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Current Affairs 3 January 2026
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NATIONAL AFFAIRS
President Droupadi Murmu Launches Series of Initiatives under SOAR in New Delhi
On January 1, 2026, President of India Droupadi Murmu launched a series of initiatives under the Skilling for AI(Artificial Intelligence) Readiness(SOAR) programme, an integral component of the Skill India Mission(SIM), at an event organized by the Ministry of Skill Development and Entrepreneurship (MSDE) at the Rashtrapati Bhavan Cultural Centre(RBCC) in New Delhi, Delhi.
- During the event, she launched the ‘#SkillTheNation Challenge’ under the Skilling for AI Readiness initiative and also virtually inaugurated the Indira Gandhi National Open University (IGNOU) centre at Rairangpur in Odisha.
Key Highlights:
Conferment of AI Certificates: As part of the programme, President Droupadi Murmu conferred AI certificates to students and Members of Parliament (MPs) who completed various AI learning modules under the SOAR initiative.
Inauguration of IGNOU Regional & Skill Centre: The centre was inaugurated to expand higher education and skill development opportunities in the tribal-dominated areas of northern Odisha.
- The centre aims to improve access to distance education, vocational training, and skill-oriented programmes, particularly for young people from rural and underserved areas.
SkillTheNation Challenge: The initiative is a nationwide AI skilling programme launched under SOAR by the MSDE to expand AI awareness, learning, and certification across India.
- Aim:The initiative aims to create a future-ready and inclusive workforce by strengthening AI literacy among students, professionals, entrepreneurs, and learners from urban, semi-urban, and rural regions, while encouraging innovation and real-world application of AI solutions.
- Learning & Partnerships: It delivers online and offline training, in collaboration with IGNOU and Skill Centres, and offers multi-level courses from beginner to advanced learners.
Pradhan Mantri Matru Vandana Yojana Completes Nine years
On January 1, 2026, the Pradhan Mantri Matru Vandana Yojana (PMMVY), a flagship maternity benefit scheme of the Government of India (GoI), completed nine years of implementation, marking a significant milestone in the country’s efforts to support pregnant women and lactating mothers.
About Pradhan Mantri Matru Vandana Yojana (PMMVY):
Overview: The PMMVY is a Centrally Sponsored Scheme (CSS) of the Ministry of Women and Child Development (MoWCD), launched on January 01, 2017.
NSFA: The scheme is being implemented as per provisions under Section 4 of the National Food Security Act (NFSA), 2013.
Purpose: The scheme aims to provide financial support to pregnant and lactating mothers to improve maternal wellbeing by ensuring safe delivery, reduced malnutrition, and wage loss during pregnancy.
- It provides free meals, during pregnancy and six months after the childbirth, through the local Anganwadi is envisaged so as to meet the nutritional standards.
Mission Shakti: The scheme launched in 2022, combines various schemes for women’s empowerment, including financial support and safety.
- PMMVY was brought under the Samarthya component of Mission Shakti, which focuses on economic empowerment and financial inclusion for women.
Funding Pattern: It is implemented with a funding ratio of 60:40 between Centre and State Governments (SG) and Union Territories (UTs) with legislature except North East (NE) & Special Category States where the ratio is 90:10.
- For UTs without a legislature, 100% funding will be provided by the Central Government (CG).
Benefit: The benefit is available to a woman for the first two living children provided the second child is a girl.
- In case of the first child the amount of Rs 5000 in two instalments and for the second child, the benefit of Rs 6000 will be provided subject to the second child being a girl child in one instalment after the birth.
MoSPI Launches New Logo and Mascot ‘Sankhyiki‘ to Modernize Institutional Identity
On 1 January 2026, the Ministry of Statistics and Programme Implementation (MoSPI) unveiled its new logo and mascot in New Delhi, Delhi, marking a step toward modernising its institutional identity, enhancing public outreach, and highlighting the vital role of official statistics in national development.
