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    AI benefits must be distributed evenly to avoid it becoming a bubble: Nadella
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January 20, 2026
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Artificial intelligence must deliver broadly shared benefits, with public private coordination on infrastructure and data sovereignty.
Artificial intelligence must deliver broadly shared social and economic gains rather than concentrate value on technology suppliers; policy and private choices should prioritise equitable benefits across education, healthcare, industry and communities, measuring success by improved outcomes rather than technology deployment alone. Public private coordination is required to provide enabling infrastructure, address data sovereignty, and align incentives so AI accelerates productive outcomes and sustainable economic growth instead of creating an AI bubble.
January 20, 2026
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China invited to join Gaza peace board; it confirmed receipt but gave no commitment, citing sovereignty and cooperation principles.
The US invited China to join a proposed international peace board linked to Gaza post-ceasefire stabilization; China confirmed receipt of the invitation but gave no commitment. Beijing highlighted that China-US relations attained overall stability amid tensions, expressed willingness to cooperate to promote steady bilateral development, and insisted it will firmly uphold its sovereignty, security and development interests, saying any engagement will be guided by equality, mutual respect and reciprocity.
January 20, 2026
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Stock market tumble driven by tariff threats, foreign fund outflows and currency weakness spurred broad-based selling and volatility.
Escalating geopolitical tensions and threatened use of tariffs as a foreign policy tool triggered broad-based selling in Indian equity benchmarks, compounded by foreign institutional outflows and rupee weakness; domestic institutions provided partial buying support while rising safe-haven demand and higher crude prices amplified volatility across regional markets.
January 20, 2026
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Lab-grown diamond sector: Bakul Limbasiya honoured with APO National Award recognizing pioneering contributions and industry leadership.
Bakul Limbasiya received the APO National Award for contributions to productivity, innovation, and leadership in the lab-grown diamond sector, recognizing his pioneering work since the late 1990s, production of India's first lab-grown diamond in 2004, and his role in advancing CVD technology, responsible manufacturing, export orientation, and an integrated, technology-driven Indian lab-grown diamond ecosystem through Bhathwari Technologies Pvt. Ltd.
January 20, 2026
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Indian rupee hits record low 90.97 against US dollar amid fund outflows and import-driven dollar demand.
The rupee closed at a record low of 90.97 against the US dollar due to strong dollar demand from metal importers and persistent foreign institutional investor outflows; geopolitical uncertainty and US expansionary signals increased risk aversion, while a weaker dollar and limited RBI intervention prevented a sharper fall; analysts expected USD INR to trade in a 90.70-91.25 range.
January 20, 2026
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ChemVolt Global signs MoU to build a 5 GWh lithium ion cell gigafactory in Andhra Pradesh with phased capacity rollout.
A Memorandum of Understanding commits ChemVolt Global to invest INR 2,500 crore to establish a 5 GWh lithium ion cell gigafactory in Andhra Pradesh, implemented in two phases (1 GWh by Q3 2027; additional 4 GWh by Q2 2029). The plant will manufacture 314 Ah and 750 Ah prismatic cells for grid scale, heavy EV and C&I applications, and is expected to create about 1,500 direct and over 4,000 indirect jobs while strengthening domestic battery supply chains.
January 20, 2026
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Aadhaar enrolment centres project awarded to private firm under five-year contract to provide enrollment and lifecycle services.
A Rs 100-crore five-year contract was awarded to a private AI and tech-enabled company to establish and operate Permanent Enrollment Centres for Aadhaar, with responsibility to implement PEC infrastructure, integrate with UIDAI systems, and carry out Aadhaar enrolment, updates, supplementary services, and lifecycle management for residents.
January 20, 2026
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Switzerland supports a rules-based international order and free trade while seeking diversified trade and scientific relations.
Switzerland affirms support for a rules-based international order and free trade, seeks to diversify trade and scientific relations, and intends to expand networks of trade agreements through negotiations on an equal footing to secure mutually advantageous outcomes while relying on dialogue and personal contacts.
January 20, 2026
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UST acquires Tailwind to expand digital banking implementation, modernization, and support capabilities across global markets.
UST acquired Tailwind Business Ventures to integrate Tailwind's AI-based digital banking implementation, legacy modernization, product and project management services, and platform partnerships into UST's offerings, thereby expanding UST's market share in digital banking implementation and support across LATAM, APAC, Africa, and North America; the transaction value was not disclosed.
January 20, 2026
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California governor urges Europe to resist US tariff threats and defend its trade interests and sovereignty.
Governor Gavin Newsom urged European governments to resist US tariff measures tied to support for Greenland, characterizing those measures as economic coercion and calling for a coordinated, firm European stance to defend collective trade interests, focusing on political advocacy rather than legal remedies.
January 20, 2026
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India economic prospects highlighted at Davos; leaders pitched states as safe investment destinations and growth engines.
Central and state leaders at the World Economic Forum promoted India's rapid economic ascent and marketed subnational investment strategies, portraying India as an increasingly attractive and safe destination for capital. The India Pavilion, hosting the union government and ten states, served as the platform for highlighting national reforms, market democratization, sectoral prioritization, and state initiatives that convert investor interest into deals to accelerate growth.
January 20, 2026
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Unorganised sector workers mobilised for labour rights and social security awareness conference to seek access to welfare schemes.
