Current affairs · 8 November 2026

Current affairs — 8 November 2026

The day's most exam-relevant current affairs for UPSC, SSC, banking, railways and state exams — free, factual, revision-ready. 11 updates.

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Defence

  • Army holds seminar on leveraging space for land forces

    On 3 November 2026 the Indian Army organised 'Emerging Battlefield: Leveraging Space for Land Forces' at the Manekshaw Centre, New Delhi. Experts from the Armed Forces, ISRO, DRDO, industry and academia discussed secure satellite communications, space domain awareness and indigenous space technologies to reduce dependence on foreign systems.

    Why it matters: Space-based military capability and the Defence Space Agency are growing themes in security studies.

    In plain words (5 lines, written by AI from this item)

    1. The Indian Army held a seminar to talk about using space technology to help soldiers fight better on the ground.
    2. Army experts met with scientists from ISRO, DRDO, and universities to share ideas about space systems.
    3. India wants to make its own space technology instead of buying it from other countries for military use.
    4. Soldiers and defence people will get better tools for talking to each other and watching threats from space.
    5. Space technology is becoming an important part of modern military strength and defence planning in India.
    DefenceUPSCGeneralsource ↗

Economy

  • Centre's capital expenditure up 12.7% to ₹6.55 lakh crore in H1 FY27

    The Centre's capital expenditure rose 12.7% year on year to ₹6.55 lakh crore in April–September 2026-27, per official data cited by Mint on 6 November 2026. A PIB backgrounder of 7 November described India as the sixth-largest chemicals producer in the world and fourth-largest in Asia, with the sector valued at about USD 220 billion.

    Why it matters: Capex trends and sectoral rankings feed GS-3 and Banking awareness questions.

    In plain words (5 lines, written by AI from this item)

    1. The government spent more money on building things like roads, airports and factories in the first half of this year.
    2. The Centre increased its capital spending by 12.7 percent compared to the same time last year.
    3. More investment in infrastructure helps create jobs and makes the country's economy stronger and more modern.
    4. Ordinary people benefit when new roads, power plants and factories are built in their areas.
    5. India is now the fourth-largest chemicals producer in Asia and sixth in the world, worth about 220 billion dollars.
    UPSCBankingSSCState PSCsource ↗
  • RBI raised repo rate to 5.50% in October, first hike since 2023

    On 7 October 2026 the RBI, led by Governor Sanjay Malhotra, raised its key policy rate by 25 basis points to 5.5%, its first hike since 2023. Retail inflation had risen for ten straight months, touching 4.8% in August against the 4% medium-term target. A later wrap notes the RBI cut its FY27 GDP growth forecast to 6.6% and raised the inflation projection to 5.1%, citing West Asia conflict and crude volatility. Some brokerages expect another hike in December.

    Why it matters: Current repo rate, MPC stance and growth/inflation projections are core Banking and Prelims facts.

    In plain words (5 lines, written by AI from this item)

    1. The RBI increased its main interest rate by 25 basis points to 5.5% because prices of everyday things kept rising for ten months.
    2. RBI Governor Sanjay Malhotra announced this decision on October 7, 2026, and it was the first rate increase since 2023.
    3. The RBI raised this rate because retail inflation reached 4.8% in August, which is higher than their target of 4%.
    4. When the RBI raises interest rates, borrowing money for loans, homes, and businesses becomes more expensive for ordinary people.
    5. Remember: RBI raises repo rate to fight high inflation, and the repo rate is the main tool the central bank uses to control prices.
    BankingUPSCSSCState PSCsource ↗

International

  • India and EU conclude negotiations on India's association with Horizon Europe

    The European Commission and India concluded negotiations on India's association with Horizon Europe, the EU's EUR 93.5 billion research and innovation funding programme (reported 6 November 2026). Formal negotiations began on 17 July 2026, following exploratory talks launched on 6 February 2026. Once signed and ratified, the association is envisaged to take effect in January 2027. It builds on the 2001 India-EU S&T Cooperation Agreement (renewed until 2030) and the Joint Comprehensive Strategic Agenda towards 2030 adopted at the 27 January 2026 EU-India Summit.

