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Current Affairs 4 April 2026 - Daily News for UPSC, SSC, Banking | Current Affairs Pulse
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4 April 2026
4 April 2026
26 articles
19 high importance
26 with quiz
All (26)
Economy (7)
Science & Tech (4)
International (5)
Defence (2)
Polity & Governance (7)
Miscellaneous (1)
Economy
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NHAI Accelerates Debt Reduction, Aims for Debt-Free Status by 2030
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The National Highways Authority of India (NHAI) aims to reduce its debt to below ₹1.5 trillion in FY27 and become a debt-free entity by 2030.
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This strategy involves a significant shift from market borrowings towards increased budgetary support and asset monetization.
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Key methods for asset monetization include Toll-Operate-Transfer (TOT) bundles and Infrastructure Investment Trusts (InvITs).
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Economy
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NHAI Aims for Zero Debt by 2030, Targets Sub-₹1.5 Trillion Debt in FY27
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The National Highways Authority of India (NHAI) plans to reduce its debt to below ₹1.5 trillion by the Financial Year 2026-27.
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NHAI's long-term objective is to achieve a completely debt-free status by the year 2030.
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This strategic move aims to enhance the financial sustainability and operational efficiency of the state-owned infrastructure developer.
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Science & Tech
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ISRO Chief Lauds NASA's Artemis II Mission, Emphasizes Human Lunar Exploration
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ISRO Chairman V. Narayanan expressed confidence in the success of NASA's upcoming Artemis II mission.
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The Artemis program aims to return humans to the Moon, building on the legacy of past lunar landings.
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Artemis II is slated to be the first crewed test flight of the Orion spacecraft, orbiting the Moon.
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Science & Tech
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Artemis II: NASA's Crewed Lunar Test Flight Amidst U.S.-China Space Race
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Artemis II is NASA's upcoming crewed test flight, marking a significant step in returning humans to the Moon.
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The mission will send four astronauts on a lunar flyby aboard the Orion spacecraft, without landing on the surface.
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The U.S. frames the Artemis program as a strategic competition with China for lunar dominance.
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Science & Tech
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Microsoft to Invest $10 Billion in Japan for AI and Cloud Infrastructure
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Microsoft announced a $10 billion investment in Japan over the next two years for AI and cloud computing infrastructure.
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The investment aims to expand data centers and establish a new AI research lab in Japan.
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This marks Microsoft's largest single investment in Japan to date, highlighting the country's strategic importance in the digital economy.
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Science & Tech
Medium
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Amazon's Satellite Internet Ambitions: Potential Acquisition and Project Kuiper Expansion
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Amazon is reportedly in discussions to acquire a satellite telecommunications group valued at $9 billion.
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The company is actively developing its own satellite internet constellation, officially known as Project Kuiper, which the report refers to as 'Amazon Leo'.
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Project Kuiper aims to provide global broadband internet access using a network of Low Earth Orbit (LEO) satellites.
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Economy
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Oil Ministry Confirms Iranian Crude Purchases, Emphasizes Commercial Sourcing Flexibility
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India's Ministry of Petroleum and Natural Gas confirmed that Indian companies are purchasing crude oil from Iran.
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The Ministry emphasized that companies possess full commercial flexibility to source oil from diverse global geographies.
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Claims suggesting that payment issues led to the diversion of tankers carrying Iranian crude were explicitly rejected.
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Economy
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RBI to Issue Guidelines to Curb Mis-selling; Insurance Commissions Under Review
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The Reserve Bank of India (RBI) is preparing to issue new guidelines aimed at curbing mis-selling practices across various financial products.
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A key focus of this regulatory review is the high commission structures, particularly in the insurance sector, which are seen as potential drivers of mis-selling.
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The Insurance Regulatory and Development Authority of India (IRDAI) reported that life insurance commissions reached ₹60,800 crore in FY25, marking an 18% year-on-year increase.
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International
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Explosion at Pro-Israel Centre in Netherlands Amidst Regional Tensions
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An explosion occurred at a pro-Israel centre in The Hague, Netherlands, prompting a police investigation.
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This incident is part of a series of similar night-time attacks targeting Jewish sites in the Netherlands and neighbouring Belgium.
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The attacks highlight the escalating tensions and security concerns in Europe linked to the ongoing Israel-Palestine conflict.
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Defence
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Iranian Attacks Damage US Military Assets in Saudi Arabia Amid Rising Tensions
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Iranian missile and drone attacks have caused damage to US military assets stationed at Prince Sultan Air Base in Saudi Arabia.
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Among the damaged assets are at least six KC-135 Stratotanker aerial refueling aircraft.
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The United States has also reportedly lost a minimum of twelve MQ-9 Reaper drones since the onset of the conflict.
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International
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Israel Strikes Southern Lebanon's Tyre Amidst Evacuation Orders
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Israel conducted strikes on Tyre in southern Lebanon, leading to mass evacuations and displacement.
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Tens of thousands of residents fled Tyre following evacuation warnings, though approximately 20,000, including internally displaced persons, remained.
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Attacks extended to Tyre's port and the southern suburbs of Beirut, indicating a broader scope of operations.
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Defence
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Russia-Ukraine Conflict Intensifies with Drone Strikes; Zelenskyy Visits Turkiye
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Russia launched a large-scale drone attack on Ukraine, with most drones intercepted by Ukrainian air defenses.
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Ukrainian President Zelenskyy visited Turkiye amidst the ongoing conflict.
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The incident highlights the continued intensity of the Russia-Ukraine war and Turkiye's diplomatic role.
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International
Medium
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Afghan Earthquake Kills 12, Highlights Regional Seismic Vulnerability
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At least 12 people, including eight from a single family, were killed in a recent earthquake in Afghanistan.