Conference aimed to strengthen awareness of labour rights and access to social security for unorganised railway goods shed workers, promoting understanding of statutory entitlements, welfare schemes, and enforcement responsibilities while urging organised union action, legal literacy, and institutional engagement to address job insecurity, inadequate wages, occupational health and safety deficits, and gaps in social protection.
January 20, 2026
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OPPO Reno15 Series launches with immersive cinema reveal and hands-on pop-up experience timed to Pongal.
OPPO launched the Reno15 Series in Tamil Nadu with Khushi Advertising and PVR INOX, staging a 3D anamorphic on-screen reveal followed by a physical in-auditorium unveiling for pre-booked customers. The campaign, timed to Pongal and a film release to increase footfall, included an 8x7 ft pop-up experience store, a 7x7 ft selfie setup and branded installations to showcase camera innovations like the Popout feature and enable hands-on engagement.
January 20, 2026
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ICSI elects new President and Vice President-experienced company secretaries with expertise in corporate law and regulatory compliance.
ICSI elected CS Pawan G Chandak as President and CS Dwarakanath Chennur as Vice President effective 19 January 2026. Both are senior Company Secretaries with extensive practice and leadership experience within ICSI; the President specialises in labour law, foreign exchange law, secretarial audit and corporate restructuring, and the Vice President is an Insolvency Professional with expertise in corporate law, FEMA/RBI and SEBI compliance. The release underscores ICSI's statutory role under the Company Secretaries Act, 1980 in regulating the profession and its emphasis on education, standards and regulatory compliance.
January 20, 2026
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Alleged liquor scam: multiple bail petitions and a probe agency challenge scheduled for hearing next week.
Hearing of over forty petitions in the alleged liquor scam was deferred to January 28, encompassing accused bail applications and a probe agency challenge to bail for Chaitanya Baghel; notices were issued on a petition by Saumya Chaurasia, who was re-arrested after prior bail, and counsel argued the re-arrests represent repetitive filings despite unchanged allegations and material since 2019.
January 20, 2026
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D K Shivakumar challenges ED money laundering probe as re investigation and abuse of process; hearing March 10.
D K Shivakumar seeks quashing of an ED ECIR and summons, alleging the present inquiry is a re investigation, an abuse of process and violative of protection against double jeopardy, and relies on an earlier undertaking of no coercive action. The ED contends the two ECIRs concern different facts, offences and quantums of proceeds, links the present probe to a separate FIR and disproportionate assets findings from a preliminary enquiry, and argues double jeopardy claims are premature at the investigation stage.
January 20, 2026
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Best astrologers in Kolkata 2026 promoted, listing leading practitioners, claimed awards, services, and contact information.
Promotional profiles present several Kolkata astrologers labeled "best astrologer in Kolkata 2026," led by Swami Ramananda Guruji who is described as a master of Manopravesh Vidya and multiple traditional and complementary practices; the release lists asserted awards, governmental recognitions, charitable activities, consultation modes (website, phone), and multimedia links. Four supporting practitioners are summarized with their specialties, client bases, outreach channels, and contact details. The text operates as a press release emphasizing endorsements and promotional corroboration rather than an evidentiary legal record.
January 20, 2026
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Best astrologers in Chennai 2026: promotional list highlighting Swami Ramananda Guruji's awards, services, telepathy, and other practitioners.
Promotional press release presenting Swami Ramananda Guruji as the leading astrologer in Chennai for 2026, asserting awards, expertise in Vedic and Western astrology, telepathy/Manopravesh, healing services, high profile clientele, and providing web links and contact numbers; the release also lists other named Chennai astrologers with their specialties, claimed experience, and contacts, and includes a disclaimer that the distributor takes no editorial responsibility.
January 20, 2026
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Alleged Rs 366 crore money laundering and bribery ring in MAWS transfers reveals systemic corruption and asset diversion.
Investigators report recovered communications, photographs and documents alleging systematic payment of bribes in MAWS transfer, posting and recruitment matters-alleged instances involving about 340 officials with bribe amounts from several lakhs to around one crore each, totaling approximately Rs 365.87 crore-funds allegedly invested in real estate, foreign assets, gold and luxury expenditure; the enforcement agency used its statutory information sharing power to request registration of a criminal case to serve as a predicate for a PMLA prosecution.
January 20, 2026
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Five booked for killing after alleged Aadhaar-linked phone credit dispute led to a fatal shooting.
Five persons, including a village head, were booked after an alleged dispute over instalments for a mobile phone-purchased on credit using an accused's Aadhaar-led to a confrontation in which one accused allegedly shot a 21 year old in the abdomen; the victim died during treatment and police registered a murder case with investigation ongoing.

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AI benefits must be distributed evenly to avoid it becoming a bubble: Nadella

January 20, 2026

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Davos, Jan 20 (PTI) Microsoft CEO Satya Nadella on Tuesday said the goal of artificial intelligence should be to improve everyone's lives, from education outcomes to public sector efficiency.

Speaking at a session here during the World Economic Forum Annual Meeting, Nadella said it will be a "tell-tale" sign of a bubble if all the AI talk focused only on the supply side or the technology companies.

He said the role of AI needs to be examined across all aspects of life, such as how it is helping pharma companies bring critical drugs faster to the market or accelerate trials.

He called for AI-driven economic growth rather than just increasing spending.

He spoke about how AI and other advanced technologies are increasing productivity and changing the way we work.

"We as a global community have to get to a point where we are using AI to do something useful that changes the outcomes of people and communities and countries and industries," Nadella said.

He also discussed the need for public-private cooperation to ensure that the AI revolution is supported by adequate energy infrastructure and examined data sovereignty and the risk of a so-called AI bubble.

Nadella said the benefits of artificial intelligence (AI) need to be "much more evenly distributed" to avoid it from becoming a "bubble". PTI BJ BAL BAL

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