Thursday, May 14

Daily Current Affairs: 14 May 2026

Daily current affairs for 14 May 2026 with exam-focused key facts, connected news context, and revision notes for UPSC, SSC, banking and government exams.

Editorial note for exam revision Last updated: 14 May 2026. This briefing is structured for current affairs revision, with key updates and related coverage links to help readers connect recurring topics across days.

Today at a glance

Top current affairs to revise

  1. Government of India raises gold and silver import duty to 15% from 6% to curb imports.
  2. Finance Ministry (FinMin) records Public Sector Banks (PSBs) net profit of ₹1.98 lakh crore in FY26
  3. All India Distillers’ Association (AIDA) reports ethanol supplies of 515 crore litres
  4. Department of Financial Services (DFS) launches USD 1.5 billion Bharat Maritime Insurance Pool (BMIP)
  5. Government of India (GoI) increases customs duty on precious metals to 15%
  6. Government releases Periodic Labour Force Survey (PLFS) data for January-March 2026

Government of India raises gold and silver import duty to 15% from 6% to curb imports.

Key Updates:

  • The Government of India has raised the import duty on gold and silver to 15% from 6%, comprising a 10% basic customs duty and a 5% Agriculture Infrastructure and Development Cess.
  • Prime Minister Narendra Modi urged Indians to avoid buying gold for a year, a rare public call highlighting government concern over pressure on foreign exchange reserves.
  • The India Bullion and Jewellers Association warned that the duty hike could affect demand as gold and silver prices were already elevated.
  • Inflows into India's gold exchange-traded funds surged 186% year-on-year in the March quarter to a record 20 metric tons, according to the World Gold Council.
  • April gold imports hit a near 30-year low due to a 3% integrated goods and services tax (IGST) levy, which had prompted banks to pause purchases for over a month.

Related Current Affairs Coverage


Finance Ministry (FinMin) records Public Sector Banks (PSBs) net profit of ₹1.98 lakh crore in FY26

Key Updates:

  • Public Sector Banks (PSBs) achieved an all-time high net profit of ₹1.98 lakh crore in the 2025-26 fiscal year, representing an 11.1 per cent year-on-year increase.
  • The aggregate operating profit of PSBs reached ₹3.21 lakh crore, and the aggregate business grew by 12.8 per cent to ₹283.3 lakh crore as of 31 March 2026.
  • Aggregate deposits rose 10.6 per cent to ₹156.3 lakh crore, while gross advances increased by 15.7 per cent to ₹127 lakh crore.
  • The gross non-performing assets (NPA) ratio of PSBs declined to 1.93 per cent and the net NPA ratio fell to 0.39 per cent as of 31 March 2026.
  • Total recoveries amounted to ₹86,971 crore, with the slippage ratio reducing to 0.7 per cent and the provisioning coverage ratio remaining above 90 per cent.

Related Current Affairs Coverage


All India Distillers’ Association (AIDA) reports ethanol supplies of 515 crore litres

Key Updates:

  • India's cumulative ethanol supplies reached approximately 515 crore litres during the first six months of Ethanol Supply Year (ESY) 2025-26, according to the All India Distillers’ Association (AIDA).
  • The industry has supplied nearly 49% of the total contracted volume of 1,059 crore litres.
  • Grain-based distilleries contributed approximately 333 crore litres, with maize emerging as the largest contributor at around 182 crore litres, followed by surplus rice/surplus food grain (SFG) at nearly 125 crore litres and damaged food grains (DFG) at approximately 26 crore litres.
  • Sugarcane-based distilleries supplied nearly 182 crore litres, consisting of sugarcane juice (SCJ) at approximately 130 crore litres, B-heavy molasses (BHM) at around 45 crore litres, and C-heavy molasses (CHM) at nearly 7 crore litres.
  • Monthly supplies crossed approximately 102 crore litres in December 2025, 95 crore litres in March 2026, and 92 crore litres in April 2026.

