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CURRENT AFFAIRS : BANKING, FINANCE & BUSINESS

Asian Development Bank revises India’s FY27 Gross Domestic Product growth forecast upward to 6.9% from 6.5%

• The Asian Development Bank (ADB) released its latest Asian Development Outlook (ADO) April 2026 report, titled “The Middle East Conflict Challenges Resilience in Asia and the Pacific”.
• The report raised India’s Gross Domestic Product (GDP) growth forecast for FY2026–27 (FY27) to 6.9%, up from the earlier estimate of 6.5%, indicating stronger-than-expected economic performance.
• The revised projection is still lower than the 7.6% growth estimated for FY2025–26 (FY26).
• India’s growth outlook is driven by robust private consumption, rising real incomes, higher investment activity, supportive policies, and recent trade agreements.
• For FY2028, India’s economy is projected to grow at 7.3%, supported by government salary revisions, pensions, strong public investment, and favourable external conditions.
• Inflation in India is expected to rise from   2.1% in FY26 to 4.5% in FY27, driven by food price rebound, higher global crude oil prices, and currency weakness.
• Inflation is projected to ease to 4% in FY28, indicating improvement in supply-side conditions.
• The developing Asia and Pacific region is expected to grow at 5.1% in CY2026 and CY2027, slightly lower than 5.4% in CY2025, showing moderation in regional growth momentum.

Recent News :

• In April 2026, The Asian Development Bank (ADB) approved a $115.8 million loan for the Narayanganj Green and Resilient Urban Development Project in Narayanganj City Corporation (NCC), Bangladesh.

About ADB :

• Formation : 19 December 1966
• Headquarters : Philippines
• President : Masato Kanda
• Membership : 69 countries

Reserve Bank of India launches ‘Utkarsh 2029’ as its Medium-Term Strategy Framework for 2026–29, replacing Utkarsh 2.0

• The Reserve Bank of India (RBI) launched ‘Utkarsh 2029’, its Medium-Term Strategy Framework for April 2026–March 2029, succeeding Utkarsh 2.0 (2023–25).
• The framework aims to guide the RBI’s strategic priorities, institutional development, and transformation into a world-class, full-service central bank.
• It is built around six strategic pillars, defining RBI’s long-term priorities:

1. Robust Regulations
2. Customer Centricity and Inclusive Finance
3. Competitive Markets
4. Effective Technology
5. Future-ready Organisation
6. Global India / Global Integration

• The RBI earlier introduced Utkarsh 2022 in 2019, replacing short-term annual planning with a long-term strategic framework
• Progress under Utkarsh 2029 will be monitored through a digital Utkarsh web application, with quarterly review by top management and oversight by a Sub-committee of the Central Board.
• The strategy includes 49 deliverables across the six pillars, focused on strengthening India’s financial and regulatory ecosystem.
• Under Project Sa-Mudra, the RBI will focus on modernising currency management systems.
• The framework plans to expand Central Bank Digital Currency (CBDC) to enable efficient cross-border payments and financial innovation.
• It emphasizes scaling the Unified Lending Interface (ULI) to improve inclusive credit delivery, especially for underserved segments.
• The RBI also plans to develop an indigenous AI-based Large Language Model (LLM) for internal operational efficiency and digital transformation.

Reserve Bank of India issues draft amendment directions to revise identification framework for Upper Layer Non-Banking Financial Companies under Scale-Based Regulation system

• The Reserve Bank of India (RBI) issued draft amendment directions (2026) to revise the framework for identifying Upper Layer Non-Banking Financial Companies (NBFC-UL) under the Scale-Based Regulation (SBR)
• As per the draft “RBI (Non-Banking Financial Companies – Registration, Exemptions and Framework for Scale Based Regulation) Second Amendment Directions, 2026”, NBFC-UL will include entities with assets exceeding ₹1 lakh crore.
• The framework proposes the inclusion of government-owned NBFCs in the Upper Layer, following the principle of ownership-neutral regulation.
• It also allows NBFC-UL entities to use State Government guarantees as a credit risk transfer tool without any cap, subject to regulatory conditions.
• As per RBI norms, the top 15 NBFC-UL entities are required to be listed, strengthening market discipline and transparency.
• Tata Sons, with assets of around ₹1.7 lakh crore, qualifies for NBFC-UL classification, but has not undertaken listing despite the October 2025 deadline.
• The absence of explicit listing enforcement reduces immediate IPO pressure on eligible entities like Tata Sons.
• Non-Banking Financial Companies (NBFCs) are financial institutions regulated by the RBI that provide banking-like services such as loans and investments without holding a full banking licence.
• The revised framework aims to strengthen risk management, governance, and regulatory oversight in the NBFC sector.

