EduTips Daily CA Bullet Points (8 January 2026)

1) 🇮🇳National

• New Chief Justice of Jharkhand HC: Justice Mahesh Sharadchandra Sonak is sworn in as the Chief Justice of the Jharkhand High Court today, 8 January 2026, succeeding Justice Tarlok Singh Chauhan.
• Indian Army Vision 2026: The Indian Army has officially declared 2026 as the 'Year of Networking & Data Centricity' to enhance real-time decision-making and digital integration.
• IIT-M Global Expansion: The Ministry of External Affairs has outlined a roadmap to position IIT Madras as the world’s first multinational university, with new campuses planned in the USA, Dubai, Malaysia, and Germany.

2) 🌍International

• Venezuela Political Crisis: Following U.S. military operations, Delcy Rodríguez has been sworn in as the acting and first female President of Venezuela.
• UN Security Council: Five new non-permanent members have officially commenced their two-year terms (2026–2027) at the UN Security Council, shifting the balance of global diplomacy.
• G7 Summit 2026: France has been confirmed as the host for the 52nd G7 Summit later this year, focusing on global security and AI ethics.

3) 💰Economy

• Maritime Sector Funding: The Sagarmala Finance Corporation Limited (SMFCL), India's first NBFC dedicated to the maritime sector, has started lending operations with a target loan book of ₹8,000 crore for FY26.
• UPI Growth: NPCI reports a significant 29% year-on-year increase in UPI transaction volumes for the period ending December 2025, reaching 21.63 billion transactions.
• GST Reform on Tobacco: New taxation frameworks have come into effect this week, shifting 'Beedis' to the 18% GST slab while other tobacco products are moved to a 40% slab.

4) 🗓️Date’s importance

• African National Congress (ANC) Foundation Day: Established on 8 January 1912, marking the start of the primary movement against apartheid in South Africa.
• Battle of New Orleans (1815): A historic victory for American forces led by Andrew Jackson against the British.
• Scientific Milestone (1942): Birth anniversary of the world-renowned theoretical physicist and cosmologist Stephen Hawking.

5) 👱‍♂️👩🦳Person of the day

• Galileo Galilei: Today marks the death anniversary of the "Father of Modern Observational Astronomy" (died 8 January 1642). He championed heliocentrism and made revolutionary telescopic discoveries.

6) 🏅Sports

• Wooden Award Watchlist: Indian-origin and global basketball prospects have been named in the 2026 John R. Wooden Award Midseason Top 25 list, a premier collegiate basketball honour.
• Chess: Commemorating the anniversary of Bobby Fischer winning his first US Chess Championship at age 14 (8 January 1958).

7) 🏆Awards

• UTRGV Hall of Fame: The University of Texas Rio Grande Valley has announced its 2026 Athletics Hall of Fame class, recognising legendary track and field and basketball contributors.
• ICAI Recognition: The Institute of Chartered Accountants of India (ICAI) recently awarded membership certificates to 20,000 new CAs in a massive nationwide convocation.

8) ⭐️Other important significance

• Suryastra Rocket System: The Indian defence sector is highlighting the new 'Suryastra' long-range surface rocket launcher, which features a tactical range of 150–300 km.
• Year of Technology: 2026 marks the transition from 'Technology Absorption' to 'Data Centricity' in Indian strategic planning.

📚Word of the day

• Cogitation (Noun)
  • Meaning: The action of thinking deeply about something; contemplation.
  • Usage: The government's new economic policy was the result of long and careful cogitation.