Daily Current Affairs 5th Nov 2026
Daily Current Affairs 5th Nov 2026
1. National Current Affairs
Cabinet Approves ₹14,500 Crore Energy Storage Scheme
The Union Cabinet has approved a Viability Gap Funding (VGF) scheme worth ₹14,500 crore to promote large-scale energy storage projects in India.
Total financial support: ₹14,500 crore.
Target storage capacity: 92 GWh.
Implementation period: 2026–27 to 2030–31.
The scheme aims to improve renewable energy integration.
It will support battery storage and pumped-storage hydropower projects.
Important for Exams :
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VGF stands for Viability Gap Funding.
The scheme aims to strengthen India’s renewable energy infrastructure.
VISTAR Scheme Approved to Modernise Statistical System
The Union Cabinet has approved the Viksit Bharat Initiative for Statistical Transformation, Analytics and Research (VISTAR).
The scheme aims to modernise India’s statistical system through digital technologies, improved data collection and advanced analytical tools.
Financial outlay: ₹4,371.10 crore.
Implementation period: 2026–27 to 2030–31.
It will improve the quality and availability of official statistics.
It also includes the proposed 8th Economic Census.
₹2,814 Crore Scheme for Lithium and Nickel Processing
The Union Government has approved a ₹2,814 crore scheme to strengthen domestic processing capacity for critical minerals, particularly lithium and nickel.
The initiative aims to reduce India’s dependence on imported critical minerals and strengthen domestic manufacturing.
These minerals are important for:
Electric vehicle batteries.
Renewable energy storage.
Electronics manufacturing.
Defence equipment.
Advanced industrial technologies.
Fast Track Special Courts Scheme Extended
The Government has extended the Fast Track Special Courts (FTSCs) scheme until 2031.
The scheme aims to ensure speedy trials in cases involving serious crimes, particularly those related to sexual offences and crimes against children.
Its main objective is to reduce the backlog of pending cases and improve access to timely justice.
Social Security Benefits for Gig and Platform Workers
The Government has taken further steps towards strengthening social security coverage for unorganised, gig and platform workers.
The initiative focuses on improving access to welfare benefits and providing institutional support to workers employed in the digital economy.
2. Jammu & Kashmir Current Affairs
AIIMS Awantipora Inauguration
Union Health Minister J. P. Nadda was scheduled to inaugurate AIIMS Awantipora in Pulwama district on 5 November 2026.
Important details :
Location: Awantipora, Pulwama district.
Capacity: 750 beds.
Project cost: More than ₹2,160 crore.
The institution is being developed under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY).
The institute is expected to strengthen advanced healthcare facilities in Kashmir and provide specialised medical services to patients.
J&K Revenue Collection Reaches ₹13,628 Crore
Jammu and Kashmir recorded its own revenue collection of ₹13,628 crore up to October 2026.
Key highlights:
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Overall revenue growth: 14.8%.
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Tax revenue growth: 15.2%.
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Non-tax revenue growth: 13%.
The improvement reflects growth in revenue mobilisation and financial management in the Union Territory.
New Legislative Assembly Complex in Jammu
Chief Minister Omar Abdullah inspected the ongoing construction of the new Legislative Assembly Complex in Jammu.
Important details :
Project cost: ₹208.53 crore.
Building structure: Six levels.
Scheduled completion: 31 October 2027.
The project is expected to strengthen legislative infrastructure in Jammu and Kashmir.
India’s 183rd Seismological Observatory Inaugurated in Kishtwar
Union Minister Dr. Jitendra Singh inaugurated India’s 183rd Seismological Observatory in Kishtwar district of Jammu and Kashmir.
The observatory will help monitor seismic activities and improve earthquake preparedness in the region.
Important points :
Location: Kishtwar, Jammu and Kashmir.
It will transmit real-time seismic data to the National Centre for Seismology.
Jammu and Kashmir now has four seismological observatories.
The facility will support disaster management and earthquake monitoring.
3. Economy and Banking Current Affairs
Indian Stock Market Records Strong Gains
Indian equity markets recorded their biggest single-day gains in approximately seven months on 5 November 2026.
Sensex closed at 79,310.01.
Nifty 50 closed at 24,536.60.
Both major indices gained around 2.4%.
The rally was supported by declining crude oil prices and renewed foreign investor interest.
Indian Rupee Strengthens Against US Dollar
The Indian rupee strengthened against the US dollar on 5 November 2026.
The rupee closed at approximately ₹94.4750 per US dollar, supported by easing crude oil prices and improved investor sentiment.
