Daily Current affairs and GK Update
A. National Affairs – India 1. Important National Observances World Hindi Day 2026 observed on 10 January to celebrate the global influence and recognition of the Hindi language and its literature. The day marks the anniversary of the first World Hindi Conference held in Nagpur. 2. Vice-President’s Key Addresses & Conferences C. P. Radhakrishnan, Vice-President…
1. National Affairs – India 1.1 Finance & Economic Developments RBI Takes Over Delhi Government Banking Operations From 9 January 2026, the Reserve Bank of India (RBI) has assumed responsibility for banking operations and public debt management of the Delhi government. Aims to enhance efficiency in cash and debt administration and align Delhi’s public finance…
I. NATIONAL AFFAIRS (INDIA) 1. RBI and Delhi Banking Administration Reserve Bank of India (RBI) entered into a formal agreement with the Government of the National Capital Territory of Delhi (GNCTD) to manage banking operations and rupee-denominated public debt for the capital starting January 9, 2026. This collaboration marks enhanced oversight of financial operations at…
National Affairs (India) Union Government Approves Revised Green Hydrogen Mission Targets The National Green Hydrogen Mission target has been revised to 7 million metric tonnes per annum by 2030, up from the earlier 5 MMT target. Total outlay under the mission now stands at ₹23,500 crore. The mission aims to reduce carbon emissions by nearly…
National Affairs Union Cabinet Approvals The Union Cabinet approved the National Digital Payments Expansion Programme 2026, aimed at increasing UPI penetration in Tier-3, Tier-4 cities and rural India. Target: 10 billion monthly digital transactions by December 2026. Nodal Ministry: Ministry of Finance in coordination with NPCI. India’s Fiscal Deficit Update India’s fiscal deficit for April–November…
I. INTERNATIONAL AFFAIRS Bangladesh Withdraws from T20 World Cup Matches in India Bangladesh Cricket Board announced it will not play its scheduled matches in India for the ICC Men’s T20 World Cup 2026 due to security concerns and political tensions. Requests the International Cricket Council (ICC) to relocate fixtures to a neutral venue (likely Sri…
National Affairs 1. Union Government Pushes Fiscal Discipline Ahead of Union Budget 2026 The Union Ministry of Finance reaffirmed commitment to fiscal consolidation with a medium-term target to reduce the fiscal deficit below 4.5% of GDP by FY 2026–27. Capital expenditure allocation for infrastructure is expected to remain above ₹11 lakh crore, focusing on railways,…
1. NATIONAL AFFAIRS — INDIA 1.1 Tamil Nadu to Announce Decision on Old Pension Scheme Tamil Nadu Chief Minister MK Stalin to announce government’s decision on the Old Pension Scheme (OPS) on 3 January 2026. OPS restoration has been long-standing demand of teacher and employee unions; government earlier planned announcement after 6 January. Around 6.24…
1. National Affairs – India Economic & Banking Updates Indian Banking Sector Health Reserve Bank of India (RBI) stress tests indicate Indian banks are in the healthiest position in a decade, with strong capital buffers able to withstand extreme shocks and improved asset quality. Gross bad loans projected to decline to 1.9% by March 2027…
1. National Affairs — India Banking and Economy RBI Stress Test Report 2025: Reserve Bank of India (RBI) assessment shows Indian banks are currently the strongest in a decade, with a declining ratio of bad loans and adequate capital buffers to withstand severe financial stress; highlights improved asset quality and liquidity position after sustained monetary…
