World Updates

World Updates

January 3 Weather: Dense Fog & Cold Wave Hits 19 North Indian Districts

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India Water Crisis: Growth, Pollution and a Public Health Emergency

On January 3, 2026, a cold wave and dense fog are still plaguing several areas of the nation. In 19 districts in northern India, morning visibility fell below 25 meters, interfering with daily activities. In several cities, the temperature fell below 5 degrees Celsius. Weather for January 3, 2026 Whether in the east, west, north, … Read more

Drone Crash Dumps Heroin Near India‑Pakistan Border, 3 Arrested

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India-EU Free Trade Agreement signing timeline confirmed by Commerce Secretary Rajesh Agrawal

In Rajasthan’s Sriganganagar district, close to the international border between India and Pakistan, 4.88 kg of heroin valued at Rs 20 crore was found late on Thursday night after being supplied by drone. While dumping drugs, the drone crashed. Three smugglers who were transporting the heroin and the downed drone were apprehended by Rawla police. … Read more

AI Bets Drive Emerging Market Stock to 5-Year High

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Grover Jewells' shares surpass gray market predictions by listing at a 9% premium to the SME IPO price. On February 11, Grover Jewells' shares made a modest debut on the stock market, going up to Rs 96 per on the NSE Emerge platform. This is a premium of almost 9% above the Rs 88 IPO price per share. With a market valuation of Rs 139.27 crore, the company made its debut on the stock exchanges. Grey market estimates versus listing premium: The listing premium has greatly exceeded grey market expectations, even with the market's lackluster beginning. The company's unlisted shares were trading flat at the IPO price of Rs 88 with no grey market premium (GMP) prior to listing. When the IPO was up for public bidding from February 4 to February 6, the site's quoted GMP was close to 3 percent. The company's unlisted shares were trading at 0 GMP over the IPO price, according to IPO Watch as well. Grover Jewells IPO: Grover Jewells, a gold jewelry manufacturer situated in Delhi, went public in order to generate Rs 33.83 crore by issuing 38.44 lakh shares at a price range of Rs 83–88 each. With a minimum investment of Rs 1.41 lakh, investors could bid for 1,600 shares, and then in multiples. The IPO received over 19 subscriptions between February 4 and February 6, indicating that investors were quite interested in it throughout its three days of public bidding. With approximately 38 bookings of their allotted allocation, non-institutional investors (NII) shown the highest level of interest in the IPO. Qualified institutional buyers (QIB) and retail sections were reserved 11 times and 16 times, respectively. Working capital will be the primary use of the IPO proceeds, with the remaining sum going toward general business needs.

As excitement about Asia’s expanding role in artificial intelligence drove the region’s technology shares, emerging-market equities got off to a great start in 2026 and reached their highest point in over five years. Emerging markets start 2026 strong The MSCI Inc. index of developing countries closed at its highest level since February 2021 after rising … Read more

China’s BYD Overtakes Tesla as World’s Top EV Seller

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China’s BYD surpasses Tesla to become the world’s leading electric vehicle manufacturer

After a year marked by controversy over CEO Elon Musk’s political maneuvering and the termination of US tax advantages for consumers, Tesla lost its position as the world’s leading seller of electric cars to Chinese manufacturer BYD. Tesla loses EV market leadership In contrast to BYD, which sold 2.26 million cars in 2025, the business … Read more