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It’s a first! Budget 2026 to be presented on a Sunday; Lok Sabha speaker Om Birla confirms date

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It’s a first! Budget 2026 to be presented on a Sunday; Lok Sabha speaker Om Birla confirms date

Budget 2026: For the first time, the Union Budget will be presented on a Sunday! Lok Sabha Speaker Om Birla on Monday confirmed the date for Budget 2026, saying that the Union Budget will be announced on Sunday, February 1.The upcoming Union Budget will be presented by Finance Minister Nirmala Sitharaman, marking the eighth time she will table the budget in Parliament.The announcement comes after the Union Parliamentary affairs minister Kiren Rijiju declared the schedule for Parliament’s Budget Session, last week. The session will be held in two phases between January 28 and April 2. Sharing the decision on social media, Rijiju said, “On the recommendation of the Govt of India, Hon’ble President of India, Smt. Droupadi Murmu ji has approved the summoning of both the Houses of Parliament for the Budget Session 2026. The Session will commence on 28 January 2026 and continue till 2 April 2026.” He added that the first phase of the session will conclude on February 13, while the second phase will begin on March 9. The Union Budget is likely to be tabled on February 1, which falls on a Sunday this year.The Budget Session is the first parliamentary session held each calendar year. It begins with the President’s address to a joint sitting of the Lok Sabha and the Rajya Sabha, after which legislative and financial business is taken up. The Budget Session is followed by the Monsoon Session in July–August and the Winter Session in November–December.

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ISRO’s PSLV-C62 mission: 7 key facts you need to know about the Anvesha spy satellite |

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ISRO’s PSLV-C62 mission: 7 key facts you need to know about the Anvesha spy satellite

The Indian space program has kick-started its launch plans for 2026 with the launch of PSLV-C62, a crucial move that will involve coupling commercial satellite launchers with a high-end earth observation system.According to the latest reports available, ISRO has confirmed that there had been a technical anomaly on board the third stage of the mission during the launch of the PSLV-C62, resulting in the satellite not being in its intended orbit. This, as reported, has led the space agency to form a failure analysis committee to determine the reasons for the anomaly.

ISRO’s PSLV-C62 launch: What to know about Anvesha spy satellite and mission 2026

Anvesha is India’s new hyperspectral Earth observation spy satellite

Anvesha, officially designated EOS-N1, is a hyperspectral Earth observation satellite designed for strategic and civilian use. It can capture images across multiple light bands, allowing precise analysis of terrain, vegetation, water bodies, and man-made structures. This capability strengthens India’s surveillance, border monitoring, environmental tracking, and disaster response from space.

PSLV-C62 marked India’s first space mission of 2026

The PSLV-C62 launch on 12 January 2026 marked the beginning of India’s spaceflight calendar for the year. Lift-off took place from the First Launch Pad at the Satish Dhawan Space Centre in Sriharikota. The mission drew significant attention as it combined strategic payload deployment with commercial satellite launch services.

The mission was the 64th flight of ISRO’s PSLV rocket

PSLV-C62 represented the 64th flight of the Polar Satellite Launch Vehicle, reinforcing its status as ISRO’s most reliable and frequently used launch system. Over the years, PSLV has supported landmark missions including Chandrayaan-1, the Mars Orbiter Mission, and Aditya-L1, while also serving global commercial customers.

NewSpace India Limited handled the commercial launch operations

The mission was operated by NewSpace India Limited, the commercial arm of ISRO, and PSLV-C62 marked NSIL’s ninth dedicated commercial mission. It was to be tasked with launching the main EOS-N1 satellite along with several co-passenger satellites, demonstrating India’s increasingly important position as a trusted service provider of launch services globally.

PSLV-C62 carried 15 co-passenger satellites from India and abroad

Alongside Anvesha, the rocket carried 15 co-passenger satellites belonging to domestic and international customers. These included small satellites and technology demonstrators. Such shared launches allow multiple organisations affordable access to space while maximising the launch vehicle’s payload capacity and overall mission efficiency.

