🇮🇳 National News
1. Republic Day 2026 Celebrations
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India celebrated its 77th Republic Day on 26 January 2026 at Kartavya Path, New Delhi.
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President Droupadi Murmu presided over the ceremony, unfurling the National Flag and witness a 21-gun salute.
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Distinguished international dignitaries attended, including Ursula von der Leyen (President of the European Commission) and Antonio Costa (President of the European Council).
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Parade showcased Indian military, culture, and technological achievements along with special contingents and displays marking national progress.
2. Security Update
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Ahead of Republic Day, Rajasthan police seized thousands of kilograms of explosive material from a farmhouse after receiving intelligence alerts regarding possible terror threats.
3. All-India Bank Strike – 27 January 2026
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Banks across India face disruption due to a nationwide strike called by United Forum of Bank Unions (UFBU)demanding a five-day work week.
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Strike may impact services in major public sector banks including State Bank of India (SBI), Punjab National Bank, Bank of Baroda, Bank of India and others.
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Demand stems from unresolved negotiations on working hours and formal approval for supermarket Saturdays as holidays.
🌍 International News
4. India–EU Free Trade Agreement
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India and the European Union (EU) prepared to announce a landmark Free Trade Agreement during meetings on 27 January 2026 aimed at reducing tariffs and boosting bilateral trade.
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Talks focus on liberalising trade in clean tech, pharmaceuticals, and semiconductors while binding environmental and labour standards remain part of future negotiations.
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This pact is expected to enhance India’s exports to EU markets and strengthen supply chains across sectors.
5. World Economic Forum 2026, Davos
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The 56th World Economic Forum (WEF) concluded on 23 January 2026 at Davos, Switzerland with global leaders discussing geopolitical tensions, economic cooperation, innovation, and sustainable growth themes.
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Key focus included reshaping cooperation amidst global tension, unlocking new growth, and investing in innovation and people.
6. NATO & European Security Developments
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NATO Secretary General Mark Rutte asserted that Europe cannot defend itself independently without US support during a European Parliament session.
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Emphasis placed on increasing defence spending and addressing Ukraine’s security needs.
📈 Economy & Banking
7. Asset Allocation Committee Formed by PFRDA
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Pension Fund Regulatory and Development Authority (PFRDA) constituted the Strategic Asset Allocation and Risk Governance (SAARG) Committee to strengthen the investment framework for the National Pension System (NPS).
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Panel chaired by Narayan Ramachandran with capital markets and investment specialists.
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SAARG to review asset classes, diversification strategies, risk management, and liquidity frameworks within NPS.
8. Banking Holiday & Services
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Due to the bank strike, in-branch services could be halted on 27 January 2026, affecting cash operations, cheque clearing, and customer services.
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Digital banking services such as net-banking and ATMs may continue operations depending on individual bank capacities.
📊 Reports & Rankings
9. Asia Manufacturing Index 2026
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India is ranked 6th in the Asia Manufacturing Index 2026, indicating progress but also challenges in infrastructure and trade competitiveness.
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China retains the top position while Malaysia and Vietnam follow in rankings.
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India leads in labour force growth metrics but lags in international trade integration and tax incentives metrics.
🧑🔬 Science & Environment
10. Weather Forecast – IMD
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India Meteorological Department (IMD) forecasts rain and snowfall in Western Himalayas with a new western disturbance affecting northwest India around 30 January 2026.
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Plains likely to face cold wave conditions, dense fog, thunderstorms, and strong winds impacting transport and daily life.
🏅 Awards, Culture & Events
11. International Customs Day Observed
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International Customs Day (26 January) recognizes the role of customs authorities in facilitating global trade and securing borders.
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Theme highlights digital transformation and trade facilitation efforts.
12. Neolithic Relics at Lakkundi
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Archaeological discoveries in Lakkundi, Karnataka unveiled Neolithic relics, strengthening the area’s candidature for UNESCO World Heritage status.
🏆 Sports News
13. 2026 ICC Men’s T20 World Cup
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The tenth ICC Men’s T20 World Cup is scheduled from 7 February to 8 March 2026, co-hosted by India and Sri Lanka.
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A total of 20 teams will compete in 55 matches across multiple venues.
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India enters the tournament as defending champions.
📅 Important Dates for Exams
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Republic Day: 26.01.2026
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International Customs Day: 26.01.2026
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World Economic Forum: 19–23 Jan 2026
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Asia Manufacturing Index Publication: January 2026
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ICC T20 World Cup: 07.02.2026 – 08.03.2026
The post Daily Current Affairs – 27.01.2026 appeared first on Daily GK Update.
