Current Affairs 4 November 2026

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NATIONAL AFFAIRS

MoCA Notifies Bharatiya Vayuyan Niyam, 2026 to Replace Aircraft Rules, 1937
In October 2026, the Ministry of Civil Aviation (MoCA) notified the ‘Bharatiya Vayuyan Niyam, 2026’, in the Gazette of India, replacing the nearly nine-decade-old Aircraft Rules, 1937, to modernise India’s civil aviation regulatory framework. 

• The new rules will come into effect on 1 January 2027, introducing a consolidated regulatory framework for aircraft registration, safety certification, maintenance, flight operations, personnel licensing, airline tariffs and airport operations. 

Key Provisions of Bharatiya Vayuyan Niyam, 2026:
Framework: The rules are framed under the Bharatiya Vayuyan Adhiniyam, 2024, which establishes the regulatory framework for India’s civil aviation sector.
Certification: Prescribes requirements for aircraft registration, airworthiness certification, design approval, manufacturing, modifications and repairs.
Maintenance: Mandates regular aircraft inspections and maintenance to ensure continued airworthiness and compliance with safety standards.
Licensing: Specifies qualification, training, examination, experience and medical fitness requirements for pilots, aircraft maintenance engineers and air traffic controllers, along with licence renewal, suspension and cancellation conditions. 

MoD Signs Rs. 53,866.50 Crore Contracts for Eight Next Generation Corvettes for Indian Navy
In November 2026, the Ministry of Defence (MoD) signed contracts worth Rs. 53,866.50 Crore with Garden Reach Shipbuilders & Engineers Limited (GRSE) and Goa Shipyard Limited (GSL) for the construction of 8 Next Generation Corvettes (NGCs) for the Indian Navy (IN), to enhance the IN’s maritime capabilities and promote indigenous warship manufacturing.

• The contracts were signed in the presence of Rajesh Kumar Singh, Secretary of MoD, at Kartavya Bhawan-2, New Delhi, Delhi.

Highlights of the NGC Project for the Indian Navy:
Shipbuilding: GRSE will construct five corvettes, while GSL will construct the remaining three.
Indigenous Design: The project marks the 1st project in which warships will be indigenously designed by the IN and constructed by Defence Public Sector Undertakings (DPSUs) selected through a competitive process.
Capabilities: Equipped with state-of-the-art capabilities including advanced missiles, weapons and sensor suites, the NGCs will operate across air, surface and sub-surface domains, undertaking maritime trade route protection, anti-surface and anti-submarine warfare, coastal defence, littoral combat, maritime presence and surveillance missions.

MoPR Signs MoU with CESL to Promote EV Infrastructure Across Panchayats
In October 2026, the Ministry of Panchayati Raj (MoPR) signed a Memorandum of Understanding (MoU) with Convergence Energy Services Limited (CESL) to develop Electric Vehicle (EV) charging and battery swapping infrastructure on Panchayat-owned land across India. 

• The MoU was exchanged by Smt. Mukta Shekhar, Joint Secretary, MoPR andAkhilesh Kumar Dixit, Director of CESL during the National Workshop on People’s Plan Campaign (PPC) 2026–27 in New Delhi,Delhi in the presence of Union Minister Rajiv Ranjan Singh (Lalan Singh), MoPR.

Highlights of the MoU:
Focus: The initiative focuses on promoting rural clean mobility and strengthening the financial sustainability of Gram, Block and District Panchayats through additional Own Source Revenue (OSR) generation.
EV Infrastructure: The proposed facilities will support two-wheelers(2W), three-wheelers(3W), four-wheelers(4W), and medium and heavy-duty vehicles, expanding rural EV charging infrastructure.
Implementation: The MoPR will coordinate with State Panchayati Raj Departments to identify and monitor suitable sites, while CESL will handle site assessment, installation, commissioning, operation and maintenance of the EV facilities.
About CESL: Incorporated in 2020, CESL is a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), under the Ministry of Power (MoP) headquartered in New Delhi. 

