08 May, 2026
GK Update
Wed 13 May, 2026
National News
'Annapurna Bhandar Scheme'

- In the first cabinet meeting held in West Bengal—presided over by the newly elected Chief Minister, Suvendu Adhikari—the 'Annapurna Bhandar Scheme' for women received official approval.
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Annapurna Bhandar Scheme:
West Bengal:
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Launch of 'One Case One Data' System and 'Su Sahay'

- Chief Justice (CJI) Surya Kant launched the 'One Case One Data' system and the 'Su Sahay' AI chatbot to make the country's judicial system technology-enabled.
Relevant Facts:
Supreme Court:
Jurisdiction and Powers:
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Kimberley Process Intersessional Meeting 2026

- The Kimberley Process Intersessional Meeting 2026 was inaugurated in Mumbai under India's Chairmanship.
Key Facts:
The Kimberley Process (KP):
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Economy and Banking
The Country's Retail Inflation Rate in April 2026

- In April 2026, the country's retail inflation rate was recorded at 3.48%, which is marginally higher than the 3.40% recorded in March 2026.
- Food inflation rose to 4.20% in April, up from 3.87% in March.
Related Facts:
Consumer Price Index (CPI):
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PSB Record All-Time High Net Profit in FY26

- Public Sector Banks (PSBs) recorded an all-time high net profit of ₹1.98 lakh crore in the financial year 2025-26 (FY26), marking an annual growth of 11.1% year-on-year (y-o-y) compared to the previous year.
- This marks the fourth consecutive year in which government-owned banks have collectively demonstrated robust profitability, signaling a complete recovery of the Indian banking sector from the "Twin Balance Sheet Crisis."
Related Facts:
Public Sector Banks (PSB):
State Bank of India (SBI):
Punjab National Bank (PNB):
Bank of Baroda (BoB):
Canara Bank:
Union Bank of India:
Indian Bank:
Bank of India (BoI):
Central Bank of India:
Indian Overseas Bank (IOB):
UCO Bank:
Bank of Maharashtra:
Punjab & Sind Bank:
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Launch of the 'Bharat Maritime Insurance Pool'

- The Government of India launched the 'Bharat Maritime Insurance Pool' in New Delhi to provide insurance cover to Indian vessels operating on international maritime routes.
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Decline Recorded in Unemployment Rate: According to January-March 2026 Estimates

- According to the estimates from the quarterly bulletin of the Periodic Labour Force Survey (PLFS) for January–March 2026, a decline has been recorded in the Unemployment Rate (UR) in urban areas, while an increase has been observed among regular wage/salaried employees in rural areas.
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Awards and Honors
National Florence Nightingale Award 2026

- The President conferred the National Florence Nightingale Award 2026 upon 15 nursing personnel.
- This honor has been bestowed upon nursing professionals for their exceptional dedication, selfless service, and outstanding contributions to the public health sector.
Related Facts:
National Florence Nightingale Award:
Florence Nightingale:
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Environmental News
India's First Low Emission Zone (LEZ)

- To control and reduce air pollution, India's first Low Emission Zone (LEZ) will be developed in the city of Pune, Maharashtra.
- This initiative has been undertaken to curb rising vehicular pollution within the city and to improve air quality.
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Introduction of the Modern 'Algae Tree' Technology

- For the first time in the country, the modern 'Algae Tree' technology—designed to absorb carbon dioxide from the atmosphere—was introduced in Bhopal.
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Appointments
Prashant Pise Appointed Ambassador to Oman

- Prashant Pise, a senior officer of the Indian Foreign Service (IFS), has been appointed as India's next Ambassador to the Sultanate of Oman.
- This announcement was officially made by the Ministry of External Affairs (MEA) in May 2026.
Key Facts:
Oman:
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Yoweri Museveni: Sworn in as President

- Yoweri Museveni has been sworn in as the President of Uganda for the seventh consecutive term.
- President Museveni has held the presidency for the past 40 years.
- He took the oath of office on May 12, 2026, during a ceremony held at the Kololo Independence Grounds in Kampala, the capital of Uganda.
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