GST evasion: arrests for alleged non-deposit of tax and fake input tax credit involving about Rs 50 crore.
Allegations involve organised GST evasion of about Rs 50 crore: Sunil Kumar is accused of collecting Rs 28.24 crore GST and failing to deposit it within three months of the due date, while Chethan N is alleged to have masterminded fake Input Tax Credit of about Rs 22 crore. The DGGI Hyderabad conducted intelligence-driven enforcement, using data analytics and inter-agency collaboration, and effected arrests under provisions of the CGST Act, 2017.

Shyam Steel appoints Harmanpreet Kaur as brand ambassador for its digital home-building platform, promoting women-led home decisions.
Shyam Steel appointed Harmanpreet Kaur as brand ambassador and collaborator for its digital home-building platform, linking her public persona to the company's marketing of TMT bars and homeowner services covering planning, material selection, execution and final possession, and framing the association as a commercial endorsement aimed at promoting products and building consumer trust.

Digital lending apps accused of excessive data collection and coercive consent; RBI asked to respond and detail enforcement steps.
Allegations assert that certain digital lending applications operated by Non-Banking Financial Companies access prohibited device resources, collect excessive personal and device-level information, and use coercive, non-negotiable consent mechanisms disproportionate to legitimate purposes like KYC or credit assessment; the petitioner claims a prior complaint to the Reserve Bank of India elicited no action.

Mahindra Lifespaces sponsors NZ Cricket Golf Day to bolster premium residential positioning and highlight Net Zero homes commitment.
Mahindra Lifespaces sponsored the New Zealand Cricket Golf Day to reinforce its premium residential positioning through a networking event, linking that marketing initiative to a corporate strategy focused on premium development and sustained performance, while emphasising sustainability commitments including Net Zero homes from 2030 and a carbon neutrality objective by 2040.

India GDP growth estimated at 7.4% for FY26, driven by manufacturing and services, with nominal GDP up 8%.
The first advance estimates project real GDP growth of 7.4% in FY2025 26, led by manufacturing and services (manufacturing and construction ~7%; real GVA ~7.3%), while agriculture and utilities show moderate growth. Nominal GDP is estimated to rise 8%; these advance estimates are used in preparing the Union Budget and inform fiscal revenue and outlay assumptions.

Rohingya and Bangladeshi influx alleged to drive demographic, electoral and security concerns in Mumbai ahead of civic polls.
Allegations assert a coordinated influx of Bangladeshi and Rohingya migrants into Mumbai effected via illegal encroachments and political facilitation, with settlers obtaining Aadhaar, PAN and voter IDs and being added to electoral rolls, raising concerns about electoral integrity, national security, and environmental harm from mangrove destruction.

Defrail Technologies IPO opens Jan 9-13, 2026, a Rs. 13.77 crore fresh issue for BSE SME listing on Jan 16.
Defrail Technologies Limited opened a Initial Public Offering for subscription from January 9-13, 2026, for a 100% fresh issue aggregating Rs. 13.77 crore at a Rs. 70-Rs. 74 price band and proposed listing on the BSE SME Platform on January 16, 2026. Allocation categories include market maker, anchor investors, QIBs (with a mutual fund portion), non-institutional investors (HNI and SNI), and retail investors with specified share counts. Proceeds are earmarked for capital expenditure ( 70.39%), general corporate purposes ( 14.62%), and issue expenses ( 15%).

Kolkata office leasing surged to 2.3M sq ft in 2025 while residential launches and prices rebounded modestly.
Kolkata's office sector posted a 69% year on year rise in 2025 leasing volumes to 2.3 million sq ft, H2 transactions rose 78% to 1.2 million sq ft, rents increased 16% to Rs 47.5 per sq ft per month, and vacancy fell to 29.9% amid no new office supply. Residential H2 sales grew 7% to 8,806 units, full year sales were slightly down 3% to 16,896 units, launches rebounded 38% to 8,098 units, prices rose 6% to Rs 4,037 per sq ft, and unsold inventory fell 5% to 19,630 units.

Stock markets fall for third day as geopolitical tensions and tariff-hike fears weigh amid foreign fund outflows.
Equity benchmarks fell for a third straight session as elevated geopolitical tensions and tariff-hike threats reduced risk appetite, with sustained foreign institutional net selling weighing on headline indices while domestic institutional investors remained net buyers; sectoral divergences saw auto, utilities, banking and steel names lag and select technology and consumer-luxury stocks outperform, as market caution persisted ahead of Q3 earnings and key US jobs data.

Global markets trade mixed as tech rally cools amid geopolitical tensions and interest-rate uncertainty ahead of jobs reports.
Global equity markets traded mixed as technology led rallies cooled and geopolitical tensions-particularly China-Japan export controls and instability related to Venezuela-heightened uncertainty. Investors are focused on upcoming US employment data that the Federal Reserve will use to assess policy after recent rate cuts, contributing to rotation away from tech and modest moves in oil, metals, and currencies.

