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    Following are the top foreign stories at 2000 hours
    Education stakeholders seek stronger fiscal push in Union Budget for the sector
    WEF Davos: CFI, Bharti show interest in setting up data centres in Karnataka
    WEF 2026: SICC partners with Karnataka govt to strengthen industrial ties
    Bihar govt to organise camps for life certificates of pension beneficiaries
    Deepinder Goyal to step down as Eternal Group CEO; Blinkit's Albinder Dhindsa to succeed him
    Trump repeats claim he stopped India-Pakistan war
    People vote with faith that elected representatives will raise their concerns: Om Birla
    India 'stopped' buying oil from Russia, claims US Treasury Secretary
    Trump in Davos: Protests outside, overflowing rooms inside WEF venue
    Bank unions seek Mamata's moral support on strike
    Staff cuts, non-tariff barriers pose India FTA delivery risks, warns UK Parliament panel
    TN govt, SanchiConnect join hands to accelerate growth of deep tech startups
    Retail inflation for farm, rural workers rises a tad in December
    Divisions emerge among western European nations over Trump's Board of Peace for Gaza
    CTIL and Gujarat National Law University Organize 9th International Conference on Law and Economics at Gandhinagar
    Gold soars near Rs 1.60 lakh/10g; silver hits record Rs 3.34 lakh/kg on global buying rush
    EU lawmakers vote to block Mercosur trade agreement over legal concerns
    India@Davos: Leaders highlight economic growth, sustainability roadmap
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January 21, 2026
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Trade measures, FTA delivery risks, and legal challenges to embassy plans highlight cross-border regulatory and transparency issues.
Claims that India stopped buying Russian oil after a US tariff raise implicate trade sanctions and import sourcing; warnings that staff cuts and non-tariff barriers threaten UK-India FTA delivery emphasise administrative capacity and non-tariff barrier mitigation. Separately, a crowdfunded legal challenge targets a proposed China-owned embassy on planning and community-rights grounds, while Pakistan's new law granting secrecy to lawmakers' assets raises transparency and statutory secrecy concerns; participation in a US-proposed Gaza board is questioned absent UN auspices.
January 21, 2026
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Education stakeholders seek stronger Union Budget funding for NEP aligned teacher training, digital infrastructure, vocational programmes, and equity.
Stakeholders seek stronger fiscal commitment in Union Budget 2026 to implement NEP 2020 by increasing education allocations, funding teacher professional development, expanding digital and physical infrastructure for AI and blended learning with equitable reach to rural schools, scaling vocational and skill based programmes, promoting public private partnerships and academia industry collaboration, and instituting measures to strengthen institutional capacity and measurable outcomes.
January 21, 2026
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Karnataka attracts proposals for data centres, manufacturing and R&D investment, emphasising infrastructure support and policy continuity.
CFI Technologies and Bharti Enterprises signalled plans to expand data centre facilities in Karnataka, including into tier 2 cities, with Sify Technologies and others preparing inaugurations. Discussions emphasised connectivity, land availability and infrastructure support. Manufacturing and consumer goods firms reviewed investments and procurement relationships, with Carlsberg reiterating a Rs 350 crore bottling commitment. Imperial College London indicated interest in an R&D centre in KWIN City and partnerships with local institutions. Renewable energy, grid management and water infrastructure firms discussed projects linked to the state's industrial ecosystem, while the Karnataka government stressed policy continuity, regulatory certainty and full facilitation to enable timely execution.
January 21, 2026
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SICC-Karnataka MoU strengthens Swiss investment framework under TEPA and EFTA, enabling structured company-government engagement and execution support.
A memorandum of understanding between the Swiss Indian Chamber of Commerce and Karnataka creates a framework under the Trade and Economic Partnership Agreement and India-EFTA to strengthen Swiss industry engagement through investment facilitation, structured company-government dialogue, and execution support, aligning Karnataka's engineering, precision manufacturing, and innovation strengths with Swiss commercial capabilities to support long-term investment and expansion.
