RSP-based valuation of notified tobacco goods: report net sale value as taxable value and tax per RSP formula.
For notified tobacco goods, tax liability must be determined from the RSP using Tax Amount = (RSP x GST rate) / (100 + GST rate) and Deemed Taxable Value = RSP - Tax Amount. Due to transaction-value system validations, taxpayers should report the Net Sale Value (actual commercial consideration) in the taxable value field, report the tax amount computed strictly under the RSP formula, and report Total Invoice Value as Net Sale Value plus the RSP-derived tax amount; these fields are self-assessed and limited to the specified HSNs.

Alt Credit platform offers individual investors access to regulated institutional-quality real estate and corporate private credit.
Alt launched Alt Credit, a SEBI-registered stock broker and Online Bond Platform Provider (OBPP) on NSE, to offer institutional-quality, high-yield asset-backed real estate credit and private corporate bonds to individual investors. The platform lists secured real estate debt (reported yields 14-18%) and private corporate bonds (reported yields 10-14%) with investments from Rs. 25 lakh, and represents transactions executed under a regulated OBPP licence with escrow, trustee oversight, vetted documentation and institutional-grade underwriting.

Luv My India brand launches a direct-to-consumer nationalist lifestyle line promoting everyday patriotism through apparel and home goods.
Luv My India positions everyday patriotism as a daily lifestyle choice by offering Khadi flags, premium apparel, accessories, and home art through a digital first direct to consumer e commerce platform led by founder Vandana Sethhi to create a personal, intermediary free connection with customers.

IIFL Finance declares interim dividend, affirms ratings with positive outlook, notes provisioning above regulatory requirements.
IIFL Finance's release discloses a Board approved interim dividend, affirms credit ratings with an upgraded outlook, reports provisioning above regulatory requirements and improved balance sheet metrics, and contains a standard forward looking statements disclaimer and an explicit statement that the release is not an offer to buy or sell securities.

Rupee hits record low near 92; opposition leader blames central government and demands explanation.
Rupee depreciation to an all-time low near 92 per US dollar occurred amid foreign fund selling and global risk-off sentiment, prompting an opposition leader to publicly fault the central government's economic stewardship and call for explanations; no regulatory or policy actions are recorded.

Textile sector: Minister rejects industry shutdown claims, cites rising exports, job creation and trade agreements.
The Union Textile Minister rebutted claims that a 50% US tariff has caused shutdowns or mass job losses, citing export values of Rs 95,000 crore (April-December 2024) and Rs 1.02 lakh crore (April-December 2025), attributing resilience to market diversification and recent trade agreements, and asserting five crore jobs were created over eleven years while projecting industry growth to USD 350 billion by 2030.

Navia Backup emergency app enables market-based square-off of existing open positions during trading system disruptions.
Navia Backup is a standalone emergency application that enables clients to square off existing open positions at market price using infrastructure independent of Navia's primary cloud, OMS, RMS, and exchange connectivity. Access via the Navia App or website requires Client Code, Date of Birth, and OTP; executions are subject to exchange processing, market conditions, and available liquidity. The tool forbids new order placement, does not display holdings, margins, or market depth, and functions solely as a last-resort risk mitigation mechanism, not as a replacement for core trading systems.

Motorola Signature smartphone combines DXOMARK Gold camera performance, flagship specs, and 24/7 Signature Club service privileges.
Motorola released the Motorola Signature smartphone and moto watch powered by Polar, marketing the phone as an ultra premium flagship with a DXOMARK Gold validated triple 50MP Sony LYTIA camera system (8K/Dolby Vision support) and advanced moto and Google AI imaging features. The device pairs premium materials, IP68/IP69 and MIL STD 810H durability, Snapdragon 8 Gen 5 performance, extensive battery and charging capabilities, a 6.8" Extreme AMOLED display, and a commitment to 7 OS upgrades plus 7 years of security updates. Ownership is extended via a one year complimentary Signature Club subscription providing 24/7 concierge style privileges and time limited commercial offers tied to pricing and redemption terms.

India foreign exchange reserves rose to USD 701.36 billion; central bank used buffers to check rupee volatility.
India's foreign exchange reserves rose by USD 14.167 billion to USD 701.36 billion for the week ended January 16. Foreign currency assets increased by USD 9.652 billion to USD 560.518 billion and gold reserves rose by USD 4.623 billion to USD 117.454 billion, while SDRs fell by USD 35 million to USD 18.704 billion and the IMF reserve position declined by USD 73 million to USD 4.684 billion. The central bank has deployed currency buffers to address rupee volatility.

MIT University Sikkim offers UGC-recognised degrees with vocational focus and selective admissions for rapid job readiness.
UGC recognition under Section 2(f) confirms MIT University Sikkim degrees are valid for government and private employment, postgraduate admissions, international applications, education loans, and certifications. The university limits initial admissions to 100-150 students selected on aptitude, skills, and career intent to ensure focused mentoring and rapid employability. Its curriculum emphasizes vocational, practical learning-about 50% hands-on through projects, internships, and skill labs-and is supplemented by industry workshops and state government support, with annual fees positioned as affordable compared to metropolitan private institutions.

