Daily Current Affairs – January 16, 2026

India Export Data: India's trade deficit grew in December as exports slowed. Despite challenges, overall outbound shipments saw modest growth. Diversification strategies are deepening trade ties with West Asia, Europe, and other regions. Services exports also saw a contraction. Government initiatives are supporting exporters, with positive growth expected in goods and services trade for the fiscal year.

In the last week of December, commerce and industry minister Piyush Goyal had a virtual meeting with US trade representative Jamieson Greer.

AAIB has summoned Captain Varun Anand, nephew of the late Sabharwal and a pilot of narrow-body aircraft with Air India

The drones were seen hovering along the Line of Control (LoC) in Poonch and the Ramgarh sector of Samba district

Delcy Rodriguez laid out a vision for Venezuela's new political reality — one that challenges her government's most deeply rooted beliefs less than two weeks after U.S. captured former President Nicolás Maduro

A sharp 4% drop in global crude has put ONGC, Oil India, Reliance, Indian Oil, BPCL and HPCL back in the spotlight. The reversal, driven by easing geopolitical fears, reshapes near-term expectations for upstream producers and refiners, with analysts watching whether oversupply or renewed tensions steer prices ahead.

Billionbrains Garage Ventures, parent of Groww, reported a 27.8% profit dip in Q3 FY26 due to a one-time tax gain last year. Despite this, revenue surged 24.8%, and market share grew significantly in stocks and derivatives. Analysts at Motilal Oswal and Citi maintain 'Buy' ratings, citing strong revenue growth and market position

Bank holiday today, 16 January: Banks in some states across India will be closed on Friday, 16 January. Bank holidays are decided by the Reserve Bank of India.

A series of reforms in 2025 – from predictable toll expenses and digital payments to barrier-free tolling and reduced charges during upgrades – quietly reshaped highway travel in India.

While Nat Sciver-Brunt claimed a couple of wickets, none of the other Mumbai Indians bowlers could make an impact

Title favourites and World No. 3 Chirag Shetty and Satwiksairaj Rankireddy were upset by the Japanese pair of Hiroki Midorikawa and Kyohei Yamashita