Exam Hints:
- What? Launch of new logo and mascot
- By Whom? Ministry of Statistics and Programme Implementation (MoSPI)
- Where? New Delhi (Delhi)
- Theme: Data for Development
- Logo Symbolism: Ashoka Chakra (truth & governance) & ₹ symbol (economic planning)
- Mascot Name: Sankhyiki(सांख्यिकी)
About New Logo of MoSPI:
Purpose: The logo modernises MoSPI’s identity while reinforcing the role of official statistics in nation-building through the message “Data for Development”.
Symbolism: The Ashoka Chakra represents truth and good governance, while the central Rupee symbol (₹) highlights the importance of statistics in economic planning and national growth.
Design: The design blends India’s heritage with modern statistical science by incorporating numerical elements( ९ ), symbols(=,S,Σ), and an upward growth bar(↗) to represent modern data systems and progress driven by reliable, data-based insights.
Colours: Saffron, white, green, and deep blue signify growth, truth, sustainability, stability, and knowledge.
About Mascot of MoSPI:
Identity: The mascot “Sankhyiki (सांख्यिकी)” is a friendly, citizen-centric character representing MoSPI.
Objective: It simplifies complex statistical concepts to make data more relatable, engaging, and accessible to the public.
Usage: Sankhyiki will feature in National Sample Surveys(NSS), awareness campaigns, educational content, digital platforms, and public events.
Significance: The mascot promotes public participation, builds trust in official statistics, and supports transparent, data-driven governance.
About Ministry of Statistics and Programme Implementation (MoSPI):
Ministry Role: MoSPI is an executive ministry of the Government of India (GoI) responsible for ensuring the coverage and quality of official statistics through scientifically designed surveys.
Organisational Wings: The MoSPI functions through two wings
- Statistics Wing: Known as the National Statistical Office (NSO), it coordinates statistical activities across the country and formulates statistical standards.
- PI Wing: The Programme Implementation (PI) Wing monitors infrastructure projects and the Member of Parliament Local Area Development Scheme (MPLADS) through its two divisions—MPLADS and the Infrastructure and Project Monitoring Division (IPMD).
Minister of State (MoS) (Independent Charge, IC) – Rao Inderjit Singh (Constituency: Gurgaon, Haryana).
Cabinet Approvals on 31 December 2025
On December 31, 2025, the Union Cabinet chaired by the Prime Minister (PM) Narendra Modi approved the following proposals:
Cabinet Approved Widening of NH-326 in Odisha:
Cost: The Union Cabinet approved the widening and strengthening of NH-326 from 68.600 km to 311.700 km in Odisha, with the total budget outlay of Rs.1,526.21 crores, encompassing civil construction cost of Rs.966.79 crores.
Implementation: The project will be implemented in the Engineering, Procurement and Construction (EPC) mode using modern construction and Quality-Control (QC) technologies and is targeted for completion in 24 months, followed by a 5-year defect liability and maintenance period.
Cabinet Approved construction of a 6-lane greenfield corridor in Maharashtra:
Financial Outlay: The Cabinet Committee on Economic Affairs(CCEA), chaired by the PM Narendra Modi, has approved the Construction of 6-lane greenfield access-controlled Nashik- Solapur-Akkalkot Corridor in Maharashtra on
Build-Operate-Transfer (BOT) (Toll) mode, covering approximately 374 km, involves an investment of Rs.19,142 crores.
Improved Connectivity: The corridor will improve connectivity between Nashik, Ahilyanagar, Solapur in Maharashtra and Kurnool in AP, strengthening west-east transport connectivity.
Alignment: The project aligns with the Pradhan Mantri GatiShakti – National Master Plan (PMGS-NMP), an initiative by the Government of India (GoI).
