Skip to content
Free updates Login

Daily Current Affairs: 8 April 2026

Current affairs of 8 April 2026: ASISSE 2024-25: NSO’s First Survey of Formal Service Firms; India’s 20 Maritime Reforms and the $75 Billion Freight Drain; IRDAI Sub-Committee on Health Insurance Reform Explained, and 7 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)April 2026
10 TOPICSDaily CurrentAffairs8 April 2026In focus: ASISSE 2024-25: NSO’s First Survey of…safalsetu.com

In this issue: 10 topics

National Affairs

  1. Mohsina Kidwai Dies at 94: Former Union Minister

Banking & Finance

  1. IRDAI Sub-Committee on Health Insurance Reform Explained
  2. SEBI One-Time Relief: IPO Approval Extension and MPS Leeway
  3. Net Open Position Cap: RBI Curbs Banks’ Forex Arbitrage

Economy

  1. ASISSE 2024-25: NSO’s First Survey of Formal Service Firms
  2. India’s 20 Maritime Reforms and the $75 Billion Freight Drain

International Affairs

  1. Vietnam: To Lam Elected President, Le Minh Hung Prime Minister

Agriculture & Rural

  1. India Fisheries Sector: ₹2,761.80 Crore Budget for Blue Economy

Science & Technology

  1. PFBR Kalpakkam Criticality: 500 MWe Reactor Milestone

Reports & Indexes

  1. Textile Demand Survey 2024: Market at ₹14.95 Lakh Crore

National Affairs

Banking & Finance

Banking & Finance

2. IRDAI Sub-Committee on Health Insurance Reform Explained

  • IRDAI formed a high-level sub-committee under the Insurance Advisory Committee to review the private health insurance sector.
  • Health premiums hit a record ₹1.24 lakh crore in FY26, yet about 8% of claims, roughly 1 in 12, get rejected.
  • One-hour cashless pre-authorisation was implemented in early 2026, and 86.8% of cases meet the deadline.
  • The panel will study NHCX, Bima Sugam, hospital tariffs and CII suggestions such as a joint code of conduct.
Full notes and 3 MCQs ›
Economy

3. SEBI One-Time Relief: IPO Approval Extension and MPS Leeway

  • SEBI granted a one-time six-month extension to IPO observation letters expiring up to September 30, 2026.
  • Normally an IPO must launch within 12 months of the observation letter.
  • Companies with Minimum Public Shareholding deadlines between April and September 2026 will face no penal action.
  • MPS requires at least 25% of shares to be held by the public, meaning non-promoters.
Full notes and 3 MCQs ›
Economy

4. Net Open Position Cap: RBI Curbs Banks’ Forex Arbitrage

  • RBI capped each bank's Net Open Position at a flat $100 million; excess had to be sold by April 10.
  • Banks closed about 75% of arbitrage positions: roughly $30 billion of $40 billion in bets against the rupee.
  • The rupee recovered to about 92.99 per dollar after falling 4% in March on the West Asia conflict.
  • Bond yields stayed flat at 7.05% ahead of the MPC outcome.
Full notes and 3 MCQs ›

Economy

Economy

5. ASISSE 2024-25: NSO’s First Survey of Formal Service Firms

  • The National Statistical Office launched the first Annual Survey of Incorporated Services Sector Enterprises (ASISSE) for reference year 2024-25.
  • It covers companies and LLPs in services, with a sample of about 21 lakh enterprises across States and UTs.
  • The GSTN database serves as the sampling frame, and data is gathered through a fully digital web portal.
  • The aim is better GDP estimation for the services sector.
Full notes and 3 MCQs ›
Economy

6. India’s 20 Maritime Reforms and the $75 Billion Freight Drain

  • The Ports, Shipping and Waterways Ministry plans 20 sectoral reforms in the first quarter of FY27, a 90-day sprint under Maritime Amrit Kaal Vision 2047.
  • Less than 5% of India's EXIM cargo moves on Indian-owned ships; India pays about $75 billion yearly to foreign shipping lines.
  • The Directorate General of Shipping will become the Directorate General of Maritime Administration (DGMA).
  • A ₹25,000 crore Maritime Development Fund will provide long-term, low-cost finance for shipyards and fleets.
Full notes and 3 MCQs ›

International Affairs

Agriculture & Rural

Science & Technology

Reports & Indexes

Test yourself

15 questions from the news of 8 April 2026, with answers and explanations.

Start the quiz