Paytm introduces biometric Unified Payments Interface payments and cardless Automated Teller Machine withdrawals

• Paytm (One 97 Communications Limited) introduced biometric authentication for Unified Payments Interface (UPI) payments and cardless Automated Teller Machine (ATM) withdrawals.
• The rollout aligns with the Reserve Bank of India (RBI) new 2-Factor (2F) authentication framework, effective from 1 April 2026.
• The system enables users to authenticate payments, check balances, and withdraw cash without entering a UPI PIN, improving ease and security of transactions.
• The new mechanism supports PIN-free digital transactions using biometric verification, enhancing user convenience in digital payments.
• As per National Payments Corporation of India (NPCI) guidelines, biometric UPI transactions are capped at ₹5,000 per transaction.
• Cardless ATM withdrawals are capped at ₹10,000 per transaction, ensuring controlled risk in cashless banking operations.
• The RBI 2F authentication framework mandates verification using more than one factor, including PIN, password, secure token, or biometric authentication.
• The framework applies to all digital payment systems, including UPI, cards, and wallets, strengthening overall cybersecurity in India’s digital payments ecosystem.
• Overall, the initiative marks a shift towards biometric-driven, secure, and user-friendly digital payment authentication in India.

 CURRENT AFFAIRS: NATIONAL AND STATE NEWS

Startup India Fund of Funds 2.0 Launched with ₹10,000 Crore Corpus

• The Government of India launched Startup India Fund of Funds 2.0 (FoF 2.0) with a corpus of ₹10,000 crore to strengthen India’s startup ecosystem by supporting deep-tech, innovative manufacturing, and early-stage startups.
• The initiative aims to improve access to venture capital through Alternative Investment Funds and promote innovation-driven economic growth.

Key Highlights

• The scheme aims to boost funding support for deep-tech, innovative manufacturing, and early-stage startups
• Under the scheme, the Government will invest in Securities and Exchange Board of India–registered Alternative Investment Funds, which will further invest in startups
• The scheme is monitored by the Department for Promotion of Industry and Internal Trade under the Ministry of Commerce and Industry
• The implementation of the scheme will be carried out by the Small Industries Development Bank of India
• The scheme aims to increase venture capital investment and strengthen research and development–intensive startups
• It focuses on promoting technology-driven startups and supporting both early-stage and growth-stage enterprises
• The scheme follows a segmented funding structure covering deep-tech startups, early-stage and Micro Venture Capital support, innovative manufacturing startups, and sector-agnostic investments
• It encourages investments in advanced technologies such as artificial intelligence, robotics, quantum computing, and biotechnology
• The initiative supports long-duration investments for startups with longer gestation periods
• An empowered committee chaired by the Secretary of the Department for Promotion of Industry and Internal Trade will oversee implementation
• Detailed operational guidelines including eligibility criteria, fund disbursal mechanisms, and monitoring framework will be issued separately

RECENT NEWS

• Government of India approved the Nutrient-Based Subsidy (NBS) rates for the Rabi 2025–26 season, ensuring continued access to affordable and balanced fertilizers for Indian farmers. The approved rates will remain effective from 1 October 2025 to 31 March 2026 and apply to Phosphatic and Potassic (P&K) fertilizers, including Di-Ammonium Phosphate (DAP) and multiple NPKS grades.

Prime Minister Narendra Modi Inaugurates Delhi–Dehradun Economic Corridor

• Prime Minister of India Shri Narendra Modi, inaugurated the Delhi–Dehradun Economic Corridor, a major infrastructure project aimed at improving connectivity between Delhi and Dehradun.
• The corridor is expected to boost tourism, trade, logistics, employment opportunities, and regional economic development in Uttarakhand and surrounding areas.

Key Highlights

• The project supports regional economic growth by boosting trade, logistics, warehousing, and industrial development
• The corridor will generate employment opportunities during construction and operational phases
• It will help farmers and local producers access larger markets more quickly and efficiently
• The expressway will improve connectivity to major religious and tourist destinations including Haridwar, Rishikesh, Mussoorie, and the Char Dham sites—Yamunotri, Gangotri, Kedarnath, and Badrinath
• Improved connectivity is expected to enhance tourism activities, including hotels, transport services, and homestay businesses in the region
• A 12-kilometre elevated wildlife corridor has been constructed to ensure safe movement of wildlife, especially elephants, while protecting forest ecosystems and biodiversity
• The inauguration coincided with major festivals including Baisakhi, Bohag Bihu, and Puthandu
• The event also marked the birth anniversary of B. R. Ambedkar, highlighting its national significance

RECENT NEWS

• The 7th edition of the India–Japan Joint Military Exercise ‘Dharma Guardian’ has commenced at the Foreign Training Node in Chaubattia, Uttarakhand. The exercise will be conducted from 24 February to 9 March 2026.

