📅 Important Days
The International Day of United Nations (UN) Peacekeepers is observed globally on 29 May to honour the dedication, service, and sacrifice of UN peacekeepers worldwide, while remembering those who lost their lives in the cause of peace.
| Detail | Fact |
|---|---|
| 2026 Theme | ‘Invest in Peace’ |
| 78th Anniversary | UN Peacekeeping began in 1948 (UNTSO deployment) |
| Origin | UNGA Resolution 57/129 in 2002; first observed 29 May 2003 |
| Organiser | UN Department of Peace Operations (DPO) |
| Symbol | UN Blue Helmet/Beret |
| 1st Mission | UNTSO (United Nations Truce Supervision Organization) — 29 May 1948 |
- 2026 Theme: ‘Invest in Peace’ — highlights the need for sustained global commitment to peacekeeping operations.
- 78th Anniversary: 29 May 2026 marks 78 years since UN Peacekeeping began in 1948 with the deployment of military observers to the Middle East under UNTSO.
- UNTSO: United Nations Truce Supervision Organization — the first UN peacekeeping mission, launched 29 May 1948.
- Established by: UNGA Resolution 57/129 in 2002; first observed on 29 May 2003.
- Coordinator: UN and its Department of Peace Operations (DPO).
International Day of UN Peacekeepers: 29 May. 2026 Theme: ‘Invest in Peace’. 78th anniversary of UN Peacekeeping (began 1948). First UN peacekeeping mission: UNTSO — launched 29 May 1948. Established by UNGA Resolution 57/129 (2002); first observed 29 May 2003. Organiser: UN Department of Peace Operations (DPO). Symbol: UN Blue Helmet/Beret.
World Digestive Health Day (WDHD) is observed on 29 May every year to raise awareness about the prevention, diagnosis, and treatment of gastrointestinal disorders, initiated by the World Gastroenterology Organisation (WGO).
- 2026 Theme: ‘Chronic Diarrhea: Don’t Flush the Signs Away’
- Organiser: World Gastroenterology Organisation (WGO) — formally established on 29 May 1958 at the last day of the 1st World Congress of Gastroenterology in Washington DC, USA.
- WDHD Origin: Established to commemorate the 45th anniversary of WGO in 2003.
- First Observance: 29 May 2004.
World Digestive Health Day: 29 May. 2026 Theme: ‘Chronic Diarrhea: Don’t Flush the Signs Away’. Organised by: WGO (World Gastroenterology Organisation) — established 29 May 1958. First WDHD observed: 29 May 2004.
International Everest Day is observed annually on 29 May to commemorate the first successful ascent of Mount Everest by Sir Edmund Hillary of New Zealand and Tenzing Norgay on 29 May 1953. The day celebrates human endurance, courage, resilience, and the spirit of exploration.
- Origin: Initiated by the Government of Nepal; first observed in Nepal on 29 May 2008.
- 2026 Event: Everest Summiteers Summit 2026 (2nd edition) organised by Everest Alliance Nepal — 176 Mount Everest climbers from 26 countries honoured with special medals and certificates in Kathmandu, Nepal.
- First Successful Ascent: 29 May 1953 — Sir Edmund Hillary (New Zealand) and Tenzing Norgay (Nepal/India).
Mount Everest (height: 8,848.86 m) is the world’s highest peak, located in the Himalayas on the Nepal–China (Tibet) border. First surveyed by Sir George Everest. The 2026 Everest Summiteers Summit is the 2nd edition, with 176 climbers from 26 countries felicitated in Kathmandu.
International Everest Day: 29 May. First ascent: 29 May 1953 by Sir Edmund Hillary (New Zealand) and Tenzing Norgay. Initiated by: Government of Nepal; first observed: 29 May 2008. 2026 event: Everest Summiteers Summit 2026 (2nd edition) by Everest Alliance Nepal — 176 climbers from 26 countries honoured in Kathmandu.
