The Economic Times

Reports of possible gunfire near Emory University in Atlanta caused a police emergency alert on campus. The situation was reported near Emory Point, close to the CDC headquarters. Police and university officials are investigating what happened. Authorities have not confirmed a shooting. Residents and students were advised to stay away from the area for safety.

Song of the Day: Mockingbird by Eminem: Released in 2004 on Encore, the track is deeply personal and emotional. The song addresses his daughter Hailie, mirroring the turbulence of her childhood amid fame, fractured relationships, and family issues. Eminem talks candidly about guilt, missed moments, and the challenges of offering stability, providing love and reassurance through music.

David Guggina has been named the new CEO of Walmart U.S., the company's largest division. He will take over the role from John Furner. Guggina currently serves as the chief e-commerce officer for Walmart U.S. He has been with the retailer for nearly eight years, holding various positions, including executive vice president of supply chain operations.

Bitcoin vs gold: Cathie Wood believes Bitcoin is scarcer than gold. Its fixed supply and decreasing issuance give it an edge. Wood predicts Bitcoin could reach $1.2 million by 2030. She also highlights Bitcoin's diversification benefits due to its low correlation with traditional assets. Gold's recent rally challenges the digital gold narrative, but Bitcoin offers asymmetric upside potential.

India's Commerce Minister Piyush Goyal hailed the proposed Free Trade Agreement with the European Union as the mother of all deals, anticipating a mutually beneficial pact that will boost exports. He assured that national interests would not be compromised, with sensitive issues like the Carbon Border Adjustment Mechanism and dairy to be addressed satisfactorily.

The Mahayuti alliance, led by the BJP, secured a decisive victory in 25 out of 29 municipal corporations in Maharashtra, repeating its assembly poll success. The BJP emerged as the single largest party in the Mumbai Municipal Corporation, breaking the Shiv Sena's long-standing dominance.

U.S. stock market is flashing a major warning signal in January 2026. The Shiller CAPE ratio has surged to 39.85, a level seen only twice in 150 years. This metric, which tracks inflation-adjusted earnings over a decade, is now 135% above its historical average. Experts warn that extreme valuations often precede a lost decade of flat or negative returns for investors.

Blackstone faces a significant legal challenge from India's tax department. The dispute centers on tax residency and treaty benefits for foreign investors. This case, similar to the Tiger Global matter, will test the validity of tax residency certificates. The outcome could impact how offshore investors are taxed in India. Control and beneficial ownership are key points of contention.

Congress leaders will meet with Tamil Nadu party functionaries in Delhi to discuss the upcoming state assembly elections. This follows the Congress's request to coalition leader DMK for more seats and a pre-poll power-sharing agreement, which the DMK has reportedly ruled out. A section of Tamil Nadu Congress leaders may seek ministerial berths if the alliance wins.

The Congress party has demanded an immediate stop to the beautification work at Manikarnika Ghat in Varanasi. They allege the Modi-Yogi government is demolishing Hindu heritage. The party states renovation efforts have affected temples and even a sacred Vat Vriksh. They also point to the destruction of the historic Dalmandi market.

Manipur's former Chief Minister N Biren Singh and BJP President Adhikarimayum Sharda Devi are in New Delhi for crucial talks with party leaders. The discussions aim to restore a regular government in the state, which has been under President's rule. Kuki Zo groups have agreed to join the government pending written assurances.

Maharashtra's civic election results have significantly reshaped the state's political landscape, with the BJP emerging as a dominant force in urban areas. Traditional parties like the Congress and NCP (SP) have suffered substantial losses, while the UBT Sena and AIMIM have made notable gains, particularly among minority voters.

Priya Kapoor, the third wife of the late Sunjay Kapoor, has requested certified copies of documents and orders related to the divorce proceedings between Sunjay Kapoor and actress Karisma Kapoor. The purpose of this request, as stated in the provided information, is to understand the financial and child custody arrangements made by her late former husband.

Kashmiri Shia leaders and residents held peaceful demonstrations after Friday prayers, expressing solidarity with the Iranian regime. They urged Iranians to counter US and Israeli influence, with prominent leader Aga Hassan advocating for dialogue and criticizing the UN's perceived inaction. Slogans against US, Israel, and their leaders were raised, and support was voiced for Iran's Supreme Leader Ali Khamenei.

Shreyanka Patil's five-wicket haul powered Royal Challengers Bengaluru to a 32-run victory over Gujarat Giants. Patil credited a crucial century partnership between Radha Yadav and Richa Ghosh for instilling the confidence to push for a win. The bowlers' effective performance, despite dew, was also highlighted as a key factor in securing the win.

