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Daily G.K. - Top Stories

28 May 2026

DAILY G.K. TEST

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BUSINESS AND ECONOMY

NSE signs MoU to develop steel and commodity derivatives ecosystem

National Stock Exchange of India signed a memorandum of understanding with the Steel Users Federation of India to jointly develop the steel and commodity derivatives ecosystem in India. The partnership aims to create a transparent price‑risk management framework and enable hedging through exchange‑traded derivatives for steel industry participants. The initiative is expected to benefit steel manufacturers, processors, MSMEs, OEMs and infrastructure companies by improving price discovery and risk mitigation. The collaboration highlights ongoing efforts to deepen India’s financial markets and provide new tools for industry participants to manage volatility.

MoU between NSE and Steel Users Federation of India
Aims to develop steel and commodity derivatives ecosystem
Focus on price risk management and hedging via derivatives
Beneficiaries include manufacturers, MSMEs, OEMs, and infrastructure players
Signifies deeper integration of financial markets with industry needs

India ranks as a major data center market in Asia Pacific

India is identified as the second‑largest data center market in Asia Pacific, according to a Cushman & Wakefield report. Growth is driven by accelerating AI adoption, hyperscale cloud expansion and rising enterprise demand. India currently has about 1.6 GW of operational capacity and 3.1 GW in the development pipeline. The study, covering 107 global markets across 24 variables, highlights power infrastructure, regulation and risk as key factors. The findings underscore India’s rising role in regional data center development and investment, as firms expand storage and processing capacity to support a rapidly expanding digital economy.

India ranked second in Asia Pacific data center market
Operational capacity: 1.6 GW; under construction/planned: 3.1 GW
Key growth drivers: AI, hyperscale cloud, enterprise demand
Cushman & Wakefield study covers 107 markets
Emphasizes India’s increasing regional role in data infrastructure

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SCIENCE & TECHNOLOGY

Blue Origin wins NASA lunar mission contract

Blue Origin won a NASA contract on 26 May 2026 to deliver lunar rovers and related equipment as part of NASA’s Moon Base initiative, targeting a sustained human presence at the lunar south pole by the 2030s. The initial contract is valued at at least 188 million dollars, with an option period of 280.4 million dollars for additional tasks. NASA also awarded 439 million dollars in total to Astrolab and Lunar Outpost for lunar terrain vehicle development. The awards reflect a broader push to establish surface infrastructure for future robotic and human exploration on the Moon.

Contract awarded on 26 May 2026
Initial value: at least $188 million
Option period: up to $280.4 million
NASA also awarded $439 million to Astrolab and Lunar Outpost
Part of NASA’s Moon Base initiative

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SPORTS

Sumit Antil sets new world record at Indian Open Para Athletics

Sumit Antil, 27, from Sonipat, Haryana, set a new world record in the men’s javelin F64 at the Indian Open International Para Athletics Championships. He hurled the spear to 74.82 metres, surpassing his previous best of 73.29 m set at the 2022 Asian Para Games. Antil is a two‑time Paralympics gold medallist who has dominated his event on the international stage and aims to breach the 80‑metre barrier in the near future. In the same meet, Deepthi Jeevanji won the women’s 400 metres T20 in 57.84 seconds, while Dilip Gavit claimed gold in the men’s 400m T47 with 47.64 seconds.

74.82 metres is the new world record in javelin F64
Previous record was 73.29 metres (2022 Asian Para Games)
Sumit Antil is a two‑time Paralympics gold medallist
Antil aims to break the 80‑metre barrier
Deepthi Jeevanji won women's 400m T20 in 57.84s; Dilip Gavit won men's 400m T47 in 47.64s

Vaibhav Sooryavanshi breaks Gayle’s IPL sixes record

Vaibhav Sooryavanshi, a 15‑year‑old opener, broke Chris Gayle’s all‑time IPL record for most sixes in a season during Rajasthan Royals’ Eliminator against Sunrisers Hyderabad. His 61st six of IPL 2026 surpassed Gayle’s 59 sixes set in 2012, underscoring the teenager’s power‑hitting. The record has drawn attention from fans and selectors ahead of the next rounds of the tournament. Sooryavanshi’s rapid ascent highlights the role of youth development in Indian cricket and the growing impact of IPL performances on national selection discussions.

61st six of IPL 2026 by Sooryavanshi
Surpassed Chris Gayle’s 59 sixes (2012)
Occurred in RR vs SRH Eliminator
Sooryavanshi is 15 years old
Raising discussions on youth development and national selection

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PERSONS IN NEWS

Raja Randhir Singh passes away at 79

Raja Randhir Singh, a five‑time Olympian and Asian Games gold medallist, passed away at 79. A veteran shooter and Arjuna Awardee, he hailed from Patiala and belonged to a prominent sporting family. His Olympic appearances spanned Mexico 1968, Munich 1972, Montreal 1976, Moscow 1980 and Los Angeles 1984, and he was a reserve shooter for Tokyo 1964. Known for his blunt administrative style, Singh contributed to shooting sports governance and national sports development, leaving a lasting impact on Indian sports administration.

