Monday, Jan 05
Daily current affairs for 5 January 2026 with exam-focused key facts, connected news context, and revision notes for UPSC, SSC, banking and government exams.
Today at a glance
Key Updates:
India now stands at the 8th position globally in World Health Organization (WHO) Pharmacovigilance Contributions, rising from the 123rd position held ten years ago. The Ministry of Health and Family Welfare released the…
The Second WHO Global Summit on Traditional Medicine kicked off on Wednesday, with a focus on 'Restoring Balance: The Science and Practice of Health and Well-Being,' at Bharat Mandapam, New Delhi. Union Health Minister…
Scheme Name: AMRIT (Affordable Medicines and Reliable Implants for Treatment) pharmacies, implemented by HLL Lifecare Ltd. Launch: First outlet opened at AIIMS, Delhi in 2015; network now spans 255 outlets across 24…
India’s Prime Minister Narendra Modi released a commemorative postal stamp on Ashwagandha at the closing ceremony of the Second WHO Global Summit on Traditional Medicine in New Delhi. The five-rupee postal stamp on…
[Jammu and Kashmir]
Key Updates:
Department of Telecommunications (DoT), Ministry of Communications, released the National Frequency Allocation Plan 2025 (NFAP-2025). NFAP-2025 allocates radio-frequency spectrum in the range 8.3 kHz to 3000 GHz.
Indian Army has come out with a new policy that allows limited usage of social media apps for its over 11.5 lakh soldiers. Soldiers can now access Instagram but only for 'purposes of viewing and monitoring' and will not…
Nyoma airbase, located about 35 km from the LAC in eastern Ladakh, was operationalised with a Rs 230 crore upgrade The upgrade included a 2.7-km rigid-pavement runway, new ATC complex, hangars, crash bay and…
Public Service Broadcasting Day is observed on the 12th of November every year to mark Mahatma Gandhi’s historic radio address. On this day in 1947, Mahatma Gandhi made his first and only visit to the Broadcasting House…
[Indian Institute of Technology Madras]
Key Updates:
NITI Aayog proposes allowing foreign higher education institutions to set up campuses in Indian institutions under the ‘campus within a campus’ model with a sunset clause of 10 years. It calls for easing regulations for…
Gujarat Chief Minister Bhupendra Patel gave in-principle approval for the establishment of the Indian AI Research Organisation (IAIRO) to strengthen research and development in artificial intelligence. The facility will…
Dr. S. Jaishankar, Minister of External Affairs of India, will deliver a Spotlight Lecture at Shaastra 2026 organised by Indian Institute of Technology Madras (IIT Madras). Prof. Jeffrey Ullman, Turing Award recipient…
Event: Pilot version of India-United Kingdom Science and Technology Partnership (IN-UK-STP) Dashboard unveiled Participants: Prof. Ajay Kumar Sood, PSA to GoI and Dr. David Warren Smith, UK National Technology Adviser
[ESAF Small Finance Bank]
Key Updates:
Chitra Talwar has been appointed as Part-Time Chairperson of Jana Small Finance Bank effective February 8, 2026. She succeeds R Ramaseshan who is retiring after completing the maximum tenure of eight years.
B P Kanungo has been appointed as the non-executive chairman of the board of IIFL Finance Ltd. He served as Deputy Governor of the Reserve Bank of India from 2017 to 2021 and was a member of the Monetary Policy…
Justice Ashok Bhushan has been reappointed as the Chairperson of the National Company Law Appellate Tribunal (NCLAT). The Appointments Committee of the Cabinet (ACC) approved his re-appointment.
Seven Executive Directors have been appointed to the Boards of various Public Sector Banks. The Department of Financial Services (DFS) formally notified these appointments.
[Jharkhand]
Key Updates:
President Droupadi Murmu on Thursday appointed Justice Surya Kant as the 53rd Chief Justice of India. Justice Kant, who is likely to take oath on November 24, will succeed CJI B R Gavai, who is due to retire on November…
Justice Surya Kant took oath as India's 53rd Chief Justice at the Rashtrapati Bhavan, succeeding Justice B R Gavai. He is known for landmark rulings on issues such as Article 370, gender equality, free speech, and…
Justice Vikram Nath has been nominated as the new executive chairperson of the National Legal Services Authority (NALSA). The appointment takes effect from November 24.
