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Current Affairs 5 November 2026
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NATIONAL AFFAIRS
MoRD Notifies Grievance Redressal Rules, for VB-G RAM G Scheme
In November 2026, the Ministry of Rural Development (MoRD) notified the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) (VB–G RAM G) Grievance Redressal Rules, 2026, under the VB–G RAM G Act, 2025, to establish a structured, transparent and time-bound grievance redressal mechanism for the rural employment scheme.
About Grievance Redressal Rules 2026:
Multi-tier System: The new grievance redressal rules has directed the state to establish grievance redressal mechanisms at Gram Panchayat (GP), Block and District levels.
Complaints Managed by: MoRD has designated Grievance Redressal Officers (GROs) at the appropriate levels, who will be mainly responsible for receiving, registering, enquiring into and resolving grievances.
- At district-level, the District Programme Coordinator (DPC) will oversee grievance redressal.
Timelines: The newly notified rules prescribed strict timelines for resolving the grievances i.e. completion of investigation within 7 working days from the date of receipt and final resolution within 15 days.
Omission of Key Provisions of MGNREGA: The MoRD has omitted two previous provisions of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA): mandatory registration of a First Information Report (FIR) in cases of prima facie financial irregularities and submission of grievance action-taken reports for review at Panchayat and District Panchayat meetings.
MSDE Partners with Assam to Establish SIIC; Signs LoIs for Two ITI Clusters Under PM-SETU
On 2 November 2026, the Ministry of Skill Development and Entrepreneurship (MSDE) organised the ‘Skilling for International Mobility & Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) programme in Guwahati, Assam, focusing on the Tourism and Hospitality sector.
- During the programme, MSDE announced a partnership with the Government of Assam to establish a Skill India International Centre (SIIC) and signed Letters of Intent (LoIs) for upgrading two Industrial Training Institute (ITI) clusters under the PM-SETU scheme.
About the Programme:
Objectives: Strengthening the North-Eastern Region’s skilling infrastructure, expanding international employment opportunities and transforming ITIs through industry participation.
SIIC: The MoU between MSDE and Government of Assam aims to establish a SIIC in Assam to strengthen international workforce mobility by providing industry-aligned training, internationally recognised certifications and pathways to overseas employment, while preparing young people to meet global industry requirements.
PM-SETU: LoIs were signed for two ITI clusters at Jorhat and Tinsukia in Assam under the PM-SETU scheme, with support from Numaligarh Refinery Limited (NRL) for Jorhat and Oil India Limited (OIL) for Tinsukia.
PM Narendra Modi Inaugurates and Lays Foundation Stone of Pune Metro Projects worth around Rs 21,800 Crore
In November 2026, Prime Minister (PM) Narendra Modi inaugurated and laid the foundation stone for Pune Metro projects (Maharashtra) worth around Rs 21,800 crore via video conferencing.
Key Details of Pune Metro Projects:
Connectivity: The newly inaugurated 23-kilometers (kms) fully elevated Pune Metro Line 3 (Pink Line), developed at a cost of over Rs. 8,300 crore, connects Maan-Hinjewadi Information Technology (IT) Park with the District Court Metro station in Shivajinagar, improving access to Pune’s major employment hub.
Phase-II of Pune Metro: He laid the foundation stone of Phase-II of Pune Metro which is expected to be built at an estimated cost of Rs 13,500 crore. The key components of the proposed corridor are:
- Lines 2A and Line 2B (around 12.75 kms): Line 2A will connect Vanaz to Chandani Chowk, while Line 2B will link Ramwadi to Vitthalwadi, extending the existing east-west metro network.
- Line 4 and Line 4A: It spans around 25.52 kms, connecting Kharadi to Khadakwasla, while Line 4A spans 6.12 kms, connecting Nal Stop to Manik Baug.
India and USA Commence 5th Edition of ‘Exercise Tiger Triump’ in Visakhapatnam, AP
On 2 November 2026, India and the United States of America (USA) commenced the ‘Exercise Tiger Triumph 2026’, the 5th edition of bilateral Tri-Service Humanitarian Assistance and Disaster Relief (HADR) exercise, at the Maritime Warfare Centre (MWC) in Visakhapatnam, Andhra Pradesh (AP).
