Current Affairs

Daily Current Affairs: 14 May 2026 Important Current Affairs

Daily current affairs
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Key Highlights

  • N. Rangasamy takes oath as Chief Minister of Puducherry for the 5th time.
  • BRICS Foreign Ministers meeting begins in New Delhi.
  • Central government increases MSP for 14 Kharif crops for the 2026-27 season.
  • Import tariff on gold and silver raised from 6 percent to 15 percent.
  • Read the full article and attempt our quiz to test your preparation.

Today is 14 May 2026. This article covers a roundup of significant national and international events. For daily updates, keep following our portal.

Table of Contents

Political and Administrative Decisions

N. Rangasamy’s 5th Term in Puducherry

All India NR Congress leader N. Rangasamy has been sworn in as the Chief Minister of Puducherry for the fifth consecutive time. The oath was administered by Lieutenant Governor K. Kailashnathan.

Related Static GK

  • Puducherry is a Union Territory that possesses its own legislative assembly.
  • It has 30 elected and 3 nominated seats.
  • The territory is geographically comprised of four distinct districts.

BRICS Meeting in New Delhi

The BRICS Foreign Ministers meeting is underway on 14 and 15 May 2026 at Bharat Mandapam, New Delhi. External Affairs Minister Dr. S. Jaishankar is presiding over the summit, where discussions are focusing on West Asian geopolitical tensions and strengthening strategic cooperation among member nations.

Related Static GK

  • BRICS is a group consisting of five emerging economies: Brazil, Russia, India, China, and South Africa.
  • India holds the presidency for the annual BRICS meeting in 2026.

CBI Director Selection Committee

The process to appoint the next CBI Director has commenced. The high-level selection committee includes the Prime Minister, the Leader of the Opposition in the Lok Sabha, and the Chief Justice of India.

Related Static GK

  • The CBI is India’s premier investigative agency tasked with handling anti-corruption cases.
  • Its powers are derived from the Delhi Special Police Establishment Act, 1946.

Economic and Agricultural Updates

Hike in Kharif Crops MSP

The government has approved an MSP increase for 14 Kharif crops for the 2026-27 season. Sunflower Seed saw the highest hike, with an increase of INR 622 per quintal.

Related Static GK

  • The Commission for Agricultural Costs and Prices (CACP) recommends the MSP for crops.
  • Currently, India announces MSP for 23 crops and the FRP for sugarcane.

Import Tariff on Gold and Silver

To stabilize foreign exchange reserves, the central government has hiked the effective import tariff on gold and silver from 6 percent to 15 percent. This move includes raising the Basic Customs Duty to 10 percent and the Agricultural Infrastructure Development Cess (AIDC) to 5 percent.

Related Static GK

  • Import tariffs are used as a tool to regulate domestic market balance.
  • The Reserve Bank of India (RBI) is the custodian of India’s foreign exchange reserves.

Other Important Events

Launch of ‘SEHAT’ Mission

To integrate agriculture, nutrition, and public health, the ICMR and ICAR have jointly launched the ‘SEHAT’ (Science Excellence for Health through Agricultural Transformation) mission.

Education and Child Welfare Programs

The government has extended the ‘Samagra Shiksha’ and ‘PM POSHAN’ schemes temporarily until 30 September 2026. Notably, ‘Samagra Shiksha’ was formed in 2018 by merging the Sarva Shiksha Abhiyan and Rashtriya Madhyamik Shiksha Abhiyan.

Kanakagiri Utsav in Karnataka

The Kanakagiri Utsav 2026 has kicked off in the Koppal district of Karnataka. This event aims to promote local culture and tourism, with a special drone show being a highlight this year.

World Migratory Bird Day

This day was observed on 9 May. The theme for 2026 is “Every Bird Counts: Your Observation Matters.” It is celebrated twice a year, on the second Saturday of May and October.

Uganda’s Presidency

Yoweri Museveni has taken the oath for his seventh term as the President of Uganda. He has been in power since 1986.

Related Static GK

  • Kampala is the capital of the East African nation of Uganda.
  • Lake Victoria is a major geographical feature of Uganda.

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Manoj Bera

Manoj Bera

Manoj Bera, a passionate writer, has been blogging since 2018 while also working as an educator for all competitive exam preparation. His blog posts reflect her love for exploring the world through engaging writing. more>>

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