🇮🇳 National News
In May 2026, the Ministry of Health and Family Welfare (MoHFW) released the National Health Accounts (NHA) estimates for India for FY 2022–23 — the 10th NHA report on health expenditure estimates.
| Indicator | Value |
|---|---|
| Government Health Expenditure (GHE) FY23 | Rs 3.85 lakh crore |
| GHE in 2013-14 (baseline) | Rs 1.30 lakh crore |
| Total Health Expenditure (THE) FY23 | Rs 8.81 lakh crore (3.37% of GDP) |
| Prepared by | NHSRC, MoHFW |
| Framework used | System of Health Accounts (SHA) 2011 |
- Key Finding: Government Health Expenditure (GHE) increased from Rs 1.30 lakh crore in 2013–14 to Rs 3.85 lakh crore in 2022–23, reflecting higher public investment in the health sector.
- Total Health Expenditure (THE): Rs 8.81 lakh crore in FY23, or 3.37% of GDP (base year 2022–23).
- NHA: National Health Accounts — a vital tool offering comprehensive insights into sources, scale, and patterns of health expenditure across India’s health system.
- Prepared by: National Health Systems Resource Centre (NHSRC), MoHFW, using the System of Health Accounts (SHA) 2011 framework.
10th NHA Report (FY23) released by MoHFW. GHE: Rs 3.85 lakh crore (FY23) vs Rs 1.30 lakh crore (2013–14). THE: Rs 8.81 lakh crore = 3.37% of GDP. Prepared by: NHSRC using SHA 2011 framework. NHA = National Health Accounts.
In May 2026, Union Minister of State (IC) Dr. Jitendra Singh, Ministry of Science & Technology (MoST), inaugurated two key initiatives — PECVD system and RETINA incubation centre — at the IACS campus in Kolkata, West Bengal, on the occasion of the 150 years celebrations of the Indian Association for the Cultivation of Science (IACS).
- IACS Significance: Historic institution — birthplace of the discovery of the Raman Effect by Nobel laureate Sir C.V. Raman on February 28, 1928.
- PECVD: Plasma Enhanced Chemical Vapor Deposition system — developed under Ashok Kumar Barua; marks a major step in India’s renewable energy research; used in amorphous silicon solar cell production under Atmanirbhar Bharat.
- RETINA: Research Entrepreneurship for Translation, Innovation and NAvigation — newly inaugurated incubation centre designed to support commercialisation of scientific research and promote startup-driven innovation.
- Milestone: IACS celebrating 150 years — one of India’s oldest and most distinguished scientific institutions.
The Indian Association for the Cultivation of Science (IACS), Kolkata, is where Sir C.V. Raman discovered the Raman Effect on 28 February 1928 — for which he was awarded the Nobel Prize in Physics (1930). 28 February is observed as National Science Day in India.
Inaugurated by MoS (IC) Dr. Jitendra Singh (MoST) at IACS, Kolkata — 150th anniversary. PECVD = Plasma Enhanced Chemical Vapor Deposition (solar cell production). RETINA = Research Entrepreneurship for Translation, Innovation and NAvigation (incubation centre). IACS: birthplace of Raman Effect (28 Feb 1928) by Sir C.V. Raman.
In May 2026, the Department of Administrative Reforms and Public Grievances (DARPG), under the Ministry of Personnel, Public Grievances and Pensions (MoPP&P), launched the NeSDA 2025 Portal for comprehensive assessment of e-governance service delivery.
- NeSDA: National e-Governance Service Delivery Assessment — a biennial assessment framework developed by DARPG to measure the depth and effectiveness of existing e-governance mechanisms from the citizen’s perspective.
- Categories: All government portals assessed are classified into two categories: (1) State, UT, City and Central Ministry Portals; (2) State, UT, City and Central Ministry Service Portals.
- Focus Sectors: Covers G2C and G2B services across finance, labour, employment, education, local governance, utilities, social welfare, environment, tourism, public grievances, and transport.