The Supreme Court has stayed the Calcutta High Court's ruling that disqualified Mukul Roy from the West Bengal Assembly under the anti-defection law. A division bench issued an interim order, keeping the high court's judgment in abeyance. The top court expressed reservations about the high court's reasoning regarding the authentication of social media posts in anti-defection proceedings.

Selena Gomezs quote, I realize everybody wants what they dont have. But at the end of the day, what you have inside is much more beautiful than whats on the outside, serves as a prompt to value inner beauty over appearances. As a singer, actress, and philanthropist, Selena has inspired millions by revealing her personal journey and challenges with self-worth.

Donald Trump is rethinking who should lead the Federal Reserve next. Kevin Hassetts chances dropped after controversial comments, while Kevin Warsh moved ahead as the top choice. Some senators are blocking any decision until an investigation ends. The race now focuses on independence, trust, and who can lead the Fed without political pressure.

The Enforcement Directorate has filed a chargesheet against Al Falah University founder Jawad Ahmed Siddiqui and others for allegedly generating and laundering 493.24 crore in proceeds of crime. The agency found Siddiqui exercised dominant control over the trust and university, using them for personal and family benefit. Immovable properties worth 139.97 crore have been attached.

January 16th marks significant historical milestones. From NASA's first female astronauts in 1978 to the launch of Operation Desert Storm in 1991, the day witnessed pivotal moments. Liberia elected its first female head of state in 2006, while the world also remembers the publication of Don Quixote in 1605 and the passing of music producer Phil Spector.

Arunachal Pradesh and Goa are recognized as 'best performers' in developing startup ecosystems, with Gujarat achieving this distinction for the fifth consecutive year. The annual ranking by DPIIT categorizes states and UTs based on their efforts to foster startup growth, highlighting the significant expansion of India's startup landscape since 2016.

A recent study by the World Economic Forum (WEF) indicates that only about 1% of organizations have fully implemented responsible artificial intelligence (AI) practices. In an email exchange with ET, Cathy Li, head, Centre for AI Excellence and member of the executive committee, World Economic Forum stated that governments should focus on creating regulations that can adapt as AI technology develops, rather than attempting to keep pace with static rules.

India is moving closer to acquiring 114 more Rafale fighter jets. The defence ministry has given a key clearance for the air force's proposal. This deal, potentially worth over E35 billion, will now go to the Defence Acquisition Council for further examination. This move signals a significant step towards bolstering India's air power and enhancing indigenous manufacturing capabilities.

India is gearing up to unveil an innovative strategy for Chabahar Port, paving the way for strengthening its stake following the anticipated end of US sanctions in April. Collaborating with a regional Iranian firm, India Ports Global Limited aims to regain operational control over this crucial port.

The government is unlikely to establish a dedicated ESG oversight body, citing existing provisions within the Companies Act. Officials believe a new mechanism would increase compliance burdens and contradict ease of doing business initiatives. Existing legal frameworks already address ESG-related disclosures and violations.

Millions of taxpayers qualify for an IRS retirement tax credit yet never claim it. The Savers Credit can reduce federal taxes by up to 50 percent. Income limits expand in 2025. Eligible workers include modest earners saving through IRAs or employer plans. A single form determines eligibility. Awareness remains the biggest barrier.

India and Japan leaders met in Delhi to discuss West Asia's evolving situation. They focused on de-risking economies and strengthening supply chains. Maritime initiatives were also a key topic, aligning India's MAHASAGAR with Japan's Indo-Pacific outlook. Both nations acknowledged their role in shaping the global order. Economic security and cooperation on energy, health, and maritime security were emphasized.

Prime Minister Narendra Modi urged Indian startups to prioritize manufacturing, deep technology, and global leadership, aiming to position India at the forefront of innovation. He highlighted the significant growth of India's startup ecosystem, now the world's third-largest, with over 2 lakh startups and nearly 125 unicorns, creating substantial employment and driving economic progress.

A planned chartered flight to evacuate Indians from Tehran to Delhi has been postponed. This decision follows the US President's decision to step back from attacking Iran for now. The Indian Embassy in Tehran remains vigilant and prepared to launch the evacuation if the situation deteriorates. Several Arab states engaged in backchannel diplomacy to de-escalate tensions.

