Daily Current Affairs – 29 May 2026 for aspirants of SSC CGL/CHSL/MTS, IBPS PO/Clerk, SBI PO/Clerk, RBI Grade B, NABARD, RRB and other competitive examinations. The digest below is compiled from credible sources such as the Press Information Bureau (PIB), Reserve Bank of India, UN News, ISRO and leading national dailies.
1. National News
Sikkim declared India’s fully literate state under ULLAS
On 27 May 2026, Sikkim was officially declared a fully literate state under the ULLAS – Nav Bharat Saaksharta Karyakram. The state recorded a literacy rate of 99.82 per cent, becoming one of the first states in India to achieve near-universal literacy under the New Education Policy framework.
India’s first indigenous Hydrogen-Powered Train approved
Indian Railways approved the rollout of India’s first indigenous hydrogen-powered train on the Jind–Sonipat section of Northern Railway (Haryana). Designed by RDSO and manufactured by ICF Chennai, the 10-coach broad-gauge trainset is described as the world’s longest and most powerful hydrogen train.
NITI Aayog convenes first ‘Education to Employment and Enterprise’ meeting
NITI Aayog held the first meeting of the high-powered Education to Employment and Enterprise (EEE) Standing Committee to align India’s education and skilling ecosystem with future labour-market demand.
National Sports Board notified
The Union Government notified the National Sports Governance (National Sports Board) Rules, 2026, establishing the National Sports Board as the apex regulator for sports federations in India.
Enforcement Directorate strength expanded
The Government of India approved a more than 60% increase in the sanctioned manpower of the Enforcement Directorate (ED) to strengthen probes into money-laundering and economic offences.
2. International News
11th NPT Review Conference ends without consensus
The 11th Review Conference of the Nuclear Non-Proliferation Treaty (NPT) concluded on 22 May 2026 at the UN Headquarters, New York, without a consensus declaration. The UN disarmament chief warned that three consecutive failed reviews raise concerns over the long-term viability of the global non-proliferation regime.
India–China hold 35th WMCC meeting in Beijing
India and China held the 35th meeting of the Working Mechanism for Consultation & Coordination on India-China Border Affairs (WMCC) in Beijing on 27 May 2026 to review the situation along the LAC.
India–Japan Strategic Partnership reaffirmed
Prime Minister Narendra Modi reaffirmed the “vital role” of the India-Japan Special Strategic and Global Partnership during a meeting with the Japanese Foreign Minister.
3. News related to Indian Banking and Finance
RBI keeps Repo Rate unchanged at 5.25%
The Reserve Bank of India, in its bi-monthly Monetary Policy Committee (MPC) review for FY 2026-27, kept the repo rate unchanged at 5.25% for the second consecutive meeting, maintaining a neutral stance. The MPC projected real GDP growth at 6.9% and CPI inflation at 4.6% for the current fiscal.
Canara Bank appoints Government Nominee Director
Shalini Pandit was appointed as Government Nominee Director on the Board of Canara Bank with effect from 14 May 2026.
BPCL leadership confirmed
Sanjay Khanna took charge as the Chairman and Managing Director of Bharat Petroleum Corporation Limited (BPCL).
4. News related to International Banking and Finance
European Central Bank holds rates steady
The European Central Bank (ECB) kept its three key policy interest rates unchanged, with the deposit facility rate at 2.15%. The ECB cited inflation close to its 2% target and stable growth as reasons to maintain the “good place” stance.
US Federal Reserve maintains cautious tone
The US Federal Reserve, along with the Bank of England, continued to maintain steady policy rates through April–May 2026, with analysts projecting the Fed to ease toward a neutral setting of around 3.25% later in 2026.
5. International Sports Events
FIFA World Cup 2026 countdown
The FIFA World Cup 2026, jointly hosted by the United States, Canada and Mexico, is set to begin in June 2026. It will be the first edition featuring an expanded 48-team field.
IPL 2026 Final on 31 May
The Indian Premier League (IPL) 2026 Final is scheduled for 31 May 2026 at the Narendra Modi Stadium, Ahmedabad. Royal Challengers Bengaluru (RCB) have qualified for the final after winning Qualifier 1. The other finalist will be decided in Qualifier 2 today between Gujarat Titans (GT) and the winner of the Eliminator (SRH vs RR).
6. Major National & International Appointments
- P. Jawahar (Packirisamy Jawahar) assumed charge as Chairman of the Marine Products Export Development Authority (MPEDA).
- Shalini Pandit – Government Nominee Director, Canara Bank.
- Dileep Sanghani – Chairman, IFFCO-MC Crop Science.
- Srikanth Velamakanni – Chairman, NASSCOM.
- Sanjay Khanna – CMD, BPCL.
- William Walsh – CEO, IndiGo (from April 2026).
7. Resignations / Dismissals
- Pieter Elbers resigned as IndiGo CEO, citing personal reasons; Rahul Bhatia served as Interim CEO before William Walsh’s appointment.
- Campbell Wilson stepped down as CEO of Air India before completing his five-year term.
8. Major Inventions and Discoveries
Chandrayaan-3 wins 2026 AIAA Goddard Astronautics Award
India’s Chandrayaan-3 mission, which achieved the historic soft landing near the Moon’s South Pole on 23 August 2023, has been awarded the prestigious 2026 AIAA Goddard Astronautics Award at the AIAA ASCEND 2026 Conference in Washington DC – a major global recognition of India’s space capabilities.
ISRO unveils new space technology for Gaganyaan
On 27 May 2026, the Indian Space Research Organisation (ISRO) unveiled a new technology aimed at improving life-support systems and orbital manoeuvring capabilities for the upcoming Gaganyaan human spaceflight mission.
Solar power by Women Self-Help Groups
India’s first solar power project operated by women self-help groups – a 1 MW plant at Venkatapuram, Telangana – was inaugurated on 27 May 2026.
Daily Current Affairs Quiz – 29 May 2026
Answer the following 5 questions in the format of SSC / Bank PO examinations. Click an option to select your answer; the correct answers are listed below the quiz.
Answer Key
1. (b) Sikkim | 2. (c) 5.25% | 3. (b) Jind – Sonipat | 4. (b) AIAA Goddard Astronautics Award | 5. (c) United States, Canada and Mexico
Sources: Press Information Bureau (PIB), Reserve Bank of India, UN News, ISRO, AIAA, news on AIR, and leading national dailies.
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