- Parent Ministry: DARPG under MoPP&P.
NeSDA = National e-Governance Service Delivery Assessment. Launched by: DARPG (under MoPP&P). Assessment type: biennial. NeSDA 2025 Portal launched in May 2026. Covers G2C and G2B services across multiple sectors.
In May 2026, the Cabinet Committee on Economic Affairs (CCEA), chaired by PM Narendra Modi, approved the continuation of the SARTHAK-PDS scheme as an umbrella scheme with a central outlay of Rs 25,530 crore for 5 years during the 16th Finance Commission cycle until 31 March 2031.
| Detail | Fact |
|---|---|
| Full Name | Scheme for Assistance in Ration Transport and Handling–Income with Automation in PDS |
| Central Outlay | Rs 25,530 crore (5 years) |
| Timeline | Up to 31 March 2031 (16th Finance Commission cycle) |
| Beneficiaries | 81.35 crore under NFSA 2013 |
| Coverage | All 36 States and UTs |
| Implementing Dept | DFPD under MoCAF&PD |
- SARTHAK-PDS = Scheme for Assistance in Ration Transport and Handling–Income with Automation in Public Distribution System.
- Coverage: 81.35 crore beneficiaries under the National Food Security Act (NFSA) 2013 across all 36 States and UTs.
- Merges: Two existing schemes: (1) Assistance to State Agencies for intra-state movement of foodgrains and FPS dealers’ margin under NFSA 2013; (2) SMART-PDS (Scheme for Modernisation and Reforms through Technology in PDS).
- Implementation: Department of Food and Public Distribution (DFPD) under MoCAF&PD.
SARTHAK-PDS approved by CCEA (chaired by PM Modi). Outlay: Rs 25,530 crore for 5 years (till 31 March 2031 — 16th Finance Commission cycle). Beneficiaries: 81.35 crore (NFSA 2013) across 36 States & UTs. Merges SMART-PDS + transport & handling scheme. Implemented by DFPD under MoCAF&PD.
In May 2026, Union Minister Shivraj Singh Chouhan (MoAFW) released the Third Advance Estimates of Production of Major Agricultural Crops for 2025–26. India’s total foodgrain production is estimated at 376.563 Million Tonnes (MT) — a 5.3% increase over the previous year’s 357.732 MT, marking the highest-ever foodgrain production in India’s history.
| Crop | Production (MT / units) |
|---|---|
| Total Foodgrain | 376.563 MT (Record) |
| Rice | 154.024 MT (Record) |
| Wheat | 120.657 MT (Record; +2.29% from 117.945 MT) |
| Oilseeds (Total) | 43.059 MT |
| Groundnut | 13.07 MT |
| Soyabean | 12.59 MT |
| Rapeseed & Mustard | 13.76 MT |
| Sugarcane | 500.063 MT |
| Cotton | 29.024 million bales |
| Jute | 9.176 million bales |
Total foodgrain production of 376.563 MT is India’s all-time highest, a 5.3% jump from 357.732 MT in the previous year. Both Rice (154.024 MT) and Wheat (120.657 MT) touched record highs in FY 2025–26.
Released by: Shivraj Singh Chouhan (MoAFW). Total foodgrain: 376.563 MT (record; +5.3%). Rice: 154.024 MT (record). Wheat: 120.657 MT (record). Oilseeds: 43.059 MT. Sugarcane: 500.063 MT. Cotton: 29.024 million bales.
In May 2026, the Ministry of Defence (MoD) issued the Request for Proposal (RFP) for the Advanced Medium Combat Aircraft (AMCA) Programme — India’s first indigenous fifth-generation stealth fighter aircraft project.
| AMCA Detail | Fact |
|---|---|
| Prototype Development Cost | Rs 15,000 crore |
| Prototypes | 5 flying prototypes + 1 structural test aircraft |
| Implementing Agency | ADA (Aeronautical Development Agency) under DRDO |
| Private Contenders | TASL; L&T-BEL-Dynamatic consortium; Bharat Forge-BEML-Data Patterns consortium |
| Manufacturing Hub | 650-acre greenfield facility at Puttaparthi, Andhra Pradesh |
- AMCA: Advanced Medium Combat Aircraft — India’s first indigenous 5th-generation stealth fighter aircraft; a Make in India initiative.
