Business
Trump will meet with Putin in Alaska — here’s what we know
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A historic summit is set to be held between President Donald Trump and Russian President Vladimir Putin in Alaska on Friday.
Though specifics on the summit like the time and exact location remain unknown, all eyes will be on the talks as world leaders wait to see what, if anything, can be accomplished in Putin’s first trip to the U.S. in a decade.
Here’s what we know:

U.S. President Donald Trump meets with Russian President Vladimir Putin in Helsinki, Finland, July 16, 2018. (REUTERS/Kevin Lamarque)
VLADIMIR PUTIN TO RETURN TO US FOR THE FIRST TIME IN A DECADE
AGENDA
White House press secretary Karoline Leavitt confirmed on Tuesday that Trump will travel to Anchorage on Friday morning for what she described as a “listening exercise” with Putin.
Trump, who on Monday described the talks as a “feel-out meeting,” has made clear that his chief agenda item will be to determine whether a ceasefire in Ukraine is even possible.
When pressed by reporters this week as to what he specifically hopes to achieve from the in-person talks with Putin — particularly following seemingly positive calls that only resulted in a “frustrated” Trump and continued Russian bombardment in Ukraine — the president was light on specifics.
Though he told reporters that he thinks he will know whether a ceasefire deal with Putin is even possible within the first “two minutes.”
“I’m not going to make a deal. It’s not up to me to make a deal,” he said. “I think a deal should be made for both [Putin and Ukrainian President Volodymyr Zelenskyy].
“I’d like to see a ceasefire. I’d like to see the best deal that could be made for both parties. You know, it takes two to tango,” he added.
TRUMP GOES AFTER ZELENSKYY OVER ‘LAND SWAPPING’ DISPUTE, LAYS OUT ‘FEEL OUT MEETING’ WITH PUTIN

U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy meet during the NATO Heads of State and Government Summit in The Hague, Netherlands on June 25, 2025. (Getty Images)
EXPECTATIONS
Trump has raised geopolitical eyebrows over the last week when he suggested there would be a land “swap” that Russia and Ukraine would need to agree to.
While it remains unclear which borders he thinks will likely be moved around, particularly which Russian borders he foresees Putin handing over to Kyiv, Ukrainian President Volodymyr Zelenskyy and his allies in NATO have made clear any deal forged without Ukraine will not be acceptable.
Zelenskyy over the weekend reiterated that he cannot unilaterally agree to cede territory illegally occupied by Russia without a national referendum under Ukraine’s Constitution.
“Any decisions that are without Ukraine are at the same time decisions against peace,” he added. “They will not bring anything. These are dead decisions. They will never work.”
Following a meeting with top EU officials on Monday, chief diplomat for the EU Kaja Kallas told Fox News Digital, “Ukraine’s right to exist as a sovereign nation is under attack, as well as the security of our European continent.”
“As far as Russia has not agreed to full and unconditional ceasefire, we should not even discuss any concessions,” she said. “It has never worked in the past with Russia, and will not work with Putin today.
Trump, who is slated to hold talks with Ukraine and NATO allies on Wednesday, said he will first call Zelenskyy following his talks with Putin, followed by calls to European leaders.

French President Emmanuel Macron, European Commission President Ursula Von der Leyen, NATO Secretary General Mark Rutte, Japanese Prime Minister Shigeru Ishiba, German Chancellor Friedrich Merz, US Secretary of Treasury Scott Bessent, Canadian Prime Minister Mark Carney, Ukrainian President Volodymyr Zelenskyy, British Prime Minister Keir Starmer, and Italian Prime Minister Giorgia Meloni meet during the Group of Seven (G7) Summit at the Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta, Canada on June 17, 2025. (LUDOVIC MARIN/AFP via Getty Images)
WHY ALASKA
Though geographically speaking, Anchorage is a near equal distance from Moscow and Washington, D.C., the president prompted surprise when he said Putin had agreed to meet him in Alaska rather than a third-party state, like Switzerland or Hungary, both of which were floated as potential meeting locations.
However, both locations held dubious optics, as Switzerland, a member of the International Criminal Court, could be obligated to act on the 2023 ICC arrest warrant issued against Putin, and Hungary, though frequently seen as sympathetic to Russia, is a NATO member state.
“They probably avoided Europe, because if they included Europe, then Europe would have demanded that they’re actually at the table,” Dan Hoffman, former CIA Moscow Station Chief, told Fox News Digital. “Probably your two choices were go to Russia — which Trump would never do — or invite him here.
“It also exposes the challenge that you can’t solve this without Ukraine and without Europe,” he added.
But Alaska also has a shared history with the U.S., which Washington purchased from Saint Petersburg — then the capital of Russia — in 1867.
Though this shared past was championed by some in Russia and the U.S., like the Kremlin’s special economic envoy Kirill Dmitriev, who called it the “perfect stage” for the Putin-Trump talks, others took to social media to suggest it showed the precarious nature of sovereign borders.