January 21, 2026
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Bihar pension beneficiaries to get monthly local camps for physical verification and life certificate issuance to maintain pension access.
Bihar will hold monthly block- and panchayat-level camps for physical verification and issuance of life certificates to pension beneficiaries to address name, Aadhaar and thumb-impression problems and prevent disruption of pensions. Verification of about 80 lakh beneficiaries has been completed; Common Service Centres will issue life certificates free for those who can access them. The state provides pensions to 1.16 crore beneficiaries across six social security schemes.
January 21, 2026
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Eternal leadership change: Albinder Dhindsa to succeed Deepinder Goyal as Group CEO; unvested ESOPs revert to pool.
Eternal will replace Deepinder Goyal as Group CEO with Albinder Dhindsa effective February 1; Goyal will become Vice Chairman and Director pending shareholder approval for a five-year term. Dhindsa will own day-to-day execution and operating decisions, Blinkit is identified as the largest growth opportunity, and all of Goyal's unvested ESOPs will revert to the ESOP pool to support retention and avoid incremental shareholder dilution while preserving alignment with long-term shareholder value.
January 21, 2026
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US President Trump reiterated he stopped an India-Pakistan war and emphasized Greenland's strategic importance at Davos.
President Trump reiterated claims he stopped a war between India and Pakistan and argued Greenland's primary value is strategic positioning between the US, China and Russia rather than mineral resources; he also criticized Europe, NATO, clean energy proponents, and past US presidents, including Joe Biden.
January 21, 2026
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Legislature must convert citizens' concerns into outcomes, increase sittings, curb disruptions, and adopt digitisation and AI.
The address asserts that the legislature must convert citizens' concerns into concrete outcomes through meaningful debate, increase legislative sittings with a suggested minimum of 30 days annually for state legislatures, and reduce disruptions so Houses function for discussion and committee work. It also assigns presiding officers a duty of impartial leadership to strengthen responsiveness, transparency and accountability, and promotes digitisation and AI-driven research support to enhance lawmaking, oversight and legislator capacity.
January 21, 2026
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India stopped buying Russian oil after US tariffs, says US Treasury Secretary, and a Senate bill seeks higher resale duties.
US Treasury Secretary claimed India stopped buying Russian oil after the US imposed a 25 percent tariff on purchases of Russian crude and a 50 percent tariff on India; a Senate bill proposing a 500 percent tariff on secondary resale has committee backing, and Treasury suggested presidential authority under IEEPA may be sufficient. The Secretary also criticized European purchases of Russian oil, and CREA data indicate India fell to third place in Russian fossil fuel purchases after major refiners cut imports.
January 21, 2026
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Trump in Davos: speech drew large crowds, overflowed venue and prompted widespread protests and heightened security.
Heightened public-order measures accompanied a high-profile political address as extensive security arrangements surrounded the venue while multiple protest groups assembled outside secured perimeters to vocalise opposition. The Congress Hall reached seating capacity and organisers implemented contingency access measures, including live streaming to adjacent halls and accommodation for standing attendees, yet many remained unable to view the address except via personal devices.
January 21, 2026
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Bank unions seek support for nationwide strike over five-day banking week amid pending government notification and alleged delays.
Bank unions have called a nationwide strike to press for implementation of a five-day work week, alleging that the IBA's recommendation and written commitments to the government await a Department of Financial Services notification, and proposing to extend weekday hours by 40 minutes to avoid man-hour loss.
January 21, 2026
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UK-India trade deal faces delivery risks from UK export staff cuts and India's extensive non tariff barriers to market access.
The UK-India CETA promises substantial tariff savings but faces material implementation risks from near 40% cuts to UK export support staff and India's extensive non tariff barriers, including regulatory opacity, inconsistent implementation, state level frictions, export health certification requirements and Quality Control Orders. The committee urges a resourced government plan to support exporters, monitor use of the deal, deploy trade remedies where required, set a prompt implementation timeline, and establish enforceable expectations on human rights in supply chains; it also highlights that absence of a concluded bilateral investment treaty leaves investor protection unresolved.
