Daily Current Affairs – January 23, 2026

Global trade is changing rapidly. US tariff policies have shifted focus from multilateral agreements to bilateral trade deals. This creates uncertainty for businesses. India is strategically diversifying its trade partnerships. This approach helps navigate a more disrupted world. New strategies are needed to adapt to these evolving trade dynamics.

Businesses are urging the government to prioritise tax reforms in the upcoming budget. Key demands include quicker resolution of tax disputes and improved certainty in transfer pricing. Streamlining customs procedures and liberalising schemes like MOOWR are also crucial.

Apple is locked in a high-stakes legal battle with the Competition Commission of India (CCI)

Circular economy for Mumbai, India’s first Innovation city in the State, were some of the key announcements

Elon Musk sees his humanoid robots hitting the market next year, one of several "optimistic" forecasts by the US tech mogul

Mr. Quader said his party is not receiving support from the current administration because of its past association with the Awami League and accused the country’s interim government of lacking sincerity in delivering an inclusive election

The Bank of Japan has kept its key interest rate steady at 0.75 percent. This decision was widely expected by analysts. The central bank anticipates inflation will fall below two percent in early 2026. Japan's economy is projected to grow moderately. Prime Minister Sanae Takaichi is preparing for a snap election on February 8.

Budget 2026 is expected to prioritize growth support and macro stability, with a focus on capital expenditure and fiscal discipline. Niraj Kumar of Generali Central Life Insurance anticipates a revival in earnings growth, driven by domestic demand and policy continuity, making India structurally well-placed despite geopolitical uncertainties.

The RBI has announced a total of 16 holidays for all public and private banks in India in January 2026, including the State Bank of India. This also includes weekends — the second and fourth Saturdays, and all Sundays in the month.

India's small finance banks are ramping up hiring from larger banks to prepare for universal banking transitions. With a focus on strengthening leadership, these banks aim for significant growth.

A committed and soft-spoken footballer, Pasha carved out a distinguished career in an area of the field that demanded resilience and composure — defence

Gukesh's timely victory ahead of the first rest day on Thursday (January 22, 2026) put him on three points out of a possible five and the Indian ace went up to joint fourth spot behind three leaders