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Current Affairs 1 April 2026 - Daily News for UPSC, SSC, Banking | Current Affairs Pulse
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1 April 2026
1 April 2026
40 articles
31 high importance
40 with quiz
All (40)
Economy (19)
Miscellaneous (3)
Science & Tech (3)
Environment (2)
International (4)
Defence (5)
Polity & Governance (4)
Economy
High
quiz
Quiz
Government Extends RoSCTL Scheme to Boost Textile Exports Competitiveness
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The Indian government has extended the Rebate of State and Central Taxes and Levies (RoSCTL) scheme for apparel, garments, and made-ups until September 30, 2026.
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The scheme aims to enhance the global competitiveness of India's labor-intensive textile sector by refunding embedded state and central taxes and levies.
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Benefits under RoSCTL are provided through transferable duty credit scrips, which can be utilized for customs duties or traded.
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Miscellaneous
Medium
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Early Screen Use Stunts Child Social, Sensory Growth, Experts Warn
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Paediatricians and psychologists express growing concern over early screen exposure in children.
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Excessive screen use is linked to stunted social and sensory development.
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Children may miss crucial real-world interactions, impacting their ability to form healthy relationships later.
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Economy
High
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India Ramps Up Energy & Fertilizer Security Amidst West Asia Conflict
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India's Cabinet Committee on Security (CCS) reviewed strategies to mitigate the impact of the West Asia conflict and Strait of Hormuz blockade on national interests.
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Key focus areas include diversifying sources for critical imports like Liquefied Natural Gas (LNG), Liquefied Petroleum Gas (LPG), and fertilizers.
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Measures are being implemented to ensure adequate power availability, stabilize domestic LPG prices, and monitor food commodity prices to safeguard citizens.
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Economy
High
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India Accelerates E-Bus Adoption with New Tender to Boost Energy Security
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India is intensifying its efforts to electrify public transport by accelerating the adoption of electric buses.
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A new tender for 3,000 electric bus units is anticipated to be issued by June.
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This strategic move aims to significantly reduce the country's reliance on fossil fuels.
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Economy
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India reverses jet fuel price hike; commercial LPG up amid global oil surge
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India has reversed the recent hike in Aviation Turbine Fuel (ATF) prices.
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Commercial Liquefied Petroleum Gas (LPG) prices have increased by approximately ₹200.
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These price movements are primarily driven by a global surge in crude oil prices.
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Economy
High
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India Tightens Footwear Standards to Curb Toxic Chemicals, Boost Exports
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India has implemented stricter quality control norms for footwear manufacturing.
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The new regulations specifically target the presence of toxic chemicals like Dimethylformamide (DMF) and Polycyclic Aromatic Hydrocarbons (PAHs).
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These measures aim to safeguard consumer health by reducing exposure to harmful substances.
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Miscellaneous
High
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India's Cooking Fuel Shift: LPG Dominates, Rural Areas Still Rely on Firewood
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A majority of Indian households now use Liquefied Petroleum Gas (LPG) for cooking, a significant increase from approximately 20% two decades ago.
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Despite this widespread adoption, a substantial portion of families, particularly in rural areas and economically weaker states, continue to rely on firewood.
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The transition reflects evolving energy access patterns and has implications for public health, environment, and women's empowerment.
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Economy
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India's GST Revenue Hits ₹1.78 Trillion in March, Gross Collections Cross ₹2 Trillion
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India's net Goods and Services Tax (GST) revenue for March reached ₹1.78 trillion.
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Gross GST receipts, before accounting for refunds, touched ₹2 trillion in March.
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This marks an 8.8% year-on-year increase in gross collections.
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Economy
Medium
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Indian Railways Targets Record Freight Movement of 1,670 MT by FY26
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Indian Railways aims to achieve a record freight transportation volume of 1,670 million tonnes (MT) by Financial Year 2025-26 (FY26).
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This ambitious target is primarily driven by projected increases in the movement of key commodities like fertilizers and steel.
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Despite the record projection, the anticipated growth rate is considered modest when compared to other transport sectors.
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Economy
Medium
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Government Extends RoSCTL Scheme to Support Textile Exporters Amid Global Uncertainty
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The Indian government has extended the Rebate of State and Central Taxes and Levies (RoSCTL) scheme for textile exporters.
