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CURRENT AFFAIRS : BANKING, FINANCE & BUSINESS

Reserve Bank of India data shows Current Account and Savings Account ratio declines to 37.9%, a two-year low in December 2025 quarter

• The Reserve Bank of India (RBI) reported that the Current Account and Savings Account (CASA) ratio declined to a 2-year low of 37.9% in the December 2025 quarter, compared to 40.1% in December 2023.
• CASA (Current Account Savings Account) ratio represents the proportion of low-cost deposits (current + savings accounts) in a bank’s total deposits.
• The decline was mainly due to a fall in savings account deposits, whose share dropped by 210 basis points to 28.9%.
• Depositors are shifting towards higher-yielding investment options such as equities, Mutual Funds (MFs), and gold, indicating a slowdown in deposit mobilisation.
• Total bank deposits grew by 10% Year-on-Year (YoY) to ₹239.8 lakh crore.
• Savings deposits increased by 8% YoY to ₹69.4 lakh crore, while current account deposits grew by 10% YoY to ₹21.4 lakh crore.
• Certificates of Deposit (CD) issuances reached a record ₹15.5 lakh crore in FY26, showing a 17% YoY growth.
• Banks are increasingly relying on market borrowings (CDs) to support credit growth, amid declining CASA share.

Amul Brand Achieves ₹1 Lakh Crore Turnover Milestone in Financial Year 2025–26: Gujarat Cooperative Milk Marketing Federation Limited

• The Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), which markets the Amul brand, achieved a major milestone with its brand turnover crossing ₹1 lakh crore in Financial Year (FY) 2025–26.
• This reflects an 11% growth over the previous year’s turnover of ₹90,000 crore (FY 2024–25).
• GCMMF’s own sales turnover stood at ₹73,450 crore, registering an 11.4% increase from ₹65,911 crore in the previous year.
• With this performance, GCMMF has emerged as the largest fast-moving consumer goods (FMCG) organisation in India.
• The growth was driven by a wide portfolio of over 1,200 product packs, an extensive distribution network, and adaptation to changing consumer demand.
• GCMMF operates through 18 member district cooperatives, combining localised strategies with a strong national brand presence.
• Amul was ranked the world’s No.1 cooperative by the International Cooperative Alliance (ICA).
• The brand expanded globally by launching fresh milk in Europe and the United States, indicating its international expansion strategy.
• In July 2025, Union Minister Amit Shah launched the Sardar Patel Cooperative Dairy Federation Limited (SPCDF) to integrate village-level dairy cooperatives into a national network.
• Chairman of GCMMF : Ashokbhai Chaudhary
• Managing Director of GCMMF : Dr Jayen Mehta

Bank of Baroda Achieves ₹30 Lakh Crore Global Business Milestone for First Time

• Bank of Baroda (BoB) crossed the ₹30 lakh crore global business milestone (deposits + advances) for the first time, reaching ₹30.78 lakh crore in March 2026.
• BoB recorded a 13.93% year-on-year (YoY) growth in global business during Q4 FY26.
• Global deposits grew by 12% YoY to ₹16.48 lakh crore, while global advances increased by 16.23% YoY to ₹14.30 lakh crore.
• Domestic deposits increased by 12.83% YoY to ₹14.01 lakh crore as of March-end 2026.
• Domestic advances rose by 14.56% YoY to ₹11.69 lakh crore at March-end 2026.
• Domestic retail advances recorded a 17.93% YoY growth, reaching ₹3.02 lakh crore as of March-end 2026.
• The growth in BoB’s global business reflects strong performance across deposits and advances, both domestic and international.

Recent News :

• In March 2026, Bank of Baroda (BoB) launched an Overdraft (OD) facility on Credit Line via UPI for verified women Self-Help Group (SHG) members holding Pradhan Mantri Jan Dhan Yojana (PMJDY)

About Bank of Baroda (BoB):

• Founded: 1908
• Headquarters: Vadodara, Gujarat, India
• Managing Director & CEO: Debadatta Chand
• Tagline: "India’s International Bank"

Reserve Bank of India Imposes ₹10.30 Lakh Penalty on Exclusive Capital Limited for Non-Compliance with Leverage Ratio and Reporting Norms

• Reserve Bank of India (RBI) imposed a monetary penalty of ₹10.30 lakh on Exclusive Capital Limited.
• The penalty was imposed for non-compliance with RBI directions related to leverage ratio, filing of supervisory returns, and submission of balance sheet.
• Action was taken under the provisions of the Reserve Bank of India Act, 1934, specifically Sections 58G(1)(b) and 58B(5)(aa).
• The company was found to have breached the permissible leverage ratio limit, violating RBI regulatory norms.
• It also failed to submit supervisory returns on time, as required under RBI guidelines.
• Additionally, the company did not furnish its balance sheet within the stipulated period, leading to regulatory action.
• The penalty followed offsite analysis, correspondence, and a show-cause notice, after which RBI confirmed the violations.
• RBI clarified that the action is based on regulatory compliance deficiencies and does not comment on the validity of transactions or agreements of the company.
• The penalty is without prejudice to any further action that may be initiated by RBI in future against the company.

