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Daily Current affairs 26 May 2026

Daily Current Affairs 26-May-2026

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UNIFORM CIVIL CODE (UCC) ASSAM BILL

TOPIC: (GS2) POLITY: THE HINDU

The Assam government introduced The Uniform Civil Code, Assam, 2026 Bill in the State Assembly.

What is UCC?

  • The Uniform Civil Code (UCC) refers to a common set of laws governing marriage, divorce, inheritance, adoption, and succession for all citizens, irrespective of religion, caste, or gender.
  • It is mentioned under Article 44 of the Directive Principles of State Policy (DPSP), which urges the State to secure a uniform civil code across India.
  • The idea of UCC aims to replace personal laws based on scriptures and customs of each major religious community with a single secular law applicable to all.
  • The Goa Civil Code (1961) is currently the only example of a functioning UCC in India.

Provisions of the Assam UCC Bill 2026

  • Ban on Polygamy and Bigamy: Punishable under Section 82 of the Bharatiya Nyaya Sanhita, 2023 with imprisonment up to 7 years.
  • Mandatory Registration of Livein Relationships: Couples must register their relationship within 30 days.
  • Uniform Grounds for Divorce and Custody: Equal rights for men and women in separation and child custody.
  • Exemption for Scheduled Tribes: ST communities excluded from the Bill’s purview.
  • Common Law for All Residents: Applies to marriage, divorce, succession, and inheritance uniformly.

Why India Needs a UCC

  • Gender Equality: Removes discrimination in personal laws, ensuring equal rights for women.
  • National Integration: Promotes unity by applying uniform laws across communities.
  • Legal Clarity: Simplifies the complex web of religious personal laws.
  • Social Justice: Protects vulnerable sections from exploitation under outdated customs.
  • Modernization: Reflects India’s democratic and secular values in civil matters.

Uniform Civil Code (UCC) in Uttarakhand and Goa

  • UCC in Uttarakhand
    • Uttarakhand became the first state in independent India to pass a UCC Bill in February 2024.
    • The law applies uniformly to marriage, divorce, succession, and livein relationships, with mandatory registration of livein partnerships.
    • It excludes Scheduled Tribes from its purview, similar to the Assam Bill.
    • Seen as a model framework for other states considering UCC adoption.
  • UCC in Goa
    • Goa is the only state with a functioning UCC since 1961, under the Goa Family Law (Portuguese Civil Code).
    • It provides uniform personal laws for all communities regarding marriage, divorce, and succession.
    • Distinct features include equal division of property between husband and wife and mandatory registration of marriages.
    • Goa’s UCC is often cited as a successful precedent for nationwide implementation.

Conclusion

The Assam UCC Bill 2026 marks a significant move toward uniform civil governance, aiming to balance individual rights and social justice. If implemented effectively, it could serve as a model for national reform.

MEMFLATION AND SEMICONDUCTOR INDUSTRY

TOPIC: (GS3) ECONOMY: THE HINDU

The global semiconductor industry is facing “memflation,” where AI workloads consume disproportionate memory supply.

What is Memflation?

  • Coined by Gartner (2026), memflation refers to AIdriven memory price inflation.
  • Caused by hyperscaler investments in GPUs and AI accelerators that require massive DRAM and NAND flash capacity.
  • Global semiconductor revenue projected at $1.3 trillion in 2026, with memory revenue tripling from $216 billion (2025) to $633 billion (2026).

Causes

  • AI Infrastructure Boom: Cloud providers increased AI spending by 50% in 2026.
  • Supply Diversion: Memory production shifted from consumer devices to AI servers.
  • Limited Manufacturing Capacity: Shortage of fabs producing advanced DRAM/NAND.
  • Geopolitical Risks: Concentration of chip production in East Asia adds vulnerability.

Implications

  • Consumer Electronics: Rising smartphone and PC prices; shortage of affordable models in India.
  • Enterprise IT: Higher costs for servers, storage, and data centers.
  • Delayed NonAI Demand: NonAI industries face supply delays until 2028.
  • Market Shifts: Nvidia overtook Samsung as the largest semiconductor firm in late 2025 due to AI chip sales.

