NATIONAL UPDATES:
1. NITI Aayog Releases Export Preparedness Index 2024: NITI Aayog released the Export
Preparedness Index (EPI) 2024, the 4th edition of the index, which assesses
export readiness across India’s States and Union Territories;
the first edition was published in August 2020. and the vision of Viksit
Bharat @2047, providing an evidence-based framework for strengthening
subnational export ecosystems.The Index evaluates the strength, resilience, and
inclusiveness of export systems at the State and district levels, while
identifying structural challenges, growth drivers, and policy opportunities.The
EPI 2024 framework is based on 4 pillars, 13 sub-pillars, and 70
indicators, enabling a granular and policy-relevant assessment of export
preparedness.The four pillars are Export Infrastructure, Business
Ecosystem, Policy & Governance, and Export Performance, covering areas such
as logistics, finance, MSMEs, human capital, and trade facilitation.
2. Makaravilakku Festival Celebrations Commence at
Sabarimala Temple in Kerala: The annual Makaravilakku festival celebrations
have begun at the Sabarimala temple in Kerala, attracting thousands
of devotees of Lord Ayyappa.The festival is observed on Makara Sankrama night,
considered one of the most sacred occasions in the Sabarimala pilgrimage
calendar.The highlight of the festival is the Makarajyothi, a divine celestial
light that appears in the evening at Ponnambalamedu, witnessed by lakhs of
pilgrims.
3. Government and Netflix Conclude ‘Inspiring Innovators
– Naye Bharat Ki Nayi Pehchaan’ Initiative: The Ministry of Information and
Broadcasting and the Office of the Principal Scientific Adviser, in
collaboration with Netflix Fund for Creative Equity, concluded the
‘Inspiring Innovators – Naye Bharat Ki Nayi Pehchaan’ initiative.The programme
aimed to promote social innovation through impactful storytelling while
training young creative talent across India.The initiative was implemented with
the support of Graphiti Studios, focusing on nurturing innovation-driven
narratives.
4. Centre Launches ‘Paripoorna Mediclaim Ayush Bima’ for
CGHS Beneficiaries: The Department
of Financial Services launched Paripoorna Mediclaim Ayush Bima
for Central Government Health Scheme (CGHS) beneficiaries, offering
cashless treatment, modern medical procedures, and access to a wide hospital
network.The policy is exclusively for CGHS beneficiaries, covering up to six
family members per policy, and provides indemnity-based in-patient
hospitalisation coverage within India.Beneficiaries can choose a sum insured of
₹10 lakh or ₹20 lakh, with an optional co-payment structure of 70:30 or 50:50
between the insurer and the subscriber.The insurance will be available as a
retail product without GST to ensure affordability and can be purchased through
New India Assurance Company Limited’s offices and online platform.
5. WEF
Davos 2026 Begins With India in Spotlight : The “World Economic Forum” Annual Meeting 2026 begins today in
Davos, Switzerland, bringing together more than 3,000
global leaders at a time of slowing growth, geopolitical strain, rapid
technological change, and declining global trust. Held under the theme “A
Spirit of Dialogue”, the five-day summit aims to revive cooperation between
governments, businesses, and institutions amid mounting global uncertainty.
Discussions at Davos this year are centred on economic resilience, artificial
intelligence, energy transition, global
risks, and geopolitics. Policymakers and corporate leaders are expected to
debate how AI-led growth can be balanced with job creation, financial
stability, and ethical governance. Climate finance, supply-chain resilience, and
rebuilding trust in global institutions are also prominent on the agenda. For
India, Davos remains a critical platform to project policy continuity, reform
momentum, and openness to global capital. As the world’s fastest-growing major
economy, India is positioning itself as a current engine of global growth
rather than a future opportunity. The focus is on attracting long-term
investment, integrating into global value chains, and strengthening
partnerships in manufacturing, digital infrastructure, and clean energy.
INTERNATIONAL UPDATES:
1. IPA Launches Pharmaceutical Academy for Global
Excellence (PAGE) in Ahmedabad to Bridge Industry Skill Gap: The Indian Pharmaceutical Alliance
(IPA) has launched the Pharmaceutical Academy for Global Excellence
(PAGE) in Ahmedabad, Gujarat to address the gap between academic output
and industry-ready skills in India’s pharmaceutical sector. The initiative was
inaugurated in the presence of Union Home Minister Amit Shah and the Gujarat
Chief Minister, with IPA committing USD 50 million to establish and operate the
programme.
2. Kochi to Host 9th International Spice Conference (ISC
2026) in February: Kochi,
Kerala, will host the 9th International Spice Conference (ISC 2026) from
February 23 to 26, bringing global focus to India’s role in the international
spice economy.Organised by the All India Spices Exporters Forum (AISEF), the
four-day conference themed “Spice 360 – Getting Future Ready” will address
challenges like changing trade dynamics, climate change and evolving consumer
preferences.The conference will be inaugurated by Amitabh Kant, former G20
Sherpa and ex-CEO of NITI Aayog, with Martin Sonntag, CEO of Oterra, attending
as Guest of Honour.
