📌 NATIONAL AFFAIRS 🔹 Union Budget 2026-27 (Presented on 01.02.2026) Finance Minister: Nirmala Sitharaman presented the Union Budget 2026-27 in Parliament, marking her ninth consecutive Budget. Fiscal Deficit Target FY 2026-27: Set at 4.3% of GDP (reduced from 4.4% in FY25-26). Capital Expenditure: Increased to ₹12.2 lakh crore, the highest ever, accounting for 4.4% of…
🌐 International Affairs 1. India–European Union Landmark Free Trade Agreement India and the European Union (EU) concluded a historic Free Trade Agreement (FTA) on 27 January 2026, described by leaders as the “mother of all deals”. The FTA is aimed at liberalising trade in goods and services between India and the 27 EU member states,…
🇮🇳 NATIONAL AFFAIRS 1. India-EU Landmark Free Trade Agreement India and the European Union (EU) finalised a Free Trade Agreement (FTA) on 27 January 2026 after nearly two decades of negotiations. The deal is described as the “mother of all trade deals”, creating a free trade zone covering ~2 billion people and about 25% of…
🇮🇳 National News 1. Republic Day 2026 Celebrations India celebrated its 77th Republic Day on 26 January 2026 at Kartavya Path, New Delhi. President Droupadi Murmu presided over the ceremony, unfurling the National Flag and witness a 21-gun salute. Distinguished international dignitaries attended, including Ursula von der Leyen (President of the European Commission) and Antonio…
NATIONAL AFFAIRS Republic Day 2026 Preparations India is set to celebrate the 77th Republic Day on 26 January 2026, commemorating the adoption of the Indian Constitution on 26.01.1950. Grand Republic Day parade scheduled in New Delhi showcasing defence equipment, cultural tableaux, and marching contingents. Ursula von der Leyen (President, European Commission) and António Costa (Prime…
National Affairs – India Army Vehicle Accident in Jammu & Kashmir On 22 January 2026, an Indian Army vehicle skidded off the Bhaderwah–Chamba road near Khanni Top in Doda district, Jammu & Kashmir. The vehicle fell into a 200-feet deep gorge, resulting in the deaths of 10 army personnel and injuries to 7–11 others (figures…
I. NATIONAL AFFAIRS – INDIA Nitin Nabin elected BJP National President Nitin Nabin elected unopposed as President of Bharatiya Janata Party (BJP). Officially assumed charge on 20 January 2026 at the party headquarters in New Delhi. Ceremony attended by top leaders including Prime Minister Narendra Modi, Union Home Minister Amit Shah and several Chief Ministers….
NATIONAL AFFAIRS — INDIA IMF Revises India’s FY26 GDP Growth Forecast The International Monetary Fund (IMF) raised India’s economic growth forecast for Fiscal Year 2026 to 7.3%, up from earlier estimates. This revision reflects stronger macro-economic performance and resilient domestic demand. The IMF projects slower growth to 6.4% in subsequent years due to moderating drivers….
NATIONAL NEWS RBI Tightens Forex Risk Norms (Banking & Finance) Reserve Bank of India (RBI) issued new draft regulations to tighten foreign exchange risk norms for banks. Banks must assess forex risk capital requirements continuously at both standalone and consolidated levels. Norms aim to align India’s banking risk management with global standards. Implementation date set…
NATIONAL NEWS Aquatic Biodiversity Initiatives under Namami Gange Mission Union Jal Shakti Minister inaugurated Aqua Life Conservation Monitoring Centre for Ganga and other rivers. Centre includes ecotoxicology, aquatic ecology, spatial ecology and microplastic labs. Dolphin Rescue Ambulance launched for emergency response for Ganga dolphins. Indian Skimmer Conservation Project initiated. Conservation action plan released for endangered…