Challenges in Semiconductor Development

  • High Capital & Long Gestation: Building advanced fabs requires multibillion dollar investments and takes 5–7 years to operationalize, making it financially risky.
  • Technology Dependence: India and many nations lack expertise in sub10nm manufacturing and rely heavily on foreign firms for critical tools like EUV lithography.
  • Geopolitical Risks: Concentration of chip production in Taiwan, South Korea, and China makes supply chains vulnerable to conflicts and export controls.
  • Infrastructure & Ecosystem Gaps: Fabs need stable power, ultrapure water, clean rooms, and a strong ecosystem of ancillary industries (chemicals, wafers, packaging), which remain limited.

Largest Semiconductor Manufacturing Country

  • Taiwan: Produces 26.4% of global semiconductor output. Manufactures 92% of advanced logic chips (≤5nm).
  • South Korea: Accounts for 18.7% of global share. Samsung & SK Hynix dominate DRAM and High Bandwidth Memory (HBM) for AI.
  • China: Holds 15.2% share, strong in mature nodes (28nm+) for cars, IoT, and appliances.
  • United States: Around 12.8% share, boosted by the CHIPS Act and new Intel/TSMC fabs.
  • Japan: About 8.9% share, produces 50% of global chipmaking materials.

Largest Exporter & Importer of Silicon

  • Largest Exporter of Silicon Wafers: Japan – supplies more than half of global raw materials for chip fabrication.
  • Largest Importer of Semiconductors: China – despite being a major producer, it imports advanced chips for electronics, AI, and defense.
  • Largest Exporter of Finished Chips: Taiwan & South Korea – Taiwan exports logic chips, South Korea exports memory chips.

Conclusion

Memflation highlights how AI demand is reshaping global semiconductor economics, creating shortages and inflation in consumer markets.

INDIA’S ECONOMIC CHALLENGES AMID WEST ASIA CRISIS

TOPIC: (GS3) ECONOMY: THE HINDU

Finance Minister Nirmala Sitharaman stated that India’s challenges are externally driven, emphasising that the domestic economic situation remains positive and resilient.

  • India’s economy remains resilient domestically, but external shocks from the West Asia crisis have created vulnerabilities.

India’s Three Fs Challenges

  1. Fuel
    • India imports 85% of crude oil; Brent crude fluctuated between $85–95 per barrel in April–May 2026.
    • Rising oil prices inflate the import bill, widen the CAD, and push up inflation.
  1. Fertiliser
    • Import bill reached $27.2 billion in 202526, second only to the $33.4 billion record in 202223.
    • India lacks domestic reserves of rock phosphate, potash, sulphur, making it critically dependent on imports.
    • Prices surged due to USIran tensions and Strait of Hormuz disruptions.
  1. Foreign Exchange
    • Rupee fell nearly 5% since Feb 27, 2026, touching ₹97 per USD.
    • FPIs withdrew $24.4 billion from bonds and equities since the war began.
    • Forex reserves dropped by $40 billion, though still covering 11 months of imports.

Key Economic Concerns

  • Balance of Payments Risk: Experts warn of a BoP deficit for the third consecutive year (202627).
  • Growth Slowdown: RBI projects 6.9% GDP growth, but economists expect 6–6.5% due to weak consumption and high energy costs.
  • Inflation Upside: CPI at 3.5%, but risks remain from crude oil and rupee depreciation.
  • Labour Market Stress: Unemployment rose in Jan–Mar 2026; LFPR and WPR declined.
  • Interest Rate Hike: Economists anticipate RBI may raise repo rate from 5.25% in June 2026 to curb inflation.

Government Measures

  • Gold Import Duty: Raised from 6% to 15% to curb nonessential imports.
  • Fuel Price Adjustments: Petrol/diesel prices hiked four times in two weeks to reduce subsidy burden.
  • Silver Imports: Placed under restricted category requiring prior approval.
  • Public Appeal: PM Modi urged reduced gold purchases, nonessential foreign travel, and revival of workfromhome practices to conserve forex.

Conclusion

India’s economy faces external shocks from fuel, fertiliser, and forex pressures, but strong domestic demand and policy measures provide resilience. Vigilance on inflation, BoP risks, and global volatility will be crucial.

AWARDS AND TITLES IN INDIAN CONSTITUTION

TOPIC: (GS2) POLITY: THE HINDU

The President of India conferred Padma Awards 2026 at Rashtrapati Bhavan, honouring personalities like Dharmendra, N. Rajam, Harmanpreet Kaur, and Uday Kotak.

  • The Indian Constitution (Article 18) abolishes titles such as Raja, Maharaja, Rai Bahadur and prohibits the State from conferring hereditary titles.
  • However, national honours and awards like Bharat Ratna, Padma Awards, Gallantry Awards are permitted as recognition of merit and service.
  • These awards are not hereditary privileges but symbolic honours.