Recent News :

• In April 2026, The Reserve Bank of India (RBI) imposed a monetary penalty of ₹31.80 lakh on Airtel Payments Bank Limited for non-compliance with certain provisions of the directions issued by RBI on ‘Disclosure in Financial Statements’.

Axis Bank Introduces Mobile Number Update Facility Using Aadhaar Face Authentication

• Axis Bank has launched a digital mobile number update facility on its mobile banking app using Aadhaar Face Authentication.
• The feature allows customers to update their registered mobile numbers anytime and anywhere through a secure three-step authentication process.
• The system uses facial recognition technology by matching a live image of the customer with the Aadhaar database records maintained by the Unique Identification Authority of India (UIDAI).
• The solution enables self-service mobile number updates, complementing traditional branch-based support services.
• The Aadhaar Face Authentication system ensures secure verification by validating identity through real-time facial matching.
• As an additional security measure, Axis Bank has introduced a safeguard where mobile banking transaction limits are reset to default for 24 hours after a mobile number update.
• This ensures enhanced customer data security and fraud prevention during the re-registration process on the Axis Mobile App.

About Axis Bank:

• Founded Year: 1993
• Headquarters: Mumbai, Maharashtra, India
• CEO: Amitabh Chaudhry
• Slogan: "Badhti Ka Naam Zindagi" (A Life of Progress)

 CURRENT AFFAIRS: NATIONAL AND STATE NEWS

India’s Fisheries Sector Strengthened Food Security, Employment and Exports with ₹39,272 Crore Investment Since 2015

• India’s fisheries sector has emerged as a major contributor to food security, employment, export earnings and sustainable livelihoods, supported by a record investment of ₹39,272 crore by the Government of India since 2015.
• The sector supports nearly 30 million fishers and fish farmers at the primary level and almost twice as many across the fisheries value chain.
• India is the second-largest aquaculture producer globally, contributing about 8% of global fish production.
• India’s fish production increased from 141.64 lakh tonnes in Financial Year 2019–20 to 197.75 lakh tonnes in Financial Year 2024–25, registering an average annual growth rate of around 7%.
• India’s marine product exports more than doubled from ₹30,213 crore in Financial Year 2013–14 to ₹62,408 crore in Financial Year 2024–25, with shrimp exports alone contributing ₹43,334 crore.
• India exports over 350 varieties of seafood products to nearly 130 global markets, reflecting strong diversification in the export basket.
• The United States remained the largest destination, accounting for 36.42% of total seafood export value in Financial Year 2024–25, followed by China, the European Union, Southeast Asia, Japan, and the Middle East.
• The seafood export basket is dominated by frozen shrimp, followed by frozen fish, squid, dried items, frozen cuttlefish, surimi-based products, and live and chilled seafood.
• The share of value-added seafood products increased from 2.5% to 11%, reaching an export value of USD 742 million.
• Under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), the Department of Fisheries is supporting:
• Quality fish seed production
• Expansion and diversification of brackish-water aquaculture
• Promotion of export-oriented species
• Adoption of modern technologies
• Strengthening disease management and traceability systems
• Capacity building across the fisheries value chain
• The Government is promoting diversified aquaculture focusing on high-value species such as tuna, seabass, cobia, pompano, mud crab, GIFT tilapia, grouper, tiger shrimp (Penaeus monodon), scampi and seaweed, to expand India’s presence in premium international markets.
• India secured a comparability finding from the United States authorities under Marine Mammal Protection Act in 2025, ensuring continued seafood exports to the United States beyond the December 2025 deadline.
• To address restrictions on wild-caught shrimp exports, installation of Turtle Excluder Devices (TEDs) on shrimp trawlers is being implemented across coastal states.
• The Government launched a national digital traceability framework to ensure end-to-end tracking, food safety and compliance with global export standards, along with strengthening rules for sustainable fishing in India’s Exclusive Economic Zone.
• To improve ease of doing business in the fisheries sector, the Sanitary Import Permit (SIP) system has been fully digitised and integrated with the National Single Window System, reducing approval time from 30 days to 72 hours.
• Sanitary Import Permit requirements have been waived for:
• Specific Pathogen Free shrimp broodstock
• Fish oil
• Limited research and development samples
• Wild-caught fish imports meant for value addition and re-export
• Over the next five years, the Government plans to:
• Increase the share of value-added seafood exports
• Expand exports to markets such as the United Kingdom, European Union, Association of Southeast Asian Nations, and West Asia
• Develop inland export hubs and freshwater supply chains
• Strengthen cold-chain infrastructure
• Improve digital traceability and certification systems
• These initiatives support India’s goal of emerging as a reliable, globally compliant and premium seafood exporter, while strengthening food security, employment generation and sustainable fisheries development.

About Pradhan Mantri Matsya Sampada Yojana

• The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is a flagship scheme launched on September 10, 2020, to drive sustainable development in India's fisheries sector with a total investment of ₹20,050 crore, running from FY 2020-21 to 2024-25.
• Launch Date: September 10, 2020.
• Tenure: 5 years (FY 2020-21 to FY 2024-25).
• Total Outlay: ₹20,050 crore (Central: ₹9,407 cr, State: ₹4,880 cr, Beneficiary: ₹5,763 cr).
• Nodal Department: Department of Fisheries, Ministry of Fisheries, Animal Husbandry and Dairying.
• Implementation Model: Centrally Sponsored Scheme (CSS) and Central Sector Scheme (CS).