The PSLV-DL variant was used for the mission

ISRO has employed its PSLV-DL rocket in this mission, which has two solid strap-on stages. These are added to offer an enhanced thrust level. This particular model is best suited for orbital insertions that entail accurate handling. It is an attribute that has made it suitable for both strategic and commercial applications.

ISRO reported an anomaly during the third stage of flight

ISRO later confirmed that the PSLV-C62 mission experienced a technical anomaly during the third stage of flight. This prevented the satellite from being placed into its intended orbit. The space agency stated that a detailed failure analysis was initiated to identify the cause using onboard flight data.

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Top stocks to buy: Stock recommendations for the week starting January 12, 2026 – check list

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Top stocks to buy: Stock recommendations for the week starting January 12, 2026 - check list
Top stocks to buy (AI image)

Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting January 12, 2026) are Groww, and Titan. Let’s take a look:

Stock Name CMP (RS) Target (RS) Upside
Groww 159 185 16%
Titan 4205 5000 19%

GrowwGroww has scaled fastest among Indian retail brokers, becoming the largest platform in under 4 years with 26.8% NSE active client share, & 14.8 million active users as of H1FY26. It acquires more than 80% of its customers organically, keeping CAC low and payback periods short. The platform has evolved from a zero-commission mutual fund app into a full-stack wealth ecosystem spanning broking, commodities, margin trading facility, credit products including loan against securities and loan against mutual funds, and wealth management through Fisdom. We believe Groww is well positioned to compound earnings in an underpenetrated Indian capital markets ecosystem, with FY25–28E PAT CAGR of ~30% driven by rising MTF-led cash yields, higher minimum brokerage, deeper product offerings and affluent-focused wealth monetization.TitanTitan’s launch of beYon, its first lab-grown diamond brand, marks a strategic entry into a fast-growing yet underpenetrated category. Falling LGD prices and affordable price points can meaningfully expand India’s low studded-jewelry penetration beyond traditional gold dominance. The LGD space is well populated with ~500 stores and ~100 players, Titan’s scale, design-led positioning, and aggressive pricing (~INR 23k–25k per carat) provide differentiation. Management’s view of India as an “AND” market supports coexistence of natural diamonds and LGDs. We view the launch of beYon positively as TITAN can access a new customer segment through the lifestyle brand without diluting its core natural diamond and solitaire jewelry offerings; following the strong 3QFY26 business update, we raise EPS estimates by 2–5% for FY26–FY28.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)

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Asian stocks today: Markets inch higher after Wall Street’s record rally; HSI adds over 200 points, Kospi trades flat

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Asian stocks today: Markets inch higher after Wall Street's record rally; HSI adds over 200 points, Kospi trades flat

Asian shares inched higher on Monday as investors weighed political and economic developments in the United States, while the dollar slipped amid concerns over the independence of the US Federal Reserve.HSI jumped 208 points or 0.79% to 26,439. Japan’s Nikkei also climbed 822 points or 1.6% to 51,939. Shenzhen and Shanghai also added 1.2% and 0.78% respectively. In South Korea, Kospi traded in green adding 29 points at 11:11 AM IST. Market sentiment was shaped by confirmation that the US Justice Department had issued a subpoena to the Federal Reserve, a move that raised alarm among investors. Federal Reserve Chair Jerome Powell acknowledged the action late on Sunday, calling it unprecedented and linking it to pressure from US President Donald Trump for further interest rate cuts, despite the Fed signalling that rates would remain unchanged. Powell said that the central bank received grand jury subpoenas on Friday related to his testimony before the Senate in June, which dealt with a major renovation project of Federal Reserve office buildings. The political tension followed the release of weaker-than-expected US labour data on Friday. The jobs report showed that only 50,000 new jobs were created in December, while the unemployment rate edged down to 4.4 percent. Financial markets reacted swiftly. The dollar slipped around 0.2% against major currencies, according to Bloomberg. Gold prices jumped 1.5% as investors sought safety amid rising uncertainty. Equity markets across Asia moved higher in early trading. Gains were seen in Hong Kong, Shanghai, Seoul and Taipei, mirroring Wall Street’s record close at the end of last week. Stocks also rose in Bangkok, Manila, Singapore, Kuala Lumpur and Jakarta. Global markets have largely begun the year on a strong footing. Stock indices in Frankfurt, London, Paris and Seoul touched record highs last week, driven mainly by optimism surrounding technology stocks and advances in defence sector shares. Oil prices dipped slightly on Monday but largely held on to last week’s rally. Ongoing protests in Iran continued to fuel geopolitical concerns, while the US seizure of Venezuela’s crude supplies added to worries about excess supply. President Trump has warned Iran of consequences if demonstrators were harmed, as Tehran cautioned against foreign interference. On Sunday evening, Trump said he was weighing potential military action following reports of a violent crackdown that resulted in the deaths of hundreds of people.