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The scheme, which covers apparel and made-ups, is now extended by six months until September 30, 2024.
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RoSCTL aims to refund embedded State and Central taxes and levies to boost the global competitiveness of Indian textile products.
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Economy
High
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Pre-bankruptcy transaction 'lookback' period expanded to two years under IBC
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The 'lookback' period for scrutinizing pre-bankruptcy transactions has been extended to two years.
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This expansion applies to deals made before a bankruptcy petition is filed with the National Company Law Tribunal (NCLT).
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The measure aims to prevent asset stripping and fraudulent transactions by companies nearing insolvency.
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Economy
High
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PM Reviews Strategy to Diversify LPG, LNG, Fertilizer Imports Amid Geopolitical Tensions
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Prime Minister Modi chaired a high-level meeting to review measures for diversifying India's energy and fertilizer import sources.
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The primary objective is to reduce reliance on West Asian suppliers due to ongoing geopolitical conflicts in the region.
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Key strategies include ensuring price stability, enforcing anti-hoarding measures, and securing alternative trade routes.
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Science & Tech
High
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TP53 Gene Mutation Linked to Aggressive Adult Leukaemia, Impacts Treatment Strategy
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A recent U.S. multi-institutional study found a TP53 gene mutation in about 10% of adult Acute Lymphoblastic Leukaemia (ALL) patients.
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Patients with this specific mutation exhibited higher relapse rates and lower long-term survival compared to those without it.
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The findings underscore the TP53 mutation as a critical prognostic indicator for aggressive adult ALL.
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Environment
High
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Rice's Whale: Critically Endangered Species Threatens Gulf of Mexico Oil Drilling
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Rice's whale, a distinct species identified in 2021, is critically endangered.
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It primarily inhabits a specific area in the northeastern Gulf of Mexico.
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Proposed oil and gas drilling activities in its habitat pose a significant threat to its survival.
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Science & Tech
High
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NASA's Artemis 2 Moon Flyby Mission Primed for Launch
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NASA's Artemis 2 mission, a crewed lunar flyby, is scheduled for launch from Florida.
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This mission is the first crewed flight of the Artemis program, designed to return humans to the Moon.
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It aims to test the Orion spacecraft and the Space Launch System (SLS) before future lunar landing missions.
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Economy
High
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U.S. Report Flags India's High Tariffs and Non-Tariff Barriers
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A recent U.S. government report has expressed concerns over India's trade policies.
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The report specifically highlights India's high import duties (tariffs) and various non-tariff barriers as impediments to trade.
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Criticism was also directed at the ad hoc modification of tariff rates through Gazette notifications, lacking public comment.
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Economy
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Commercial LPG Prices Rise, Government Caps ATF Hike Amidst OMC Under-Recovery
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Commercial LPG cylinder prices have seen an increase, impacting businesses.
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The government has imposed a 25% cap on the hike in Aviation Turbine Fuel (ATF) prices for domestic flights.
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Oil Marketing Companies (OMCs) are currently experiencing an under-recovery of ₹380 per LPG cylinder.
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Economy
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Recent GST Revenue Hits ₹2 Lakh Crore, Driven by Import Taxes and Trade Dynamics
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Recent Goods and Services Tax (GST) collections reached ₹2 lakh crore, marking a 10-month high.
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The significant increase in revenue is primarily attributed to taxes collected on imports.
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Tax experts suggest this growth reflects higher international prices and a potential trade imbalance.
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Economy
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Indian Stock Markets Surge on De-escalation Hopes Amidst Significant FII Outflows
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Indian benchmark equity indices, Sensex and Nifty, commenced the new financial year with substantial gains.
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The Sensex recorded a significant jump of 1,186 points, driven by positive market sentiment attributed to de-escalation hopes.
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Despite the market rally, Foreign Institutional Investors (FIIs) registered a considerable net outflow from Indian equities.
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Economy
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Government allows SEZ export units to sell in domestic market at concessional rates
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The government has permitted Special Economic Zone (SEZ) export units to sell their products in the Domestic Tariff Area (DTA).
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These sales will be subject to concessional customs duty rates, rather than full duties.
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The decision aims to support export-oriented units facing challenges due to the current global trade environment.