Anchorage, Alaska is set to receive both President Donald Trump and Russian President Vladimir Putin for a high-level bilateral meeting on Friday Aug. 15, 2025. (Zihao Chen via Getty Images)
ZELENSKYY TELLS PUTIN TO ‘BE BRAVE’ AND FINALLY AGREE TO TRILATERAL MEETING WITH TRUMP
ZELENSKYY’S ROLE
Zelenskyy does not appear to have been officially invited to the talks, which the White House on Tuesday confirmed are the result of a direct invitation from Putin.
“The president is agreeing to this meeting at the request of President Putin,” Leavitt said Tuesday. “And the goal of this meeting for the president is to walk away with a better understanding of how we can end this war.”
Zelenskyy is set to hold talks with the U.S. president ahead of the high-level bilateral meeting on Wednesday alongside other European leaders.
Zelenskyy has repeatedly said he is open to meeting with Putin directly to end the war, though Putin has thus far refused.

Poland’s Prime Minister Donald Tusk, Ukrainian President Volodymyr Zelensky, French President Emmanuel Macron, Britain’s Prime Minister Keir Starmer and Germany’s Chancellor Friedrich Merz, hold a telephone conversation with US President Trump on the sidelines of a meeting at the 6th European Political Community summit on May 16, 2025 at Skanderbeg Square in Tirana, Albania. (KuglerSteffen/Bundesregierung via Getty Images)
WHAT’S NEXT
Trump on Monday said his goal is that following his meeting with Putin, the Kremlin chief will sit down with Zelenskyy to begin hashing out terms for a ceasefire — whether or not it includes him in direct negotiations.
“Ultimately, I’m going to put the two of them in a room. I’ll be there, or I won’t be there,” Trump said Monday. “And I think it’ll get solved.”
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Zelenskyy on Tuesday said he also discussed the possibility of holding high-level talks organized by Turkey, which has hosted previous diplomatic negotiations that have failed to secure any lasting ceasefire agreements, but have released thousands of Ukrainian and Russian prisoners of war (POWs).
“We are ready for any format of meeting aimed at stopping the killings and ending the war,” Zelenksyy said. “President Erdoğan confirmed his country’s readiness to organize a summit of the leaders of Ukraine, the United States, Russia, and Türkiye.”
Experts have warned it is too soon to tell what could come out of the talks with Putin on Friday.
Business
National Startup Day 2026: How India’s Startups Are Shaping The Future
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National Startup Day highlights India’s thriving startup ecosystem, celebrating innovation, entrepreneurship and job creation driven by founders, unicorns and Startup India mission
National Startup Day 2026 honours Indian startups, entrepreneurs and innovators driving economic growth and job creation.
National Startup Day 2026: India’s startup ecosystem has evolved into one of the world’s most vibrant and promising innovation hubs. To recognise the contribution of entrepreneurs, founders and startups transforming ideas into impactful solutions, National Startup Day is observed every year on January 16 across the country.
Launched by Prime Minister Narendra Modi in 2022, the day celebrates visionary entrepreneurs who play a crucial role in economic growth, employment generation and technological advancement.
National Startup Day serves as a reminder that innovation, backed by determination and policy support, can reshape society and create global impact.
National Startup Day 2026 Theme
The official theme for National Startup Day 2026 is yet to be announced. However, the core focus areas are expected to revolve around:
- Innovation and emerging technologies
- Entrepreneurship and leadership
- Self-reliance (Atmanirbhar Bharat)
- Startup India Mission
- Youth empowerment
- Job creation
How Startups Are Shaping India’s Future
India currently ranks as the third-largest startup ecosystem globally, with over 1.59 lakh startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) as of early 2025. Backed by 100+ unicorns, the ecosystem continues to grow rapidly.
Metro cities such as Bengaluru, Hyderabad, Mumbai and Delhi-NCR lead this expansion, while Tier-2 and Tier-3 cities are emerging as new innovation centres, adding diversity and scale to India’s entrepreneurial journey.
Startups across fintech, edtech, health-tech, e-commerce and deep-tech are addressing real-world challenges and gaining global recognition. Technologies like artificial intelligence, blockchain and IoT are increasingly driving innovation, according to Startup India ecosystem reports.
