RBI raises daily CRR maintenance requirement to 99%.
Dated: 14 October 2026
The Reserve Bank of India raised banks’ minimum daily Cash Reserve Ratio maintenance requirement from 90% to 99%, effective from the fortnight beginning October 16, 2026.
Key Highlights:
1. Banks must maintain 99% of the prescribed CRR every day during the 15-day reporting fortnight.
2. The change reduces banks’ ability to offset a daily reserve shortfall later in the fortnight.
3. It is intended to tighten day-to-day liquidity management in the banking system.
4. System liquidity surplus was Rs.3.92 lakh crore and average LAF surplus was Rs.5.9 lakh crore in October 2026.
5. RBI may use VRRR auctions and open market operations to absorb liquidity.
Additional Information:
1. RBI was established on April 1, 1935 and nationalised on January 1, 1949.
2. CRR is the share of NDTL that banks keep as cash with RBI.
ICMR to establish India’s first high-altitude health research centre in Keylong.
Dated: 14 October 2026
Union Health Minister J. P. Nadda was scheduled to lay the foundation stone of India’s first dedicated high-altitude health research centre at Keylong, Himachal Pradesh, on October 12, 2026.
Key Highlights:
1. The facility is named ICMR Centre for High Altitude Medicine and Public Health Research, or ICMR-CHAMP.
2. It will operate under the Department of Health Research in the Health Ministry.
3. Research will cover high-altitude physiology, acclimatisation and mountain medicine.
4. It will study climate-sensitive, infectious and non-communicable diseases and disaster medicine.
5. Telemedicine, drone-enabled health logistics and real-time surveillance will be integrated.
Additional Information:
1. ICMR began in 1911 as the Indian Research Fund Association and was renamed in 1949.
2. Keylong is the administrative headquarters of Lahaul and Spiti district.
India Post and Blue Dart sign nationwide parcel services agreement.
Dated: 14 October 2026
The Department of Posts and Blue Dart Express Limited signed a strategic agreement in New Delhi on October 9, 2026 to strengthen nationwide parcel delivery.
Key Highlights:
1. Blue Dart will use India Post’s network of 1.64 lakh post offices.
2. The partnership covers prepaid and Cash on Delivery parcels.
3. OTP-based delivery authentication and real-time shipment tracking will be offered.
4. It targets last-mile delivery in urban, semi-urban, rural and remote areas.
5. The objective is to support e-commerce growth through efficient parcel movement.
Additional Information:
1. The Department of Posts works under the Ministry of Communications.
2. India Post operates the world’s largest postal network.
INS Trishul reaches Plymouth for Exercise KONKAN-26.
Dated: 14 October 2026
Indian Navy guided-missile stealth frigate INS Trishul arrived at Plymouth, United Kingdom, on October 11, 2026 to join the annual bilateral maritime exercise KONKAN-26.
Key Highlights:
1. The Indian Navy and the United Kingdom’s Royal Navy conduct the exercise.
2. KONKAN-26 was scheduled off Plymouth from October 8 to 15, 2026.
3. Its harbour phase includes professional interaction, cross-deck visits and cultural events.
4. The sea phase covers air, surface and sub-surface drills.
5. Activities include air defence, cross-deck flying, firing, seamanship and anti-submarine warfare.
Additional Information:
1. Exercise KONKAN is an annual India-UK bilateral maritime exercise.
2. INS Trishul is a Russia-built Talwar-class frigate commissioned in 2003.
Keya Badugu wins Southern India Golf Championship ladies title.
Dated: 14 October 2026
Delhi golfer Keya Kumar Badugu won the ladies title at the IGU Bio-Gen Rotary Southern India Golf Championship in Bengaluru on October 9, 2026.