About Maharashtra:
Chief Minister (CM) – Devendra Fadnavis
Governor – Acharya Devvrat
Capital – Mumbai
Wildlife Sanctuary (WLS) – Sagareshwar WLS, Tipeshwar WLS
>>Read Full News
MoF Keeps Interest Rates on Small Savings Schemes Unchanged for Q4FY26
In December 2025, the Department of Economic Affairs (DEA-Budget Division) under the Ministry of Finance (MoF), kept the interest rates unchanged across all Small Savings Schemes (SSS) including Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY) among others, for the 4th Quarter of financial Year 2025-26(Q4FY26) i.e. starting from January 01, 2026 to March 31, 2026, from those notified for Q3FY26.
- This marks the 8th consecutive quarter with no change in SSS interest rates, which were last revised by the DEA in Q4FY24.
About Small Savings Schemes (SSS):
Overview: SSS are the Government of India(GoI)-backed savings instruments, aimed at promoting household savings and offering risk-free investment options.
Management: These schemes are mainly administered by DEA and administered through designated banks and over 1.5 lakh post offices, offering fixed returns with sovereign guarantees
Quarterly review: Since 2016, the interest rates for SSS have been notified by DEA on a quarterly basis, depending upon bond yields and market trends.
>>Read Full News
ESIC Grants Registration Extension for SPREE 2025 Till 31 January 2026
On 31st December 2025, the Employees’ State Insurance Corporation (ESIC), under the Ministry of Labour and Employment (MoL&E), announced a one-month extension of the Scheme for Promotion of Registration of Employers and Employees (SPREE) 2025, permitting voluntary registration without past liabilities until 31 January 2026.
- SPREE 2025, implemented by ESIC under the Employees’ State Insurance Act, 1948, was originally valid from 1 July 2025 to 31 December 2025.
Exam Hints:
- What? Registration Extension of SPREE 2025
- By Whom? Employees’ State Insurance Corporation (ESIC)
- New Deadline: January 31, 2026 (Extended from December 31, 2025).
- Objective: Expand social security coverage and promote voluntary compliance.
- Key Benefit: No past dues, penalties, inspections, or legal action
- Relevant Act: Employees’ State Insurance Act, 1948 (ESI Act).
- Registration: Through ESIC, Shram Suvidha, or Ministry of Corporate Affairs (MCA) portals.
About SPREE 2025:
Objective: The scheme aims to expand social security coverage by encouraging voluntary, simplified, and hassle-free registration of unregistered establishments and employees.
December 2025.
Eligibility: It covers factories and establishments with 10 or more employees in ESI-implemented areas, including shops, hotels, transport services, medical and educational institutions, municipal bodies, and workers earning up to Rs. 21,000 per month (Rs. 25,000 for persons with disabilities).
Registration: Employers can register digitally through the ESIC, Shram Suvidha, or Ministry of Corporate Affairs (MCA) portals, with coverage effective from the declared registration date.
Benefits: The scheme provides social security benefits, supports ease of compliance, expands ESIC coverage, and allows employers to register without past liabilities or legal action.
DoP and SIDBI Sign MoU for Verification of IMEs
In December 2025, the Department of Posts (DoP), also known as India Post, under the Ministry of Communications, and the Small Industries Development Bank of India (SIDBI), under the Ministry of Finance (MoF), signed a Memorandum of Understanding (MoU) in New Delhi, Delhi, to conduct Contact Point Verification (CPV) of Informal Micro Enterprises (IMEs) registered on the Udyam Assist Platform (UAP).
- The MoU aims to enhance data integrity, formalisation, and access to institutional credit for informal micro enterprises across India.
Exam Hints:
- What? MoU for Contact Point Verification (CPV) of Informal Micro Enterprises (IMEs)
- Entities: Department of Posts (DoP) & SIDBI
- Signatories: Manisha Bansal Badal (DoP), Amit Nagar (SIDBI)
- Platform: Udyam Assist Platform (UAP)
- Objective: Data verification, enterprise formalisation, credit enablement
- Operational Period: 31st December 2025 to 30th December 2027
- Implementation: Uses 1.64 lakh post offices, trained staff, and SIDBI’s CPV mobile app for geo-tagged verification
Key Details of MoU:
Signatories: The MoU was signed by Manisha Bansal Badal, General Manager (GM) (Citizen Centric Services & Rural Business) of DoP and Amit Nagar, Deputy General Manager (DGM) of SIDBI.
