The Economic Times

India Budget: India's AI ambitions hinge on developing indigenous Small Language Models (SLMs) tailored for local needs, rather than solely relying on resource-intensive LLMs. These compact, task-focused models are crucial for democratizing AI access, supporting diverse languages, and driving inclusive economic growth across sectors like agriculture and healthcare. Budget 2026 should prioritize funding for SLM development.

At the Advantage Vidarbha-Khasdar Audhyogik Mahotsav in Nagpur, Union minister Nitin Gadkari passionately urged the youth to step into leadership roles. This vibrant event is designed to transform Vidarbha into a bustling industrial powerhouse, showcasing the promising opportunities across various sectors. Gadkari highlighted that a thriving blend of industry, agriculture, and services is essential for the region's progress.

Warren Buffetts youngest son Peter Buffett revealed the surprising moment he realised his father was a billionaire. He said when he saw Warren Buffett's name on the Forbes list, he laughed, and his friends were equally surprised too. At a summit, the ace investor revealed that his children had a normal upbringing and they did not ride in private planes.

Varanasi police have registered eight FIRs against individuals, including AAP MP Sanjay Singh and Congress leader Pappu Yadav, for allegedly spreading AI-generated images and misleading information about the Manikarnika Ghat redevelopment. The authorities claim fabricated content was circulated to hurt religious sentiments and disturb social harmony, while opposition parties accuse the government of destroying heritage.

Wordle is a daily word game that tasks players with uncovering a five-letter word in no more than six tries. Created in 2021 by software engineer Josh Wardle, it rose to worldwide prominence thanks to its clean design and a social-sharing feature.

The political chess game in Nepal continues as ex-Prime Minister Sher Bahadur Deuba raises a legal challenge against the Election Commission's endorsement of Gagan Thapa as the new leader of the Nepali Congress.

In the wake of the BMC election results, actor Govinda, who is also a prominent Shiv Sena leader, expressed his aspirations for a thriving Mumbai. He emphasized that effective governance is crucial for the city's ongoing prosperity. With an optimistic shift in the creative landscape, he noted that artists now feel more secure, paving the way for unbridled innovation.

NASAs Artemis II launch pad: NASA's giant Moon rocket has been moved to the launch pad in Cape Canaveral, Florida, paving the way for first crewed Moon mission in over 50 years. The lunar launch could take place as early as February 6, depending on readiness. NASA director Jared Isaacman emphasized that the mission aims to fulfill NASAs promise to return Americans to the Moon and inspire future generations of astronauts.

Word of the Day: Sonderbewusstsein rewards patience and reflection. It reminds readers that life is not a singular narrative but a convergence of countless unseen stories unfolding in parallel.

Prime Minister Narendra Modi will launch the NDA's campaign for the Tamil Nadu Assembly elections in Madurantakam on January 23. The rally aims to signal the start of the electoral battle against the incumbent DMK government. BJP legislative party leader Nainar Nagenthran confirmed the PM's participation and hinted at a strong show of alliance partners on stage.

Mary Kom's ex-husband Onler Kom has responded to the financial fraud allegations levelled by a six-time world boxing champion. He claimed that Mary Kom had multiple affairs and he gave up his career to look after the family, which Mary Kom told him to do. He claimed that he lived like her slave amid the public fallout between boxing legend Mary Kom and her ex-husband.

When temperatures drop, nothing beats a warm, hearty dinner. These winter-friendly recipes are comforting, filling, and perfect for chilly evenings.

The upcoming Union Budget for 2026-27 is expected to prioritize medium-term debt consolidation while maintaining a strong push for capital expenditure. ICRA projects a fiscal deficit of 4.3% of GDP, with a significant increase in capital spending to Rs 13.1 trillion, aiming to front-load infrastructure development before future fiscal rigidities.

Steve Nash, a South African-born Canadian basketball legend, is celebrated as one of the NBA's greatest point guards. His illustrious career, spanning nearly two decades, saw him earn two MVP awards with the Phoenix Suns and a Hall of Fame induction. Nash's journey from a promising college player to an NBA icon highlights the power of dedication and preparation.

