MHA Restores ₹100 Crore Project Approval Powers to Ladakh's Lieutenant Governor

January 2, 2026

MHA Restores ₹100 Crore Project Approval Powers to Ladakh's Lieutenant Governor

On January 1, 2026, MHA restored financial powers to Ladakh's Lieutenant Governor to approve projects up to ₹100 crore. This follows a recent withdrawal. Powers now require consultation with finance officials and quarterly reporting.

Supreme Judiciary Council Launches Online Auction for Vehicles, Real Estate, and License Plates in January 2026

January 2, 2026

Supreme Judiciary Council Launches Online Auction for Vehicles, Real Estate, and License Plates in January 2026

The Supreme Judiciary Council will hold a transparent online auction in January 2026 on the Court Mzadat app. Items include vehicles, heavy machinery, real estate, and special license plates. Bidding is open to individuals and businesses with a clear schedule over several days.

UAE Updates Expat Inheritance Laws: Assets Without Heirs Turn to Charity

January 2, 2026

UAE Updates Expat Inheritance Laws: Assets Without Heirs Turn to Charity

New UAE laws ensure expat assets without heirs become charitable endowments. Non-Muslims see fairer inheritance shares, and minors can manage assets earlier.

FTSE 100 Breaks 10,000 Points in Strong 2025 Santa Rally

January 2, 2026

FTSE 100 Breaks 10,000 Points in Strong 2025 Santa Rally

The UK’s FTSE 100 index breached the 10,000 mark for the first time, boosted by Rolls-Royce, Melrose and Fresnillo. The strong finish caps a 21.5% rise in 2025 amid a global stock rally.

US Cuts Proposed Italian Pasta Tariffs to 2-14% from 92%, Easing Trade Tensions

January 2, 2026

US Cuts Proposed Italian Pasta Tariffs to 2-14% from 92%, Easing Trade Tensions

The US government slashed proposed tariffs on Italian pasta from as high as 92% to between 2% and 14%. This move lowers the cost for brands like Barilla and eases a brewing trade dispute. Final tariff decisions will be announced on March 12 as talks continue.