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Today’s major current affairs, which are important for students preparing for government jobs…
NATIONAL
1. N. Rangasamy becomes CM of Puducherry for the 5th time
On 13 May, Natesan Krishnasamy Rangasamy became the Chief Minister of Puducherry for the 5th time. Lieutenant Governor Kailash Nathan administered him the oath at Lok Bhawan.
- Apart from Rangasamy, BJP’s A Namassivayam and AINRC leader Malladi Krishna Rao took oath as cabinet ministers.
- In the results of Puducherry Assembly elections held on May 4, the Rangasamy-led NDA alliance got 16 out of 30 seats.
- N. Rangasamy entered politics in 1988. He was earlier a member of Congress.
- Rangasamy was the Chief Minister from Congress from 2001 to 2006 and again from 2006 to 2008.
- In 2011, it separated from Congress and formed a new party, All India NR Congress (AINRC).
- Rangasamy won the assembly elections in 2011 from AINRC and became the Chief Minister for the third time.
- Puducherry has the status of ‘partial state’ under Article 239A of the Indian Constitution.
N. Rangasamy’s full name is Natesan Krishnasamy Rangasamy.
2. Vijay government wins assembly floor test in Tamil Nadu
Actor-turned-politician C. Joseph Vijay’s government proved its majority in the Tamil Nadu Assembly on May 12 with 144 votes.
- 25 rebel AIADMK MLAs voted in support of the government.
- 118 votes were needed for majority, while Vijay Sarkar got 144 votes.
- The main opposition party DMK walked out of the House proceedings.
- As soon as Chief Minister Vijay assumes office, he has decided to close liquor shops and provide 200 units of free electricity.
- The government has also launched a scheme to provide free bus travel and gold chains for women.
On May 10, Vijay took oath as the 9th CM of Tamil Nadu.
3. India-Oman trade economic agreement comes into effect from June 1
Union Commerce Minister Piyush Goyal held a meeting with the delegation of Oman in New Delhi on 12 May.
- In this meeting, there was talk on implementation of India-Oman Trade Economic Agreement, i.e. CEPA.
- The full name of CEPA is Comprehensive Economic Partnership Agreement.
- After the CEPA agreement, import custom duty on more than 98% Indian products will be eliminated.
- CEPA will come into effect from June 1, 2026. India and Oman had agreed on CEPA in December 2025.
- This agreement will benefit sectors like textiles, engineering goods, pharmaceuticals and automobiles in India.
- Bilateral trade between India and Oman in 2024-25 was approximately US $ 10.6 billion, i.e. more than Rs 1,01,406 crore.
- About 6,000 Indian joint ventures operate in Oman in the fields of petroleum, construction, engineering, health and communications.
- The talks were attended by Commerce Minister Piyush Goyal, Oman’s Commerce Minister Anwar bin Hilal Al Jabri and Foreign Trade and International Cooperation Advisor HE Pankaj Khimji.
4. Approval for expansion of Nagpur International Airport
The Union Cabinet on 13 May approved the expansion of Nagpur International Airport.
- The Union Cabinet chaired by Prime Minister Narendra Modi has approved the modernization of Dr. Babasaheb Ambedkar International Airport, Nagpur.
- This project will be completed under the PPP model, i.e. Public Private Partnership Model.
- This project is part of MIHAN, i.e. Multi-modal International Cargo Hub and Airport at Nagpur.
- MIHAN India Limited, i.e. MIL is a joint venture between Airport Authority of India and Maharashtra Airport Development Company.
- Airport Authority of India holds 49% stake and Maharashtra Airport Development Company holds 51% stake in MIL.
- The plan aims to create capacity to handle 3 crore passengers every year.
- Apart from this, the lease period of Airport Authority of India (AAI) land will also be extended beyond August 6, 2039.
- The expansion of Nagpur International Airport aims to boost regional air connectivity.
Information and Broadcasting Minister Ashwini Vaishnav informed about getting approval for the expansion of Nagpur International Airport.
International
4. Indian Rupee reaches historic low of 95.74
On May 13, the Indian rupee reached its lowest level ever.
- The value of rupee has fallen due to the strength of the US dollar in the international market.
- Now 1 US dollar has reached equal to 95.74 Indian rupees.
- The main reason for the fall of Rupee is the massive withdrawal of money from the Indian stock market by Foreign Institutional Investors (FIIs).
- Rising crude oil prices have also put additional pressure on the rupee.
- Due to weakening of rupee, imports will become expensive for India, due to which there is a danger of inflation increasing.
5. Cyber Crime Coordination Center signs MoU with RBI Innovation Hub
On May 12, the Indian Cyber Crime Coordination Center (I4C) signed an MoU with the Reserve Bank Innovation Hub.
- This MoU will help in combating cyber fraud and detecting hidden accounts.
- Under this MoU, I4C and RBI will work together for intelligence sharing and analytical support related to fraud.
- The full name of I4C is Indian Cyber Crime Coordination Centre.
- The objective of this MoU is to detect fraud accounts and reduce fraud risk.
- Fake accounts or fraud accounts are those bank accounts which are used by fraudsters to transfer money obtained from cyber crime.
- This MoU will make India’s digital payment system more secure and simple.
- The MoU took place in the presence of I4C Inspector General Roopa M, RBIH (Reserve Bank Innovation Hub) CEO Sahil Kinney and RBI Deputy Governor Rohit Jain.
DEATH
6. Writer Radhakrishnan Pillai passes away
Writer Dr. Radhakrishnan Pillai passed away on 12 May. He was 50 years old.
- Dr. Pillai was a distinguished writer. Dr. Pillai wrote a total of 24 books in his career.
- Dr. Radhakrishnan did his PhD on Kautilya’s economics.
- Dr. Radhakrishnan did post graduation in Sanskrit while he was a commerce student.
- Dr. Radhakrishnan has been the Chief Mentor at Chanakya Anvikshiki Private Limited since 2014.
- Dr. Radhakrishnan was also the Director of Chanakya International Institute of Leadership Studies, Mumbai University since 2016.
- Dr. Pillai’s best-selling books include Corporate Chanakya (2010), Chanakya in You (2015), Chanakya in Daily Life (2016), Chanakya and the Art of War (2019), and 100 Best Sutras of Chanakya.
Dr. Radhakrishnan Pillai was originally from Kerala.
Miscellaneous
7. Indonesia’s Foreign Minister Sugiono came to India
On May 13, Indonesian Foreign Minister Sugiono reached Indira Gandhi International Airport in New Delhi.
- Sugiono has come to India to participate in the 18th BRICS meeting.
- The BRICS Foreign Ministers’ meeting will begin on May 14 in New Delhi, which will be chaired by External Affairs Minister Dr. S. Jaishankar.
- Sugiono will also meet PM Modi after attending the BRICS meeting.
- On January 13, India officially assumed the chairmanship of the 18th BRICS 2026 meeting.
- The name BRICS is made up of the initial letters of its founding member countries – Brazil, Russia, India, China and South Africa.
- Egypt, Ethiopia, Iran, UAE and Indonesia later became full members of this forum.
2026 marks the completion of 20 years of the establishment of BRICS, which was formed in 2006.
History of May 14th
- Israel declared its independence in 1948.
- In 1981, NASA launched space vehicle S-192.
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