Euphoria Season 3 release date, time, schedule and how to watch explains when the HBO series returns, where to stream it, episode rollout, cast details, story focus, credits, and viewing options for global audiences. The season has eight episodes with weekly releases.

Nitin Nabin will officially become the Bharatiya Janata Party's new national president on January 20. A grand ceremony is planned at the party headquarters. Prime Minister Narendra Modi and Union Home Minister Amit Shah are expected to attend. Nabin is set to be elected unopposed. This marks a significant leadership transition for the party.

The Enforcement Directorate has filed a charge sheet in Dimapur against individuals and firms in connection with the alleged misappropriation of public funds and substandard construction of the new Gauhati High Court complex in Kohima. The investigation revealed inflated costs for construction work, leading to an excess payment of approximately Rs 1.09 crore to contractors and PWD officials.

The Bharatiya Janata Party (BJP) has emerged as the leading party in the municipal corporations of Nagpur, Akola, and Amravati in eastern Maharashtra. The Congress secured the top position in Chandrapur. The BJP retained power in Nagpur for the fourth consecutive term, winning a significant majority of seats.

Layoff survival guide: A shocking HR email mistake left an employee reeling after they were mistakenly CC'ed on a layoff announcement. The employee saw their name on a list of those being let go, causing immense stress and anxiety despite a swift recall attempt. This incident underscores the critical need for careful internal communication, especially concerning sensitive employment matters.

Word of the Day: Have you ever met someone who acts like they know everything, even when they clearly dont? Thats exactly the type of behavior the word presumptuous enters the scene. It states that someone who oversteps social or personal limits, being audacious or overconfident in ways that make others feel uncomfortable. From offering unsolicited advice to taking credit for someone elses effort, presumptuous actions are everywhere.

Wedding plans for Taylor Swift and Travis Kelce are reportedly on hold. The couple is focusing on Travis Kelce's future in the NFL. Kelce is contemplating retirement after a recent season. They are enjoying their engagement and taking their time with wedding preparations. Guest lists and seating charts are not yet a priority for the couple.

India has blocked over 242 illegal betting and gambling websites. This action follows the passage of the Online Gaming Act last year. The government has taken down 7,800 such platforms to date. Enforcement has intensified to protect users, especially the youth. The move aims to curb financial and social harm caused by these illegal online activities.

A new microcredit scheme is being finalized to offer collateral-free loans up to Rs 10,000 annually to gig workers and domestic helps. This initiative aims to support entrepreneurial journeys for vulnerable sections. The scheme will be launched in the next fiscal year, starting April 2026.

Tech billionaire Larry Ellison faced online backlash after his luxury yachts name created an embarrassing message when reversed. The issue quickly went viral on social media, leading to jokes and criticism. The incident highlights how even famous business leaders can make simple mistakes that turn into major public talking points.

India's gem and jewellery exports saw a dip in December 2025. Geopolitical issues impacted demand in key markets. However, overall exports remained stable. Jewellery exports, especially gold and silver, showed strong growth. This balanced out a slowdown in cut and polished diamonds. Free Trade Agreements are boosting exports to countries like the UAE and Australia.

Astrologers emphasise that the defining theme of the week is not effortless luck, but earned fortune. The days ahead reward those willing to confront discomfort, remove inefficiencies and act with intention.

In Fallout Season 2, Walton Goggins offers raw vulnerability to the role of Cooper Howard/The Ghoul. Feeling nothing left after filming The White Lotus and The Righteous Gemstones, Goggins personal exhaustion seamlessly aligned with his characters emotional exhaustion. He explained Episode 5, The Wrangler, where Cooper has nothing left and lacks control over his environment, showing his own state.

Machine learning (ML), a branch of AI, empowers computers to learn from data and improve performance without explicit programming. This technology, driven by increasing computing power and data availability, is transforming industries from streaming services and e-commerce to finance, logistics, manufacturing, and agriculture by enabling pattern recognition and predictive analytics.

America faces a demographic shift. By 2030, more people will die than be born. This trend is driven by falling birth rates and reduced immigration. The nation's population growth will then depend on immigration. This situation presents economic challenges for programs like Social Security and Medicare. Future population numbers will be linked to border policy.

On Wednesday, January 21, 2026, millions of Americans will receive their Social Security payments featuring the new 2.8% COLA boost. This second wave of January distributions targets beneficiaries with birthdays between the 11th and 20th. The average retired worker now sees a monthly check of $2,071, a $56 increase from 2025. However, rising Medicare Part B premiums of $202.90 may offset these gains for many households.