1. NATIONAL AFFAIRS (INDIA) India Post Launches New Speed Post Services India Post has launched Speed Post 24 and Speed Post 48 services offering guaranteed delivery within 24 hours and 48 hours, respectively. Announced by Union Minister for Communications Jyotiraditya Scindia during an event in Pichor, Shivpuri district, Madhya Pradesh. Renovation of Pichor sub-post office…
I. NATIONAL NEWS RBI Takes Over Delhi Government Banking & Public Debt Management Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) with the Government of the National Capital Territory of Delhi. Under this pact, effective from 09.01.2026, RBI will manage general banking operations, cash flows, and rupee-denominated public debt for Delhi government….
1. National News – India Projecting India’s Economic Growth (UN-DESA Report) The United Nations Department of Economic and Social Affairs (UN-DESA) projected India’s GDP growth at 6.6% in 2026 and 6.7% in 2027 based on the World Economic Situation and Prospects (WESP) 2026report. Global growth is expected to moderate to 2.7% in 2026, with global…
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. 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…
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…
1. NATIONAL AFFAIRS 1.1 Prime Minister Receives Oman’s Highest Civilian Honour Prime Minister Narendra Modi was conferred the Order of Oman, the highest civilian award of the Sultanate of Oman, in recognition of strengthening bilateral ties. The honour was bestowed during an official visit highlighting enhanced strategic cooperation. 1.2 India and Oman Sign CEPA Expansion…
1. National Developments India’s Monetary Policy Outlook Reserve Bank of India (RBI) Governor Sanjay Malhotra indicated that the key policy rates are expected to remain low for a prolonged period in view of sustained economic growth and subdued inflation trends. India’s inflation was recorded at 0.71% in November 2025, with projections forecasting a rise to…
