Daily Current Affairs 4th-May 2026

NATIONAL AFFAIRS :

India allowed 100% foreign direct investment in the insurance sector under the automatic route to boost capital inflows and competition.

The Citizenship (Amendment) Rules, 2026 were notified to streamline and digitise the Overseas Citizen of India application process.

Mission Drishti, the world’s first OptoSAR satellite developed by Indian private space startup GalaxEye, was successfully launched.

Sikkim became the first Indian state to implement a completely paperless judicial system across all courts.

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Fire Safety Week in hospitals was observed nationwide from 4 to 10 May to enhance emergency preparedness in healthcare institutions.

INTERNATIONAL AFFAIRS
Singapore and New Zealand signed a critical goods supply chain agreement to ensure uninterrupted flow of essential commodities during crises.
The India–Cambodia joint military exercise CINBAX-II 2026 commenced to strengthen bilateral defence cooperation and interoperability.

ECONOMY AND POLICY
The Monthly Economic Review for April 2026 highlighted fiscal stress risks for Indian states with high debt and persistent revenue deficits.

HEALTH AND SOCIAL SECTOR
New national guidelines for childhood diabetes management were released to integrate diabetes care into public health services.

SCIENCE AND TECHNOLOGY
India’s private space sector achieved a major milestone with the successful deployment of advanced imaging satellite technology using OptoSAR sensors.

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