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    WEF 2026: Adani Group sets out Rs 6 lakh cr investment blueprint for India
    In their words: Trump's threats over Greenland draw warnings and profanities at global forum
    Stock markets fall in early trade amid geopolitical tensions, foreign fund outflows
    Rupee falls 31 paise to all-time low of 91.28 against US dollar in early trade
    CCI approves proposed acquisition of certain shareholding in RBL Bank Ltd. by Emirates NBD Bank (P.J.S.C.)
    CCI approves acquisition of certain equity stake in Apollo Health and Lifestyle Limited (Target) by Apollo Hospitals Enterprise Limited (Acquirer)
    CCI approves proposed combination between Bhushan Power and Steel Ltd, JSW Sambalpur Steel, JFE Steel Corp. and JSW Kalinga Steel
    CCI approves acquisition of 50.01% equity share capital of Thriveni Pellets Pvt Ltd by Tata Steel Ltd
    Trump recaps first year back in office with winding remarks, paper tossing and impressions
    Trump puts next steps on Gaza ceasefire plan at risk by antagonising Europe over Greenland
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    Trump takes more even tone on Greenland, a day after bombast
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    Democratising technology India's key feat, world curious at Davos: Vaishnaw
    Trump says he doesn't 'know what Supreme Court' will do on tariffs
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January 21, 2026
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Adani Group unveils a Rs 6 lakh crore investment blueprint across aviation, clean energy, urban infrastructure and advanced manufacturing.
Adani Group announced an over Rs 6 lakh crore investment programme across aviation, clean energy, urban redevelopment, digital platforms and advanced manufacturing, focusing on integrated, technology led infrastructure platforms. Projects include aviation and aerospace development and solar capacity in Assam, cement and supply chain investments, and urban redevelopment, airport linked logistics and green data centres in Maharashtra. Several components-large renewable and pumped storage projects, semiconductor and display fabrication, and a nuclear power project-are tied to regulatory and policy frameworks, requiring sectoral permits and government engagement to align with energy transition and manufacturing self reliance objectives.
January 21, 2026
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Greenland crisis: leaders warn that territorial ambitions tied to tariffs threaten sovereignty and rules-based trade, urging coordinated response.
Leaders at the World Economic Forum condemned proposals to pursue control over Greenland and to employ tariffs as leverage, characterising such actions as territorial ambition coupled with economic coercion. They warned that using trade measures to influence sovereignty undermines norms of international cooperation and urged middle powers to coordinate diplomatically and economically to defend Greenland's right to self-determination and to preserve rules-based trade relations.
January 21, 2026
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Stock markets fall amid geopolitical tensions, tariff threats and sustained foreign fund outflows, boosting volatility.
Equity benchmarks opened lower due to heightened geopolitical tensions, renewed tariff threats and sustained foreign institutional selling; FIIs registered net outflows while DIIs bought, with US and several Asian markets also weak and Brent crude down, contributing to intra-day declines and elevated volatility.
January 21, 2026
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Rupee drops to record low amid dollar demand and risk aversion; sustained weakness may prompt RBI intervention.
Rupee depreciation to an all-time intraday low of 91.28 is attributed to strong dollar demand, geopolitical risk, and foreign capital outflows; sustained breaks above 91.07 could extend weakness toward 91.70-92.00 unless restrained by central bank intervention, with immediate downside support cited in the 90.30-90.50 range.
January 21, 2026
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Acquisition of RBL Bank shareholding by Emirates NBD involves open offer, preferential allotment and amalgamation.
Approval of a combination in which Emirates NBD Bank proposes to acquire up to 74% of RBL Bank by: a mandatory open offer under SEBI rules representing up to 26% of expanded voting capital; a preferential allotment up to 60% of paid-up equity; and the proposed amalgamation of ENBD's India branch operations into RBL on a going concern basis.
January 21, 2026
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Apollo Hospitals to increase stake in Apollo Health and Lifestyle to 99.42% following regulatory approval.
Approval granted for the Proposed Combination in which Apollo Hospitals Enterprise Limited will acquire an additional 30.58% equity stake in Apollo Health and Lifestyle Limited, increasing its shareholding from 68.84% to 99.42%, effecting near-complete consolidation of the Target by its listed parent that operates across healthcare services, diagnostics and telemedicine; a detailed Commission order will follow.
January 21, 2026
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Steel business transfer via slump sale and 50% JFE stake will create a 50:50 joint venture with JSW Steel.
The Commission approved the transfer of Bhushan Power and Steel Limited's steel business to JSW Sambalpur by way of a slump sale, and JFE Steel Corporation's acquisition of 50% of JSW Kalinga, producing an indirect 50% holding in JSW Sambalpur; JSW Kalinga and JSW Sambalpur will be operated as a 50:50 joint venture between JFE and JSW Steel Ltd.
January 21, 2026
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Tata Steel acquisition of 50.01% stake in Thriveni Pellets approved, affecting iron ore pellet production and sales.
The Commission approved Tata Steel Limited's acquisition of 50.01% equity in Thriveni Pellets Private Limited from Thriveni Earthmovers Private Limited, giving Tata Steel majority control of a company engaged in production and sale of iron ore pellets; TPPL's subsidiary Brahmani River Pellets Limited also produces and sells iron ore pellets in India.
January 21, 2026
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President Trump's remarks invoked the Insurrection Act, ordered active duty readiness, threatened tariffs, and cited an executive order on mental health facilities.