Related Current Affairs Coverage


Department of Financial Services (DFS) launches USD 1.5 billion Bharat Maritime Insurance Pool (BMIP)

Key Updates:

  • The Department of Financial Services (DFS) under the Ministry of Finance launched the Bharat Maritime Insurance Pool (BMIP) with a total capacity of USD 1.5 billion.
  • The BMIP is supported by a sovereign guarantee of USD 1.4 billion, equivalent to ₹12,980 crore, to provide maritime insurance amid global geopolitical tensions.
  • The General Insurance Corporation of India (GIC Re) will function as the pool administrator, overseen by a newly constituted governing body and underwriting committee.
  • The pool provides coverage for hull and machinery, cargo, protection and indemnity (P&I), and war risks for Indian-flagged or India-linked vessels.
  • Under the pool structure, claims up to USD 100 million will be met through pooled capacity, while higher claims will be backed by the sovereign guarantee.

Related Current Affairs Coverage


Government of India (GoI) increases customs duty on precious metals to 15%

Key Updates:

  • The GoI has increased the effective import tax on gold and silver to 15% from the previous rate of 6%.
  • The 15% duty structure comprises a 10% basic customs duty and a 5% Agriculture Infrastructure and Development Cess (AIDC).
  • Customs duty on platinum imports has been raised to 15.4% from 6.4% to contain pressure on foreign exchange reserves during the West Asia crisis.
  • According to the World Gold Council (WGC), inflows into India’s gold exchange-traded funds (ETFs) surged 186% year-on-year to a record 20 metric tonnes during the March quarter.
  • The GoI previously implemented a 3% Integrated Goods and Services Tax (IGST) on gold and silver imports, leading to April gold imports hitting a near 30-year low.

Related Current Affairs Coverage


Government releases Periodic Labour Force Survey (PLFS) data for January-March 2026

Key Updates:

  • India's urban unemployment rate for persons aged 15 years and above decreased to 6.6% in the January-March 2026 quarter, while the rural unemployment rate increased to 4.3%.
  • The overall Labour Force Participation Rate (LFPR) for persons aged 15 years and above stood at 55.5% during the January-March 2026 quarter.
  • The overall female LFPR for the January-March quarter was 34.7%, with rural female LFPR at 39.2% and urban female LFPR at 25.4%.
  • The Worker Population Ratio (WPR) for persons aged 15 years and above was 52.8% during the quarter, with urban WPR at 46.9% and rural WPR at 55.7%.
  • An average of 57.4 crore persons aged 15 years and above were employed in India during the January-March 2026 quarter, comprising 40.2 crore males and 17.2 crore females.

Related Current Affairs Coverage


Moody's Ratings slashes India GDP growth forecast to 6% for 2026

Key Updates:

  • Moody's Ratings (Moody's) has reduced India's GDP growth forecast for 2026 by 0.8 percentage points to 6 per cent.
  • Moody's has lowered the GDP growth estimate for 2027 by 0.5 percentage points to 6 per cent.
  • The agency projected a growth rate of 7.5 per cent for India in 2025.
  • India imports approximately 90 per cent of its energy requirements and 60 per cent of its Liquefied Petroleum Gas (LPG) usage.
  • Coal powers about 70 per cent of India's electricity generation, and the country is increasing imports of Russian crude.

Related Current Affairs Coverage

Goldman Sachs has lowered India’s 2026 growth forecast to 5.9% from its pre-Iran war estimate of 7%. The bank predicts a 50 basis points increase in policy rates by the Reserve Bank of India (RBI) due to currency…


Bharat Maritime Insurance Pool: USD 1.5 Billion Capacity

Key Updates:

  • The Department of Financial Services (DFS) under the Ministry of Finance launched the Bharat Maritime Insurance Pool (BMIP).
  • The BMIP has a total capacity of USD 1.5 billion and a sovereign guarantee of USD 1.4 billion (₹12,980 crore).
  • The General Insurance Corporation of India (GIC Re) will act as the pool administrator.
  • The pool covers hull and machinery, cargo, protection and indemnity (P&I), and war risks for Indian-flagged or India-linked vessels.
  • Claims up to USD 100 million will be met through pooled capacity, while higher claims will be backed by the sovereign guarantee after exhausting reserves and reinsurance arrangements.