Union MoS Dr Jitendra Singh Inaugurates 183rd Seismological Observatory in Kishtwar, J&K
In November 2026, Union Minister of State (MoS) (Independent Charge (IC)) Dr. Jitendra Singh, Ministry of Earth Sciences (MoES) inaugurated 183rd Seismological Observatory in Kishtwar, Jammu & Kashmir (J&K) to transmit real-time seismic data to the National Centre for Seismology (NCS), New Delhi, Delhi to strengthen earthquake monitoring and disaster preparedness in the high seismic zone.

• With this, J&K now has four observatories, located in Jammu, Srinagar, Udhampur and Kishtwar.

About Seismological Observatory at Kishtwar:
Features: The observatory uses advanced digital seismic equipment, replacing analogue systems, to monitor regional earthquake hazards, support emergency response and guide safer infrastructure planning in earthquake-prone areas.
Expansion: MoES plans to establish 100 additional Seismological Observatories nationwide, including four each in J&K and Ladakh, to enhance earthquake detection capacity from magnitude 3 and above to magnitude 2.5 and above
Expansion: Four additional Doppler Weather Radars (DWRs) are scheduled to be commissioned in 2027 at Doda, Kishtwar, Anantnag and Baramulla, strengthening weather surveillance and expanding coverage across J&K.
Dissemination: MoES disseminates earthquake-related information through digital platforms, including the National Centre for Seismology (NCS) website, Bhookamp mobile application, Short Message Service (SMS) and email alerts, and social media platforms.

Union Minister Rajiv Ranjan Singh Announces CoE for for Siri Cattle Conservation in Sikkim
In November 2026, Union Minister Rajiv Ranjan Singh, Ministry of Fisheries, Animal Husbandry and Dairying (MoFAH&D) and Ministry of Panchayati Raj (MoPR), announced the establishment of a Centre of Excellence (CoE) for the conservation and development of Sikkim’s indigenous Siri cattle breed.

• He also digitally launched the North District Cooperative Milk Producers’ Union Ltd. (NDMU) under White Revolution 2.0 and initiated programmes to strengthen dairy development, livestock productivity and farmers’ livelihoods.

About CoE for Siri Cattle Conservation:
Framework: To conserve and develop the indigenous Siri cattle breed, using In Vitro Fertilisation (IVF) technology to accelerate genetic improvement and multiply superior germplasm.
Focus: A comprehensive plan will focus on breed improvement, genetic conservation, scientific breeding practices, preservation of indigenous genetic resources and the adoption of modern reproductive technologies.
Other Launches:

• Conservation Programme: Union Minister Rajiv Ranjan Singh digitally launched the programme to preserve indigenous bovine genetic resources and promote sustainable livestock development. 
• Pig Breeding Protocols: He launched a publication titled “Minimum Standard Protocol for Semen Production and Standard Operating Procedures for Artificial Insemination Using Liquid Semen in Pigs”, aimed at improving scientific breeding and livestock productivity

INTERNATIONAL AFFAIRS

Overview of COP17 to CBD Held from October 19 to 31, 2026 in Armenia
The 17th Conference of the Parties (CoP17) to the United Nations(UN) Convention on Biological Diversity (CBD) was held at the Meridian Expo and Event Centre in Yerevan, Armenia, under the theme “Taking Action for Nature.” 

• COP17, presided over by Hambardzum Matevosyan, the Minister of Environment of the Republic of Armenia, adopted nearly 50 decisions to strengthen biodiversity conservation and implement the Kunming–Montreal Global Biodiversity Framework (KMGBF). 