Ministry of Coal Achieved Record 200+ Million Tonnes Production and Dispatch from Captive and Commercial Coal Blocks in Financial Year 2025–26

• The Ministry of Coal marked Financial Year 2025–26 as a watershed year for India’s coal sector, with combined production and dispatch from captive and commercial coal blocks crossing the 200 Million Tonnes  (MT) mark for the first time.
• As on 31 March 2026, coal production from captive and commercial mines reached 210.46 MT, registering a 10.22% year-on-year growth compared to 190.95 MT in Financial Year 2024–25.
• Coal dispatch from these mines reached 204.61 MT, showing a 7.35% increase over 190.42 MT in Financial Year 2024–25, reflecting improved logistics efficiency and stronger coal supply chain performance.
• During Financial Year 2025–26, 12 captive and commercial coal blocks were operationalized through Mine Opening Permission (MOP), adding more than 86 MT of annual production capacity.
• Additionally, 7 coal blocks commenced production within the same financial year, demonstrating faster project execution and improved regulatory coordination.
• Over the last four years, both coal production and dispatch from captive and commercial mines have shown a steady upward trend, indicating streamlined evacuation systems and strengthened operational capacity.
• This achievement supports the vision of Aatmanirbhar Bharat by:
• Reducing dependence on coal imports
• Strengthening domestic coal production capacity
• Enhancing national energy security
• The progress also contributes to the long-term national vision of Viksit Bharat 2047 by:
• Supporting industrial growth
• Improving energy availability
• Strengthening India’s resource security and economic expansion

About Ministry of Coal

• Cabinet Minister: Shri G. Kishan Reddy
• Minister of State: Satish Chandra Dubey

Gujarat High Court Issued Policy Banning Use of Artificial Intelligence in Judicial Decision-Making and Judgment Drafting

• The Gujarat High Court issued a policy banning the use of Artificial Intelligence (AI) in judicial decision-making and drafting of judgments, emphasizing that human reasoning must remain central to the justice delivery system.
• The court acknowledged that Artificial Intelligence can improve efficiency, but clarified that fairness, accountability and judicial independence cannot be compromised by delegating judicial responsibilities to technology.
• As per the guidelines issued by the Gujarat High Court:
• Artificial Intelligence cannot be used for decision-making or adjudication
• It cannot assist in judicial reasoning or interpretation of law
• Use of Artificial Intelligence for drafting or generating judgments, orders or rulings is prohibited
• Artificial Intelligence cannot influence bail decisions, sentencing or determination of legal rights
• Even reviewing Artificial Intelligence-generated judgments is not acceptable, reinforcing that judicial responsibility cannot be delegated
• The policy highlighted several risks associated with the use of Artificial Intelligence in judicial processes:
• Risk of bias and hallucinations, where Artificial Intelligence systems may produce incorrect or misleading outputs affecting fairness of judgments
• Confidentiality concerns, as feeding sensitive legal data into Artificial Intelligence tools may lead to data breaches or misuse
• Threat to judicial independence, as reliance on Artificial Intelligence may influence decision-making and undermine the autonomy and accountability of judges
• The Gujarat High Court also imposed strict restrictions on the handling of legal data using Artificial Intelligence, stating that Artificial Intelligence is not allowed to:
• Process names, addresses or personal details of individuals or parties
• Access confidential legal strategies or communications
• Generate or modify evidence or legal documents
• Categorize or evaluate evidentiary material related to judicial proceedings
• However, the court permitted limited use of Artificial Intelligence in non-decisional and administrative functions, including:
• Legal research and case law analysis
• Identifying precedents and statutory interpretation with verification
• Supporting administrative tasks and case management
• Drafting circulars, notices and training materials
• This decision is significant as it protects the sanctity of judicial decision-making, balances technological innovation with ethical safeguards, and reinforces public trust in the justice delivery system by clarifying that Artificial Intelligence can assist but cannot replace human reasoning in law.

RECENT NEWS

• Honorable Prime Minister Narendra Modi has inaugurated the Kaynes Semicon Plant in Sanand, Gujarat on the March 31, 2026. This inauguration signals the India’s growing strength in the semiconductor manufacturing and with ambition to become the global tech leader. 

About Gujarat

• Capital: Gandhinagar
• Chief Minister: Bhupendra Patel
• Governor: Acharya Devvrat
• National Parks: Gir National Park (only habitat of Asiatic Lions), Velavadar Blackbuck National Park, Vansda National Park, Marine National Park (Gulf of Kutch)

Indian Railways Completed Western Dedicated Freight Corridor (WDFC) from Jawaharlal Nehru Port Terminal to Dadri