Key Highlights:
1. The event was played at the Karnataka Golf Association course.
2. Badugu defeated Kolkata’s Anaahat Bindra in a playoff.
3. Both golfers finished 54 holes at one-under-par 215.
4. Priya Kumari placed third with an aggregate 220.
5. Badugu made birdies on the 15th, 16th and 17th holes to erase a two-stroke deficit.
Additional Information:
1. The Indian Golf Union is the apex governing body for golf in India.
2. Karnataka Golf Association was established in 1973 in Bengaluru.
SEBI notifies Settlement Regulations 2026 with fast-track route.
Dated: 14 October 2026
SEBI notified the Settlement Regulations, 2026 on October 6, introducing a revised settlement formula and a fast-track route for cases up to Rs.10 lakh.
Key Highlights:
1. Fast-track cases move from the internal committee directly to a panel of whole-time members.
2. The route covers violation-based and monetary-threshold categories.
3. The base amount is linked to the minimum statutory penalty for the violation.
4. Adjustments consider the proceeding stage, seriousness and legal costs.
5. Settlement terms include payment, disgorgement and Remedial and Regulatory Terms.
Additional Information:
1. SEBI became a statutory body on April 12, 1992 under the SEBI Act.
2. SEBI is headquartered in Mumbai and regulates India’s securities market.
Indian Navy launches next-generation patrol vessel Shreyas.
Dated: 14 October 2026
The Indian Navy launched the next-generation offshore patrol vessel Shreyas, Yard 3040, at GRSE’s Kolkata shipyard on October 10, 2026.
Key Highlights:
1. Shreyas means Best or Most Excellent in Sanskrit.
2. GRSE Kolkata and Goa Shipyard are concurrently building the indigenous NGOPVs.
3. Reyman Kochhar launched the vessel in the presence of Vice Admiral Ajay Kochhar.
4. Missions include maritime surveillance and search and rescue.
5. It can protect offshore assets, counter piracy and conduct humanitarian relief.
Additional Information:
1. GRSE is a Miniratna Category I company under the Ministry of Defence.
2. Goa Shipyard is located at Vasco da Gama and was established in 1957.
DST and Science Ministry launch multilingual websites in 22 languages.
Dated: 14 October 2026
Union Minister Jitendra Singh launched redesigned websites of the Department of Science and Technology and Ministry of Science and Technology on October 9, 2026.
Key Highlights:
1. Bhashini integration makes scientific content available in 22 languages.
2. DST and the National Informatics Centre jointly redeveloped the portals.
3. They comply with DBIM 3.0 and GIGW 3.0 standards.
4. A content delivery network supports speed and stability during heavy traffic.
5. Security includes SSL/TLS encryption and CERT-In compliance.
Additional Information:
1. NIC was established in 1976 and is attached to MeitY.
2. DST was established in May 1971 to promote science and technology in India.
Justice K. V. Viswanathan to chair judicial well-being committee.
Dated: 14 October 2026
Chief Justice of India Surya Kant constituted a Standing Committee on Judicial Well-being on October 11, 2026 under Supreme Court judge Justice K. V. Viswanathan.
Key Highlights:
1. The committee will address occupational stress and welfare of judicial officers.
2. Members include Savita Malhotra, Rajat Mitra, Mrinal Kanwar and Aarti Singh.
3. The initiative follows research on infrastructure, workload and staffing shortages in district courts.
4. It will identify challenges and coordinate health and wellness measures for judges.
5. It aligns with the Nauru Declaration on Judicial Well-being adopted on July 25, 2024.
Additional Information:
1. International Day for Judicial Well-being is observed on July 25.
2. The Supreme Court of India was established on January 28, 1950.
Shinzo Abe Memorial Corridor inaugurated in Varanasi.
Dated: 14 October 2026
The Shinzo Abe Memorial Corridor was inaugurated at the Rudraksh Convention Centre in Varanasi on October 8, 2026 to commemorate India-Japan ties.