India to Promote Energy Storage Infrastructure
India is planning measures to encourage state power utilities to adopt energy storage systems.
The initiative aims to improve electricity management by storing surplus renewable energy generated during the day and using it during peak demand periods.
4. International Current Affairs
Western Sahara and United Nations Mission
Western Sahara remained an important international issue following developments concerning the United Nations Mission for the Referendum in Western Sahara (MINURSO).
The mission was established in 1991 to support efforts towards resolving the Western Sahara dispute.
Exam Point: MINURSO is associated with Western Sahara.
Mexico Introduces Restrictions on Mobile Phones in Schools
Mexico has taken steps to restrict the use of mobile phones in schools.
The initiative focuses on reducing distractions in classrooms and improving students’ concentration on academic activities.
International Energy Security and Renewable Power
Energy security and renewable energy storage continued to remain major international policy priorities.
Countries are increasingly investing in battery storage, clean energy infrastructure and technologies to reduce dependence on fossil fuels.
5. Science and Technology
CERT-In AI Security Guidelines
India’s cybersecurity framework continues to focus on emerging risks associated with artificial intelligence.
CERT-In plays an important role in coordinating responses to cybersecurity incidents and strengthening digital security.
Important for Exams :
CERT-In stands for Indian Computer Emergency Response Team.
It functions under the Ministry of Electronics and Information Technology.
Amazon Rainforest Faces Carbon-Emission Concerns
The Amazon rainforest has attracted attention following reports highlighting concerns about its changing role in the global carbon cycle.
The Amazon is one of the world’s most important ecosystems and plays a significant role in biodiversity conservation and climate regulation.
Earthquake Monitoring in Jammu & Kashmir
The expansion of India’s seismological observation network is expected to strengthen earthquake monitoring in vulnerable regions, including Jammu and Kashmir.
Advanced monitoring systems help authorities detect seismic activity and improve disaster preparedness.
Defence Current Affairs
1. India-Singapore SIMBEX 2026
The 33rd edition of the India-Singapore bilateral naval exercise SIMBEX 2026 was held in India.
The exercise aims to improve maritime cooperation, operational coordination and defence relations between the two countries.
Important for Exams :
SIMBEX is a bilateral naval exercise.
Participating countries: India and Singapore.
Indian Navy’s Project 18
Project 18 is aimed at developing next-generation stealth guided-missile destroyers for the Indian Navy.
The project is expected to strengthen India’s maritime security and naval combat capabilities.
Defence Acquisition Council Approvals
The Defence Acquisition Council cleared capital acquisition proposals worth approximately ₹2.12 lakh crore.
The approvals are aimed at strengthening India’s defence preparedness and modernising the armed forces.
7. Sports Current Affairs
India Wins Historic Wushu Bronze
Indian athlete Rajkumari Chanu achieved an important milestone by winning India’s maiden Wushu bronze medal at the Youth Olympic Games.
The achievement marks a significant moment for Indian martial arts.
Khelo India Sports Development
The promotion of sports infrastructure and indigenous sports manufacturing remains an important part of India’s sports development initiatives.
The Khelo India programme aims to identify young sporting talent and improve opportunities for athletes across the country.
8. Important Days – 5 November
World Tsunami Awareness Day: Observed on 5 November every year.
The day aims to raise awareness about tsunami risks and promote disaster preparedness.
9. Important One-Liners for Competitive Exams
What is the full form of VISTAR? – Viksit Bharat Initiative for Statistical Transformation, Analytics and Research.
What is the approved outlay of the VISTAR scheme? – ₹4,371.10 crore.
How much financial support has been approved for the energy storage scheme? – ₹14,500 crore.
What is the targeted energy storage capacity under the scheme? – 92 GWh.
Which minerals are covered under the ₹2,814 crore processing scheme? – Lithium and Nickel.
Where is AIIMS Awantipora located? – Pulwama district, Jammu and Kashmir.
What is the bed capacity of AIIMS Awantipora? – 750 beds.
Who inaugurated the seismological observatory in Kishtwar? – Dr. Jitendra Singh.
What is the full form of SIMBEX? – Singapore-India Maritime Bilateral Exercise.
Which two countries participate in SIMBEX? – India and Singapore.
What is the full form of CERT-In? – Indian Computer Emergency Response Team.
Which organisation monitors seismic activities in India? – National Centre for Seismology.
Which country announced restrictions on mobile phones in schools? – Mexico.
What is the full form of MINURSO? – United Nations Mission for the Referendum in Western Sahara.
When is World Tsunami Awareness Day observed? – 5 November.