Daily Current Affairs – 06 February 2026 for Competitive Exams
Daily Current Affairs for 06 February 2026 covers important updates from Banking, Economy, International Relations, Defence, Science & Technology, Environment, Government Schemes, and Important Days, crucial for UPSC, SSC, IBPS, RBI, Railways, Defence and State PSC aspirants.
📘 Introduction – Why in News?
Staying updated with Daily Current Affairs is essential for success in government exams, where General Awareness carries high weightage. The events of 06 February 2026 include major developments related to the 16th Finance Commission, GDP growth projections, defence exercises, Ramsar sites, government portals, global diplomacy, and important international observances.
Platforms like JobsMe simplify preparation by offering structured daily, weekly and monthly current affairs, quizzes and PDFs to help aspirants revise efficiently.
👉 Refer: Daily Current Affairs
📊 Explanation & Main Content
🏦 Banking, Finance & Business Affairs
16th Finance Commission Report Tabled in Parliament
The 16th Finance Commission (FC) report was tabled by Nirmala Sitharaman along with the Union Budget 2026–27.
🔹 Key Highlights
- States’ share in Central taxes retained at 41% (2026–31)
- Shift from entitlement-based to performance-based fiscal federalism
- New parameter added: Contribution to Gross Domestic Product (GDP)
- Emphasis on fiscal discipline & subsidy rationalisation
📌 Vertical & Horizontal Devolution
| Component | Details |
|---|---|
| Vertical Devolution | 41% of divisible tax pool |
| Income Distance | 42.5% |
| Population (2011 Census) | 17.5% |
| Demographic Performance | 10% |
| Area | 10% |
| Forest & Ecology | 10% |
| GDP Contribution | 10% |
❗ Tax and fiscal effort parameters used earlier were removed.
Goldman Sachs Raises India’s GDP Growth Forecast
Goldman Sachs revised India’s Calendar Year 2026 GDP growth from 6.7% to 6.9%.
🔹 Reasons:
- India–USA trade deal reduced tariffs
- Improved export outlook
- Capex recovery expected in H2 2026
- Narrowing of Current Account Deficit (CAD)
RBI Penalises One97 Communications
Reserve Bank of India imposed a compounding penalty under Foreign Exchange Management Act (FEMA), 1999.
| Company | Penalty |
|---|---|
| One97 Communications Ltd (Paytm) | ₹18.76 lakh |
| Nearby India Pvt Ltd | ₹4.28 lakh |
📘 FEMA Objective: Regulates foreign exchange to ensure stability of India’s forex market.
🌍 International Affairs
USA Approves $200 Million Security Aid to Baltic Nations
The United States Congress approved defence assistance to Estonia, Latvia and Lithuania amid rising Russian activity.
- Aid under Baltic Security Initiative
- Approved in FY 2026 Defence Appropriations Act
- Signed by Donald Trump
🇮🇳 National & State Affairs
NYPS 2.0 Portal Launched
The Ministry of Parliamentary Affairs (MoPA) launched National Youth Parliament Scheme 2.0.
| Feature | NYPS 2.0 |
|---|---|
| Eligibility | Open to citizens & groups |
| Participation | Institutional, Group & Individual |
| Focus | Rural & remote inclusion |
PM Narendra Modi’s Visit to Punjab
Narendra Modi:
- Renamed Adampur Airport
- Inaugurated Halwara Airport terminal
- Paid tribute on Guru Ravidas Jayanti
🌱 Environment & Ecology
India Adds Two New Ramsar Sites
Ahead of World Wetlands Day 2026, two wetlands were added.
| Ramsar Site | State |
|---|---|
| Patna Bird Sanctuary | Uttar Pradesh |
| Chhari Dhand Wetland | Gujarat |
🔹 India’s total Ramsar sites: 98
🧪 Science & Technology
RDI Fund First Open Call Launched
Union Minister Dr. Jitendra Singh launched the Research, Development and Innovation (RDI) Fund call.
| Feature | Details |
|---|---|
| Fund Size | ₹1 lakh crore |
| Interest Rate | 2–4% |
| Tenure | Up to 15 years |
| Focus | TRL 4+ technologies |
🛡 Defence Affairs
Exercise KHANJAR-XIII
India–Kyrgyzstan Joint Special Forces Exercise held at Missamari, Assam.
| Aspect | Details |
|---|---|
| Edition | 13th |
| Duration | 4–17 Feb 2026 |
| Focus | Counter-Terrorism |
INS Sudarshini Port Call
Indian Navy’s INS Sudarshini reached Salalah, Oman under Lokayan-26 voyage.
📱 Apps & Portals
NE-RACE Portal Operational
North Eastern Region Agri-Commodity E-Connect links farmers to national buyers.
| Metric | Value |
|---|---|
| Sellers Onboarded | 6,807 |
| Buyers | 735 |
| Trade Value | ₹895.56 lakh |
🕊 Important Days
| Date | Observance |
|---|---|
| 6 Feb | International Day Against Female Genital Mutilation |
| 4 Feb | International Day of Human Fraternity |
📌 One-Liner Points for Quick Revision
- 16th Finance Commission retained states’ tax share at 41%.
- Goldman Sachs projected India’s CY26 GDP at 6.9%.
- RBI fined One97 Communications under FEMA.
- USA approved $200 million defence aid to Baltic states.
- NYPS 2.0 expanded Youth Parliament participation.
- PM Modi renamed Adampur Airport in Punjab.
- India added Patna Bird Sanctuary to Ramsar list.
- RDI Fund offers concessional tech financing.
- Exercise KHANJAR-XIII held in Assam.
- INS Sudarshini began Lokayan-26 voyage.
- NE-RACE strengthens NE farmers’ market access.
- 6 February marks Anti-FGM Day.
