Daily Current Affairs – January 6, 2026

Consumer goods demand saw a strong recovery in the October-December quarter, driven by GST cuts and easing inflation. Sales of electronics like ACs and TVs rose significantly, marking the retail market's best growth phase in over 18 months. Retailers remain cautious but inventory levels have decreased.

India is looking at Net Domestic Product as a key economic indicator. This move aligns with United Nations' SNA 2025 guidelines. NDP accounts for asset depreciation and resource depletion, offering a clearer picture of economic costs. The statistics ministry is preparing for this change, with implementation planned for 2029-30. A revised GDP base year is also coming soon.

Suresh Kalmadi had served as Union Minister of State for Railways and was a former president of the Indian Olympic Association (IOA)

The new e-Production Investment Business Visa will be issued in about 45 to 50 days after applying, with permission to stay in India for up to six months

Indian equity markets are shifting from momentum to earnings-led growth in 2026, with moderate double-digit returns expected. Quality businesses with strong fundamentals will lead. Precious metals offer constructive outlooks despite potential corrections. The Rupee is anticipated to stabilize. Key sectors like NBFCs, Auto, Telecom, and Healthcare are poised for gains.

India’s GDP growth outlook for FY26 and FY27 is improving, supported by strong post-GST data, resilient consumption, public capex recovery and policy easing. BofA Global Research’s Rahul Bajoria expects autos and travel to lead discretionary demand, sees room for another RBI rate cut, and believes India can manage global risks despite geopolitical uncertainty.

Indian drugmakers, known for their chemistry and prowess in making generics—cheaper copies of innovative drugs—for the world, have started pivoting towards innovation to stay competitive globally. Those who took the earliest, and riskiest, bets saw decisive gains this year. 

Indian carmakers Tata and Mahindra are aggressively shortening product development cycles to compete with Chinese speed.