Top 10 news for SSC, Banking & Railway exams · 5-minute read · published
Top stories: Cabinet approves Rs 10,000 crore Container Manufacturing Promotion Scheme; India's fiscal deficit for April-September reaches Rs 7.14 lakh crore, 42.1% of FY27 target; World Bank says India's extreme poverty fell from 27.1 per cent to 2.6 per cent.
The Union Cabinet chaired by PM Narendra Modi approved the Container Manufacturing Promotion Scheme (CMPS) on 28 October with an outlay of Rs 10,000 crore up to FY 2039-40. It seeks to lift India's yearly container output from 70,000 TEUs to 7.5 lakh TEUs. The government expects about 3,000 direct jobs and over 50,000 indirect jobs from it.
Exam angle: TEU (twenty-foot equivalent unit) is the standard unit used to measure container and port capacity.
Sources: The Tribune, Deccan Herald, Mint
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2Economy & Banking
India's fiscal deficit for April-September reaches Rs 7.14 lakh crore, 42.1% of FY27 target
Government data released on Friday put the Centre's fiscal deficit for April to September of FY27 at Rs 7.14 lakh crore, equal to 42.1% of the annual estimate. This was higher than the 36.5% recorded in the same period a year earlier. For the full year, the deficit has been budgeted at Rs 16.96 lakh crore, or 4.3% of GDP.
Exam angle: The Fiscal Responsibility and Budget Management (FRBM) Act was enacted in 2003 to set fiscal deficit targets for the Centre.
Sources: Economic Times, The Tribune
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3Reports & Indices
World Bank says India's extreme poverty fell from 27.1 per cent to 2.6 per cent
The World Bank's October 2026 Poverty and Equity Brief found that extreme poverty in India dropped from 27.1 per cent in 2011 to 2.6 per cent in 2023, with an estimated 496 million people moving out of poverty. It also reported that employment grew by around 134 million between 2017 and 2023, and that around 57 per cent of the poor live in a belt from Uttar Pradesh to West Bengal.
Exam angle: The World Bank was created at the 1944 Bretton Woods Conference and is headquartered in Washington, D.C.
Sources: All India Radio official, Economic Times
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4Schemes & Policies
PM Modi releases 24th instalment of PM-KISAN from Banaskantha in Gujarat
Prime Minister Narendra Modi released the 24th instalment of PM-KISAN on Friday from Banaskantha in Gujarat, sending over Rs 18,690 crore to more than 9.34 crore farmers. During the same visit he launched development projects worth over Rs 14,000 crore, including Ahmedabad Metro Phase-2A and Phase-2B.
Exam angle: PM-KISAN, launched in February 2019, gives eligible farmers Rs 6,000 a year in three equal instalments.
Sources: All India Radio official, Economic Times, Times of India
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5Science & Defence
Aditya-L1 and ESA's Proba-3 used together to study Coronal Mass Ejections near the Sun
Scientists combined observations from India's Aditya-L1 solar mission and the European Space Agency's Proba-3 to examine Coronal Mass Ejections close to the Sun. The VELC instrument on Aditya-L1 gave spectroscopic data and the ASPIICS coronagraph on Proba-3 gave detailed images. Used together, they gave better estimates of the mass, density and energy of the eruptions.
Exam angle: Aditya-L1 is India's first space-based observatory-class solar mission and studies the Sun from a halo orbit around the Sun-Earth Lagrange point L1.
Sources: The Tribune
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6National
UNESCO adds three Indian sites to World Heritage Tentative List, taking India's total to 81
UNESCO placed three more Indian sites on its World Heritage Tentative List, which raised India's count on the list to 81. The additions are Chhattisgarh's Sirpur Cultural and Archaeological Landscape, plus two Andaman and Nicobar Islands sites: the Andaman Subduction Volcanoes, comprising Barren Island and Narcondam Island, and the Karst-mud-volcano Complex of Baratang.
Exam angle: Barren Island in the Andaman Sea is India's only confirmed active volcano.
Checked against two independent sources
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7Environment
Indian developers secure 23 major contracts under National Green Hydrogen Mission
Pralhad Joshi said in a social media post that Indian developers had won 23 major supply contracts under the National Green Hydrogen Mission. He said that over 70% of the commitments were aimed at global exports and that the milestone was driving 90 thousand crore rupees of clean energy investment, supporting green jobs and India's net-zero goals.
Exam angle: The National Green Hydrogen Mission was approved by the Union Cabinet in January 2023 with an initial outlay of Rs 19,744 crore.
Sources: All India Radio official, The Tribune
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8Reports & Indices
Bihar Museum in Patna ranked 9th globally and 1st in Asia on Worth a Journey 2026 list
The Bihar Museum in Patna was placed 9th in the world and 1st in Asia on travel magazine Worth a Journey's 2026 list of the 100 best museums. It finished ahead of New York's Metropolitan Museum of Art at 10th and the Louvre in Paris at 31st. The museum opened in 2015 and was designed by Pritzker Prize-winning architect Fumihiko Maki.
Exam angle: Japanese architect Fumihiko Maki won the Pritzker Architecture Prize in 1993.
Sources: Mint, The Tribune
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9International
Bank of Japan keeps key short-term interest rate unchanged at 1.25 per cent
The Bank of Japan's policy board voted 8-1 to hold its key short-term interest rate at 1.25 per cent. Board member Hajime Takata dissented and proposed raising the rate to 1.5 per cent, arguing that underlying consumer price inflation had reached the bank's price stability target and that the bank should accelerate the pace of moving rates closer to the neutral level.
Exam angle: The Bank of Japan, Japan's central bank, was established in 1882 and is headquartered in Tokyo.
Sources: All India Radio official, The Tribune
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10Sports
New Zealand beat India by 87 runs in 4th T20I at Auckland, India still lead series 3-1
New Zealand beat India by 87 runs in the fourth T20I at Eden Park, Auckland, on October 30, their first win of the five-match series. Glenn Phillips struck 107 off 49 balls as the hosts made 259/7, the highest T20I total against India. Jacob Duffy then took four wickets to hold India to 172/9. India still lead the series 3-1.
Exam angle: Auckland is New Zealand's largest city, but the country's capital is Wellington.
Every morning at 6:00 AM IST we publish the 10 news points from the previous two days that matter most for SSC, Banking, Railway and State PSC exams. Each fact is confirmed in at least two independent sources, with official sources such as All India Radio and the Reserve Bank of India preferred and marked; every number and name is matched against those sources, and each point is reviewed again before it is published. Points are written in our own words, and each one names the sources it was checked against. Spotted a problem? Use “Report an error” under the point.