Duration: The agreement is valid from 31st December 2025 to 30th December 2027 and extendable by mutual agreement, with strict adherence to data confidentiality, information security, and Goods and Services Tax (GST) compliance.
Verification: The initiative leverages 1.64 lakh post offices and trained postal staff to conduct on-ground, geo-tagged verification of enterprise demographics, business details, and physical locations.
CPV App: The initiative uses SIDBI’s CPV mobile application(app) for real-time, geo-tagged verification, with system access, guidelines, and training to ensure accurate and uniform execution nationwide.
Union MoS Pemmasani Launches Land Stack Pilot in Chandigarh, TN
In December 2025, Union Minister of State (MoS) Dr. Chandra Sekhar Pemmasani, Ministry of Rural Development (MoRD), launched the ‘Land Stack’ portal, a 1st-of-its-kind national digital land governance initiative, in the Pilot locations of Union Territory (UT) of Chandigarh and Tamil Nadu (TN), marking a significant stride towards modernising land administration under the Digital India Land Record Modernisation Programme (DILRMP).
- He also released the ‘Glossary of Revenue Terms (GoRT)’ during a hybrid launch event held in New Delhi, Delhi.
Exam Hints:
- What? Launch of ‘Land Stack’ Pilot Project
- Launched by: Union MoS Dr. Chandra Sekhar Pemmasani, MoRD
- Pilot Locations: UT Chandigarh and TN
- Objective: To create a unified digital platform, integrating all land records
- Other Key Launch: Release of GoRT
- GoRT Prepared by: DoLR(MoRD) and CoE-LAM
- Purpose: Provide Meaning of various land-related terms in different languages
About Land Stock Portal:
Overview: It integrates property and parcel-level land information on a Geographic Information System(GIS)-based digital portal, which enables the users to make informed decisions by accessing comprehensive land-related data through a single interface.
Data Access : Through this portal, users will be also able to access property details, ownership information, deed records, encumbrance details and litigation status for each individual land parcel.
Coverage: The portal also includes areas traditionally classified as villages in Chandigarh, offering access to hadbast, khewat, mustil, and khasra numbers.
About GoRT:
Prepared by: It was prepared by the Department of Land Resources (DoLR) under MoRD, in collaboration with the Centre of Excellence in Land Administration and Management (CoE-LAM) at Yashwantrao Chavan Academy of Development Administration (YASHADA) (Pune, Maharashtra).
Purpose: It helps in understanding the meanings of various land-related revenue terms in Vernacular, Hindi, English, and Roman scripts.
About Digital India Land Records Modernization Programme (DILRMP) (DILRMP):
Overview: It is is a Central Sector Scheme(CSS) of the Government of India(GoI) aimed at modernising and digitising land records to improve transparency, accessibility, and accuracy of land information across the country.
Revamp & Funding: It was revamped and renamed in 2016 from the earlier National Land Records Modernization Programme (NLRMP) and is fully funded (100%) by the Central Government.
Unique Land Parcel Identification Number (ULPIN): The ULPIN, also called “Bhu-Aadhaar”, assigns a 14-digit alphanumeric code to each land parcel using its geographical coordinates.
MoF Notifies New Tax Structure for ‘Sin Goods’ from February 1, 2026
On December 31, 2025, the Ministry of Finance (MoF), notified a revised tax framework for ‘sin goods’ such as tobacco, pan masala and others, introducing an additional excise duty and a health cess to replace the Goods and Services Tax (GST) Compensation Cess, effective from February 1, 2026.
