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CURRENT AFFAIRS – 21 MAY 2026
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ECONOMY
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UN Cuts India’s 2026 GDP Growth Forecast
✅ United Nations reduced India’s 2026 GDP forecast from 6.6% to 6.4%
✅ Reason: global uncertainty & West Asia crisis
✅ India still among fastest-growing major economies
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Index of Eight Core Industries Grows 1.7%
✅ ICI grew 1.7% in April 2026
✅ Highest weightage: Refinery Products (28.04%)
✅ Measures performance of 8 core industries
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STATES
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Arunachal Kiwi Mission Launched
✅ Union Minister
Jyotiraditya Scindia launched ₹167 crore Arunachal Kiwi Mission
✅ Focus on cluster-based kiwi cultivation & value chain development
✅ Brand initiative: “Arunachal Organic Kiwi”
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Delhi Launches ‘Hauslon ki Udaan’ Talent Hunt
✅ Delhi Government launched Hauslon ki Udaan 2026–27
✅ Budget allocation: ₹10 crore
✅ Youth aged 16–35 can participate
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Delhi IGI Airport Air Train Project
✅ India’s first driverless airport air train planned at IGI Airport
✅ 7.7 km network connecting terminals & Aerocity
✅ Estimated cost: ₹2,000–4,000 crore
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NATIONAL
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Project Cheetah Reaches Major Milestone
✅ India’s cheetah population increased to 53
✅ Includes 33 cubs born in India
✅ Kuno National Park remains primary project base
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India Notifies E30 Petrol Standards
✅ India notified standards for petrol blended with 30% ethanol
✅ Extends roadmap beyond current E20 target
✅ BIS also notified standards for E22, E25 & E27 fuels
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Bharat Tex 2026 Mobile App Launched
✅ Ministry of Textiles launched Bharat Tex 2026 app
✅ Supports digital event management & networking
✅ Bharat Tex 2026 scheduled at Bharat Mandapam, New Delhi
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INDIA & THE WORLD
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India Becomes Bangladesh’s Second Largest Trading Partner
✅ India surpassed the United States in Bangladesh trade rankings
✅ India accounted for 8.47% of Bangladesh’s total external trade
✅ China remains Bangladesh’s top trading partner
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UK & Denmark Launch Renewable Energy Platform for India
✅ British International Investment & Copenhagen Infrastructure Partners launched $300 million “North Star” platform
✅ Focus on solar, wind, hybrid & storage projects in India
✅ Supports India’s clean energy transition goals
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India-UAE Trade Crosses $100 Billion
✅ India-UAE bilateral trade crossed $100 billion under CEPA
✅ Target set at $200 billion by 2032
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AGREEMENTS & MoUs
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Bharat Forge to Establish Marine Gas Turbine Facility
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Bharat Forge signed MoU with Andhra Pradesh Government
✅ India’s first private-sector marine gas turbine facility to be set up in Visakhapatnam
✅ Supports Atmanirbhar Bharat in defence sector
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AWARDS & RECOGNITIONS
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PM Modi Receives FAO Agricola Medal
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Narendra Modi received Agricola Medal 2026 from FAO in Rome
✅ Award recognises contribution to food security & sustainable agriculture
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IMPORTANT DAYS
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World Metrology Day – 20 May
✅ 2026 Theme: “Metrology: Building Trust in Policy Making”
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SCIENCE & TECHNOLOGY
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Google & Blackstone Launch AI Cloud Venture
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Google and
Blackstone launched $5 billion AI cloud venture
✅ Venture based on Google’s TPU chips for AI workloads
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DEFENCE
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DRDO Successfully Tests ULPGM-V3 Missile
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Defence Research and Development Organisation tested indigenous ULPGM-V3 missile
✅ Supports both air-to-ground & air-to-air modes
✅ Range: up to 10 km
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Exercise PRAGATI 2026 Begins in Meghalaya
✅ Multilateral military exercise PRAGATI 2026 commenced at Umroi, Meghalaya
✅ Participation from 12 friendly nations including Bhutan, Nepal & Vietnam
✅ PRAGATI stands for Partnership of Regional Armies for Growth and Transformation in the Indian Ocean Region
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