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18-19 January Current Affairs

January 19, 2026

  • Reflects confidence in India’s banking sector

  • Boosts foreign bank localisation & financial stability

  • Automated Complaint Management System (CMS)

    • Mandatory for banks & eligible NBFCs

    • Enhances consumer protection & internal ombudsman independence

  • WPI Inflation (Dec 2025): 0.83%

    • First positive YoY after deflation

    • Signals cost-side pressure recovery , important for monetary stance

  • SBI ATM Charges Hike

    • Due to higher interchange fees

    • Relevant for banking cost structures & customer impact

    • Payments & FinTech

    • Canara Bank + NPCI BHIM Services

      • Integration of UPI plug-ins on Canara ai1Pe app

      • Shows continued expansion of UPI-centric digital banking

    Global Economy & International Taxation

    • OECD Global Minimum Corporate Tax Agreement

      • Participation of USA + 100+ countries

      • Landmark reform for global tax fairness & profit shifting control

    • WEF Global Risks Report 2026

      • World entering an “Age of Competition”

      • Heightened geopolitical, economic, and technological rivalries

      • Important for IR + global governance questions

    Defence, Maritime & Strategic Heritage

    • INSV Kaundinya Overseas Voyage

      • 1,400 km voyage from Porbandar to Muscat

      • Highlights India’s ancient maritime traditions & soft power

    • Adani–Embraer Partnership

      • India’s first commercial aircraft Final Assembly Line (FAL)

      • Boosts Make in India, aerospace manufacturing, and defence-civil aviation synergy

    Science, Environment & Climate Preservation

    • World’s First Global Ice Vault (Antarctica)

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