Business
Bank holiday today on Hazrat Ali birthday: Where are banks closed on January 3? Check list | India Business News – The Times of India
As 2026 gets underway, it’s advisable to check the bank holiday calendar before planning a visit to the branch. Missing a holiday can quickly turn a bank visit into a wasted trip, particularly in the early days of the year when people are getting back to work and managing their finances. Banks in India observe a mix of national and state-specific holidays, which means branch closures can differ from one state to another.
Are banks closed on January 3?
On Saturday, January 3, banks in Uttar Pradesh are closed to observe the birthday of Hazrat Ali. Usually banks are shut only on second and fourth Saturdays of the month according to the RBI calendar.
More holidays in January 2026:
January 12: Banks in West Bengal will be closed to mark the birthday of Swami Vivekananda.January 14: Banking services will be suspended in Gujarat, Odisha, Assam and Arunachal Pradesh on account of Makar Sankranti and Magh Bihu.January 15: Banks in Karnataka, Tamil Nadu, Sikkim, Telangana and Andhra Pradesh will remain shut in observance of Uttarayana Punyakala, Pongal, Maghe Sankranti and Makara Sankranti.January 16: Banks in Tamil Nadu will be closed for Thiruvalluvar Day, followed by another closure in the state on January 17, 2026, due to Uzhavar Thirunal.January 23: Banks in Tripura, Odisha and West Bengal will remain shut in observance of the birthday of Netaji Subhas Chandra Bose, Saraswati Puja (Shree Panchami), Vir Surendrasai Jayanti and Basanta Panchami.January 26: Banks will remain closed nationwide on the occasion of Republic Day.Being aware of bank holidays in advance can help customers plan essential financial transactions and avoid last-minute disruptions. However, a bank holiday does not mean that no banking activity is available. Even when branches are closed, customers can continue to access online banking services, ATMs, mobile banking apps and UPI for fund transfers, bill payments and other routine transactions. However, services that require a physical visit to the branch, such as large cash deposits, cheque clearances and the issuance of demand drafts, will not be available. To avoid inconvenience, account holders are advised to plan such activities ahead of time and rely on digital banking options during bank closures.
Business
India-US trade deal back in focus: Indian delegation to visit Washington next week for talks – The Times of India
India-US trade deal update: Months after India and the US announced an interim trade agreement that reduces tariffs on India to 18%, an official Indian delegation is set to travel to Washington next week for discussions with US authorities, a government source said on Wednesday.According to a PTI source, the visit is scheduled for next week. The agreement had originally been expected to be signed in March, but developments in the Donald Trump tariff regime following a ruling by the Supreme Court of the United States have changed the circumstances.
In this light, the talks between trade representatives of India and the United States are seen as particularly significant. Officials had earlier indicated that the deal would be concluded only after clarity emerges on the revised tariff structure in the United States.In February, the two countries had announced that they had finalised the framework for the first phase of their bilateral trade pact. As part of this understanding, the US had agreed to bring down tariffs on Indian goods to 18 per cent.However, the tariff environment in the US shifted after the court struck down sweeping reciprocal tariffs introduced by President Donald Trump. Subsequently, the US administration imposed a uniform 10 per cent tariff on imports from all countries for a period of 150 days starting February 24.Amid these changes, a planned meeting between the chief negotiators from both sides was deferred last month. The two countries had been scheduled to meet in February to finalise the legal text of the agreement.At the time the framework was agreed, India enjoyed a relative advantage over competing nations. That edge has since narrowed, as all US trading partners are now subject to the same 10 per cent tariff.The upcoming talks will also be crucial in the context of two ongoing investigations initiated by the Office of the United States Trade Representative under Section 301.On March 12, the USTR launched a probe covering around 60 economies, including India and China. The investigation aims to assess whether policies or practices related to the enforcement of bans on goods produced using forced labour are unreasonable or discriminatory, or whether they restrict US trade.A day earlier, on March 11, the USTR had initiated another Section 301 investigation focusing on the policies and industrial practices of 16 economies, including India and China.
Business
Lidl and Iceland ads banned under new ‘less healthy’ food rules
Ads for supermarkets Lidl and Iceland have become the first to be banned under new rules governing “less healthy” food and drink.
The rules, which came into effect at the beginning of the year, are part of Government efforts to tackle childhood obesity by preventing ads for food and drink that is high in fat, salt and sugar (HFSS) appearing on television between 5.30am and 9pm, and online at any time.
The new ban applies to products that fall within 13 categories considered to play the most significant role in childhood obesity, including soft drinks, chocolates and sweets, pizzas and ice creams, but also breakfast cereals and porridges, sweetened bread products, and main meals and sandwiches.
Products that fall into these categories are than also assessed as to whether they are “less healthy” based on a scoring tool that considers their nutrient levels and whether products are high in saturated fat, salt or sugar.
Only products that meet both of the two criteria are included in the restrictions.
The Advertising Standards Authority (ASA) said an Instagram post for Lidl Northern Ireland by influencer Emma Kearney featured the grocer’s cheese pretzel, which was not categorised as HFSS and therefore did not fall within the restrictions, and its Pain Suisse product, which was classified as both HFSS and a sweetened bread product and was therefore banned under the new rules.
Lidl said the ad had been removed and they had liaised with their marketing agency to ensure that all future ads complied with the new rules.
In a separate case, Iceland confirmed that two ads included a tub of Swizzles Sweet Treats, a packet of Chupa Chups Laces, a bag of Chooee Disco Stix and a bag of Haribo Elf Surprises, which were all classified as HFSS.
They also provided nutrient profile information from their supplier which confirmed that Pringles Sour Cream & Onion crisps, also included in the ads, were not an HFSS product.
Iceland’s Luxury Aberdeen Angus Beef Roasting Joint, Vegetable Spring Rolls, Sticky Chicken Skewers and Lurpak Spreadable Butter, which were also included in the ads, did not fall within the new restrictions.

The ASA did not uphold a complaint against an Instagram post by influencer John Fisher – known to many as Big John – which featured him promoting menu items at a new German Doner Kebab outlet because the specific items shown in the ad were not classified as less healthy foods.
The watchdog also cleared a TV ad for On The Beach promoting free airport lounge access which featured a boy approaching a buffet and taking a chocolate ring doughnut.
The ASA said viewers would see the ad as showing an example of what was available in the lounge rather than for the doughnut itself, meaning it did not break the rules.
ASA chief executive Guy Parker said: “As the ad regulator, our role is to remain impartial and independent, making sure our new LHF rules, which reflect the law, are applied fairly and consistently.
“These initial rulings are an important step in building a clearer picture of how the rules are applied in reality.
“We’ll be continuing to play our role in administering and enforcing them, including by using tech-assisted proactive monitoring.”
An Iceland spokesman said: “The products highlighted were part of a bigger range in the specific display ad and were featured due to a technical fault with a data feed from a third-party supplier.
“As the ASA has pointed out, these initial rulings are helping to build a clearer picture of how the new rules are applied, following the initial confusion and debate around the regulations.”
Business
Crisis grants launched for struggling Bradford families
At a meeting of the local authority’s executive on Tuesday, MacBeath said the scheme aimed to move beyond emergency aid by helping families become more financially “resilient”, offering advice on managing money, accessing benefits, reducing debt and finding work.
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