- The opening ceremony was presided over by Rear Admiral (RAdm) Vishal Bishnoi, Flag Officer Commanding Eastern Fleet, Indian Navy (IN) and Rear Admiral (RAdm) Joaquin J. Martinez de Pinillos, Vice Commander, USA Pacific Fleet.
About Exercise Tiger Triumph 2026:
Format: The exercise is being conducted as a Tabletop Exercise (TTX) to strengthen joint planning, coordination and interoperability between the Armed Forces of both countries during large-scale disaster relief operations
Participation:
- Indian Contingent: The Indian contingent comprises specialists from the Indian Navy (IN), ground personnel from the Indian Army (IA), representatives from the Indian Air Force (IAF) and Special Forces from all three Services. The National Disaster Response Force (NDRF) is participating for the first time, contributing specialised disaster-response capabilities.
- USA Contingent: The USA contingent comprises personnel from the US Army, Navy, Air Force and Marine Corps, along with specialists in Space, Cyber, Medical and Explosive Ordnance Disposal (EOD).
Key Activities: The exercise includes all-domain TTX, command and control coordination, cyber and space synchronisation, subject-matter expert exchanges, community outreach and cultural events.
NITI Aayog and TEXMiN Sign Joint SoI to Strengthen India’s Critical Minerals Ecosystem
In November 2026, National Institution for Transforming India (NITI) Aayog and TEXMiN (Technology Innovation in Exploration & Mining Foundation), signed a Joint Statement of Intent (SoI) to strengthen India’s critical and strategic minerals sector through indigenous technology development, research and innovation.
About NITI Aayog-TEXMiN SoI:
Agreement: The SoI was signed during the visit of Prof. Gobardhan Das, Member, NITI Aayog, to Indian Institute of Technology (Indian School of Mines) [IIT (ISM)] Dhanbad, Jharkhand, where he inaugurated the National Symposium on Critical Minerals and Rare Earths (CMRE 2026), held as part of the 45th Annual National Conference of the Indian Council of Chemists.
Focus: The partnership covers four areas: collaborative research and technology development, technical and strategic studies, policy and institutional support, and capacity building and knowledge exchange to strengthen India’s critical minerals ecosystem.
India S&T Scoreboard: In November 2026, Ashok Kumar Lahiri, Vice-Chairperson of NITI Aayog, launched the interactive India Science and Technology (S&T) Scoreboard to assess S&T performance across States and Union Territories (UTs), support evidence-based policymaking and identify research and innovation gaps.
Bihar Becomes First Indian State to Introduce Comprehensive Silt Management Policy, 2026
On 3 November 2026, Bihar Chief Minister (CM) Samrat Choudhary highlighted the Bihar Water Sources Restoration and Silt Management Policy, 2026, notified on 17 September 2026, making Bihar the first state in India to formulate a comprehensive state-level silt management policy.
- The policy aims to restore rivers and other water bodies through scientific desilting, improve their water-carrying capacity, strengthen flood management and utilise excavated silt in construction projects.
About Comprehensive Silt Management Policy, 2026:
Background: Rivers originating in Nepal carry substantial quantities of water and sediment into Bihar, making the state vulnerable to recurring floods. Continuous silt accumulation reduces river-carrying capacity, obstructs water flow and affects agricultural land.
Agricultural Protection: The policy allows removal of sand and silt deposited on farmland after floods and promotes the use of excavated sediment in construction instead of fertile topsoil.
Implementation: Bihar’s Road Construction Department (RCD) will coordinate the initiative with NHAI, supported by a State-level Coordination Committee.
Nadi Sanjivani Initiative: the Ministry of Road Transport and Highways (MoRTH) and the Government of Bihar signed a Memorandum of Understanding (MoU) to promote scientific desilting and reuse of extracted silt in National Highway projects.