• Indian Railways successfully completed the Western Dedicated Freight Corridor (WDFC), marking a major milestone in India’s railway infrastructure development.
• The Western Dedicated Freight Corridor spans 1,506 kilometres from Jawaharlal Nehru Port Terminal (Maharashtra) to Dadri.
• The corridor has been executed by the Dedicated Freight Corridor Corporation of India Limited (DFCCIL) under the Ministry of Railways.
• The final milestone was achieved on 31 March 2026 with successful trial runs on the Jawaharlal Nehru Port Terminal–New Saphale section, confirming full operational readiness of the corridor.
• The corridor is a high-capacity double-line electrified freight corridor, designed specifically for heavy and long freight trains.
• The Western Dedicated Freight Corridor is expected to:
• Double freight carrying capacity
• Enable faster freight movement across western India
• Reduce transportation time and logistics costs
• Improve port connectivity, especially with Jawaharlal Nehru Port Terminal
• Enhance efficiency of supply chains
• Strengthen overall logistics performance in India
• The Eastern Dedicated Freight Corridor (EDFC), another major freight corridor project, has a length of 1,337 kilometres and runs from Ludhiana (Punjab) to Sonnagar, and is already completed and operational.
• Together, the Eastern Dedicated Freight Corridor and Western Dedicated Freight Corridor form the backbone of India’s freight transport modernization strategy, enabling:
• Higher freight throughput
• Reduced congestion on existing railway routes
• Improved efficiency of freight logistics
• In the Union Budget 2026–27, Nirmala Sitharaman, Union Minister of Finance, announced a new proposed freight corridor from Dankuni (West Bengal) to Surat (Gujarat).

RECENT NEWS

• Railway Minister Ashwini Vaishnaw introduced significant reforms to Indian Railways ticket cancellation and refund policy. The big highlight is that passengers will no longer eligible to receive any refund if they cancel tickets within 8 hours before train departure and it replaces the earlier 4-hour rule. 

India’s Major Ports Handled Record 915.17 Million Tonnes Cargo in Financial Year 2025–26

• India’s maritime sector achieved a record cargo handling of 915.17 million tonnes (MT) in Financial Year 2025–26, surpassing the annual target of 904 MT and registering a 7.06% year-on-year growth.
• The performance was reported by the Ministry of Ports, Shipping and Waterways, highlighting India’s growing trade capacity and strengthening maritime infrastructure.
• Top performing ports in terms of cargo handled:
• Deendayal Port Authority – 160.11 MT
• Paradip Port Authority – 156.45 MT
• Jawaharlal Nehru Port Authority – 102.01 MT
• Other major contributors included ports at Visakhapatnam, Mumbai, Chennai, and New Mangalore, which also significantly supported overall cargo handling.
• Fastest growing ports in Financial Year 2025–26:
• Mormugao Port Authority – 15.91% growth
• Kolkata Dock System – 14.28% growth
• Jawaharlal Nehru Port Authority – 10.74% growth
• The growth reflects balanced development across both eastern and western coasts of India.
• Major policy initiatives include:
• Development of modern port infrastructure
• Promotion of ease of doing business in logistics
• Integration with national programmes such as Sagarmala Programme
• India has 12 major ports managed by the central government and over 200 non-major ports managed by state governments.
• Key major ports include:
• Deendayal Port (Gujarat)
• Mumbai Port (Maharashtra)
• Jawaharlal Nehru Port (Maharashtra)
• Mormugao Port (Goa)
• New Mangalore Port (Karnataka)
• Syama Prasad Mookerjee Port (West Bengal)
• Cochin Port (Kerala)
• Chennai Port (Tamil Nadu)
• Kamarajar Port (Tamil Nadu)
• Paradip Port (Odisha)
• Visakhapatnam Port (Andhra Pradesh)
• V.O. Chidambaranar Port (Tamil Nadu)
• These ports handle a significant share of bulk cargo (coal, iron ore), container traffic, and petroleum and chemical products, making them critical to India’s trade and economic growth.

 CURRENT AFFAIRS: AWARDS AND HONOURS

Chetak Screen Awards 2026 Honoured Excellence in Indian Cinema; Dhurandhar Won 14 Awards and Homebound Won Best Film

• The Chetak Screen Awards 2026 celebrated outstanding achievements in Indian cinema at a grand ceremony held in New Delhi.
• The film Dhurandhar emerged as the biggest winner of the night, winning 14 awards across major performance and technical categories.
• The Best Film award was won by Homebound, which was also nominated for the Academy Awards 2026, highlighting its strong storytelling and global recognition.
• Ranveer Singh won the Best Actor (Male) award for Dhurandhar.
• Yami Gautam won the Best Actor (Female) award for Haq.
• Aditya Dhar won the Best Director award for Dhurandhar.
• Akshaye Khanna won the Best Supporting Actor (Male) award for Dhurandhar.
• Shalini Vatsa won the Best Supporting Actor (Female) award for Homebound.
• Ahaan Panday won the Breakthrough Actor (Male) award for Saiyaara.
• Aneet Padda won the Breakthrough Actor (Female) award for Saiyaara.
• Shazia Iqbal won the Breakthrough Director award for Dhadak 2.
• Vikash Nowlakha won the Best Cinematography award for Dhurandhar.
• Shivkumar V. Panicker won the Best Editing award for Dhurandhar.
• Saini S. Johray won the Best Production Design award for Dhurandhar.
• Bishwadeep Chatterjee won the Best Sound Design award for Dhurandhar.
• Dhurandhar also won the Best Special Effects (Visual Effects) award.
• Homebound won the Best Story and Screenplay award.
• Aditya Dhar won the Best Dialogue award for Dhurandhar.
• The Best Song award was won by the title track of Saiyaara.
• Gulzar won the Best Lyrics award for Gustaakh Ishq.
• Faheem Abdullah won the Best Playback Singer (Male) award for Saiyaara.
• Shreya Ghoshal won the Best Playback Singer (Female) award for Saiyaara.
• Shashwat Sachdev won the Best Background Score award for Dhurandhar.
• Shararat won the Best Choreography award for Dhurandhar.
• Chhaava and Dhurandhar jointly received the Best Costume Design award.
• Dhurandhar also won awards for Best Makeup and Hairstyling and Best Action.
• Haq received the Best Film for Gender Sensitivity award.
• In the Over The Top platform category, Stolen won the Best Over The Top Film award.
• Abhishek Banerjee won the Best Over The Top Actor (Male) award for Stolen.
• Sanya Malhotra won the Best Over The Top Actor (Female) award for Mrs.
• Karan Tejpal won the Best Over The Top Director award for Stolen, which also received the Best Over The Top Script award.
• The performance of Dhurandhar across acting and technical categories highlighted its excellence in both cinematic storytelling and production quality, while Homebound’s Best Film award reflected the importance of strong narrative depth and audience connection.

