22 May 2026 Current Affairs

May 22, 2026

Daily CA One-Liner: May 22

The United Nations revised India’s GDP growth forecast for 2026 downward to 4%, citing rising global uncertainty and economic pressures.
The Reserve Bank of India announced a USD 5 billion dollar-rupee buy/sell swap auction to inject long-term liquidity into the banking system and support financial stability.
India officially assumed the chairmanship of the Regional Cooperative Agreement for 2026 under the International Atomic Energy Agency.

India is hosting the 68th Governing Body Meeting of the Asian Productivity Organization in New Delhi.
World Metrology Day 2026 was observed in India with emphasis on digital compliance systems, legal metrology, precision standards, and consumer protection.
The Government of India launched the Arunachal Kiwi Mission with an investment of ?167 crore to develop Arunachal Pradesh as a leading organic kiwi production and export hub.
Kerala became the first Indian state to establish a dedicated Artificial Intelligence portfolio at the cabinet level under the new United Democratic Front government.
India surpassed the United States to become Bangladesh’s second-largest trading partner, reflecting shifting economic patterns in South Asia.
Prime Minister Narendra Modi received the prestigious Food and Agriculture Organization Agricola Medal in Rome for contributions towards agriculture and food security.
India and Italy elevated their bilateral relationship to a Special Strategic Partnership during Prime Minister Modi’s official visit.
Madhya Pradesh partnered with Google Cloud to introduce AI-powered management systems for Simhastha Kumbh 2028 in Ujjain.
India launched the multinational military exercise PRAGATI 2026 at Umroi Military Station in Meghalaya with participation from armed forces of 12 friendly nations.
Haryana launched the ShramMitra application, a digital employment platform aimed at directly connecting workers with employers across the state.
International Day for Biological Diversity is observed every year on 22 May to highlight the importance of biodiversity conservation and environmental sustainability.