Gulab cold-pressed oils campaign highlights mindful daily rituals, traditional wooden ghani extraction, with Arjun Rampal.
Gulab's 'The Good Side of Life' campaign promotes its cold-pressed oil range by highlighting traditional wooden ghani extraction and a focus on purity and transparency, featuring Arjun Rampal as endorser; the campaign avoids health or performance claims and notes product availability on leading e-commerce platforms and the brand website under the stewardship of Director & CEO Dishit Nathwani.

ROSA robotic knee surgery launched in Ludhiana offering precise, surgeon-controlled knee replacements and improved recovery.
MASSH PROLIFE Hospital in Ludhiana has installed the ZIMMER ROSA Robotic System-the city's first robot-assisted platform dedicated to total knee replacement-providing sensor- and 3D modelling-guided surgical planning and precision implant placement that preserves surgeon control while aiming to improve alignment, reduce tissue damage and blood loss, and accelerate patient recovery.

Rupee firms to 89.87 after reported RBI dollar sales and lower crude, with markets in a roughly 89.50-90.50 range.
Rupee strengthened to 89.87 against the US dollar on possible RBI intervention and lower crude prices; the report notes RBI dollar sales near 90.23 to curb one-sided currency moves and indicates a near-term trading range of about 89.50-90.50, alongside weaker equity indices and foreign institutional net selling.

IITs to revamp MTech and PhD structures with dual-track M.Tech, compulsory internships, and Project-First PhDs.
IITs must redesign MTech curricula within one year to introduce a dual-track M.Tech (industry and research streams), compulsory industry internships, multidisciplinary and blended delivery, product-based MTech options without publication requirements, and expanded specialisations; doctoral reforms include a Project-First PhD model with structured timelines, industry collaboration, doctoral academies for mentorship and infrastructure upgrades, networked PhD programmes, internal committees to assess PhD intake and administration, faculty performance monitoring for supervision allocation, and a possible Ministry sub-committee to frame product-based PhD policy.

Group exhibition 'Zameen' explores land, belonging, labour and memory through contemporary artworks and public art installations.
The exhibition 'Zameen' examines land as inheritance, resource, memory, and contested ground, interrogating property regimes, displacement, and the material traces of labour through artworks and site-specific public installations that register marginalised artisanal traditions and contested claims to land.

Burnett Homeopathy gifted MacBooks to 100 employees and announced Summit 4 at the British Parliament for global outreach.
Burnett Homeopathy gifted Apple MacBooks to 100 employees as a performance-driven recognition initiative intended to empower staff and support organisational growth, and announced Burnett Homeopathy Summit 4 at the British Parliament to convene practitioners, researchers, and policy stakeholders for international outreach and policy dialogue.

AI-driven drones assess green cover and reclamation performance to inform mine closure planning and long-term ecological management.
ECL deployed AI-driven UAVs and advanced geospatial analytics, including orthomosaic mapping, GIS/GPS spatial validation, vegetation health analysis and ecological ground surveys, to objectively assess plantation survival, canopy development, species composition, spatial distribution and overall land reclamation performance in Sonepur-Bazari; the study is conducted by CSIR-CIMFR to inform mine closure planning and long-term ecological management.

Tariffs imposed on India include 50% general and 25% on Russian oil, and may be raised quickly.
The US has imposed tariffs up to 50% on India, including 25% on purchases of Russian oil, and stated it can increase tariffs quickly; the President also referenced an order and delivery timing for 68 Apache helicopters, linking tariffs to defence procurement and wider bilateral commercial relations.

Secure Nation Expo 2026 unites commercial security, cybersecurity and homeland solutions to connect providers with institutional buyers.
Secure Nation Expo 2026 is presented as a business centric industry platform on 17-18 April 2026 at BIEC, bringing together commercial security, homeland security, cybersecurity and supporting technologies. It is organised to provide curated participation and direct access to qualified buyers, enabling solution demonstrations, product launches, partnerships and market expansion across four segments: Commercial & Perimeter Security; Homeland Security & Policing; Cybersecurity; and Supporting Solutions.

Tata Power to set up 10 GW ingot and wafer plant in Andhra Pradesh with Rs 6,675 crore investment.
Tata Power Renewable Energy Limited will establish a greenfield 10 GW ingot and wafer manufacturing facility in Nellore district, Andhra Pradesh, with an investment of Rs 6,675 crore after SIPB clearance and allotment within the IFFCO Kisan Special Economic Zone. The project will be developed in two phases (120 acres initial, 80 acres expansion), include a 200 MW captive green power plant to supply the facility, and aims to supply critical inputs for solar and semiconductor manufacturing while creating around 1,000 direct jobs.