CURRENT AFFAIRS : DEFENCE NEWS

INS Trikand reaches Dar-es-Salaam during deployment in South West Indian Ocean Region

• INS Trikand, a frontline guided missile frigate of the Indian Navy, arrived at Dar-es-Salaam, Tanzania as part of its deployment in the South West Indian Ocean Region.
• The visit aims to strengthen maritime cooperation and enhance bilateral ties between India and Tanzania.
• Engagements include professional interactions and joint training exercises with the Tanzania Navy to improve interoperability and operational coordination.
• The visit also features social and community engagements such as friendly sports events, yoga sessions, and a cultural evening onboard to promote people-to-people connections.
• Critical stores transported from India will be handed over during the port call, supporting logistical cooperation.
• Captain Sachin Kulkarni, Commanding Officer of INS Trikand, will meet senior officials of the Tanzania People’s Defence Forces and Government of Tanzania.
• The port visit aligns with India’s vision of MAHASAGAR (Mutual and Holistic Advancement for Security and Growth Across Regions), promoting regional maritime security and cooperation.

India’s Defence Exports Hit Record ₹38,424 Crore in FY26, Grow 63% Year on Year

• India’s defence exports reached an all-time high of ₹38,424 crore in Financial Year (FY) 26, registering a 62.66% growth over ₹23,622 crore in FY25.
• Defence Public Sector Undertakings (DPSUs) contributed 54.84% (₹21,071 crore), while the private sector contributed 45.16% (₹17,353 crore).
• DPSU exports surged by 151%, while private sector exports grew by 14%, indicating strong participation from both sectors.
• India now exports defence equipment to 80+ countries, including BrahMos missiles, Akash air defence systems, Dornier aircraft, Pinaka rockets, torpedoes, and armoured vehicles.
• The number of defence exporters increased to 145 from 128, reflecting expansion of the domestic defence ecosystem.
• The sharp rise in exports represents about three times growth over the past five years, showing long-term growth in India’s defence manufacturing and export capabilities.
• The increase indicates growing global acceptance of Indian-made defence products and deeper integration into international supply chains.
• Policy measures such as ease of doing business and export facilitation have created a performance-oriented and globally competitive defence industry.
• The Department of Defence Production has streamlined regulatory procedures via a revamped online portal and simplified Standard Operating Procedures (SOPs) for export authorisations.
• The achievement supports Prime Minister Narendra Modi’s vision of positioning India among the world’s leading defence exporters.

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

Technology Development Board-Department of Science & Technology backs Scharge Private Limited under India–United Kingdom R&D programme to advance EV charging infrastructure

• The Technology Development Board (TDB) under the Department of Science & Technology (DST), Government of India signed an agreement with M/s Scharge Pvt Limited for the project “Powering EV Charging Innovation.”
• The project is supported under the India–United Kingdom (UK) Collaborative R&D Programme for Industrial Sustainability, in partnership with UK-based Albright Product Design Limited.
• The initiative aims to develop advanced and efficient Electric Vehicle (EV) charging solutions, particularly for commercial fleet and depot operations.
• The project integrates an innovative EV charger charge controller developed by Scharge Pvt Limited with a patented automated cable management system from the UK partner.
• A key feature is the motorised overhead cable management system, which reduces manual handling, cable wear and tear, and enhances operational efficiency and user convenience.
• The system is compatible with existing AC Type-2 EV chargers and is designed to improve charging turnaround time in high-demand environments.
• The technology addresses critical challenges such as cable management, equipment protection, and workflow optimisation, enhancing overall efficiency of EV charging depots.
• It also improves safety standards by reducing risks related to cable damage, vandalism, and operational hazards.
• Scharge Pvt Limited, an emerging Indian EV technology company, focuses on advanced power electronics and smart charging systems.
• The project supports indigenous capability building and promotes scalable and sustainable EV infrastructure, strengthening India’s electric mobility ecosystem.

Recent News :

• In April 2026, Technology Development Board (TDB) under the Department of Science & Technology (DST), Government of India, extended financial assistance to Indigenous Energy Storage Technologies Private Limited, based in Roorkee, Uttarakhand.

