Daily Current Affairs – 27 January 2026 for Competitive Exams
Daily Current Affairs for 27 January 2026 covers crucial updates from Banking & Economy, National & International Affairs, Defence, Science & Technology, Awards, Rankings, and Important Days—highly relevant for UPSC, SSC, Banking, Railways, Defence & State PSC exams.
1️⃣ Introduction – Why in News?
The Daily Current Affairs – 27 January 2026 focuses on major policy decisions, economic reforms, digital finance milestones, defence indigenisation, scientific innovations, and global developments. These topics carry high weightage in Prelims, Mains, and Interview stages of competitive examinations.
Aspirants can also revise from Daily Current Affairs and attempt Daily Current Affairs Free Quizzes on JobsMe for faster revision.
2️⃣ Banking, Finance & Business Current Affairs
🏦 PFRDA Constitutes SAARG Committee for NPS Reforms
The Pension Fund Regulatory and Development Authority (PFRDA) formed the Strategic Asset Allocation and Risk Governance (SAARG) Committee to modernise the National Pension System (NPS) investment framework.
Key Objectives
- Strengthen long-term retirement wealth creation
- Improve diversification & risk management
- Benchmark Indian NPS with global pension systems
Chairperson: Shri Narayan Ramachandran (Former CEO, Morgan Stanley India)
Tenure: 9 months
📊 Exam-Oriented Table: SAARG Committee
| Aspect | Details |
|---|---|
| Regulator | PFRDA |
| Committee | SAARG |
| Focus Areas | Asset Allocation, ALM, Risk, Sustainability |
| Time Period | 9 Months |
| System Covered | National Pension System (NPS) |
💳 SEBI Approves PhonePe IPO
The PhonePe received approval from Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO).
Highlights
- Target Issue Size: ₹12,000 crore
- Route: Pure Offer for Sale (OFS)
- Market Share: ~45% of UPI transactions
- Founded: 2015
🚀 Juspay Becomes India’s First Unicorn of 2026
Juspay, a Bengaluru-based fintech firm, became India’s first homegrown unicorn of 2026 after raising USD 50 million in Series D funding.
| Parameter | Details |
|---|---|
| Valuation | USD 1.2 Billion |
| Funding Lead | WestBridge Capital |
| Founded | 2012 |
| Sector | Payments Infrastructure |
3️⃣ International & National Affairs
🌍 World Bank Funds Bhutan Hydropower Project
The World Bank approved USD 815 million for Tata Power’s Dorjilung Hydropower Project in Bhutan.
Significance
- Strengthens India–Bhutan energy cooperation
- Boosts renewable energy exports to India
- Enhances regional clean energy integration
🗳️ ECINET Platform Launched
The Election Commission of India launched ECINET, a unified digital electoral platform integrating 40+ applications to enhance voter services and transparency.
4️⃣ Defence & Security Current Affairs
⚓ Indian Navy Contracts MSME Shipyard
The Indian Navy signed a contract with M/s Suryadipta Projects Pvt. Ltd. for 200-tonne non-propelled barges, supporting Make in India and Aatmanirbhar Bharat.
5️⃣ Science & Technology
🤖 Indian Railways Introduces Humanoid Robot ‘ASC ARJUN’
Indian Railways deployed ASC ARJUN, a humanoid robot, at Visakhapatnam station for passenger safety using:
- Face Recognition System (FRS)
- AI-based crowd monitoring
- Multilingual announcements
🧠 AI-First EdTech Startup Fermi.ai
Former Google & Flipkart executive Peeyush Ranjan launched Fermi.ai, focusing on deep conceptual STEM learning using AI-driven tools.
6️⃣ Environment & Global Reports
🌱 UNEP Nature Finance Report 2026
The United Nations Environment Programme (UNEP) revealed:
- For every USD 1 spent on nature protection, USD 30 goes to nature destruction
- Nature-based investments must rise 5x by 2030
7️⃣ Important Days
🕯️ International Holocaust Remembrance Day – 27 January
Observed to commemorate victims of the Holocaust and mark the liberation of Auschwitz (1945).
📌 One-Liner Revision Points (Quick Notes)
- SAARG Committee formed by PFRDA to reform NPS investments.
- PhonePe IPO approved by SEBI via OFS route.
- Juspay becomes India’s first unicorn of 2026.
- World Bank funds Bhutan’s Dorjilung Hydropower Project.
- ECINET integrates 40+ election services.
- Indian Navy boosts MSME shipbuilding.
- ASC ARJUN robot deployed at Visakhapatnam station.
- UNEP warns nature destruction spending is 30x protection.
- LIC reduced ICICI Bank stake below 5%.
- International Holocaust Remembrance Day observed on 27 Jan.
❓ Exam-Oriented FAQs
Q1. What is SAARG in current affairs?
SAARG is a committee formed by PFRDA to modernise NPS investment and risk governance.
Q2. Why is PhonePe IPO important for exams?
It reflects India’s fintech growth and capital market trends.
Q3. Which company became India’s first unicorn of 2026?
Juspay.
Q4. What is ECINET?
A unified digital electoral platform by the Election Commission of India.
Q5. Which day is observed on 27 January globally?
International Holocaust Remembrance Day.
📚 Preparation Tip
Staying updated daily can be time-consuming. JobsMe’s Daily, Weekly and Monthly Current Affairs, along with Static GK and Weekly Current Affairs, help aspirants stay exam-ready while focusing on smart revision.
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