Current Affairs and GK updates 08/05/2026

Here is the Daily current affairs and GK updates of the day for UPSC,SSC,IBPS,RRB,NTPC and other competitive exams preparations.

National

National Democratic Alliance Chief Ministerial candidate N. Rangasamy met Lieutenant Governor K. Kailashnathan and staked claim to form the next government in Puducherry. Mr. Rangasamy handed over letters of support from the majority of MLAs to the Lieutenant Governor.
DRDO & Indian Air Force successfully conduct maiden flight-trial of indigenous TARA glide weapon.Defence Research and Development Organisation (DRDO) and the Indian Air Force (IAF) have successfully conducted the maiden flight trial of the Tactical Advanced Range Augmentation (TARA) weapon off the coast of Odisha yesterday.

India, Canada conclude second round of CEPA negotiations in New Delhi-India-Canada Joint Statement on the Conclusion of the Second Round of Comprehensive Economic Partnership Agreement (CEPA) Negotiations concluded in New Delhi today. The discussions were held in accordance with the Terms of Reference signed by the Trade Ministers of both countries on 2nd March this year.
Trinidad and Tobago first Caribbean nation to adopt India’s UPI platform : EAM S Jaishankar.External Affairs Minister Dr S Jaishankar today stated that the India-Trinidad and Tobago relationship reflects a unique convergence of history, human connection, and shared aspirations.
Bulgaria parliament approves Rumen Radev as new Prime Minister:Bulgaria's parliament today formally approved Rumen Radev as the new prime minister in a bid to end political instability and spur economic development in the EU member country. The chamber voted 124-70 with 36 abstentions to elect Radev, a 62-year-old former president, as prime minister.

India’s forex reserves fall by $7.7 billion to $690 billion: RBI-India’s foreign exchange reserves declined by 7.7 billion US dollars, standing at 690 billion US dollars for the week ending May 1. According to the Reserve Bank of India, Gold reserves fell by 5 billion US dollars to 115 billion US dollars.

India’s new Ambassador to China Vikram Doraiswami presents credentials:Newly-appointed Ambassador of India to China Vikram Kumar Doraiswami presented his credentials to China's Assistant Foreign Minister and Director-General of the Protocol Department of the Foreign Ministry, Hong Lei, yesterday. Mr Doraiswami was appointed as the Ambassador to China in March.

Simranjeet Kaur enters semi-finals at Archery World Cup Stage 2 in Shanghai:India's Simranjeet Kaur advanced to the semi-final of the women's recurve individual event at the Archery World Cup Stage 2 in Shanghai today.

End of WWII :On May 8, 2026, the 81st anniversary of Victory in Europe (VE) Day marks 81 years since Nazi Germany’s surrender in 1945, ending World War II in Europe.
World Red Cross and Red Crescent Day:May 8 is internationally observed as World Red Cross and Red Crescent Day. to mark the birth anniversary of Henry Dunant.
World Thalassaemia Day: Dedicated to raising awareness about the blood disorder.

Henry Dunant, also known as Henri Dunant, was a Swiss humanitarian, businessman, social activist, and co-founder of the Red Cross. His humanitarian efforts won him the first Nobel Peace Prize in 1901.
Thalassaemia is a group of inherited blood disorders that prevent your body from producing normal hemoglobin. This lack of healthy red blood cells causes anemia. It ranges from mild—requiring no treatment—to severe, which necessitates regular blood transfusions and ongoing care.
Glide weapons are designed to convert unguided warheads into precision-guided stand-off weapons.They Converts conventional "dumb" bombs into smart, precision-guided munitions.