Navi Mumbai airport to be named after D B Patil and positioned as a regional economic growth engine.
The state announced that Navi Mumbai International Airport will be named after the late D B Patil and positioned as a strategic asset to drive regional economic expansion across pharmaceuticals, innovation, food processing, services and import export. The airport is presented alongside complementary projects: road and tunnel improvements, metro development through the planning authority, water supply schemes, housing redevelopment at Ghansoli, APMC market redevelopment, tendering for a multi speciality hospital, construction of a central library, an EduCity initiative to attract universities, and targeted schemes for fishermen and locals.

Kogilu eviction row: BJP committee urges national investigation into alleged organised demographic change and identity-document fraud.
The fact-finding committee reports that Kogilu encroachments involved predominantly migrant occupants and alleges organised actions to alter local demographics by unlawfully settling persons on public land and procuring identity documents and voter registrations; it recommends a NIA-level inquiry to identify those responsible, the facilitators enabling document acquisition, and any government or private actors supporting the encroachments.

Mumbai civic election: Fadnavis calls contest the Thackerays' survival, pledges Mahayuti mayor and Dharavi redevelopment.
Fadnavis framed the BMC election as the political survival contest of Uddhav and Raj Thackeray and urged voters to elect the BJP-Shiv Sena Mahayuti to install a Mahayuti mayor and implement transparent civic governance. He alleged the MVA government made Hindi compulsory from Classes 1-12 under the New Education Policy and scrapped a Dharavi redevelopment tender, stating the project was reassigned to the Dharavi Redevelopment Project with the state as a major stakeholder and the Adani group as developer. He also affirmed Marathi as the compulsory state language within a three-language policy.

Artificial intelligence in Uttar Pradesh: push for domestic data storage and inclusive access via simple phone and messaging tools.
Uttar Pradesh's AI strategy prioritises state-led adoption and data localization, linking secure in-country data to effective AI delivery of government schemes, investment attraction, workforce development, and universal access through low-barrier tools like phone calls and messaging to reach farmers, homemakers, professionals and students.

Haryana commits funding and programs to strengthen education, launch a research fund, and expand women's welfare schemes.
The government committed budgetary and programmatic measures to bolster education and women's empowerment by creating a Haryana State Research Fund for higher education innovation, converting one college per district into NEP aligned Model Sanskriti Colleges, launching the NEEV data-driven portal to support NEP implementation, allocating funds to the Women and Child Development Department, expanding Lado Lakshmi and Kishori Yojanas, constructing women's hostels, allotting one-third of canteen tenders to women self help groups, and upgrading 2,000 Anganwadi centres to Saksham Anganwadi Centres.

Mumbai civic polls ready with EVMs, staff and security; digital campaigning screened and ID rules enforced.
Brihanmumbai Municipal Corporation officials report operational readiness for civic polls in 227 wards, with 10,231 polling stations, 64,375 polling staff, over 20,000 EVM control units, 25,000 ballot units and 140 PADU backups. Reserved seats include wards for Scheduled Castes, Scheduled Tribes, Other Backward Classes and women. Security deployments and surveillance teams are in place; seizures of cash, liquor, narcotics and weapons have been reported. Digital media campaigning must be approved by election authorities. Double voters may vote after completing Annexure procedures and by presenting any of 12 accepted identity proofs.

Cybercrime syndicate allegedly ran mule bank accounts using forged IDs to launder proceeds, prompting seven arrests.
Organised syndicate allegedly procured and operated bank accounts in others' names, activated SIM cards and forged identity documents to create mule accounts sold or rented to cybercriminals; linked to around 200 cybercrime complaints. Seven arrests were made and numerous financial and identity items seized; a case was registered under relevant provisions of the Bharatiya Nyaya Sanhita and the Information Technology Act, and investigations continue to identify further members and possible inter state and international links.

India-Germany partnership to secure trusted, resilient supply chains and deepen technology cooperation across defense, semiconductors and green energy.
India and Germany will strengthen trusted and resilient supply chains and transform their seamless economic relationship into a technology partnership, deepening cooperation in semiconductors, defence co-innovation and co-production, space, quantum computing, cybersecurity, biotech and green energy manufacturing, supported by policy measures to promote manufacturing in India, reduced compliance, improved ease of doing business, and broader trade and investment facilitation.

Income tax collections rose 8.82% to Rs 18.38 lakh crore, driven by corporate tax mop up and slower refunds.
Net direct tax receipts grew about 8.82% to roughly Rs 18.38 lakh crore to January 11, driven mainly by higher corporate tax mop up and slower refund disbursements, increasing the government's net tax position without indicating substantive policy changes.

Net direct tax collections rose due to slower refunds and stronger corporate tax receipts through Jan 11.
Net direct tax receipts rose 8.82% to Rs 18.38 lakh crore through January 11, mainly because refunds fell 17% to Rs 3.12 lakh crore and corporate tax collections increased 12.4% to Rs 8.63 lakh crore; non corporate receipts rose 6.39% to about Rs 9.30 lakh crore while gross direct tax collection was about Rs 21.50 lakh crore.

