TODAY NEWS HIGHLIGHT
➤ Finance Ministry launches ‘Paripoorna Mediclaim AYUSH Bima’ for CGHS beneficiaries
➤ TVS Supply Chain Solutions appoints Vikas Chadha as Global CEO
➤ RBI proposes changes to banks' foreign exchange position
➤ Maharashtra surpasses Tamil Nadu in NITI Aayog's export index
➤ Karan Fries Breed: ICAR–NDRI's Climate-Friendly Solution to India's Dairy Needs
➤ The Centre appointed Shatrujeet Singh Kapoor as the ITBP chief and Praveen Kumar as the BSF chief
➤ Karnataka Bank receives IBA Award for Best Fintech and DPI Adoption
➤ PM CARES Fund enjoys right to privacy under RTI: Delhi High Court
1. Ministry of Finance Launches ‘Paripoorna Mediclaim Ayush Insurance’ for CGHS Beneficiaries
The Union Ministry of Finance launched a new optional health insurance scheme called Paripoorna Mediclaim Ayush Insurance for CGHS beneficiaries on January 14, 2026. This scheme does not replace the existing Central Government Health Scheme (CGHS) but acts as a supplement to it. Its aim is to provide additional financial security to central government employees and pensioners amidst rising healthcare costs.
2. TVS Supply Chain Solutions Appoints Vikas Chadha as Global CEO
January 2026 witnessed a significant corporate development in India's logistics and supply chain sector when TVS Supply Chain Solutions announced the appointment of Vikas Chadha as its new Global Chief Executive Officer. This appointment comes at a time when the retirement of the company's current Managing Director, Ravi Viswanathan, has already been announced.
3. RBI proposes changes to banks' foreign exchange positions
Amidst increasing volatility in global currency markets and a rise in cross-border activities of Indian banks, the Reserve Bank of India (RBI) has proposed changes to the regulations governing banks' foreign exchange positions. This proposal follows a comprehensive review of existing forex regulations and aims to make risk management more effective.
4. Maharashtra Surpasses Tamil Nadu in NITI Aayog's Export Index
India's export competitiveness is increasingly dependent on the policy capabilities, infrastructure, and administrative efficiency of its states and union territories. Against this backdrop, NITI Aayog has released the Export Preparedness Index (EPI) 2024, which provides a comprehensive assessment of the export readiness and actual performance of states and Union Territories.
5. Karan Fries Breed: ICAR–NDRI's Climate-Resilient Solution for India's Dairy Needs
As India's dairy sector grapples with the challenge of increasing production while simultaneously adapting to climate change and ensuring sustainable livestock farming, the emergence of the Karan Fries cow breed holds particular significance. This is an advanced and climate-resilient hybrid dairy breed developed after decades of scientific breeding research.
6. Centre Appoints Shatrujeet Singh Kapoor as ITBP Chief and Praveen Kumar as BSF Chief
Significant leadership changes have been made in the Central Armed Police Forces under India's internal security and border management framework in January 2026. The central government has appointed Shatrujeet Singh Kapoor as the new Director General of the Indo-Tibetan Border Police (ITBP), while Praveen Kumar has been appointed as the Director General of the Border Security Force (BSF).
7. Karnataka Bank Receives IBA Award for Best Fintech and DPI Adoption
India's banking sector is rapidly undergoing digital transformation, with the role of fintech innovation and digital public infrastructure becoming increasingly important. In this context, Karnataka Bank's recent achievement is significant. The bank has been recognized at the Indian Banks' Association's Banking Technology Awards for its effective adoption of fintech solutions and digital public infrastructure.
8. PM CARES Fund enjoys privacy rights under RTI: Delhi High Court
The Right to Information Act, 2005, was enacted to promote transparency and accountability in governance, but it also includes certain statutory exceptions to protect privacy and sensitive information. In this context, a recent decision by the Delhi High Court clearly highlights the balance between RTI and privacy.
QUIZ WITH EXPLANATIONS
1. For whom has the Paripoorna Mediclaim Ayush Insurance Scheme been launched?
A - For all citizens
B - Only for private sector employees
C - For CGHS beneficiaries
D - Only for BPL families
The Union Finance Ministry launched a new optional health insurance scheme called Paripoorna Mediclaim Ayush Insurance for CGHS beneficiaries on January 14, 2026. This scheme does not replace CGHS but complements it, providing additional financial security to central government employees and pensioners amidst rising healthcare costs.