Date of death not specified in article; age 79
Five Olympic appearances: 1968–1984 range
Asian Games gold medallist and Arjuna Awardee
From Patiala; part of a storied sporting family
Renowned for blunt administrative style

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GOVERNMENT POLICIES AND SCHEMES

Sikkim becomes India's fifth fully literate state

On 27 May 2026, Sikkim was declared the fifth fully literate state under the ULLAS – Nav Bharat Saaksharta Karyakram. The state reported a literacy rate of 99.82 percent, well above the 95 percent benchmark set by the Education Ministry for full literacy. ULLAS stands for Understanding of Lifelong Learning for All in Society. The programme began on 14 November 2022 and has been implemented across all districts, blocks, Gram Panchayat units and wards. Chief Minister Prem Singh Tamang announced the declaration during the 7th convocation of Sikkim University in Gangtok, with President Droupadi Murmu and Governor Om Prakash Mathur in attendance.

Date of declaration: 27 May 2026
Literacy rate achieved: 99.82 percent
ULLAS stands for Understanding of Lifelong Learning for All in Society
Program launched on 14 November 2022
Declared at Sikkim University convocation in Gangtok
Attendees included President Murmu and Governor Mathur

Andhra Pradesh CM directs Farm-to-Home delivery plan

Chief Minister N. Chandrababu Naidu of Andhra Pradesh directed officials to implement a Farm‑to‑Home model to benefit farmers by delivering agricultural produce directly to consumers. The plan, to be implemented through Farmer Producer Organizations (FPOs), aims to reduce marketing costs and improve affordability of fruits and vegetables. Naidu asked officials to assess El Niño’s likely impact and prepare region‑wise crop planning, promote natural farming and PMDS‑Half Moon systems in water‑scarce areas, and ensure farmers receive minimum support price. The move seeks to strengthen linkages between producers and consumers in a challenging climatic year.

Farm‑to‑Home delivery model announced
Implementation through FPOs
Aims to reduce marketing costs and improve affordability
El Niño impact assessment and region‑wise planning
Promotion of natural farming and PMDS‑Half Moon systems
Ensuring minimum support price for farmers

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ART AND CULTURE

Sacred Sanchi relics to be sent to Mongolia on PM Modi’s initiative

Under Prime Minister Narendra Modi’s initiative, sacred relics from the UNESCO World Heritage Sanchi Stupa are being sent to Mongolia. The relics belong to Lord Buddha’s disciples Sariputra and Maudgalyayana. They will be flown to Delhi from Bhopal’s Raja Bhoj Airport with full state honours, then placed on public display at the National Museum in New Delhi. An Indian Air Force aircraft will carry the relics to Mongolia on 30 May, with public viewing planned in Ulaanbaatar. The move is expected to strengthen cultural and spiritual ties and attract Buddhist pilgrims and international visitors.

Relics belong to Sariputra and Maudgalyayana
Relics flown to Delhi with state honours
Public display at National Museum before outbound flight
IAF aircraft to transport to Mongolia on 30 May
Public display in Ulaanbaatar planned

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LAW AND CONSTITUTIONAL AFFAIRS

Assam passes Uniform Civil Code Bill, 2026

The Assam Assembly on 27 May 2026 passed The Uniform Civil Code Bill, 2026, establishing a single civil framework for all residents. The 126‑member House approved provisions governing marriage, divorce, inheritance and live‑in relationships, including a ban on polygamy and mandatory registration of marriages within 60 days and live‑in relationships within 30 days. Deliberate non‑compliance could attract a fine of up to Rs 10,000. The Bill reflects ongoing national debates on family law reforms and aims to harmonise personal laws within the state.

Date of passage: 27 May 2026
Polygamy banned; marriages must be registered within 60 days
Live‑in relationships must be registered within 30 days
Fine for non‑compliance up to Rs 10,000
Aims for a uniform civil code within Assam

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General Awareness

Daily G.K. - Top Stories

28 May 2026

DAILY G.K. TEST

BUSINESS AND ECONOMY

NSE signs MoU to develop steel and commodity derivatives ecosystem

India ranks as a major data center market in Asia Pacific

SCIENCE & TECHNOLOGY

Blue Origin wins NASA lunar mission contract

SPORTS

Sumit Antil sets new world record at Indian Open Para Athletics

Vaibhav Sooryavanshi breaks Gayle’s IPL sixes record

PERSONS IN NEWS

Raja Randhir Singh passes away at 79

GOVERNMENT POLICIES AND SCHEMES

Sikkim becomes India's fifth fully literate state

Andhra Pradesh CM directs Farm-to-Home delivery plan

ART AND CULTURE

Sacred Sanchi relics to be sent to Mongolia on PM Modi’s initiative

LAW AND CONSTITUTIONAL AFFAIRS

Assam passes Uniform Civil Code Bill, 2026

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