CURRENT AFFAIRS : INTERNATIONAL NEWS

India and Mauritius operationalise $680 million aid package projects to strengthen bilateral development cooperation

• India and Mauritius operationalised projects under a $680 million economic assistance package, strengthening bilateral cooperation and development partnership.
• The initiative includes 11 India-supported community development projects across sectors such as sustainable development, energy, sports, and infrastructure.
• Both countries launched a “Karmayogi Portal”, a first-of-its-kind initiative by India abroad, to train Mauritian civil servants and enhance governance capacity building.
• A Memorandum of Understanding (MoU) was signed between India’s University Grants Commission (UGC) and the Higher Education Commission of Mauritius, strengthening education cooperation.
• The projects are part of a broader India-Mauritius economic package, including grants, loans, and budgetary support of $25 million.
• The initiative aims to enhance infrastructure, health, energy security, and governance systems in Mauritius.
• A proposed government-to-government agreement on oil and gas supply was discussed to strengthen Mauritius’ energy security, especially amid global disruptions.
• India will also appoint a Defence Attaché in Mauritius, marking a step towards deeper strategic and defence cooperation.
• The projects were inaugurated in Port Louis, the capital of Mauritius, in the presence of Navinchandra Ramgoolam and External Affairs Minister S. Jaishankar.

About Mauritius :

• President : Dharam Gokhool
• Prime Minister : Navin Ramgoolam
• Capital : Port Louis
• Currency : Mauritian rupee

CURRENT AFFAIRS : APPOINTMENTS & RESIGNATIONS

Djibouti President Ismaïl Omar Guelleh Wins Sixth Consecutive Term in Presidential Election

• Ismaïl Omar Guelleh, the incumbent President of Djibouti, was re-elected for a sixth consecutive term after winning the presidential election.
• His re-election reflects the continued political dominance of the ruling establishment in Djibouti.
• The election followed a constitutional amendment in October 2025, which removed the 75-year age limit for presidential candidates.
• This amendment enabled the 78-year-old Ismaïl Omar Guelleh to contest the election again.
• The election was marked by boycotts from major opposition parties, reducing electoral competition.
• Ismaïl Omar Guelleh, representing the Union for the Presidential Majority (UMP), secured 97.81% of the total votes.
• He defeated his only opponent Mohamed Farah Samatar, representing the Unified Democratic Centre (CDU).
• The voter turnout was 80.33%, indicating strong electoral participation despite opposition boycott.
• Djibouti’s political system shows strong incumbent advantage and long-term leadership continuity.
• The country’s location in the Horn of Africa gives it strategic geopolitical importance near the Red Sea shipping route.

About Djibouti :

• Prime Minister : Abdoulkader Kamil Mohamed
• Capital : Djibouti City
• Currency : Djiboutian franc

Lieutenant General Susan Coyle becomes first woman to lead Australian Army in 125 years, marking historic milestone

• Lieutenant General Susan Coyle has been appointed as the first woman to head the Australian Army in its 125-year history, marking a historic leadership milestone.
• The appointment is part of a broader leadership reshuffle in the Australian Defence Force (ADF) aimed at modernisation and diversification.
• She will assume office as Chief of Army in July 2026, replacing Lieutenant General Simon Stuart.
• Currently, Susan Coyle serves as the Chief of Joint Capabilities in the Australian Defence Force.
• The move has been described as historic by Prime Minister Anthony Albanese, highlighting its symbolic and institutional significance.
• Coyle joined the Australian Army in 1987 and has held several senior operational and strategic command roles.
• Her experience includes expertise in cyber warfare, strategic operations, and modern military capabilities.
• At 55 years of age, she brings decades of leadership and defence experience to the top position.
• She will become the first woman to lead any service branch of the Australian Defence Force (ADF).
• Women currently make up about 21% of the ADF and 18.5% of senior leadership roles.
• The ADF aims to increase female representation to 25% by 2030, reflecting a push for greater gender inclusion.
• The leadership reshuffle also included Vice Admiral Mark Hammond as head of the ADF, replacing Admiral David Johnston.
• Rear Admiral Matthew Buckley will take over as Chief of the Navy following the transition.

CURRENT AFFAIRS : SCIENCE & TECHNOLOGY

Union Minister Dr Jitendra Singh proposes Artificial Intelligence -driven ‘Smart Governance’ curriculum and outlines vision for Indian Institute of Public Administration as national capacity-building hub

• Union Minister Dr. Jitendra Singh proposed positioning the Indian Institute of Public Administration (IIPA) as a nodal institution for building Artificial Intelligence (AI) competencies among public sector officials.

