January 3, 2026

Toronto Micro-Condos Lose Value as Market Slumps and Buyers Vanish

Toronto's tiny micro-condos, once a hot trend, are rapidly losing value. Oversupply, falling immigration, and rising rates push prices down from C$500,000 to C$300,000 or less. Thousands of condos sit empty as investors face losses. Renters find better deals, but developers rethink future builds amid Canada's housing crisis.

January 3, 2026

Delhi Police Bust ₹180 Crore Cyber Fraud Syndicate Using Shell Companies

Delhi Police arrested two accused in a huge cyber fraud case linked to ₹180 crore. The scam involved shell companies and mule accounts used to launder money. Operation Cy-Hawk helped track the criminal network and seize devices for investigation.

January 2, 2026

US Slashes Tariffs on Italian Pasta After Companies Address Concerns

The US has cut proposed tariffs on Italian pasta from nearly 92% to as low as 2.26%. This move prevents big price hikes for US buyers and comes after Italian firms cooperated with US officials.

January 2, 2026

KSEB Adds Thermal Fuel Surcharge on January Electricity Bills to Cover Extra Power Costs

Kerala State Electricity Board will charge a thermal fuel surcharge of 7 paise per unit for bimonthly consumers and 8 paise for monthly consumers in January. The fee recovers ₹18.45 crore spent on higher fuel costs for power in November 2025, as per KSEB and State Electricity Regulatory Commission rules.

January 2, 2026

UAE Banks End SMS OTPs from 2026, Switch to In-App Biometric Payment Approvals

From January 6, 2026, UAE banks will stop sending SMS OTPs for online card payments. Instead, users must approve transactions through bank apps using biometrics for stronger security.