Industry-Wise Startup Impact
DPIIT-recognised startups have generated over 16.6 lakh direct jobs across sectors as of October 31, 2024, strengthening India’s employment landscape.
- IT Services: 2.04 lakh jobs
- Healthcare & Life Sciences: 1.47 lakh jobs
- Commercial & Professional Services: 94,000 jobs
Through the Startup India initiative, the government continues to focus on skill development, funding access, ecosystem collaboration and global outreach.
Key Initiatives Under Startup India
- Capacity building and mentorship
- Outreach and awareness programmes
- Ecosystem development events
- International exposure and global linkages
- Collaboration between startups, corporates and institutions.
January 16, 2026, 07:00 IST
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Business
Govt keeps petrol, diesel prices unchanged for coming fortnight – SUCH TV
The government on Thursday kept petrol and high-speed diesel (HSD) prices unchanged at Rs253.17 per litre and Rs257.08 per litre respectively, for the coming fortnight, starting from January 16.
This decision was notified in a press release issued by the Petroleum Division.
Earlier, it was expected that the prices of all petroleum products would go down by up to Rs4.50 per litre (over 1pc each) today in view of variation in the international market.
Petrol is primarily used in private transport, small vehicles, rickshaws, and two-wheelers, and directly impacts the budgets of the middle and lower-middle classes.
Meanwhile, most of the transport sector runs on HSD. Its price is considered inflationary, as it is mostly used in heavy transport vehicles, trains, and agricultural engines such as trucks, buses, tractors, tube wells, and threshers, and particularly adds to the prices of vegetables and other eatables.
The government is currently charging about Rs100 per litre on petrol and about Rs97 per litre on diesel.
Business
Gold price today: How much 22K, 24K gold cost in Delhi, Patna & other cities – Check rates – The Times of India
Gold prices climbed to a fresh lifetime high in the domestic market on Thursday amid sustained buying by jewellers and stockists, according to the All India Sarafa Association.Gold advanced by Rs 800 to hit a new peak of Rs 1,47,300 per 10 grams (inclusive of all taxes), extending gains for the fifth consecutive session. The yellow metal had closed at Rs 1,46,500 per 10 grams in the previous session.Since the start of 2026, gold prices have surged Rs 9,600, or around 7 per cent, supported by persistent demand in the physical market. In overseas trade, spot gold slipped USD 12.22, or 0.26 per cent, to USD 4,614.45 per ounce, after having touched a record high of USD 4,643.06 per ounce in the previous session.Here is how much gold costs in major Indian cities today:
Gold price in Delhi today
The price of 22K gold in Delhi is Rs 13,140 per gram, down Rs 75, while 24K gold is priced at Rs 14,333 per gram, lower by Rs 82.
Gold price in Chennai today
In Chennai, 22K gold costs Rs 13,290 per gram, up Rs 10, while 24K gold is priced at Rs 14,498 per gram, higher by Rs 10.
Gold price in Mumbai today
Mumbai markets see 22K gold priced at Rs 13,125 per gram, down Rs 75, while 24K gold stands at Rs 14,318 per gram, lower by Rs 82.
Gold price in Ahmedabad today
In Ahmedabad, 22K gold is priced at Rs 13,130 per gram, down Rs 75, while 24K gold costs Rs 14,323 per gram, lower by Rs 82.
Gold price in Kolkata today
Kolkata markets price 22K gold at Rs 13,125 per gram, down Rs 75, while 24K gold stands at Rs 14,318 per gram, lower by Rs 82.
Gold price in Jaipur today
In Jaipur, 22K gold costs Rs 13,140 per gram, down Rs 75, while 24K gold is priced at Rs 14,333 per gram, lower by Rs 82.
Gold price in Hyderabad today
Hyderabad sees 22K gold at Rs 13,125 per gram, down Rs 75, while 24K gold is priced at Rs 14,318 per gram, lower by Rs 82.
Gold price in Bhubaneswar today
Bhubaneswar markets see 22K gold priced at Rs 13,125 per gram, down Rs 75, while 24K gold costs Rs 14,318 per gram, lower by Rs 82.
Gold price in Patna today
In Patna, 22K gold costs Rs 13,130 per gram, down Rs 75, while 24K gold is priced at Rs 14,323 per gram, lower by Rs 82.
Gold price in Lucknow today
Lucknow markets see 22K gold priced at Rs 13,140 per gram, down Rs 75, while 24K gold costs Rs 14,333 per gram, lower by Rs 82.
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