Monthly Current Affairs Digest
The 16th Finance Commission, chaired by Dr. Arvind Panagariya, submitted its first interim report outlining vertical and horizontal devolution of taxes between Centre and States for the upcoming fiscal cycle.
India celebrated its 77th Republic Day on January 26, 2026, with Brazilian President Luiz Inácio Lula da Silva as Chief Guest, marking strengthening of Global South narrative and IBSA dialogue forum.
RBI announced that CBDC-R has crossed 5 million daily transactions milestone, fully integrated with UPI QR codes, with offline functionality gaining traction in rural areas.
ISRO successfully launched Gaganyaan-H1 mission on January 15, 2026, the final uncrewed test flight before the historic crewed mission scheduled for late 2026.
India's installed non-fossil fuel energy capacity crossed 200 GW, accounting for nearly 45% of total installed power capacity, driven by PM-KUSUM scheme and PLI for solar PV modules.
Families: Embracing Diversity
Inclusion through Literacy
Diaspora: Partners in Viksit Bharat
Hindi: Bridging Traditional Knowledge & AI
Youth for a Sustainable Future
Modernizing for the Future
Netaji: The Beacon of Courage
Empowering Girls for a Brighter Tomorrow
Viksit Bharat & Nari Shakti
Remembering the Sacrifice
Padma Awards 2026
🏆 106 Awards Announced
Padma Vibhushan awarded to veteran scientist for Gaganyaan contributions and social worker from Northeast India. Padma Bhushan to CEO of major Indian semiconductor firm and classical musician.
Khelo India Youth Games 2026
🏆 Maharashtra topped medal tally
8th edition hosted by Bihar/Jharkhand. Maharashtra topped for third consecutive year, followed by Haryana. New record in 100m sprint by 17-year-old athlete from Odisha.
Based on January 2026 current affairs
The 16th Finance Commission has maintained vertical devolution at approximately 41%, similar to the 15th FC.
Brazilian President Luiz Inácio Lula da Silva was the Chief Guest at the 77th Republic Day celebrations.
The e-Rupee has crossed 5 million daily transactions as of January 2026.
Gaganyaan-H1 is the final uncrewed test flight of ISRO's human spaceflight program, launched on January 15, 2026, featuring Vyommitra humanoid robot.
This comprehensive current affairs digest covers all important events of January 2026 including 16th Finance Commission interim report (41% vertical devolution), 77th Republic Day with Brazilian President as Chief Guest (Strategic Biofuels Alliance 2.0), RBI's e-Rupee crossing 5 million daily transactions (Programmable CBDC), ISRO's Gaganyaan-H1 mission (Vyommitra, final uncrewed test flight), India achieving 200 GW non-fossil fuel capacity (45% of total), Padma Awards 2026 (106 awards), and Khelo India Youth Games 2026. Perfect for UPSC, SSC, Banking, Railways, HSSC, UKSSSC, and all state-level competitive exams.
Source: Chronos Intelligence Hub • Research Grade Analysis • For Educational Purposes