Key Highlights:
1. Akie Abe and Uttar Pradesh Chief Minister Yogi Adityanath jointly opened the memorial.
2. Plans include a 500-acre Japan City near Jewar Airport and a Yamanashi Desk at Invest UP.
3. About 1,400 Japanese companies operate in India.
4. Uttar Pradesh and Yamanashi are pursuing a green-hydrogen pilot project.
5. India and Japan cooperate on the Mumbai-Ahmedabad bullet train and metro projects.
Additional Information:
1. Shinzo Abe received the Padma Vibhushan in 2021.
2. Rudraksh Convention Centre was built with JICA assistance and inaugurated in 2021.
IIT Ropar awards first MTech Defence Technology degrees.
Dated: 14 October 2026
IIT Ropar awarded its first MTech Defence Technology degrees to 59 officers of the Armoured Corps Centre and School on October 9, 2026.
Key Highlights:
1. Degrees were presented at ACC&S in Ahilyanagar, Maharashtra.
2. IIT Ropar and ACC&S jointly designed the programme for Indian Army needs.
3. It focuses on defence applications, applied research and technology-led solutions.
4. Joint research includes armoured vehicles, advanced armaments and new materials.
5. It is the first IIT postgraduate degree customised specifically for military applications.
Additional Information:
1. IIT Ropar was established in 2008 at Rupnagar, Punjab.
2. ACC&S is the premier training institution of the Indian Army’s armoured wing.
DGCA grants type certificate to KOAIR-10L agricultural drone.
Dated: 14 October 2026
DGCA granted a Type Certificate to Chennai-based Kothari Industrial Corporation Limited for its KOAIR-10L unmanned aircraft system on October 9, 2026.
Key Highlights:
1. KOAIR-10L is a medium-class hexacopter for industrial use.
2. It has a 10-litre tank.
3. The drone is designed for spraying agrochemicals in agriculture.
4. Certification was issued under the Drone Rules, 2021.
5. The company disclosed the achievement to the Bombay Stock Exchange.
Additional Information:
1. DGCA is the civil aviation regulator under the Ministry of Civil Aviation.
2. The Drone Rules, 2021 established the Digital Sky single-window platform.
Indian Navy commissions third indigenous ASW craft Mangrol.
Dated: 14 October 2026
The Indian Navy scheduled the commissioning of Mangrol, its third Anti-Submarine Warfare Shallow Water Craft, at Mumbai Naval Dockyard on October 12, 2026.
Key Highlights:
1. Cochin Shipyard designed and built the vessel under Make in India and Aatmanirbhar Bharat.
2. More than 80% of its content is indigenous.
3. Three diesel engines and waterjet propulsion provide high manoeuvrability.
4. It carries Abhay hull-mounted sonar and the Maareech torpedo-decoy system.
5. Its roles include coastal anti-submarine warfare, underwater surveillance and low-intensity operations.
Additional Information:
1. Mangrol is named after a coastal town and fishing harbour in Gujarat’s Junagadh district.
2. The ASW-SWC project will replace the Navy’s Abhay-class ships.
BRICS traditional and indigenous sports games held in Ahmedabad.
Dated: 14 October 2026
The Ministry of Youth Affairs and Sports organised the BRICS Traditional and Indigenous Sports Demonstration Games 2026 in Ahmedabad on October 12, 2026.
Key Highlights:
1. The venue was Veer Savarkar Sports Complex under India’s BRICS chairship.
2. The Union ministry and Gujarat government jointly organised the event.
3. It was a non-competitive platform for demonstrations, documentation and practitioner interaction.
4. Indian sports included Mallakhamb, Yogasana and Kalaripayattu.
5. International displays included Wushu, Capoeira, Gorodki, Zoorkhaneh and Tegel.
Additional Information:
1. BRIC was formed in 2006 and South Africa joined in 2010.
2. The New Development Bank is headquartered in Shanghai.
PM Dhan-Dhaanya Krishi Yojana completes one year.
Dated: 14 October 2026
PM Dhan-Dhaanya Krishi Yojana completed its first year on October 11, 2026 after its formal launch on October 11, 2025.