3. Nagaland–Beijing
Study Turns Apple Leaves into Corrosion Shield : A joint research collaboration between
Indian and Chinese universities has unveiled a sustainable method to protect
metals from corrosion using waste apple leaves. The breakthrough offers an
eco-friendly alternative to toxic industrial inhibitors and highlights the
growing role of green chemistry in infrastructure and manufacturing. The study
was conducted by researchers from Nagaland University and the University of
Science and Technology Beijing. Led by Prof. Ambrish Singh and Prof. Yujie
Qiang, the international team focused on converting discarded apple leaves into
high-performance corrosion inhibitors. The collaboration demonstrates how
cross-border academic partnerships can address global industrial challenges
through sustainable science. Researchers developed carbon quantum dots derived
from apple leaves using a green hydrothermal process. These nanoscale
particles, doped with nitrogen and sulfur, create multiple active sites that
strongly bind to metal surfaces. Laboratory tests showed that these apple-leaf
carbon quantum dots can suppress copper corrosion in acidic environments with
inhibition efficiency ranging from 94% to 96.2%, even at low concentrations and
extended exposure periods.
4. China
Population Declines for Fourth Year Despite Incentives: China’s demographic decline deepened in 2025 as the country
recorded its fourth consecutive annual fall in population, underlining mounting
social and economic pressures despite expanded family-support policies.
Official data released on Monday showed that the population fell by 3 million
to 1.404 billion, keeping “China” as the world’s second-most populous nation, behind
India.The number of births dropped sharply to
7.92 million in 2025, a fall of 1.62 million or 17 per cent from the previous
year. This erased the modest rebound seen in 2024 and extended a longer trend
of declining births that began after 2016. The crude birth rate fell to a
record low of 5.63 births per 1,000 people, the weakest level since modern
records began. China’s fertility rate continues to remain far below replacement
level. The government last reported an official fertility rate of 1.3 in 2020,
while recent estimates place it closer to 1.0. Both figures are well below the
2.1 births per woman required to maintain population size, pointing to
sustained population shrinkage and accelerated ageing in the coming decades.
5. IMF
Lifts 2026 Global Growth Outlook to 3.3%: The “International
Monetary Fund” has raised its global
growth forecast for 2026 to 3.3%, signalling sustained resilience in the world
economy despite persistent trade tensions, geopolitical conflicts, and
supply-chain disruptions. The upward revision is driven largely by a surge in artificial
intelligence-led investment, which the
Fund says is offsetting the drag from protectionist trade policies. In its
latest World
Economic Outlook update, the IMF
increased its 2026 growth estimate by 0.2 percentage points compared with its
October projection, bringing it in line with its revised forecast for 2025. The
Fund highlighted rapid expansion in AI-related spending, particularly on data
centres, advanced semiconductors, and power infrastructure, as a key driver of
improved growth prospects across major economies. IMF chief economist
“Pierre-Olivier Gourinchas” said the global economy has adapted better than
expected to higher tariffs and geopolitical shocks. Firms have diversified
supply chains and rerouted trade flows, while selective trade agreements have
reduced duties. The IMF now assumes an effective US tariff rate of 18.5%, down
from earlier estimates of around 25%, reflecting partial easing of trade
pressures.
OTHER UPDATES:
DEFENCE
1. Praveen Kumar Named BSF Chief, Shatrujeet Singh Kapoor
Appointed DG ITBP: The Appointments
Committee of the Cabinet (ACC) approved the appointment of Shatrujeet
Singh Kapoor, a 1990-batch IPS officer of the Haryana cadre and former Haryana
DGP, as Director General (DG) of the Indo-Tibetan Border Police
(ITBP) till October 31 or until further orders.Praveen Kumar, a 1993-batch
IPS officer of the West Bengal cadre, currently serving as DG, ITBP, has been
appointed as Director General of the Border Security Force (BSF), holding
the post till September 30, 2030 or until further orders.Praveen Kumar is
presently holding dual charge of DG, BSF and DG, ITBP following his new
appointment.The ACC also cleared the appointment of Rakesh Aggarwal, a
1994-batch IPS officer, as Director General of the National Investigation
Agency (NIA), with tenure up to July 31, 2028 or until further orders.
2. Guatemala
Declares Emergency After Prison Riots and Police Killings: Guatemala has entered a period of heightened
security after President “Bernardo Arévalo” declared a 30-day state of siege
following deadly gang-linked violence. The decision came after seven police
officers were killed in coordinated attacks, apparently in retaliation for
authorities regaining control of maximum-security prisons seized by inmates
during violent riots. The emergency followed coordinated disturbances at three
maximum-security prisons, including the Renovación facility in Escuintla.
