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Current Affairs Today 3rd and 4th November 2026 Daily GK Update

Daily Current Affairs 3rd and 4th November 2026 Daily GK Update

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International News

Trump’s party Republican loses US midterm election

  • In the November 3, 2026, U. midterm elections, the Democratic Party won full control of the U.S. Congress, delivering a significant defeat to President Donald Trump and the Republican Party.
  • Democrats gained more than two dozen seats, securing an estimated 258 seats—well over the 218 required for a majority. This positioning puts House Democratic Leader Hakeem Jeffries in line to become the first Black speaker of the House. Democrats seized control of the Senate secured a 54-seat majority.

Banking & Financial

ADB Approves USD 139.55 Million Loan for Urban Development in Puducherry

  • The Asian Development Bank (ADB) Official Press Release details the $139.55 million loan approved on October 30, 2026, for the Puducherry Integrated Urban Livability Improvement Project.
  • This marks ADB’s first direct engagement and infrastructure project in the Union Territory of Puducherry, executed via the Public Works Department (PWD).

Recent Major Loan Agreements by ADB

  • Coastal Resilience in Maharashtra ($42 million – Jun 2026)
  • Skilling and ITI Upgradation ($846 million – Dec 2025)
  • Rooftop Solar Systems ($650 million – Dec 2025)
  • Assam Healthcare ($398.8 million – Dec 2025)
  • Chennai Metro Rail Tranche 2 ($240 million – Dec 2025)
  • Meghalaya Ecotourism ($77 million – Dec 2025)
  • Maharashtra Agricultural Solarization ($500 million – Nov 2025)
  • Indore Metro Rail Project ($190.6 million – Nov 2025)

Upstox gets SEBI licence to offer corporate bonds, joins Groww, Zerodha and Angel One

  • Broking firm Upstox has received approval from the Securities and Exchange Board of India (SEBI) to operate as an Online Bond Platform Provider (OBPP), allowing it to offer corporate bonds directly to investors.
  • With the licence, Upstox joins rivals Groww, Zerodha and Angel One, which have also expanded their offerings into the fixed-income investment segment.

Appointment

IREDA appoints ex-REC executive Jatin Kumar Nayak as CMD

  • Jatin Kumar Nayak has assumed charge as the Chairman & Managing Director of Indian Renewable Energy Development Agency (IREDA).
  • Prior to this appointment, Nayak held the position of Executive Director (Finance) at REC Ltd.
  • He has served as Chief Financial Officer of erstwhile REC Transmission Projects Company Limited, a subsidiary of REC.

Air Marshal Inderpal Singh Walia Appointed as  Next Vice Chief of the IAF

  • Air Marshal Inderpal Singh Walia assumed the appointment of Vice Chief of the Air Staff (VCAS) of the Indian Air Force.
  • He took over from Air Marshal Ashutosh Dixit, who now has assumed charge as 29th IAF chief. He was earlier Air Officer Commanding-in-Chief of Eastern Air Command.

Chiefs of the Indian Armed Forces are:

  • Chief of the Army Staff (COAS): General Upendra Dwivedi
  • Chief of the Naval Staff (CNS): Admiral Krishna Swaminathan
  • Chief of the Air Staff (CAS): Air Chief Marshal Ashutosh Dixit

Award

Prasar Bharati WON ABU Broadcast Engineering Excellence Award 2026

  • Prasar Bharati has brought laurels to India, with Nongmaithem Nandakumar Singh winning the prestigious ABU Broadcast Engineering Excellence Award 2026 for his outstanding contribution to broadcast technology and innovation.
  • The award was presented by the Asia-Pacific Broadcasting Union, or ABU, a regional organisation bringing together around 224 broadcasting and media organisations across 66 countries.

Sport

Nihal Sarin and Koneru Humpy Won Individual Gold at European Chess Club Cup 2026

  • Indian Grandmasters delivered impressive performances at the European Chess Club Cup 2026 in Montenegro, with Nihal Sarin and Koneru Humpy winning individual gold medals in the open and women’s competitions, respectively.
  • Nihal, playing on Board 2 for Novy Bor Chess Club, scored five points from six games, recording four wins and two draws.
  • In the European Chess Club Cup for Women 2026, Grandmaster Koneru Humpy delivered a key performance to help Cercle d’ Echecs de Monte-Carlo win the team championship.

Science

ISRO Successfully Launches NVS-03 Satellite Aboard GSLV-F18 from Sriharikota

  • Indian Space Research Organisation (ISRO) will launch the navigation satellite NVS-03 aboard the GSLV-F18 rocket at 11:51 PM IST tonight. The liftoff will take place from the Second Launch Pad at the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh.
  • This mission marks the 20th flight of India’s Geosynchronous Satellite Launch Vehicle (GSLV). The rocket will deploy the satellite into a Geosynchronous Transfer Orbit (GTO).
  • NVS-03 is the third, second-generation navigation satellite designed to maintain and boost the continuity of the Navigation with Indian Constellation (NavIC) system. To enhance precise positioning, the satellite carries an indigenous atomic clock alongside procured ones.

Important Days

World Cities Day 2026 – October 31

  • The United Nations (UN) established World Cities Day (WCD), which is observed annually on 31 October to promote international cooperation in addressing urbanisation challenges and advancing sustainable urban development worldwide.
  • Theme 2026: “Regenerating the City: Adequate Housing for All.”

Obituary

Eminent painter Jogen Chowdhury passes away at 87

  • Eminent Indian modern painter and former Member of Parliament Jogen Chowdhury passed away at the age of 87.
  • Chowdhury developed an unmistakable visual style defined by fluid ink lines, intricate cross-hatching, and distorted, organic human forms juxtaposed against dark or empty backgrounds. His work blended social satire, human frailty, and deep psychological interiors without ever slipping into.
  • His most celebrated works include Tiger in the Moonlight, Story of Woman, Ganapati, Couple, Nati Binodini, and The Silver
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