Air Chief Marshal Ashutosh Dixit Introduces ‘VAYU’ Vision to Strengthen the Indian Air Force
In November 2026, Air Chief Marshal Ashutosh Dixit, the 29th Chief of the Air Staff (CAS) of the Indian Air Force (IAF), unveiled ‘VAYU’ as the guiding vision for the IAF, to strengthen operational preparedness, accelerate indigenous capabilities and ensure a technologically advanced, self-reliant and seamlessly integrated force.
About ‘VAYU’ Vision:
V – Vigilance, Victory and Readiness: Maintain the highest state of operational preparedness across all IAF formations and restore combat strength to sanctioned levels.
A – Aatmanirbharta (Self-reliance): Accelerate indigenous capabilities in platforms, sensors, weapons and technologies to ensure operational self-reliance and sustained combat capability.
Y – Yukti (Ingenuity): Drive innovation in military doctrine, technology and operational procedures, including AI-enabled command and control, counter-drone capabilities, resilience and emerging operational domains.
U – Unity of Effort: Strengthen jointness with the Indian Army (IA), Indian Navy (IN) and national agencies, in line with Jointness, Aatmanirbharta and Innovation (JAI).
ScrollControl Programme: On 2 November 2026, IAF Educational and Cultural Society partnered with the Information Sharing and Analysis Center (ISAC) Foundation to implement ScrollControl, a Child Digital Safety Programme, across 42 Air Force Schools in India.
INTERNATIONAL AFFAIRS
QS World University Rankings Asia 2027: The University of Hong Kong Tops; IIT Delhi Slips to 66th
In November 2026, global higher education analyst Quacquarelli Symonds (QS) released the QS World University Rankings: Asia 2027, revealing that 71% of previously ranked Indian universities declined in their positions, despite India’s strong performance in research productivity and doctoral education.
- Mainland China led in representation with 448 universities, followed by India (325) and Japan (153), while the University of Hong Kong topped the rankings, followed by Peking University and Tsinghua University.
- Indian Institute of Technology Delhi (IIT-D) was India’s highest-ranked institution at 66th, with 34 new Indian entrants.
QS World University Rankings (Asia) 2027:
Coverage: The latest edition of the rankings featured 1,722 universities across 26 higher education systems, with 195 new entrants.
Methodology: Published annually since 2009, universities are ranked based on their performance across 11 indicators such as:
- academic reputation (30%); employer reputation (20%); faculty/student ratio (10%); international research network (10%); citations per paper (10%) and paper per faculty (5%); staff with Doctor of Philosophy (PhD) (5%); proportion of international faculty (2.5%) and proportion of international students (2.5%);
- Proportion of inbound exchange students (2.5%) and proportion of outbound exchange students (2.5%).
Top-ranked Indian Institutions: All top 6 ranked Indian institutions slipped in the latest rankings. Indian Institute of Technology, Delhi (IIT-D) again emerged as India’s top-ranked institution/university (declined to 66th spot from 59th in last year’s edition).
- It is followed by Indian Institute of Science (IISc) Bengaluru, Bengaluru, Karnataka (from 64th to 79th); IIT Bombay (IIT-B), Mumbai, Maharashtra (from 71st to 83rd); IIT Madras (IIT-M), Chennai Tamil Nadu (TN) (from 70th to 85th ); IIT Kharagpur, Kharagpur, West Bengal (WB) (90th spot).
BANKING & FINANCE
IRDAI To Implement Four Layer Motor Insurance Structure, Tightens ESOP Norms
In November 2026, the Insurance Regulatory and Development Authority of India (IRDAI) directed general insurers to implement a four-layer motor insurance policy structure for private cars and two-wheelers from 15 December 2026.
- The IRDAI has tightened rules governing shares issued to employees of insurance companies under Employee Stock Option Plans (ESOPs) and also reduced the share transfer approvals fees.
Key Details:
Applicable to: The directions apply to all general insurers, except stand-alone health insurers and specialised insurers.
Premium Disclosure: Insurers must separately disclose the actual coverage and premium charged for each section in the policy schedule.
- Insurers must provide a standard Customer Option Form and Customer Information Sheet (CIS), detailing the coverage options and premiums for each section of the motor insurance policy.