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Karur stampede probe: CBI grills TVK chief Vijay in Delhi; charge sheet decision next | Delhi News

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Karur stampede probe: CBI grills TVK chief Vijay in Delhi; charge sheet decision next
Vijay appears before CBI in Delhi over Karur stampede case

NEW DELHI: TVK Chief, actor Vijay, on Monday appeared before the Central Bureau of Investigation (CBI) in Delhi in connection with the investigation into the Karur stampede case. A special team is questioning him at the agency’s headquarters, sources said.Last week, the CBI issued a notice to Tamilaga Vettri Kazhagam (TVK) President Vijay, asking him to join the investigation in connection with the stampede case. He was asked to appear for questioning on January 12 in Delhi.The agency already examined several office-bearers of the TVK and now decided to question Vijay, after which it is expected to take a call on filing a charge sheet in the matter.The CBI took over the probe from a Special Investigation Team (SIT) following a Supreme Court order. The case pertains to a stampede that occurred on September 27 last year during a political meeting addressed by Vijay in Karur, Tamil Nadu, which left 41 people dead and over 60 injured.The apex court transferred the investigation to the CBI on a petition filed by the TVK seeking an independent probe. In October, the Supreme Court directed the CBI Director to appoint a senior officer to lead the investigation and constituted a 3-member supervisory committee headed by former Supreme Court Judge Justice Ajay Rastogi to monitor the probe.While ordering the CBI inquiry, a bench comprising Justices J K Maheshwari and N V Anjaria said the Karur stampede left a deep imprint on the national conscience and had wide ramifications on citizens’ right to life.

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Is the era of salaried jobs ending? Here is why investor Saurabh Mukherjea tells students to focus on AI-resistant skills

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Is the era of salaried jobs ending? Here is why investor Saurabh Mukherjea tells students to focus on AI-resistant skills
Saurabh Mukherjea tells students to focus on AI-resistant skills

India’s white-collar job boom is over. What once grew at 11% a year is now barely 1%, warns Saurabh Mukherjea, founder of Marcellus Investment Managers. He made the stark revelation in his podcast “Coffee and Investing with Saurabh Mukherjea”, in the episode titled “No Jobs & High Debt: The Silent Middle Class Crisis.”For decades, India’s urban middle class has relied on stable office jobs, especially in the IT sector, finance, and BPO services, as a ticket to economic mobility. Today, Mukherjea says, that ticket is being revoked. The combination of tech layoffs, automation, and AI disruption is changing the rules of employment, and students who cling to old career assumptions risk being left behind.“The salaryman era is over,” Mukherjea declares. “If students do not build skills that cannot be automated, they will not just miss opportunities—they may find themselves unemployed in a shrinking job market.”

Tech layoffs and automation are eating jobs

The IT sector, long the engine of white-collar employment, is shedding roles. Large companies like Tata Consultancy Services, HCL Tech, Infosys, and Wipro are reducing headcount while adopting AI, automation, and productivity-enhancing technologies. Entry-level coding, routine customer support, and administrative tasks are increasingly being done by software and intelligent systems rather than humans.The slowdown is not restricted to tech. Finance, legal services, logistics, and media are also experiencing structural shifts as AI-driven workflows replace traditional roles. According to Mukherjea, up to 25% of current tech and customer experience jobs could vanish by 2031.For college students and recent graduates, this serves as a wake, up call. Several job roles that were earlier deemed as ‘safe’ are now vulnerable. Besides this, even top, tier companies cannot be relied on for lifelong jobs, and due to the rapid technological disruption, the time for conventional career planning is almost gone.

