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Fourth India-Africa Summit Postponed: Ebola Outbreak Delays Key Diplomatic Meeting

May 22, 2026

Overview

The Fourth India-Africa Forum Summit was scheduled for New Delhi from 28 May to 31 May 2026. But on 21 May 2026, India and the African Union decided to postpone the summit. The reason is an evolving public health situation in parts of Africa. This refers to an Ebola outbreak in the Democratic Republic of Congo and Uganda. The World Health Organization had already declared it a Public Health Emergency of International Concern on 16 May 2026.

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NASA Space Biology Breakthroughs: Cancer, Cartilage, and Heart Stem Cells on ISS

May 22, 2026

Overview

In May 2026, NASA astronauts aboard the International Space Station (ISS) conducted exciting biomedical experiments. They worked on cancer treatments, cartilage tissue growth, heart stem cells, and DNA-inspired nanomaterials. All this work happened during Expedition 74. The astronauts used the Japanese Kibo laboratory module and its Life Science Glovebox. These space-based studies help us understand diseases and develop new medicines.

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RBI’s $5 Billion Swap Auction: A Simple Guide to India’s New Liquidity Move

May 21, 2026

Overview

The Reserve Bank of India (RBI) has announced a $5 billion USD-INR buy/sell swap auction on May 26. This move aims to inject long-term liquidity into the banking system. The decision comes at a time when the rupee is weak and global markets are uncertain. The three-year swap operation will help banks get more rupees while supporting financial stability.

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Vande Mataram Made Compulsory in West Bengal Madrasas: What You Need to Know

May 21, 2026

Overview

On 21 May 2026, the West Bengal government made the singing of Vande Mataram compulsory in all recognised madrasas across the state. The song must be sung during morning assemblies before classes begin. The order applies to government model madrasas, government-aided madrasas, and unaided madrasas under the Directorate of Madrasa. This is a significant step linking patriotic expression with religious educational institutions.

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RAINMUMBAI: India First Weather Derivative Contract to Fight Monsoon Losses

May 21, 2026

Overview

RAINMUMBAI is India’s first exchange-traded weather derivatives contract. It was launched by the National Commodity and Derivatives Exchange (NCDEX) with SEBI’s approval. This contract helps farmers, power companies, and other businesses protect themselves from financial losses caused by unexpected rainfall. Unlike insurance, it pays out quickly based on actual rain data, not damage assessment.

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