Related Current Affairs Coverage

National Maritime Day is observed in India on April 5 to commemorate the historic voyage of the country's first modern merchant ship. India possesses a coastline stretching over 7,500 kilometres and handles approximately…


Judicial Infrastructure Advisory Committee formed to redesign India’s judicial infrastructure for the 21st century

Key Updates:

  • The Chief Justice of India (CJI) Surya Kant announced the formation of the Judicial Infrastructure Advisory Committee to modernise courts across India.
  • The high-powered panel is led by Supreme Court Justice Aravind Kumar and includes Justice Debangsu Basak (Calcutta High Court), Justice Ashwani Kumar Mishra (Punjab and Haryana High Court), Justice Somasekhar Sundaresan (Bombay High Court), Director General of the Central Public Works Department (CPWD), and Secretary General of the Supreme Court.
  • The committee’s mandate focuses on seven priority areas, including the e-courts initiative to eliminate the digital divide and the construction of modern court complexes for 21st-century requirements.
  • The committee’s findings will form the basis for the CJI to secure substantial financial allocations from the Government of India and state governments.
  • The panel will identify systemic constraints and propose improvements for facilities used by lawyers and the public, and submit a formal report to the CJI.

Related Current Affairs Coverage


Cabinet approves Ahmedabad-Dholera Semi High-Speed Rail Project with Rs 20,667 crore outlay

Key Updates:

  • The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi approved the Ahmedabad (Sarkhej)-Dholera semi high-speed double-line railway project.
  • The estimated cost of the project is Rs 20,667 crore.
  • The 134-km corridor is planned with indigenously developed technology and is scheduled for completion by 2030-31.
  • The rail line will connect Ahmedabad with the Dholera Special Investment Region, the upcoming Dholera Airport, and the Lothal National Maritime Heritage Complex.
  • The project is planned under the PM Gati Shakti National Master Plan and is expected to reduce oil imports by nearly 0.48 crore litres and cut carbon emissions by about 2 crore kilograms.

Related Current Affairs Coverage


Scheme for Promotion of Surface Coal/Lignite Gasification Projects: ₹37,500 Crore Outlay

Key Updates:

  • The Union Cabinet approved the Scheme for Promotion of Surface Coal/Lignite Gasification Projects with a total financial outlay of ₹37,500 crore.
  • The scheme aims to gasify approximately 75 million tonnes of coal to support the national target of gasifying 100 million tonnes of coal by 2030.
  • Financial incentives of up to 20% of plant and machinery cost will be provided, capped at ₹5,000 crore for a single project, ₹9,000 crore for a single product (excluding Synthetic Natural Gas and Urea), and ₹12,000 crore for a single entity group.
  • The programme is expected to mobilise investments between ₹2.5 lakh crore and ₹3 lakh crore and create around 50,000 direct and indirect jobs across 25 projects in coal-bearing regions.
  • The initiative aims to reduce India's import dependence on liquefied natural gas (LNG), urea, ammonia, methanol, coking coal, and ammonium nitrate.

Related Current Affairs Coverage

The Maharashtra Cabinet approved the Compressed Biogas (CBG) Policy, 2026, with an outlay of ₹500 crore for 2026-27. The policy aims to convert urban waste, farm residue, agricultural residue, and cattle waste into clean…


Pradhan Mantri Gram Sadak Yojana-IV (PMGSY-IV): ₹1,763.08 crore for rural roads in Madhya Pradesh

Key Updates:

  • The Ministry of Rural Development (MoRD) launched the fourth phase of the Pradhan Mantri Gram Sadak Yojana (PMGSY-IV) in Bhairunda, Sehore district, Madhya Pradesh.
  • Under PMGSY-IV, Madhya Pradesh received approval for 973 rural roads covering 2,117.52 kilometres at an estimated cost of ₹1,763.08 crore to benefit 987 habitations.
  • The Union Government allocated ₹830 crore to Madhya Pradesh from the total indicative PMGSY allocation of ₹18,907 crore for the financial year 2026-27.
  • A mother sanction of ₹2,055 crore was provided under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G) for housing support in Madhya Pradesh.
  • PM-JANMAN road project approvals worth ₹261.81 crore were handed over, covering 384.34 kilometres and benefiting 168 habitations in backward and underserved regions.
  • Madhya Pradesh secured first place among large states for completing the highest road length under PMGSY with 90,766 kilometres, while Bihar topped for connecting the highest number of habitations.
  • Gujarat secured first position in green technology usage in rural road construction, followed by Tamil Nadu and Haryana.
  • Uttar Pradesh, Bihar and West Bengal were recognised for outstanding performance in rural road maintenance.
  • Assam was honoured for completing the highest road length and connecting the highest number of habitations among northeastern and hill states.

