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Daily Current Affairs 5th May 2026 Daily GK Update
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National News
7-Year-Old Ishank Singh Becomes Youngest to Cross Palk Strait
- Seven-year-old Ishank Singh from Ranchi became the youngest swimmer to cross the Palk Strait, covering a 29-km distance.
- He completed the swim from Talaimannar to Dhanushkodi in 9 hours 50 minutes, setting a record for his age group.
- His achievement under “Mission Samandar” was officially recognised by the Universal Records Forum.
International News
India Ranks 157th in 2026 World Press Freedom Index, Falls Six Places
- India ranked 157th out of 180 countries in the 2026 World Press Freedom Index, released by Reporters Without Borders, and was placed in the “very serious” category.
- India’s rank fell from 151 in 2025 to 157 in 2026, though it improved compared to its 159th position in 2024.
- Norway topped the index for the 10th consecutive year, while Eritrea ranked last for the third straight year.
- The index evaluates countries based on factors like media independence, pluralism, legal framework, transparency, safety, and self-censorship.
Recent index
- World Happiness Report 2026 – India at 116th; Topped by Finland; Bottom most Afghanistan 147th
- Corruption Perceptions Index 2025 – India (91st); Denamrk (1st), Finland (2nd), Singapore (3rd)
- Henley Passport Index 2026 – 1st Singapore; 2nd Japan and South Korea; 80th India
- World’s Strongest Passport for 2025 – 1st UAE, 2nd Singapore and Spain, 67th India
India Tops Representation in THE Asia University Rankings 2026; IISc Bengaluru Ranks 43rd
- The Times Higher Education (THE) Asia University Rankings 2026 evaluated 929 universities across 36 countries, with China dominating the top positions.
- India is the most-represented nation with 128 institutions, followed by Japan (115) and Turkey (109).
- Indian Institute of Science (IISc Bengaluru) is the highest-ranked Indian institute, securing the 43rd position.
Banking And Financial News
Finance Ministry Allows 100% FDI in Insurance Sector Under Automatic Route
- The Ministry of Finance has allowed 100% FDI in the insurance sector under the automatic route, with approval and oversight by the Insurance Regulatory and Development Authority of India.
- The reform follows the passage of the Sabka Bima Sabki Raksha Bill, 2025, which raised the FDI limit from 74% to 100%.
- While insurance intermediaries can have 100% FDI, foreign investment in Life Insurance Corporation of India remains capped at 20% under existing provisions.
Axis Bank Launches First Digital Locker-Focused Branch in New Delhi
- Axis Bank has inaugurated its first digital locker-focused branch at DLF Midtown Plaza, marking a new step in secure banking innovation.
- The branch integrates advanced automation, high-end security, and technology-enabled locker services to enhance customer convenience and privacy.
- This initiative strengthens the bank’s presence in urban areas by offering a compact, tech-driven branch model with premium locker facilities for modern customers.
Appointment News
Prasoon Joshi Appointed Chairman of Prasar Bharati
- The Ministry of Information and Broadcasting has appointed Prasoon Joshi as the Chairman of Prasar Bharati.
- He has previously served as the Chairperson of the Central Board of Film Certification (CBFC).
About Prasar Bharati
- Formed- 23 November 1997
- Headquarters- New Delhi
- Ministry- Ministry of Information and Broadcasting
Awards News
Parveen Shaikh Wins Whitley Award 2026 for Protecting Indian skimmer
- Indian conservationist Parveen Shaikh has been honoured with the prestigious Whitley Award 2026 for her efforts to protect the endangered Indian skimmer through a community-led conservation model.
- The recognition highlights the growing importance of grassroots initiatives in safeguarding biodiversity, particularly along India’s river ecosystems.
- The Whitley Award, often referred to as the “Green Oscars,” is conferred by a UK-based charity to individuals demonstrating outstanding work in wildlife conservation.
Sports News
South Korea Defeats China 3-1 to Win Uber Cup 2026
- South Korea national badminton team defeated defending champions China national badminton team by 3-1 to win the Uber Cup 2026, securing their third title in the tournament.
- This victory marks South Korea’s third Uber Cup triumph, strengthening its position in women’s team badminton at the global level.
- Earlier, South Korea had also won the title in 2010 (Kuala Lumpur) and 2022 (Bangkok), with both victories coming against China.
China Retains Thomas Cup 2026 Title, Wins 13th Crown
- China’s national badminton team retained the Thomas Cup 2026 title in men’s team badminton by defeating France national badminton team in the final.
- This marks China’s 13th Thomas Cup title and a back-to-back victory after winning in 2024 and 2026.
- India national badminton team secured the bronze medal in Thomas Cup 2026 after losing 0–3 to France in the semi-final.
Marta Kostyuk Wins Madrid Open 2026, Defeats Mirra Andreeva to Claim Biggest Career Title
- Marta Kostyuk won the Madrid Open 2026 (WTA 1000 title), defeating world No. 8 Mirra Andreeva 6–3, 7–5 in the women’s singles final, marking the biggest title of her career.
- With this victory, Kostyuk is set to rise from world No. 23 to a career-high No. 15 in the WTA rankings and has also strengthened her position ahead of the upcoming French Open 2026 in Paris.
Science and Tech News
GalaxEye Launches Mission Drishti, India’s First OptoSAR Satellite
- GalaxEye launched Mission Drishti, the world’s first OptoSAR satellite, making it India’s largest privately developed Earth observation satellite.
- The 190-kg satellite was launched aboard a SpaceX Falcon 9 rocket from Vandenberg Space Force Base, enabling advanced Earth observation capabilities.
- Mission Drishti uses OptoSAR technology, combining Electro-Optical (EO) and Synthetic Aperture Radar (SAR) sensors for all-weather, day-and-night imaging used in mapping, agriculture, flood monitoring, and surveillance.
Defence News
Indian Army Departs for CINBAX 2nd Edition Military Exercise in Cambodia
- The Indian Army has departed for the second edition of the bilateral military exercise CINBAX, which will be conducted in Cambodia.
- The exercise will be held at the Techo Sen Phnom Thom Mreas Training Centre (Camp Basil) located in Kampong Speu province, focusing on strengthening military cooperation between the two countries.
Recent Exercise
- 7th edition of Joint Military Exercise ‘DUSTLIK’ between India–Uzbekistan – Gurumsaray Training Area, Uzbekistan.
- 16th edition of Joint Special Forces Exercise VAJRA PRAHAR between India and USA – Bakloh Himachal Pradesh
- 7th edition of Joint Military Exercise ‘Dharma Guardian’ between India and Japan – Uttarakhand
- 13th edition of joint military Exercise KHANJAR between India and Kyrgyzstan – Misamari in Sonitpur district of Assam.
Obituary News
Four-Time Paralympic Champion and Former F1 Driver Alex Zanardi Passes Away
- Alex Zanardi, a four-time Paralympic gold medallist and former Formula 1 driver, has passed away.
- In para-cycling, he won four Paralympic gold medals—two at the London 2012 Paralympics and two at the Rio 2016 Paralympics.
- He was born in Bologna and is remembered as an inspirational figure in both motorsport and para-sports.
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