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Daily Current Affairs

Monday, May 25, 2026

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Current Affairs (EXAMIVERSE) — 25 May, 2026 (Monday)

Verified Sources: PIB India, The Hindu, DD News, Ministry of External Affairs, and UN.
For Exams: SSC CGL, Banking (IBPS/SBI), UPSC, KPSC + State PSCs

Art & Culture

🎨 Indian Art & Culture

  • President Droupadi Murmu Presents Padma Awards 2026
    • What: President Droupadi Murmu presented the prestigious Padma Vibhushan, Padma Bhushan, and Padma Shri awards for 2026 to the recipients at the Civil Investiture Ceremony-I held at Rashtrapati Bhavan.
    • Details: The awards honor exceptional achievements and distinguished service in various fields including art, social work, public affairs, science & engineering, trade & industry, medicine, literature & education, sports, and civil service.
    • Exam Angle: Presenter (President Droupadi Murmu); Venue (Rashtrapati Bhavan); Civil Investiture Ceremony-I; Award categories (Padma Vibhushan, Padma Bhushan, Padma Shri).

Government Schemes & Economy

📋 Government Schemes & Economy

  • Finance Minister Nirmala Sitharaman Presides Over TEXPROCIL Export Awards 2023–24

    • What: Union Finance Minister Nirmala Sitharaman presided over the TEXPROCIL (The Cotton Textiles Export Promotion Council) Export Awards 2023–24 in Mumbai.
    • Key Highlights: Launched the Advanced Certificate Program in International Trade (ACPIT) and reaffirmed India's target of reaching $100 billion in textile exports by 2030.
    • Exam Angle: Presiding Minister (Nirmala Sitharaman); Venue (Mumbai); Program launched (Advanced Certificate Program in International Trade - ACPIT); Textile export target ($100 billion by 2030).

  • RBI Approves Record Surplus Transfer of ₹2.86 Lakh Crore to the Government

    • What: The Reserve Bank of India (RBI) Board approved a record surplus transfer of ₹2,86,588.46 crore to the Government of India for the financial year 2025–26.
    • Significance: This represents a substantial fiscal buffer for the government to manage its deficit and support capital expenditure.
    • Exam Angle: Approved surplus transfer amount (₹2,86,588.46 crore); Target financial year (FY26 / 2025–26); Approving body (RBI Central Board of Directors).

  • DPIIT Releases Operational Guidelines for BHAVYA Scheme

    • What: The Department for Promotion of Industry and Internal Trade (DPIIT) issued the operational guidelines for the "Bharat Audyogik Vikas Yojna" (BHAVYA).
    • Objective: BHAVYA is a central sector scheme designed to support the development of investment-ready, world-class industrial parks across the country to boost manufacturing and attract FDI.
    • Exam Angle: Department (DPIIT); Scheme Name (Bharat Audyogik Vikas Yojna - BHAVYA); Category (Central Sector Scheme).

âš¡ Quick Revision Points (SSC & Banking Special)

