The HDFC ERGO board of directors on Friday announced the resignation of Anuj Tyagi, managing director and chief executive officer of HDFC ERGO General Insurance. He submitted his resignation on January 16, 2026, to pursue his entrepreneurial aspirations. The board said it has initiated a structured succession process to ensure continuity and stability.

Bharat Forge Limited (BFL) has secured defence contracts worth ₹300 crore under the Emergency Procurement–VI (EP-VI) framework for supplying indigenous unmanned systems to the security forces.

These platforms are primarily intended for induction into the Indian Army, with select systems also deployed by the Indian Navy, highlighting the push for indigenous technology to meet urgent operational requirements.

Air India on Friday said it has signed a commercial cooperation framework agreement with Singapore Airlines as part of which the carriers will, among other things, explore ways to improve connectivity between Singapore and India.

Singapore Airlines holds a 25.1 per cent stake in the Tata Group-backed airline.

EPFO subscribers will be able to withdraw their employees' provident fund (EPF) directly to their bank accounts through UPI payment gateway by April this year, a top source has said.

The labour ministry is working on a project where a certain proportion of the EPF will be frozen, and a large chunk will be available for withdrawal through their bank account using Unified Payment Interface (UPI), the source told PTI.

The Centre is set to launch a microcredit programme offering collateral-free loans of up to ₹10,000 per year to gig workers, domestic helpers, and other vulnerable groups, according to the Economic Times.

The Ministry of Housing and Urban Affairs is designing the scheme on the lines of the PM Street Vendors Atma Nirbhar Nidhi (PM-SVANidhi), which supports street vendors with small working capital loans.

Financial strain is the foremost source of stress for young people, many of whom believe artificial intelligence (AI) may reduce entry-level job opportunities, according to Youth Pulse 2026, the World Economic Forum’s (WEF) flagship report on youth perspectives released on Monday.

The WEF’s survey of nearly 4,600 young people from 489 locations worldwide found that half viewed inflation and economic instability as the greatest threats to their lives, while deepening inequality emerged as the leading economic trend shaping the future.

Prime Minister Narendra Modi on Monday said India and Germany have agreed to take their economic partnership to a new level, with deeper cooperation in defence, space and critical technologies. Speaking at the India-Germany CEOs Forum alongwith German Chancellor Friedrich Merz, PM Modi said Germany sees India as a trusted and central partner in its global diversification plans.

Reliance Industries on Monday said its plans for creating a battery storage manufacturing ecosystem remain on track, reported Reuters. The clarification comes in response to a Bloomberg news report stating that the energy-to-telecom conglomerate has paused plans to make lithium-ion battery cells in India after failing to secure Chinese technology.

India and the United States (US) continue to remain “actively” engaged on the proposed trade deal and the “next call” will take place as early as Tuesday, US ambassador to India Sergio Gor said.

“Both sides continue to actively engage. In fact, the next call on trade is tomorrow. Remember India is the world's largest nation. It is not an easy task to get it across the finished line. But we are determined to get there,” Gor said in his first public address after taking over as the ambassador in New Delhi on Monday.

Maruti Suzuki India (MSIL) on Monday said its new car manufacturing plant, the company’s fifth, will be located at Khoraj industrial estate in Gujarat’s Gandhinagar district.

In a notice to the BSE, the company stated that the investment required for this plant will be finalised and approved by its board of directors while framing the phases of installation of capacity.

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