FREE Current Affairs PDF | English – 01 & 02 Jan 2026 | Banking • TNPSC • SSC

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PIB NEWS

Government implemented comprehensive 2025 economic reforms simplifying income tax exempting ₹12 lakh GST 2.0 labour codes MSME expansion enhancing ease doing business inclusive growth.

Ministry Defence signed Rs 4666 crore contracts Close Quarter Battle Carbine Heavy Weight Torpedoes 30 Dec 2025 enhancing Army Navy capabilities Aatmanirbhar Bharat.

Union Minister C R Patil launched Jal Seva Aankalan Gram Panchayat-led digital tool JJM portal assessing rural drinking water services strengthening community ownership VWSC governance.

Ministry Labour Employment 2025 review highlights historic Labour Codes implementation consolidating 29 laws modernising 50 crore workers framework.

Ministry MSME 2025 review highlights revised classification Udyam registrations 7.3 crore CGSMSE guarantee Rs 10 crore PM Vishwakarma 30 lakh beneficiaries Khadi sales Rs 1.27 lakh crore.

Ministry Road Transport Highways 2025 review showcases India second-largest road network National Highways 146560 km infrastructure expansion safety innovation.

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IMPORTANT CIRCULARS

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INDUSTRY NEWS

India’s petrochemical consumption expected 6-7% annual growth medium term driven economic expansion downstream demand PP capacity 1.8x FY25-30 reducing import dependence.​

Tata Power arm Bengal Chamber signed pact to boost rooftop solar adoption MSMEs West Bengal sustainable energy cost savings green transition.

India emerged as key solar supplier to the United States exporting nearly 97% solar modules FY23-25 PL Capital highlighting manufacturing export competitiveness.

Maharashtra RERA recovered nearly Rs 269 crore homebuyers since 2017 protecting interests delayed stalled projects developer defaults.​

FINANCIAL NEWS

NPS partial withdrawals FY25 dominated housing purchases 172625 requests Rs 1327cr settled PFRDA clarifies one-time house withdrawal expands medical scope removes skill development startups.

RBI instructs microlenders monitor stress indicators early warning signals portfolio quality deterioration rural distress collection pressures regulatory vigilance.

Small Finance Banks asset quality deteriorated FY25 GNPA 2.8% from 2.3% unsecured loans microfinance Gold Loans stress rural segments.

Insolvency Bankruptcy Code recovery rate nearly 37% FY25 improved.

NBFCs balance sheets grew 15-18% FY25 robust loan expansion.

NATIONAL & STATES NEWS

Ministry Science Technology developed open-source PathGennie software fast-tracks drug discovery predicting drug unbinding protein targets without artificial distortions S N Bose Centre.​

India successfully conducted first flight test 120km range Pinaka rocket Chandipur Odisha enhancing artillery capabilities extended strike range precision.

India’s exports Australia increased 8% FY25 strong gains textiles gems pharma engineering products Commerce Minister Piyush Goyal ECTA implementation.

WORLD NEWS

China high-speed maglev train achieves world record acceleration 700kmph in 2 seconds on the vacuum tube technology of next-gen transportation hyperloop rival.

Poland constructs $2.2 billion anti-drone defence shield eastern border Russia Belarus enhancing NATO frontier security hybrid threats detection.

MISCELLANEOUS

Smriti Mandhana becomes second Indian fourth overall women’s cricketer – 10000 international runs joins Mithali Raj elite club ODI T20I Test consistency.

 Vice President C P Radhakrishnan released “Economic Empowerment of Bharat in Modi Era” highlighting India 4th largest economy GST JAM trinity Rs 47 lakh crore DBT Minimum Government Maximum Governance.

Veteran Malayalam art director K Shekhar My Dear Kuttichathan fame passed away 80 pioneering fantasy film sets visual effects Malayalam cinema golden era.

Khaleda Zia Bangladesh’s first woman Prime Minister BNP chairperson longest-serving PM died aged 80 political heavyweight Awami League rivalry iconic leadership.

Global climate disasters 2025 cost over $120 billion record losses floods hurricanes wildfires economic damages insurance payouts developing nations hardest hit.

Jayshree Ullal Cisco America CEO richest Indian-origin self-made woman Hurun India Rich List 2025 net worth $2.8B tech leadership innovation.

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