Home  /  Daily Current Affairs  /  07-11-2026

Daily Current Affairs – 7 November, 2026

    Parents Income Not Sole Factor: SC on Creamy Layer in OBC

    Context

  • The Supreme Court reaffirmed its March 11 judgment which held that the creamy layer status of Other Backward Classes (OBCs) cannot be decided solely on the basis of parental income.

    • Background

  • The 1993 Office Memorandum (OM) excluded salary and agricultural income while determining the creamy layer status of OBCs.
  • The 2004 clarification stated that salary income of employees working in Public Sector Undertakings (PSUs) and the private sector would be considered for determining creamy layer status.
    • Read More

    Revolutionising Agricultural Extension for Viksit Bharat 2047

    Context

  • To realise Viksit Bharat 2047, agriculture needs to develop at about 4 per cent yearly in real terms, which demands a transformation from the existing agricultural extension system to a farmer-centric approach.

    • What is Agricultural Extension?

  • Agricultural extension is a process of providing farmers with knowledge, technical advice, skills and support services to improve agricultural productivity, profitability and sustainability.
  • It links agricultural research institutions with farmers to promote the uptake of improved farming techniques and technologies.
    • Read More

    Electronics Component Manufacturing Scheme (ECMS)

    Context

  • The government approved 12 new projects under the Electronics Component Manufacturing Scheme (ECMS).

    • About

  • Tamil Nadu accounts for four projects, Gujarat and Maharashtra two each, while Punjab, Uttar Pradesh, Madhya Pradesh and Karnataka account for one each.
  • With these approvals, overall, 118 applications covering 34 products across 16 States have been approved under ECMS.
    • Read More

    Relaxation of Overseas Listing Norms for Indian Companies

    Context

  • The Ministry of Corporate Affairs (MCA) notified the Companies (Listing of Equity Instruments in Permissible Jurisdictions) Amendment Rules, 2026, to relax overseas listing norms.

    • About Overseas Listing

  • Overseas listing means the listing of securities issued by an Indian company on permitted international stock exchanges to raise capital from foreign investors.
  • In January 2024, the government allowed Indian companies to directly list their securities on international exchanges operating in the GIFT International Financial Services Centre (GIFT-IFSC).
    • Read More

    News In Brief 07-11-2026

    Context

  • The Union Home Minister inaugurated the Martyrs’ Memorial of the First War of Independence of 1857, featuring 22 galleries, in Haryana’s Ambala.

    • Historical Significance of the Revolt of 1857

  • Beginning: The uprising began at Meerut on 10 May 1857 and spread to several regions of northern and central India.
  • Spread of the Revolt: The uprising spread to Kanpur, Lucknow, Jhansi, Bareilly, Allahabad, Bihar and other regions.
    • Read More
scroll to top