January 21, 2026
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Tamil Nadu deep tech startups to receive structured mentorship, market and investor access under a government-SanchiConnect partnership.
The Government of Tamil Nadu and iTNT have partnered with SanchiConnect to deliver structured, long term acceleration programmes for deep tech startups, offering curated mentorship, industry networks, market access and investor outreach to move ventures from prototype development to enterprise adoption and investment readiness, with a focus on extending support into tier II and III cities through the Tamil Nadu Technology Hub.
January 21, 2026
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Retail inflation for farm and rural workers rose slightly in December 2025, per Labour Bureau CPI data.
Labour Bureau data show a slight month on month rise in retail inflation for agricultural and rural workers in December 2025, with CPI for Agricultural Labourers and CPI for Rural Labourers increasing marginally from November. Food inflation for both cohorts remained negative but improved versus November. The release uses 2019 as the base year and is based on price data from 787 sample villages across 34 states and Union Territories.
January 21, 2026
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Trump's Board of Peace for Gaza faces European refusals amid concerns it could supplant the UN.
The piece describes international disagreement over the proposed Board of Peace for Gaza, with some Western European states refusing invitations due to concerns the body could supplant the United Nations. The board's Gaza executive committee would implement the ceasefire's second phase-deploying an international security force, disarming militants, supervising reconstruction, and overseeing Palestinian technocrats-while membership, selection, and coordination questions remain unresolved.
January 21, 2026
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Law and economics conference highlights WIPO TKGR Treaty TRIPS interface, India's health services trade and regulatory challenges.
The conference examined the interface between the WIPO TKGR Treaty and the TRIPS Agreement, highlighting risks of fraudulent disclosures and wrongful patent grants based on traditional knowledge, the robustness of India's patent regime, and compliance challenges. It also analysed trade in health services-temporary movement of natural persons, cross-border delivery modes, visa and insurance barriers, Mutual Recognition Arrangements, digital health and AI-stressing institutional, regulatory and fiscal measures to align commercial growth with access objectives.
January 21, 2026
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Gold and silver prices surge to record highs amid safe haven demand, tight supply, weak rupee and geopolitical tensions.
Gold and silver reached domestic record highs driven by persistent safe haven demand, strong inflows into precious metal ETFs, tight local supply and a weaker rupee, producing a domestic premium over international prices while international spot metals rose amid geopolitical tensions and higher global yields.
January 21, 2026
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EU Mercosur trade agreement referred to top court over legality; provisional application may proceed pending ruling.
Lawmakers referred the signed EU Mercosur free trade agreement to the European Court of Justice to assess treaty compatibility, delaying parliamentary approval pending the Court's ruling while the European Commission may proceed with provisional application; political objections emphasised agricultural protections and the pact envisages phased elimination of over 90% of tariffs between the EU and Mercosur members.
January 21, 2026
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India's growth and sustainability roadmap calls for investment, grid modernisation, green finance and stronger carbon markets.
Leaders prioritised rapid expansion of renewable energy and grid stability, requiring substantial additional investment, technology sharing, blended finance and supportive policy frameworks. Key operative proposals include harmonised reporting and taxonomy, a green financing agency, grid digitisation, scaled carbon markets, and deployment of carbon capture utilisation to enable the 500 GW by 2030 target while leveraging regulatory stability and investor returns.
January 21, 2026
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Military corruption charges allege money laundering and abuse of power tied to defence procurement, prompting procurement reforms.
Prosecutions allege money laundering by a former army chief and spouse, and abuse of power and criminal breach of trust by a former defence forces chief, arising from an anti-corruption investigation into defence procurement; investigators report raids, arrests, seizures of cash and luxury goods, frozen accounts, and additional senior officers under investigation, with investigation papers to be submitted to prosecutors.

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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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