Weekly News Platter
The Economic Times

Weekly News Platter

24 Jan, 2026, 06:35PM 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...
Davos 2026: Trump unveils Board of Peace, sees larger role in new world orderDavos 2026: Trump unveils Board of Peace, sees larger role in new world order
President Donald Trump has launched a new Board of Peace. Initially focused on Gaza's ceasefire, it aims for a wider global role. Trump stated it will work with the United Nations. Several nations have joined, but major global powers remain cautious. The board seeks to address international challenges beyond Gaza. Read more
Sensex, Nifty slide nearly 1% as falling rupee, global tensions spark risk-off tradeSensex, Nifty slide nearly 1% as falling rupee, global tensions spark risk-off trade
Indian stock markets ended a difficult week with a significant drop on Friday. The rupee hit new record lows, and global tensions fueled investor caution. Shares of Adani Group companies saw a sharp decline. Broader markets also experienced substantial losses. Investors are concerned about global uncertainty and potential conflicts. Read more
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Silver and gold sizzle on geopolitical heatSilver and gold sizzle on geopolitical heat
Silver and gold prices climbed on Friday, driven by strong safe-haven demand amid ongoing geopolitical uncertainty and expectations of easier US monetary policy. In the domestic retail market, silver rose 6.42% to ₹3,18,960 per kg, while gold gained 3% to ₹1,55,428 per 10 gm. Read more
HDFC Bank Q3 Results: PAT jumps 11% YoY to Rs 18,654 crore, beats estimates; NII up 6.4%HDFC Bank Q3 Results: PAT jumps 11% YoY to Rs 18,654 crore, beats estimates; NII up 6.4%
HDFC Bank Q3 Results: HDFC Bank announced a strong performance for the December quarter. The bank's net profit surged by 11 percent year-on-year. This growth exceeded market expectations. Interest income saw a modest increase, while interest expenses declined. Read more
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Eternal Q3 Results: Cons profit zooms 73% YoY to Rs 102 crore, revenue soars 201%; Deepinder Goyal steps down as CEOEternal Q3 Results: Cons profit zooms 73% YoY to Rs 102 crore, revenue soars 201%; Deepinder Goyal steps down as CEO
Eternal Q3 Results: Eternal, operator of Zomato and Blinkit, announced a significant 73% profit jump to Rs 102 crore and a 201% revenue increase to Rs 16,315 crore. Deepinder Goyal is transitioning from MD & CEO to Vice Chairman. Albinder Singh Dhindsa will now lead the company as CEO. The food delivery segment saw strong growth and record margins. Read more
IndiGo takes Rs 577 crore revenue hit in Q3 due to December flight chaosIndiGo takes Rs 577 crore revenue hit in Q3 due to December flight chaos
IndiGo’s December-quarter profit plunged 75% after cancelling thousands of flights, taking a Rs 577 crore exceptional hit. Operational lapses, refunds and labour code costs hurt earnings, though ticket and ancillary revenues still grew amid regulatory scrutiny and market volatility concerns. Read more
Budget 2026: The great game of gold is at play. Will Sitharaman play her hand?Budget 2026: The great game of gold is at play. Will Sitharaman play her hand?
India’s upcoming Union Budget has drawn attention as gold prices continue to surge, making policy decisions on import duties sensitive for consumers. Gold posted its strongest global performance in decades in 2025, driven by safe-haven demand, US rate cuts and a weaker dollar. Read more
Budget 2026 may hold the next switch for India to power ahead in 'Drill, baby Drill' eraBudget 2026 may hold the next switch for India to power ahead in 'Drill, baby Drill' era
Union Budget 2026: India Renewable energy industry has achieved a significant milestone, with non-fossil sources now comprising half of its electricity generation capacity. Despite strong growth, the sector faces challenges in financing, land acquisition, and grid infrastructure, prompting calls for enhanced budgetary support and policy clarity in the upcoming Union Budget 2026. Read more
DGCA fines IndiGo ₹22.20 cr for December meltdown, warns CEO, COO and SVP Operations over failuresDGCA fines IndiGo ₹22.20 cr for December meltdown, warns CEO, COO and SVP Operations over failures
IndiGo faces a hefty ₹22.20 crore penalty from DGCA for massive flight disruptions in December 2025, impacting over three lakh passengers. The regulator cited over-optimization, inadequate preparedness, and management lapses for the crisis. IndiGo is also processing refunds and offering travel vouchers to affected passengers. Read more
