greenlandic sovereignty, warned against coercion, and signalled united responses to potential trade measures, while Greenland advised civilian preparedness.
January 22, 2026
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EU Anti-Coercion Instrument enables targeted trade and investment restrictions to deter third country economic coercion, activation takes six months.
The European Union's Anti Coercion Instrument authorises targeted trade and investment measures-including curtailing exports and imports, excluding countries or companies from EU public procurement, and limiting foreign direct investment-to deter third country economic pressure on Member States or corporations. Adopted in 2021 after coercive action against a Member State, the Instrument is designed for deterrence and requires at least six months to activate.
January 22, 2026
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Bengaluru promoted as India's investment gateway, highlighting tech, AI, semiconductors, infrastructure and tax distribution concerns.
Karnataka is promoted as a premier investment destination with Bengaluru as the gateway, highlighting opportunities in technology, AI, semiconductors, startups, and health care alongside major infrastructure and state mobility projects; the piece also flags a fiscal concern that Karnataka contributes a high share of central taxes yet receives a smaller proportion back, framing tax distribution as a policy issue affecting the state's economic competitiveness.
January 21, 2026
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Senior citizen duped into transferring Rs 16.5 lakh after 'digital arrest' impersonation via Signal video call.
Callers impersonating anti-terror and national investigation officers placed a 75-year-old under a digital arrest allegation, instructed him to download Signal, and during a video call claimed his linked bank account had received laundered funds; they coerced him to transfer Rs 16.50 lakh for verification before blocking his number, after which he lodged a complaint and cyber police registered a case against unidentified persons.
January 21, 2026
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CPDL switches to monthly electricity billing with tech upgrades and mobile access to duplicate bills for consumers.
CPDL transitioned from a bi monthly to a monthly billing cycle for all domestic and non residential consumers, effective January 19, 2026, pursuant to Joint Electricity Regulatory Commission directions, with supporting meter reading modernisation, technology upgrades, and mobile access to duplicate bills at no extra cost to improve billing accuracy, transparency, and operational efficiency.
January 21, 2026
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India-US trade: Trump praises PM Modi and says they will secure a good deal at Davos.
US President Donald Trump expressed personal regard for Prime Minister Narendra Modi and indicated an intention to conclude a favourable bilateral trade deal, stating this in a brief reply about the India-US trade agreement at the World Economic Forum in Davos.
January 21, 2026
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India's economic role shifts to pivotal, driven by digital public infrastructure, inclusion, innovation and scale.
India is reframed as pivotal to the global economy, driven by scale, institutional trust and resilience. This transition is credited to the creation of digital public infrastructure-digital identity, real-time payments and consent-based data sharing-that lowers transaction costs, formalises entrepreneurs and enterprises, enables inclusive growth by design, and supports innovation, manufacturing expansion and AI adoption; these combined factors position India as essential to global value chains rather than merely an emerging market.

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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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