📰 Daily Current Affairs

📅 31 October 2026 • ✅ 31/10/2026, 4:00:02 pm

1. India made ‘remarkable progress’ in reducing poverty, says World Bank

The World Bank reports that India lifted 496 million people out of poverty since 2011 and reduced extreme poverty to 2.6% by 2023, citing stronger consumption and employment.

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2. Census: door-to-door enumeration from Jan. 25 to Feb. 28

Census 2027’s door-to-door enumeration is scheduled for January 25–February 28 and will include 13 new questions, including on caste, religion and digital literacy.

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3. SC seeks report from ECI on Form 7 misuse charge

The Supreme Court’s scrutiny concerns allegations of misuse of Form 7 in the voter-list process, making it relevant to electoral governance and the Representation of the People Act.

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4. Union Labour Ministry sets up social security boards for unorganised, gig, platform workers

The Labour Ministry constituted two National Social Security Boards for unorganised, gig and platform workers, bringing these workers into India’s formal welfare architecture.

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5. GSLV places next-generation navigation satellite into orbit

ISRO’s GSLV-F18 successfully launched NVS-03, helping restore India’s NavIC constellation; the satellite carries indigenous atomic clocks for critical navigation services.

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6. Centre clears project worth Rs 40,000 cr for 8 next-gen stealth warships

The Cabinet Committee on Security approved a project exceeding Rs 40,000 crore to build eight next-generation corvettes for the Indian Navy, with construction by GRSE and Goa Shipyard and more than 70% indigenous content expected.

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7. Beyond gullibility: Digital arrest scams and the RBI’s new KYC directions

The issue highlights the Supreme Court’s concern over about Rs 800 crore lost in digital-arrest scams and the need for stricter RBI KYC controls and greater bank accountability.

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8. Panel formed to review banking sector, suggest reforms in 6 months

A panel has been formed to examine the Indian banking sector and recommend reforms aimed at improving banks’ global competitiveness, with a six-month timeframe.

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9. CBIC mandates immediate halt on GST arrests

The Central Board of Indirect Taxes and Customs has directed an immediate halt to GST arrests ahead of proposed legal amendments, an important development for tax administration and business compliance.

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10. MoF data: India’s economy projected to grow 7.35% in Q2FY27

The Finance Ministry’s October Monthly Economic Review projects Q2 FY2026–27 GDP growth at 7.35%; GST collections, e-way bills, automobile sales and industrial production were cited as supporting indicators, while crude prices and geopolitical tensions remain risks.

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