Forest ServicesDaily Current Affairs — 18 April 2026
3 articles • UPSC Prelims & Mains
Indian Space Situational Awareness Report 2025 (ISSAR-2025)
Context Recently, the Indian Space Situational Awareness Report for 2025 (ISSAR-2025) was released by ISRO during the inaugural session of the 2nd international conference on Spacecraft Mission Operations (SMOPS-2026) at Bengaluru. Key Findings of ISSAR-2025 Rising Space Congestion: Around 1.6 lakh close approach alerts globally, with over 1.5 lakh alerts for Indian satellites. Growth of mega-constellations (Starlink, Kuiper, etc.) likely to further increase collision risks.
1969 Bank Nationalisation
In News The nationalisation of banks in India is widely regarded as one of the most consequential economic decisions taken since Independence in 1947. Background and Need Banking in India was mainly concentrated in urban areas, leaving rural and semi-urban regions largely unserved until the 1960s. As a result, sectors such as agriculture, small-scale industries, and self-employment had limited access to banking and credit facilities.
India Slips To Sixth Spot In World Economy
Context According to the latest World Economic Outlook (WEO) released by the International Monetary Fund (IMF), India has slipped to the 6th-largest economy in the world in nominal GDP terms. How Global GDP Rankings Are Calculated The IMF ranks economies based on nominal GDP in US dollar terms. It depends on GDP measured in local currency, and exchange rate vis-à-vis the US dollar.