Key Highlights:
1. The Cabinet approved the six-year scheme for 2025-26 to 2030-31 on July 16, 2025.
2. It covers 100 aspirational agricultural districts.
3. Selection uses low productivity, low cropping intensity and low farm-credit disbursement.
4. The programme converges 36 central schemes across 11 ministries and departments.
5. Progress is tracked using 121 indicators and monthly dashboard rankings.
Additional Information:
1. PM-DDKY FPO Sangam in December 2025 included 72 FPOs from 15 states and 33 districts.
2. The Agriculture Ministry is headquartered at Krishi Bhawan, New Delhi.
NASA computing pioneer Margaret Hamilton passes away at 90.
Dated: 14 October 2026
Computer scientist Margaret Hamilton, who led development of NASA’s Apollo onboard flight software, died at the age of 90 on September 30, 2026.
Key Highlights:
1. She directed the Software Engineering Division at MIT Instrumentation Laboratory.
2. Her priority-driven software managed the Apollo 11 computer’s 1202 overload alarm.
3. The system discarded low-priority tasks and protected mission-critical landing operations.
4. Hamilton received the Presidential Medal of Freedom in 2016.
5. She also received the NASA Exceptional Space Act Award and entered the National Aviation Hall of Fame.
Additional Information:
1. NASA was established in 1958 and is headquartered in Washington, D.C.
2. Apollo 11 achieved the first human Moon landing on July 20, 1969.
INS Sahyadri arrives in Russia for Exercise INDRA-2026.
Dated: 14 October 2026
INS Sahyadri arrived at Vladivostok, Russia, on October 10, 2026 for bilateral maritime exercise INDRA-2026 scheduled from October 13 to 18.
Key Highlights:
1. The Indian Navy and Russian Federation Navy participate in the exercise.
2. The harbour phase includes professional interaction, maritime activities and cultural events.
3. The sea phase focuses on coordinated operations and interoperability.
4. The deployment supports India’s MAHASAGAR maritime vision.
5. It followed the 23rd India-Russia Annual Summit held on December 4-5, 2025.
Additional Information:
1. INS Sahyadri is an indigenous Shivalik-class stealth multi-role frigate commissioned in 2012.
2. Exercise INDRA began as a bilateral naval exercise in 2003 and became tri-service in 2017.
Goa Shipyard commissions Indian Coast Guard ship ICGS Ajit.
Dated: 14 October 2026
Goa Shipyard Limited commissioned Indian Coast Guard ship ICGS Ajit, Yard 1277, in Mumbai on October 9, 2026.
Key Highlights:
1. The vessel was indigenously designed and constructed by Goa Shipyard.
2. Dr. Sirish Choudhary, Principal Integrated Financial Adviser of the Coast Guard, was chief guest.
3. DIG Manoj Bhatia, District Commander of CGDHQ-11, attended the ceremony.
4. The ship supports maritime security under Aatmanirbhar Bharat and Make in India.
5. Goa Shipyard was established in 1957 at Vasco da Gama.
Additional Information:
1. The Indian Coast Guard was established on August 18, 1978 under the Coast Guard Act.
2. The Coast Guard works under the Defence Ministry and uses the motto Vayam Rakshamah.
Chennai Metro opens 15 km Poonamallee-Vadapalani elevated stretch.
Dated: 14 October 2026
Prime Minister Narendra Modi inaugurated the approximately 15 km elevated Poonamallee-Vadapalani stretch of Chennai Metro on October 11, 2026.
Key Highlights:
1. The corridor includes 11 elevated metro stations.
2. It connects suburban Poonamallee with the commercial hub of Vadapalani.
3. The entire stretch is an elevated metro system.
4. Tamil Nadu Chief Minister Vijay attended the inauguration.
5. The project expands rapid transit connectivity in Chennai.
Additional Information:
1. Chennai Metro Rail Limited is a joint venture of the Union and Tamil Nadu governments.
2. Chennai Metro’s first Phase 1 service began in June 2015.