Exam Hints:
- What? New tax structure on ‘Sin Goods’ tobacco and pan masala replacing GST compensation cess
- Notified by: Ministry of Finance (MoF)
- Effective from: February 1, 2026
- Purpose: To improve compliance, plug revenue leakages, and boost tax collection
- GST Rates: Pan masala, cigarettes, other tobacco – 40%; biris – 18%
- New Levies: Extra excise duty on tobacco; Health & National Security Cess on pan masala, both over GST
Key Details of the Revised Sin Goods Tax Structure:
Objective: The move seeks to rationalize GST rates on sin goods while balancing government revenue and public health goals.
GST Rates: Pan masala, cigarettes, and other tobacco products continue to attract 40% GST, while biris remain taxed at 18%.
- New Levies: From 1 February 2026, tobacco products will have an extra excise duty, and pan masala will incur a Health and National Security Cess, in addition to the existing GST.
Additional excise duty is set at 91% for gutkha, 82% for chewing tobacco and jarda scented tobacco, 33% for hookah, and Rs. 2,050–Rs. 8,500 per 1,000 sticks for cigarettes based on length and filter.
Valuation Rules: An Maximum Retail Price (MRP)-based valuation and machine-capacity-linked levy will apply to smokeless tobacco and gutkha under the 2026 packing machine rules.
Union Minister J.P.Nadda Launches Integrated e-Bill System to Digitalize Fertilizer Subsidy Claims
On January 1, 2026, Union Minister Jagat Prakash (J.P.) Nadda, the Ministry of Chemicals and Fertilizers (MoC&F), launched an Integrated electronic (e)-Bill system at Kartavya Bhawan in New Delhi (Delhi) to digitally process fertilizer subsidies worth about Rs.2 lakh crore.
Exam Hints:
- What? Launch of Integrated e-Bill System
- Launched by: Union Minister Jagat Prakash Nadda (MoC&F)
- Developer: iFMS (MoC&F) & PFMS (MoF)
- Purpose: To digitally process fertilizer subsidies worth about Rs.2 lakh crore
About Integrated e-Bill System:
Digital Workflow: It replaces manual, paper-based processes with a fully digital workflow, eliminating the need for physical bill movement.
Developer: It was developed in collaboration between the Integrated Financial Management System (iFMS) of Department of Fertilizers(DoF), MoC&F, and the Public Financial Management System (PFMS) of the Controller General of Accounts (CGA), Ministry of Finance (MoF).
Key Features: It includes end-to-end digital workflow, transparency and accountability, efficiency and accuracy, real-time oversight and governance, and user convenience.
INTERNATIONAL AFFAIRS
Bulgaria Adopts Euro as its Currency from January 1, 2026
Bulgaria has adopted the Euro(EUR) as its official currency with effect from January 1, 2026, replacing the Bulgarian lev (BGN) after more than two decades following approval by the Council of the European Union(EU) on July 8, 2025.
- Which confirmed that the country met all Maastricht convergence criteria and set the irrevocable conversion rate at 1 EUR = 1.95583 BGN,
Exam Hints:
- What? Bulgaria adopted the Euro as its Currency
- Effect from: January 1, 2026
- Replaced: Bulgarian lev
- Conversion Rate? 1 EUR = 1.95583 BGN
Bulgaria’s adoption of the Euro:
Eurozone Member: With the adoption of the euro, Bulgaria became the 21st member of the Eurozone, the group of European countries that use the euro as their official currency, marking a major milestone in Bulgaria’s deeper economic integration with the European Union.
Currency Transition: During January 2026, both the BGN and the EUR will be accepted for payments across Bulgaria, with change provided only in euros. From February 1, 2026, the euro will become the sole legal tender, and the Bulgarian lev will be fully withdrawn from daily circulation, completing the currency transition.
Joined Euro system: The Bulgarian National Bank (BNB) has joined the Eurosystem, becoming part of the European Central Bank (ECB) framework. As a result, Bulgarian banks will now fall under the Single Supervisory Mechanism (SSM), strengthening financial stability and banking oversight.
