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Zohran Mamdani sworn in as New York City mayor at historic subway station

NEW YORK, January 1, 2026 (AP) — Zohran Mamdani became mayor of New York City just after midnight Thursday, taking the oath of office at an historic, decommissioned subway station in Manhattan. Mamdani, a Democrat, was sworn in as the first Muslim leader of America’s biggest city, placing his hand on a Quran as he took his oath. “This is truly the honor and the privilege of a lifetime,” Mamdani said in a brief speech. The ceremony, administered by New York Attorney General Letitia James, a political ally, took place at the old City Hall station, one of the city’s

Cities around the world welcome 2026 with thunderous fireworks and heightened security

MELBOURNE, Australia, January 1, 2026 (AP) — From Paris to Dubai to Sydney, crowds began ringing in the new year with exuberant celebrations filled with thunderous fireworks or jet skis, while others took a more subdued approach. A countdown to midnight was projected onto the Arc de Triomphe in Paris and Russians celebrated in snowy Moscow. In Japan, temple bells rang and some climbed mountains to see the year’s first sunrise and a light show with somersaulting jet skis twinkled in Dubai. In Rio de Janeiro, revelers packed more than 4 kilometers (2 1/2 miles) of the city’s Copacabana Beach

Stock market starts 2026 on positive note; Sensex climbs over 200 points

Mumbai, Jan 1 (PTI) Equity benchmark indices Sensex and Nifty began the first trading session of 2026 on an optimistic note supported by steady buying by domestic institutional investors and strong gains in blue-chip Reliance Industries. The 30-share BSE Sensex climbed 223.54 points to 85,444.14 in early trade on Thursday. The 50-share NSE Nifty went up by 65.75 points to 26,195.35. From the 30-Sensex firms, InterGlobe Aviation, Mahindra & Mahindra, Eternal, Reliance Industries, Larsen & Toubro and UltraTech Cement were among the biggest gainers. ITC, Bharat Electronics, Trent and Bajaj Finance were among the laggards. Asian markets were closed on

Rupee starts 2026 on negative note; falls 11 paise to 89.99/ USD in early trade

Mumbai, Jan 1 (PTI) The rupee started the new year on a negative note and depreciated 11 paise to 89.99 against the US dollar in early trade on Thursday weighed down by persistent foreign fund outflows. Forex traders said the rupee entered 2026 with both challenges and cushions, while global uncertainty persists, India’s strong macroeconomic parameters and ample forex reserves provide stability. At the interbank foreign exchange market, the rupee opened at 89.94 against the US dollar, then lost some ground and touched 89.99, registering a fall of 11 paise over its previous close. On Wednesday, the last trading session

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