- Cost: Estimated prototype development cost of Rs 15,000 crore for developing five flying prototypes and one structural test aircraft.
- Implementing Agency: Aeronautical Development Agency (ADA) under DRDO.
- Private Sector — First Time HAL Excluded: Private contenders: Tata Advanced Systems Limited (TASL); L&T-BEL-Dynamatic Technologies consortium; Bharat Forge-BEML-Data Patterns consortium.
- Manufacturing Hub: 650-acre greenfield facility and Core Integration and Flight Testing Centre at Puttaparthi, Andhra Pradesh.
Only a handful of nations operate true 5th-generation stealth fighters (USA: F-22/F-35; Russia: Su-57; China: J-20). AMCA will make India the next country to independently develop and produce such an aircraft, closing a key gap in indigenous defence capability.
AMCA = Advanced Medium Combat Aircraft — India’s first 5th-generation stealth fighter. RFP issued by MoD. Cost: Rs 15,000 crore (5 prototypes). Implementing agency: ADA under DRDO. HAL excluded for the first time — private players: TASL; L&T-BEL-Dynamatic; Bharat Forge-BEML-Data Patterns. Manufacturing hub: Puttaparthi, AP (650-acre facility).
In May 2026, Union Minister Jyotiraditya M. Scindia (MDoNER) and CM Dr. Manik Saha launched ‘Tripura Mission Queen Pineapple’ — a Rs 236 crore convergence-led initiative for pineapple cultivation and value chain development in Tripura.
- USP: Promotes Tripura’s GI-tagged Queen Pineapple.
- Timeline: Q2 FY2025–26 to Q4 FY2028.
- Ecosystem: ‘Hub and Spoke’ post-harvest ecosystem — central processing hub near Agartala airport + 8 collection centres across West Tripura, Khowai, and Sepahijala districts.
- Features: IoT-enabled farm monitoring, digital traceability systems, cold storage, and reefer logistics.
- Ministry: MDoNER (Ministry of Development of North Eastern Region).
Launched by: Jyotiraditya M. Scindia (MDoNER) and CM Dr. Manik Saha. Scheme: Tripura Mission Queen Pineapple. Outlay: Rs 236 crore. Promotes: GI-tagged Queen Pineapple of Tripura. Hub: near Agartala airport + 8 collection centres. Features: IoT, cold storage, reefer logistics.
In May 2026, the West Bengal (WB) government officially began enrolment for the Annapurna Yojana, also known as the Annapurna Bhandar scheme, which aims to promote women’s empowerment and support household finances.
- Purpose: Provides monthly financial assistance to eligible women aged between 25 and 60 years who are permanent residents of West Bengal.
- Application Window: 90 days from June 1; applications can be submitted across municipalities and wards through online and offline modes.
- State: West Bengal.
Annapurna Yojana (Annapurna Bhandar) — launched by West Bengal government. Target: women aged 25–60 years (permanent residents of WB). Application window: 90 days from June 1, 2026. Mode: online and offline.
💼 Business & Economy
In May 2026, RITES Limited (formerly Rail India Technical and Economic Service) signed a Memorandum of Understanding (MoU) with CRISIL (Credit Rating Information Services of India Limited) to jointly develop data-driven infrastructure consultancy solutions across multiple sectors in India and overseas.
- Objective: Strengthens analytical and advisory support for infrastructure projects through market intelligence, data validation, financial due diligence, and valuation support.
- Coverage: Enables consultancy projects across transport, energy, water, hydropower, wastewater, and industrial infrastructure sectors.