About CBD COP17:
Indian Representation: Union Minister Bhupender Yadav, Ministry of Environment, Forest and Climate Change (MoEFCC), led the Indian delegation at COP17 to CBD, reaffirming India’s commitment to biodiversity conservation and highlighting its updated National Biodiversity Strategy and Action Plan (NBSAP), comprising 23 national targets and 142 indicators.
Logo: This year’s conference logo was inspired by “Polymmatus eriwanensis(Eriwan Blue)”, a butterfly species endemic to Armenia, featuring 23 colors, which correspond to the 23 action targets of the KMGBF.
Next Host: During the closing plenary session of the conference, Quito, the capital city of Ecuador has been selected to host the CoP18 to CBD in 2028.
Key Outcomes: COP17 adopted the Yerevan Pathway to accelerate KMGBF implementation by 2030 and nearly 50 decisions on biodiversity conservation. It announced approximately USD 2 billion in funding commitments and adopted the Sevan Guidelines, alongside initiatives such as a biodiversity bond, investment incubator and proposed forest law.

Overview of 20th ADMM and 13th ADMM-Plus 2026 Held in Cebu, Philippines
The 20th Association of Southeast Asian Nations (ASEAN) Defence Ministers’ Meeting (ADMM) and 13th ADMM-Plus were held on 28 and 29 October 2026, respectively, under the ASEAN 2026 theme “Navigating Our Future, Together” at the Mactan Expo Center in Cebu, the Philippines.

• The meetings brought together ASEAN defence ministers and eight dialogue partners to strengthen regional defence and security cooperation.

Key Highlights:
Chairmanship: The meetings were chaired by Gilberto C. Teodoro Jr., Secretary of the Department of National Defense (DND), Philippines.
Indian Representation: Union Minister Rajnath Singh, Ministry of Defence (MoD), represented India and proposed establishing an India–ASEAN Youth Bridge to promote people-to-people connectivity, digital innovation and capacity building in defence cooperation.
India co-chairs EWG on Counter-terrorism: India and Malaysia co-chaired the ADMM-Plus Experts’ Working Group (EWG) on Counter-Terrorism for the 2024–2027 cycle, with India reaffirming its commitment to regional security and sharing counter-terrorism expertise.
Key Outcome: ASEAN defence ministers issued a Joint Statement on Youth, Peace and Security, commemorating the 50th anniversary of the Treaty of Amity and Cooperation (TAC) in Southeast Asia.

BANKING & FINANCE

SEBI Issues Framework To Issue DRs of REITs and InvITs at GIFT City, Reduces OFS Cooling-off period
In November 2026, the Securities and Exchange Board of India (SEBI) issued frameworks allowing Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), to issue Depository Receipts (DRs) backed by their units and list them on exchanges at the Gujarat International Finance Tec-City (GIFT City), Gandhinagar, Gujarat. 

• The SEBI also reduced the Offer for Sale (OFS) cooling-off period from twelve weeks to eight weeks for illiquid private listed InvITs.

REITs and InvITs DRs Issuance:
 Depository Receipts: DRs are foreign currency-denominated instruments issued by a foreign depository against underlying units deposited with a domestic custodian.
Permitted Exchanges: The permitted exchanges are:

• India International Exchange (India INX)
• National Stock Exchange (NSE) International Exchange (INX)

Unitholders Approval: Fresh issue of DRs will require prior approval from unitholders, with at least 75% of the total votes cast in favour of resolution.

Fibe Launches UPI Payments Segment after NPCI Grants TPAP Approval
In November 2026, Fibe (formerly known as EarlySalary), digital lending platform, launched Unified Payments Interface (UPI) payments on its application (app) after receiving the Third-Party Application Provider (TPAP) approval from the National Payments Corporation of India (NPCI).

• TPAP authorization will now enable the company to offer UPI payments directly through its own app.

