Daily Current Affairs 2026, Date wise Current Affairs | Current Affairs in English and Hindi

Get the Daily and Latest Current Affairs 2026 on our website. These current affairs are Updated by our specialists and are relevant for all competitive tests UPSC, SSC, IAS, Railway-RRB, UPPSC, and Other State Government and Central Jobs/Exams.


RBI hikes Repo Rate by 40 bps to 4.40 percent

Category : Business and economics
Published on: May 06 2022 Share on facebook

  • The Reserve Bank of India (RBI) announced an increase in key interest rates by 40 basis points, the first increase since August 2018 and the sharpest in nearly 11 years.
  • RBI Governor Shaktikanta Das said the decision was taken in view of rising inflation, geopolitical tensions, high crude oil prices and shortage of commodities globally, which have impacted the Indian economy.
  • The Reserve Bank of India (RBI) in its Monetary Policy Committee (MPC) meeting held between May 2-4, 2022 has decided to increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points (bps) to 4.40 per cent with immediate effect from 4.00% earlier. 
  • RBI has also hiked the cash reserve ratio (CRR) by 50 basis points to 4.50 per cent effective from May 21, 2022.
Recent Post's
  • Utkal Divas, also known as Odisha Foundation Day, is being celebrated on April 1, 2026, marking the formation of Odisha as India’s first linguistic state in 1936.

    Read More....
  • Lok Sabha passed the Insolvency and Bankruptcy Code (Amendment) Bill 2026 on March 30, aiming to speed up resolutions, introduce mandatory 14-day admission, and strengthen creditor rights.

    Read More....
  • Dr. Thomas Pucadyil, renowned cell biologist and Shanti Swarup Bhatnagar Prize winner, has been appointed as the new Director of BRIC-NCCS, Pune.

    Read More....
  • Former Suriname President Chandrikapersad Santokhi, from an Indo-Surinamese Hindu family, passed away on March 30, 2026, at the age of 67.

    Read More....
  • The 9th edition of India Pharma 2026 will be held on April 13-14, 2026, in New Delhi with the theme “Discover in India: Leapfrogging Life-Sciences Innovation”.

    Read More....
  • Senior IAS officer Ashwini Bhide, popularly known as the “Metro Woman”, has become the first woman Commissioner of Brihanmumbai Municipal Corporation (BMC).

    Read More....
  • COP15 to the Convention on Migratory Species (CMS) has added 40 new species to its protected appendices to enhance global conservation efforts.

    Read More....
  • Andhra Pradesh will launch India’s first quantum computer on April 14, 2026, in Amaravati as part of developing Amaravati Quantum Valley.

    Read More....
  • Prime Minister Narendra Modi inaugurated the Kaynes Semicon semiconductor plant at Sanand, Gujarat on March 31, 2026, advancing India’s semiconductor self-reliance.

    Read More....
  • The Indian Navy received ‘Malwan’, the second indigenously built Anti-Submarine Warfare Shallow Water Craft, from Cochin Shipyard on March 31, 2026.

    Read More....