Weekly News Platter
The Economic Times

Weekly News Platter

17 Jan, 2026, 05:14PM IST, PTI


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In case you had a busy week, these are the top stories you need to get caught up to speed...
Defence Procurement Board clears 114 Rafale jets in biggest ever dealDefence Procurement Board clears 114 Rafale jets in biggest ever deal
India Rafale Jets News: India's Defence Procurement Board has approved the purchase of 114 more Rafale fighter jets. This significant deal, valued at approximately Rs 3.25 lakh crore, will involve France. A substantial portion of these aircraft will be manufactured in India, incorporating about 30% indigenous components. This move aims to boost domestic defence manufacturing capabilities. Read more
BMC Elections 2026 Winners List: Who won the BMC polls? Check seat-wise key winnersBMC Elections 2026 Winners List: Who won the BMC polls? Check seat-wise key winners
Mumbai Elections 2026 Winners: The BJP-led Mahayuti alliance has achieved a significant victory in the Brihanmumbai Municipal Corporation elections. Results declared late last night show the alliance securing a majority in India's richest civic body. The BJP emerged as the single largest party. This outcome marks a historic shift, ending the long-standing dominance of the Shiv Sena over the BMC. Read more
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How to invest Rs 10 lakh for next 1, 3 or 5 years for higher return and in most tax-efficient way?How to invest Rs 10 lakh for next 1, 3 or 5 years for higher return and in most tax-efficient way?
Investing Rs 10 lakh requires a smart approach. Experts guide on optimal investment mixes for one, three, and five-year goals. For short terms, focus on safety with fixed income. Longer horizons allow for growth through equity and hybrid funds. Tax efficiency is key, with strategies to minimise your tax outgo. Plan your investments wisely for better returns. Read more
India's UPI miracle has a money problem; can Budget 2026 fix it?India's UPI miracle has a money problem; can Budget 2026 fix it?
Union Budget News: India's UPI digital payment system faces a crucial decision ahead of Budget 2026. While UPI has revolutionized transactions, its zero Merchant Discount Rate policy is straining payment companies and banks. Urgent action is needed to ensure the system's long-term viability and continued growth across the nation. Read more
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Airtel, Tata group firms may jointly seek Vodafone Idea-like AGR relief from governmentAirtel, Tata group firms may jointly seek Vodafone Idea-like AGR relief from government
Relief to one company has prompted operators to explore coordinated engagement with the government, with legal options also under review, they said. “We are evaluating multiple routes, including a collective approach to the government, but payments will not commence unless there is uniform treatment across companies,” said one of the executives cited. Read more
US visa: Indians can skip the long wait for interview slots in this cityUS visa: Indians can skip the long wait for interview slots in this city
US visa interview wait times for Indian applicants show significant variation by city and visa type as of January 14, 2026. While some locations offer faster appointments for student and employment visas, visitor visa wait times can extend up to eight months in New Delhi. Applicants are encouraged to monitor the official system for earlier slots. Read more
Nine Amrit Bharat Express train routes announced: Check full list, time table, fare and other detailsNine Amrit Bharat Express train routes announced: Check full list, time table, fare and other details
Indian Railways has launched nine new Amrit Bharat Express trains to enhance affordable long-distance travel. These non-AC, locomotive-hauled services connect various states, offering upgraded facilities and reliable connectivity for millions. The trains aim to strengthen links between eastern, northern, and southern India, prioritizing budget-friendly fares for mass transit. Read more
Budget 2026: EV incentives, step up R&D, localisation push on wishlistBudget 2026: EV incentives, step up R&D, localisation push on wishlist
India's upcoming Union Budget is expected to boost electric vehicle adoption. Measures will likely focus on strengthening domestic manufacturing and reducing reliance on imports. Incentives could be recalibrated to encourage investment across the EV value chain. This aims to support sustainable transport and conserve foreign exchange. Read more
At least 15 Hindus murdered in 45 days in Bangladesh: ReportAt least 15 Hindus murdered in 45 days in Bangladesh: Report
A report highlights 15 Hindu minority murders in Bangladesh by Muslims between December 2025 and January 2026. The Interim Government, led by Chief Advisor Dr. Muhammad Yunus, is reportedly dismissing these attacks as disinformation. Minorities fear increased violence during the upcoming election campaign, with such acts potentially labeled as political. International observers are urged to intervene for inclusive participation. Read more
Reserved category candidates will get general seat if they score more than cut off marks: SCReserved category candidates will get general seat if they score more than cut off marks: SC
