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Daily Current Affairs 8th May 2026 Daily GK Update
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National News
CCEA Approves ₹1,570 Crore Ship Repair Facility at Vadinar, Gujarat Under Joint Development Model
- The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the development of a state-of-the-art ship repair facility at Vadinar, Gujarat.
- The project involves a total investment of ₹1,570 crore and will be jointly implemented by Deendayal Port Authority and Cochin Shipyard Limited.
- It is planned as a brownfield development to strengthen India’s maritime infrastructure and ship repair capabilities.
Union Cabinet Approves Increase in Supreme Court Judge Strength from 33 to 37
- The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved increasing the sanctioned strength of judges in the Supreme Court of India from 33 to 37 (excluding the Chief Justice of India).
- The decision will enable the introduction of the Supreme Court (Number of Judges) Amendment Bill, 2026, to amend the Supreme Court (Number of Judges) Act, 1956.
- The move aligns with Article 124 of the Constitution and continues the gradual expansion of the Supreme Court’s strength over the years to enhance judicial capacity.
- The strength of the Supreme Court has been revised multiple times since Independence. Initially capped at eight (including the Chief Justice), the number was increased through successive amendments—from 10 judges in 1956 to 13 in 1960, 17 in 1977, and 25 in 1986. Further expansions raised the strength to 30 in 2008 and later to 33 in 2019. The current proposal seeks to take this number to 37.
Jyotiraditya Scindia Inaugurates 100th N-Gen Post Office at NEHU Shillong in Meghalaya
- Union Minister Jyotiraditya Scindia virtually inaugurated the 100th N-Gen Post Office at North-Eastern Hill University in Shillong, Meghalaya.
- The upgraded facility is designed as a modern, youth-centric post office to serve students, faculty members, and campus residents.
India to Host First International Big Cat Alliance Summit 2026 in New Delhi
- India will host the first International Big Cat Alliance (IBCA) Summit on 1–2 June 2026 in New Delhi, marking a major global conservation initiative focused on big cats.
- Theme – Save Big Cats, Save Humanity, Save Ecosystem.
- The summit will bring together Heads of State or Government from member and observer countries, along with over 400 conservationists, policymakers, scientists, and experts from around the world.
About International Big Cat Alliance
- The International Big Cat Alliance is an intergovernmental organisation headquartered in New Delhi, India.
- It was established in 2023 for the conservation of seven big cat species: lion, tiger, leopard, snow leopard, cheetah, jaguar, and puma.
India–EU Launch ₹169 Crore Joint Initiative to Boost EV Battery Recycling Under TTC Framework
- India and the European Union have launched a ₹169 crore (€15.2 million) joint initiative to enhance EV battery recycling capacity, strengthening sustainable mobility solutions.
- The initiative is implemented under the India–EU Trade and Technology Council (TTC) Working Group-2 to promote clean and green technology cooperation.
- It will be funded through the EU’s Horizon Europe programme, while the Ministry of Heavy Industries (MHI) will support the Indian side of the project.
Banking And Financial News
S&P Global Cuts India FY2026–27 Growth Forecast to 6.6% Amid Global Economic Risks
- S&P Global has lowered India’s growth forecast for Financial Year 2026–27 by 50 basis points to 6.6%, reflecting a moderation in the economic outlook.
- According to the “India Forward” report (jointly prepared by S&P Global and Crisil), India faces external economic risks such as energy supply disruptions, rising oil and gas prices, and currency volatility.
GDP Projection List 2026
- United Nations – 6.4% (CY2026); 6.6% (CY2027)
- IMF – 7.6% (FY26); 6.5% (FY27)
- ADB – 7.6% (FY26); 6.9%(FY27)
- World Bank – 6.6% (FY27)
- Morgan Stanley – 6.2% (FY27)
- Moody’s Rating – 6.8 (FY27)
Appointment News
Shashi Shekhar Vempati Appointed CBFC Chairperson
- Shashi Shekhar Vempati was appointed as the Chairperson of the Central Board of Film Certification.
- He replaced Prasoon Joshi, who was recently appointed Chairman of Prasar Bharati.
- Shashi Shekhar Vempati served as the CEO of Prasar Bharati from 2017 to 2022.
Recent Appointments
- Chairman of Vodafone Idea Ltd (Vi) – Kumar Mangalam Birla (replace Ravinder Takkar)
- Full-Time NITI Aayog Members – R. Balasubramaniam and Joram Aniya
- Chairman of Prasar Bharati – Prasoon Joshi
- President of National Company Law Tribunal – Anupinder Singh Grewal
- Director for 57th International Film Festival of India – Ashutosh Gowariker
Sports News
New Delhi to Host 22nd Commonwealth Table Tennis Championship
- New Delhi will host the 22nd Commonwealth Table Tennis Championship from July 27 to August 2.
- The championship will be jointly organised by the Table Tennis Federation of India and the Delhi government, with participation from 35 Commonwealth nations.
Defence News
HNLMS De Ruyter Arrives at Kochi to Boost India–Netherlands Maritime Cooperation
- The Royal Netherlands Navy ship HNLMS De Ruyter (F804) arrived at Kochi, marking a key step in strengthening maritime cooperation between India and the Netherlands.
- Before its departure from Kochi, the Dutch warship will conduct a Passage Exercise (PASSEX) with an Indian Navy vessel to enhance naval interoperability and coordination.
INS Sunayna Arrives in Myanmar During Indian Navy Chief Dinesh K Tripathi’s Regional Visit
- INS Sunayna arrived at Yangon Harbour in Myanmar as part of India’s maritime engagement and regional cooperation efforts.
- The visit coincided with the visit of Dinesh K Tripathi to Myanmar.
Important Days
7 May 2026 – World Password Day
- World Password Day is observed annually on the first Thursday of May to promote the importance of strong passwords and online security. This year is observed on 7 May.
- The day encourages people to use complex passwords, enable two-factor authentication, and regularly update login credentials to protect digital accounts.
7 May – World Athletics Day
- World Athletics Day is observed annually on 7 May to promote sports, fitness, and participation in athletics among youth across the world.
- Theme 2026 – Sport: Building Bridges, Breaking Barriers
- The day aims to encourage young people to adopt a healthy lifestyle and increase awareness about the importance of physical activities and track-and-field sports.
8 May – World Red Cross
- World Red Cross and Red Crescent Day is observed annually on May 8 to honour the humanitarian efforts of Red Cross and Red Crescent volunteers worldwide.
- Theme 2026 – Keeping Humanity Alive
- The day marks the birth anniversary of Henry Dunant, who founded the International Committee of the Red Cross (ICRC) and was the first Nobel Peace Prize winner.
- World Red Cross Day promotes values of humanity, compassion, voluntary service, and support for people affected by disasters, conflicts, and health emergencies.
8 May – World Thalassaemia Day
- World Thalassaemia Day is observed every year on 8 May to raise awareness about Thalassemia, a hereditary blood disorder that affects the body’s ability to produce healthy haemoglobin.
- Theme 2026 – Hidden No More: Finding the Undiagnosed. Supporting the Unseen
- The day was established by the Thalassaemia International Federation to support patients and encourage blood donation, genetic counselling, and improved healthcare facilities worldwide.
Obituary News
CNN Founder Ted Turner Passes Away at 87
- Ted Turner, founder of CNN, passed away at the age of 87 after suffering from Lewy Body Dementia.
- Turner revolutionised television journalism by launching CNN in 1980 as the first 24-hour news network, transforming global breaking news coverage.
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