现在是八点一刻。

It's a quarter past eight.

Source: Tatoeba

Sentence Composition

1 现在 xiànzài now; at present; currently
=2 是 shì
  1. to be (followed by substantives only)
  2. correct; right; true
  3. (respectful acknowledgement of a command) very well
  4. (adverb for emphatic assertion)
=2 是 shì variant of 是 shì
3 八点 bādiǎn eight o'clock
4 一刻 yīkè
  1. fifteen minutes; quarter of an hour
  2. short time; moment