Students can’t afford to wait

Mukherjea’s advice is clear: waiting for a salaried job to appear is no longer a strategy—it is a gamble. Students need to adapt, learn new skills, and focus on work that AI cannot do. Skills that involve humans, like creativity, problem-solving, empathy, negotiation, and critical thinking, are now the most valuable because they are harder to automate. Jobs in areas like healthcare, education, design, and other service-based fields offer good opportunities for growth and long-term stability.Technical skills are still important, but they need to be paired with the ability to adapt. Mukherjea points out that learning AI, machine learning, cloud computing, cybersecurity, or data analytics is useful, but only if students also stay flexible, curious, and take initiative.As he bluntly puts it: “The salaryman era is over. Students must focus on building skills that cannot be automated.”

Skills that will keep you relevant

To survive—and thrive—in the new job market, students must develop a balanced combination of technical, soft, and entrepreneurial skills. From a technical perspective, knowledge of artificial intelligence and machine learning, cloud computing and cybersecurity, as well as data analytics, coding, and software development will become increasingly necessary. Similarly, soft skills like creativity, problem, solving, communication, collaboration, emotional intelligence, and leadership that help students adapt and thrive in changing work environments are just as necessary. Entrepreneurial skills are equally important, such as being a freelancer, working on some side projects, pivoting quickly, seeking new opportunities, and creating a personal brand or portfolio. Practical knowledge is most important and thus students can be encouraged to undertake micro, projects, internships, or cross, disciplinary work, because the portfolio and tangible accomplishments will speak volumes about the person’s capabilities rather than the resume only, says Mukherjea.

How to adapt to the new job market

Students who will thrive in the future are those who can adapt quickly as the job market changes. Saurabh Mukherjea advises that students focus on a few important habits to stay ahead. First, they should keep learning continuously through online courses, certifications, and workshops. This helps them gain new knowledge and skills that are in demand and prepares them for changes in the workplace. Second, students should gain practical experience by doing internships, freelance projects, or even small side ventures. Real-world experience teaches problem-solving and gives them skills that cannot be learned from books alone.Building a strong professional network is crucial. Connecting with mentors, peers, and industry professionals helps students get guidance, find opportunities, and understand job market changes. They should also stay updated on AI and automation to know which jobs are disappearing and which are emerging. Using creativity to add value in ways AI cannot, solving problems, and taking initiative will help students stay competitive and stand out in the job market.

Why this matters now

Mukherjea’s warning is quite urgent in a rapidly changing world. There is an exponential growth in AI usage, and automation is extending its reach beyond just routine tasks to areas such as customer service, marketing, legal research, and financial analysis. Many of the “entry level” jobs as they are called that exist today, may not be there in 2030.For the middle class of India, which has been relying on salaried jobs for both stability and a way to move up, it is a hard hit. The truth is that graduates have to change their mindset from seeking security to being prepared for change and development, otherwise they may not catch up in a quickly changing economy.

No safety nets: Adapt or lose out

The white collar job market is rapidly evolving, but students willing to adapt still have opportunities. Those who over time develop skills that AI will never replace, develop people, oriented skills, and adopt an entrepreneurial mindset, without doubt, will be better equipped to succeed than the previous generations.Disruption is inevitable. Survival is optional. Mukherjea’s advice: act now, build skills, and redefine what “career success” means for the 21st century.

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Rupee at 90: Currency falls 5 paise in early trade; reaches 90.23 against US dollar

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Rupee at 90: Currency falls 5 paise in early trade; reaches 90.23 against US dollar