  • May 25: President Droupadi Murmu presented the Padma Awards 2026 at Rashtrapati Bhavan.
  • ₹2,86,588.46 Crore: Record RBI surplus transfer to the Government of India for FY26 approved.
  • $100 Billion: India's target for textile exports by 2030 reiterated by Finance Minister Nirmala Sitharaman.
  • BHAVYA: DPIIT released guidelines for the "Bharat Audyogik Vikas Yojna" to develop world-class industrial parks.
  • ACPIT: Advanced Certificate Program in International Trade launched at TEXPROCIL awards.
  • May 24: India successfully test-fired tactical SRBM Agni-1 from Chandipur, Odisha (recap).
  • Marco Rubio: US Secretary of State visited New Delhi for talks with EAM S. Jaishankar (recap).
  • 10% by 2047: NITI Aayog's services sector market share target under the "Education to Employment and Enterprise" committee (recap).
  • Ebola Advisory: Issued by India for DRC, Uganda, and South Sudan after WHO's PHEIC declaration (recap).
  • May 23: World Turtle Day (Theme: "Shellebrate") (recap).
  • Governance Summit 2026: Hosted by MeitY and ISB at Mohali campus with the theme "Inclusive AI for Viksit Bharat" (recap).
  • NISM & IICA: Signed an MoU to cooperate in corporate governance and ESG research (recap).
  • May 22: International Day for Biological Diversity (Theme: "Acting locally for global impact") (recap).
  • Strategic Partnership: Elevated relationship status between India and Cyprus during President Nikos Christodoulides' visit (recap).
  • 2026–2031: Roadmap duration for defence cooperation between India and Cyprus (recap).
  • 6.4%: India's 2026 GDP growth rate projected by the United Nations (recap).
  • ₹167 Crore: Outlay for the "Arunachal Kiwi" Mission launched by Jyotiraditya Scindia (recap).
  • PRAGATI 2026: Multilateral military exercise involving 12 nations at Umroi Military Station, Meghalaya (recap).
  • IAEA RCA: India assumed chairmanship of the Regional Cooperative Agreement for 2026 (recap).
  • 'RAINMUMBAI': First weather derivative contract launched by NCDEX (recap).
  • May 21: International Tea Day & World Day for Cultural Diversity (recap).
  • Rajnath Singh: Visited South Korea and inaugurated the Indian War Memorial (recap).
  • 6.6%: India's FY27 GDP growth rate projected by CRISIL and S&P Global (recap).
  • Beijing: Venue of the Xi Jinping-Vladimir Putin bilateral summit (recap).
  • May 20: World Bee Day & World Metrology Day (recap).
  • "Mission Coffees of Nagaland": Outlay of ₹175 crore launched by Jyotiraditya Scindia and Neiphiu Rio (recap).
  • ULPGM-V3: DRDO's drone-launched precision-guided missile successfully tested in Kurnool (recap).
  • Slice SFB: Launched India's first AI-powered "phygital" branch in Guwahati (recap).
  • World Family Doctor Day: Observed on May 19 with theme "Compassionate Care in a Digital World" (recap).
  • 38 Judges: Proposed strength of Supreme Court under Article 124(1) (recap).
  • Green Strategic Partnership: Signed between India and Norway (recap).
  • Emirates NBD: Dubai bank investing ₹26,850 crore ($3 Billion) in RBL Bank (recap).
  • Tripura: Site of the new ₹42.4 crore Integrated Aquapark in Kailashahar (recap).
  • International Museum Day: May 18 (Theme: "Museums Uniting a Divided World") (recap).
  • Royal Order of the Polar Star: Sweden's highest civilian honor conferred on PM Modi (recap).
  • 58th Jnanpith Award: Presented to Gulzar and Jagadguru Rambhadracharya on May 17 (recap).
  • World Telecommunication Day: Observed on May 17 with "Digital Lifelines" theme (recap).
  • Sikkim: Celebrated 51st statehood day on May 16 (recap).
  • ₹3,706 Crore: Outlay for HCL-Foxconn semiconductor plant in Jewar approved on May 16 (recap).
  • Bio-Foundry: India's first DST-ICGEB Bio-Foundry opened in Delhi (recap).
  • 5.1%: Latest PLFS urban unemployment rate (recap).
  • 26.8%: Urban Female LFPR rate in India (recap).
  • VB–G RAM G: Upcoming rural program replacing MGNREGA with 125 days of work (recap).
  • BMIP: Maritime insurance pool backed by a ₹12,980 Cr sovereign guarantee (recap).
  • Lakhpati Didi: Program target to make 3 crore rural women self-sufficient (recap).
  • NSO: Releases quarterly and annual GDP & PLFS reports (recap).
  • Tuticorin: Location of India's proposed mega greenfield shipyard (Thoothukudi) (recap).
  • PMOS: Official renamed term for PCOS (recap).
  • WONCA: World Organization of Family Doctors (recap).
  • Geneva: Headquarters of ITU and WHO (recap).