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Daily Current Affairs 27 October 2026

17 News

National

The Ministry of Cooperation has mandated the Multi-State Co-operative Societies (Auditor’s Report) Order, 2026 (MSCARO, 2026) to introduce a standardised and risk-based audit reporting framework.

The framework is designed to strengthen transparency, financial discipline, accountability, and regulatory oversight in Multi-State Cooperative Societies (MSCS). Under this order, auditors are required to report on key financial, administrative, governance, and statutory compliance parameters in a standardized format. The reporting format includes clear Yes/No responses supported by relevant remarks.

Banking

The Pension Fund Regulatory and Development Authority (PFRDA) has launched a unified digital platform named ‘NPS Central’ to streamline enrollment, investments, and account management for National Pension System (NPS) subscribers.

The platform is jointly developed and managed by three Central Recordkeeping Agencies (CRAs): Protean eGov Technologies, KFin Technologies Ltd, and Computer Age Management Services Ltd (CAMS).

Agreements

Reports

According to the 18th Monthly Bulletin of the Periodic Labour Force Survey (PLFS) released by the National Statistical Office for September 2026, India’s overall Labour Force Participation Rate (LFPR) increased by 0.2 percentage points year-on-year to 55.5%, compared to 55.3% in September 2025.

The overall Unemployment Rate (UR) declined by 0.2 percentage points year-on-year to 5.0%. The overall Female LFPR reached 34.6% in September 2026, which is lower than the 34.8% recorded in the previous month.

UNESCO has released its 2026 Global Education Monitoring (GEM) Gender Report titled “Gender equity in access to education” to mark the International Day of the Girl Child (11 October 2026).

The report states that between 2000 and 2024, the share of countries with fewer than nine girls per ten boys enrolled declined from 15% to 2% in primary education, and from 18% to 5% in upper-secondary education.

International

Defence

The Armament Research and Development Establishment (ARDE), a laboratory of the DRDO, has shortlisted SSS Defence and Kalyani Group as Development-cum-Production Partners (DcPPs).

The partnership aims to develop and manufacture the first indigenous 20 mm aviation gun and turret system for the Advanced Light Helicopter (ALH) Mk-IV (Rudra) and Light Combat Helicopter (LCH) Prachand of Hindustan Aeronautics Ltd (HAL).

Science

The Japan Aerospace Exploration Agency (JAXA) has launched an uncrewed spacecraft for the Martian Moons eXploration (MMX) mission onboard an H3 rocket from the Yoshinobu Launch Complex at the Tanegashima Space Center in Japan.

The primary objective of the MMX mission is to collect and return samples from Phobos, a moon of Mars, to Earth. If successful, it will be the world’s first mission to return samples from a Martian moon. The spacecraft is projected to reach Mars in August 2027 and return to Earth in 2031.

The mission is carried out in collaboration with 4 international space agencies: NASA, European Space Agency, National Center for Space Studies (CNES) of France, and German Aerospace Center (DLR). It also carries a small rover named ‘IDEFIX’, developed by CNES and DLR, which will be deployed in early 2029 to orbit Phobos.

State

Appointments

Awards

Reema Nanavaty, the Director of the Self-Employed Women’s Association (SEWA), has received the Hillary Rodham Clinton Award for her contributions to women’s economic empowerment, livelihoods, peace, and security. She was previously honoured with the Padma Shri in 2013 in the field of social work.

Other recipients of the award include Tory Burch (fashion designer and founder of the Tory Burch Foundation) and Muhammad Yunus (Nobel Peace Prize laureate in 2006 and founder of Grameen Bank).

Obituary

Chef Dhamu (Dr K Damodharan), a legendary Tamil culinary maestro and television personality, passed away at the age of 72. He was a recipient of Padma Shri in 2025.

In 2004, he became the first Indian chef to earn a PhD in Hotel Management and Catering Technology from the University of Madras. He also set a Guinness World Record in 2010 for the longest solo cooking marathon by preparing over 617 dishes in 24 hours.

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