FREE Current Affairs PDF | English – 08 Jan 2026 | Banking • TNPSC • SSC

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PIB NEWS

Dr. Arvind Virmani released the fifth edition of NITI Aayog’s Trade Watch Quarterly for Q1 FY 2025–26 on 6th January 2026, providing data-driven insights on India’s trade performance and automotive exports competitiveness amid global shifts.

Ministry of Cooperation implemented 114 initiatives since July 2021 under “Sahkar se Samriddhi” vision, strengthening PACS through computerization of 79,630 units, new multi-purpose societies, grain storage, and three national Multi-State Cooperatives like NCEL, BBSSL, NCOL.

Indian Railways reached 99.2% electrification of its 70,001 RKM Broad Gauge network with 69,427 RKMs electrified as of November 2025, accelerating from 1.42 km/day pre-2014 to over 15 km/day since 2019 through modern technologies and solar integration.

Ministry of I&B’s WaveX startup accelerator signed MoU with FITT-IIT Delhi on 6th January 2026 to strengthen innovation, incubation, and entrepreneurship in media, entertainment, broadcasting, and communication technologies.

Department of Pharmaceuticals achieved significant milestones in 2025 including 17,610 Jan Aushadhi Kendras operational with ₹1409 crore sales in FY 2025-26, India MedTech Expo showcasing end-to-end MedTech ecosystem, Bulk Drug Parks development, and PLI scheme generating ₹12,344 crore medical device sales.

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IMPORTANT CIRCULARS

Reserve Bank of India released the December 2025 Financial Stability Report reflecting FSDC Sub-Committee’s assessment that the Indian financial system remains robust despite global vulnerabilities, with strong SCB capital buffers, improved asset quality, and NBFC resilience confirmed through macro stress tests.

INDUSTRY NEWS

India’s tech startups recorded lowest funding in 5 years at $10.5 billion in 2025 per Tracxn report showing 17% decline though early-stage funding rose 7% while Lucknow AI City project advances with land earmarked for two-phase ambitious development.

Uttar Pradesh government identified land near Defence Expo site for Lucknow AI City development in two phases with 60% core zone for AI innovation centres, technology parks and research facilities plus ₹10,732 crore corpus allocated under PPP model to position the city among top 20 global AI hubs.

Institutional investments in Indian real estate hit all-time high of $8.5 billion in 2025 with 29% YoY growth led by record $4.2 billion Q4 inflows where domestic capital doubled to $4.8 billion (57% share) while office sector attracted $4.5 billion (54% total) with Bengaluru-Mumbai capturing nearly half of investments.

FINANCIAL NEWS

India Ratings & Research projects Indian economy to grow at 6.9 per cent in FY27 with Goldilocks situation persisting through GST reforms, income tax cuts and trade pacts shielding growth from global turbulence while current FY26 sees 7.4 per cent real GDP expansion.

India’s services PMI moderated to 58.0 in December 2025 from 59.8 while Ind-Ra forecasts 6.9% GDP growth in FY27 maintaining Goldilocks scenario with 3.8% inflation supported by GST reforms, FTAs and tax cuts alongside record $8.5B real estate investments and NITI Aayog’s affordable housing fund proposal.

The Reserve Bank of India reported that the Supervisory Data Quality Index score of scheduled commercial banks improved to 90.7 in the September 2025 quarter from 89.9 in the April-June period, reflecting better accuracy, timeliness, completeness, and consistency in return submissions.

RBI reported scheduled commercial banks’ Supervisory Data Quality Index score improved to 90.7 in September 2025 quarter from 89.9 while Delhi government signed MoU with RBI for professional management of borrowings and cash flows enhancing state financial discipline.

NATIONAL & STATES NEWS

Ministry of Road Transport proposes Aadhaar-like Battery Pack Aadhaar Number for EV batteries ensuring end-to-end traceability while Centre sanctions 24 chip design projects under DLI scheme targeting surveillance, drones, microprocessors and satellite communications to strengthen India’s semiconductor ecosystem.

Centre sanctioned 24 chip design projects under Design Linked Incentive Scheme covering video surveillance, drone detection, energy meters, microprocessors, satellite communications and IoT SoCs as part of ₹76,000 crore Semicon India Programme implemented by MeitY through C-DAC nodal agency.

Telangana Legislative Assembly unanimously passed Telangana Panchayat Raj (Amendment) Bill 2026 abolishing 1994 two-child norm that disqualified candidates with more than two children from contesting Gram Panchayat elections citing rural fertility rate decline to 1.7 threatening demographic dividend.

WORLD NEWS

Oman approves $29.77 billion general state budget for 2026 projecting $31.15 billion public expenditure targeting 4% economic growth through 2030 with $1.38 billion deficit while Oman Investment Authority contributes $11.4 billion supporting education healthcare and 2500km infrastructure amid oil diversification.

Indonesian authorities raised alert level for Mount Bur Ni Telong stratovolcano in Aceh from Level III to II after December 30, 2025 spike with 7 felt volcanic earthquakes plus 23 recorded quakes amid Aceh flood recovery evacuating 3 villages within 2km radius fearing phreatic eruptions and toxic gas during rains.

MISCELLANEOUS

The Music Academy Madras has conferred the prestigious Sangita Kalanidhi award for 2025 upon renowned Carnatic violinist RK Shriramkumar, who will preside over the academy’s 99th annual conference and concerts.

World Braille Day observed annually on 4th January honours Louis Braille (1809-1852) who invented the six-dot tactile reading system in 1824 enabling literacy for visually impaired people worldwide with the United Nations proclaiming this date in 2018 for first global observance in 2019 to promote Braille access in education healthcare and digital content for 2.2 billion people living with vision impairment.

National Bird Day is celebrated every year on January 5 to honour birds, raise awareness about their welfare, and highlight their beauty, intelligence, and ecological importance across various species from garden birds to migratory ones.

The Appointments Committee of the Cabinet has approved the assignment of additional charge of Secretary, Ministry of Parliamentary Affairs to Niraj Verma, IAS officer of Assam-Meghalaya cadre 1994 batch, during the leave period of incumbent Nikunja Bihari Dhal from January 3 to January 29, 2026.

Senior Congress leader, former Union Minister and Indian Olympic Association president Suresh Kalmadi passed away in Pune on January 6, 2026 aged 81 after prolonged illness survived by wife, son , two daughters and grandchildren with last rites at Vaikunth crematorium.

Karnataka recorded highest-ever 198 organ donations in 2025 surpassing 2023’s 178 figure securing third position nationally behind Tamil Nadu (267) and Telangana (205) with 306 kidneys 288 corneas 167 livers retrieved through Jeevasarthakathe SOTTO.

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