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Daily Current Affairs 25th May 2026 Daily GK Update
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National News
India & Ethiopia Sign WTO Accession Protocol to Strengthen Trade and Strategic Ties
- India and Ethiopia signed a bilateral accession protocol in Geneva to support Ethiopia’s accession to the World Trade Organisation.
- India reiterated its support for the inclusion of developing and Least Developed Countries in the global trading system, with the agreement being fast-tracked under the guidance of Piyush Goyal.
- India is Ethiopia’s second-largest trading partner, and bilateral ties were elevated to a Strategic Partnership during the visit of Narendra Modi to Ethiopia in December 2025.
Department of Posts and Flipkart Partner for Nationwide Last Mile Parcel Delivery Services
- The Department of Posts and Flipkart signed an agreement for last-mile parcel delivery services across India.
- The partnership will combine the extensive postal delivery network of the Department of Posts with Flipkart’s strong e-commerce presence to provide efficient and customer-centric parcel delivery solutions.
- Under the agreement, the Department of Posts will handle last-mile delivery for Flipkart shipments using its vast network of over 1.6 lakh post offices across the country.a
Ministry of Social Justice Launches ‘JEEVAN’ App and ‘SHATAYU’ Dashboard for Senior Citizens’ Care and Support
- The Ministry of Social Justice and Empowerment launched the “JEEVAN” mobile application and “SHATAYU” dashboard to strengthen safety, care, dignity, and empowerment of senior citizens through technology-based support services.
- The JEEVAN app provides information on government welfare schemes, emergency assistance services, and senior citizen homes supported by the ministry, with a user-friendly and accessible interface designed for elderly users.
- The SHATAYU dashboard was launched to strengthen the elderly caregiving ecosystem by providing information on the availability of geriatric caregivers across districts and states during the National Workshop on “Creating a Well-Functioning Care Economy.”
New Delhi Hosts 68th Asian Productivity Organisation Governing Body Meeting Successfully
- The 68th Governing Body Meeting of the Asian Productivity Organisation was held in New Delhi from 20–22 May 2026 at Bharat Mandapam, focusing on regional cooperation, productivity, and strategic collaboration among member economies.
- The meeting was hosted by the National Productivity Council under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India.
- During the session, Cambodia received the APO-AB Accreditation Certificate, while it was announced that the 69th GBM will be hosted in Laos in 2027 and the 67th Summit Meeting of Heads of APO Economies will be held in Sri Lanka in 2027.
Madhya Pradesh Partners with Google Cloud to Use AI for Simhastha Kumbh 2028 Management
- The Madhya Pradesh government has partnered with Google Cloud to use AI-based solutions for the management of Simhastha Kumbh 2028 to be held in Ujjain.
- As part of the collaboration, a Centre for Excellence will be established in Indore, and AI solutions will also support sectors like agriculture, education, health, forestry, and women & child development.
Banking And Financial News
ZikZuk Technologies Receives RBI Approval to Operate as Prepaid Payment Instrument Issuer
- ZikZuk Technologies has received final authorisation from the Reserve Bank of India to operate as a Prepaid Payment Instrument (PPI) Issuer under the Payment and Settlement Systems Act, 2007.
- The approval allows ZikZuk to offer regulated payment solutions, including digital wallets, prepaid cards, stored-value solutions, and services linked to UPI and cross-border financial systems.
- PPIs enable users to load money in advance for transactions and include services such as gift cards, transit payments, and UPI One World solutions for foreign nationals and NRIs visiting India.
RBI Approves Record ₹2.86 Lakh Crore Surplus Transfer to Government for FY 2025–26
- The Reserve Bank of India approved a record surplus transfer of ₹2.86 lakh crore to the Central Government for FY 2025–26, marking one of its highest dividend payouts.
- The decision was taken during the 623rd meeting of the RBI Central Board in Mumbai, chaired by Governor Sanjay Malhotra, where the bank also reviewed the economic outlook and annual accounts.
- RBI reported a 26.42% rise in gross income and a 27.60% increase in expenditure before risk provisions, with net income reaching ₹3.95 lakh crore in FY26 compared to ₹3.13 lakh crore in FY25.
- The central bank also transferred ₹1.09 lakh crore to the Contingent Risk Buffer and maintained it at 6.5% of the balance sheet under the revised Economic Capital Framework.
RBI Imposes Penalties on City Union Bank, Mintifi Finserve and Newa Investments for Regulatory Non-Compliance
- The Reserve Bank of India imposed monetary penalties on City Union Bank, Mintifi Finserve, and Newa Investments for non-compliance with regulatory directions.
