Daily Current Affairs – January 12, 2026

Europe takes center stage in Indian diplomacy this week. German Chancellor Friedrich Merz visits Monday, seeking trade expansion before the EU free trade agreement. France's Emmanuel Bonne arrives Monday and Tuesday, preparing for President Macron's February trip. Poland's foreign minister Radosław Sikorski follows. Prime Minister Modi meets Merz in Ahmedabad to boost cooperation.

Businesses in India are urging the government to prioritize economic growth in the upcoming budget. They are calling for more reforms and increased government spending on infrastructure. Incentives for private investment and privatization are also key demands. Support for exporters facing challenges from US tariffs is crucial. The budget is expected to outline the path for future economic expansion.

The banks claimed that disclosing regulatory information would harm their commercial interests

RJD leader Tejashwi Yadav returns to Patna, pledges to monitor the new government’s performance after 100 days of its formation

Meanwhile, the post-ceasefire death toll continued to rise in Gaza, with Israeli gunfire killing three Palestinians, according to Palestinian hospital officials

India's 10-year government bond yield experienced a sharp, albeit temporary, dip of 14 basis points in early trading, reaching its lowest point since December 8. Traders attributed this significant drop to a 'fat finger error,' indicating an accidental trade that is expected to be reversed. The yield briefly touched 6.4964% before the correction.

The Trump administration is reportedly threatening criminal charges against Federal Reserve Chair Jerome Powell over significant cost overruns on the renovation of the Fed's headquarters complex. The project, involving the Eccles Building and the 1951 Constitution Avenue Building, has exceeded its budget by hundreds of millions of dollars due to rising costs and unforeseen issues.

Despite regulatory aid from the ministry of AYUSH and a growing acceptance of cannabis as an addon, the growth of the herbal cigarette market has stalled since the covid pandemic ended. Can these cigarettes still become ayurveda’s next big growth driver?

With rising medical costs and changing customer preferences reshaping how credit cards are used, BOBCARD is moving away from one-size-fits-all offerings towards cohort-specific products.

The men dash Tamil Nadu’s hat-trick hopes by cashing in on the home team’s poor shooting; the women survive a late scare from Kerala to clinch their eighth consecutive crown