The Reserve Bank of India has approved the appointment of S Krishnan as part-time chairman of J&K Bank. His appointment is effective from November 13, 2025, till March 26, 2028.
[Securities and Exchange Board of India (SEBI)]
Key Updates:
Sebi overhauled merchant bankers rule by introducing a capital adequacy framework, requiring a liquid net worth, and mandating minimum revenue from permitted activities. Sebi allowed merchant bankers to undertake…
Total Expense Ratio shall now be the sum of BER, brokerage, regulatory levies and statutory levies. Base expense ratio limits for equity-oriented schemes and other than equity oriented schemes under various AUM slabs…
Bank of Baroda and SIDBI Sign MoU to Boost Credit Access for MSMEs and Startups Across India. Partnership aims to enhance joint financing, streamline digital working capital, and expand global opportunities for small…
The Securities and Exchange Board of India (Sebi) relaxed educational qualification criteria for Investment Advisers (IAs) and Research Analysts (RAs). Previously, applicants were required to hold a graduate or…
[ICICI Bank]
Key Updates:
The central board of the Reserve Bank of India (RBI) has approved a proposal to transition to a risk-based pricing system for deposit insurance. The new model replaces the uniform premium currently charged to banks under…
Rani Channamma Mahila Sahakari Bank (RCMS Bank) was honoured as the Best Profit-Making Bank in Belagavi District for 2025. The award was presented during the 72nd All India Cooperative Week celebrations held in Haveri.
The CBDT vide Notification No. 161/2025 dated November 19, 2025 has notified the Capital Gains Accounts (Second Amendment) Scheme, 2025. The Scheme now formally incorporates section 54GA, allowing depositors claiming…
Aryaman Finance (India) Limited, a wholly owned subsidiary of Aryaman Financial Services, received the Certificate of Registration from the Reserve Bank of India (RBI) on December 24, 2025. The certificate authorizes the…
[Government of India]
Key Updates:
The Government of India announced the implementation of the National Scheduled Caste and Scheduled Tribe Hub (NSSH) Scheme under the Ministry of Micro, Small & Medium Enterprises (MSME) in December 2025. The NSSH Scheme…
Ashika Group has received in-principle approval from the Securities and Exchange Board of India (SEBI) to act as sponsor and set up Ashika Mutual Fund. The approval allows the company to proceed with establishing an…
The Trade Intelligence & Analytics (TIA) portal was launched by Union commerce and industry minister Piyush Goyal. The portal aims to empower Indian businesses to understand global trade patterns, spot emerging…
Scheme Name: Export Promotion Mission (EPM) with two sub-schemes—Niryat Protsahan (finance) and Niryat Disha (non-finance enablers); implementing agency: Directorate General of Foreign Trade (DGFT). Objective: Strengthen…
Key Updates:
The Ministry of Electronics and IT (MeitY) has approved 22 new proposals, including from Dixon Technologies, Samsung Display Noida, Foxconn, and Hindalco Industries, under the third tranche of the ambitious Electronics…
The Government has approved the ‘Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet’ (REPM) with a financial outlay of ₹7,280 crore. The scheme aims to establish 6,000 metric tonnes per annum (MTPA)…
Scheme Name: Export Promotion Mission (EPM) with two sub-schemes—Niryat Protsahan (finance) and Niryat Disha (non-finance enablers); implementing agency: Directorate General of Foreign Trade (DGFT). Objective: Strengthen…
The Union Cabinet cleared a Rs 7,280-crore incentive scheme to build domestic rare earth magnet capacity. The program will run for seven years and aims to create 6,000 metric tons per annum capacity.