Rupee began the week in red, falling 5 paise to 90.23 against the US dollar in early Monday trade, weighed down by rising crude oil prices and persistent outflows from foreign investors. Traders said that ongoing geopolitical tensions and worries over potential US tariffs on Indian exports led foreign institutional investors to offload domestic equities. Market participants are now awaiting this week’s macroeconomic data for clearer direction. The interbank rupee opened at 90.23, marking a further decline from its previous close. On Friday, the rupee had lost 28 paise, ending the session at 90.18 against the dollar. Elsewhere, the dollar index, which gauges the strength of the US currency against six major peers, was down 0.14% at 98.75. Global crude prices also edged higher, with Brent crude futures trading 0.13% up at $63.44 per barrel. Domestic equities reflected the subdued sentiment. The Sensex fell 356.49 points, or 0.43%, to 83,219.75, while the Nifty lost 94.90 points, or 0.37%, to 25,588.40. Analysts highlighted multiple international developments affecting sentiment, including situations in Venezuela and Iran, as well as US President Donald Trump’s possible interest in Greenland. Foreign institutional investors sold shares worth Rs 3,769.31 crore on Friday, exchange data showed. The Reserve Bank of India’s latest weekly data further weighed on market confidence, showing a decline in forex reserves by $9.809 billion to $686.801 billion in the week ending 2 January. The previous week had seen reserves rise by $3.293 billion to $696.61 billion.

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‘On its way to US’: Trump makes big claim on Venezuela oil; says ‘yes’ to 50 million barrels worth $4.2bn

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‘On its way to US’: Trump makes big claim on Venezuela oil; says ‘yes’ to 50 million barrels worth $4.2bn

Washington is working “along really well” with Venezuela, US President Donald Trump said on Sunday (local time), pointing to oil shipments from the country. Speaking to reporters aboard Air Force One, Trump was talking about US’s approach towards the new leadership in Caracas after Nicolas Maduro was captured by American forces. “Venezuela is really working out well. We’re working along really well with the leadership, and we’ll see how it all works out,” he said.The US President further added that the acting President of Venezuela, Delcy Rodriguez, asked US if they could “take 50 million barrels of oil.” “I said, ‘yes, we can’ — that’s $4.2 billion, and it’s on its way right now to the United States,” Trump further added highlighting the scale of the deal.

Oil Tankers Flip Trump’s Game? Venezuela’s ‘Dark Mode’ Fleet TRICKS US, Then Comes Back. Here’s Why

This comes as the Trump administration is pushingimed at claiming control over Venezuelan oil production and sales. Earlier this week, the president invited oil executives to the White House and pressed them to move quickly into Venezuela, saying the administration was seeking around $100 billion in private investment to revive the country’s oil industry and fully tap its large reserves.Trump said that Washington had seized tankers carrying Venezuelan oil and would now take over the sale of between 30 million and 50 million barrels that had previously been under sanctions, with the US controlling sales globally for an indefinite period.In the meeting with oil industry leaders, Trump told executives, “You have total safety.” “You’re dealing with us directly and not dealing with Venezuela at all. We don’t want you to deal with Venezuela.”He stressed that the expected investments would come from private companies rather than public funds. “Our giant oil companies will be spending at least $100 billion of their money, not the government’s money. They don’t need government money. But they need government protection,” Trump said.According to the president, security assurances would be provided through cooperation with Venezuelan leaders and their people, rather than the deployment of US troops, although he added that companies would “bring over some security.”Trump also acknowledged the risks involved, noting that oil executives were accustomed to operating in challenging environments, even as Venezuela remains vulnerable to economic collapse.The White House meeting came shortly after US forces seized a fifth tanker in the past month linked to Venezuelan oil. The seizure reflected the administration’s determination to take control of Venezuela’s oil exports, refining and production, signalling continued US involvement in the sector as it pushes for firm investment commitments from private companies.

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Stock market today: Nifty50 opens below 25,700; Sensex sheds over 300 points

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Stock market today: Nifty50 opens below 25,700; Sensex sheds over 300 points

