GK and Current Affairs Daily dated 29/01/2026
Here is the comprehensive Current Affairs and GK brief for January 29, 2026, specifically prepared for
National & Polity
Economic Survey 2025–26 Tabled: Finance Minister Nirmala Sitharaman tabled the Economic Survey in Parliament today.
Growth Forecast: Real GDP growth for FY27 is projected between 6.8% and 7.2%.
Banking Health: The survey highlighted a record improvement in asset quality; the recovery rate of Non-Performing Assets (NPAs) nearly doubled, rising from 13.2% in FY18 to 26.2% in FY25.
NCC PM Rally: Prime Minister Narendra Modi attended the annual National Cadet Corps (NCC) PM Rally at Cariappa Parade Ground, Delhi. He lauded the cadets for their role in the 'Viksit Bharat' vision.
JALAJ Livelihood Centres: The Union Minister of Jal Shakti inaugurated 25 JALAJ Livelihood Centres under the Namami Gange Mission. These centres aim to create symbiotic linkages between rivers and local communities through sustainable livelihood training.
Namo Laxmi Scheme: The Gujarat government announced financial support of ₹1,250 crore for the 2025–26 academic year under this scheme to ensure girls continue their education from Class 9 to 12.
NITI Aayog & NIIT Foundation: A Statement of Intent (SoI) was signed to advance digital literacy and financial inclusion across Aspirational Blocks in India.
International & Defence
India–EU Security Partnership: India and the European Union officially launched their first Security and Defence Partnership, following the successful conclusion of FTA negotiations. This aligns India with Japan and South Korea as the only Asian nations with such a pact.
Adani Defence & Embraer MoU: Adani Defence & Aerospace signed a Memorandum of Understanding with Brazilian aircraft maker Embraer to explore a manufacturing ecosystem for tactical transport aircraft in India.
Pax Silica Progress: The UAE became the latest signatory of the Pax Silica alliance for secure semiconductor supply chains, reinforcing the strategic technology corridor between the US, UAE, and India.
Death of Ajit Pawar: Maharashtra Deputy CM Ajit Pawar tragically passed away in a plane crash at Baramati Airport. The aircraft involved was a Learjet 45 (VT-SSK).
Economy & Banking
Banking Governance Bill: Reports suggest the government may propose a new Banking Governance Bill in the upcoming Union Budget to enhance professionalism and technology adoption in Public Sector Banks (PSBs).
PFRDA SAARG Committee: The Pension Fund Regulatory and Development Authority constituted the Strategic Asset Allocation and Risk Governance (SAARG) Committee, chaired by Narayan Ramachandran, to review the National Pension System (NPS).
FII & DII Inflows: Institutional confidence remained strong with Domestic Institutional Investors (DIIs) adding approximately ₹3,361 crore in the cash market, offsetting short-term global volatility.
Science, Tech & Sports
High-Voltage Supercapacitor: Researchers at the International Advanced Research Centre for Powder Metallurgy (ARCI) developed a new supercapacitor with 33% more energy storage and 96% performance retention after 15,000 cycles.
Australian Open 2026: In the women's semi-finals, Aryna Sabalenka faced Elina Svitolina, while Jessica Pegula took on Elena Rybakina at Melbourne Park.
Wings India 2026: The biennial civil aviation event, Wings India 2026, was inaugurated in Hyderabad, showcasing India's goal to become the world's third-largest aviation market.
Ayush & Zepto MoU: The Ayush Export Promotion Council signed an MoU with Zepto to boost the quick-commerce availability and export reach of Indian traditional medicinal products.
Important Days (January 29)
| Day | Context / Significance |
| National Cornchip Day | A quirky observance celebrating the popular snack's history. |
| Birth Anniversary (Eve) | Preparations for the death anniversary of Mahatma Gandhi (Martyrs' Day, Jan 30). |
Static GK & Exam Snippets
Economic Survey: Traditionally prepared by the Economic Division of the Department of Economic Affairs under the guidance of the Chief Economic Adviser (CEA).
RRB Consolidation: The number of Regional Rural Banks has been reduced from 196 to 28 under the 'One-State-One-RRB' policy to improve efficiency.
JALAJ Centres: Part of the 'Arth Ganga' concept to energize economic activity along the river banks.
Embraer: A major Brazilian aerospace conglomerate that produces commercial, military, and executive aircraft.
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