Related Current Affairs Coverage


Pakistan, Qatar, and Turkey Discuss Expansion of Strategic Mutual Defence Agreement with Saudi Arabia on 13 May 2026

Key Updates:

  • Pakistani Defence Minister Khawaja Asif announced that Qatar and Turkey could join the existing strategic defence agreement between Pakistan and Saudi Arabia.
  • Pakistan and Saudi Arabia signed the Strategic Mutual Defence Agreement in September 2025, which stipulates that aggression against one signatory is treated as aggression against the other.
  • The proposed expansion aims to establish a broader regional security and economic framework, frequently described as a potential Islamic North Atlantic Treaty Organisation (NATO).
  • A Pakistani military contingent recently arrived at the King Abdulaziz Air Base in Saudi Arabia as part of ongoing joint military and regional security cooperation.
  • Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal stated that India is closely monitoring the development for its implications on national security and regional stability.

Related Current Affairs Coverage


India and Oman to implement Free Trade Agreement from June 1, 2026

Key Updates:

  • The Free Trade Agreement (FTA) between India and Oman, signed in December 2025, is expected to come into force from June 1, 2026.
  • The FTA will provide duty-free access to 98 per cent of India's exports to Oman, including textiles, agri, and leather goods.
  • Under the agreement, India will reduce tariffs on Omanese products such as dates, marbles, and petrochemical items.
  • India and Chile are negotiating to widen the scope of their 2006 Preferential Trade Agreement (PTA) to a Comprehensive Economic Partnership Agreement (CEPA).
  • The India-Chile CEPA aims to encompass digital services, investment promotion and cooperation, Micro, Small, and Medium Enterprises (MSMEs), and critical minerals.
  • Chile is the top producer of copper and holds the world's largest lithium reserves.
  • In 2024-25, India's exports to Chile declined 2.46 per cent to USD 1.15 billion, while imports grew 72 per cent to USD 2.60 billion.

Related Current Affairs Coverage


Russia tests RS-28 Sarmat heavy intercontinental ballistic missile on 13 May 2026

Key Updates:

  • Russia successfully tested the RS-28 Sarmat, a heavy Intercontinental Ballistic Missile (ICBM) designed to replace the Soviet-era R-36M2 Voyevoda.
  • The RS-28 Sarmat, dubbed 'Satan II' by the North Atlantic Treaty Organisation (NATO), is a silo-based missile with a launch weight exceeding 208 tonnes and a length of approximately 35 metres.
  • The missile can carry Multiple Independently Targetable Re-entry Vehicles (MIRVs), including up to 10 heavy or 16 smaller nuclear warheads, and is capable of carrying the Avangard hypersonic glide vehicle.
  • It reaches speeds of up to Mach 20 (approximately 24,000 kmph) during its terminal phase and has a reported range exceeding 18,000 km.
  • The system utilises inertial navigation supported by the Global Navigation Satellite System (GLONASS) and began development in 2011.

Related Current Affairs Coverage


Indian Armed Forces set strategic goals for 2047 drawing insights from Operation Sindoor and global conflicts

Key Updates:

  • The Indian Armed Forces have set strategic goals for 2047, including the formulation of a National Military Strategy and modernising with autonomous technologies under the Atmanirbharta initiative.
  • The military aims to strengthen deterrence through procurement of intelligent platforms, combat assets, force multipliers, robust border infrastructure, and coastal surveillance.
  • Strategic priorities include expanding Underwater Domain Awareness (UDA), enhancing space-based Intelligence, Surveillance and Reconnaissance (ISR) capabilities, and developing robust cyber defence networks.
  • Long-term goals include establishing unified theatre commands, integrating networks and communication, a joint logistics and inventory management system, and an operations coordination centre.
  • Plans also involve creating a Defence Geospatial Agency, a Drone Force, a force for cognitive warfare, a full-fledged Space Command, Cyber Command, and expansion of missile defence and air defence systems under mission Sudarshan Chakra.