Key Updates:
The TEAM Scheme is implemented by Ministry of Micro, Small & Medium Enterprises as a sub-scheme of ‘Raising and Accelerating MSME Performance’ (RAMP), a Central Sector Scheme. The outlay of MSME TEAM Initiative is Rs.…
The Ministry of Electronics and IT (MeitY) has approved 22 new proposals, including from Dixon Technologies, Samsung Display Noida, Foxconn, and Hindalco Industries, under the third tranche of the ambitious Electronics…
Scheme Name: Export Promotion Mission (EPM) with two sub-schemes—Niryat Protsahan (finance) and Niryat Disha (non-finance enablers); implementing agency: Directorate General of Foreign Trade (DGFT). Objective: Strengthen…
Scheme Name: Electronics Component Manufacturing Scheme (ECMS); Notified on April 8 this year with an outlay of ₹22,919 crore. Objective: Bolster India’s push into producing high-value components and integrating into…
Key Updates:
The Ministry of Textiles (MoT) is organizing a national conference to deliberate on a coordinated national strategy for positioning India as a global textiles manufacturing hub. The MoT deliberations align with the…
The Ministry of Civil Aviation announced indicative SAF blending targets of 1% by 2027, 2% by 2028 and 5% by 2030 for international flights. Public sector oil marketing companies are actively engaged in achieving the…
Scheme Name: PLI 1.2 (third round of the Production Linked Incentive Scheme for speciality steel) launched by Union Steel Minister H D Kumaraswamy. Objective: "to encourage production of high-value, high-grade steels…
The Union government has approved the 'Textiles Focused Research, Assessment, Monitoring, Planning and Start-up (Tex-RAMPS) Scheme', as announced by Union Minister of Textiles Giriraj Singh. The Tex-RAMPS Scheme has an…
[Asian Development Bank (ADB), Telangana]
Key Updates:
ADB committed USD 4.258 billion in sovereign lending to India in 2025. Nearly 32 per cent of ADB's 16 newly committed projects focus on the human and social development sector.
The Expert Appraisal Committee under the Ministry of Environment accorded environmental clearance to the 260-megawatt Dulhasti Stage-II hydropower project on Chenab river in Kishtwar district, Jammu and Kashmir. The…
The Government of India and the Asian Development Bank signed agreements for five loans totaling over $2.2 billion. Pradhan Mantri Skilling and Employability Transformation through Upgraded Industrial Training Institutes…
ADB approved USD 240 million as the second tranche under the USD 780 million facility sanctioned in 2022 for Chennai Metro Expansion Phase 2. Chennai Metro Phase 2 spans 118.9 km across Lines 3 (45.8 km), 4 (26.1 km)…
[Italy, SpaceX]
Key Updates:
Sentinel-6B satellite launched by Falcon 9 from Vandenberg Space Force Base, California Joint U.S.-European mission involving NASA, ESA, European Commission, NOAA, Eumetsat, CNES
Two Hyderabad start-ups — TakeMe2Space and EON Space Labs — completed testing and integration of the 14-kilogram Earth observation satellite MOI-1 at Azista BST Aerospace in Ahmedabad. MOI-1 will ride as a co-passenger…
Russia lifted a Soyuz-2.1b from Vostochny with 52 satellites and separately placed three Iranian communications payloads in orbit. Roscosmos said the payload includes two Aist-2T satellites and 50 smaller spacecraft.
Sentinel-1D, a 2,184-kg C-band synthetic aperture radar satellite built by Thales Alenia Space, launched on Ariane 6 from Kourou, French Guiana. The satellite separated 33½ minutes after liftoff and operates in a 693-km…
Key Updates:
USA swimmer Carli Cronk won 12 gold medals at the 2022 Summer Deaflympics in Brazil. Carli Cronk set multiple deaf world records and established the record for the most golds by an athlete at a single Summer Deaflympics.
International Stuttering Awareness Day is celebrated every year on October 22. International Stuttering Awareness Day 2025 shines a light on the power of speech, acceptance, and resilience.
World Usability Day hosted on, November 13, 2025. The theme for this year's World Usability Day is Emerging Technologies and the Human Experience.
Srikant Bolla was awarded the Ramoji Award of Excellence in the Youth Icon category at Ramoji Film City, Hyderabad. Bolla is the founder of Bollant Industries, which employs over 500 people including a quarter who are…