Daily Current Affairs 29 Oct 2026
Daily Current Affairs 29 Oct 2026
National Current Affairs
1. Cabinet Approves Pradhan Mantri Viksit Gram Swaraj Yojana
The Union Cabinet approved the Pradhan Mantri Viksit Gram Swaraj Yojana for 2026–27 to 2030–31. The scheme aims to strengthen grassroots governance, improve the functioning of Gram Panchayats and support the vision of Viksit Bharat.
2. Cabinet Clears Khelo India Sports Goods Manufacturing Scheme
The Union Cabinet approved a scheme to strengthen India’s sports goods manufacturing industry. It aims to encourage domestic production, improve competitiveness and reduce dependence on imported sports equipment.
3. India’s Economy Projected to Grow at 7.3%
India’s Finance Ministry projected economic growth of 7.3% for the financial year 2026–27. The assessment also highlighted inflation-related risks that could affect the economic outlook.
4. Supreme Court Discusses Retirement Age of Judicial Officers
The Supreme Court expressed satisfaction that 14 states had agreed to increase the retirement age of district judicial officers from 60 to 62 years. The issue is significant for judicial administration and service conditions.
5. Flex-Fuel Vehicles to Support Ethanol Adoption
The Ministry of Road Transport and Highways notified amendments to the Central Motor Vehicles Rules concerning flex-fuel vehicles designed and certified to operate on ethanol blends up to E100. The move is intended to support alternative fuels and reduce dependence on conventional petroleum fuels.
Jammu and Kashmir Current Affairs
6. Omar Abdullah Expands J&K Council of Ministers
Jammu and Kashmir Chief Minister Omar Abdullah expanded the Council of Ministers by inducting four legislators from the National Conference. The development is an important update for J&K polity and governance.
7. New Chief Secretary Appointment in Jammu and Kashmir
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Sajjan Singh Yadav, a 1995-batch IAS officer of the AGMUT cadre, has been appointed the next Chief Secretary of Jammu and Kashmir. His appointment is scheduled to take effect from 1 November 2026, or the date he assumes charge, whichever is later.
Economy and Banking
8. SBI Inaugurates Cybersecurity Centre of Excellence
The State Bank of India inaugurated its Cybersecurity Centre of Excellence, known as CyRIS, in Mumbai on 26 October 2026. The initiative aims to strengthen cybersecurity capabilities and address emerging digital threats.
9. PhonePe Launches Tatkal NPS Facility
PhonePe introduced the Tatkal NPS facility, allowing users to open a National Pension System account digitally with an initial contribution starting at ₹250. The initiative aims to make retirement savings more accessible.
10. SEBI Introduces a Real-Time Margin Waiver Framework
The Securities and Exchange Board of India introduced a framework allowing eligible clients to use the value of shares delivered through Early Pay-in towards margin requirements for subsequent cash-market transactions.
International Current Affairs
11. Greece Approves Social Media Restrictions for Children
Greece’s Parliament approved legislation to restrict social media use by children under 15. The development highlights growing international concerns regarding children’s online safety and digital wellbeing.
12. India and Canada Strengthen Trade Cooperation
India and Canada announced new commercial agreements, partnerships and investment outcomes as part of a Canadian trade mission. The announced outcomes were estimated to be worth nearly $300 million.
Science, Technology and Environment
13. ISRO to Launch Navigation Satellite NVS-03
India’s space programme has another important navigation milestone with the planned launch of NVS-03. The satellite is part of the Navigation with Indian Constellation (NavIC) system, which provides positioning and timing services.
14. Cyclone Arnab Affects India’s Eastern Coast
Cyclone Arnab crossed the Andhra Pradesh coast, bringing strong winds and heavy rainfall. The weather system caused disruptions and damage in affected areas, highlighting the importance of cyclone preparedness and disaster management.
Important One-Liner Questions for JKSSB, JKPSC and UPSC
Which scheme was approved to strengthen grassroots governance? — Pradhan Mantri Viksit Gram Swaraj Yojana.
What economic growth rate did the Finance Ministry project for FY 2026–27? — 7.3%.
Which bank inaugurated CyRIS? — State Bank of India.
What is the full form of NPS? — National Pension System.
Which organisation regulates India’s securities market? — Securities and Exchange Board of India (SEBI).
What does NavIC stand for? — Navigation with Indian Constellation.
Which ministry notified amendments concerning flex-fuel vehicles? — Ministry of Road Transport and Highways.
What is the proposed retirement age for district judicial officers under the discussed change? — 62 years.