Daily Current Affairs & GK Capsule — 2026-11-03

2-minute briefing plus a 5-question recall quiz for SSC, Banking & Railway exams. Read time ~2 min.

Today's Headlines

RBI increases FRB 2034 interest rate to 7.26 percent (Banking & Economy)
The Reserve Bank of India has increased the interest rate on Government of India Floating Rate Bond 2034 by 0.81 percentage points to 7.26 percent per annum. The revised rate will remain in effect for the six months from October 30, 2026, to April 29, 2027.
Defence Ministry signs Rs 53866.50 crore deal for eight warships (National & Governance)
The Ministry of Defence has signed contracts worth Rs 53,866.50 crore with Garden Reach Shipbuilders and Engineers Limited and Goa Shipyard Limited. The deal aims to acquire eight next-generation warships, specifically Next Generation Corvettes, for the Indian Navy.
ISRO successfully launches NVS-03 navigation satellite aboard GSLV-F18 (Science & Technology)
On October 30, 2026, the Indian Space Research Organisation successfully launched its next-generation navigation satellite NVS-03. The satellite was carried aboard the GSLV-F18 rocket from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh.
PM Modi to inaugurate and lay foundation stone of Pune Metro projects worth Rs 21800 crore (National & Governance)
Prime Minister Narendra Modi is scheduled to inaugurate and lay the foundation stone of Pune Metro projects worth around Rs 21,800 crore on November 3, 2026. The major infrastructure boost aims to enhance urban mobility in the region.

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