About Fibe’s UPI Payment Services:
Applicability: With the approval, consumers across India (including those who do not borrow from Fibe) can now avail the UPI service.
Key Offerings: Through the new service, the users can now pay from their bank accounts; use RuPay credit cards; tag eligible credit lines linked to UPI ; and join without being a borrower.
TPAP: It is a non-bank entity authorised by NPCI to offer UPI payment services through its application in partnership with Payment Service Provider (PSP) banks.
About Fibe: The company was initially established with the brand name EarlySalary in 2015 and was later renamed as “Fibe” in 2022. It is headquartered in Pune, Maharashtra.

Razorpay Receives Final PSP Licence from IFSCA to Operate from GIFT City
In November 2026, Razorpay Payments Private Limited received the final Payment Service Provider (PSP) licence from the International Financial Services Centres Authority (IFSCA) to operate from Gujarat International Finance Tec-City (GIFT City), Gandhinagar (Gujarat).

• Prior to receiving the final authorization, the fintech company secured the in-principle approval in April 2026.

Key Details:
Significance: The licence will enable the company to support international collections, settlements, global investments and multi-currency transactions through its GIFT City-based infrastructure.

• In addition, the company will enable Indian investment and wealth platforms to offer overseas equities through a single compliant infrastructure, in line with Foreign Exchange Management Act (FEMA) and GIFT City regulations.

Banking Partners: Razorpay’s banking integrations with RBL Bank Limited and ICICI Bank Limited are already live on the network. The company further plans to add more banking partners in the coming months.
Existing RBI Approvals: Razorpay also holds approvals from the Reserve Bank of India (RBI) for online, offline and cross-border payment services.
About Razorpay: Founded in 2014 and headquartered in Bengaluru, Karnataka, Razorpay is an Indian financial technology (fintech) company providing digital payments, payment processing and business financial solutions.

AWARDS & RECOGNITIONS

Ministry of Coal Presents Star Rating Awards for FY25, Recognising 50 Five-Star Coal and Lignite Mines in Raipur, Chhattisgarh
On 2 November 2026, the Ministry of Coal organised the Annual Star Rating Awards Ceremony in Raipur, Chhattisgarh, recognising excellence in coal and lignite mining, with 50 mines receiving Five-Star Ratings for Financial Year 2024–25 (FY25), including 10 top-performing mines securing first, second and third positions with scores exceeding 93%.
About Five-Star Ratings:
Opencast: Northern Coalfields Limited (NCL) and National Thermal Power Corporation (NTPC) secured the First Prize in the Opencast category.
Underground: Singareni Collieries Company Limited (SCCL) secured the First Prize in the Underground category, with Union Minister Satish Chandra Dubey presenting the award to SCCL Chairman and Managing Director (MD) Buddhaprakash Jyoti.

• The five award-winning mines were RKNT and RK-6 Incline in Srirampur Area, JVR OC-2 in Sattupalli Area, Khairigura OC in Bellampalli Area, and RGOC-1 in Ramagundam-3 Area.    

Appreciation: Western Coalfields Limited (WCL) received special appreciation for recording the highest number of Five-Star Rated mines among Coal India subsidiaries.
Performance: Northern Coalfields Limited (NCL) and Mahanadi Coalfields Limited (MCL) were appreciated for consistently maintaining high performance in Star Rating evaluations and production.

ACQUISITIONS & MERGERS

CCI Approves Five Major Deals Across Food, Energy, Power, Fintech and Telecom Sectors
In October 2026, the Competition Commission of India (CCI) approved five major proposed transactions across the food services, renewable energy (RE), power infrastructure, financial services and telecommunications sectors.
Highlights of the Five Approved Transactions:
Food Services:  CCI approved the merger of Sapphire Foods India Limited with Devyani International Limited, combining their Kentucky Fried Chicken (KFC) and Pizza Hut businesses.
Renewable Energy: CCI cleared Aditya Birla Renewables Limited’s proposed acquisition of 100% of Solenergi Power Private Limited from Shell Overseas Investment B.V.
Power Infrastructure: CCI approved Adani Energy Solutions Limited’s proposed acquisition of 100% of IntelliSmart Infrastructure Private Limited for Rs. 3,050 crore from the National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL).
Financial Services: CCI approved acquisition of a certain shareholding by MIH Payments Holdings B.V., an indirect wholly owned subsidiary of Prosus N.V. in Navi Limited, founded by Sachin Bansal.
Telecommunications: French company Vega SAS received approval to acquire a 16.2% stake in Vodafone Group PLC, which operates telecommunications businesses across Europe and Africa and has a presence in India through Vodafone Idea Limited.