Elitecon International strengthens board with three independent directors for enhanced governance, compliance and strategic guidance.
Elitecon International appointed three Independent Directors with backgrounds in public finance, international corporate strategy, and taxation/enforcement, and reconstituted key Board committees-including the Audit, Nomination and Remuneration, CSR, and Stakeholders Relationship Committees-comprising independent and executive directors to strengthen financial reporting, internal controls, compliance, and governance oversight while retaining executive leadership continuity to support strategic priorities.

Kapiva launches Rs. 50 crore fund to support evidence-based Ayurveda research across R&D, clinical studies and AI-driven formulations.
Kapiva launches a Rs. 50 crore innovation fund to finance evidence-based Ayurveda research and development across academia, labs and startups, offering capital, mentorship and clinical resources for projects from early research to commercialisation. Focus areas include novel formulations, standardisation and phytochemistry, AI in Ayurveda, pre-clinical and clinical studies, extraction technologies and tech-enabled wellness models. Proposals will be evaluated on scientific rigour, novelty, feasibility and potential to improve health outcomes, with applications processed via a dedicated portal.

Versova, Once Upon A Shoreline documents and preserves the neighbourhood's cultural heritage and community narratives.
Viceroy Properties published Versova, Once Upon A Shoreline to document and preserve the neighbourhood's cultural and lived heritage through photographs, writings and resident testimony. Presented under the corporate programme The Good Neighbour, the book is an archival effort intended to foster community participation and reflect principles of responsible development and stakeholder collaboration by recording local traditions, artistic contributions and coastal community narratives threatened by urban change.

Sri Lanka recovery fund tops LKR 8.5 billion; customs duty waived on relief goods and insurance claims partially settled.
Sri Lanka has received LKR 8.5 billion in foreign contributions for post-cyclone reconstruction, with funds channelled to affected people and businesses. Relief goods worth LKR 21.3 billion are being cleared without customs duties to expedite distribution. Insurance claims totalling LKR 45 billion were filed, of which about LKR 4.5 billion across 24,000 claims have been cleared. External financing includes concessional lines of credit and grants, and emergency support restored critical hospital functions damaged by flooding.

Shoonya launches SensAI: an AI tool combining news, technical, and fundamental data for integrated stock sentiment analysis for investors.
Shoonya's SensAI is an AI-powered feature that integrates news-based interpretation, technical indicators, and fundamental data into a single interface, using NLP and machine learning to assign standardised sentiment labels to stocks and enable side-by-side comparison and event-driven sentiment tracking.

ISBF expands global academic pathways under University of London framework, offering transfer routes, summer scholarships, and postgraduate test waivers.
ISBF allows India-based students to pursue externally awarded undergraduate degrees under an international university framework with academic direction from a leading school, combining a globally benchmarked curriculum and external assessment. Eligible students may apply for second-year transfer pathways to global universities, attend a summer campus programme with standard tuition scholarships and select full scholarships, and may qualify for postgraduate entrance test waivers for specified master's programmes, all subject to programme-specific and institutional requirements.

Children on online platforms: Andhra committee to consider restricting under-16s while multiple probes target alleged fraud and money-laundering.
A government committee will review imposing age-based access restrictions on online platforms, including possible bans for users under 16, assessing existing laws and platform rules; simultaneously, authorities have initiated multi-state raids and money-laundering proceedings in a nightclub fire case, and courts have issued fresh notices in a PIL alleging extensive banking and corporate fraud.

Maharashtra Sadan construction: minister discharged in PMLA money laundering case after court accepted discharge application linked to ED probe.
Allegations under the PMLA arise from the Maharashtra Sadan 2005-2006 contract: ED alleges inflated costs and kickbacks, with transfers to companies linked to the minister's son and nephew, asserting an original estimate of Rs 13.5 crore was raised to Rs 50 crore, the firm earned about Rs 190 crore profit, and Rs 13.5 crore were illicit payments. The ED prosecution stemmed from an ACB FIR, and a special PMLA judge accepted discharge applications for the minister, relatives, and others.

Big Bang Boom expands R&D and service centers nationwide, funded by timely government receivables and grant support.
Big Bang Boom commissioned a 20,000 sq ft R&D centre with six labs including a 4,000 sq ft Electronics Warfare Centre, plans to add 40 specialised researchers, and cites iDEX contracts and an Indo Israel grant; timely realisation of government receivables and an enabling regulatory environment are identified as supporting reinvestment into R&D and capacity to fulfil national and international defence orders.

Paradeep Parivahan to run a trans state electric heavy truck fleet under an 8 year commercial agreement, cutting CO2 emissions.
Paradeep Parivahan Limited entered an 8-year agreement with UltraTech Cement to deploy a large trans state electric heavy truck fleet between Rajasthan and Uttar Pradesh, with Energy In Motion Limited providing charging, battery swapping, and operational support; the project targets an annual CO2 reduction of about 15,000-20,000 tonnes and is expected to contribute to Paradeep's order book and EV fleet expansion.