2. Who has TVS Supply Chain Solutions appointed as its new Global CEO?
A - Ravi Viswanathan
B - Vikas Chadha
C - Ratan Tata
D - Ajay Singh
In January 2026, TVS Supply Chain Solutions announced the appointment of Vikas Chadha as its new Global CEO. He will assume office on January 22, 2026. This appointment is in light of the pre-announced retirement of the company's current Managing Director, Ravi Viswanathan. This move is part of a well-planned succession plan, ensuring continuity, transparency, and long-term strategic stability in leadership.
3. Why has the RBI proposed changes to the rules related to foreign exchange positions?
A - To increase bank lending
B - To strengthen risk management
C - To reduce interest rates
D - To increase currency printing
The Reserve Bank of India has proposed changes to the rules related to foreign exchange positions in light of increasing volatility in global currency markets and the growing cross-border activities of banks. The aim is to make forex risk management more effective and to align Indian banking regulations with international Basel standards.
4. Which state secured the first position in the Leader category of the EPI 2024 among large states?
A - Gujarat
B - Tamil Nadu
C - Maharashtra
D - Uttar Pradesh
NITI Aayog has released the Export Preparedness Index (EPI) 2024, which assesses the export potential and performance of states and Union Territories. The report indicates that India's export competitiveness is increasingly dependent on the policy efficiency, infrastructure, and administrative capabilities of its states. The EPI 2024 is based on four key pillars, and Maharashtra emerged as the top performer among large states.
5. What type of breed is the Karan Fries cow breed?
A - Pure indigenous breed
B - Exotic breed
C - Synthetic (hybrid) dairy breed
D - Wild breed
Karan Fries is an improved and climate-adapted hybrid dairy cow breed developed by the National Dairy Research Institute. This breed is a cross between Holstein Friesian and Tharparkar, balancing high milk production with tolerance to the Indian climate. Due to its average to excellent milk production, it is considered useful for small and medium-sized dairy farmers.
6. To which force has Shatrujeet Singh Kapoor been appointed as Director General?
A - CRPF
B - BSF
C - ITBP
D - CISF
In January 2026, the central government made significant leadership changes in the Central Armed Police Forces, appointing Shatrujeet Singh Kapoor as the new Director General of ITBP and Praveen Kumar as the Director General of BSF. These appointments have been made with the aim of maintaining continuity and effectiveness in border security and internal security arrangements.
7. Which institution presented the Banking Technology Award to Karnataka Bank?
A - RBI
B - NITI Aayog
C - Indian Banks Association
D - Ministry of Finance
Amidst the rapid digital banking transformation in India, Karnataka Bank has achieved a significant milestone by effectively adopting fintech and digital public infrastructure. The bank was honored at the Indian Banks Association's Banking Technology Awards, recognizing its successful integration of digital payments, online banking, and IT systems.
8. The recent Delhi High Court judgment is related to which law?
A - Indian Penal Code
B - Right to Information Act, 2005
C - Income Tax Act
D - Companies Act
The Delhi High Court, in a recent judgment, clarified that while the Right to Information Act, 2005 promotes transparency, it also has statutory limitations to protect privacy. The court stated that even if the PM CARES Fund is considered a 'State,' it is still a legal entity and cannot be deprived of its right to privacy merely on the basis of performing public functions or being under government control.
ONE LINER
What is the maximum insurance cover available under the Paripoorna Mediclaim Ayush Insurance Scheme? - ₹20 lakh
What is the main focus of the changes in forex rules proposed by the RBI? - Net Open Position (NOP)
Which ministry launched the Paripoorna Mediclaim Ayush Insurance Scheme for CGHS beneficiaries? - Union Ministry of Finance
According to the Delhi High Court, which section of the RTI Act provides privacy protection to third-party information? - Section 8(1)(j)
Who became the new Director General of the Border Security Force (BSF)? - Praveen Kumar
Who did TVS Supply Chain Solutions appoint as its new Global CEO in January 2026? - Vikas Chadha
Which IPS officer was recently appointed as the new Director General of ITBP? - Shatrujeet Singh Kapoor
Which institution developed the Karan Fries cow breed? - National Dairy Research Institute (NDRI)
In which area was Karnataka Bank honored by the Indian Banks Association for its outstanding performance? - For adopting Fintech and Digital Public Infrastructure (DPI)
Which state secured the first position in the large states category in NITI Aayog's Export Preparedness Index (EPI) 2024? - Maharashtra