Key Highlights :

• The initiative aims to develop a structured curriculum for AI-driven “Smart Governance”, marking a step toward technology-led administrative reforms in India.
• IIPA is expected to collaborate with institutions such as the Capacity Building Commission, Department of Personnel and Training (DoPT), the National Centre for Good Governance (NCGG), LBSNAA Mussoorie, and Administrative Reforms bodies for designing AI governance training frameworks.
• The proposal strengthens IIPA’s role as a national hub for capacity building, training, and policy research in public administration.
• The institute’s membership has expanded to around 11,000 officials, including young civil servants such as Assistant Secretaries, enhancing its institutional reach.
• IIPA conducted 129 training courses for nearly 6,000 officials, reinforcing its role in public administration capacity building.
• The government has introduced district-level initiatives such as IIPA chapters and district governance indices to promote grassroots governance and data-driven administration.
• The “Saral AI” portal, developed under the Anusandhan National Research Foundation, will simplify complex scientific and technological content into citizen-friendly formats.
• The ₹10,370-crore India AI Mission was highlighted as a key pillar of India’s AI-driven digital transformation strategy.
• The mission focuses on strengthening AI research, innovation, infrastructure, and skill development for inclusive governance and economic growth.
• The government has provisioned 38,000 CPUs and 22,000 GPUs to expand national AI computing capacity.
• India is expanding its global engagement in Artificial Intelligence collaborations and international AI summits, boosting its technological ecosystem.
• The CPGRAMS grievance redressal system has achieved over 95% disposal rate, improving citizen-centric governance efficiency.
• CPGRAMS now operates in a hybrid model, combining AI efficiency with human interaction for empathetic grievance resolution.
• Under Mission Karmayogi, over 1.45 crore officials have registered for digital capacity-building and governance training.
• The platform provides learning content in 23 languages, including those in the Eighth Schedule of the Constitution, ensuring inclusive skill development.

National Aeronautics and Space Administration’s Artemis II lunar mission crew safely returns to Earth

• All four crew members of National Aeronautics and Space Administration’s (NASA) Artemis II safely returned to Earth, splashing down in the Pacific Ocean off the coast of California,United States of America (USA).
• The mission was completed using NASA’s Orion capsule named ‘Integrity’, which carried the astronauts on a 10-day journey around the Moon and back.
• The Artemis II crew members were:
• Reid Wiseman – Commander (the United States of America, USA)
• Victor Glover – Pilot (USA)
• Christina Koch – Mission Specialist (USA)
• Jeremy Hansen – Mission Specialist (Canada)
• The mission created history by completing the first-ever ship-to-ship call between a human Moon mission and the International Space Station (ISS).
• During this historic communication, Christina Koch aboard Artemis II spoke with Jessica Meir aboard the ISS.
• Artemis II also set a new record for the farthest distance humans have travelled from Earth.
• The spacecraft reached 252,752 miles from Earth during a flyby of the Moon’s far side.
• This surpassed the previous record of 248,655 miles, set by Apollo 13 in 1970.
• Artemis II marks a major milestone in NASA’s lunar exploration programme, paving the way for future human Moon landings under the Artemis programme.

About NASA :

• Formed : July 29, 1958
• Headquarters : Washington, D.C.

OpenAI launches GPT 5.4 Cyber, a specialised AI model to strengthen cybersecurity and digital defence systems

• OpenAI has introduced GPT 5.4 Cyber, a specialised AI model for cybersecurity applications designed to strengthen digital defence systems.
• The model is part of OpenAI’s Trusted Access for Cyber (TAC) programme, aimed at supporting security professionals in vulnerability detection and malware analysis.

Key Highlights :

• GPT 5.4 Cyber is a fine-tuned version of GPT-5.4, specifically optimised for cybersecurity tasks rather than general-purpose use.
• It enables advanced capabilities such as analysis of large codebases, system vulnerability detection, and malware behaviour evaluation.
• A key feature is binary reverse engineering, allowing experts to analyse software without access to source code.
• The model helps identify hidden vulnerabilities and assess system resilience, strengthening cyber defence infrastructure.
• Due to its sensitive capabilities, access is restricted to trusted organisations, cybersecurity firms, and verified researchers under TAC.
• Strict identity verification and usage controls have been implemented to prevent misuse and adversarial exploitation.
• The launch reflects growing global AI competition in cybersecurity technologies and the rise of AI-driven defence systems.
• Anthropic has also introduced Claude Mythos under Project Glasswing, marking parallel advancements in AI cybersecurity models.
• While GPT 5.4 Cyber is a modified model, Claude Mythos is reportedly built from scratch for similar cybersecurity functions.
• The AI system is designed for responsible deployment, balancing democratization of access with strong safety guardrails.
• OpenAI’s earlier tool Codex Security has already helped fix over 3,000 critical and high-severity vulnerabilities.

