Daily digest

Current Affairs · 8 May 2026

5-minute morning brief — Rajasthan-relevant headlines, schemes, economy, and a 5-question quiz. Read in Hindi or English.

Today · 9 stories

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  1. 08:00 TOP STORY

    Rajasthan budget 2026: ₹2,500 crore Mukhya Mantri Yuva Udyog scheme announced

    CM Bhajan Lal Sharma announced a ₹2,500-crore corpus to seed 50,000 youth-led MSMEs over five years, with interest subvention up to 8% for women-led units. Scheme launches in three Rajasthan divisions in Q3 2026.

  2. 08:15 SCHEMES

    CMYUY 2.0 — interest subvention raised to 8% for women-led MSMEs

    The revised Mukhya Mantri Yuva Udyog Yojana 2.0 raises subvention from 5% to 8% for women-led MSMEs. Maximum loan size doubled to ₹50 lakh; tenor extended to 7 years.

  3. 09:20 ECONOMY

    RBI keeps repo rate at 6.25%, MPC flags inflation easing in Q1

    The RBI Monetary Policy Committee unanimously held the repo rate at 6.25%. Governor cited softening food inflation and benign global oil prices. GDP growth projection retained at 7.2% for FY26.

  4. 10:05 INTERNATIONAL

    India and Saudi Arabia sign MoUs on green hydrogen and skilled migration

    During PM's state visit, India and Saudi Arabia signed 8 MoUs spanning green hydrogen, skilled migration corridor, defence co-production, and a strategic partnership council on clean energy.

  5. 11:30 POLITY

    Supreme Court reserves verdict on Article 142 doctrine of essential religious practices

    A nine-judge bench reserved orders on revisiting the "essential religious practices" test. Petitioners argued the doctrine has been inconsistently applied; respondents defended it as a constitutional safeguard.

  6. 13:45 ENVIRONMENT

    Rajasthan adds 18 new community forest reserves under Tiger Project Phase III

    18 new community forest reserves notified across Sariska, Ranthambhore and Mukundra landscapes. Total reserve area increases by 412 km²; corridor connectivity improved for tiger movement.

  7. 14:20 SCI & TECH

    ISRO's Gaganyaan G1 unmanned mission successfully completes Earth orbit insertion

    The first uncrewed test flight of Gaganyaan reached its planned circular orbit at 400 km altitude. The crew module performed nominally; recovery operations begin in the Bay of Bengal at 18:00 IST.

  8. 15:00 ECONOMY

    India's services PMI rises to 60.4 in April — strongest reading in 7 months

    S&P Global India Services PMI climbed from 58.5 to 60.4 in April, driven by strong domestic demand and new export orders. Composite PMI also accelerated to 60.0.

  9. 16:15 POLITY

    Election Commission unveils digital voter-roll revision pilot in 5 states

    ECI launched a digital revision pilot of electoral rolls covering 5 states including Rajasthan. Aadhaar linkage remains optional; pilot focuses on de-duplication via blockchain-anchored verification.

Daily quiz · 5 questions

Test what you read

Designed in 5–10 minutes. Score saved to your dashboard. Streaks unlock at day 7.

Q1 / 5

The Mukhya Mantri Yuva Udyog Yojana 2.0 increases interest subvention for women-led MSMEs to:

The revised scheme raised subvention from 5% to 8%, alongside doubling loan ceiling to ₹50 lakh.

Q2 / 5

In its May 2026 review, the RBI MPC kept the repo rate at:

The MPC unanimously held the repo at 6.25% citing easing inflation and stable growth.

Q3 / 5

How many MoUs did India and Saudi Arabia sign during the recent PM visit?

Eight MoUs were signed across green hydrogen, skilled migration, defence and clean energy.

Q4 / 5

The new Tiger Project Phase III community reserves added how many km² to Rajasthan's notified area?

412 km² added across Sariska, Ranthambhore and Mukundra landscapes.

Q5 / 5

India's S&P Global Services PMI for April 2026 was:

Services PMI rose to 60.4 — strongest in 7 months — on domestic demand + new export orders.

This week

Last 7 days · catch up

Each issue is a 5-minute read with its own 5-question quiz.

Wed 7 May

PM unveils Vande Bharat sleeper trains; Indian Navy commissions INS Vikrant-2

Tue 6 May

NITI Aayog releases SDG India Index 2026 — Rajasthan among top 5 improvers

Mon 5 May

Lok Sabha passes Digital India Act 2026 with 24 amendments

Sun 4 May

Cyclone Mocha update; ICC declares 2026 schedule for ICC T20 World Cup

Sat 3 May

Cabinet approves PMAY-G phase IV; ₹2.4L crore outlay over 4 years

Fri 2 May

WPI inflation falls to 1.83%; CPI eases to 4.31%

Thu 1 May

India achieves 50% non-fossil installed capacity — 5 yrs ahead of target