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Economy
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Global Tensions Drive Up Auto Costs, Maruti to Hike Prices Amidst FY26 Sales Growth
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India's Personal Vehicle (PV) sales are projected to grow by 8% year-on-year in FY26, driven by positive market factors.
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Automobile manufacturers, including Maruti Suzuki, are set to increase vehicle prices due to mounting cost pressures.
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Rising global commodity prices, particularly for oil, gas, and key metals, are a primary reason for increased input costs.
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Economy
Medium
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IndiGo Raises Fuel Surcharge Despite ATF Cap, Airfares Increase
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IndiGo has announced an increase in fuel surcharges for both domestic and international flights.
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The surcharge for domestic flights can go up to Rs 900, while for Europe flights it can reach Rs 10,000.
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This move comes despite a government-imposed cap on Aviation Turbine Fuel (ATF) prices for domestic carriers.
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International
High
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U.S. Exit from NATO: Trump's 'Paper Tiger' Remark Sparks Alliance Debate
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Donald Trump criticized NATO, labeling it a 'paper tiger' and expressing disbelief over members' refusal to join a potential conflict with Iran.
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Trump is reportedly considering the U.S. exiting the North Atlantic Treaty Organization.
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These comments highlight ongoing tensions regarding burden-sharing and strategic alignment within the alliance.
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International
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UK Labour Leader on Middle East Conflict and Strait of Hormuz
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UK Labour leader Keir Starmer stated that the ongoing conflict involving the US, Israel, and Iran is not in the UK's national interest, advocating for non-involvement.
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Starmer emphasized the UK's potential role in ensuring the opening of the Strait of Hormuz, a critical global maritime choke point.
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The statement highlights a potential divergence in foreign policy approach from the current UK government and its transatlantic allies.
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Defence
Medium
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Iran Denies Trump's Claim of Ceasefire Request with United States
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Former US President Donald Trump claimed Iran's new leader had requested a ceasefire with the United States.
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Iran's foreign ministry spokesperson promptly denied Trump's statement, labeling it as false and baseless.
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This exchange highlights the persistent diplomatic tensions and communication challenges between the two nations.
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Defence
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Iran's Strategic Deadlock: Nuclear Deal, Missile Program, and Gulf Security Reshaping
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A Johns Hopkins professor suggests Iran might be open to a nuclear deal but remains firm on its missile program and control over the Strait of Hormuz.
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This stance indicates a strategic deadlock with the US, potentially leading to a significant reshaping of the Gulf's security architecture.
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The Strait of Hormuz is a critical global chokepoint for oil transit, making Iran's control a major international concern.
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Defence
High
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Israeli Strike Kills Senior Hezbollah Commander in Beirut, Escalating Regional Tensions
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An Israeli airstrike in Beirut, Lebanon, resulted in the death of a senior Hezbollah commander.
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The incident occurred on April 1, 2026, in the Jnah district of Beirut.
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This event is expected to further escalate tensions in the already volatile Middle East region.
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International
Medium
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US-Iran Ceasefire Claims: Trump's Assertion vs. Tehran's Denial
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Former US President Donald Trump claimed Iran's President requested a ceasefire.
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Iran's President Masoud Pezeshkian denied the request, calling it 'false'.
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Pezeshkian stated Iran is willing for a ceasefire if adversaries guarantee no return of hostilities.
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Science & Tech
High
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Artemis II Mission: US-China Race for Lunar Dominance and Geopolitical Stakes
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The US Artemis program aims to return humans to the Moon, with Artemis II being a crucial crewed test flight.
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The mission is part of a renewed international space race, primarily between the United States and China, to establish lunar presence.
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Success of Artemis missions could see US astronauts on the Moon significantly ahead of China's timeline.
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Miscellaneous
High
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India's First Digital Census Scheduled for 2027, Largest Global Enumeration
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India is set to conduct its first fully digital census in 2027, marking a significant technological shift in the country's demographic data collection.
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This upcoming census will be the largest enumeration exercise globally, aiming to capture comprehensive data on India's vast population.
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The data collection process will primarily utilize a mobile application, enhancing efficiency and potentially reducing the time taken for enumeration.
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Economy
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NSO Releases 'Energy Statistics India 2026' Report on Energy Sector Trends
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The National Statistics Office (NSO) has released its annual publication, 'Energy Statistics India 2026'.
