International Customs Day (ICD) is observed every year on January 26 to recognise the vital role played by customs administrations in facilitating global trade, protecting borders, and preventing illegal movement of goods. The day highlights how customs authorities ensure smooth cross-border trade, support revenue generation, and safeguard national security.

The observance traces its origins to 1953, when the first session of the Customs Cooperation Council was held in Brussels, Belgium. Today, the organisation is known as the World Customs Organization (WCO) and represents 183 member countries, working to strengthen customs systems worldwide.

Excavations which began on January 16 on the premises of the Kote Veerabhadreshwar temple in Lakkundi village of Gadag district have yielded relics dating back to the Neolithic period, giving a fillip to the push for its nomination for inclusion in the UNESCO World Heritage Sites list.

The yield of Neolithic relics came close on the heels of a “treasure” being found by a family in the village while digging to lay the foundation for a house.

As India's startup ecosystem continues to scale rapidly, founders are increasingly navigating a complex risk landscape spanning cyber threats, regulatory scrutiny, people-related challenges, and operational disruptions. While innovation and growth remain the primary focus, a single unforeseen incident can significantly impact business continuity, reputation, and investor confidence if risks are not planned for early.

Recognising this gap, ICICI Lombard General Insurance, India's leading private general insurer hosted 'Startup Shield - The Risk Readiness', a focused awareness initiative designed to help Indian start-ups identify, assess, and mitigate key business risks through structured risk planning and appropriate insurance solutions.

The exclusive event brought together over 100 participants, including startup founders, private equity and venture capital investors, CXOs, industry experts, and risk professionals, for interactive discussions on building resilient and future-ready businesses. The initiative aimed to move the conversation beyond risk avoidance, encouraging founders to adopt a proactive approach to risk preparedness as they scale.

In a step aimed at strengthening indigenous defence capability and operational readiness in the eastern theatre, the General Officer Commanding (GOC), Gajraj Corps, interacted with P.B. Rangarao, Chief Executive Officer of Helicopter Complex, Hindustan Aeronautics Limited (HAL), officials said on Tuesday.

The interaction focused on enhancing the serviceability of Army helicopters and strengthening Maintenance, Repair and Overhaul (MRO) support to ensure higher operational availability and responsiveness.

Subsequently, the GOC, Blazing Sword Division, along with P.B. Rangarao, unveiled the foundation stone of HAL's MRO Hub at Missamari in Assam. The upcoming facility is expected to significantly reduce repair turnaround time, streamline logistics support and provide sustained MRO support to Army Aviation and the Indian Air Force.

The Government has selected five companies in the fourth round of the Production-Linked Incentive (PLI) Scheme for White Goods, with a committed investment of 863 crore rupees. The Ministry of Commerce and Industry stated that these five companies are engaged in the manufacturing of air conditioner (AC) components and are expected to achieve a total production of over 8 thousand 300 crore rupees and generate 1,799 additional direct jobs by the Financial Year 2027-28.

The Ministry said the five firms were picked provisionally after evaluation of 13 applications received in the fourth round under the PLI Scheme for White Goods. It is informed that with the latest round, a total of 85 companies have now been selected under the PLI Scheme for White Goods, covering air conditioners and LED lights. These firms are expected to make investments of 11 thousand 198 crore rupees and achieve a cumulative production of 1 lakh 90 thousand crore rupees over the scheme period.

The Aam Aadmi Party (AAP) government in Punjab has rolled out the Mukh Mantri Sehat Yojana (MMSY), a universal healthcare scheme that provides cashless medical treatment of up to Rs 10 lakh per family per year. With no exclusions, the scheme aims to bring all residents of the state under a single healthcare coverage framework.

The Scheme
It applies to all bonafide residents of Punjab. Families possessing an Aadhaar card and Voter ID are eligible for enrolment, while children below the age of 18 are covered through the voter identity documents of their parents or guardians. Government employees, pensioners and individuals engaged on contractual, outsourcing or consultancy basis with Punjab government departments, boards, corporations, trusts and societies are also included. There is no income limit under the scheme.

The Cover
The state government has stated that the scheme will cover around 65 lakh families, benefiting nearly 3 crore people. Each eligible family is entitled to cashless medical treatment of up to Rs 10 lakh annually, doubling the earlier coverage limit of Rs 5 lakh that was available under previous health insurance arrangements.

The Goa government on Wednesday signed a Memorandum of Understanding (MoU) with Starlink Satellite Communications Private Limited.

The partnership with the Elon Musk-owned firm will focus on providing high-speed satellite broadband connectivity to select locations with limited or no terrestrial network coverage, including government schools, healthcare facilities and disaster management centres, state officials said.

The MoU was signed between the Department of Information Technology, Electronics and Communications (DITE&C) and Starlink in the presence of Chief Minister Pramod Sawant, IT, Electronics and Communications Minister Rohan Khaunte, and chief secretary V Candavelou, among other senior officials.

Former India defender Ilyas Pasha died on Thursday after a long illness, the All India Football Federation (AIFF) informed while expressing condolences. He was 61 and is survived by his wife, two daughters and two sons.

Pasha, a dedicated and soft-spoken footballer, built a notable career in defence, mainly playing as a right wing-back. He was known for his precise timing, calm attitude and sharp game awareness. His disciplined positioning and careful tackles made life difficult for opposing wingers, giving his goalkeepers added confidence.

At the international level, Pasha made his senior India debut on January 27, 1987, against Bulgaria in the Nehru Cup at Kozhikode. He earned eight international caps, featuring in two Nehru Cup tournaments (1987 and 1991), the 1991 SAF Games and the 1992 Asian Cup qualifiers.

A Pixxel-led consortium has formally signed an agreement with the Indian National Space Promotion and Authorisation Centre (IN-SPACe) to build and operate India’s national Earth Observation (EO) satellite constellation. The agreement was signed on Wednesday in Bengaluru, marking India’s first privately led national EO system under a public-private partnership framework.

Under the new arrangement, Pixxel will design, build, own, and operate the constellation on behalf of the government. The project is being positioned as a major shift in how national space infrastructure is developed - moving from fully state-built systems to privately executed and financed models.

Fintech major Razorpay's offline payments arm, Razorpay POS, on Thursday said it has secured licence from the Reserve Bank of India (RBI) to act as an offline payment aggregator.

With this authorisation, Razorpay now holds all three key RBI licences-online payment aggregator, cross-border payment aggregator (secured in December 2025), and offline payment aggregator, according to a company statement.

The PA-P licence will allow Razorpay POS to further scale its in-store payment infrastructure, supporting high-volume transactions for diverse sectors ranging from large retail chains to Small and Medium Enterprises (SMEs).

"For us, regulation isn't an afterthought; it's core to how we build. Securing the RBI's Offline Payment Aggregator License further strengthens our ability to support businesses with scalable, compliant in-store payments as they expand their omnichannel presence," Razorpay MD and Co-founder Shashank Kumar said.