Related Current Affairs Coverage


IIT Ropar and Dhash Defense sign MoU on 5 May 2026 to develop next-generation all-terrain vehicles

Key Updates:

  • Indian Institute of Technology Ropar (IIT Ropar) Defence Research and Innovation Foundation (DRIF) and Dhash Defense Systems Private Limited (DDS) signed a Memorandum of Understanding (MoU) on 5 May 2026.
  • The partnership focuses on Indigenously Designed, Developed and Manufactured (IDDM) solutions, including unmanned ground vehicles (UGVs), robotic combat vehicles (RCVs), and advanced all-terrain platforms.
  • The mobility platforms are engineered for operation in extreme environments, including mountainous terrains, forests, desert conditions, coastal regions, and high-altitude conflict zones.
  • The collaboration aligns with the Aatmanirbhar Bharat vision and the Make in India framework to reduce dependence on foreign military hardware.
  • DRIF will provide domain expertise, operational insights, and applied research support to DDS to identify critical technology gaps and operational requirements of the armed forces.

Related Current Affairs Coverage


Indian Army receives indigenous kamikaze drones and precision munitions on May 12, 2026

Key Updates:

  • The Indian Army received the UAV-Launched Precision Guided Munition (ULPGM) and AGNIKAA VTOL-1 First-Person View (FPV) Kamikaze Drone under emergency procurement (EP-6).
  • Both combat systems were designed and developed by the Defence Research and Development Organisation (DRDO) in collaboration with Adani Defence & Aerospace.
  • The ULPGM is a loitering munition featuring a 2-kg warhead and a 1-metre circular error probable (CEP) accuracy for destroying soft and hard targets.
  • The AGNIKAA VTOL-1 drone has an endurance of 30 minutes, a speed of 60 km/h, and the capability to operate in GPS-denied and electronic warfare environments.
  • Adani Defence & Aerospace handed over these indigenous systems to the Western Command of the Indian Army after successful high-altitude and electronic warfare trials.

Related Current Affairs Coverage


Confederation of Indian Industry (CII) and NUS-ISS sign MoU for AI Governance and Digital Leadership

Key Updates:

  • The Confederation of Indian Industry (CII) and NUS-ISS of the National University of Singapore (NUS-ISS) signed a strategic Memorandum of Understanding (MoU) to advance digital leadership and responsible AI governance for Indian enterprises.
  • The partnership will jointly deliver the Leadership Programme on Artificial Intelligence and Governance, an executive certification for board members, CXOs, and senior decision-makers.
  • The MoU was exchanged during the CII Annual Business Summit 2026 held in New Delhi.
  • The initiative targets training over 100 executives by the end of 2026, with half-yearly programme runs scheduled for 2026, 2027, and 2028.
  • The CII Global Leadership Centre in Amaravati, Andhra Pradesh, will anchor the joint programmes, which align with the Digitalisation and Skilling pillars of the Comprehensive Strategic Partnership between India and Singapore.

Related Current Affairs Coverage


D Y Patil International University (DYPIU) and Dassault Systemes sign MoU for Digital Engineering and Manufacturing Experience Centre

Key Updates:

  • D Y Patil International University (DYPIU) signed a Memorandum of Understanding (MoU) with Dassault Systemes to establish a Digital Engineering and Digital Manufacturing Experience Centre in Pune, Maharashtra.
  • The centre will integrate advanced digital technologies into the Smart Manufacturing curriculum of DYPIU to align with Industry 4.0 demands and the 'Make in India' vision.
  • The facility will feature three dedicated labs: NextGen Product Innovation Lab, Intelligent Production System Lab, and Virtual Twin and Simulation Lab.
  • Students will gain exposure to the 3DEXPERIENCE platform and technologies including virtual twins, generative design, multi-physics simulations, and digital manufacturing systems.
  • The partnership includes a three-year Training of Trainers (ToT) programme to equip faculty with expertise in advanced digital manufacturing workflows.