Climate activist Sonam Wangchuk remains in Jodhpur jail. He is observing ants and writing a book titled 'Forever Positive'. His wife states he is optimistic despite difficult conditions. Wangchuk engages in meditation and yoga. He receives books and some snacks. Jail authorities are described as accommodating within strict laws. He has been in jail for over 110 days.

US Ambassador to India, Sergio Gor, on Sunday concluded his 'successful' visit to Mumbai, highlighting the growing partnership between India and the United States across trade, technology, education, energy and resilient supply chains.

Prime Minister Modi will inaugurate development projects in Singur, West Bengal. BJP leader Biman Ghosh criticizes the state government, accusing it of betraying farmers and shutting down industries. Ghosh also condemned recent incidents of violence and stated that the public will remove the current government in the 2026 elections.

Climate activist Sonam Wangchuk's wife Gitanjali Angmo speaks out. She claims his detention under the National Security Act is illegal due to procedural lapses. Angmo asserts the case lacks merit and highlights concerns about democracy in India. She calls for a louder voice against such actions. The detention has delayed new projects for their institutions.

Twenty-two BJP candidates in Amravati Municipal Corporation polls have written to Maharashtra Chief Minister Devendra Fadnavis. They demand the expulsion of former MP Navneet Rana. The candidates allege Rana campaigned against the party. They claim she called BJP nominees 'dummies'. Rana promoted her husband's party candidates as the 'real BJP candidates'. The BJP lost seats in the election.

Mauni Amavasya, observed on January 18, 2026, is a significant Hindu day for ancestral reverence and spiritual renewal. This New Moon in Magha month is considered highly auspicious for warding off negativity. Devotees are encouraged to observe silence, perform holy dips, donate, and honor ancestors, while avoiding hair/nail cutting, non-veg food, harsh words, and conflicts.

India will have a strong presence at the World Economic Forum in Davos. Over 3,000 global leaders will attend. Discussions will focus on dialogue in a fragmented world. Key Indian ministers and chief ministers will participate. Many top Indian CEOs are also expected. Global leaders from government and business will be present.

President Trump's threat of tariffs on eight European nations, including Denmark, for conducting NATO exercises in Greenland signals a volatile approach to international relations. European leaders condemned the move, calling it unacceptable and a form of blackmail, highlighting a shift in alliance dynamics and a return to Trump's transactional foreign policy.

Indian space start-up Galaxeye is set to launch its first satellite, Mission Drishti, in early 2024. This satellite will combine optical and radar imaging for all-weather earth observation. The company plans to expand this into a constellation of ten satellites by 2030. This will provide continuous data for defence, agriculture, and disaster response.

Davos is under unprecedented security for the World Economic Forum Annual Meeting. Thousands of armed forces, drones, and special tools are deployed. Global leaders, CEOs, and civil society members are attending. Protests are planned, with authorities ready to manage demonstrations. Security costs are significant, shared by multiple entities. Airspace is restricted to ensure safety.

Sigmund Freud believed most people avoid true freedom. This is because freedom demands responsibility. People prefer to follow others rather than face decisions and consequences. Owning choices means accepting both success and failure. Freud suggested that true freedom requires effort, much like a gym membership. It offers tools but demands work. Freedom without responsibility remains a mere fantasy.

Prime Minister Narendra Modi launched two new Amrit Bharat Express trains from Assam. He also initiated the Kaziranga elevated corridor project. This significant infrastructure development will enhance connectivity to Upper Assam. The project includes a wildlife corridor to protect animals and reduce human-wildlife conflict. Bypasses will also be developed to ease town traffic.

American forces eliminated a key Al-Qaeda leader in Syria. This operative had direct ties to the ISIS ambush that claimed the lives of two US soldiers and an interpreter in December. The strike, conducted on January 16, underscores the US commitment to pursuing terrorists.