Stock market today: Indian benchmarks opened in red on Monday, as benchmark indices Nifty50 opened below 25,700 and Sensex was down over 300 points. NSE benchmark Nifty50 was trading at 25,600, down 82 points or 0.32% at 9:20 AM. Sensex also plunged 307 points or 0.37%, to trade at 83,269.The benchmark indices extended their decline for a fifth consecutive session as concerns over global trade and political uncertainty in Washington continued to weigh down investor sentiment. An early attempt at a rebound soon faded, with both benchmarks slipping into negative territory within minutes as selling pressure resurfaced.Meanwhile, Asian equities moved higher, with markets in Hong Kong, Shanghai, Seoul and Taipei gaining after Wall Street closed at a record high on Friday. Stock markets across Bangkok, Manila, Singapore, Kuala Lumpur and Jakarta also registered early gains. The rally built on a strong start to the year for global stocks, with benchmarks in Frankfurt, London, Paris and Seoul reaching record highs last week, supported by optimism around the technology sector and rising defence shares. Oil prices eased slightly but remained largely stable following a rally last week. Continued protests in Iran kept geopolitical risks elevated, while concerns over a potential supply glut persisted after the US seized shipments of Venezuelan crude.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)

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Hinduism vs Hindutva: Mani Shankar Aiyar draws distinction, triggers row; BJP hits back | India News

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Hinduism vs Hindutva: Mani Shankar Aiyar draws distinction, triggers row; BJP hits back
Mani Shankar Aiyar (File photo)

NEW DELHI: Congress leader Mani Shankar Aiyar stirred another row on Sunday after he said Hindutva is “Hinduism in paranoia,” which drew a strong response from the ruling BJP. During the debate on “Hinduism Needs Protection From Hindutva”, hosted by the Calcutta Debating Circle, Aiyar said Hindutva is a BJP leader “slapping a blind, hungry tribal girl because she attends a Christmas lunch in a Church”.Aiyar also said Hindutva asks “80 per cent of Hindus to quiver in front of 14 per cent of Muslims”.

‘Hijab-Clad PM’ Row: Owaisi’s ‘Tubelight’ Jab At Himanta Sarma Over ‘Only Hindu PM’ Remarks

“Hindutva is Hinduism in paranoia. It asks 80% Hindus to quiver in front of 14% Muslims. Hindutva is a BJP leader slapping a blind, hungry tribal girl because she attends a Christmas lunch in a Church. Hindutva raids shopping malls to tear down Christmas decorations,” said Aiyar during the debate. He also quoted VD Savarkar, saying that the Hindutva ideologue saw Buddhism as an existential threat to all Hindus. “He described it as the ultimate negation of Hindutva, bearing the opiate of universalism and nonviolence. He said it was disastrous to national virility and even the existence of the Hindu race,” said Aiyar, referring to Savarkar.‘Hindutva a political tract’Drawing a distinction between Hinduism and Hindutva, Aiyar said Hinduism is “a great spiritual religion, while Hindutva is a political tract.” He also said that Hinduism faced trials and tribulations yet managed to survive and flourish without any need for Hindutva’s protection.“Hinduism is a great spiritual religion. Hindutva is a political tract. Hindutva came only in 1923; for thousands of years before Hindutva, Hinduism faced trial and tribulation and yet survived, flourished, with no need of Hindutva protection… There is no way Gandhi’s and Swami Vivekananda’s Hinduism can be protected or promoted by Savarkar’s Hindutva,” Aiyar was quoted as saying by news agency ANI.‘Cherishing Hinduism is Hindutva’Speaking at the same event, Rajya Sabha member and BJP leader Sudhanshu Trivedi said that Hindutva represents ‘Hindu tattva,’ which forms the core essence of Hinduism. He further argued that Hinduism is unique among religions in granting its followers the authority to debate, even on its sacred texts.“… Which culture gives you the authority to debate even on religious texts. It is only Hindu… I would like to ask why the term Hinduism? Why is ‘ism’ associated with all the religions which originated in India? Hinduism, Buddhism, Sikhism and Jainism. You have never heard of Islamism and Christianism… The ‘ism’ world is being associated just to demean, and what Hindutva is, ‘Hindu tattva’. The basic immunity of Hinduism is Hindu tattva... Another thing I would like to say, when you cherish Hinduism, it is called Hindutva,” the Trivedi said.Lashing out at Aiyar’s remark, the BJP’s national spokesperson Pradeep Bhandari said: “Yet again Congress attempts to create a divide between Hindus.” They want 1 Hindu to Stand up against the other Hindu. This benefits Congress whose only focus is -“Consolidate Vote Bank: Unite Minority, Divide Hindu Majority,” he said.

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