Daily Current Affairs 14 October 2026

The Ministry of Rural Development has notified the Schedule of Permissible Works under the Viksit Bharat - Guarantee for Rozgar and Ajeevika Mission (Gramin) [VB-G RAM G] Act, 2025. The Act expands permissible rural works from 266 to 375, reflecting a 41% increase across 4 pillars through Gram Sabha-approved Viksit Gram Panchayat Plans.

The expanded works are categorised into Water Security (128 works; 34%), Core Rural Infrastructure (111 works; 30%), Livelihood-related Infrastructure (98 works; 26%), and Disaster Preparedness (38 works; 10%). Additionally, agriculture accounts for 181 works under the updated schedule.

According to the International Monetary Fund (IMF), India’s growth forecast for FY27 has been raised to 7% from the earlier 6.4%. The IMF also revised its growth forecast for FY28 upward to 7% from 6.7%.

SEBI has issued a circular titled “Introduction of Credit Risk-o-Meter as an Additional Disclosure Mechanism for Debt Securities”, mandating a colour-coded Credit Risk-o-Meter to help investors assess the credit risk of debt securities.

The Credit Risk-o-Meter must be displayed across various platforms, including offer documents, abridged prospectuses, private placement memoranda, issuer advertisements, and Online Bond Platform Providers (OBPPs) web and mobile platforms.

It is to be noted that the existing SEBI credit ratings (ranging from AAA to D) are mapped into six distinct risk levels, spanning from ‘Lowest Credit Risk’ to ‘high to very High risk of default’, with each level represented by a specific colour.

The Nagaland State Rural Livelihoods Mission (NSRLM) has partnered with BRAC International to launch a 3-year initiative named “SAY-SOBLOK” under the Samaveshi Aajeevika Yojana (SAY) and the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM).

The initiative targets 4,000 extremely vulnerable households to promote sustainable livelihoods, economic security, and social inclusion by adapting the national SAY framework to the state.

The bilateral naval exercise “Exercise INDRA 2026” between the Indian Navy and the Russian Federation Navy has commenced at Vladivostok and the adjacent waters of the Sea of Japan.

The Indian Navy is represented by ‘INS Sahyadri’, an indigenous Shivalik-class guided-missile stealth multi-role frigate, while the Russian Federation Navy is represented by the Hero of the Russian Federation Aldar Tsydenzhapov, a Steregushchiy-class corvette from the Pacific Fleet of Russia.

Bharat Forge Ltd has signed a long-term contract with Pratt & Whitney Canada, a subsidiary of RTX Corporation, for the supply of mission-critical aerospace engine components.

The components will be manufactured locally at the advanced aerospace facility of Bharat Forge Ltd in India.

IndiGo, the largest carrier in the country, has signed a $328 million financing deal with Citi to buy 8 narrow-body planes from Airbus.

This transaction marks the world’s first aviation financing insured by Credendo, a Belgian export credit agency (ECA). It is also the maiden ECA-backed aircraft financing structured through the Gujarat International Finance Tec-City (GIFT) International Financial Services Centre (IFSC).

Philip Morris India Trading Pvt Ltd (PM India) has partnered with Litterati, a global civic technology company, to launch the first phase of a 12-month anti-littering initiative named ‘Project Unmesha’ in Delhi.

Under the project, community science and AI-enabled image recognition will be used by Litterati to identify litter hotspots, map litter composition, and establish scientific baselines.

The World Bank has backed the proposal of the Kerala government to set up a Carbon Credit Cell under the Department of Agriculture.

The cell is established as a part of the ₹2,365 crore Kerala Climate Resilient Agri-Value Chain Modernisation (KERA) Project to promote climate-friendly farming practices and provide additional income opportunities for farmers.

The Kerala government has launched a women-centric scheme named ‘Women on the Move and Menstrual Needs (WOMN)’.

The scheme aims to improve access to menstrual hygiene products for women and girls during travel, and was introduced at the Kerala State Road Transport Corporation (KSRTC) bus terminal in Thiruvananthapuram.

President Droupadi Murmu has appointed new Governors for 6 Indian states. It includes: Rajendra Arlekar as the full-time Governor of Tamil Nadu, OP Mathur for Kerala, Dr Sudha Yadav for Karnataka, Braj Mohan Ram for Odisha, Dhal Singh Bisen for Uttarakhand, and Dushyant Gautam for Sikkim.

Eva Marie Saint, a veteran Oscar-winning actress, passed away at the age of 102. She won an Oscar in the Best Supporting Actress category in 1955 for her debut film, “On the Waterfront (1954)”.

Roshan Kumari, a renowned Indian classical dancer and an exponent of the Jaipur gharana of Kathak, passed away at the age of 82. She was a recipient of Padma Shri in 1984.

International Coffee Day

Day - October 01

Theme 2026 - “Celebrating Coffee, Honouring the People Behind Every Cup”

Observed by - International Coffee Organization (ICO), based in London, UK

Observed since - 2015

National Wildlife Week

Day - October 02 to 08

Theme 2026 - “Connecting Habitats, Thriving Wildlife”

Observed since - 1957

World Space Week

Day - October 4 to 10

Theme 2026 - “Rocket Revolution”

Observed by - UN

Observed since - 2000

Commemorating - The launch of Sputnik 1 on October 4, 1957, and the signing of the Outer Space Treaty on October 10, 1967