Sādhana Saptah 2026 to Promote Citizen-Centric Governance and Civil Services Skill Development (April 2–8)

• Strengthening Adaptive Development and Humane Aptitude for National Advancement (Sādhana) Saptah 2026 is being organised from April 2–8, 2026 to promote citizen-centric governance and skill development across civil services.
• It is organised by the Department of Personnel and Training (DoPT), Capacity Building Commission (CBC), and Karmayogi Bharat, marking 5 years of Mission Karmayogi.

Key Highlights :

• Sādhana Saptah is structured around three themes — Technology, Tradition, and Tangible Outcomes — to enhance governance efficiency and citizen impact.
• The initiative carries the tagline “Ham Bane Karmayogi” and also marks the Foundation Day of the Capacity Building Commission.
• Each Ministry/Department will present two priority technology interventions, two sector-relevant indigenous/traditional models, and three measurable outcome commitments for FY 2026–27.
• Mission Karmayogi aims to build a future-ready, transparent, and citizen-centric civil service through competency-based learning and capacity building.
• The mission aligns with PM Narendra Modi’s vision to transform governance by strengthening human resource foundations in government.
• Capacity Building Commission (CBC), established in 2021, supports Ministries and Departments in preparing and implementing capacity building plans.
• Karmayogi Bharat Special Purpose Vehicle, established in 2022, manages the iGOT digital learning platform for government employees.
• The iGOT Karmayogi platform provides online training in behavioural, functional, and domain areas, enabling learning anytime, anywhere.
• Over the past 5 years, Mission Karmayogi registered 5 crore learners, achieved 8 crore course completions, and offered 4,600+ courses in multiple languages.
• Sādhana Saptah reinforces competency-led capacity building at scale and focuses on translating skills and capabilities into better service delivery.
• The initiative involves 100+ Central Ministries/Departments, 36 States/UTs, and 250+ Civil Services Training Institutions, fostering a national-level collaborative learning movement.
• Three themes (Sutras) of Sādhana Saptah:
• Technology (April 3–4): Emphasises AI in governance, Digital Public Infrastructure, data-informed decision-making, prompt engineering, and automation platforms.
• Tradition (April 5–6): Focuses on Indian Knowledge Systems, ethical frameworks from Indian philosophy, and community-based governance models.
• Tangible Outcomes (April 7–8): Highlights citizen impact tracking, priority sector outcomes, dashboard-based monitoring, and ensuring policies translate into visible improvements.

Bharti Airtel Becomes World’s Second-Largest Mobile Operator with 650 Million Subscribers: GSMA Data

• Bharti Airtel has become the world’s second-largest mobile operator, crossing 650 million global mobile subscribers as per GSMA data.
• This milestone positions Airtel just behind the largest telecom operator globally, based on subscriber count.
• The achievement reflects Airtel’s strong growth driven by consistent service quality, network expansion, and innovation-led operations.
• Airtel operates across India and 13 African countries (14 countries total), highlighting its strong global telecom footprint.
• In India, Airtel serves 368 million mobile customers, forming a major share of its total subscriber base.
• Airtel is strengthening its global connectivity ecosystem through partnerships with Eutelsat OneWeb and SpaceX for LEO satellite-based broadband services.
• The company continues to expand infrastructure rapidly, particularly in Africa (Nigeria), improving coverage and network capacity.
• In Nigeria, Airtel has expanded its network sites from ~13,000 to ~17,200, including 1,560+ new sites added in the last year.
• Airtel accounts for 46,918 base-station layers in Nigeria, contributing significantly to the country’s radio access network infrastructure.
• Nearly 99% of Airtel Nigeria sites are 4G-enabled, ensuring a strong high-speed broadband footprint.
• The expansion supports rising data demand, improved network speed, and better service reliability during peak usage.
• Overall, Airtel’s growth reflects its transformation into a global telecom leader with strong digital and satellite connectivity ambitions.

EaseMyTrip Partners with National Skill Development Corporation and Sanatan AI to Develop Panchayat-Level Spiritual Economy Network

• Easy Trip Planners Limited (EaseMyTrip) has entered into a strategic collaboration with the National Skill Development Corporation (NSDC), Sanatan AI, and the Bhagva platform to launch an entrepreneurship initiative in India’s spiritual services sector.
• The initiative is titled “1 Panchayat – 1 Pandit – SANATANAI Shop on Wheels by EMT”, aimed at promoting local spiritual entrepreneurship.
• It plans to deploy EV-based mobile service units across up to 2 lakh Panchayats over a period of five years.
• These units will function as mobile spiritual commerce hubs, providing services such as pooja bookings, pooja samagri supply, virtual darshan, religious events (kathas and jagrans), and pilgrimage travel planning.
• The initiative targets Pandits, Pujaris, and Sanskrit-trained youth, enabling them to become certified micro-entrepreneurs.
• It promotes skill development, structured training, and standardised service delivery to integrate traditional service providers into the formal economy.
• Financial support for eligible participants will be provided through a Pradhan Mantri MUDRA Yojana (PMMY)-linked framework, encouraging self-employment and entrepreneurship.
• EaseMyTrip will integrate religious and pilgrimage travel services into the ecosystem and expand its presence in the religious tourism sector through a decentralised franchise model.
• The initiative reflects a broader effort to combine technology, spirituality, and entrepreneurship for rural economic development.

