Daily Current Affairs 8th-May 2026
NATIONAL AFFAIRS
GST Appellate Tribunal expected to see a sharp rise in appeals as taxpayers rush cases before the June 30 deadline.
National Statistical Office revises the Gross State Value Added base year to 2022–23 for improved state-level economic assessment.
Bombay High Court upholds acquittal of all accused in the Sohrabuddin fake encounter case.
Government school teachers assigned additional responsibilities for Census 2027 preparations.
INTERNATIONAL AFFAIRS
Tensions continue in the Strait of Hormuz amid renewed US–Iran confrontations, raising concerns over global oil supply routes.
United States records a sharp fall in consumer confidence due to inflation and geopolitical uncertainty despite strong job growth data.
European Union agrees to ease certain compliance norms under its Artificial Intelligence regulatory framework.
India urges Bangladesh to strengthen cooperation on the repatriation of illegal migrants.
ECONOMY & BUSINESS
Indian stock markets open lower following renewed Middle East tensions impacting global investor sentiment.
Reserve Bank of India announces a ₹75,000 crore variable rate repo auction to manage surplus liquidity.
Haryana records growth in informal employment while Gujarat witnesses a decline.
SPORTS
Indian women’s recurve archery team defeats South Korea to enter the Archery World Cup final.
IMPORTANT DAYS
8 May observed as World Red Cross Day.
8 May marked as the Time of Remembrance and Reconciliation for Victims of the Second World War.
SCIENCE & HEALTH
United States health authorities raise alert levels due to a hantavirus outbreak, strengthening disease surveillance measures.