India-UAE Real-Time Digital Payment Corridor Launched
India and UAE signed an agreement to link UPI (Unified Payments Interface) with UAE's Instant Payment Platform (IPP). The corridor enables real-time cross-border payments between the two countries, benefiting India's 3.5 million diaspora in the UAE. The deal was signed during PM Modi's state visit to Abu Dhabi.
National Commission for Women Launches 'Sakhi Niwas' Scheme
NCW launched Sakhi Niwas — a network of safe, subsidised working women's hostels in 50 cities across 18 states. The scheme is funded under the Ministry of Women & Child Development and targets women migrating for employment from Tier 2 and Tier 3 cities.
Cabinet Approves National Quantum Mission Phase 2 — ₹6,003 Crore
The Union Cabinet approved Phase 2 of the National Quantum Mission with an outlay of ₹6,003 crore over 4 years (2026–2030). Phase 2 focuses on quantum computing hardware, quantum communication networks, and quantum sensing applications in defence and healthcare.
SCO Summit 2026 Hosted by India in New Delhi
India chaired the Shanghai Cooperation Organisation (SCO) Summit 2026 in New Delhi. Key outcomes: joint declaration on counter-terrorism cooperation, new SCO energy charter, and India-Russia bilateral trade agreement expansion. China and Pakistan were represented at foreign minister level.
India Elected to UN Human Rights Council for 2027–29 — 147 Votes
India was elected to the UN Human Rights Council (UNHRC) for the 2027–2029 term with 147 votes — the highest among Asia-Pacific candidates. India serves its fifth term on the council, advocating for developing nations' priorities in the human rights framework.
RBI Monetary Policy Committee Cuts Repo Rate by 25 bps to 5.75%
The Reserve Bank of India's Monetary Policy Committee (MPC) voted 4-2 to cut the repo rate by 25 basis points to 5.75%, the second consecutive cut in 2026. The decision was driven by easing core inflation (4.1% in April 2026) and the need to support growth amid global demand slowdown.
IMF Raises India's FY26 GDP Growth to 7.4% — Highest Among G20
The International Monetary Fund revised India's FY2026 GDP growth estimate upward to 7.4% (from 7.0% in April projection) — the highest among G20 economies. Key drivers: domestic consumption recovery, infrastructure spending, and services export growth. India overtook Japan to become the world's 4th largest economy by nominal GDP.
ISRO Successfully Launches PSLV-C61 with EOS-09 Earth Observation Satellite
ISRO's PSLV-C61 successfully placed the EOS-09 Earth Observation Satellite into a 526 km sun-synchronous orbit from Sriharikota. EOS-09 carries a synthetic aperture radar (SAR) payload capable of imaging through clouds — critical for agriculture monitoring, disaster management, and border surveillance.
India Achieves 100 GW Solar Capacity Milestone — 3rd Globally
India crossed the 100 GW installed solar power capacity milestone, becoming the 3rd country (after China and the USA) to achieve this. Solar now constitutes 38% of India's total renewable energy capacity. Rajasthan (26 GW) and Gujarat (18 GW) are the top two states by installed solar capacity.
India Wins ICC Women's T20 World Cup 2026 at Lord's
The Indian women's cricket team won the ICC Women's T20 World Cup 2026 held in England, defeating Australia by 8 wickets in the final at Lord's. Smriti Mandhana was awarded Player of the Tournament. This is the Indian senior women's team's first-ever T20 World Cup title.
Neeraj Chopra Sets New Javelin World Record — 92.78 Metres
Olympic champion Neeraj Chopra set a new javelin throw world record of 92.78 metres at the Diamond League meet in Doha, breaking the previous record of 90.72m set by Jan Železný (Czech Republic) in 1996. This is the first world athletics field record set by an Indian athlete.