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Daily Current Affairs: 5 & 6 February 2026

Current affairs of 5 & 6 February 2026: India-US Trade Deal 2026: Tariffs Cut to 18%; Denotified Tribes Demand Separate Census 2027 Column; SabhaSaar: AI Tool Used by 1.11 Lakh Gram Panchayats, and 25 more topics. Key facts for every exam, with a quiz.

28 TOPICSDaily CurrentAffairs5 & 6 February 2026In focus: India-US Trade Deal 2026: Tariffs Cut to…safalsetu.com

In this issue: 28 topics

National Affairs

  1. Denotified Tribes Demand Separate Census 2027 Column
  2. India’s First National DVI Guidelines and SOPs
  3. Frontier Nagaland Territorial Authority: Tripartite Pact
  4. MAHSR Tunnel Breakthrough: Second Mountain Tunnel MT-6 Completed
  5. Bharat Container Shipping Line and Outer Harbour MoUs
  6. Asian Rifle/Pistol Championship 2027: India as Host

Government Schemes

  1. SabhaSaar: AI Tool Used by 1.11 Lakh Gram Panchayats
  2. Bharat Taxi: Cooperative Ride-Hailing App Launched

Banking & Finance

  1. SEBI Proposes Lower Z-Score for Commodity Derivatives SGF
  2. SEBI Proposes Relaxations for InvITs and REITs: Key Changes
  3. SEBI Fit and Proper Framework: Review for Intermediaries
  4. FEMA Compounding: RBI Fines One 97 Communications Rs 18.76 Lakh
  5. YES Bank Gets New MD and CEO: Vinay Muralidhar Tonse

Economy

  1. NGEL and Assago MoU for India’s First Green Urea Plant
  2. Walmart Hits USD 1 Trillion Market Value, a Retail First

International Affairs

  1. India-US Trade Deal 2026: Tariffs Cut to 18%
  2. BRICS Centre for Industrial Competencies: India Joins
  3. India–GCC Terms of Reference for FTA Negotiations

Science & Technology

  1. International Space Station: Modules, Research and Future

Environment & Ecology

  1. Karimpuzha Wildlife Sanctuary: New Species Recorded

Defence & Security

  1. Operation Kiya: Udhampur Encounter in Jammu and Kashmir
  2. Exercise Khanjar: India–Kyrgyzstan Counter-Terror Drill
  3. Exercise Agni Pariksha: Army and ITBP Artillery Drill
  4. Exercise Vayu Shakti-2026: IAF Air Power Drill

Reports & Indexes

  1. State Fiscal Responsibility Laws: World Bank Debt Findings

Awards & Persons

  1. Soldier of Humanity Award 2026: Bhutan Queen Mother Honoured
  2. HMG Stone LLP Wins ISO 9001:2015 and 5S Gold Grade
  3. Hugh Gantzer, Padma Shri Travel Writer, Dies at 95

National Affairs

Government Schemes

Banking & Finance

Economy

9. SEBI Proposes Lower Z-Score for Commodity Derivatives SGF

  • SEBI released a consultation paper to ease risk norms in commodity derivatives, saying current safeguards look overly conservative.
  • Today's SGF stress tests use 15 years of prices with extreme moves capped at a Z-score of 10.
  • Proposal: cut the Z-score threshold from 10 to 5.
  • Clearing corporations keep the Settlement Guarantee Fund so that trades settle even after member defaults.
Full notes and 3 MCQs ›
Economy

10. SEBI Proposes Relaxations for InvITs and REITs: Key Changes

  • SEBI proposed targeted easing of norms for InvITs and REITs while keeping investor protection intact.
  • InvITs could keep SPVs beyond concession expiry even if the 90% infrastructure-asset test is temporarily missed.
  • Surplus cash could go into a wider set of liquid mutual fund schemes.
  • Private InvITs would get greenfield investment conditions matching listed InvITs.
Full notes and 3 MCQs ›

Economy

International Affairs

Economy

17. BRICS Centre for Industrial Competencies: India Joins

  • India joined the BRICS Centre for Industrial Competencies (BCIC), a platform for manufacturing, MSME and Industry 4.0 cooperation.
  • The National Productivity Council (NPC) is India's nodal agency for BCIC.
  • BCIC was set up in 2024-25 and launched at UNIDO headquarters.
  • It operates under the BRICS Partnership on New Industrial Revolution (PartNIR).
Full notes and 3 MCQs ›

Science & Technology

Environment & Ecology

Defence & Security

Reports & Indexes

Awards & Persons

Test yourself

15 questions from the news of 5 & 6 February 2026, with answers and explanations.

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