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    India, Japan partnership holds immense potential to de-risk global economy: Jaishankar
    Rs 1,621-cr illicit funds routed via mule a/cs in Punjab and Sind bank; CBI books ex-branch heads
    Equity markets to remain open on Budget day on Feb 1
    SC sets aside service tax demand from HT Media on fees paid to global speakers at summit
    India remains engaged with the US: MEA on Chabahar port project
    Reliance reports flat Q3 profit at Rs 18,645 cr as retail weakness weighs
    Jharkhand's Adityapur will be developed to cater to requirements of defence sector: Minister
    India's startup ecosystem enters defining phase, focus shifts to IP-led outcomes: Accel partner Prashanth Prakash
    Nothing wrong in Congress seeking share in power: Sachin Pilot
    IndiGo's Mumbai-Krabi flight delayed over 3 hours, chaos onboard
    Union Minister for Commerce and Industry Shri Piyush Goyal Highlights Growing Self-Confidence Among India’s Youth at Startup Pe Charcha.
    Startup India Has Evolved into a Defining Movement of New India: Prime Minister Shri Narendra Modi.
    Cong attacks AAP for 'raids' on Punjab Kesari newspaper group
    Ajit Pawar's `family reunion' gambit fails in Pune, Pimpri-Chinchwad
    PFRDA promotes NPS adoption among microfinance borrowers for post-retirement security
    Silver defies gravity; hits another record of Rs 2.92 lakh/kg in Delhi
    Aakar Charitable Trust combats rural drought by raising groundwater levels through sustainable water solutions in the water deficient parts of India
    North India's First SkyWalker™ Orthopedic Robotic System Launched at Jindal Hospital, Hisar
    Netrack Elevates Customer Offering While Maintaining Trusted Performance, Supported by Legrand's Global Ecosystem
    Ex-IPS officer Praveen Vashista sworn in as vigilance commissioner in CVC
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January 16, 2026
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India-Japan partnership to strengthen economic security through critical minerals cooperation, AI dialogue and resilient supply chains.
India and Japan agreed to enhance economic security by creating a joint working group on critical minerals to advance collaboration on rare earths and other essential materials, and by launching a formal dialogue on artificial intelligence to guide bilateral cooperation in high technologies. The ministers prioritized resilient supply chains, energy, health, maritime security, and people-to-people links as components of a coordinated Indo-Pacific strategic agenda.
January 16, 2026
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Illicit funds routed via mule accounts at a bank using forged KYC and fabricated documents to launder over Rs 1,621 crore.
The CBI registered FIRs alleging former Punjab & Sind Bank branch heads and others opened and operated 17 mule accounts in names of fictitious firms using forged KYC and fabricated supporting documents, enabling routing, layering and transfer of about Rs 1,621 crore of proceeds from cybercrime and other illicit activities in violation of KYC norms and due diligence requirements.
January 16, 2026
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Equity markets will remain open on Budget day with standard hours and specified pre-open and trading timings.
Exchanges designated February 1 as a special trading day and announced live trading will proceed under standard hours, with a pre-open session from 9:00 a.m. to 9:08 a.m. and normal trading from 9:15 a.m. to 3:30 p.m., notifying investors via exchange circulars that markets will remain open during the Union Budget presentation.
January 16, 2026
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Fees paid to international speakers at summits are not taxable as event management service under reverse charge.
Payments to overseas booking agents for securing international speakers for a summit do not constitute event management service subject to service tax under the reverse charge mechanism because speakers and their agents do not plan, promote, organise or present the event; participation alone is not management, and taxing statutes must be strictly construed.
January 16, 2026
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Chabahar port: India considers transferring committed funds and creating new entity amid US sanctions waiver expiry.
India is reassessing its Chabahar port engagement due to a US sanctions waiver expiring April 26, 2026 and a threatened additional tariff. New Delhi is engaging with the US while considering transferring approximately USD 120 million to end direct government exposure and creating a new non-sovereign entity to continue development, thereby preserving support without sovereign liability.
January 16, 2026
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Reliance Industries Q3 profit nearly flat as retail weakness from GST changes offsets energy and digital gains.
Reliance Industries reported consolidated net profit of Rs 18,645 crore for the third quarter with revenue from operations of Rs 2.69 lakh crore. Retail weakness, principally attributed to GST rate rationalisation, constrained earnings growth, while stronger performance in the energy and digital businesses offset that softness and kept quarterly profit nearly flat.
January 16, 2026
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Adityapur development will target defence manufacturing, integrating regional MSMEs to boost indigenisation and defence exports.
Adityapur is to be developed for defence manufacturing by leveraging its auto parts industry and about 1,500 MSMEs to support indigenisation and participation in defence supply chains, with plans to form a Jamshedpur-Adityapur-Ranchi-Bokaro industrial corridor contingent on state government cooperation and aimed at enhancing defence exports and domestic supplier capability.
January 16, 2026
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India's startup ecosystem is shifting to IP-led, globally credible product and technology companies supported by policy and long-horizon capital.
India's startup ecosystem is shifting from scale to sustained, Intellectual Property-led product and technology development across sectors beyond software. Three emerging archetypes-translational innovation, domain-immersed entrepreneurship, and ventures combining global IP with Indian manufacturing rigour-are driving durable technical advantage. Policy and capital are aligning with this shift through R&D support, procurement pathways and early-stage risk absorption, while investors increasingly target long-horizon, IP-focused outcomes rather than rapid scale alone.
January 16, 2026
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Congress demand for a share in power in Tamil Nadu defended; calls for representation, criticises central allocations, and urges fair elections.
