Daily Current Affairs — 5 January 2026
5 articles • UPSC Prelims & Mains
India's Seafood Export Gets Boost
In News India’s marine products exports increased by 16% in terms of value and 12% in volume during the first seven months (April-October) of FY 2025-26 as compared to the corresponding period last fiscal. India’s Position in Global Seafood Trade According to the data, India’s seafood exports increased to $4.87 billion in April-October 2025 from $4.19 billion during the same period of 2024. The increase was driven by successful market diversification, with sharp export growth to countries such a
India’s Silk Value Chain Projected To Double By 2030
Context Recently, the Central Silk Board has announced an ambitious plan to double India’s silk value chain, currently valued at ₹55,000 crore, to ₹1.1 lakh crore by 2030. Central Silk Board (CSB) It is a statutory body under the Union Ministry of Textiles, established by the Central Silk Board Act, 1948 (later amended as Central Silk Board (Amendment) Act, 2006). It is responsible for formulating policies and implementing programs for the development of sericulture and silk industry.
India Loses 0.4% of its GDP Every Year to Natural Disasters: Report
Context The Economic Outlook for Southeast Asia, China and India: Enhancing Disaster Risk Financing report 2025 was released recently. About It is a regular publication on Asia’s regional economic growth and development processes. Releasing Body: Organisation for Economic Co-operation and Development (OECD).
India’s Emerging Concert Economy
Context The Ministry of Information and Broadcasting has established a Live Events Development Cell (LEDC) to facilitate the expansion of “concert economy”, boosting employment and tourism in the country. What is the Live Events Development Cell (LEDC)? The LEDC was constituted in July 2025 under the direction of the Union Minister for Information and Broadcasting.
US Strikes on Venezuela
Context The US strikes on Venezuela have brought to the forefront concerns over violations of international law, breach of national sovereignty reinforcing perceptions of U.S. imperialism. Probable Reasons for US Attack on Venezuela Oil Reserves: Venezuela holds about 18% of the worlds oil reserves, more than Saudi Arabia (around 16%), Russia (about 5-6%), or the United States (around 4%).