Uday Kotak resigns as CEO of Kotak Mahindra Bank

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• The ILO has projected that global unemployment will remain at a historic low of 4.9% in 2026, though millions of workers continue to face extreme poverty and informal employment.

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• The World Bank has raised India’s FY26 GDP growth forecast to 7.2%, citing strong domestic demand and reforms, keeping India the fastest-growing major economy.

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• Sydney-based amateur Jordan Smith won A$1 million after defeating top professionals to clinch the ‘One Point Slam’ tournament ahead of the Australian Open.

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• The U.S. has suspended immigrant visa processing for citizens of 75 countries over concerns that they may rely on public welfare.

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• A Delhi court has convicted Kashmiri separatist leader Asiya Andrabi under the UAPA in a terror funding and conspiracy case.

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• Jaipur hosted the 78th Army Day Parade outside a cantonment for the first time, showcasing advanced military hardware and reinforcing the theme “Nation First.”

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• Russia has expelled a British diplomat over alleged espionage, further worsening already strained UK–Russia relations.

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• The Centre has appointed new Directors General for the BSF, ITBP and NIA to lead key security and counter-terrorism agencies.

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• Environmental activist and ‘Save Kurinji’ campaign leader G. Rajkumar passed away at 70, leaving behind a legacy of biodiversity conservation.

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• China recorded a historic trade surplus of $1.2 trillion in 2025, the highest ever achieved by any country globally.

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