Daily Current Affairs – January 28, 2026

Anand Mahindra shared his father's advice, 'Make haste slowly,' as a guiding philosophy for India's measured approach to global trade. This strategy, he believes, is reflected in the potential of the India-European Union Free Trade Agreement, which could significantly boost bilateral trade and incomes while reducing reliance on volatile markets.

India auto exports: In South Africa, the number of vehicles shipped from China has surged 368% over the past four year, and from India 135%. Competition has been fiercest in the entry-level segment of the market, with lower-priced imports compressing margins for domestic producers.

The Economic Survey of India is scheduled to be presented on January 29, followed by the Union Budget 2026-27, to be presented on February 1, 2026

Union Civil Aviation Minister K. Rammohan Naidu said India wants to deepen its relationships with organisations and countries across the world, particularly in aviation

How was the Democratic Autonomous Administration of North and East Syria or Rojava established? Why did the Shaara-Abdi agreement fall through? Why does Turkiye support the Syrian government forces? What has been the U.S.’s position? What does the ceasefire agreement demand?

South Korea has overtaken Germany in stock market capitalisation, fuelled by a powerful rally in technology stocks tied to the global AI and robotics boom. Market value has surged to $3.25 trillion after adding $1.7 trillion since early 2025, lifting Korea to the world’s 10th-largest equity market, supported by reforms and strong index performance.

LGT Wealth India suggests Budget 2026 can boost overseas investing by restoring TCS on remittances to 5% and offering multi-year policy clarity. Aligning tax treatment of global equities with domestic ones and streamlining the Liberalised Remittance Scheme (LRS) are also key to encouraging systematic global diversification for Indian households.

Oil Minister Hardeep Singh Puri said India and Canada pledged to intensify two-way energy trade, involving the provision of Canadian LNG, LPG, and raw petroleum to India, alongside the shipment of processed fuel products from India to Canada.

This searing piece, filed from Panna, one of India’s poorest corners, tells the tale of men and women who have spent years digging pits in the hope of finding a diamond. The shiny stone, they hope, will wipe away their debt, but most only fall deeper into the trap as they vainly excavate the land.