UPSC Current Affairs 12 May 2026 — PIB

• DFS Launches 'Bharat Maritime Insurance Pool’ of USD 1.5 billion, with a sovereign guarantee of USD 1.4 billion/₹12,980 crores to facilitate continuous maritime insurance coverages, in the background of current Middle Ea...
• Public Sector Banks (PSBs) record an all-time high net profit of ₹1.98 lakh crore in FY 2025–26, marking the fourth straight year of profitability
• PRESS RELEASE OF CONSUMER PRICE INDEX ON BASE 2024=100 FOR APRIL, 2026
• India Hosts Kimberley Process Intersessional Meeting 2026 in Mumbai
• AI-enabled Systems introduced by IMD to provide Hyper-Local Weather forecasts: Dr Jitendra Singh
• Government of India and IFAD launch new eight-year strategy with Country Strategic Opportunities Programme (COSOP) from 2026 to 2033 to strengthen rural economy
• I4C and RBIH Sign MoU to Strengthen AI-Driven Detection of Mule Accounts and Cyber Financial Frauds
• IOS SAGAR DEPARTS CHATTOGRAM AFTER SUCCESSFUL PORT CALL IN BANGLADESH
• Ministry of Education launches Yuva Sangam Phase VI to strengthen youth connect and national integration
• Indian Pharmacopoeia Commission Signs MoUs with Bihar, Maharashtra and Mizoram State Pharmacy Councils to Strengthen Medicine Safety and Promote Rational Use of Medicines Nationwide
• National Conference on Enabling Nationwide EV Charging Infrastructure under PM E-DRIVE Scheme
• Prime Ministrer Modi’s Vision Driving India’s EV Revolution: Karnataka Gets 1,243 New EV Chargers Under PM E-DRIVE scheme, Bengaluru Hosts National EV Charging Conference
• First Capacity Building Programme for the Civil Servants of Seychelles commences at National Centre for Good Governance (NCGG), Mussoorie
• Jammu-Srinagar Vande Bharat Express Services Serve Around 45,000 Passengers in First 10 Days of its Run
• National Technology Day Celebrated at CSIR with Transfer of 13 Indigenous Technologies Developed by CSIR-Central Building Research Institute to Industry
• The Sports Authority of India and MyBharat Launches Nationwide Engagement Initiatives Ahead of Commonwealth Games