President Trump announced readiness orders placing 1,500 active duty soldiers for potential domestic deployment and invoked the Insurrection Act as the statutory mechanism to authorize military involvement in U.S. streets. He publicized immigration removals, threatened tariffs on European partners as negotiation leverage, and cited an executive order to reinstate institutional mental health facilities, illustrating use of executive authority across domestic security, social policy, and trade domains.
January 21, 2026
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Trump's Greenland threats risk international backing for a Board of Peace overseeing the Gaza ceasefire plan.
The proposed multilateral "Board of Peace" to oversee a Gaza ceasefire faces significant risk after the US President's provocative actions alienated key European partners; with the charter still draft and limited acceptances, allies fear the Board could rival the United Nations. Diplomatic fallout from threats over Greenland and tariff threats has reduced European willingness to join, jeopardising the Board's legitimacy and any plan to expand its remit to other conflicts unless allied confidence and clear relations with the UN are restored.
January 21, 2026
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Colombia reduces legislators' wages by cutting the relocation-linked bonus, lowering pay about 30% effective in July after elections.
The executive decree eliminates the special services bonus for members of Congress, reducing legislators' monthly pay by about 30% from roughly USD 13,000 to USD 9,400; the measure is justified as an austerity response to disproportionate legislative compensation and budgetary pressures, and will take effect in July after the newly elected Congress is seated, within a broader economic emergency framework to raise revenue for public obligations.
January 21, 2026
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U.S. announces 10% import tax on goods from eight European nations over Greenland dispute and national security concerns.
The president announced a 10 percent import tax effective in February on goods from eight European nations aligned with Denmark over Greenland, framing the tariff as a national security and fairness measure tied to U.S. territorial interests; he signalled willingness to negotiate with NATO partners, declined to confirm prior statements about retaking the Panama Canal, refused to attend a European emergency meeting on the dispute, and outlined related foreign-policy positions including comments on a U.K. military base and proposals for a presidential "Board of Peace" related to U.N. effectiveness.
January 21, 2026
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Immigration enforcement probe targets whether officials' statements or actions obstructed federal operations and seeks related records.
Federal prosecutors served grand jury subpoenas on state and local offices seeking records about cooperation or refusal to assist federal immigration officials, focusing on whether public statements or actions obstructed enforcement and on potential conspiracy or obstruction statute violations, while parallel civil litigation challenges the enforcement surge and raises constitutional claims including free speech and limits on federal conduct.
January 21, 2026
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Greenland: US pursuit of control cited as national security priority, prompting diplomatic tensions with European allies.
US pursuit of control over Greenland is presented as a national security measure, reiterated by the President despite a recent softer tone; disclosure of private messages and refusal to attend an emergency meeting called by European leaders have intensified diplomatic tensions and raised questions about alliance cohesion and consultative processes.
January 21, 2026
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Greenland acquisition dispute prompts emergency European meeting; leader declines to attend amid tariff tensions overseas.
The document identifies a dispute over a proposed territorial acquisition of Greenland and the imposition of trade tariffs as the operative issues prompting an emergency European meeting; a national leader declined to attend and publicized private communications, underscoring tensions between multilateral diplomacy and unilateral executive action on territorial and trade policy.
January 21, 2026
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President announces 10% import tax on goods from eight European nations; European leaders strongly criticize the move.
A presidential announcement imposes a 10 percent import tax on goods from eight European nations beginning in February, targeting countries that rallied around Denmark over Greenland; European leaders have sharply criticized the tariff move as inappropriate between long-standing allies and questioned prior assurances against further trade escalation.
January 21, 2026
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Democratisation of technology draws global attention as India invites state participation under cooperative federalism at Davos.
Democratisation of technology is presented as a policy priority to widen access to AI and other innovations, receiving international and industry recognition. The Central government is promoting cooperative federalism by inviting and assisting states to join global delegations, arranging meetings with business leaders, and securing memoranda and strategic partnerships to advance state-level technology initiatives and semiconductor and medtech collaborations.
January 21, 2026
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Emergency tariffs face pending Supreme Court challenge, administration warns of potential repayments and limited options.
Declaration of an economic emergency is used to impose tariffs and restrict trade via licensing, while a pending judicial review challenges that emergency tariff authority. The administration concedes uncertainty about the Supreme Court's outcome, notes possible repayment liability if the authority is invalidated, and emphasizes the use of emergency tariffs as negotiation leverage despite legal and practical constraints.
January 21, 2026
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Trump announces 10% import tax on goods from eight European nations, triggering strong criticism from EU allies.
President Trump announced a 10 percent import tax beginning in February on goods from eight European nations in response to their support for Denmark over Greenland, provoking criticism from European leaders as harmful to allied relations. The measure operates as a customs duty applied to specified trading partners and contributes to diplomatic tensions concurrent with upcoming international engagements. At a White House press briefing marking his term anniversary, the President highlighted a list of administration accomplishments and displayed materials related to immigration enforcement in Minnesota while characterizing legal challenges to that enforcement as without merit.
January 21, 2026
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Trump's planned Greenland tariffs prompt EU to threaten anti-coercion measures and retaliatory trade responses and NATO strain.
President Trump's declaration of a 10% import tax on goods from eight European countries over their support for Denmark regarding Greenland has prompted EU warnings of proportionate retaliation, including retaliatory tariffs, suspension of trade arrangements, or invocation of the EU anti-coercion instrument. Denmark and Greenland insisted on respect for territorial integrity and international law, while allies cautioned that the dispute strains NATO relations and could trigger coordinated economic and security responses.

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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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