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The report provides an integrated dataset covering India's major energy resources.
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Key areas covered include energy reserves, production, consumption, trade, and overall sector trends.
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Defence
High
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Indian Navy to receive Malwan, second ASW Shallow Water Craft from CSL
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Malwan, the second of eight Anti-Submarine Warfare Shallow Water Crafts (ASW SWC), is scheduled for delivery to the Indian Navy.
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The delivery date for Malwan is specified as March 31, 2026, marking a significant step in naval capabilities.
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Constructed by Cochin Shipyard Limited (CSL), Malwan is a high-tech, waterjet-propelled warship.
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International
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India's Neighbourhood Policy Reboot: Trade as a Strategic Imperative
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India is presented with a strategic opportunity to re-evaluate and revitalize its neighbourhood policy.
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Economic engagement, particularly through enhanced trade, is identified as a crucial instrument for strengthening regional ties.
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A robust trade-centric approach can bolster India's influence, foster stability, and achieve strategic objectives in South Asia.
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Environment
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Rethinking Disaster Risk Assessment: Beyond Total Population Count for Better Preparedness
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Current disaster risk assessment methods often rely on total population, leading to a distorted view of actual risk.
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States with smaller populations but high exposure to hazards may receive inadequate funding for disaster preparedness.
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This flawed approach weakens overall disaster management efforts and leaves vulnerable populations at greater risk.
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Polity & Governance
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Chhattisgarh HC: Private Prayer Meetings Need No Prior Permission
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The Chhattisgarh High Court ruled that prior permission is not required for prayer meetings held in private dwellings.
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The decision came after petitioners challenged police notices demanding such permissions for religious gatherings in their homes.
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The court clarified that authorities can intervene only if there are violations such as noise pollution or a breach of law and order.
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Polity & Governance
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Allegations of Voter List Manipulation Erupt in West Bengal Ahead of Elections
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Trinamool Congress (TMC) has accused the Bharatiya Janata Party (BJP) of attempting to manipulate voter lists in West Bengal through bulk submissions of Form 6.
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West Bengal Chief Minister Mamata Banerjee has written to the Chief Election Commissioner (CEC), alleging 'voter hijacking' by including 'outsiders' in the state's electoral roll.
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The Chief Electoral Officer (CEO) of West Bengal clarified that his office's role is to process Form 6 applications according to established rules, not to pre-verify the intent behind submissions.
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Defence
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NIA, ED Bust Maoist Extortion and Money Laundering Rackets, Seize ₹40 Crore Assets
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The National Investigation Agency (NIA) and Enforcement Directorate (ED) jointly dismantled Maoist extortion and money laundering networks.
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NIA's dedicated anti-Naxal vertical is actively investigating over 100 cases, with chargesheets filed in nearly 90.
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The operations led to the seizure of assets valued at more than ₹40 crore, disrupting the financial lifeline of Naxal groups.
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Polity & Governance
Medium
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Kerala Elections: LDF and UDF in direct contest, NDA seeks to emerge as third force
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The electoral contest in Kerala is primarily between the ruling CPI(M)-led Left Democratic Front (LDF) and the Congress-led United Democratic Front (UDF).
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The BJP-led National Democratic Alliance (NDA) is actively working to establish itself as a significant third political force in the state.
•
This election highlights the multi-party system and coalition dynamics prevalent in Indian state politics.
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Polity & Governance
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J&K Speaker Raises Security Concerns Amidst Alleged Party Office Security Withdrawal
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J&K Speaker Abdul Rahim Rather expressed serious concerns over the security situation in the Union Territory.
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The Speaker emphasized that past incidents should guide current security decisions and called for authorities to take legislators' concerns seriously.
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The statement came after the National Conference (NC) alleged the withdrawal of security cover from its party office.
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Economy
Medium
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Uttar Pradesh Registers Over 17,800 New Factories in Seven Years, Boosting Industrial Growth
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Uttar Pradesh has recorded the registration of 17,841 new factories since April 2017.
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This significant industrial expansion is attributed to the state government's focus on good governance, transparent policies, and visionary leadership.
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The growth aims to establish Uttar Pradesh as a prominent industrial hub, contributing to job creation and economic prosperity.
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