Recent News :

• In April 2026, Razorpay partnered with OpenAI to enable seamless integration of payment systems into AI-built applications, allowing developers to embed payments directly into apps within minutes and simplify monetisation of AI products.

North Korea conducts cruise and anti-ship missile tests from 5,000-ton destroyer

• North Korea conducted a fresh round of missile tests involving strategic cruise missiles and anti-ship missiles, demonstrating enhanced naval combat capability development.
• The tests were carried out from the Choe Hyon-class destroyer, a 5,000-ton class naval warship.
• A total of two strategic cruise missiles and three anti-ship missiles were launched during the operational trials off the western coast of North Korea.
• The exercise was aimed at testing the ship’s integrated weapons command system, crew combat readiness, and missile-launch procedures.
• The missiles reportedly demonstrated high accuracy, successfully striking their intended targets during the drills.
• The cruise missiles remained airborne for approximately 7,869–7,920 seconds, while anti-ship missiles flew for 1,960–1,973 seconds before impact.
• The trials evaluated navigation accuracy under electronic interference, including anti-jamming systems and upgraded targeting mechanisms.
• The drills combined land-attack and maritime strike capabilities, validating the ship’s multi-role combat functionality.
• The Choe Hyon-class destroyer is equipped with an integrated vertical launch system (VLS), enabling rapid switching between cruise and anti-ship missile operations.
• The missile systems use inertial navigation with satellite updates, while anti-ship missiles rely on active radar seekers in the terminal phase.
• The leadership also reviewed plans to build two additional destroyers annually from 2026, signalling a naval expansion strategy.
• The tests continue a pattern of progressive naval modernisation, following earlier trials conducted in April 2025.

About North Korea :

• Capital : Pyongyang
• Currency : Korean People's won

Anthropic Unveils Claude Mythos AI Model to Detect Hidden Bugs in Legacy Software

• Anthropic has introduced Claude Mythos, its most advanced Artificial Intelligence (AI) model designed to detect hidden bugs in legacy software that human reviewers may have missed.
• The model is not publicly released and is restricted to a consortium of over 40 companies, focusing on analysing decades-old codebases to identify previously undetected vulnerabilities.
• Claude Mythos is based on Claude, a Large Language Model (LLM), comparable to systems like ChatGPT and Gemini, used for coding, reasoning, and productivity tasks.
• The model is capable of not only detecting vulnerabilities but also automatically generating exploit code and combining multiple security flaws, raising concerns about advanced cyberattack potential.
• Due to these risks, Anthropic launched Project Glasswing, a controlled access programme for trusted organisations (~50 entities).
• Organisations such as Microsoft, Nvidia, and Cisco are part of this restricted network aimed at strengthening defensive cybersecurity systems.
• The initiative reflects growing concerns around dual-use AI technologies, where models can be used for both defensive security and offensive cyber capabilities.

CURRENT AFFAIRS: MOUS AND AGREEMENT

India and Myanmar Sign Memorandum of Understanding for School Construction in Nay Pyi Taw

• The India and Myanmar signed a Memorandum of Understanding for the construction of a school in Nay Pyi Taw during the visit of Kirti Vardhan Singh, Union Minister of State in the Ministry of External Affairs.
• The initiative reflects India’s continued commitment to strengthening bilateral relations and supporting community infrastructure development in Myanmar.
• The project aims to support early childhood development by improving physical, intellectual, and social learning environments for children
• The initiative is being implemented under India’s Small Development Projects framework
• The project reflects India’s commitment under its Neighbourhood First policy to strengthen ties with neighbouring countries through community-focused development initiatives
• During the visit, Kirti Vardhan Singh attended the inauguration ceremony of Myanmar’s new President
• He also interacted with the Indian diaspora and Friends of India in Yangon, reaffirming India’s commitment to enhancing bilateral cooperation and people-to-people relations between the two countries

About Myanmar

• Capital: Naypyidaw
• Currency: Myanmar Kyat

Doordarshan and Indian Council for Cultural Relations Sign Memorandum of Understanding to Promote Indian Culture Globally

