Daily current affairs: 6 February 2026

Long Description : RBI Governor Sanjay Malhotra announced the decision following the final bi-monthly meeting of the 2025–26 fiscal year. The MPC maintained a neutral stance to balance inflation control with economic growth. The Governor noted that while external headwinds have intensified, domestic growth remain strong, with GDP projections for the first two quarters of FY27 being revised upward. CPI inflation for 2025–26 is projected at 2.1%. This "pause" aims to ensure that the previous 25 bps rate cut in December 2025 continues to filter through the economy while keeping headline inflation within the target range.

Long Description : In a major move for consumer protection, the RBI Governor announced draft guidelines to compensate customers for losses incurred due to small-value fraudulent transactions. The proposal includes a discussion paper on enhancing digital payment safety through measures like lagged credits (delaying high-value transfers) and additional authentication for vulnerable groups like senior citizens. Furthermore, the RBI will issue instructions to prevent "mis-selling" of third-party products at bank counters and to regulate the conduct of loan recovery agents to prevent harassment.

Long Description : This historic agreement addresses the long-standing demand for a separate state by the people of Eastern Nagaland. Instead of statehood, the FNTA will be established as an autonomous body with enhanced administrative, legislative, and financial powers within the state of Nagaland. Prime Minister Narendra Modi hailed the pact as a milestone for peace and inclusive growth in the Northeast. It is expected to fast-track development in the region’s six districts by giving them direct control over local governance and resource allocation while maintaining the territorial integrity of Nagaland.

Long Description : To strengthen the operational resilience and technical capabilities of UCBs, the RBI will launch Mission SAKSHAM. This framework focuses on skill development, certification, and technology adoption. Training will be delivered through physical programs and a scalable digital learning platform, with content available in regional languages to ensure grassroots reach. This mission aims to professionalize the management of UCBs, which are critical for financial inclusion. Additionally, the RBI relaxed branch opening norms for certain NBFCs and increased limits on unsecured loans for UCB members.

Long Description : The Department for Promotion of Industry and Internal Trade (DPIIT) signed a Trust Fund Agreement with the UN Industrial Development Organization (UNIDO) to formalize India’s participation. BCIC serves as a platform for BRICS nations to share best practices in Industry 4.0, digital transformation, and manufacturing excellence. By joining this center, Indian MSMEs will gain access to global technical expertise and support for digital technology adoption, helping them integrate more effectively into global value chains and improve industrial productivity in line with the "Make in India" initiative.

Long Description : Union Minister Piyush Goyal presided over the signing in New Delhi, marking a significant step in trade relations with the six-nation GCC bloc (Saudi Arabia, UAE, Qatar, Kuwait, Oman, and Bahrain). The ToR defines the scope and modalities for the pact, which aims to provide stable trade policies and better market access. For India, the FTA is crucial for securing energy supplies and boosting exports in sectors like food processing, petrochemicals, and textiles. The GCC is currently one of India's largest trading partners and a key source of foreign remittances.

Long Description : Unlike private aggregators, Bharat Taxi operates on a cooperative model where the drivers are stakeholders. The platform aims to reduce the high commission fees typically charged by global giants, thereby increasing the take-home pay for drivers while offering competitive pricing for commuters. This initiative is part of a broader government push to promote the cooperative sector (Sahkar se Samriddhi) in the gig economy. The platform also integrates safety features and digital payment systems, providing a regulated, indigenous alternative to existing app-based taxi services in major urban centers.

Long Description : The CoE was inaugurated to strengthen India's aerospace ecosystem through innovation and professional training. As part of this partnership, Airbus is offering 45 full scholarships to meritorious students, with a dedicated 33% reservation for women to promote gender diversity in aviation. GSV, a Central University under the Ministry of Railways, focuses specifically on the transportation and logistics sectors. This collaboration aligns with the "Atmanirbhar Bharat" goal in aerospace by creating a pipeline of skilled Indian engineers and researchers for the global aviation industry.

Long Description : Organized by the Government of Odisha and the Global Finance and Technology Network, the summit focused on leveraging technology for social good. The President emphasized that India’s fintech revolution—driven by UPI and Direct Benefit Transfer—is not just a technical achievement but a lifeline for rural women and small shopkeepers. She urged innovators to ensure technology becomes a tool for "gender justice," viewing women not just as users but as leaders in the tech ecosystem. The summit also discussed challenges like deepfakes and cybersecurity in an increasingly digital economy.

Long Description : This milestone was achieved through a collaborative effort between the Government of India and the IRDAI. The initiative ensures that every household in the district has at least one form of insurance coverage (Life, Health, or General). Alwar’s success serves as a model for the national goal of universal insurance penetration by the centenary of India's independence. This was accomplished by deploying "Bima Vahaks" (insurance volunteers) and leveraging digital platforms to reach the last mile, significantly improving the social security net for the rural population.

Long Description : The 4th edition of the Women's Premier League concluded with RCB lifting the trophy once again in 2026. This victory solidifies RCB's dominance in the tournament and highlights the growing popularity and competitive standard of women's cricket in India. The final match saw standout performances that underscored the depth of talent in the domestic circuit. The tournament has become a crucial platform for Indian women cricketers to gain international exposure and has significantly boosted the commercial viability of the sport in India.

Long Description : Part of the Union Budget 2026 initiatives, Bharat-VISTAAR (Visual Information & Smart Technology for Agricultural Advancement and Resilience) uses generative AI to offer advice in local languages. The platform integrates data on weather, soil health, and market prices to help farmers make informed decisions. It aims to bridge the information gap for smallholder farmers, providing them with "lab-to-land" insights directly on their mobile devices. This is a key component of the government’s strategy to increase farmer incomes through high-value agriculture and technology-driven productivity.

Long Description : Rouble Nagi, known for her "Misaal Mumbai" initiative, was recognized for using art and education to transform living conditions in Indian slums. Her work involves painting houses to improve sanitation and providing vocational training and education to underprivileged children. The award highlights the impact of innovative grassroots leadership in achieving Sustainable Development Goals (SDGs). By integrating community development with creative education, Nagi has reached thousands of families, making her a global icon for social change and inclusive urban development.

Long Description : The initiative aims to modernize healthcare infrastructure in Gujarat, particularly in districts like Kheda. The new MRI machines, valued at over Rs 12 crore each, will provide high-quality diagnostic services at affordable rates in government hospitals. This move is part of a larger strategy to reduce the burden on tertiary care centers and ensure that advanced medical technology is accessible to the rural population. The projects also include new hospital wings and community health centers, strengthening the state’s primary healthcare network.

Long Description : Competing on home turf, the Indian duo displayed exceptional precision in the 10m Air Pistol events. Their performance contributes to India’s leading position in the medal tally at the championships. The event is a critical precursor to the upcoming world championships and provides vital ranking points for Indian athletes. The success of young shooters like Rana and Singh underscores the effectiveness of India’s specialized training programs and the "Khelo India" initiative in nurturing world-class sporting talent.

Long Description : This financing solution is designed to encourage Micro, Small, and Medium Enterprises to transition to solar power for their commercial operations. MSMEs can avail of loans ranging from ₹10 lakhs to ₹2 crores without the need for traditional collateral, with repayment tenures of 4 to 7 years. By aligning repayment with the savings generated from reduced electricity bills, the product makes green energy adoption financially viable. This initiative supports India’s national target of achieving 500 GW of non-fossil fuel energy capacity and promotes sustainable business practices.