- RITES: Rail India Technical and Economic Service — a public sector enterprise under the Ministry of Railways.
- CRISIL: Credit Rating Information Services of India Limited — India’s leading ratings, research and risk advisory company.
RITES Limited (Rail India Technical and Economic Service) signed MoU with CRISIL (Credit Rating Information Services of India Limited). Objective: data-driven infrastructure consultancy. Covers: transport, energy, water, hydropower, wastewater, industrial infrastructure.
In May 2026, the Taiwan Stock Exchange surpassed India to become the world’s fifth largest stock market, with market capitalisation reaching USD 4.95 trillion compared to India’s USD 4.92 trillion, amid Foreign Portfolio Investor (FPI) outflows from India.
| Rank | Country / Market |
|---|---|
| 1 | USA |
| 2 | China |
| 3 | Japan |
| 4 | Hong Kong |
| 5 | Taiwan (USD 4.95 trillion) |
| 6 | India (USD 4.92 trillion) |
- Driver: Rise led by Taiwan Semiconductor Manufacturing Company (TSMC); AI-driven semiconductor boom; TSMC shares surged 45–50% in 2026.
- India’s decline factors: FPI outflows, benchmark declines, reduced MSCI Emerging Markets Index weight, slower growth, high valuations, limited AI-linked firms, rising costs, and global capital shifts.
- India’s market cap: USD 4.92 trillion (now 6th largest).
Global stock market ranking (2026): USA > China > Japan > Hong Kong > Taiwan > India. Taiwan market cap: USD 4.95 trillion; India: USD 4.92 trillion. Driver: TSMC (Taiwan Semiconductor Manufacturing Company); TSMC shares up 45–50% in 2026. India slipped to 6th due to FPI outflows.
In May 2026, National Stock Exchange of India Limited (NSE) signed a MoU with Steel Users Federation of India (SUFI) in Mumbai, Maharashtra, to develop the steel and commodity derivatives ecosystem.
- Benefits: Protects steel manufacturers, MSMEs, OEMs, and infrastructure companies against steel price volatility.
- India’s Steel Production: India’s crude steel production increased by nearly 11% year-on-year to 168.4 MT in FY2025–26; projected to reach 300 MT by 2030.
- SUFI: Steel Users Federation of India — represents downstream steel users across industries.
NSE signed MoU with SUFI (Steel Users Federation of India) in Mumbai. Objective: develop steel commodity derivatives ecosystem. India’s crude steel: 168.4 MT (FY26; +11% YoY); target: 300 MT by 2030.
🌐 International News
In May 2026, India and the USA signed a Framework on ‘Securing of Supply in the Mining and Processing of Critical Minerals and Rare Earths’ on the sidelines of the 11th Quad Foreign Ministers Meeting in New Delhi.
| Detail | Fact |
|---|---|
| Signed by (India) | Dr. S. Jaishankar (EAM) |
| Signed by (USA) | Marco Rubio (U.S. Secretary of State) |
| US Funding Commitment | Over USD 30 billion (investments, loans, PPPs) |
| Occasion | 11th Quad Foreign Ministers Meeting, New Delhi |
| Quad Critical Minerals Fund | Up to USD 20 billion (all 4 Quad partners) |
- Signed by: Dr. S. Jaishankar (External Affairs Minister, India) and Marco Rubio (U.S. Secretary of State).
- US Funding: Over USD 30 billion through investments, loans, and public-private partnerships.
- Quad Initiative: A separate critical minerals framework among all four Quad partners (Australia, India, Japan, USA) to mobilise up to USD 20 billion in public-private funding across the Indo-Pacific.
- Quad: Quadrilateral Security Dialogue — Australia, India, Japan, USA.
The 11th Quad Foreign Ministers Meeting was held in New Delhi. The Quad’s critical minerals initiative targets reducing dependence on China, which dominates global rare earth processing. The bilateral India-US framework supplements the broader Quad framework with dedicated funding of over USD 30 billion.
