Business
Resident doctors to vote on strike action in pay row with Scottish Government
Resident doctors in Scotland are set to be balloted on industrial action after a union accused the Scottish Government of “going back” on a pay agreement.
BMA Scotland said the Government pledged in 2023 to make “credible progress” towards restoring pay to 2008 levels in each of the next three years.
However, it said the Government’s pay offer for resident doctors – formerly known as junior doctors – for next year would see them receive a real-terms pay cut.
The union added that the “unacceptable” offer is below the level recommended by an independent pay review, and the lowest uplift for resident doctors anywhere in the UK.
Dr Chris Smith, chairman of the BMA’s Scottish resident doctor committee (SRDC), said: “In our pay negotiations this year, the Government has shamefully reneged on the deal we agreed in 2023, and we therefore have been left with no choice but to move forward with plans to ballot members for strike action in order to protect that deal.
“This agreement was the only thing that prevented strike action by resident doctors in Scotland in 2023 and we remain the UK’s only resident doctors not to have gone on strike since it was agreed.
“But that will be forced to change if our agreed deal is ignored. By going back on the deal, the Scottish Government have knowingly and severely increased the likelihood of us choosing the path of industrial action and the disruption to the NHS that will cause.
“To be absolutely clear, on our side, we want a negotiated settlement, as we have achieved each of the past two years.”
Dr Smith said there is still time to avert industrial action, but a “real improvement” in the offer is needed.
“The offer this year is likely to be less even than RPI inflation, which means that it would have constituted a real-terms pay cut – we are already 17% worse off than our peers were in 2008 and this would have made that worse,” he said.
“It is completely unacceptable and it is clear that this is a far cry from the credible progress on the path to pay restoration that we were promised.”
Dr Smith warned that without an acceptable offer the NHS risks losing resident doctors to “other professions and countries”, which he said would have “disastrous consequences for a heath service already on its knees”.
He continued: “The decision to ballot for strike action has not been taken lightly, but frankly we have been left with no other choice.
“We are not asking for more – we trusted the Scottish Government in accepting the pay deal and are simply asking that they now deliver that deal.”
Health Secretary Neil Gray said he “did not recognise” claims the Government has backtracked on the 2023 agreement, pointing out that resident doctors received uplifts of 12.4% in 2023/24 and 11% in 2024/25.
“These were the highest pay awards across the public sector that, I believe, were justified to begin the process of delivering on the 2023 agreement in good faith,” he said.
“While I respect the BMA’s right to pursue this course of action, I am nonetheless disappointed that resident doctors have chosen to be in dispute with the Scottish Government.
“I have made a fair, affordable, equitable pay offer of 4.25% for 2025/26, with a further 3.75% for 2026/27.
“That’s the same offer that nurses and other NHS staff chose to accept earlier this year and shows the value we also place on the role that resident doctors play in our hospitals and health clinics.”
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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