KP Group pledges Rs 4,000 crore investment in renewable energy projects in Gujarat under MoU.
A memorandum of understanding between KP Group and the Gujarat government proposes establishment of renewable energy projects totaling approximately 855 MW, comprising solar and ISTS connected wind solar hybrid projects across locations including Devbhumi Dwarka and Kutch (Bhuj), with a total proposed investment of about Rs 4,000 crore; the MoU was signed on January 12, 2026 at Rajkot and disclosed via an exchange filing.

TCS: new labour codes caused a Rs 2,128 crore statutory impact, mainly gratuity and leave encashment provisions.
Implementation of the new labour codes triggered a one time statutory impact of Rs 2,128 crore, with over Rs 2,100 crore set aside-about Rs 1,800 crore for gratuity and Rs 300 crore for leave encashments-creating a 0.10-0.15 percentage point ongoing margin drag and reducing reported profit for the quarter.

India-Germany strategic partnership expands defence collaboration, supply chain security, trade ties, visa free transit, and skilled labour mobility.
India and Germany signed 19 pacts establishing a roadmap for defence industrial collaboration, mechanisms to secure supply chains for critical minerals and semiconductors, and a skill partnership to enable mobility of Indian healthcare professionals, alongside a visa free transit arrangement and a higher education roadmap to deepen trade, technology, and people to people links.

US aggression on Venezuela condemned; Indian opposition urges government to assert independent foreign policy and express solidarity.
Opposition parties adopted a resolution condemning US military aggression against Venezuela as a violation of national sovereignty and international law, characterising it as imperialist, resource-driven intervention to seize oil. The resolution expresses solidarity with Venezuela, Cuba and Palestine, criticises the Indian central government's muted response as "subservient" to US pressure, and demands that India assert an independent foreign policy and explicitly condemn the US actions.

Essar to set up a Rs 5,100 crore bio-fuel complex in Gujarat with 1 MTPA capacity and SEZ status.
Essar Future Energy signed a Memorandum of Understanding with Gujarat to establish a large-scale bio-fuel complex in Devbhumi Dwarka as an SEZ, proposing Rs 5,100 crore investment, 1 MTPA feedstock processing capacity, expected operations by 2029, and around 350 direct jobs, targeting decarbonization of aviation, shipping and road transport.

ED raid on I-PAC accused of seeking political information and selectively targeting TMC-linked digital operations ahead of 2026 polls.
Abhishek Banerjee asserts the ED's January 8 searches at I-PAC and at its Kolkata director's residence were aimed at appropriating internal political data rather than conducting a bona fide money laundering probe. He alleges selective targeting of the Bengal office despite I-PAC's multi-state presence and links the action to I-PAC's assistance during the Special Intensive Revision of electoral rolls. The ED counters with allegations of obstruction and removal of documents and has sought a CBI probe in the Calcutta High Court.

Federal Reserve subpoena threat risks undermining central bank independence and rattling financial markets, raising borrowing cost concerns.
The Department of Justice served subpoenas on the Federal Reserve and threatened a criminal indictment over Chair Powell's testimony about Fed building renovations, a move Powell called a pretext to undermine central bank independence; markets reacted with equity declines, rising Treasury yields, and sharp losses among bank and credit card stocks, while political proposals and statements intensified regulatory uncertainty for financial institutions.

Union Budget presentation scheduled for February 1; Economic Survey to follow the presidential address, with committee scrutiny planned.
The Union Budget will be presented in Parliament on February 1, officially designated as Budget Day. The Finance Minister will deliver the General Budget in the Lok Sabha, and the Economic Survey is expected to be presented in both Houses following the President's address. The parliamentary calendar provides sittings and a recess expressly to permit committee scrutiny and detailed legislative consideration of Budget proposals.

Public sector banks appeal stay on fraud classification after dispute over forensic audit qualifications and seek quashing of interim order
Three public sector banks appealed an interim order staying their action to classify accounts as fraud classification, contending a BDO LLP forensic audit validly found fund siphoning and misutilisation justifying classification; Ambani had challenged the audit's validity based on auditor qualification and secured a stay on the banks' actions as allegedly violating RBI guidelines, and the banks seek to quash that interim order to enable enforcement of remedial measures.

Rupee edges higher as weak dollar and trade talks offset RBI reported decline in forex reserves.
Rupee settled marginally higher at about 90.17 per US dollar, supported by a weaker dollar, falling crude prices and progress on US India trade talks, while geopolitical volatility limited gains. The Reserve Bank of India reported a USD 9.809 billion decline in forex reserves to USD 686.801 billion, a regulatory datum watched for its implications on market liquidity and intervention under the FEMA/RBI framework.