Related Current Affairs Coverage


Rahul Dravid joins European T20 Premier League as Dublin franchise owner

Key Updates:

  • Rahul Dravid is the owner of the Dublin Guardians franchise in the European T20 Premier League (ETPL).
  • The ETPL is the first International Cricket Council (ICC) sanctioned multi-country franchise T20 competition in Europe, planned for a 2026 debut.
  • The league is launched in partnership with Cricket Ireland, Cricket Scotland, and the Royal Dutch Cricket Association.
  • The ETPL co-founders are Abhishek Bachchan, Saurav Banerjee, Priyanka Kaul, and Dhiraj Malhotra.
  • The franchise ownership consists of Rahul Dravid (Dublin), Glenn Maxwell and Rohan Lund (Belfast), Kyle Mills, Nathan McCullum and Rachel Wiseman (Edinburgh), Vipul Aggarwal and Chris Gayle (Glasgow), Steve Waugh, Jamie Dwyer and Tim Thomas (Amsterdam), and Jonty Rhodes, Faf du Plessis, Glashin and Samir Shah with Madhukar Shree as managing partner (Rotterdam).

Related Current Affairs Coverage


Somnath Amrit Mahotsav and Sardar Dham Inauguration on May 11

Key Updates:

  • Prime Minister Narendra Modi is scheduled to visit Gujarat on May 10 and 11 to attend the Somnath Amrit Mahotsav.
  • The Prime Minister will inaugurate the Sardar Dham in Vadodara, Gujarat, on the evening of May 11.
  • The Somnath Amrit Mahotsav marks 75 years since the inauguration of the restored Somnath Temple by India's first President, Dr Rajendra Prasad.
  • Earlier this year, the Somnath Swabhiman Parv was held to mark 1,000 years since the first attack on the Somnath temple.
  • Gujarat Deputy Chief Minister Harsh Sanghavi stated that the Prime Minister has led the Bharatiya Janata Party (BJP) to electoral victories in various states.

Related Current Affairs Coverage

The Art of Living, founded in 1981 by Gurudev Sri Sri Ravi Shankar, celebrated its 45th anniversary and the 70th birthday of its founder at the Art of Living International Centre in Bengaluru. The PM MITRA Park at…

Prime Minister Narendra Modi visited Ajmer, Rajasthan on 28 February 2026 and launched 43 projects worth ₹16,686 crore across urban development, drinking water, roads, railways, irrigation, energy and industrial…


Bhima Mandali caves in Odisha to be developed as Global Heritage site

Key Updates:

  • Union Education Minister Dharmendra Pradhan announced that the Bhima Mandali caves in the Rairakhol sub-division of Sambalpur, Odisha, will be developed into a premier global heritage destination.
  • The caves are situated within the Naktideul Forest Range, 92 km from Sambalpur town and 15 km from Naktideul.
  • The site is believed to be over 10,000 years old, with further archaeological verification potentially dating it back 15,000 to 20,000 years.
  • The site contains rock paintings and stone inscriptions over 20,000 years old and served as shelter for early humans from the Old Stone Age to the Neolithic period.
  • The site is associated with the Pandavas from the Mahabharata and named after Bhima, who is said to have built a dam on the Champali River.

Related Current Affairs Coverage

State finance minister Radha Krishana Kishore inaugurated the three-day Rajkiya Itkhori Mahotsav in Chatra on Thursday. Excise minister Yogendra Prasad and Chatra MP Kalicharan Singh were also present on the occasion.


National Technology Day observed on May 11

Key Updates:

  • National Technology Day is observed every year on May 11 to commemorate the successful Pokhran-II nuclear tests of May 11, 1998.
  • The 500 MWe Prototype Fast Breeder Reactor (PFBR) at Kalpakkam, Tamil Nadu, developed by BHAVINI under the Department of Atomic Energy, reached first criticality in April 2026, making India the second country after Russia to have a commercial-scale fast breeder reactor.
  • India became the fourth nation to achieve a soft landing on the Moon and the first to do so near the lunar south pole through the Chandrayaan-3 mission in July 2023.
  • Aditya-L1, India's first dedicated solar observatory, was launched in September 2023 and reached its halo orbit around the Sun-Earth L1 point in January 2024.
  • The NASA-ISRO Synthetic Aperture Radar (NISAR) mission, launched in July 2025, employs dual L-band and S-band radar to monitor Earth's surface changes.
  • The Gaganyaan mission, expected in the first quarter of 2027, aims to send three astronauts (vyomnauts) into low Earth orbit at approximately 400 km for up to three days.
  • The Advanced Medium Combat Aircraft (AMCA) is an indigenous fifth-generation stealth multirole fighter with a prototype rollout targeted for late 2026–2027 and a first flight scheduled for 2028.

