January 10, 2026

MoSPI Survey Shows India’s Household Spending Shift from Food to Services and Housing

The Ministry of Statistics released fresh data revealing that Indian households are spending less on food and more on housing, health, and education. Urban rents are rising while fuel costs decline. The 2022-24 survey offers the first major update in a decade on monthly per capita expenditure trends across India.

January 10, 2026

EU Strikes Major Trade Deal with South America's Mercosur After 25 Years

The EU has sealed a free trade agreement with Brazil, Argentina, Paraguay, and Uruguay, ending 25 years of talks. The deal promises to boost trade but faces protests from European farmers and needs European Parliament approval.

January 9, 2026

Telangana CM Revanth Reddy Launches ₹180 Crore Suzen Medicare Plant; Calls for More Private Investment

Telangana CM A. Revanth Reddy inaugurated Suzen Medicare’s ₹180 crore IV fluid plant in Maheshwaram, stressing that private investments boost jobs and economic growth. The plant uses German tech and fits into Telangana's Vision 2047 to become a $3 trillion economy.

January 9, 2026

EU Approves Biggest Free Trade Deal with Mercosur After 25 Years, Protests Erupt

The European Union has agreed on the largest free trade deal with Mercosur countries, ending 25 years of talks. The deal sparked protests from farmers and environmental groups in several EU countries. Supporters say it boosts economic ties and reduces reliance on China, while critics warn of risks to agriculture and forests.

January 9, 2026

US Seizes Olina Tanker in Caribbean to Block Venezuelan Oil Exports

The US is taking control of the Olina tanker near Trinidad. It is the fifth ship seized recently to stop Venezuelan oil exports. The vessel was sailing under a fake Timor Leste flag and was carrying oil from Venezuela.