The European Council said Presidents António Costa and Ursula von der Leyen travelled to India for the 16th EU–India Summit on 27 January 2026. The leaders also joined India’s Republic Day celebrations on 26 January, highlighting a push to expand cooperation on trade, security, technology and the clean transition.
Ahead of Union Budget 2026, Nasscom has asked the government to extend tax deferment on ESOPs to a wider set of startups and to clarify cloud regulation and taxation rules for overseas cloud providers using Indian data centres, aiming to reduce uncertainty for investors and founders.
Indian equities have slid more than 4% in January 2026, with reports pointing to sustained foreign portfolio investor selling, a weaker rupee, muted earnings and heightened global uncertainty. The move reflects a broader risk-off mood and sensitivity to external shocks.
Thiruvananthapuram district has reported a sharp rise in fever cases in early January 2026, with health officials tracking leptospirosis, dengue symptoms and other infections. Local authorities say surveillance, vector-control and awareness efforts have been intensified as hotspots are identified.
Samajwadi Party chief Akhilesh Yadav alleged that redevelopment projects in parts of Uttar Pradesh led to temple demolitions, desecration of idols and removal of sacred trees. He urged public scrutiny of such projects and demanded impartial review to protect heritage and environment.
European Council President António Costa’s India trip, including attending the Republic Day parade as guest of honour alongside European Commission President Ursula von der Leyen, is being framed as a marker of strengthening EU–India relations and a lead-in to high-level summit discussions.
India marked its 77th Republic Day in New Delhi with a grand Kartavya Path parade showcasing military strength, indigenous capabilities and cultural diversity. European Commission President Ursula von der Leyen and European Council President António Costa attended as chief guests ahead of the India–EU summit.
Bihar completed a dominant Ranji Trophy Plate title win with a 568-run victory over Manipur in Patna, sealing promotion back to the Elite Group. Piyush Singh’s unbeaten double century and strong spells from the bowlers underlined a one-sided final.
India’s private space industry is urging the government to expand public procurement of space products and services and to recognise space assets as critical infrastructure, steps it says could improve financing access and accelerate scaling in a fast-growing sector.
Indian researchers report early genetic evidence of Mpox Clade Ib evolution in cases detected in Kerala, with most infections linked to foreign travel and signs of sustained human-to-human transmission. The findings strengthen the case for tighter surveillance and preparedness.
EY India has recommended extending the Production-Linked Incentive (PLI) scheme to new technology areas including AI, space and robotics, while also calling for stronger tax certainty and a dedicated customs dispute resolution mechanism to improve investor confidence.
Parliamentary Affairs Minister Kiren Rijiju said the Budget Session 2026 will begin on January 28 and continue till April 2, with a recess from February 13 to March 9. The session will open with President Droupadi Murmu’s address to a joint sitting.