Related Current Affairs Coverage

World Intellectual Property Day is observed annually on April 26. The event was established to increase general understanding of intellectual property rights, including patents, trademarks, industrial designs, and…


Kevin Warsh Confirmed as Federal Reserve Chair

Key Updates:

  • Kevin Warsh was confirmed by the Senate on May 13 as the chair of the Federal Reserve (Fed).
  • He replaces Jerome Powell as the chair of the Fed.
  • Warsh was confirmed to a new 14-year term on the Fed's Board of Governors on May 12.
  • He will serve a four-year term as chair.
  • Warsh previously served on the Fed's Board of Governors from 2006 to 2011.

Related Current Affairs Coverage

Rohit Jain was appointed as Deputy Governor (DG) of the Reserve Bank of India (RBI) by the appointments committee of the cabinet. His appointment is for a period of three years from the date of joining on or after May 3…

Vishvajit Sahay, a 1990-batch officer of the Indian Defence Accounts Service (IDAS), assumed charge as Secretary (Defence Finance) in the Ministry of Defence on 1 May 2026. Prior to this appointment, he served as the…


Prashant Pise Appointed Ambassador of India to Oman

Key Updates:

  • Prashant Pise has been appointed as the Ambassador of India to the Sultanate of Oman by the Ministry of External Affairs (MEA).
  • Pise is a 1995 batch Indian Foreign Service (IFS) officer.
  • He succeeds Godavarthi Venkata Srinivas, a 1993 batch IFS officer, in Muscat.
  • Prior to this appointment, Pise served as the Ambassador of India to the Republic of Slovenia in March 2024.
  • He currently holds the position of Additional Secretary (Emigration Policy and Welfare) in the MEA.

Related Current Affairs Coverage

Vikram Doraiswami presented a copy of his credentials to Assistant Foreign Minister Hong Lei of the Ministry of Foreign Affairs of the People's Republic of China. Doraiswami is a 1992-batch Indian Foreign Service (IFS)…


R Mukundan elected President of Confederation of Indian Industry (CII)

Key Updates:

  • R Mukundan, Managing Director and CEO of Tata Chemicals, was elected President of the Confederation of Indian Industry (CII) for 2026-27.
  • Mukundan succeeds Rajiv Memani as the President of CII.
  • Suchitra K Ella, Co-Founder and Managing Director of Bharat Biotech, was appointed President-Designate of CII for 2026-27.
  • Shashwat Goenka, Vice-Chairman of RP-Sanjiv Goenka Group, was named Vice President of CII.
  • Suchitra K Ella was awarded the Padma Bhushan in 2022.

Related Current Affairs Coverage


Prateek Yadav passed away

Key Updates:

  • Prateek Yadav passed away at the age of 38 on May 13, 2026, in Lucknow, Uttar Pradesh.
  • He was the son of the late Mulayam Singh Yadav, founder of the Samajwadi Party (SP) and former Chief Minister of Uttar Pradesh.
  • He was the stepbrother of the SP chief and former Uttar Pradesh Chief Minister, Akhilesh Yadav.
  • He was the husband of Bharatiya Janata Party (BJP) leader Aparna Bisht Yadav.
  • Aparna Bisht Yadav serves as the Vice Chairperson of the Uttar Pradesh State Women Commission.

Related Current Affairs Coverage

Dr Gopalrao Patil, a former Rajya Sabha member and paediatrician, passed away at the age of 94 in Latur, Maharashtra. He served as a member of the Rajya Sabha representing the Bharatiya Janata Party (BJP) between 1994…

Abu Hasem Khan Choudhury, former Union Minister, died on 8 April 2026 in Kolkata. He was 89 years old and had been suffering from multiple age-related complications.

Pravina Deshpande died on 17 February 2026 after a prolonged battle with cancer at the age of 60. Her cremation was held on 17 February 2026 at 3:00 pm at Hindu Crematorium, Chakala Parsiwada, Andheri East.


Swapan Sadhan Bose Dies Former Mohun Bagan President

Key Updates:

  • Swapan Sadhan Bose, a former president of Mohun Bagan, died at the age of 79 in Kolkata on Tuesday.
  • He passed away after suffering a cardiac arrest.
  • He served the club in various capacities, including as secretary and president, for more than three decades.
  • His administration oversaw the induction of foreign players and the signing of Nigerian striker Chima Okorie.
  • He played a key role in the 2020 merger of Mohun Bagan with Atletico de Kolkata (ATK).