Inmates, many linked to organised crime, took dozens of prison guards hostage
to protest the withdrawal of long-standing privileges for jailed gang leaders.
Hundreds of anti-riot police later stormed the facilities, freeing all hostages
without reported fatalities among guards. Soon after prison control was
restored, armed gang members launched attacks across Guatemala City and nearby areas. Interior
authorities confirmed that seven national police officers were killed and at
least ten wounded. One gang member also died in clashes. Officials described
the assaults as an effort to intimidate the state and pressure the government into
reversing its crackdown.
SPORTS
1. Vidarbha
Clinch Maiden Vijay Hazare Trophy Title: Vidarbha scripted a landmark moment in Indian domestic
cricket by winning their first “Vijay Hazare Trophy” title with a commanding
38-run victory over two-time champions “Saurashtra”. The final, played at the
BCCI Centre of Excellence in Bengaluru, marked the culmination of a consistent
campaign built on depth in batting and disciplined bowling. Opener “Atharva
Taide” delivered his finest List A knock at the biggest stage, scoring a fluent
128. Coming after a long gap since his last century in the format, Taide’s
innings combined patience with controlled aggression. His ability to rotate
strike early and accelerate after settling in allowed Vidarbha to recover from
a cautious start against the new ball.
SCIENCE AND TECHNOLOGY
1. Kaziranga
Elevated Corridor Explained: How
Assam’s New Highway Project Aims to Save Wildlife: Prime Minister “Narendra Modi” is set to flag off a 34.5-km elevated
corridor cutting through Assam’s Kaziranga landscape — a ₹6,950-crore
infrastructure project that officials and conservationists say could offer a
long-term solution to one of the national park’s gravest challenges: wildlife
deaths caused by heavy highway traffic. The project attempts to reconcile
development needs with ecological realities in one of India’s most
biodiversity-rich regions. The elevated stretch
is part of National Highway 715 (earlier NH-37), a crucial arterial road
linking Tezpur on the north bank of the Brahmaputra with towns in eastern Assam
and onward to Guwahati. The highway forms the southern boundary of “Kaziranga
National Park”, beyond which rise the Karbi Anglong hills.In
October, the Union Cabinet approved widening an 86.675-km stretch of this
highway from two lanes to four. A substantial portion runs along or through the
park’s boundary. The centrepiece of the project is the 34.5-km elevated
corridor, designed to allow uninterrupted animal movement underneath while
diverting heavy vehicular traffic above.
BANKING AND FINANCE
1. DFS Launches Composite Salary Account Package for
Central Government Employees with Banking and Insurance Benefits: The Department of Financial Services
(DFS), Ministry of Finance, launched a composite ‘Salary Account
Package’ for Central Government employees to provide integrated banking
and insurance benefits, supporting the vision of Viksit Bharat 2047 and
Insurance for All by 2047.Banking features include zero-balance salary account,
free RTGS/NEFT/UPI, concessional loans for housing, education, vehicles,
personal needs, locker fee waivers, and family banking benefits.Insurance
coverage includes Personal Accident Insurance up to ₹1.5 crore, Air
Accident Insurance up to ₹2 crore, Disability cover up to ₹1.5 crore, Term Life
Insurance up to ₹20 lakh, and comprehensive health insurance with top-up
options.Digital and card benefits offer enhanced debit/credit card perks, including
airport lounge access, reward programs, cashback offers, unlimited
transactions, and nil maintenance charges.
2. World Bank Raises India’s GDP Growth Forecast to 7.2%
for FY 2025–26: The World
Bank has revised India’s GDP growth forecast upward to 7.2% for FY
2025–26, citing strong domestic demand, supportive tax reforms, and resilient
exports despite global trade uncertainties.In its flagship report “Global
Economic Prospects”, the World Bank raised the estimate by 0.9 percentage
points from its earlier 6.3% projection made in June.India is expected to
remain the fastest-growing major economy, though growth is projected to
moderate to 6.5% in 2026–27 and 6.6% in 2027–28.
3. Tripura Gramin Bank Launches India’s First Solar-Powered ATM Van to Boost Rural Banking: Tripura Gramin Bank became the first Regional Rural Bank in India to introduce India’s first fully solar-powered mobile ATM van, named “TGB on Wheels.”The project was launched with the support of the National Bank for Agriculture and Rural Development. NABARDThe initiative earned the bank the SKOCH Group Silver Award, recognising excellence in governance, innovation, and public service delivery.The initiative was inaugurated on July 21, 2023, by Union Finance Minister Nirmala Sitharaman, and currently, three solar-powered ATM vans are operational, supporting basic banking transactions in hard-to-reach locations.
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