Integration: IRDAI has directed insurers to integrate the new four-layer structure with Bima Sugam, the digital insurance market place.
ESOP Norms: The revised norms apply to all insurers, except branches of foreign reinsurers, and applicants seeking registration. The processing fee for specified share-transfer approvals under Regulation 22(4) has been reduced by 80%, from Rs 50 lakh to Rs 10 lakh.
- Prior IRDAI approval is required when shareholdings cross the prescribed thresholds of 5%, 10%, 25%, 50% or 75%, subject to applicable conditions.
SEBI Signs MoU with Digital India BHASHINI Division to Expand Regional-Language Services
On 3 November 2026, the Securities and Exchange Board of India (SEBI) signed a Memorandum of Understanding (MoU) with the Digital India BHASHINI(Bhasha Interface for India ) Division (DIBD),under the Digital India Corporation (DIC) within the Ministry of Electronics and Information Technology (MeitY), to improve access to investor education, financial information and SEBI services in regional Indian languages.
- The MoU was formally signed by Amitabh Nag, Chief Executive Officer (CEO) of DIBD, and Sandip Pradhan, Whole-Time Member of the SEBI.
About SEBI–BHASHINI MoU:
Integration: The MoU enables SEBI to use BHASHINI’s language translation Application Programming Interfaces (APIs), models and tools to provide its services in regional Indian languages.
Language Tools: The collaboration includes Automatic Speech Recognition (ASR), Text-to-Speech (TTS), Machine Translation and Optical Character Recognition (OCR) to support speech conversion, translation and text extraction.
Securities Market Terminology: The collaboration will enhance BHASHINI’s language models by incorporating securities market-related terms, improving the relevance and accuracy of financial and regulatory translations.
ECONOMY & BUSINESS
IZI Enterprise Secures DRDO Order for Indigenous VANA Multi-Mission UAV Platform
In November 2026, IZI Enterprise, deep-tech drone company, secured an order from the Proof & Experimental Establishment (PXE) of the Defence Research and Development Organisation (DRDO) for the supply and deployment of its indigenous IZI VANA Surveillance Drone platform.
Highlights of the IZI VANA Surveillance Drone Platform:
Applications: It Supports aerial photogrammetry, precision mapping, terrain data collection, surveillance, aerial observation, and optical and thermal imaging for DRDO evaluation.
Capabilities: It enables real-time transmission of aerial video and mission data, precision navigation, autonomous waypoint-based missions, and flight and sensor-data logging for post-mission analysis, and designed to operate in demanding environmental conditions.
Configuration: The platform features high-resolution imaging, Red-Green-Blue (RGB) and Electro-Optical/Infrared (EO/IR) sensors, Global Navigation Satellite System (GNSS) and a Ground Control Station (GCS) for automated mission planning, geofencing and autonomous waypoint navigation.
Deployment: IZI will provide two Directorate General of Civil Aviation (DGCA)-certified pilots for the first year to support flight operations and train personnel, with VANA classified as an Aerial Photogrammetry Platform (Drones) of Indian origin.
About IZI Enterprise: Founded in 2013, IZI is headquartered in Bhopal, Madhya Pradesh (MP), and is founded by Ishan Haydn.
APPOINTMENTS & RESIGNATIONS
Equitas Small Finance Bank Appoints Balaji Nuthalapadi as Interim CEO
In November 2026, Equitas Small Finance Bank (SFB) appointed its whole-Time Director and Executive Director (ED), Balaji Nuthalapadi, as Interim Chief Executive Officer (CEO), following the recommendation of its Nomination and Remuneration Committee and approval by the Board, subject to Reserve Bank of India (RBI) approval.
- The appointment followed the resignation of MD and CEO P. N. Vasudevan on 29 October 2026.
About Balaji Nuthalapadi:
Career: He began his banking career with Citibank in Chennai, Tamil Nadu (TN) in 1997 and gained over 28 years of experience across banking operations, technology and financial services.