Related Current Affairs Coverage


N Rangasamy sworn-in as Chief Minister of Puducherry

Key Updates:

  • N Rangasamy, leader of the All India NR Congress (AINRC), took oath as the Chief Minister of Puducherry for a fifth term on May 13.
  • Lieutenant Governor K Kailashnathan administered the oath of office and secrecy to Rangasamy at Lok Nivas.
  • The AINRC-led National Democratic Alliance (NDA) secured 18 seats in the 30-member Puducherry Legislative Assembly, consisting of 12 seats for AINRC, 4 for the Bharatiya Janata Party (BJP), 1 for the All India Anna Dravida Munnetra Kazhagam (AIADMK), and 1 for the Lakshiya Jananayaga Katchi (LJK).
  • A Namassivayam of the BJP took oath as a Cabinet minister in the Puducherry government.
  • Rangasamy won the Thattanchavady constituency and is Puducherry's longest-serving Chief Minister, with previous tenures from 2001 to 2008 and 2011 to 2016.

Related Current Affairs Coverage

The Ministry of Information and Broadcasting announced the appointment of lyricist and writer Prasoon Joshi as the Chairman of the Prasar Bharati Board on 3 May 2026. Prasoon Joshi has served as the Chairperson of the…


Susan Elias Appointed First Woman Principal of St Stephen’s College

Key Updates:

  • Professor Susan Elias, a computer scientist, has been appointed as the 14th principal of St Stephen’s College in New Delhi.
  • This appointment marks the first time a woman will lead the institution in its 145-year history since its establishment in 1881.
  • Elias is scheduled to officially assume her role as the head of the college starting from 1 June 2026.
  • The college was founded by the Cambridge Mission to Delhi, with Canon Samuel Scott Allnutt serving as its founder and first principal.
  • Elias holds a Bachelor’s degree in computer science and engineering, a Master’s in multimedia technology, and a doctorate in multimedia communications.

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Lieutenant General Susan Coyle has been appointed as the first female commander to lead the Australian Army in its 125-year history. The appointment was announced by the Defence Minister Richard Marles, with her term as…


N. Rangasamy sworn in as Chief Minister of Puducherry

Key Updates:

  • N. Rangasamy was sworn in as the Chief Minister of Puducherry for the fifth time on May 13, 2026.
  • Lieutenant Governor K. Kailashnathan administered the oath of office and secrecy at Lok Niwas in Puducherry.
  • The second National Democratic Alliance (NDA) government in the Union Territory includes Ministers A. Namassivayam of the Bharatiya Janata Party (BJP) and Malladi Krishna Rao of the All India N.R. Congress (AINRC).
  • N. Rangasamy is the founder of the AINRC and the head of the NDA in the Union Territory of Puducherry.
  • The Chief Minister approved the extension of ₹3 lakh health insurance coverage to APL families, the establishment of Namo Cancer Hospital at the Indira Gandhi Government Medical College, and land allotment to the Indian Institute of Technology Madras (IIT-Madras) and Jawaharlal Institute of Postgraduate Medical Education and Research (JIPMER).

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C Joseph Vijay, founder of Tamilaga Vettri Kazhagam (TVK), took oath as the Chief Minister of Tamil Nadu. Governor Rajendra Vishwanath Arlekar administered the oath of office at the Jawaharlal Nehru Indoor Stadium in…


Dr. Harvansh Chawla Appointed as Chairman of BRISEC Chamber of Commerce & Industry (BRISEC)

Key Updates:

  • Dr. Harvansh Chawla has been appointed as the Chairman of the BRISEC Chamber of Commerce & Industry (BRISEC).
  • He is a legal expert specialising in international trade and policy.
  • Dr. Chawla previously served as the Chairman of the BRICS Chamber of Commerce & Industry (BRICS CCI).
  • His tenure at BRICS CCI involved advancing trade and investment among BRICS+ nations and developing institutional dialogues.
  • The mandate of BRISEC under his leadership includes enhancing cross-border trade opportunities and facilitating policy dialogues for global business engagements.

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