The Supreme Court has clarified a key legal principle. Candidates from reserved categories who score higher than the general category cutoff will now be adjusted against unreserved seats. This decision overturns a previous Kerala High Court ruling. The apex court emphasized that the unreserved category is an open pool based on merit for all. Read more
US President Trump assures Tehran he won't attack, asks to exercise restraint: Iranian envoy to PakUS President Trump assures Tehran he won't attack, asks to exercise restraint: Iranian envoy to Pak
This development comes amid ongoing protests in Iran over rising living costs, with authorities imposing internet restrictions. Trump had previously threatened to intervene but said on Wednesday that killings of protesters had stopped, and he'd "watch and see" about military action. Read more
A 3-metre corridor, 694 km long: GAIL's expressway gas pipeline breakthroughA 3-metre corridor, 694 km long: GAIL's expressway gas pipeline breakthrough
Around 675 km, or 96 per cent, of the pipeline runs inside a utility strip just three metres wide along the expressway, a constraint that fundamentally shaped engineering design and construction methods, officials said. Read more
Adani-owned Navi Mumbai airport reaches 1 lakh passenger mark in 19 days of commercial operationsAdani-owned Navi Mumbai airport reaches 1 lakh passenger mark in 19 days of commercial operations
Navi Mumbai International Airport has achieved a significant milestone. The airport welcomed over 1 lakh passengers in just 19 days since commencing commercial flight operations. This rapid passenger growth highlights strong demand. The facility also processed thousands of bags and handled substantial cargo. Delhi, Goa, and Bengaluru are the busiest routes. The airport is scaling up services efficiently. Read more
Labour Codes may become effective from April 1Labour Codes may become effective from April 1
Sources said the ministry of labour and employment is considering making Labour Codes effective only from the next financial year (FY’27) to coincide with India Inc’s financial cycle as the change in salary structure under the Codes could result in higher outgo towards provident fund and gratuity, thus impacting the balance sheets of the companies. Read more
Trump finally gets a Nobel: Venezuela's Machado 'presents' peace prize medal to US PresidentTrump finally gets a Nobel: Venezuela's Machado 'presents' peace prize medal to US President
Venezuelan opposition leader Maria Corina Machado said Thursday she "presented" her Nobel Peace Prize medal to US President Donald Trump, who has openly coveted the award that the Nobel committee says cannot be transferred. "I presented the president of the United States the medal of the Nobel Peace Prize," Machado told reporters outside the US Capitol following her White House meeting with Trump. Read more
Can decide citizenship for registration as voters, not to deport or check visa: EC to SCCan decide citizenship for registration as voters, not to deport or check visa: EC to SC
The Election Commission informed the Supreme Court its authority is limited to voter registration. It cannot deport individuals or determine visa status. The poll panel's role is to identify citizens for electoral rolls. This clarification came during final hearings on petitions challenging the EC's special intensive revision exercise. Read more
Trump says he may punish countries with tariffs if they don't back US controlling GreenlandTrump says he may punish countries with tariffs if they don't back US controlling Greenland
President Trump has threatened tariffs on nations that don't support the US acquiring Greenland, citing national security. This move comes after months of insisting on US control over the Danish territory. European leaders and Denmark have rejected the idea, with Trump now hinting at economic pressure to achieve his goal. Read more
75% of Indian higher education institutions still not industry-ready: Report75% of Indian higher education institutions still not industry-ready: Report
A new report reveals a major gap in India's higher education. Most institutions struggle to prepare students for jobs. Curriculum often lacks industry relevance. Practical training and internships are limited. This prevents students from gaining essential job skills. Experts call for a fundamental shift to make education more industry-aligned and boost employability. Read more
Tesla’s India letdown spurs discounts on unsold Model Y SUVsTesla’s India letdown spurs discounts on unsold Model Y SUVs
It’s an early sign of challenges as Tesla attempts to crack the world’s third-largest passenger-vehicle market with one of its cheaper entry-level models. The carmaker, which debuted in India in July, was relying on its brand power to drive sales despite local levies touching 110% for imported cars. Read more
Trump Tariff Case: US Supreme Court puts off decision againTrump Tariff Case: US Supreme Court puts off decision again
Trump Tariffs US SC Verdict: The US Supreme Court has again postponed a ruling on President Donald Trump's global tariffs. These duties, implemented in 2025, imposed significant charges on imports. Critics argue the President exceeded his authority. President Trump warned that overturning the tariffs could destabilize the US economy. He stated that refunding collected revenue would be a major disruption. Read more

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