Auto majors like Maruti, Tata, Mahindra to roll out over 30 new cars in 2026Auto majors like Maruti, Tata, Mahindra to roll out over 30 new cars in 2026
In 2026, India's automotive landscape is set to witness a groundbreaking transformation with over 30 new vehicles hitting the market. Major players like Maruti Suzuki, Tata Motors, and Mahindra & Mahindra are at the forefront of this exciting evolution. Read more
India and the UAE move ahead on strategic defence partnershipIndia and the UAE move ahead on strategic defence partnership
India and the UAE have signed a Strategic Defence Partnership Letter of Intent, enhancing cooperation in defence industrial collaboration, innovation, and counter-terrorism. This move signals a deeper strategic alignment amid regional geopolitical shifts. The nations also agreed to double bilateral trade to $200 billion by 2032 and expand civil nuclear cooperation. Read more
EU Parliament freezes US trade deal over Trump’s Greenland push and tariff threatsEU Parliament freezes US trade deal over Trump’s Greenland push and tariff threats
The European Parliament has halted progress on a trade deal with the United States. This decision comes in response to President Donald Trump's demands regarding Greenland and his threats of tariffs. The parliament was set to vote on proposals to reduce EU import duties on US goods. This move could potentially escalate tensions and lead to higher US tariffs. Read more
Nitin Nabin phase: BJP's organisational rejig, governance at centre, states' reviewNitin Nabin phase: BJP's organisational rejig, governance at centre, states' review
A reconstitution of the party's national organisational team is expected soon, with a focus on younger leaders, sources said. Most new office-bearers are likely to be under 55, with fresh faces from state units projected to occupy key national roles. The overhaul is being seen as a long-term strategic move ahead of the 2029 Lok Sabha polls, aimed at strengthening mobilisation, organisational depth, and political messaging. Read more
1984 anti-Sikh riots: Delhi court acquits Sajjan Kumar in Vikaspuri, Janakpuri violence case1984 anti-Sikh riots: Delhi court acquits Sajjan Kumar in Vikaspuri, Janakpuri violence case
A Delhi court has acquitted former Congress MP Sajjan Kumar in a case linked to the 1984 anti-Sikh riots. The acquittal pertains to violence in Janakpuri and Vikaspuri areas. Kumar is currently serving a life sentence in another riot-related case. This development comes after charges of rioting and promoting enmity were framed against him last year. Read more
Trump says Europe ‘not heading in the right direction’ as he addresses Davos summit amid standoff over GreenlandTrump says Europe ‘not heading in the right direction’ as he addresses Davos summit amid standoff over Greenland
US President Donald Trump criticized Europe's direction at the World Economic Forum, attributing economic troubles to green energy policies and mass migration. He contrasted this with America's "phenomenal" economic turnaround under his administration, highlighting virtually eliminated inflation and a tariff-driven trade strategy. Trump asserted the US is the "economic engine of the planet." Read more
Noida techie death: 90 minutes of cries, fog, and a deadly pit, how Yuvraj Mehta lost life as a helpless father stood a few feet awayNoida techie death: 90 minutes of cries, fog, and a deadly pit, how Yuvraj Mehta lost life as a helpless father stood a few feet away
A software engineer tragically died after his SUV plunged into a deep, water-filled pit in Greater Noida's Sector 150 on a foggy night. Despite desperate pleas for help and a father's helpless proximity, rescue efforts were hampered by dense fog and the pit's depth, raising serious safety lapse concerns. Read more
Bangladesh out, Scotland in for ICC T20 World Cup: ReportBangladesh out, Scotland in for ICC T20 World Cup: Report
Scotland will play in the 2026 ICC Men's T20 World Cup. The International Cricket Council removed Bangladesh from the tournament. This decision came after the Bangladesh Cricket Board failed to meet ICC demands. Scotland's consistent performance in recent events secured their spot. They are ranked 14th globally. Scotland will compete in Group C. Read more

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