BANKING & FINANCE
RBI Issues Guidelines on Risk Weighting Framework for Exposure of NBFC to Infrastructure Loans
In January 2026, the Reserve Bank of India (RBI) released the final guidelines relaxing the risk-weight norms for Non-Banking Financial Companies (NBFC) involved in the infrastructure financing.
- The relaxation follows feedback received from the industry and is aimed at facilitating investment in the Infrastructure sector.
Exam Hints:
- What? Risk weights relaxed for NBFC in infrastructure financing
- Who released it? RBI
- Effective: April 1,2026
- Grace Period: March 31, 2027
- Repayment threshold: 75% RW – 2% debt repaid; 50% RW – 5% debt repaid
- High Quality Infrastructure: Expanded to include more projects as high quality
Key Highlights
Issue Addressed: Initially, the RBI had proposed a stricter framework for risk weights on infrastructure loans provided by NBFCs.
- A higher risk weight necessitates a larger capital buffer, potentially limiting lending capacity.
- Following industry consultations, the RBI has now relaxed these proposed norms.
Effective From: The Amendment Directions shall be applicable from April 1, 2026, or from an earlier date when these Directions are adopted by a NBFC in entirety.
Grace Period: In case of exposures attracting a lower risk weight under the extant guidelines but will be subject to higher risk weights under these Directions, NBFCs can continue to maintain the extant risk weights till the next review / renewal or March 31, 2027, whichever is earlier.
Repayment threshold: Under the revised guidelines, the NBFC exposures will now become eligible for 75% risk weight once 2% of the originally sanctioned project debt has been repaid.
- This is significantly lower than the 5% repayment threshold proposed in the draft norms.
- Similarly, the 50% risk weight will be applied once 5% of the project debt is repaid, compared with the earlier 10% threshold
India’s Maritime NBFC, SMFCL Commences Lending Operations and Sanctions Loans Worth Rs 4,300 Crore
In December 2025, Sagarmala Finance Corporation Limited (SMFCL), India’s first Non-Banking Financial Company (NBFC) focused on maritime financing, commenced its lending operations and sanctioned loans totaling approximately Rs 4,300 crore during its 51st Board Meeting.
- With this, the company has now formally entered into the maritime lending space in line with the strategy approved by its Board.
Exam Hints:
- What? SMFCL, India’s 1st Maritime NBFC started its lending operations
- Loan Sanctions: Total Rs.4,300 crore approved at 51st Board Meeting
- Key Allocations:
- Greenfield Port Project: Rs.4,000 crore
- Dredging Corporation of India (DCI): Rs.150 crore
- Goa Shipyard Limited (GSL): Rs.110 crore
Key Allocations:
Port Development: SMFCL has allocated Rs 4,000 crore for a Greenfield Port Project, reaffirming the Government of India (GoI)’s commitment for port-led development.
Maritime Infrastructure: Dredging Corporation of India (DCI) has received Rs 150 crore, while Goa Shipyard Limited (GSL) has secured Rs 110 crore from the same loan tranche, aimed to support dredging capacity and indigenous shipbuilding capabilities of India.
Strategic Roadmap: SMFCL’s board approved a Rs.25,000 crore borrowing limit and an Rs.8,000 crore lending target for Financial Year 2025-26 (FY26) at its Annual General Meeting (AGM).
About SMFCL: Launched in June 2025, SMFCL has been appointed nodal agency for the Rs.25,000 crore Maritime Development Fund (MDF).
Ashika Group Receives In-Principle Approval from SEBI to Launch MF
Ashika Group received in-principle approval from SEBI (Securities and Exchange Board of India) on December 31, 2025 to act as sponsor and establish Ashika Mutual Fund(MF), enabling it to form an Asset Management Company (AMC) and prepare scheme launches subject to final registration.