• Doordarshan, under the aegis of Prasar Bharati, signed a Memorandum of Understanding with the Indian Council for Cultural Relations to promote Indian art, culture, and heritage globally through enhanced collaboration in broadcasting and cultural exchange initiatives.
• The agreement was signed by K. Satish Nambudiripad, Director General of Doordarshan, and K. Nandini Singla, Director General of the Indian Council for Cultural Relations, at Doordarshan Bhawan.
• Under the agreement, Doordarshan will leverage its television, radio, and digital platforms to broadcast cultural content produced by the Indian Council for Cultural Relations
• The collaboration includes coverage of cultural programmes organised by Indian Missions abroad and events conducted at Indian Council for Cultural Relations headquarters and regional offices
• The Indian Council for Cultural Relations will provide cultural content, while Doordarshan will ensure dissemination through television, radio, Over-The-Top platforms, and social media platforms
• The agreement provides for joint perpetual ownership of content rights, including digital rights, enabling long-term archiving and wider dissemination
• Doordarshan will also support pre-event publicity and cross-platform promotion of cultural programmes
• The Memorandum of Understanding will remain valid for three years, with provision for extension through mutual consent

About Doordarshan

• Doordarshan (DD) is India's autonomous public service broadcaster, established on September 15, 1959, and is one of the country's largest broadcasting organizations. Owned by the Ministry of Information and Broadcasting through Prasar Bharati, it operates numerous channels, including the flagship DD National, providing nationwide coverage, news, and entertainment

About Indian Council for Cultural Relations

• President: Vinay Sahasrabuddhe
• Founded: 9 April 1950, New Delhi
• Director General: K. Nandini Singla
• Founder: Maulana Azad

CURRENT AFFAIRS: SPORTS NEWS

Sanju Samson Named International Cricket Council Men’s Player of the Month for March 2026

• Sanju Samson was named the International Cricket Council Men’s Player of the Month for March 2026 for his outstanding match-winning performances in the ICC Men's T20 World Cup
• He also received the Player of the Tournament award for his crucial role in helping India national cricket team secure the title consecutively.
• He scored 321 runs in the tournament and emerged as a key performer in decisive matches
• In March 2026 alone, he scored 275 runs in three matches at an average of 137.50 with a strike rate close to 200
• He played an unbeaten 97-run innings against West Indies cricket team, helping India reach the semi-final stage
• He scored 89 runs in the semi-final stage against England cricket team and New Zealand cricket team
• He recorded three consecutive match-winning half-centuries during the crucial phase of the tournament
• Initially not part of the regular playing eleven, he secured his place during the Super 8 stage through consistent performances
• His contributions played a major role in helping India win the International Cricket Council Men’s T20 World Cup title consecutively, highlighting his ability to perform under pressure

Amelia Kerr Named International Cricket Council Women’s Player of the Month for March 2026

• Amelia Kerr, captain of the New Zealand women's national cricket team, was named the International Cricket Council Women’s Player of the Month for March 2026 for her outstanding all-round performances against Zimbabwe and South Africa.
• This marks her third International Cricket Council Player of the Month award, highlighting her consistent excellence with both bat and ball.
• Amelia Kerr received the International Cricket Council Women’s Player of the Month award for March 2026
• She delivered a record-breaking performance in the One Day International series against Zimbabwe, taking 16 wickets in three matches
• Her bowling performance included career-best figures of 7 wickets for 34 runs
• She also scored 140 runs in the series, demonstrating strong all-round ability
• In the Twenty20 International series against South Africa, she scored 276 runs, helping New Zealand secure a 4–1 series victory
• She achieved 11 consecutive scores of 30 or more runs in Twenty20 Internationals, highlighting her consistency
• Following her performances, she secured the top position in the International Cricket Council Women’s Twenty20 International all-rounder rankings
• She assumed captaincy from Sophie Devine, strengthening team performance under her leadership

CURRENT AFFAIRS : OBITUARIES

Legendary singer and Padma Vibhushan awardee Asha Bhosle passed away

• Asha Bhosle, legendary playback singer and Padma Vibhushan awardee, passed away at the age of 92 in Mumbai, Maharashtra.

About Asha Bhosle :

• Asha Bhosle was born on 8 September 1933 in Sangli, former princely state of Sangli (now in Maharashtra).
• She is remembered as one of the greatest vocalists in modern Indian music history.
• Asha Bhosle began her singing career in 1943 and sustained an extraordinary eight-decade musical journey.
• She recorded over 12,000 songs in more than 20 languages, making her one of the most prolific singers in history.
• She was known for unmatched versatility across film music, classical, ghazals, pop, cabaret, folk, bhajans, and Rabindra Sangeet.
• In 2011, she was recognised by Guinness World Records as the most recorded artist in music history.
• By the 1950s, she had established a strong identity in Hindi cinema and worked with leading music composers for decades.
• Some of her famous songs include ‘Abhi Na Jao Chhod Kar’, ‘In Ankhon Ki Masti’, ‘Dil Cheez Kya Hai’, ‘Piya Tu Ab To Aaja’, and ‘Duniya Mein Logon Ko’.
• She gave voice to many leading actresses including Meena Kumari, Madhubala, Zeenat Aman, Kajol, Urmila Matondkar, Padmini, and Vyjayanthimala.

