10th-12th January 2026

1. Union Minister Amit Shah inaugurates the National IED Data Management System of the NSG in New Delhi
2. Akasa Air becomes the fifth Indian airline to join IATA
3. UN-DESA projects India’s GDP growth at 6.6% for 2026
4. Indian Army launches the DIME digital platform to modernise logistics management
5. Bank of Baroda receives RBI approval to shift from Bank PD to a wholly owned subsidiary structure
6. Morgan Stanley projects India’s GDP growth at 7.6% for FY26
7. Pravasi Bharatiya Divas observed to celebrate the Indian diaspora
8. National Youth Day observed to commemorate youth empowerment and ideals
9. All-India Tiger Estimation begins in Thanthai Periyar Sanctuary
10. MSTrIPES app deployed to support tiger census operations in Anamalai Tiger Reserve

National News

1. Phase-I of All-India Tiger Estimation-2026 begins

• What
  • All-India Tiger Estimation is conducted once every four years, with earlier cycles in 2006, 2010, 2014, 2018, and 2022.
• Tell me more
  • Phase-I started in Karnataka and Thanthai Periyar Wildlife Sanctuary and Anamalai Tiger Reserve in Tamil Nadu as part of the sixth national tiger census cycle.
  • Phase-I is being conducted using the M-STrIPES ecological mobile application and includes a Carnivore Sign Survey and a Line Transect Survey.
    • Carnivore Sign Survey involves collection of fresh scat samples (faeces) of tigers and leopards, along with herbivore dung, for DNA analysis.
    • Line Transect Survey records direct sightings of herbivores between 9 January and 5 February.
  • Phase-II will be conducted at the Wildlife Institute of India, Dehradun using remote sensing and Geographic Information System techniques.
  • Phase-III will involve camera trap surveys using shared camera traps across forest divisions.

Source: TH TH NTCA PIB

Banking and Economy

1. Akasa Air joins International Air Transport Association

• What
  • Akasa Air became a member of the International Air Transport Association, a global trade body representing over 360 airlines.
• Tell me more
  • Membership places Akasa Air among five Indian airlines recognised under the global airline association framework.
  • Other Indian members of the association include Air India, Air India Express, IndiGo, and SpiceJet.
  • Akasa Air was founded in 2020 by Vinay Dube, with an investment of $35 million by late Rakesh Jhunjhunwala for nearly 40% stake.

2. Bank of Baroda receives approval to shift primary dealer operations to subsidiary

• What
  • Bank of Baroda received in-principle approval from the Reserve Bank of India to transfer its existing primary dealer authorisation to a proposed wholly owned subsidiary.
• Tell me more
  • The subsidiary will undertake standalone primary dealer business, subject to additional regulatory approvals.
  • The Primary Dealer system, introduced in 1995, aims to strengthen the government securities market by improving liquidity, market making, underwriting, price discovery, and supporting open market operations in government securities.
  • From 2006–07, banks were permitted to undertake primary dealer business departmentally, while Standalone Primary Dealers were allowed to undertake activities beyond government securities business, subject to conditions prescribed by RBI.

Source: RBI HBL

Reports and Indices

1. World Economic Situation and Prospects 2026 Report by UN Department of Economic and Social Affairs

• What
  • The United Nations projected India’s economic growth at 6.6% in 2026 despite a challenging global environment and higher United States tariffs.

• Tell me more
  • India is expected to remain the world’s fastest-growing major economy during the forecast period.
  • Resilient private consumption, strong public investment, recent tax reforms, and lower interest rates are supporting near-term growth.
  • The United States accounts for about 18% of India’s total exports, and higher tariffs may affect export performance if current rates continue.
  • India’s export markets have diversified towards the European Union and the Middle East.
  • Services exports from India remained resilient despite tariff impacts on merchandise exports.

Source: RBI HBL

GDP Forecasts

1. Morgan Stanley’s GDP Projections

• What
  • Morgan Stanley estimated real Gross Domestic Product growth at 7.6% year-on-year for Financial Year 2026.
• Tell me more
  • India’s economic growth is expected to exceed the National Statistical Office’s first advance estimate due to strong recent economic indicators.
  • The National Statistical Office’s first advance estimate placed real Gross Domestic Product growth at 7.4% year-on-year for Financial Year 2026.
  • HDFC Bank projected gross tax buoyancy to rise to 1.1 in Financial Year 2027 from 0.64 in Financial Year 2026.
  • Nominal Gross Domestic Product growth is expected at about 10.1% in Financial Year 2027.

Source: NOA

Defence News

1. Launch of National IED Data Management System to strengthen counter-terrorism framework

• What
  • Union Home Minister Shri Amit Shah inaugurated the National IED Data Management System of the National Security Guard in New Delhi.
• Why
  • The platform aims to support investigation, analysis, and coordination related to terrorist incidents involving explosions and improvised explosive devices across India.
• Tell me more
  • The system creates a two-way, integrated, and online data platform for the National Investigation Agency, Anti-Terrorism Squads, state police forces, and Central Armed Police Forces.
  • The system supports the concept of One Nation, One Data Repository to improve investigation speed, prosecution quality, and inter-agency coordination.
  • The platform will integrate with other national data systems using Artificial Intelligence to strengthen the internal security grid.

2. Indian Army launches digital platform for integrated logistics management

• What
  • The Indian Army launched Depot Integration Management Edition (DIME), a pan-Army digital platform to improve logistics efficiency by enabling faster processes and near real-time visibility of assets.
• Tell me more
  • Depot Integration Management Edition was developed jointly by the Indian Army and Bhaskaracharya National Institute for Space Applications and Geo-informatics.
  • The platform provides real-time visibility of logistic items from Army units to Army Headquarters through integrated dashboards, exception alerts, and predictive stock analytics for informed decision-making.

Source: ET

Important Days

1. Pravasi Bharatiya Divas (19th Edition) – January 9

• What
  • Pravasi Bharatiya Divas is celebrated on 9 January to recognise the contribution of the overseas Indian community to India’s development.
• Tell me more
  • Pravasi Bharatiya Divas has been observed since 2003 to mark Mahatma Gandhi’s return to India from South Africa on 9 January 1915.
  • Since 2015, Pravasi Bharatiya Divas is held once every two years, with theme-based conferences in between to enable engagement with the Government of India and promote networking and experience sharing among overseas Indians.
  • The 18th Pravasi Bharatiya Divas Convention was held in Bhubaneswar, Odisha from 8 to 10 January 2025 with the theme “Diaspora’s contribution to a Viksit Bharat”.
    • 2026 theme is not yet revealed.

2. National Youth Day 2026 – January 12

• What
  • National Youth Day is observed in India on 12 January, declared by the Government of India in 1984, to mark the birth anniversary of Swami Vivekananda.
• Tell me more
  • Swami Vivekananda, born on 12 January 1863 in Kolkata, was a leading disciple of Ramakrishna Paramahamsa and introduced Indian philosophies such as Vedanta and Yoga to the Western world.
  • Prime Minister Narendra Modi will attend the concluding session of the Viksit Bharat Young Leaders Dialogue 2026 on 12 January at Bharat Mandapam, New Delhi.

Source: ET

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