Sachin Pilot defends the Congress demand for a formal share in power within a potential DMK-led government, arguing it enables representation and public service, while noting the DMK has performed well and the BJP/NDA remain weak in the state. DMK leaders have ruled out power-sharing. Pilot also criticises central budget allocations and changes to the rural employment scheme, alleges undue administrative pressure in electoral revision exercises, and calls for fair and transparent elections.
January 16, 2026
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IndiGo Mumbai-Krabi flight delayed over three hours amid crew duty-limit issues and unruly passenger incidents and poor communication.
IndiGo reported the Mumbai-Krabi flight was delayed beyond three hours due to late arrival of the incoming aircraft, air traffic congestion, and the crew exceeding duty time limits; the airline declared two passengers unruly and did not disclose departure times or passenger numbers, while boarded passengers complained of inadequate communication.
January 16, 2026
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Startups: FTAs, Rs.10,000 cr Startup Fund, GeM/ONDC integration, supply chain linkages and reskilling for deep-tech, tourism, and artisans.
The release describes policy measures to accelerate startup growth: priority sector focus on tourism and skill development with technology integration and workforce reskilling; Free Trade Agreements creating market and investor opportunities for cross-border startup collaboration; a second Rs.10,000-crore Startup Fund of Funds to support early-stage deep-tech; Government e-Marketplace and ONDC-based digitisation to enable artisans' market access; and institutional efforts to link startups and small enterprises with large investors and manufacturers to build domestic supply chains.
January 16, 2026
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Startup India expands financing and governance: Fund of Funds, Rs.1 lakh crore R&D fund, state rankings and national awards boost deep tech growth.
The Government's operative startup framework combines targeted capital instruments-an expanded Fund of Funds and a Rs.1 lakh crore R&D fund-with DPIIT recognition for over 200,000 startups to support job creation and deep tech development. Complementary governance and incentive mechanisms include the States' Startup Ranking Framework, assessing six reform areas across nineteen action points to drive measurable ecosystem outcomes, and the National Startup Awards across 20 categories to recognise innovation, scalability, and societal impact.
January 16, 2026
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Punjab Kesari alleges multiple raids and intimidation, Congress accuses AAP of targeting the press and undermining freedom.
Congress accused the Punjab AAP government of using enforcement measures-GST and excise searches, printing-press raids and alleged power interruptions-to intimidate Punjab Kesari, framing these actions as targeting the press and undermining freedom of expression, while the state government denied the newspaper group's allegations.
January 16, 2026
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Municipal elections saw major BJP gains while a contested government land sale involving a partner of Ajit Pawar's son faces investigation.
The article reports a contested 40 acre government land parcel sold at a reduced price to Amadea Enterprises LLP, in which Ajit Pawar's son is a partner, and notes that the deal came under scrutiny after a substantial stamp duty waiver; cases were registered against the seller's co partner and two government officials, presenting allegations of an illegal land sale and initiating a criminal investigation.
January 16, 2026
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Promotion of the National Pension System to microfinance borrowers with enrolment support and pension agents for retirement security.
PFRDA promoted adoption of the National Pension System among microfinance borrowers by presenting the NPS structure, features and benefits and emphasising its suitability for the informal sector. The outreach focused on enrolment and contribution mechanics for low income borrowers and included deployment of pension agents to assist borrowers and explain procedural nuances of joining the scheme.
January 16, 2026
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Silver hits record high in Delhi amid industrial demand, supply concerns and currency-driven market dynamics.
Silver in Delhi hit a record Rs 2,92,600 per kg after sustained stockist buying and persistent industrial offtake, supported by currency dynamics despite weaker international spot prices; analysts link the rise to accelerating industrial demand, supply deficits, and continued investor interest amid short-term profit-taking on firmer US dollar and changed Fed rate expectations.
January 16, 2026
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Aakar Charitable Trust builds check dams and ponds to recharge groundwater, requiring local contribution and maintenance to secure rural water and livelihoods.
Aakar Charitable Trust builds rainwater-harvesting structures (check dams and ponds) to increase groundwater recharge and convert arid land to irrigated farmland, requiring villagers to contribute 30% of project costs and to maintain completed works; where check dams are infeasible, ponds are used. The Trust pairs infrastructure with voluntary social reform pledges to protect income gains and runs complementary programmes in tree plantation, education, and cultural/ecological restoration.
January 16, 2026
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SkyWalkerTM robotic system launched at Jindal Hospital to enable precision, customized total knee replacements for complex and routine cases.
Introduction of the SkyWalkerTM Orthopedic Robotic System at Jindal Institute of Medical Sciences, Hisar establishes a new institutional capability for robot-assisted total knee replacement in North India. The system delivers sub-millimeter precision in joint alignment, uses dynamic gap balancing and kinematic principles, and is integrated with the Evolution Medial-Pivot Knee System to reproduce medial-pivot mechanics and enable customized implantation for routine and complex arthritic cases.
January 16, 2026
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Netrack expands integrated data center infrastructure offerings supported by Legrand's global ecosystem for scalability and reliability.
Netrack expands its integrated data center infrastructure offering through Legrand's global ecosystem, maintaining a focus on reliability and customer-centered performance. The broadened portfolio covers power, distribution, monitoring, containment, and cable management, and targets cloud, enterprise, colocation, and edge use cases. The initiative emphasizes modular scalability, energy-efficient performance, application-ready engineering, and lifecycle-oriented support, and includes a refreshed identity and updated website to improve access to product insights and technical documentation.
January 16, 2026
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Vigilance commissioner appointment: Praveen Vashista sworn in, holding a four-year term or until age 65.
Praveen Vashista was sworn in as Vigilance Commissioner, restoring the commission to full strength; the appointment carries a tenure of four years or until the incumbent attains the age of 65.

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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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