Awards & Honors :

• She was honoured with the Padma Vibhushan in 2008, which is India’s second-highest civilian award, for her contribution to the field of Arts.
• She received the prestigious Dadasaheb Phalke Award in 2000, the highest honour in Indian cinema.
• She also received the Lata Mangeshkar Award in 1989 and 1999.
• She won 7 Filmfare Awards and was honoured with the Filmfare Lifetime Achievement Award in 2001.

Mahavir Chakra awardee Col. Sonam Wangchuk, ‘Lion of Ladakh’, passed away at 61 in Leh

• Sonam Wangchuk, a Mahavir Chakra (MVC) awardee and Kargil War hero, passed away at the age of 61 in Leh, Ladakh due to a heart attack.
• He was popularly known as the ‘Lion of Ladakh’, reflecting his bravery and leadership in high-altitude warfare.
• He was born on 27 January 1964 in Sankar village, Leh district (Ladakh).
• He served in the Ladakh Scouts Regiment, known for its expertise in high-altitude and extreme terrain operations.
• During the Kargil War, he played a crucial leadership role in military operations.
• He led operations to clear enemy positions along the Chorbat La axis in the Batalik sector, ensuring strategic advantage for India.
• His efforts contributed to securing the Line of Control (LoC) in the Ladakh region.
• In recognition of his bravery, the GoI named two military posts ‘Sonam 1’ and ‘Sonam 2’ in his honour.

Awards & Honors :

• The Government of India (GoI) honoured him with the Mahavir Chakra (MVC) in 1999, which is India’s second-highest wartime gallantry award.

CURRENT AFFAIRS: IMPORTANT DAYS

Bohag Bihu 2026 Celebrated from 14 to 20 April in Assam

• Bohag Bihu, also known as Rongali Bihu, will be celebrated from 14 April to 20 April 2026 across Assam.
• The festival marks the Assamese New Year and the onset of the spring season, symbolising agricultural prosperity, cultural unity, and new beginnings.
• It is one of the most important festivals of Assam and is celebrated through traditional music, dance, rituals, and community gatherings.
• Bohag Bihu, also known as Rongali Bihu, marks the Assamese New Year and the beginning of the spring season
• The festival will be celebrated from 14 April to 20 April 2026 across Assam
• The celebrations span seven days, each with distinct cultural and agricultural significance
• Goru Bihu (Day 1) is dedicated to cattle, which are washed, decorated, and worshipped for their role in agriculture
• Manuh Bihu (Day 2) involves wearing new clothes and seeking blessings from elders
• Gosai Bihu (Day 3) is dedicated to worship of household deities
• The remaining days—Tator Bihu, Nangolor Bihu, Jyori Bihu, and Sera Bihu—focus on agricultural rituals, social bonding, and festive celebrations
• Bohag Bihu has its origins in ancient traditions of the Brahmaputra Valley, marking the beginning of the agricultural sowing season
• Historians associate the festival with early fertility rituals linked to nature worship, which later evolved into a vibrant cultural celebration combining rituals, music, and dance

Pohela Boishakh 2026 Celebrated on 15 April

• Pohela Boishakh, the Bengali New Year, will be celebrated on 15 April 2026, marking the beginning of the Bengali calendar year 1433.
• The festival is observed with great enthusiasm across West Bengal, Bangladesh, and Bengali communities worldwide, symbolising cultural unity, joy, and new beginnings through traditional rituals, food, music, and greetings.
• The festival will be celebrated on 15 April 2026
• The Mesha Sankranti occurred on 14 April 2026, marking the Sun’s transition into Aries
• As per the Bengali solar calendar, the festival is observed on the next day’s sunrise, leading to celebrations on 15 April 2026
• The term Pohela means “first”, and Boishakh refers to the first month of the Bengali calendar
• The festival traces its origins to the Mughal era, when the Bengali calendar was restructured to align with agricultural cycles and revenue collection
• Over time, the festival evolved into a major cultural celebration of Bengali identity, also known as Nabo Borsho
• The day symbolises renewal, prosperity, cultural harmony, and fresh opportunities for the new year