Japan Deploys First Long-Range Type-12 Land-to-Ship Missile System at Camp Kengun in Kumamoto

• Japan has deployed its first long-range missile system, the upgraded Type-12 land-to-ship missile, at Camp Kengun in Kumamoto.
• The missile is developed by Mitsubishi Heavy Industries and has a range of approximately 1,000 km, significantly higher than the earlier 200 km version.
• This deployment provides Japan with a standoff strike capability, enabling it to target enemy bases from long distances.
• It marks a major shift in Japan’s defence posture away from its traditional strict self-defense-only policy.
• Japan is also strengthening its defence capabilities by deploying advanced systems such as hypersonic glide vehicles (HGVs).
• Additionally, Japan plans to induct US-made Tomahawk cruise missiles to further enhance its long-range strike capability.
• Overall, the development reflects Japan’s move towards a more proactive and strengthened national defence strategy.

About Japan:

• Capital: Tokyo
• Currency: Japanese Yen (JPY)
• Prime Minister: Sanae Takaichi

CURRENT AFFAIRS: SPORTS NEWS

Murali Sreeshankar Won Men’s Long Jump Title at Indian Athletics Series 2026 with 8.15 Metres

• Murali Sreeshankar won the men’s long jump event at the Indian Athletics Series 2026, registering a jump of 8.15 metres.
• The event was held at Kanteerava Stadium, where he was the only athlet e to cross the 8-metre mark.
• This performance marked his season-best effort and strong comeback after knee surgery in 2024.
• The injury had forced him to miss the Paris Olympics 2024, making this victory a significant milestone in his return to top-level competition.
• After returning from injury, he also participated in the World Athletics Championships 2025, where he struggled to reach peak form.
• His previous best jump last season was 8.13 metres, slightly lower than his current performance of 8.15 metres, indicating improving form and consistency.
• In the men’s long jump competition:
• Murali Sreeshankar secured first place with 8.15 metres
• Sunny Kumar finished second with 7.90 metres
• Purushotham finished third with 7.87 metres
• His winning jump came in the fourth attempt, demonstrating strong control and competitive consistency.
• In the women’s long jump competition:
• Ancy Sojan won first place with 6.54 metres
• Shaili Singh secured second place with 6.52 metres
• Moumita Mondal finished third with 6.37 metres

Bhuvneshwar Kumar Became First Fast Bowler to Take 200 Wickets in Indian Premier League History

• Bhuvneshwar Kumar created history by becoming the first fast bowler to take 200 wickets in the Indian Premier League (IPL) during the match between Royal Challengers Bengaluru and Chennai Super Kings in the IPL 2026 season.
• He achieved the milestone by dismissing Ayush Mhatre, becoming only the second bowler overall after Yuzvendra Chahal to reach 200 wickets in IPL history.
• This achievement is significant because spin bowlers have traditionally dominated the top wicket-taking positions in IPL history, making Bhuvneshwar Kumar’s milestone notable for fast bowlers.
• Yuzvendra Chahal currently remains the highest wicket-taker in IPL history, with Bhuvneshwar Kumar placed second on the all-time list.
• Bhuvneshwar Kumar made his IPL debut in 2011 and has represented franchises including Royal Challengers Bengaluru, Pune Warriors India, and Sunrisers Hyderabad.
• His best IPL season was 2017, when he took 26 wickets and won the Purple Cap.
• He also won the Purple Cap in 2016 with 23 wickets, becoming the only bowler in IPL history to win back-to-back Purple Cap awards.
• As per recent IPL statistics, the top five wicket-takers in IPL history include:
• Yuzvendra Chahal – 224 wickets
• Bhuvneshwar Kumar – 200 wickets
• Sunil Narine – 193 wickets
• Piyush Chawla – 192 wickets
• Ravichandran Ashwin – 187 wickets

CURRENT AFFAIRS: IMPORTANT DAYS

International Day of Sport for Development and Peace 2026 Observed on 6 April

• International Day of Sport for Development and Peace (IDSDP) 2026 was observed globally on 6 April 2026 to highlight the role of sport in promoting peace, inclusion, equality, and sustainable development.
• The theme for 2026 is “Sport: Building Bridges, Breaking Barriers”, emphasising sport as a powerful tool for unity, inclusion, and global cooperation.
• The day was declared by the United Nations (UN) in 2013 and has been observed annually since 2014.
• The observance of 6 April commemorates the opening of the first modern Olympic Games held in Athens, Greece in 1896, symbolising sport’s long-standing role in promoting global unity.
• The International Olympic Committee (IOC) plays a key role in promoting sport as a tool for social transformation through its Olympism365 strategy, which supports over 550 social impact programmes across 189 countries, benefiting millions of people worldwide.
• A major sporting highlight of 2026 is the Dakar 2026 Youth Olympic Games, scheduled to be held from 31 October to 13 November 2026 in Dakar, Senegal.
• The Dakar 2026 Youth Olympic Games will be the first Olympic event hosted in Africa, aimed at enhancing youth engagement and promoting regional development through sport.
• Athletes from over 206 National Olympic Committees participate in the Olympic Games, demonstrating peaceful coexistence, solidarity, respect, and inclusion through sport.
• The Olympic Truce Mural, introduced during the Torino 2006 Winter Olympics, symbolises global commitment to peace, respect, solidarity, and inclusion among athletes and nations.
• In 2015, sport was officially recognised as an important enabler of sustainable development within the United Nations Sustainable Development Goals (SDGs) framework.
• In 2024, all 193 United Nations Member States adopted the resolution titled “Sport as an Enabler of Sustainable Development”, recognising sport’s contribution to gender equality and women empowerment, mental and physical health, human rights, and social inclusion.

