Daily Current Affairs 31 October 2026

Sanjay Malhotra, the RBI Governor, and Anuradha Thakur, Department of Economic Affairs (DEA) Secretary, have co-chaired the 2nd BRICS Finance Ministers’ and Central Bank Governors (FMCBG) meeting in Mumbai.

The former alongside Dilma Rousseff, New Development Bank (NDB) President, has inaugurated the BNKP, a centralized digital platform designed to consolidate and share knowledge and best practices from across BRICS Working Groups.

PM Narendra Modi has inaugurated the “Chinmaya Amrit Mahotsav Global Sammelan” at Bharat Mandapam in New Delhi.

The event marked the culmination of year-long celebrations commemorating the 75th anniversary of the Chinmaya Mission, a global spiritual movement founded by Swami Chinmayananda to spread the message of Vedanta and the Bhagavad Gita.

A powerful tropical storm ‘Cyclone Arnab’ has battered the eastern coast of India after making landfall. The system, which emerged in the Bay of Bengal, marks the first named storm of the 2026 North Indian Ocean cyclone season.

The Department of Social Justice and Empowerment has reported that 1.87 lakh candidates have received skill training and 96,162 candidates have secured placements under the ‘PM Dakshata Aur Kushalata Sampanna Hitgrahi (PM-DAKSH)’ Yojana.

The Scheme, launched in 2020, is implemented by 3 corporations under DoSJE: National Scheduled Castes Finance and Development Corporation (NSFDC), National Backward Classes Finance and Development Corporation (NBCFDC), and National Safai Karamcharis Finance and Development Corporation (NSKFDC). Indian citizens aged between 18 and 45 years are eligible to enroll in the scheme.

Donald Tusk, the Prime Minister of Poland, visited India at the invitation of PM Narendra Modi to review the India-Poland Strategic Partnership (2024). Both leaders met at Hyderabad House in New Delhi and endorsed the mid-term review of the Action Plan (2024-2028).

The India-Poland Business Forum was held in New Delhi and Bengaluru to foster business collaboration between the Confederation of Indian Industry (CII) and the Polish Investment and Trade Agency (PAIH). Both nations agreed to double bilateral trade to reach $6 billion by 2030.

Poland joined the Coalition for Disaster Resilient Infrastructure (CDRI). It is to be noted that PM Donald Tusk announced that March 30 will be observed annually as Poland-India Partnership Day, commemorating the establishment of diplomatic relations in 1954.

PB Money has secured an Online Bond Platform Provider (OBPP) licence from SEBI to simplify bond investments and expand access to fixed-income products for retail investors.

The company has partnered with Paisabazaar to allow investors to explore bond offerings and complete transactions via the platform.

The SEBI has introduced a real-time margin waiver framework via an official circular, scheduled to come into force on February 22, 2027. The framework allows clients to utilize the value of shares delivered through Early Pay-in (EPI) towards margin requirements for subsequent buy and sell positions in the cash market.

Under the new rules, Clearing Corporations (CC) will determine the available EPI value on the trade date as the lower of the value of securities for which EPI has been made and the value of securities sold. It is to be noted that if a client squares off their sale position in securities that utilized the EPI benefit, the corresponding EPI value will be removed.

The Headquarters Integrated Defence Staff (HQ IDS) under the Ministry of Defence (MoD) has signed a 5-year MoU with Sarvam AI, an Indian AI company, to develop and deploy indigenous AI applications across the Indian Armed Forces.

The projects under the MoU will be executed by ‘Chanakya’ of Sarvam AI. The initiative incorporates Sarvam 105B, an AI model developed using a Mixture-of-Experts (MoE) architecture that supports 22 Indian languages.

The International Institute of Information Technology Bangalore (IIIT-B) has signed an MoU with Poland-based AGH University of Krakow to collaborate on academics and research in AI, Quantum Technologies, and other emerging fields.

France has confirmed the world’s first human infection of the ‘Shamonda virus’. It is an arbovirus that typically affects livestock and spreads through mosquitoes and midges.

The Assam Cabinet, chaired by CM Himanta Biswa Sarma, has approved an investment proposal of ₹303.69 crore by Weetek Plastic Pvt Ltd, a subsidiary of the Welspun Group, to set up a manufacturing unit in Rangia, Assam.

Additionally, the state government has approved the institution of the Bharat Ratna Dr Bhupen Hazarika National Award, selecting singer Usha Mangeshkar as its inaugural recipient.

Lionel Messi, the Argentine footballer, has been awarded the prestigious Princess of Asturias Sports Award 2026 in Oviedo, Spain. With this recognition, he has become the first footballer to achieve this honour.

India has won 4 medals including 1 gold, 1 silver, and 2 bronze at the World Boxing U19 Championships 2026 held in Budva, Montenegro, finishing joint 7th in the overall medal standings along with Ukraine.

Aditya has won gold in the Men’s 55kg category. Russia topped the medal table with 10 medals (5 gold), followed by Uzbekistan and the USA.

The International Weightlifting Federation (IWF) has announced Ahmedabad, Gujarat, as the host of the 2029 Senior World Weightlifting Championships. This marks the first time India will host the senior event.

The announcement was made following the IWF Executive Board meeting in Ningbo, China. Additionally, the IWF has awarded the 2027 Senior World Weightlifting Championships to Yerevan, Armenia, the 2028 World Youth Championships to Prishtina, Kosovo, and World Junior Championships to Caracas, Venezuela, and the 2030 Senior World Weightlifting Championships to Moscow, Russia.

65th Raising Day of Indo-Tibetan Border Police

Day – October 24

Commemorating – The establishment of the Indo-Tibetan Border Police (ITBP) in 1962

Police Commemoration Day

Day – October 21

Observed since – 1960

Commemorating – The sacrifice of 10 police personnel killed by Chinese troops at Hot Springs, Ladakh in 1959

United Nations Day

Day – October 24

Observed by – UN

Observed since – 1947

Commemorating – The anniversary of the day on which the UN Charter entered into force in 1945