    Why it matters: India-EU ties and science diplomacy are recurring UPSC Prelims and GS-2 topics.

    In plain words (5 lines, written by AI from this item)

    1. India and the European Union finished talks to let India join Horizon Europe, which gives money for research and new ideas.
    2. The European Commission and India worked together on this deal after starting formal negotiations in July 2026.
    3. This agreement helps India work with Europe on science and technology projects, building on their friendship since 2001.
    4. Indian scientists and students can now get funding and work with European researchers on big projects.
    5. India's association with Horizon Europe shows how India-EU science cooperation is growing and is important for government exams.
    UPSCState PSCGeneralsource ↗
  • India, Guyana sign three agreements at CHOGM; new US$500 million Line of Credit extended

    External Affairs Minister S. Jaishankar and Guyana President Irfaan Ali signed three agreements on the sidelines of the Commonwealth Heads of Government Meeting (CHOGM) in Antigua and Barbuda. They cover Quick Impact Projects grant assistance, MSE manufacturing projects, and cooperation on digital public infrastructure including a UPI-like system in Guyana. India also extended a new US$500 million Line of Credit to Guyana.

    Why it matters: UPI exports, Lines of Credit and CHOGM are favourite topics for international relations questions.

    In plain words (5 lines, written by AI from this item)

    1. India and Guyana signed three agreements to work together on projects and money.
    2. India's External Affairs Minister and Guyana's President did this at a Commonwealth meeting.
    3. India gave Guyana five hundred million dollars as a loan to help development.
    4. People in Guyana will get help with small businesses, projects, and digital payment systems like India's UPI.
    5. India is using agreements and loans to build relations with Commonwealth countries like Guyana.
    UPSCSSCState PSCGeneralsource ↗

Pay & Jobs

  • 8th Pay Commission completes one year; report not yet submitted

    The 8th Central Pay Commission, constituted by Gazette notification on 3 November 2025 and chaired by Justice Ranjana Prakash Desai, completed its first year with no revision of salaries or pensions announced yet. The commission has 18 months to report (about May 2027), and the Lok Sabha was told on 10 August 2026 that no report had been submitted. The NC-JCM staff side has demanded a fitment factor of 3.833 and minimum basic pay of ₹69,000, against today's ₹18,000. The fitment factor and implementation date are undecided.

    Why it matters: Pay commission timelines and the fitment-factor debate directly affect the pay of central government posts.

    In plain words (5 lines, written by AI from this item)

    1. A group called the 8th Pay Commission was made one year ago to decide if government workers should get more salary.
    2. It is led by Justice Ranjana Prakash Desai and was set up by official order in November 2025.
    3. The commission has to finish its work by May 2027, but it has not given its report to the government yet.
    4. Central government workers and their families are waiting because any new salary decision will affect how much money they earn.
    5. The staff side is asking for basic pay to become ₹69,000 and a fitment factor of 3.833, but nothing is final.
    GeneralSSCRailwaysBankingState PSCsource ↗
  • Current DA stands at 63% from 1 July 2026

    Dearness Allowance for central government employees is 63% with effect from 1 July 2026, per a tracker of the latest DA release. That release covered about 48.54 lakh employees and 68.71 lakh pensioners.

    Why it matters: The latest DA rate and beneficiary numbers are a regular pay and allowances fact.

    In plain words (5 lines, written by AI from this item)

    1. Central government employees and pensioners got a higher payment called Dearness Allowance starting from July 1, 2026.
    2. This increase affects about 48.54 lakh employees and 68.71 lakh pensioners who work for or retired from the central government.
    3. The Dearness Allowance went up to 63 percent to help workers keep up with rising prices of things they buy.
    4. Government workers and retirees will get more money in their salary and pension because of this increase.
    5. Dearness Allowance is money the government gives employees and pensioners to fight the effect of high prices on their income.
    GeneralSSCRailwaysState PSCsource ↗
  • Railway recruitment open: RRB Station Master (1,215) and NTPC Undergraduate (1,688) posts

    RRB is accepting applications for Station Master (CEN 08/2026) with 1,215 vacancies for graduates, last date 25 November 2026. RRB NTPC Undergraduate (CEN 07/2026) has 1,688 vacancies for 12th-pass candidates, last date 13 November 2026. Other listed drives include UPSSSC Junior Engineer (1,156 posts) and Central Railway Apprentice (2,861 posts, last date 2 December).