SPORTS

Mexico City Grand Prix 2026: Verstappen Wins, Antonelli Clinches Maiden Title
In November 2026, Max Verstappen, a Dutch Formula One (F1) driver representing Red Bull Racing, won the 2026 Mexico City Grand Prix (GP), the 19th round of the 2026 F1 World Championship (23 total rounds), held on 1 November 2026 at the Autódromo Hermanos Rodríguez in Mexico City, Mexico. 

• The 2026 Mexico City GP marked the 26th edition of the race and the sixth held under the name Mexico City Grand Prix.
• Andrea Kimi Antonelli of Italy, representing Mercedes, clinched his maiden F1 World Drivers’ Championship at 20 years and 68 days, becoming the youngest-ever champion with 380 points despite finishing third in the race, breaking Sebastian Vettel’s previous record of 23 years and 134 days, set in 2010.

About Mexico City Grand Prix 2026:
Performance: Max Verstappen finished 0.799 seconds ahead of Lewis Hamilton of Scuderia Ferrari with a race time of 2:20:28.772.
Podium: Lewis Hamilton of Scuderia Ferrari finished second and Andrea Kimi Antonelli of Mercedes AMG Petronas F1 finished third.
Milestone: Antonelli became the third Italian driver to win the F1 World Drivers’ Championship, after Giuseppe Farina and Alberto Ascari, ending Italy’s 73-year wait since Ascari’s 1953 title.

Indian shuttlers Lakshya Sen and PV Sindhu Win Singles Titles at HYLO Open 2026 in Germany
Indian shuttlers Lakshya Sen and P. V. Sindhu won the men’s and women’s singles titles, respectively, at the Hylo Open 2026, a Badminton World Federation (BWF) Super 500 tournament held in Saarbrücken, Germany, on 27 October – 1 November 2026, with straight-game victories in their finals. 

• Second-seeded Sindhu defeated Denmark’s eighth-seeded and world No. 25 Line Højmark Kjærsfeldt 21–12, 21–14, while seventh-seeded Sen defeated defending champion and world No. 6 Jonatan Christie of Indonesia 21–17, 21–10, with both finals lasting 39 minutes. 

About Hylo Open 2026:
Singles: P. V. Sindhu became the first Indian woman to win the Hylo Open women’s singles title, securing her second BWF World Tour title of the season and increasing her career tally to seven.

• Lakshya Sen claimed his second men’s singles title (after 2019), becoming the first Indian to win the Hylo Open men’s singles title twice and earning his first BWF World Tour title of 2026.  

Prize money: The tournament featured a total prize pool of USD 500,000, with the singles champion receiving USD 37,500 and the doubles champion receiving USD 39,500.

Australian All-Rounder Glenn Maxwell Retires from International Cricket After 14-Year Career
In November 2026, Australian all-rounder Glenn Maxwell announced his retirement from international cricket, concluding a 14-year career with his final international appearance coming against Oman in Australia’s concluding match of the International Cricket Council (ICC) Men’s Twenty20 (T20) World Cup 2026 in February 2026.

• Maxwell, who retired from One-Day International (ODI) cricket in June 2025, also retired from first-class and List A cricket but will continue playing franchise T20 cricket for Melbourne Stars in the Big Bash League (BBL).  