In an interview with the Swiss-based daily newspaper 20 Minuten, Alois Zwinggi, the Swiss head of the WEF, responded to remarks by the President of the Green Party of Switzerland, Lisa Mazzone, who urged the organisers to prevent Trump's participation, citing Washington's recent intervention in Venezuela, which led to the capture of Nicolas Maduro, former President of the South American nation and his wife, Cilia Flores.

Delhi faces a yellow alert as dense fog blankets the capital. Temperatures are expected to range from 5 to 22 degrees Celsius. Air quality has worsened significantly, entering the severe category. This has prompted the invocation of Stage 3 of the Graded Response Action Plan. Citizens are advised to stay informed about the evolving weather and pollution situation.

India's Supreme Court is reviewing the Protection of Children from Sexual Offences Act. Judges are concerned the law is misused against consensual teenage relationships. They propose a 'Romeo-Juliet' clause to protect genuine adolescent bonds. This aims to differentiate abuse from young love. The court stresses the law's core purpose must be preserved.

Maharashtra Chief Minister Devendra Fadnavis has arrived in Davos for the World Economic Forum, aiming to showcase the state as India's premier growth engine globally. He expressed determination to bolster 'Magnetic Maharashtra' on the world stage. This participation follows a successful 2025 WEF where Maharashtra secured Rs 15.7 lakh crore in investment commitments through 54 MoUs.

Protesters set off from Kublis in southeastern Switzerland, trekking through wintry terrain toward Davos in what organisers described as a statement against capitalism, entrenched power structures, and policies they see as contributing to climate change and social inequality. Many carried placards with slogans calling for Democracy rather than WEF dictatorship and opposing oligarchic influence on global affairs.

Prime Minister Narendra Modi will launch and lay foundation stones for key infrastructure projects in Singur, West Bengal. These initiatives include an extended port gate system at Balagarh, an electric catamaran in Kolkata, and a new rail line between Jayrambati and Maynapur. The Prime Minister will also flag off Amrit Bharat trains.

Queen Elizabeth II, Britain's longest-serving monarch, reigned for over 70 years. Her rule saw immense global shifts. She was a symbol of stability, dedicating herself to public service. She undertook numerous engagements and state visits. Her legacy highlights duty and her role in modernizing the monarchy. She was a unifying figure for the UK and Commonwealth.

Two people have died following a Guillain-Barre Syndrome outbreak in Neemuch, Madhya Pradesh. Authorities are actively identifying and treating patients. A control room and special ward have been established. The government is covering treatment costs. Investigations are underway to determine the cause of the outbreak. Samples have been sent for testing.

Delhi continued to face a severe air pollution crisis on Sunday, with the AQI hitting 439 by 7 am, keeping the city firmly in the severe category. Several areas, including Anand Vihar (489), Ashok Vihar (463), and Punjabi Bagh (476), reported extremely poor air quality, posing serious health risks, especially for children, the elderly, and those with respiratory or heart conditions.

The Bnei Menashe community, claiming descent from a lost biblical tribe, is undergoing interviews for emigration to Israel. This initiative offers hope to many facing hardship in Manipur and Mizoram. Israel plans to welcome thousands more by 2030. The process involves rabbinical judges and government officials, marking a significant step for these aspiring migrants.

In December 2025, a fire at Birch by Romeo Lane in Goa killed 25 people, highlighting Indias lack of emergency literacy. Experts say most deaths in disasters occur not from the hazard itself but from panic, poor crowd management, blocked exits, and untrained bystanders. Citizens often do not know basic life-saving skills such as CPR, first aid, or fire response, and fear legal repercussions despite the Good Samaritan Law.

JPMorgan CEO Jamie Dimon has denied being offered the Federal Reserve chair position. This comes after President Donald Trump disputed a report claiming he made the offer. Trump also stated he will sue JPMorgan. The bank maintains it does not close accounts based on political or religious beliefs. Dimon has previously opposed some Trump administration policies.

A landslide narrowly missed a house on Sydney's Northern Beaches after intense storms caused a torrent of mud and trees to crash down a hillside. Flash flooding and severe weather have impacted large parts of New South Wales, leading to evacuations and numerous rescues. Residents are urged to avoid floodwaters as wet and windy conditions persist.