    Why it matters: Live railway vacancies with approaching deadlines are immediate action items for aspirants.

    In plain words (5 lines, written by AI from this item)

    1. Railway jobs are open for people to apply right now through different groups.
    2. RRB is hiring Station Masters for graduates and NTPC positions for 12th-pass students.
    3. These jobs opened because railways need staff for stations and other work across India.
    4. Anyone with the right education level can apply for these railway jobs in their area.
    5. Station Master needs graduates and has 1,215 posts, while NTPC has 1,688 posts for 12th-pass.
    RailwaysSSCState PSCsource ↗

Schemes

  • NPPA trade-margin cap on 137 anti-cancer drugs: revised prices effective 9 November

    The Department of Pharmaceuticals said on 7 November 2026 that revised prices of anti-cancer medicines take effect from 9 November 2026. This follows the National Pharmaceutical Pricing Authority's cap on trade margins for 137 anti-cancer drugs. Estimated annual savings for patients are ₹3,502 crore.

    Why it matters: NPPA, drug price control and health policy are common in Prelims and GS-2.

    In plain words (5 lines, written by AI from this item)

    1. The government has put a cap on how much sellers can earn when selling 137 anti-cancer medicines.
    2. The National Pharmaceutical Pricing Authority did this to control the prices of these medicines.
    3. This was done so that cancer medicines become cheaper and patients can afford them better.
    4. Poor and middle-class patients who need cancer treatment will spend less money on these medicines.
    5. NPPA controls medicine prices in India and this price cap saves patients about 3,502 crore rupees every year.
    UPSCSSCState PSCGeneralsource ↗

Sci-Tech

  • ISRO's NVS-03 completes orbit manoeuvres, strengthening NavIC

    ISRO launched the NVS-03 navigation satellite on 30 October 2026 at 11:51 PM IST aboard GSLV-F18 from Sriharikota. On 4 November ISRO announced four orbit manoeuvres had been completed. The satellite adds an Indian-made atomic clock and an L1 signal to the NavIC (Navigation with Indian Constellation) system, with coverage extending about 1,500 km beyond India's boundary.

    Why it matters: NavIC, GSLV and atomic clocks are standard Sci-Tech and space-programme questions.

    In plain words (5 lines, written by AI from this item)

    1. ISRO launched a new navigation satellite called NVS-03 and finished moving it to the right position in space.
    2. ISRO did this work, and the satellite is now part of India's own navigation system called NavIC.
    3. This satellite has an Indian-made atomic clock and a new signal type that makes NavIC stronger and more accurate.
    4. Indians using GPS-like services, maps, and location apps will get better and more reliable navigation coverage.
    5. NavIC is India's own navigation system that works beyond our borders and uses satellites with atomic clocks made in India.
    UPSCSSCRailwaysDefenceState PSCsource ↗

Sports

  • India beat New Zealand in 2nd ODI at Wellington to lead series 2-0

    India beat New Zealand by 4 runs (DLS method) in the 2nd ODI at Wellington on 7 November 2026 and lead the series 2–0.

    Why it matters: Recent bilateral series results appear in sports sections of SSC and Railways exams.

    In plain words (5 lines, written by AI from this item)

    1. India won against New Zealand in a cricket match played at Wellington using the DLS method.
    2. The Indian cricket team defeated New Zealand's cricket team by 4 runs.
    3. India now leads the series 2-0, meaning India has won two matches and New Zealand has won none.
    4. Cricket fans in India and New Zealand follow these match results, and sports teams celebrate victories.
    5. For your exam, remember that India beat New Zealand 2-0 in this ODI series at Wellington using the DLS method.
    SSCRailwaysState PSCGeneralsource ↗

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