Framework: Securing of Supply in the Mining and Processing of Critical Minerals and Rare Earths. Signed at 11th Quad FMM, New Delhi. Signatories: Jaishankar (India) and Marco Rubio (USA/Secretary of State). US commitment: USD 30 billion+. Quad Critical Minerals Fund: USD 20 billion (Australia, India, Japan, USA — Indo-Pacific).
In May 2026, Janez Jansa, leader of the Slovenian Democratic Party (SDS), was appointed Prime Minister (PM) of Slovenia for the fourth term, succeeding Robert Golob.
- Parliamentary Approval: Received 51 votes in the 90-member National Assembly.
- Background: SDS formed a centre-right coalition with allied parties, ending the political deadlock that followed the 2026 parliamentary elections.
- Party: Slovenian Democratic Party (SDS) — nationalist/centre-right orientation.
- Capital of Slovenia: Ljubljana.
Janez Jansa (SDS — Slovenian Democratic Party) appointed PM of Slovenia for the 4th term. Succeeded Robert Golob. Approval: 51/90 votes in National Assembly. Capital: Ljubljana. Currency: Euro.
🔬 Science & Technology
In May 2026, India’s space startup Red Balloon Aerospace Private Limited launched India’s first indigenous Stratospheric Super Pressure Balloon (SPB) named ‘VISTA’ as part of Mission SANA at Indira Gandhi Stadium, Vijayawada, Andhra Pradesh (AP).
| Detail | Fact |
|---|---|
| Balloon Name | VISTA |
| Mission Name | Mission SANA |
| Launch Site | Indira Gandhi Stadium, Vijayawada, Andhra Pradesh |
| Altitude Reached | ~25 km above Earth |
| Payloads Carried | 07 national and international partners |
| Company | Red Balloon Aerospace Private Limited |
- Achievement: India is now among the world’s five countries with indigenous stratospheric balloon capability: USA, France, Japan, China, and India.
- Platform: VISTA ascended approximately 25 km above Earth; carried payloads from 7 national and international partners.
- Purpose: Test biological experiments, propulsion systems, earth observation sensors, onboard computing platforms, and navigation technologies.
- SPB Technology: Super Pressure Balloon (SPB) technology helps maintain stable altitude for weeks or months without losing gas during day-night temperature changes — unlike conventional zero-pressure balloons.
Super Pressure Balloons (SPBs) maintain a sealed pressurised envelope, allowing stable stratospheric flight for weeks to months, unlike conventional balloons that deflate at night. They are used for long-duration scientific experiments, atmospheric research, and even pseudo-satellite functions at a fraction of satellite costs.
India’s 1st indigenous Stratospheric Super Pressure Balloon (SPB): VISTA. Mission: Mission SANA. Company: Red Balloon Aerospace Pvt Ltd. Launch site: Vijayawada, AP. Altitude: ~25 km. India is the 5th country with SPB capability (after USA, France, Japan, China). Payloads: 7 partners.
🕊️ Obituaries
In May 2026, renowned Urdu poet and Padma Shri awardee Dr. Bashir Badr passed away at the age of 91 in Bhopal, Madhya Pradesh (MP). He was born in 1935 in Ayodhya, Uttar Pradesh (UP).
- Padma Shri: Awarded by the Government of India in 1999 in the field of Literature and Education.
- Sahitya Akademi Award: Received the Sahitya Akademi Award (Urdu) in 1999.
- Literary Legacy: A collection of 69 ghazals is considered a masterpiece of his poetry.
- Born: 1935, Ayodhya, UP. Died: May 2026, Bhopal, MP. Age: 91.
Dr. Bashir Badr — Urdu poet; passed away at 91 in Bhopal, MP. Born: 1935, Ayodhya, UP. Awards: Padma Shri (1999) and Sahitya Akademi Award in Urdu (1999). Known for a collection of 69 ghazals.
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