Exam Hints:
- What? SEBI in-principle approval for Ashika Group
- When? December 31, 2025
- Purpose: To establish Ashika Mutual Fund
- Next? Form AMC, secure final registration, launch schemes
About Ashika Group: Ashika Group, established in 1994, operates as a financial service platform, offering Retail & Institutional Broking, Investment Banking & Advisory, Alternative Investment Funds (AIFs), Research & Advisory, Global Family Office Services, Non-Banking Financial Company (NBFC) operations, and distribution services.
About SEBI: SEBI, established in 1988, was given statutory powers in 1992 under the SEBI Act 1992. It protects investors, regulates stock markets, MFs and intermediaries, and ensures fair and transparent trading.
APPOINTMENTS & RESIGNATIONS
Canara Bank Appoints Hardeep Singh Ahluwalia as Interim MD & CEO
In December 2025, Canara Bank, India’s leading Public Sector Bank (PSB), appointed Hardeep Singh Ahluwalia as its interim Managing Director (MD) and Chief Executive Officer (CEO), effective from January 01, 2026.
Exam Hints:
- What? Appointment of Interim MD & CEO of Canara Bank
- Who? Hardeep Singh Ahluwalia
- Effective From: January 01, 2026
- Predecessor: K. Satyanarayana Raju.
- Tenure: 3 months or until a regular MD & CEO is appointed
Key Details of Appointment:
Succession: He succeeds K. Satyanarayana Raju, whose tenure as MD & CEO ended on December 31, 2025.
Tenure: He will serve as MD and CEO of the bank for a period of 3 months (until March 31, 2026), or until the appointment of a regular incumbent, whichever is earlier.
About Hardeep Singh Ahluwalia:
Banking Career: He started his banking career by joining the Allahabad Bank (now Indian Bank) as an Agricultural Field Officer (AFO) in March 1992.
Experience: He has 30 years of banking experience across India and internationally, including Hong Kong, Special Administrative Region (SAR) of China.
Previous Role: He served as the Executive Director (ED) at Canara Bank.
Olympic Champion Andre De Grasse Named International Event Ambassador for 21st TMM
In December 2025, Seven-time Olympic Medallist sprinter Andre De Grasse (Canada) was named the international event ambassador for the 21st edition of the Tata Mumbai Marathon (TMM 2025), World Athletics Global Label Race, which is scheduled to take place on January 18, 2026 in Mumbai, Maharashtra.
- The international Event Ambassador programme, designed by Procam International since the inception of TMM in 2004.
Exam Hints:
- What? Announced of International Event Ambassador
- For : 21st Tata Mumbai Marathon (TMM)
- Who? Canadian Sprinter Andre De Grasse
- Event Schedule: January 18, 2026, Mumbai
About Andre De Grasse:
Olympic Career: De Grasse is among the elite of world athletics, winning 7 medals(2 Gold, 2 Silver, 3 Bronze) at Olympic Games including two gold medals, one in the men’s 200 meter (m) category at 2020 Tokyo Games(Japan) and the other in 4✕100 m relay at 2024 Paris Games(France).
World Championships: Other than Olympic Games, De Grasse has continued to dominate the World Championships, securing 6 medals(1 Gold, 2 Silver, 3 Bronze) across 5 editions, including Gold at the 2022 World Athletics Championships held in Eugene, Oregon in the United States of America (USA).
SCIENCE & TECHNOLOGY
DRDO Successfully Conducts Salvo Launch of Two Pralay Missiles Off Odisha Coast
In December 2025, the Defence Research and Development Organisation (DRDO) successfully conducted a salvo launch(simultaneous firing) of two indigenously developed Pralay missiles in quick succession from the same launcher at the Integrated Test Range (ITR), Chandipur, off the coast of Odisha.
- The flight-test of these missiles was conducted as part of user evaluation trials.