Difference Between Titles and Awards

  • Titles: Hereditary or honorific distinctions (e.g., nobility titles) → prohibited under Article 18.
  • Awards: Stateconferred honours for exceptional service → allowed, provided they do not carry hereditary privileges or misuse.
  • Example: Bharat Ratna is India’s highest civilian award, but it does not confer legal or social privileges.

Order of Precedence of Awards

  • Bharat Ratna: Highest civilian honour (instituted 1954).
  • Padma Vibhushan: Exceptional and distinguished service.
  • Padma Bhushan: Distinguished service of high order.
  • Padma Shri: Distinguished service in any field.
  • Gallantry Awards: Param Vir Chakra, Ashok Chakra, etc., for military/civil bravery.

Selection Process

  • Nominations: Made by state governments, ministries, or public recommendations.
  • Screening: Padma Awards Committee reviews nominations.
  • Approval: Final list approved by the Prime Minister and President of India.
  • Announcement: Made on Republic Day (26 January) each year.
  • Presentation: Conferred by the President at Rashtrapati Bhavan.

Other Democracies

  • Many countries (e.g., UK’s Knighthood, U.S. Presidential Medal of Freedom) confer honours, but India abolished hereditary titles to uphold equality and republican values.
  • India’s awards system is thus meritbased, nonhereditary, and constitutional.

Important Personalities Awarded Padma Awards 2026

Cinema & Arts

  • Dharmendra Singh Deol – Padma Vibhushan (Posthumous), legendary Bollywood actor.
  • Mammootty – Padma Bhushan, Malayalam superstar.
  • Prosenjit Chatterjee – Padma Shri, Bengali actor.
  • Piyush Pandey – Padma Bhushan (Posthumous), advertising legend.
  • N. Rajam – Padma Vibhushan, violinist known for “Gayaki Ang” style.

Sports

  • Rohit Sharma – Padma Shri, Indian cricket captain.
  • Harmanpreet Kaur – Padma Shri, Indian women’s cricket captain.
  • Vijay Amritraj – Padma Bhushan, tennis legend.
  • Baldev Singh – Padma Shri, hockey player.
  • Praveen Kumar – Padma Shri, paraathlete.

Public Affairs & Social Work

  • K.T. Thomas – Padma Vibhushan, jurist and public affairs.
  • V.S. Achuthanandan – Padma Vibhushan (Posthumous), veteran politician.
  • Bhagat Singh Koshyari – Padma Bhushan, former Governor of Maharashtra & Uttarakhand CM.
  • Shibu Soren – Padma Bhushan (Posthumous), Jharkhand leader.
  • S.K.M. Maeilanandhan – Padma Bhushan, social worker.

Industry & Trade

  • Uday Kotak – Padma Bhushan, founder of Kotak Mahindra Bank.
  • Ashok Khade – Padma Shri, industrialist.

Conclusion

Awards in India are constitutional recognitions of merit, distinct from prohibited titles. They uphold national integrity, equality, and honour outstanding contributions in diverse fields.

ULPGMV3 – DRDO’S DRONE

TOPIC: (GS3) SECURITY: THE HINDU

The DRDO successfully completed final trials of ULPGMV3, a dronelaunched precision guided missile.

  • The UAVLaunched Precision Guided Missile (ULPGM) has evolved from V1 (freefall) to V3 (multirole precision missile).
  • ULPGMV3 represents a generational leap, capable of airtoground and airtoair strikes, enhancing India’s networkcentric warfare capabilities.
  • Developed under Aatmanirbhar Bharat, it strengthens India’s indigenous defence ecosystem.

Features of ULPGMV3

  • Dualchannel seeker for accurate target tracking.
  • Twoway data link → allows postlaunch target updates.
  • Allweather, daynight capability against moving and stationary targets.
  • Three warhead options:
    • AntiArmour (tanks, ERAprotected vehicles).
    • PenetrationcumBlast (bunkers, fortified structures).
    • PreFragmentation (personnel, light vehicles).
  • Operational versatility: Effective in plains and highaltitude theatres.

Types of Drones

  • Reconnaissance Drones: Used for surveillance (e.g., Heron UAV).
  • Combat Drones: Armed drones for precision strikes (e.g., UCAVs).
  • Logistics Drones: Supply and transport in difficult terrain.
  • Swarm Drones: Multiple drones coordinated for overwhelming attacks.

