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Daily Current Affairs: 14 May 2026

Current affairs of 14 May 2026: Global Forest Goals Report 2026: Fuelwood Drives Forest Degradation; Gold and silver import duty doubled: effective rate 18.4%; Kimberley Process Intersessional Meeting Held in Mumbai, and 8 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)May 2026
11 TOPICSDaily CurrentAffairs14 May 2026In focus: Global Forest Goals Report 2026:…safalsetu.com

In this issue: 11 topics

Government Schemes

  1. VB-G RAM G Act, 2025 to Replace MGNREGA from 1 July 2026
  2. VB-G RAM G Wages: DBT Payment Within 15 Days

Banking & Finance

  1. RBI Cancels Sarvodaya Co-operative Bank Licence, Mumbai

Economy

  1. Gold and silver import duty doubled: effective rate 18.4%

International Affairs

  1. Kimberley Process Intersessional Meeting Held in Mumbai
  2. Indian Ocean Dialogue IOD-10: New Delhi Edition 2026

Science & Technology

  1. MoES AI Monsoon Forecasts: Block-Level and 1-km Rainfall

Environment & Ecology

  1. Global Forest Goals Report 2026: Fuelwood Drives Forest Degradation
  2. India’s First Integrated CCUS Field Lab Opens at IIT Bombay
  3. Great Nicobar Sanctuaries: Tribal Council Alleges FRA Violations

Awards & Persons

  1. Kuljeet Kaur Marhas Elected Fellow of the Meteoritical Society

Government Schemes

Banking & Finance

Economy

International Affairs

Economy

5. Kimberley Process Intersessional Meeting Held in Mumbai

  • India chairs the Kimberley Process for 2026, its third time, since January 1, 2026; the Intersessional Meeting began in Mumbai.
  • India's chair theme is the 3Cs: Credibility, Compliance and Consumer Confidence.
  • KPCS was adopted in November 2002 and launched in January 2003, under UNGA Resolution 55/56.
  • Surat, Gujarat processes about 90% of the world's rough diamonds.
Full notes and 3 MCQs ›
International Relations

6. Indian Ocean Dialogue IOD-10: New Delhi Edition 2026

  • India hosted the 10th Indian Ocean Dialogue (IOD-10) in New Delhi on 7-8 May 2026, themed 'Indian Ocean Region in a Transforming World'.
  • MEA organised it with ICWA and the IORA Secretariat; India chairs IORA for 2025-27.
  • Minister Sarbananda Sonowal said women's share in India's maritime sector has risen 340% since 2020.
  • MAHASAGAR widens the earlier SAGAR doctrine, which Modi outlined in Mauritius in 2015.
Full notes and 3 MCQs ›

Science & Technology

Agriculture & Rural Development

7. MoES AI Monsoon Forecasts: Block-Level and 1-km Rainfall

  • The Ministry of Earth Sciences launched two AI-enabled products for hyper-local, impact-based monsoon forecasts, covering 16 states and over 3,000 blocks.
  • System 1 gives block-level monsoon advance forecasts for 3,196 blocks across 15 states and 1 UT, updated weekly up to 4 weeks ahead.
  • System 2 gives 1-km rainfall forecasts up to 10 days ahead, derived from the Mithuna model and piloted in Uttar Pradesh.
Full notes and 3 MCQs ›

Environment & Ecology

Environment & Ecology

8. Global Forest Goals Report 2026: Fuelwood Drives Forest Degradation

  • The Global Forest Goals Report 2026 was prepared by UNDESA with the UN Forum on Forests Secretariat.
  • World forest area shrank from 4.18 billion ha (2015) to 4.14 billion ha (2025), a net loss of 4.12 million ha yearly.
  • Agricultural expansion stays the top cause of deforestation; fuelwood and charcoal demand is an emerging degradation driver.
  • 91 countries pledged to restore 190 million ha but only 44 million ha was restored by 2025.
Full notes and 3 MCQs ›
Environment & Ecology

9. India’s First Integrated CCUS Field Lab Opens at IIT Bombay

  • Union Education Minister Dharmendra Pradhan inaugurated India's first integrated CCUS field laboratory at IIT Bombay in May 2026, under Bharat Innovates 2026.
  • It is a pilot-scale platform combining carbon capture and utilisation with CO2 storage in basalt, with first scientific drilling in the Deccan Traps.
  • Start-up UrjanovaC, incubated at SINE, IIT-B, scaled up the aqueous capture technology using effluents and seawater.
  • Captured CO2 is turned into high-purity carbonate and bicarbonate salts for steel, cement, petrochemicals and pharmaceuticals.
Full notes and 3 MCQs ›
Polity & Governance

10. Great Nicobar Sanctuaries: Tribal Council Alleges FRA Violations

  • The Tribal Council of Little and Great Nicobar said three sanctuaries notified in October 2022 violated the Forest Rights Act, 2006.
  • The sanctuaries were created to offset ecological damage from the ₹92,000-crore Great Nicobar Island project.
  • The council wants the notifications revoked and the eco-sensitive zone committee dissolved.
  • Jairam Ramesh wrote to Tribal Affairs Minister Jual Oram, arguing FRA consent should come from the Tribal Council.
Full notes and 3 MCQs ›

Awards & Persons

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