Daily Current Affairs – January 2, 2026

India's economy is experiencing a strong start to 2026. December data reveals high consumer sentiment and robust economic activity. Car sales reached a record high, and Goods and Services Tax collections remained strong. Industrial output saw significant growth, and digital payment transactions scaled new peaks. Fuel sales also exceeded yearly averages, indicating a positive economic outlook.

Cross-border ecommerce is set to become easier for Indian businesses, particularly MSMEs. The government is considering relaxing rules for returning goods and increasing the value limit for courier exports. This move aims to support small businesses and artisans. Dedicated ecommerce export hubs will streamline logistics and customs processes.

On March 1, 1950, the Madras government banned Cross Roads, a Left-leaning journal. A month later, the Supreme Court’s full Bench, by five to one, quashed the order. The Constitution had to be amended in the light of the landmark judgment. Parliament adopted the amendment Bill, with 246 members voting in favour and 14 against

In 1959, Captain V. Sundaram brought home two stranded puppies he found on a flooded street near his house at T. Nagar. He built makeshift kennels at home for injured and abandoned animals. This organisation was registered as the BCI in 1964

The deaths may mark the start of a heavier-handed response by Iran’s theocracy over the demonstrations, which have slowed in the capital, Tehran, but expanded elsewhere

The New Year’s Day release follows the government’s announcement that it released 99 people on December 26, which would bring a total of 187 people released in two ​weeks

Indian investors face a strategic choice after precious metals outperformed equities in 2025. Experts suggest a shift back to stocks for 2026, emphasizing diversification. While gold and silver saw significant gains, analysts warn against chasing euphoria. A balanced portfolio with a higher equity allocation is recommended for the coming year, considering market performance and risk appetite.

Hyundai Motor India shares are set to remain in focus after the company reported strong December sales growth, led by robust exports and steady domestic demand. Management highlighted benefits from GST reforms, rising interest in the new VENUE model and disciplined inventory management, supporting momentum despite recent stock price pressure.

Micro-dramas became immensely popular in 2025 and are expected to emerge even stronger in 2026 as streaming service providers become more selective amid budget constraints. But growing consolidation in the industry may stifle independent and small creators. 

While the residential sector saw a slowdown in 2025, commercial office and logistics assets offer greater scope for further growth.