Exam Hints:
- What? Successfully conducted salvo launch of two Pralay missiles
- Conducted by: DRDO
- Where? ITR Chandipur, Off coast of Odisha
- Test Part of: User Evaluation Trials
- Specifications:
- Derived from: Prahaar missile
- Developed by: RCI with other DRDO labs
- Type: Short-range, solid propellant, quasi-ballistic, SSM;
- Strike Range: 150-500 km
- Payload Capacity: 500-1000 kg .
Key Details of Test:
Performance: During the test-trial, both missiles closely followed their intended trajectories and achieved all mission objectives.
Tracking Systems: The performance of these missiles was confirmed by tracking sensors deployed by ITR, Chandipur, while terminal events were validated through onboard telemetry systems installed on ships positioned near the designated points.
Oversight: The trials were observed by senior DRDO scientists, officials from the Indian Army (IA) and the Indian Air Force (IAF), along with industry representatives.
About Pralay Missiles:
Background: Sanctioned in 2015, the Pralay missile programme is an evolution of the earlier Prahaar missile, which was first tested in 2011.
Type: Pralaya is a short-range, solid propellant quasi-ballistic Surface-to-Surface Missile (SSM), leveraging state-of-the-art guidance and navigation to ensure high precision.
Other Specifications: The missile has a strike range of about 150-500 kilometer (km). It is capable of carrying conventional warheads weighing 500 to 1000 kilogram (kg)
Navigation System: Pralay is equipped with an advanced Inertial Navigation System (INS), enabling high accuracy and precision in target engagement.
Developed by: The missile has been developed by Research Centre Imarat (RCI), Hyderabad (Telangana), in partnership with:
- Other DRDO laboratories: Advanced Systems Laboratory (ASL), Armament Research and Development Establishment (ARDE), High Energy Materials Research Laboratory (HEMR); Terminal Ballistics Research Laboratory (TBRL); Research & Development (R&D) Establishment (Engineers) and Defence Metallurgical Research Laboratory (DMRL).
- Development-cum-Production Partners: Bharat Dynamics Limited (BDL), Bharat Electronics Limited (BEL), and other industry partners.
About Defence Research and Development Organisation(DRDO):
It is the Research and Development (R&D) wing of the Ministry of Defence (MoD), Government of India (GoI).
Chairman- Dr. Samir Vankatpati (V.)Kamat
Headquarters – New Delhi, Delhi
Established – 1958
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Current Affairs Today (AffairsCloud Today)
| Current Affairs 3 January 2026 |
|---|
| President Droupadi Murmu Launches Series of Initiatives under SOAR in New Delhi |
| Pradhan Mantri Matru Vandana Yojana Completes Nine years |
| MoSPI Launches New Logo and Mascot ‘Sankhyiki‘ to Modernize Institutional Identity |
| Cabinet Approvals on 31 December 2025 |
| MoF Keeps Interest Rates on Small Savings Schemes Unchanged for Q4FY26 |
| ESIC Grants Registration Extension for SPREE 2025 Till 31 January 2026 |
| DoP and SIDBI Sign MoU for Verification of IMEs |
| Union MoS Pemmasani Launches Land Stack Pilot in Chandigarh, TN |
| MoF Notifies New Tax Structure for ‘Sin Goods’ from February 1, 2026 |
| Union Minister J.P.Nadda Launches Integrated e-Bill System to Digitalize Fertilizer Subsidy Claims |
| Bulgaria Adopts Euro as its Currency from January 1, 2026 |
| RBI Issues Guidelines on Risk Weighting Framework for Exposure of NBFC to Infrastructure Loans |
| India’s Maritime NBFC, SMFCL Commences Lending Operations and Sanctions Loans Worth Rs 4,300 Crore |
| Ashika Group Receives In-Principle Approval from SEBI to Launch MF |
| Canara Bank Appoints Hardeep Singh Ahluwalia as Interim MD & CEO |
| Olympic Champion Andre De Grasse Named International Event Ambassador for 21st TMM |
| DRDO Successfully Conducts Salvo Launch of Two Pralay Missiles Off Odisha Coast |
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