RBI Withdraws IFR Requirement for Banks Maintaining Market Risk Capital
The Reserve Bank of India (RBI) has withdrawn the mandatory Investment Fluctuation Reserve (IFR) requirement for banks that maintain capital…
PM Modi Conferred Norway’s Highest Civilian Honour
Narendra Modi was conferred with Norway’s highest civilian honour, the Grand Cross of the Royal Norwegian Order of Merit, during…
Gunveer Singh Appointed RBI Executive Director
Reserve Bank of India has appointed Gunveer Singh as Executive Director (ED) with immediate effect from May 18, 2026. The…
Prudential Plc to Acquire Majority Stake in Bharti Life Insurance
Prudential plc has announced the acquisition of a 75 percent stake in Bharti Life Insurance Company Limited for approximately ₹3,500…
Hinduja Family Retains Top Spot in UK Rich List 2026
The Hinduja family has once again secured the top position in the Sunday Times Rich List 2026, becoming the richest…
India’s Current Account Deficit Likely to Widen to 2.3% of GDP in FY27: HSBC
India’s Current Account Deficit (CAD) is projected to widen sharply to 2.3% of GDP in FY27 from an estimated 0.9%…
TVS Motor to Acquire 4.9% Stake in Jana Small Finance Bank for ₹193 Crore
TVS Motor Company has announced that it will acquire a 4.9% stake in Jana Small Finance Bank for ₹193.3 crore,…
RBI Raises Bond-Trading Targets for Primary Dealers by 48%
Reserve Bank of India (RBI) has significantly increased bond-trading targets for the country’s primary dealers in a move aimed at…
VD Satheesan Sworn in as Kerala Chief Minister
V. D. Satheesan was sworn in as the new Chief Minister of Kerala following the victory of the Congress-led United…
PM Modi Conferred Sweden’s Prestigious Royal Order of the Polar Star
Prime Minister Narendra Modi was conferred with Sweden’s highest civilian honour for a Head of Government — the Royal Order…
PFRDA Introduces New Retirement Income Scheme and Drawdown Facility Under NPS
The Pension Fund Regulatory and Development Authority (PFRDA) has launched a new Retirement Income Scheme (RIS) and drawdown facility under…
Yuvraj Singh Joins Dunes T20 League as Ambassador
Indian cricket legend Yuvraj Singh has been appointed as the ambassador of the upcoming Dunes T20 League, Saudi Arabia’s first…
Dr. Jitendra Singh Dedicates CEL’s 200 MW Solar Module Manufacturing Line to the Nation
Union Minister Dr. Jitendra Singh dedicated the 200 MW Solar Module Manufacturing Line of Central Electronics Limited (CEL) to the…
Ministry of Textiles and ICRIER Sign MoU for Evidence-Based Policy Research in Textile Sector
The Ministry of Textiles has signed a Memorandum of Understanding (MoU) with the Indian Council for Research on International Economic…
PLFS April 2026: Urban Employment Stable, Female Urban Unemployment Falls to One-Year Low
The latest Monthly Bulletin of the National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) shows…
India Assumes Chairmanship of Global IT Security Standards Body CCDB
India has assumed the chairmanship of the Common Criteria Development Board (CCDB) for the period from April 2026 to April…
RBI Raises Trading Targets for Primary Dealers to Boost Bond Market Liquidity
Reserve Bank of India (RBI) has significantly increased trading targets for primary dealers in an effort to deepen liquidity in…
India Signs Landmark MoU for First Mega Greenfield Shipyard at Thoothukudi
A tripartite Memorandum of Understanding (MoU) has been signed for the development of India’s first mega greenfield shipyard at Thoothukudi…
World Bank Chief Economist Indermit Gill to Retire in August
Indermit Gill, the Chief Economist and Senior Vice President of the World Bank, will retire at the end of August…
India, UAE Sign Major Agreements on Energy, Defence and AI; Abu Dhabi Announces $5 Billion Investment
India and United Arab Emirates have signed a series of significant agreements covering energy, defence, maritime infrastructure and artificial intelligence…
Current Affairs 14th May 2026 | Banking, SSC, Teaching & UPSC Exam News
Top current affairs for 14th May 2026, Highlighting major developments in politics, governance, the economy, and international relations. These updates…
IEPFA Signs MoU with Prasar Bharati to Boost Investor Awareness Across India
The Investor Education and Protection Fund Authority (IEPFA), functioning under the Ministry of Corporate Affairs, has signed a Memorandum of…
Andhra Pradesh Signs Agreement for Amended BharatNet Programme
The Department of Telecommunications (DoT) has signed a major agreement for the implementation of the Amended BharatNet Programme (ABP) in…
Cabinet Approves Higher MSP for Kharif Crops for 2026–27
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved an increase in the Minimum…
RBI Cancels Licence of Mumbai-Based Sarvodaya Co-operative Bank
The Reserve Bank of India (RBI) has cancelled the banking licence of Sarvodaya Co-operative Bank due to inadequate capital and…
India Hosts Kimberley Process Intersessional Meeting 2026 in Mumbai
India hosted the Kimberley Process Intersessional Meeting 2026 in Mumbai from May 11 to May 14, 2026. The meeting brought…
India Emerges as a Leader in AI Maturity in Asia-Pacific: IDC Report
India has emerged as one of the leading countries in artificial intelligence (AI) maturity in the Asia-Pacific region, according to…
Jio Platforms Appoints Akash Ambani as Managing Director
Digital services major Jio Platforms has appointed Akash Ambani as the Managing Director (MD) of the company for a period…
Govt Extends CBI Director Praveen Sood’s Tenure By One Year
The Centre has approved a one-year extension for CBI Director Praveen Sood, ensuring continuity in the leadership of India’s top…
Current Affairs 13th May 2026 | Banking, SSC, Teaching & UPSC Exam News
Top current affairs for 13th May 2026, Highlighting major developments in politics, governance, the economy, and international relations. These updates…