Other Military Drones in Action

  • Heron TP (Israel): Used by Indian Air Force for surveillance.
  • MQ9 Reaper (USA): Armed drone, used in counterterror operations.
  • Wing Loong (China): Combat drone deployed in West Asia.
  • Bayraktar TB2 (Turkey): Effective in Ukraine conflict.

Drone Rules in India (2021)

  • Mandatory Registration on Digital Sky: All drones must be registered on the Digital Sky platform. Each drone receives a Unique Identification Number (UIN). Without registration, drones cannot legally operate in Indian airspace.
  • Classification of Drones: Drones are classified by maximum takeoff weight (MTOW):
      • Nano: ≤ 250 g
      • Micro: 250 g – 2 kg
      • Small: 2 – 25 kg
      • Medium: 25 – 150 kg
      • Large: > 150 kg
    • Rules and permissions vary by category, with stricter norms for heavier drones.
  • No Permission, No Takeoff (NPNT)
    • A softwarebased safety feature requiring prior digital clearance before flight.
    • Ensures drones cannot take off without government authorization.
    • Helps prevent unauthorized or unsafe flights.
  • Exemptions for Defence & Security
    • Defence forces, paramilitary, and law enforcement agencies are exempt from NPNT and registration requirements.
    • Enables use of drones for surveillance, border security, and counterterror operations.

Conclusion

ULPGMV3 marks India’s entry into advanced dronelaunched precision warfare, combining indigenous innovation and strategic capability. It strengthens India’s preparedness for modern, networkcentric conflicts.

RBI’S STATE OF THE ECONOMY REPORT

TOPIC: (GS3) ECONOMY: THE HINDU

The Reserve Bank of India (RBI) released its latest State of the Economy report highlighting that India’s nearterm outlook is “clouded” by supplyside pressures from the West Asia crisis, though domestic demand remains strong.

  • The State of the Economy is a flagship monthly article in the RBI Bulletin authored by its economists.
  • It assesses domestic activity, inflation, financial conditions, external sector, and global environment.
  • It acts as a policy reference for government, analysts, and market participants.

Findings of the Latest Report

1.Domestic Demand

  • Remains the main growth driver despite external uncertainties.
  • Rural automobile sales grew at double digits in April 2026, though moderating sequentially.

2. Inflation Trends

  • CPI inflation: 3.5% in April (within RBI’s 2–6% band).
  • WPI inflation: surged to 8.3% (42month high) due to fuel and power costs linked to West Asia crisis.
  • Food inflation showed marginal uptick in wheat and rice prices.

3. External Sector

  • FPIs: Net sellers in April–May, though outflows moderated.
  • FDI: Positive for two consecutive months (March–April 2026).
  • Forex reserves: Cover 11 months of imports and 90% of external debt.

4. Trade Reconfiguration

  • Trade via Strait of Hormuz declined in March but rebounded in April.
  • Exports to China: Doubledigit growth since April 2025.
  • Exports to US: Grew in April 2026 after months of contraction.

5. Sectoral Performance

  • Agriculture: Summer sowing above normal acreage, except rice.
  • Industry: Eway bills show doubledigit growth; electricity demand surged due to heat.
  • Services: PMI accelerated; export orders weak due to West Asia war.
  • Labour Market: LFPR and WPR declined; unemployment rose in Jan–Mar 2026.

6. Global Context

  • West Asia conflict → commodity market volatility, supply chain disruptions.
  • Energy costs remain elevated; financial market volatility persists.

Challenges:

  • Inflation PassThrough from WPI to CPI
    • WPI inflation surged to 8.3% in April 2026 (a 42month high), mainly due to fuel and power costs linked to the West Asia crisis.
    • CPI inflation stood at 3.5%, within RBI’s tolerance band (2–6%).
    • Concern: If wholesale price pressures (fuel, food) pass through to retail prices, household budgets will be hit, especially in rural areas.
  • Crude Oil Volatility
    • Brent crude prices fluctuated between $85–95 per barrel in April–May 2026.
    • India imports 85% of its crude oil needs, making the economy highly vulnerable.
    • Rising oil prices widen the Current Account Deficit (CAD) and increase inflationary pressures.
  • Capital Outflows & Exchange Rate Pressure
    • Foreign Portfolio Investors (FPIs) were net sellers in April–May 2026, though outflows moderated compared to early 2025.
    • The rupee faced depreciation pressure, hovering around ₹84–85 per USD.
    • Persistent outflows can reduce liquidity and affect stock market stability.
  • Supply Chain Disruptions
    • The West Asia conflict disrupted trade routes, especially through the Strait of Hormuz, impacting India’s energy imports.
    • Global shipping costs rose by 15–20%, affecting Indian exporters.
    • Weakness in export orders (services PMI showed slowdown) highlights vulnerability to external shocks.
  • Labour Market Stress
    • Unemployment rate rose in Jan–Mar 2026; LFPR and WPR declined.
    • Rising inflation and weak job creation could dampen consumption demand, India’s key growth driver.

