1 May 2026 Current Affairs

May 01, 2026

One-Liners Current Affairs Daily 1 May 2026.

Union Minister Mansukh Mandaviya announced the implementation of a new digital platform named E-PRAAPTI which will enhance transparency, efficiency, and ease of use in EPFO services.
Maharashtra Cabinet under the leadership of Chief Minister Devendra Fadnavis has passed the Maharashtra Artificial Intelligence Policy 2026 to make the state a major AI hub.

Bengaluru Police is the first Indian police to use AI technology in emergency response systems, with the introduction of a multilingual functionality into the Namma 112 emergency response system.
Prime Minister Narendra Modi opened the Ganga Expressway in Hardoi, Uttar Pradesh, enhancing connectivity and infrastructure in the region.
The Ministry of Panchayati Raj published the 2.0 Panchayat Advancement Index report which showed that rural governance and development indicators were improving.
The highest level of participation since Independence was 92.47 in West Bengal Assembly elections, which were in history.
Reserve Bank of India introduced a national mission called Mission SAKSHAM that aimed at building the operational capacity of Urban Co-operative Banks.
The Department of Financial Services is undertaking reforms to improve the efficiency of workforce and governance standard in Public Sector Banks.
Reserve Bank of India has proposed new rules that move towards the Expected Credit Loss (ECL) asset classification and provisioning model, which will be effective as of April 2027.
Flipkart has also implemented biometric authentication of card payments, together with Axis Bank and PayU, instead of OTP-based authentication.
The Cheque Truncation System (CTS) has gone on to simplify the banking process even more by offering means of clearing cheques digitally by transmitting electronic images of the cheques, without any physical movement.
UNESCO has included 12 new Global Geoparks adding to a total of 241 in 51 countries.
In May 2026, the United Arab Emirates formally withdrew OPEC and OPEC+, marking a strategic change to its oil policy.
Parminder Singh has been appointed as the Chief Executive Officer of Reliance Enterprise Intelligence Limited to spear-head its AI related initiatives.
Bharat Heavy Electricals Limited entered into a technology transfer agreement with the Naval Science and Technological Laboratory of the Defence Research and Development Organisation to enhance the indigenous defence capability.
In Visakhapatnam, Union Minister Ashwini Vaishnaw and Andhra Pradesh Chief Minister N. Chandrababu Naidu planted the foundation stone of a Google Cloud AI Hub to enhance digital innovation.
China National Space Administration was able to launch the PRSC-EO3 Earth observation satellite of Pakistan with a Long March-6 rocket.
Gurbax Singh Grewal, a veteran Indian hockey player, died at the age of 84 leaving behind a rich sporting legacy.
The International Workers Day is celebrated on 1st May worldwide in recognition of the contribution of workers and labour rights.