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The tremor resulted in the destruction of 5 homes and significant damage to 33 others, impacting 40 families.
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Provinces affected include Kabul, Panjshir, Logar, Nangarhar, Laghman, and Nuristan.
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International
Medium
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Drone Strike Wounds Workers at Iraq's North Rumaila Oil Field
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A drone strike occurred at the North Rumaila oil field in southern Iraq.
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Three workers were injured in the incident, which targeted an equipment storage facility.
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The attack did not disrupt the oil field's operations.
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Polity & Governance
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India to Conduct World's First Digital Census in 2027, Starting April 2026
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India's 16th National Census, and 8th since independence, is scheduled to commence on April 1, 2026.
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This upcoming census will be globally unique as it marks the world's first entirely digital population enumeration.
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The primary objective is to gather comprehensive demographic and socio-economic data for national planning and policy formulation.
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Economy
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Income Tax Department Launches 'Kar Saathi' AI for Tax Simplification and New Act Transition
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The Income Tax Department has launched 'Kar Saathi', an AI-powered digital assistant.
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Its primary objective is to simplify tax processes and facilitate the transition to the upcoming Income Tax Act, 2025.
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'Kar Saathi' is integrated into the revamped income tax portal, offering guidance and compliance support to taxpayers.
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International
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US Sanctions Impact India's Iranian Oil Purchase Amidst Geopolitical Shifts
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An Iranian crude oil carrier, 'Ping Shun,' sanctioned by the U.S., diverted its destination from India to China.
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This incident highlights the complexities of U.S. sanctions on Iran and their impact on global oil trade and energy security.
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India's potential purchase of Iranian oil, after nearly seven years, was complicated by contractual terms and payment issues due to sanctions.
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Polity & Governance
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Right to be Considered for Promotion: A Judicially Evolved Constitutional Principle
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The Supreme Court has recognized the 'right to be considered for promotion' as a judicially evolved constitutional principle.
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This right is not an explicit fundamental right but is derived from the constitutional guarantees of equality, specifically Articles 14 and 16.
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It mandates that public employers must establish a fair, transparent, and non-arbitrary mechanism for evaluating eligible candidates for promotion.
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Economy
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Proposed IBC Amendments to Address Delays and Enhance Recovery
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The Insolvency and Bankruptcy Code (IBC), enacted in 2016, established a time-bound framework for resolving stressed corporate entities.
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Despite its initial objectives, the IBC system has encountered challenges such as significant delays, a growing backlog of cases, and suboptimal recovery rates for creditors.
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To address these persistent issues and enhance the code's effectiveness, the government is proposing the IBC (Amendment) Bill, 2026.
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Economy
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India Pushes for Rupee Internationalisation Amidst Currency Depreciation Concerns
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The Indian Rupee's depreciation against the US Dollar highlights increasing external economic pressures.
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There is a growing emphasis on enhancing the global demand and acceptance of the Indian Rupee.
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Limited use of the Rupee for international trade settlements has already commenced over the past four years.
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Polity & Governance
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UP CM Adityanath Promotes 'UP Model' for Law and Order in Assam
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Uttar Pradesh Chief Minister Yogi Adityanath advocated the 'UP Model' of governance, particularly regarding law and order, during a campaign in poll-bound Assam.
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He drew a parallel between dealing with 'rioters' in Uttar Pradesh and 'infiltrators' in Assam, suggesting a similar approach.
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The statement highlights the role of state governments in maintaining public order and addressing specific regional challenges.
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Polity & Governance
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Maharashtra Demands Special Intensive Revision of Electoral Rolls
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Maharashtra's Deputy Chief Minister has called for a Special Intensive Revision (SIR) of electoral rolls in the state.
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The demand stems from alleged problems and inaccuracies identified within the current voter lists.
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SIR is a comprehensive exercise conducted by the Election Commission of India to update and purify electoral rolls.
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BMC Withdraws 'Manache Shlok' Proposal Amidst Secularism Debate in Schools
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Uddhav Sena leader Kishori Pednekar withdrew a proposal to introduce 'Manache Shlok' in Brihanmumbai Municipal Corporation (BMC) schools.
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The proposal faced strong opposition from AIMIM and other parties, who argued it violated the constitutional principle of secularism in public education.
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'Manache Shlok' is a 17th-century Marathi poetic work by Sant Ramdas, the spiritual guru of Chhatrapati Shivaji Maharaj.
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Polity & Governance
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POK Reintegration: All India Imam Organisation Chief's Statement Sparks Debate
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Umer Ahmed Ilyasi, Chief of the All India Imam Organisation, stated that Pakistan-Occupied Kashmir (POK) will soon reintegrate into India.
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He emphasized India's official stance that POK is an integral part of the country, anticipating its 'ghar wapsi' (homecoming).
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The statement suggested that POK residents desire a referendum, influenced by the developmental progress observed in Indian-administered Kashmir.
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Miscellaneous
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NSUI-Police Clash at Rajasthan University Over RSS-Linked Event
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The National Students' Union of India (NSUI) clashed with police at Rajasthan University.
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The protest was against an event organized by Marudhara Nari Sashaktikaran Sangathan, alleged to promote RSS ideology.
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NSUI claimed the event, disguised as women's empowerment, was a platform for the Rashtriya Swayamsevak Sangh.
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Polity & Governance
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Kashmir: Security Agencies' Actions Raise Concerns Over Fear and Due Process
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Multiple security agencies, including SIA, CIK, Cyber Cell, ACB, and NIA, are actively operating in Kashmir.
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These agencies are reportedly involved in daily filing of cases, chargesheets, and arrests of Kashmiris.
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The actions are alleged to be creating an atmosphere of fear among employees in the region.
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