Overview
- Reliance Industries fell 4.42% to Rs 1,507.70 after stating it has not received Russian crude in recent weeks and expects none in January, wiping out about Rs 1 lakh crore in market value.
- The Election Commission’s Special Intensive Revision draft for Uttar Pradesh removed about 2.89 crore names (18.70%) citing deaths, permanent migration or unavailability, and duplicates, with claims and objections open until February 6.
- Congress repudiated a local tie-up with the BJP in Ambarnath, suspending block chief Pradeep Patil and all 12 councillors involved after senior BJP leader Devendra Fadnavis objected to unauthorized alliances.
- Punjab advanced to a second phase of its anti-drug campaign after reporting 1,859 kg of heroin seized, over 43,000 arrests, 29,978 FIRs and Rs 15.32 crore in alleged drug money recovered in the first phase.
- Toronto police arrested 28-year-old Babatunde Afuwape and charged him with first-degree murder in the December 23 killing of Indian student Shivank Avasthi, saying early findings indicate the attack may have been random.