One Liner Current Affairs – 26 May 2026

National

• NEET Paper Leak Case: Supreme Court sought a detailed response from the Centre and NTA on allegations of a NEET paper leak. Keeps focus on examination reforms, transparency, and education governance in India.
• National Sports Board & Tribunal Rules, 2026 Notified: Sports Ministry notified rules under the National Sports Governance Act, 2025. The National Sports Board (Chairperson + 2 members) will be the central authority for recognising National Sports Bodies; the Tribunal will resolve sports disputes within 90 days, reducing reliance on civil courts.
• Padma Awards 2026: President Droupadi Murmu conferred Padma Awards on 66 personalities at Rashtrapati Bhavan on 25 May. Hema Malini received the Padma Vibhushan posthumously on behalf of late actor Dharmendra.
• NIBE Defence Complex Inaugurated: Defence Minister Rajnath Singh inaugurated the NIBE Group’s private defence manufacturing complex in Shirdi, Maharashtra. Strengthens Maharashtra as a private-sector defence manufacturing hub under “Aatmanirbhar Bharat”.
• BHAVYA Scheme Guidelines: DPIIT released operational guidelines for the BHAVYA (Bharat Audyogik Vikas Yojna) Scheme. A Central Sector Scheme aligned with Make in India and PM Gati Shakti, aimed at developing investment-ready, world-class industrial infrastructure.
• ITBP All-Women Everest Expedition: ITBP completed its first-ever all-women Mount Everest expedition. A landmark for gender representation in India’s paramilitary mountaineering history.
• Heatwave Update: Banda (UP) and Brahmpuri (Vidarbha, Maharashtra) recorded India’s highest temperature at 47.6 °C. Hotter weather has also damaged Maharashtra’s famed Alphonso (King of Mangoes) crop.

Economy & Banking

• Fuel Price Hike: Petrol up ~₹2.6/litre and diesel up ~₹2.7/litre — the 4th hike in under two weeks. Has direct implications for inflation, transport costs, and monetary policy.
• Core Sector Growth: India’s 8 core infrastructure sectors grew ~1.7% in April 2026. Indicates modest momentum in coal, electricity, steel, cement, refinery products, crude, natural gas, and fertilisers.
• RBI Cancels Bank Licence: RBI cancelled the licence of Yashwant Co-operative Bank, Phaltan (Maharashtra). Highlights RBI’s supervisory role and the fragility of small co-operative banks.
• DICGC Deposit Cover: Deposit insurance cover under DICGC reaffirmed at ₹5 lakh per depositor per bank. Important static GK figure for banking awareness.
• Eurobank India Entry: Eurobank of Greece opened its representative office in Mumbai. Reflects deepening India–Europe financial ties.
• Rafale Deal: Centre finalised a ~₹3.25 lakh crore proposal to procure 114 Rafale jets from France. One of India’s largest fighter jet procurements, boosting IAF combat strength.

International / Appointments

• Rob Jetten – Netherlands PM: Rob Jetten has assumed office as the Prime Minister of the Netherlands. He becomes one of Europe’s youngest sitting PMs, leading a new coalition government.
• ONOS – Royal Society of Chemistry: RSC joined India’s “One Nation One Subscription” scheme. Gives Indian researchers free access to RSC’s premier chemistry journals.

Sports

• National Pole Vault Record: Dev Kumar Meena and Kuldeep Kumar set a new national pole vault record. A significant milestone in Indian athletics ahead of upcoming international meets.
• Premier League Golden Boot: Erling Haaland won the EPL Golden Boot for the 3rd time in 4 seasons. Cementing his position as one of the most prolific strikers in modern football.
• UN Gender Advocate Award 2025: Major Abhilasha Barak received the United Nations Gender Advocate Award. Recognised for promoting gender equality during UN peacekeeping service.
• PFRDA APY Award: Karnataka Grameena Bank won the PFRDA award for outstanding Atal Pension Yojana (APY) enrolment. Highlights the role of regional rural banks in expanding pension coverage.

Important Day

• International Day to End Obstetric Fistula (23 May): Observed annually by the UN to raise awareness about this preventable childbirth injury. Aims to support affected women and girls, especially in developing nations.