Himachal Day 2026 Observed on 15 April

• Himachal Day will be observed on 15 April 2026 to mark the historic formation of Himachal Pradesh in 1948 through the merger of several princely states into a single administrative unit after India’s independence.
• The day commemorates the beginning of the political identity and administrative unification of the hill regions of the state, which is known for its Himalayan landscapes and rich cultural heritage.
• Himachal Day is observed every year on 15 April to mark the formation of Himachal Pradesh as a Chief Commissioner’s Province.
• Around 28 to 30 princely states, including Chamba, Mandi, and Sirmaur, were merged to form a single administrative unit
• The formation helped bring scattered hill regions under one governance system and laid the foundation of modern Himachal Pradesh
• In 1950, Himachal Pradesh became a Union Territory
• On 25 January 1971, Himachal Pradesh attained full statehood and became the 18th state of India
• 25 January is observed separately as Himachal Pradesh Statehood Day
• Shimla, the present capital of Himachal Pradesh, earlier served as the summer capital of British India, highlighting its historical importance

Daily CA One- Liner: April 16

• The Government of India launched Startup India Fund of Funds 2.0 (FoF 2.0) with a corpus of ₹10,000 crore to strengthen India’s startup ecosystem by supporting deep-tech, innovative manufacturing, and early-stage startups
• Prime Minister of India Shri Narendra Modi, inaugurated the Delhi–Dehradun Economic Corridor, a major infrastructure project aimed at improving connectivity between Delhi and Dehradun
• The India and Myanmar signed a Memorandum of Understanding for the construction of a school in Nay Pyi Taw during the visit of Kirti Vardhan Singh, Union Minister of State in the Ministry of External Affairs
• Doordarshan, under the aegis of Prasar Bharati, signed a Memorandum of Understanding with the Indian Council for Cultural Relations to promote Indian art, culture, and heritage globally through enhanced collaboration in broadcasting and cultural exchange initiatives
• Sanju Samson was named the International Cricket Council Men’s Player of the Month for March 2026 for his outstanding match-winning performances in the ICC Men's T20 World Cup 2026
• Amelia Kerr, captain of the New Zealand women's national cricket team, was named the International Cricket Council Women’s Player of the Month for March 2026 for her outstanding all-round performances against Zimbabwe and South Africa
• Bohag Bihu, also known as Rongali Bihu, will be celebrated from 14 April to 20 April 2026 across Assam.
• Pohela Boishakh, the Bengali New Year, will be celebrated on 15 April 2026, marking the beginning of the Bengali calendar year 1433
• Himachal Day will be observed on 15 April 2026 to mark the historic formation of Himachal Pradesh in 1948 through the merger of several princely states into a single administrative unit after India’s independence.
• The Asian Development Bank (ADB) released its latest Asian Development Outlook (ADO) April 2026 report, titled “The Middle East Conflict Challenges Resilience in Asia and the Pacific”.
• The Reserve Bank of India (RBI) launched ‘Utkarsh 2029’, its Medium-Term Strategy Framework for April 2026–March 2029, succeeding Utkarsh 2.0 (2023–25).
• The Reserve Bank of India (RBI) issued draft amendment directions (2026) to revise the framework for identifying Upper Layer Non-Banking Financial Companies (NBFC-UL) under the Scale-Based Regulation (SBR)
• Paytm (One 97 Communications Limited) introduced biometric authentication for Unified Payments Interface (UPI) payments and cardless Automated Teller Machine (ATM) withdrawals.
• India and Mauritius operationalised projects under a $680 million economic assistance package, strengthening bilateral cooperation and development partnership.
• Ismaïl Omar Guelleh, the incumbent President of Djibouti, was re-elected for a sixth consecutive term after winning the presidential election.
• Lieutenant General Susan Coyle has been appointed as the first woman to head the Australian Army in its 125-year history, marking a historic leadership milestone.
• Union Minister Dr. Jitendra Singh proposed positioning the Indian Institute of Public Administration (IIPA) as a nodal institution for building Artificial Intelligence (AI) competencies among public sector officials.
• All four crew members of National Aeronautics and Space Administration’s (NASA) Artemis II safely returned to Earth, splashing down in the Pacific Ocean off the coast of California,United States of America (USA).
• OpenAI has introduced GPT 5.4 Cyber, a specialised AI model for cybersecurity applications designed to strengthen digital defence systems.
• North Korea conducted a fresh round of missile tests involving strategic cruise missiles and anti-ship missiles, demonstrating enhanced naval combat capability development.
• Anthropic has introduced Claude Mythos, its most advanced Artificial Intelligence (AI) model designed to detect hidden bugs in legacy software that human reviewers may have missed.
• Asha Bhosle, legendary playback singer and Padma Vibhushan awardee, passed away at the age of 92 in Mumbai, Maharashtra.
• Sonam Wangchuk, a Mahavir Chakra (MVC) awardee and Kargil War hero, passed away at the age of 61 in Leh, Ladakh due to a heart attack.