- City Union Bank was fined ₹10.10 lakh for levying loan-related charges on certain agriculture advances under priority sector lending norms and for not reporting self-help group member-level data to credit information companies.
- The RBI also imposed penalties of ₹3.10 lakh on Mintifi Finserve and ₹2.70 lakh on Newa Investments for regulatory non-compliance.
Appointment News
Bharat Singh Chauhan Re-Elected as Chairman of Commonwealth Chess Association
- Bharat Singh Chauhan has been unanimously re-elected as Chairman of the Commonwealth Chess Association for the term 2026–2030, recognising his decades-long contribution to chess development.
- The election process was conducted under the supervision of Hon’ble Santiago Pushpa Kumara Ekaratne, a retired High Court Judge, who served as the Returning Officer for the election.
Recent Appointments
- CEO of Unique Identification Authority of India (UIDAI) – Saurabh Vijay
- MD & CEO of Tata Chemicals for 2026–27– R Mukundan
- CM of Assam – Himanta Biswa Sarma (2nd Consecutive Term)
- CMD of Steel Authority of India Limited (SAIL) – Ashok Kumar Panda
- Chief Minister of Kerala – D. Satheesan
ICICI Bank Gets RBI Approval to Reappoint Sandeep Bakhshi as CEO Till October 2028
- ICICI Bank has received approval from the Reserve Bank of India to reappoint Sandeep Bakhshi as its Chief Executive Officer.
- His tenure has been extended for a further two years, allowing him to continue in the role until 3 October 2028.
Recent Appointments in Banking & Insurance Sector
- Deputy Governor of RBI – Rohit Jain (replace T. Rabi Sankar); for Three-Year
- MD & CEO of Karur Vysya Bank – Ramesh Babu (for 2 years)
- MD & CEO of Bank of Baroda – Debadatta Chand (extend for 3 years)
- MD of Bank of India – Rajneesh Karnatak (extend for 3 years)
Awards News
Chandrayaan-3 Wins 2026 AIAA Goddard Astronautics Award for Historic Lunar South Pole Landing
- The Indian Space Research Organisation’s Chandrayaan-3 was awarded the 2026 Goddard Astronautics Award by the American Institute of Aeronautics and Astronautics in Washington, D.C., for its landmark achievements in lunar exploration.
- Chandrayaan-3 created history on 23 August 2023 by becoming the first spacecraft to achieve a soft landing near the Moon’s South Pole, a region of high scientific and strategic importance.
- The mission provided crucial lunar surface data and confirmed the presence of key chemical elements, while the award was accepted on behalf of ISRO by India’s Ambassador to the United States, Vinay Kwatra.
Recent Awards
- Agricola Medal by the Food and Agriculture Organisation – PM Narendra Modi
- Lifetime Achievement Award by AIIMS – Dr V S Mehta
- Pulitzer Prize (Illustrated Reporting and Commentary category) – Indian journalists Anand RK and Suparna Sharma, along with Natalie Obiko Pearson; for a Bloomberg report exposing cybercrime in India.
- Pulitzer Prize (International Reporting category) – Aniruddha Ghosal; for investigating the US Border Patrol’s use of mass-surveillance tools developed in Silicon Valley and China.
Indian-Origin Scientists Salim Abdool Karim and Keertan Dheda Honoured with South Africa’s Highest Civilian Award
- Indian-origin public health scientists Salim Abdool Karim and Keertan Dheda were among 38 individuals awarded South Africa’s highest civilian honour.
- They were conferred the prestigious Order of Mapungubwe by South African President Cyril Ramaphosa at a ceremony held in Pretoria.
- The award recognises exceptional contributions in public health and global research that benefit both South Africa and the international community.
Book and Author
Vice President Releases Book on P.N. Panicker
- Vice President C. P. Radhakrishnan released the book The Library Man of India: The Story of P.N. Panicker, authored by P. P. Sathyan, at Uprashtrapati Bhavan.
- The Vice President described P. N. Panicker as a champion of universal access to knowledge and stressed the need to revive reading culture in society.
Important Days
23 May – World Turtle Day
- World Turtle Day is observed every year on 23 May to raise awareness about the conservation and protection of turtles and tortoises across the world.
- Theme 2026 – Dancing Turtles Rock!
- The day highlights the importance of preserving natural habitats and addressing threats such as pollution, climate change, illegal trade, and habitat destruction affecting turtle species.
24 May – National Brother’s Day
- National Brother’s Day is observed every year on 24 May to celebrate the bond of love, care, and friendship shared between brothers.
- The day highlights the importance of sibling relationships and acknowledges the support, protection, and companionship brothers provide in life.
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