
Find the current affairs of 31 January 2026. Stay updated with the most important news and events that have occurred on this day. Our daily current affairs updates are carefully curated by GK and Current Affairs experts, ensuring that you receive accurate and relevant information to enhance your competitive exam preparation.
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Highlights of 31 January 2026 Current Affairs
- Economic Survey 2025–26 projects India’s real GDP growth at 7.4% in FY26, reaffirming its position as the fastest-growing major economy with growth largely driven by domestic factors.
- The services sector remained the main growth anchor, expanding by about 9.1%, supported by strong performance in trade, transport, finance, and digital services.
- Private consumption emerged as the key demand-side driver, with PFCE rising to 61.5% of GDP, the highest share since 2012, reflecting resilient household demand.
- Investment momentum stayed stable as Gross Fixed Capital Formation grew by 7.8%, with investment levels sustained at around 30% of GDP.
- State governments faced rising fiscal stress, with their combined fiscal deficit increasing to 3.2% of GDP in FY25 due to welfare spending, infrastructure push, and revenue constraints.
- India improved debt sustainability by reducing its general government debt-to-GDP ratio by about 7.1 percentage points since 2020, indicating fiscal consolidation.
- The external sector strengthened as India remained the world’s largest remittance recipient at USD 135.4 billion and foreign exchange reserves rose to about USD 701.4 billion.
- Coking coal was declared a Critical and Strategic Mineral under the MMDR Act, 1957, to secure India’s steel sector and reduce heavy import dependence of nearly 95%.
- The Expert Group report on CPI base revision recommended CPI 2024 to better reflect changing consumption patterns and improve inflation measurement for policy use.
- Global and strategic developments highlighted nuclear energy’s role in decarbonization with capacity projected to reach 1,446 GWe by 2050, alongside scientific advances like rare red aurora sightings at Hanle Dark Sky Reserve and geopolitical actions such as the EU designating Iran’s IRGC as a terrorist organization.
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