World Health Day 2026 Observed on 7 April with Theme “Together for Health. Stand with Science”

• World Health Day 2026 was observed worldwide on 7 April 2026 to promote physical, emotional and mental well-being of people across the globe.
• The theme of World Health Day 2026 is “Together for Health. Stand with Science”, highlighting the importance of science-based actions and collective global efforts to improve health outcomes.
• The day is observed annually under the leadership of the World Health Organization (WHO) to raise awareness about priority global health challenges and the need for urgent action to protect both human health and planetary health.
• World Health Organization emphasized the need to foster a global movement for creating societies focused on well-being and strengthening sustainable health systems worldwide.
• The origin of World Health Day dates back to December 1945, when officials from China and Brazil proposed the establishment of an independent international health organization not controlled by any government authority.
• The constitution of the World Health Organization was approved in 1946, and 61 countries signed the agreement for the establishment of the organization.
• World Health Day was first celebrated on 22 July 1949, and later the date was changed to 7 April to mark the anniversary of the establishment of the World Health Organization and to encourage greater participation, especially among students and communities worldwide.

Daily CA One- Liner: April 7

• India’s fisheries sector has emerged as a major contributor to food security, employment, export earnings and sustainable livelihoods, supported by a record investment of ₹39,272 crore by the Government of India since 2015
• The Ministry of Coal marked Financial Year 2025–26 as a watershed year for India’s coal sector, with combined production and dispatch from captive and commercial coal blocks crossing the 200 Million Tonnes (MT) mark for the first time.
• The Gujarat High Court issued a policy banning the use of Artificial Intelligence (AI) in judicial decision-making and drafting of judgments, emphasizing that human reasoning must remain central to the justice delivery system
• Indian Railways successfully completed the Western Dedicated Freight Corridor (WDFC), marking a major milestone in India’s railway infrastructure development
• India’s maritime sector achieved a record cargo handling of 915.17 million tonnes (MT) in Financial Year 2025–26, surpassing the annual target of 904 MT and registering a 7.06% year-on-year growth
• The Chetak Screen Awards 2026 celebrated outstanding achievements in Indian cinema at a grand ceremony held in New Delhi
• Murali Sreeshankar won the men’s long jump event at the Indian Athletics Series 2026, registering a jump of 15 metres.
• Bhuvneshwar Kumar created history by becoming the first fast bowler to take 200 wickets in the Indian Premier League (IPL) during the match between Royal Challengers Bengaluru and Chennai Super Kings in the IPL 2026 season.
• The Reserve Bank of India (RBI) reported that the Current Account and Savings Account (CASA) ratio declined to a 2-year low of 37.9% in the December 2025 quarter, compared to 1% in December 2023.
• The Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), which markets the Amul brand, achieved a major milestone with its brand turnover crossing ₹1 lakh crore in Financial Year (FY) 2025–26.
• Bank of Baroda (BoB) crossed the ₹30 lakh crore global business milestone (deposits + advances) for the first time, reaching ₹30.78 lakh crore in March 2026.
• Reserve Bank of India (RBI) imposed a monetary penalty of ₹10.30 lakh on Exclusive Capital Limited.
• Axis Bank has launched a digital mobile number update facility on its mobile banking app using Aadhaar Face Authentication.
• INS Trikand, a frontline guided missile frigate of the Indian Navy, arrived at Dar-es-Salaam, Tanzania as part of its deployment in the South West Indian Ocean Region.
• India’s defence exports reached an all-time high of ₹38,424 crore in Financial Year (FY) 26, registering a 66% growth over ₹23,622 crore in FY25.
• The Technology Development Board (TDB) under the Department of Science & Technology (DST), Government of India signed an agreement with M/s Scharge Pvt Limited for the project “Powering EV Charging Innovation.”
• Strengthening Adaptive Development and Humane Aptitude for National Advancement (Sādhana) Saptah 2026 is being organised from April 2–8, 2026 to promote citizen-centric governance and skill development across civil services.
• Bharti Airtel has become the world’s second-largest mobile operator, crossing 650 million global mobile subscribers as per GSMA data.
• Easy Trip Planners Limited (EaseMyTrip) has entered into a strategic collaboration with the National Skill Development Corporation (NSDC), Sanatan AI, and the Bhagva platform to launch an entrepreneurship initiative in India’s spiritual services sector.
• Japan has deployed its first long-range missile system, the upgraded Type-12 land-to-ship missile, at Camp Kengun in Kumamoto.
• International Day of Sport for Development and Peace (IDSDP) 2026 was observed globally on 6 April 2026 to highlight the role of sport in promoting peace, inclusion, equality, and sustainable development
• World Health Day 2026 was observed worldwide on 7 April 2026 to promote physical, emotional and mental well-being of people across the globe