Leadership: Served as MD and Head of India Citi Solutions Centers, as well as Head of India Operations and Technology. He also played a key role in expanding and scaling Citi’s global capability hubs in India.
Equitas: Joined Equitas SFB and has been serving as ED – Technology and Operations since March 2025, overseeing key technology and operational functions.
ACQUISITIONS & MERGERS
CCI Approves KMBL’s Acquisition of Deutsche Bank’s Retail and Wealth Management Businesses
On 3 November 2026, the Competition Commission of India (CCI) approved Kotak Mahindra Bank Limited (KMBL)’s proposed acquisition of the retail banking, private banking and wealth management businesses of Germany-based Deutsche Bank Aktiengesellschaft (Deutsche Bank AG) in India.
Key Details of Acquisition:
Transaction Structure: The acquisition will be undertaken as a going concern on a slump sale basis, involving the transfer of the identified business undertaking rather than the purchase of individual assets separately.
Business Coverage: The acquired operations include deposits, loans, investments, insurance and foreign exchange services, while the wealth management segment caters primarily to High-Net-Worth Individuals (HNIs).
Referral Arrangements: The banks, through their affiliates, also plan to establish referral arrangements for customers of the investment advisory and portfolio management services businesses of Deutsche Investments India Private Limited (DIIPL), an indirect wholly owned subsidiary of Deutsche Bank.
SCIENCE & TECHNOLOGY
DRDO Successfully Tests Pralay Quasi-Ballistic Missile off Odisha Coast
On 3 November 2026, the Defence Research and Development Organisation (DRDO) successfully test-fired the Pralay surface-to-surface quasi-ballistic missile at the Integrated Test Range (ITR), Chandipur, Odisha.
- The missile was launched from Launch Complex-3 and successfully engaged two simulated targets located approximately 500 kilometres (km) away.
Highlights of the Pralay Missile:
Manoeuvrability: The missile achieves speed of Mach 5 (approximately 6,174 km/hour, Km/h) and follows a quasi-ballistic trajectory with in-flight manoeuvrability, including during the terminal phase, making interception by enemy air defence systems challenging.
Warhead: It can carry multiple types of warheads to strike various targets with high precision and uses a solid-propellant rocket motor for prolonged ready-to-launch storage and rapid deployment.
Range & Mobility: The missile has an operational range of 150–500 km and can carry payloads weighing 350–1,000 Kilograms (kg), allowing it to accommodate different warhead configurations depending on the selected range and can be launched from road-mobile platforms, offering operational flexibility.
Pakistan Successfully Tests Indigenous Fa’az Air-to-Air Missile
On 3 November 2026, Pakistan successfully conducted the first flight test of its indigenously developed Fa’az air-to-air missile, from a JF-17 Thunder multirole fighter aircraft, to strengthen Pakistan’s domestic missile development, defence manufacturing and self-reliance in air-to-air weapon systems.
About Fa’az Missile Test:
Guidance: The missile features an advanced terminal guidance system designed to track, home in on and engage fast-moving hostile aircraft during the final phase of flight.
Capabilities: According to the Inter-Services Public Relations (ISPR), its extended-range engagement capability is expected to enhance the operational flexibility and defensive and offensive capabilities of the Pakistan Air Force (PAF).
Significance: The indigenous weapon system aims to reduce dependence on imported air-to-air missiles and strengthen Pakistan’s defence self-reliance, particularly during crises.
About Pakistan: Capital – Capital – Islamabad; President – Asif Ali Zardari; Prime Minister (PM) – Mian Muhammad Shehbaz Sharif; Currency – Pakistani Rupee (PKR).
SPORTS
Tammer Boxing Tournament 2026: India Tops with 14 Medals Including 4 Gold
In November 2026, Indian boxers topped the overall medal standings at the 46th International Tammer Boxing Tournament, organised by the Tampere Boxing Association, in Tampere, Finland, from 30 October to 1 November, winning 14 medals (4 gold, 2 silver and 8 bronze).
- The 14-member Indian squad, ranked third in Olympic weight-category bench strength, competed in 10 men’s and 7 women’s categories under World Boxing rules.
