India, Saudi Arabia joint military exercise to begin from January 29-February 10:

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• The ILO has projected that global unemployment will remain at a historic low of 4.9% in 2026, though millions of workers continue to face extreme poverty and informal employment.

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• The World Bank has raised India’s FY26 GDP growth forecast to 7.2%, citing strong domestic demand and reforms, keeping India the fastest-growing major economy.

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• Sydney-based amateur Jordan Smith won A$1 million after defeating top professionals to clinch the ‘One Point Slam’ tournament ahead of the Australian Open.

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• The U.S. has suspended immigrant visa processing for citizens of 75 countries over concerns that they may rely on public welfare.

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