LongTerm Strategy

  • Diversify trade routes beyond Hormuz.
  • Strengthen services exports as a buffer.
  • Boost domestic manufacturing via PLI & Make in India.
  • Promote renewable energy to reduce oil dependence.
  • Enhance labour market flexibility to tackle unemployment.

Conclusion

India enters this uncertain phase from a position of macroeconomic strength with robust services exports, positive FDI, and strong forex reserves. However, inflationary pressures and external risks demand vigilance and proactive policy action.

RUMEN FLUKE DISEASE

TOPIC: (GS3) HEALTH: THE HINDU

Recently, around 70 cattle died in Odisha’s Kendrapada district, with veterinary officials attributing the cause to rumen fluke infection (locally called Kurmi).

  • Rumen flukes (amphistomes) are parasitic flatworms affecting ruminants worldwide.
  • They use snails as intermediate hosts and spread through contaminated water or vegetation.
  • The disease, known as paramphistomosis, is particularly severe in tropical and subtropical climates like India.
  • Implication: Heavy losses in milk yield, animal productivity, and rural economy.

Transmission & Symptoms

  • Transmission: Ingestion of vegetation or water contaminated with larval stages.
  • Symptoms:
    • Severe diarrhoea and dehydration.
    • Rapid weight loss despite appetite.
    • Swelling under the jaw (bottle jaw).
    • Reduced milk yield and curdling.
    • Loss of body mass and weakness.

Reactions & Management

  • Treatment: Targeted anthelmintic drugs (e.g., oxyclozanide, niclosamide).
  • Management:
    • Proper pasture rotation and grazing control.
    • Avoiding stagnant water sources.
    • Regular deworming schedules for cattle.
  • Veterinary authorities in Odisha have initiated awareness drives and preventive measures.

Conclusion

Rumen fluke disease is a serious parasitic threat to India’s livestock economy, requiring timely veterinary intervention, pasture management, and farmer awareness to prevent largescale losses.

ASIAN INFRASTRUCTURE INVESTMENT BANK (AIIB)

TOPIC: (GS3) ECONOMY: THE HINDU

The AIIB has launched a $10 billion fund facility to support member countries impacted by the ongoing Middle East conflict.

  • The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank established in 2016.
  • Its primary objective is to promote sustainable economic growth, enhance regional connectivity, and mobilize capital for infrastructure projects.
  • Headquarters: Beijing, China.
  • Membership: 111 approved members (as of 2026).
  • India: Founding member and secondlargest shareholder after China.

Governance Structure

  • Board of Governors: Each member country appoints one Governor and one Alternate Governor.
  • Board of Directors: Nonresident, responsible for strategy, annual plans, and policy oversight.
  • President: Elected for a fiveyear term, eligible for reelection once.

Functions & Objectives

  • Infrastructure Financing: Roads, ports, energy, water supply, and urban development.
  • Regional Connectivity: Enhancing trade and transport links across Asia.
  • Sustainable Development: Focus on renewable energy, climate resilience, and green projects.
  • Mobilizing Capital: Attracting private and public investment for largescale projects.

India’s Role in AIIB

  • India is the largest recipient of AIIB funding after China.
  • Major projects include Mumbai Metro, Bangalore Metro, rural road connectivity, and renewable energy projects.
  • AIIB complements India’s Make in India and infrastructure push.

Strategic Significance

  • AIIB provides an alternative to Westerndominated institutions like the World Bank and IMF.
  • Strengthens SouthSouth cooperation and gives emerging economies a greater voice.
  • The new $10 billion crisis fund shows AIIB’s adaptability to geopolitical shocks.

Conclusion

AIIB has emerged as a key multilateral bank, balancing infrastructure growth with crisis support. For India, it is both a funding source and a strategic platform to shape regional development.

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