Highlights of the 46th International Tammer Boxing Tournament:
Gold: Aarti Dhariyal won gold in the 54 kg category by defeating Scotland’s Stephanie Kernachan (5–0), Ankushita Boro won gold in the 65 kg category by defeating England’s Ella Thompstone (4–1).
- Indian Army (IA) boxers Havildar Arundhati Chaudhary, a Commonwealth Games gold medallist, won gold in the women’s 70 kg category by defeating Ireland’s Evelyn Ivie Igharo (3–2), while Havildar Pawan Bartwal secured gold in the men’s 55 kg category.
Silver: IA boxers Subedar Mohammed Hussamuddin (men’s 60 kg) and Naib Subedar Jaismine Lamboria (women’s 57 kg) secured silver medals.
Bronze: Vivek Meena (men’s 65 kg), Hitesh (men’s 70 kg), Akshay (men’s 80 kg), Bobin Chauhan (men’s 90 kg), Chetan Choudhary (men’s 90+ kg), Disha Patil (women’s 60 kg) and Imroz Khan (women’s 75 kg), IA boxer Havildar Tanu (women’s 51 kg) won bronze medals.
About International Tammer Boxing Tournament: Established in 1977, the annual tournament is held in Tampere, Finland, under the presidency of Henry Forss.
IMPORTANT DAYS
World Tsunami Awareness Day 2026 – November 5
The United Nations (UN), through the United Nations Office for Disaster Risk Reduction (UNDRR), observes World Tsunami Awareness Day (WTAD) annually on 5 November to promote tsunami preparedness, strengthen community resilience and reduce tsunami-related risks.
- 5 November 2026 marks the 11th observance of WTAD
- 2026 Theme: “Be Tsunami Ready: Resilience Starts With You”.
Background:
Declaration: On 22 December 2015, the United Nations General Assembly (UNGA) adopted Resolution A/RES/70/203, designating 5 November as WTAD, following an initiative led by Japan.
First Observance: The first WTAD was observed on 5 November 2016.
2026 Event: On 27 October 2026, an interactive session was organised at the United Nations Conference Centre (UNCC) in Bangkok, Thailand, to promote tsunami awareness and preparedness through educational activities.
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Current Affairs Today (AffairsCloud Today)
| Current Affairs 5 November 2026 |
|---|
| MoRD Notifies Grievance Redressal Rules, for VB-G RAM G Scheme |
| MSDE Partners with Assam to Establish SIIC; Signs LoIs for Two ITI Clusters Under PM-SETU |
| PM Narendra Modi Inaugurates and Lays Foundation Stone of Pune Metro Projects worth around Rs 21,800 Crore |
| India and USA Commence 5th Edition of ‘Exercise Tiger Triump’ in Visakhapatnam, AP |
| NITI Aayog and TEXMiN Sign Joint SoI to Strengthen India’s Critical Minerals Ecosystem |
| Bihar Becomes First Indian State to Introduce Comprehensive Silt Management Policy, 2026 |
| Air Chief Marshal Ashutosh Dixit Introduces ‘VAYU’ Vision to Strengthen the Indian Air Force |
| QS World University Rankings Asia 2027: The University of Hong Kong Tops; IIT Delhi Slips to 66th |
| IRDAI To Implement Four Layer Motor Insurance Structure, Tightens ESOP Norms |
| SEBI Signs MoU with Digital India BHASHINI Division to Expand Regional-Language Services |
| IZI Enterprise Secures DRDO Order for Indigenous VANA Multi-Mission UAV Platform |
| Equitas Small Finance Bank Appoints Balaji Nuthalapadi as Interim CEO |
| CCI Approves KMBL’s Acquisition of Deutsche Bank’s Retail and Wealth Management Businesses |
| DRDO Successfully Tests Pralay Quasi-Ballistic Missile off Odisha Coast |
| Pakistan Successfully Tests Indigenous Fa’az Air-to-Air Missile |
| Tammer Boxing Tournament 2026: India Tops with 14 Medals Including 4 Gold |
| World Tsunami Awareness Day 2026 – November 5 |
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