Global & International Affairs 56th World Economic Forum concluded in Davos (19–23 Jan 2026) Annual global economic summit held at Davos, Switzerland, focused on global growth, innovation, sustainability, and cooperation. Major discussions involved geopolitical tensions, trade, climate finance, and technological governance. Key world leaders and business chiefs participated to shape policy responses for global challenges….
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,…
National Current Affairs 1. Government of India Launches National Digital Credit Framework The Union Government unveiled a comprehensive National Digital Credit Framework to improve credit access for MSMEs, small traders, and self-employed individuals. The framework integrates GST data, bank transaction history, UPI usage, and digital footprints for faster loan approvals. Objective: Strengthen formal credit penetration…
