3 Feb 2026 – FREE Current Affairs PDF | English | Banking • TNPSC • SSC

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PIB NEWS

India enters FY26 with robust economic momentum supported by stable macroeconomic fundamentals, 7.4% GDP growth projection, historically low inflation at 1.7%, and broad-based performance across agriculture, industry, and services sectors.

Union Minister of Commerce and Industry Shri Piyush Goyal highlighted India’s eight recent free trade agreements covering major global economies and creating unprecedented market opportunities during his address at the World Forum of Accountants organised by ICAI in Greater Noida.

The Department of Consumer Affairs transformed consumer protection in 2025 through nationwide e-Jagriti platform rollout, enhanced National Consumer Helpline services, Legal Metrology reforms and BIS standards expansion, ensuring speed, accessibility and trust across India’s marketplace.

The Department of Consumer Affairs transformed consumer protection in 2025 through nationwide e-Jagriti platform rollout, enhanced National Consumer Helpline services, Legal Metrology reforms and BIS standards expansion, ensuring speed, accessibility and trust across India’s marketplace.

Raksha Rajya Mantri Shri Sanjay Seth presented awards to the best marching contingents from three Services, Central Armed Police Forces and best tableaux from States, Union Territories and Ministries for their immaculate performances during Republic Day Parade 2026.

The Government of India received ₹25,25,156 crore up to December 2025, achieving 72.2% of the Budget Estimates for FY 2025-26 total receipts while total expenditure reached 66.7% of BE with significant transfers to States and controlled major subsidies.

India Energy Week 2026 successfully concluded in Goa from 27th to 30th January 2026 by recognising innovators, startups and industry leaders through AVINYA Energy Startup Challenge, VASUDHA Overseas Upstream Challenge and FIPI Annual Industry Awards.

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INDUSTRY NEWS

India’s state-run miner NMDC is actively exploring coal reserves in Canada following a bilateral meeting between Steel Minister H.D. Kumaraswamy and Canada’s Natural Resources Minister Tim Hodgson to secure critical minerals for expanding steel production and clean energy transition.

Bhaskaracharya National Institute for Space Applications and Geo-informatics (BISAG-N) signed a Memorandum of Understanding with QNu Labs to develop indigenous quantum-resilient cybersecurity solutions integrating Vedic Kavach software with quantum hardware.

India prepares to launch AI Mission 2.0 within five to six months following $70 billion investment in computing infrastructure during the first phase of IndiaAI Mission approved with ₹10,371.92 crore budget to democratise AI access nationwide.

A Memorandum of Understanding was signed between Assam Petrochemicals Limited and the Deendayal Port Authority at the Chief Minister’s Secretariat in Dibrugarh in the presence of Assam Chief Minister Himanta Biswa Sarma for setting up a state-of-the-art e-methanol project at Kandla Port in Gujarat.

FINANCIAL NEWS

India’s foreign exchange reserves rose to a record high of $709.41 billion in the week ended January 23 following an $8 billion increase driven by gold reserve gains and revaluation effects despite rupee depreciation pressures.

The government contained its fiscal deficit for the first nine months of FY26 at 54.5 per cent of the Budget Estimates compared to 56.7 per cent in the previous financial year through higher non-tax revenues and controlled spending despite a contraction in December capital expenditure.

The World Bank Group announced a new five-year partnership with the Government of India providing $8-10 billion in annual financing starting from 2026 to support job creation across urban and rural areas through infrastructure, energy, agribusiness, healthcare, tourism, and manufacturing sectors.

Bank loans against gold jewellery grew 128 per cent year-on-year and 86 per cent in the financial year to Rs 3.83 lakh crore, recording the fastest growth among all major bank credit segments as overall bank credit expanded 14.5 per cent year-on-year to Rs 203.23 lakh crore.

Global reinsurers including Lloyd’s of London, Samsung Re, Kenya Re and Mapfre Re plan to establish operations in GIFT City to access India’s $129.78 billion insurance market while about 14 international reinsurers already manage $700-800 million in annualised premiums from the financial hub.

NATIONAL & STATES NEWS

Chief Minister MK Stalin laid the foundation stone for Tamil Nadu Knowledge City spanning 870 acres in Tiruvallur district to create an integrated ecosystem merging higher education, research and development, technology, and entrepreneurial ventures with Letters of Intent signed with international educational institutions.

India formally submitted the nomination dossier titled “Jingkieng Jri / Lyu Chrai Cultural Landscape” for Meghalaya’s living root bridges to UNESCO for consideration under the 2026-27 World Heritage evaluation cycle.

The Ministry of Skill Development and Entrepreneurship announced a partnership with Google Cloud and Chaudhary Charan Singh University in Meerut to establish India’s first AI-enabled university pilot using Google Cloud’s Gemini platform for personalised learning and administrative automation.

WORLD NEWS

Taiwan’s first Indigenous Defence Submarine Hai Kun (SS-711) successfully completed its first submerged sea trials on January 29, 2026, following preparatory trials that tested sonar, propulsion, and underwater log systems.

MISCELLANEOUS

Hometown wildcards Olivia Gadecki and John Peers became the first pairing in 37 years to successfully defend their Australian Open mixed doubles title by defeating French duo Kristina Mladenovic and Manuel Guinard 4-6, 6-3, 10-8 in the final at Rod Laver Arena.

Martyrs’ Day, also called Shaheed Diwas, is observed in India on January 30 to mark Mahatma Gandhi’s assassination in 1948 and on March 23 to commemorate Bhagat Singh, Rajguru, and Sukhdev’s execution in 1931, serving as a day of respect, learning, and reflection on the sacrifices made for national freedom. – 30 Jan 2026

World Leprosy Day serves as an annual international observance dedicated to raising awareness about leprosy, promoting early detection and treatment, challenging associated stigma and discrimination, and honouring Mahatma Gandhi’s dedication to leprosy patients while educating communities about the disease’s curability through modern multi-drug therapy. – 30 Jan 2026

Former Australian hockey player and Indian men’s national team coach Michael Nobbs passed away at the age of 72 after a prolonged illness, leaving behind a legacy that includes coaching India at the 2012 London Olympics and earning 76 international caps for Australia between 1979 and 1985.

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