FREE Current Affairs PDF | English – 22 Jan 2026 | Banking • TNPSC • SSC

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PIB NEWS

The Competition Commission of India has approved Emirates NBD Bank (P.J.S.C.)’s proposed acquisition of shareholding of up to 74% and not less than 51% in RBL Bank Limited.

The India–AI Impact Summit 2026, scheduled for 16–20 February 2026 at Bharat Mandapam in New Delhi, will serve as the first global AI summit hosted in the Global South to advance AI for governance, innovation, and sustainable development through multilateral cooperation.

Rao Inderjit Singh chaired a high-level review meeting of 221 Central Sector infrastructure projects worth Rs 2.33 lakh crore across 11 ministries in North Eastern States at Guwahati to accelerate execution and support Viksit Bharat @2047 vision.

The Union Government released ₹213.9 crores as the first instalment of XV Finance Commission United Grants for 2025-26 to strengthen 2,192 Gram Panchayats, 182 Block Panchayats and 27 Zilla Parishads across Assam.

Union Minister for New and Renewable Energy Pralhad Joshi addressed the World Economic Forum Annual Meeting 2026 in Davos where he highlighted the challenge of building resilient, scalable, and investment-ready infrastructure for global energy transition while noting India’s achievement of 267 GW non-fossil fuel capacity as of December 2025 under Prime Minister Narendra Modi’s leadership.

The combined Index of Eight Core Industries increased by 3.7 per cent in December 2025 compared to December 2024 with Cement, Steel, Electricity, Fertilizer and Coal recording positive growth while Crude Oil, Natural Gas and Petroleum Refinery Products declined.

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INDUSTRY NEWS

Arunachal Pradesh Chief Minister Pema Khandu highlighted that India recorded $47 billion in electronics exports during calendar year 2025 with 37 per cent year-on-year growth driven by PLI-backed smartphone manufacturing including $22 billion iPhone exports marking the country’s emergence as the world’s third-largest electronics exporter.

Godrej Agrovet signed a three-year agreement with Maharashtra State Rural Livelihoods Mission to empower over 5,000 women farmers in nine cotton-growing districts through training in Good Agricultural Practices and Integrated Pest Management covering more than 50,000 acres of farmland.

Bihar government awarded a Rs 100 crore project to BLS International Services Limited for establishing Permanent Enrollment Centres for Aadhaar services over five years focusing on enrolment, updating, supplementary services and lifecycle management to enhance digital inclusivity.

Civil Aviation Minister Ram Mohan Naidu announced at World Economic Forum Davos that India plans to expand from 164 airports currently to 350 airports by 2047 with 50 new airports targeted in next five years while highlighting third largest domestic aviation market status and 1700 aircraft orders.

FINANCIAL NEWS

Mumbai Metropolitan Region Development Authority signed 10 Memorandums of Understanding worth $96 billion on the first day of World Economic Forum 2026 in Davos to develop infrastructure projects supporting Maharashtra’s $1 trillion economy vision and Mumbai 3.0 transformation.

SBI Research report projects India will enter World Bank’s upper-middle income category by 2030 with per capita income reaching $4,000 while becoming world’s third largest economy by 2028 and $5 trillion GDP by 2027-28 requiring sustained reforms for high-income status by 2047.

CareEdge Ratings forecasts healthy 7 per cent real GDP growth for India in financial year 2026-27 supported by low inflation, lower interest rates, tax relief measures, and robust services exports despite rupee depreciation and declining foreign investment flows.

World Bank approved $286 million financing for West Bengal Health System Reform Program to improve healthcare access and quality for over 90 million people through digital tracking of non-communicable diseases and enhanced services in five focus districts.

BI Life Insurance launched SBI Life Smart Platina Advantage, an individual non-linked non-participating life insurance savings plan offering long-term guaranteed benefits with life cover throughout policy term through limited premium payments and assured annual additions.

NATIONAL & STATES NEWS

India and UAE announced plans to double bilateral trade to $200 billion by 2030 during UAE President Sheikh Mohamed bin Zayed’s visit to New Delhi where PM Narendra Modi invited UAE sovereign wealth funds for India’s second Infrastructure Fund while deepening nuclear reactor and LNG cooperation.

Researchers from Nagaland University and University of Science and Technology Beijing developed carbon quantum dots from waste apple leaves providing up to 96.2 per cent corrosion protection for copper in acidic environments offering sustainable alternatives to toxic industrial inhibitors.

Maruti Suzuki India Limited will invest Rs 35,000 crore to establish a second car manufacturing plant at Khoraj near Gandhinagar with 10 lakh annual production capacity creating 12,000 direct jobs and 7.5 lakh indirect employment opportunities.

WORLD NEWS

World Economic Forum’s 56th annual meeting opened in Davos Switzerland under theme “A Spirit of Dialogue” attracting nearly 3,000 participants from 130 countries to discuss global economy AI technological transformation and sustainability amid heightened geopolitical risks.

MISCELLANEOUS

Vidarbha clinched their first Vijay Hazare Trophy by defeating Saurashtra by 38 runs in the final at BCCI Centre of Excellence in Bengaluru where Atharva Taide scored 128 and Yash Thakur took four wickets.

REC Limited received the Silver Award in the Corporate Net Zero Transition category at SKOCH Awards 2025 recognising its strategic initiatives for environmental stewardship and alignment with India’s net-zero climate goals.

Railway Protection Force Inspector Chandana Sinha was awarded Indian Railways’ highest honour, Ati Vishisht Rail Sewa Puruskar, for rescuing over 1,500 children from trafficking and exploitation across Uttar Pradesh’s rail network.

Reserve Bank of India approved re-appointment of Kaizad Bharucha as Whole-time Director (Deputy Managing Director) of HDFC Bank for three years effective April 19, 2026 following bank’s Governance Committee and Board recommendations.

Italian fashion designer Valentino Garavani known simply as Valentino passed away peacefully at his Roman home aged 93 with his foundation announcing that he will lie in state in Rome followed by a funeral service at the Basilica of Saint Mary of the Angels and Martyrs.

Tata Consultancy Services and Infosys maintained second and third positions respectively as world’s most valuable IT services brands according to Brand Finance IT Services 25 2026 report with India matching US having eight firms each in the top 25 list.​

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