About Glenn Maxwell:
Statistics: Maxwell represented Australia in 149 ODIs, scoring 3,990 runs at a strike rate of 126.7, and 130 Twenty20 Internationals (T20Is), scoring 2,897 runs at a strike rate of 154.42, claiming 51 wickets and 5 centuries, including a highest score of 145 not out against Sri Lanka in 2016, jointly holding the record for most T20I centuries with India’s Rohit Sharma.  

• In 7 Test matches, he scored 339 runs, with a highest score of 104 against India in Ranchi in 2017, taking his overall international tally to 10 centuries and 136 wickets. 

World Cups: He won two ICC Men’s Cricket World Cups (2015 and 2023) and the ICC Men’s T20 World Cup (2021), scoring the winning runs in the 2021 final against New Zealand and an unbeaten 201 against Afghanistan in the 2023 ODI World Cup while chasing 292 runs and rescuing Australia from 91/7.
Titles: Maxwell won four Sheffield Shield titles (2014–15, 2015–16, 2016–17 and 2018–19), the County Championship (2015), the Indian Premier League (IPL) title (2013) and Major League Cricket (MLC) title (2024).
Awards: He received Cricket Australia’s Men’s One-Day International Player of the Year award (2016), Twenty20 International Player of the Year awards (2016 and 2019), and Big Bash League Player of the Series award (2024–25).   

OBITUARY

Eminent Neurosurgeon and Padma Shri Awardee Dr. Ashok Kumar Mahapatra Passed Away at 74
In November 2026, eminent neurosurgeon and Padma Shri awardee Professor Dr. Ashok Kumar Mahapatra passed away in New Delhi, Delhi at the age of 74. He was born on 29 December 1952 in Puri, Odisha. 

• He was conferred the Padma Shri, India’s fourth-highest civilian award in 2025 for his contributions to the field of medicine. 

About Dr. Ashok Kumar Mahapatra:
Career: He headed the Department of Neurosurgery at All India Institute of Medical Sciences (AIIMS), New Delhi, Delhi and served as the founding Director of  AIIMS Bhubaneswar, Odisha (2012–2016) and Director of Sanjay Gandhi Postgraduate Institute of Medical Sciences (SGPGIMS), Lucknow, Uttar Pradesh (UP) (2006–2009). 

• He also served as Vice-Chancellor of Siksha ‘O’ Anusandhan (SOA) University, Bhubaneswar, Odisha (2020–2022), and later as its medical advisor. 

Landmark Surgery: In 2017, he led a multidisciplinary team at AIIMS, New Delhi, Delhi in a historic 16-hour operation to separate conjoined craniopagus twins, Jaga and Balia, from Odisha. Both children survived the surgery, which was considered the first of its kind in India.
Awards:  He received the C. V. Raman Award for Scientific Excellence (2022), in recognition of his outstanding contributions to scientific research and excellence in the field of medical science.

IMPORTANT DAYS

International Day for Biosphere Reserves 2026 – November 3
The United Nations Educational, Scientific and Cultural Organization (UNESCO) observes the International Day for Biosphere Reserves(BR) or World Biosphere Reserve Day globally every year on 3 November to promote biodiversity conservation and sustainable development.

• November 3, 2026 marks the observance of the 5th International Day for BR.

Background:
Proposal: At the request of Spain and Uruguay, the UNESCO Executive Board, at its 211th session, recommended proclaiming 3 November as the International Day for BR.
Proclamation: In 2021, the 41st session of the UNESCO General Conference adopted Resolution 41 C/37, officially proclaiming 3 November as the International Day for Biosphere Reserves.
First Observance: The first observance took place on 3 November 2022.
Coverage: The World Network of Biosphere Reserves (WNBR) comprises 797 sites across 145 countries as of 2026. These reserves span approximately 7.5 million square kilometres(sq km), accounting for over 5% of Earth’s land surface. 

• India has 18 notified BRs covering approximately 91,425 square kilometres (sq. km), of which 13 are recognised under UNESCO’s World Network of Biosphere Reserves (WNBR), the highest number in South Asia.

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