Daily Current Affairs

Current Affairs — 5 November 2026

01Banking & Economy

CCI approves Kotak Mahindra Bank's purchase of Deutsche Bank's India retail and wealth businesses

  • The Competition Commission of India (CCI) cleared Kotak Mahindra Bank's acquisition of Deutsche Bank AG's retail banking, private banking and wealth management businesses in India (reported 4 November 2026).
  • The business moves to Kotak as a going concern on a slump sale basis; the two banks signed the definitive agreement in June 2026.
  • Customers of Deutsche Investments India's advisory and portfolio management services will be referred to Kotak's subsidiaries.
Exam point: The CCI is the statutory body under the Competition Act, 2002 that approves mergers and acquisitions ("combinations") above the prescribed size. A slump sale transfers a whole business for a lump-sum price, without valuing each asset separately.

Revise: Banking history of India

02National

Supreme Court: the 24-hour limit to produce an arrested person runs from detention, not from formal arrest

  • A bench of Justices Ujjal Bhuyan and Atul S. Chandurkar ruled on 5 November 2026 that the 24-hour period for producing a person before a magistrate starts when the person's liberty is curtailed.
  • Only the time needed to travel from the place of arrest to the magistrate can be left out. If the limit is breached, the person must be released.
  • Magistrates must record the actual date and time of detention, and detention must also not be unreasonably long within the 24 hours (Section 58, Bharatiya Nagarik Suraksha Sanhita).
Exam point: Article 22(2) of the Constitution gives every arrested person the right to be produced before the nearest magistrate within 24 hours, excluding travel time. The ruling closes the gap between "detention" and "formal arrest".

Revise: Chief Justices of IndiaThe Constitution of India

Amit Shah inaugurates the Martyrs' Memorial of the First War of Independence of 1857 at Ambala

  • Union Home Minister Amit Shah inaugurated the memorial at Ambala Cantonment, Haryana, on 5 November 2026.
  • It was built at a cost of about ₹594 crore on 22 acres and has 22 exhibition galleries.
  • The 1857 uprising began at Meerut on 10 May 1857; the Government of India Act, 1858 ended East India Company rule.
Exam point: Leaders of 1857 often asked: Rani Lakshmibai (Jhansi), Nana Saheb and Tatya Tope (Kanpur), Begum Hazrat Mahal (Lucknow), Kunwar Singh (Arrah).

QS Asia University Rankings 2027: IIT Delhi is India's top university at 66th

  • QS released the rankings on 3 November 2026. The University of Hong Kong is 1st, Peking University 2nd and Tsinghua University 3rd.
  • IIT Delhi is 66th (59th last year), IISc Bengaluru 79th (64th) and IIT Bombay 83rd (71st).
  • India has 325 universities in the list, including 34 new entrants.
Exam point: QS (Quacquarelli Symonds) is a UK-based higher-education analytics firm; its rankings are not an Indian government list (the government's list is NIRF).

03International

The Bahamas becomes the 116th member of the International Solar Alliance

  • The Bahamas joined the International Solar Alliance (ISA) as its 116th member (4 November 2026).
  • The ISA is headquartered in Gurugram, Haryana.
  • It was launched jointly by India and France at the Paris climate conference (COP21) in 2015.
Exam point: ISA membership is open to all UN member countries; its theme is cheap solar energy for sun-rich countries between the Tropics of Cancer and Capricorn.

04Appointments

Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO

  • The bank's board named Balaji Nuthalapadi, a Whole-Time (Executive) Director, as interim CEO; the bank filed this with the exchanges on 3 November 2026.
  • The appointment is subject to approval of the Reserve Bank of India (RBI).
  • The step follows the resignation of MD & CEO P. N. Vasudevan on 29 October 2026.
Exam point: The appointment and remuneration of a private bank's MD & CEO needs RBI approval (Section 35B, Banking Regulation Act, 1949).

Revise: RBI GovernorsBanking history of India

05Science & Defence

Navy receives anti-submarine craft 'Amini' from GRSE

  • Garden Reach Shipbuilders & Engineers (GRSE), Kolkata delivered Amini to the Indian Navy on 5 November 2026 at Kattupalli, Tamil Nadu.
  • It is the fifth of eight Anti-Submarine Warfare Shallow Water Craft (ASW SWC) of the Arnala class, about 77.6 m long, with over 80% indigenous content.
  • GRSE is building these craft under an eight-ship programme for the Navy.
Exam point: ASW SWCs are built for coastal (littoral) waters and replace the older Abhay-class corvettes. GRSE is a defence PSU shipbuilder headquartered in Kolkata.

Revise: Defence chiefs & CDS

06Sports

India beat Japan 4-1 to win a record sixth Asian Champions Trophy

  • India won the men's final at Mohali, Punjab, on 5 November 2026 after Japan scored first through Kazumasa Matsumoto.
  • India's goals came from Shilanand Lakra, Dilpreet Singh, Jugraj Singh and Vivek Sagar Prasad.
  • Earlier titles: 2011, 2016, 2018 (shared), 2023 and 2024.
Exam point: The Asian Champions Trophy is a men's hockey tournament held among Asian teams; the 2026 edition was hosted by India (Punjab).

Revise: Sports: cups & Olympics

Tanvi Patri wins silver in badminton at the Youth Olympics in Dakar

  • Tanvi Patri, aged 15, took silver in the women's singles on 5 November 2026, losing the final to Zhang Yi Xin of China.
  • She is the first Indian woman to win a badminton medal at the Youth Olympic Games.
  • The 2026 Youth Olympics are being held at Dakar, Senegal.
Exam point: The Youth Olympic Games are for athletes aged 14–18; Dakar 2026 is the first Youth Olympics held in Africa.

Revise: Sports: cups & Olympics

07Important Days

World Tsunami Awareness Day — 5 November

  • The UN General Assembly designated 5 November as World Tsunami Awareness Day in December 2015, on a proposal from Japan.
  • It was first observed in 2016; the UN Office for Disaster Risk Reduction (UNDRR) leads it.
  • International Day against Violence and Bullying at School, including Cyberbullying, falls on the first Thursday of November: 5 November in 2026.
Exam point: UNDRR is the UN body for disaster risk reduction (formerly UNISDR) and is based in Geneva.
This day in history · 5 Nov
  • 2013Mangalyaan (Mars Orbiter Mission)
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