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Current Affairs – 29.03.2026

Current Affairs 29.03.2026

🇮🇳 National Affairs

  • The Government of India accelerated implementation of Digital Public Infrastructure (DPI) initiatives, expanding coverage of digital identity, payments, and data exchange systems across rural regions.
  • The Ministry of Finance reported that India’s GST collections for March 2026 are expected to cross ₹1.80 lakh crore, indicating strong economic activity and compliance.
  • The Reserve Bank of India (RBI) intensified monitoring of digital lending platforms to curb unethical recovery practices and protect borrowers.
  • The Ministry of Railways announced modernization of over 1,200 railway stations under the Amrit Bharat Station Scheme, with key upgrades including passenger amenities, digital ticketing, and green infrastructure.
  • India’s renewable energy capacity crossed 200 GW milestone, with solar energy contributing the largest share, aligning with the target of 500 GW by 2030.
  • The Government launched a new AI-based crop monitoring system to support farmers with real-time advisory and improve yield forecasting.

🌍 International Affairs

  • The United Nations emphasized climate financing commitments, urging developed nations to fulfill the $100 billion annual climate fund target for developing countries.
  • Global oil prices showed volatility, hovering around $85–90 per barrel, impacting inflation trends in emerging economies.
  • India strengthened diplomatic ties with Southeast Asian countries under its Act East Policy, focusing on trade, maritime security, and connectivity projects.
  • The World Bank revised global growth projections slightly downward due to geopolitical tensions and supply chain disruptions.
  • Discussions continued on regulating Artificial Intelligence globally, with major economies pushing for ethical AI frameworks and governance mechanisms.

💰 Economy & Banking

  • The Reserve Bank of India (RBI) maintained a cautious stance on inflation, which remained near 5%, within the tolerance band but above the ideal 4% target.
  • India’s forex reserves stood at approximately $640 billion, providing strong external sector stability.
  • The government continued disinvestment efforts, targeting ₹60,000 crore+ for FY 2025–26.
  • Public sector banks reported improved asset quality, with Gross NPAs declining below 3%, reflecting strengthened balance sheets.
  • UPI transactions crossed 15 billion monthly transactions, reaffirming India’s leadership in digital payments globally.
  • The Securities and Exchange Board of India (SEBI) introduced stricter norms to improve corporate governance and transparency in listed companies.

🏛️ Appointments & Resignations

  • A senior bureaucrat was appointed as the new Chief Economic Advisor (CEA) to the Government of India, tasked with shaping macroeconomic policy and growth strategy.
  • Several PSU banks announced leadership changes, with new Managing Directors appointed to improve operational efficiency and credit growth.
  • Key appointments were also made in regulatory bodies focusing on digital finance and cybersecurity governance.

🏅 Awards & Honours

  • Indian scientists were recognized at an international forum for advancements in renewable energy technologies and green hydrogen research.
  • A prominent Indian author received a global literary award for contribution to contemporary literature.
  • National awards were conferred to innovators in agriculture for improving crop productivity and sustainability practices.

⚽ Sports Affairs

  • In cricket, India continued strong performance in international fixtures, with key players delivering match-winning performances in bilateral series.
  • The Indian Premier League (IPL) 2026 season witnessed record-breaking viewership and high-scoring matches in its early phase.
  • In badminton, Indian shuttlers reached advanced stages in international tournaments, boosting India’s ranking in global standings.
  • Athletics saw Indian participants achieving qualifying standards for upcoming global championships.
  • In football, Indian clubs performed competitively in continental tournaments, improving India’s club rankings in Asia.

🚀 Science & Technology

  • India expanded its space missions roadmap, with ISRO planning advanced lunar and interplanetary missionsfollowing previous successes.
  • The government promoted semiconductor manufacturing under the PLI Scheme, aiming to reduce import dependency.
  • AI adoption increased across sectors including healthcare, education, and governance, improving efficiency and service delivery.
  • Cybersecurity initiatives were strengthened to safeguard digital infrastructure against rising cyber threats.

🌱 Environment & Ecology

  • India intensified efforts toward achieving Net Zero emissions by 2070, focusing on renewable energy, electric mobility, and afforestation.
  • Several states launched water conservation campaigns to address groundwater depletion.
  • Climate change discussions highlighted the increasing frequency of extreme weather events globally.

📊 Important Data Points for Exams

  • GST Collection (Expected March 2026): ₹1.80 lakh crore+
  • Forex Reserves: ~$640 billion
  • UPI Transactions: 15 billion/month
  • Renewable Energy Capacity: 200 GW+
  • Target Renewable Capacity (2030): 500 GW
  • Inflation Rate: ~5%
  • Gross NPA (PSBs): Below 3%