Weekly Current Affairs (31 March–05 April 2026) for UPSC, SSC & Banking Exams

Introduction

The week from 31 March to 6 April 2026 represents a crucial transition phase in India’s governance and economic structure. With the start of the new financial year, the government introduced major structural reforms in taxation, digital governance, banking regulations, and energy policies. At the same time, India strengthened its defence capabilities and global diplomatic outreach.

From an exam perspective, this week is highly relevant because it covers:

• Static + Current Linkages (UCC, Article 44, Nuclear Triad)
• Reports & Data (Energy Statistics, PMI, Internet Shutdown Report)
• Government Schemes & Policies
• International Developments

These topics are frequently asked in UPSC Prelims, SSC, Banking, Railways, and State PSC exams.

Day-wise Current Affairs

31 March 2026

Read Full Article: Daily Current Affairs - 31 March 2026

The final day of FY 2025-26 witnessed major developments in infrastructure expansion, renewable energy transition, internal security, and financial regulation. The inauguration of Noida International Airport highlights India's focus on logistics efficiency, regional connectivity, and PPP-based infrastructure development. This project is aligned with the PM Gati Shakti National Master Plan, which integrates multiple sectors for holistic infrastructure growth.

Simultaneously, the release of Energy Statistics India 2026 reflects India's gradual transition toward clean energy, with solar energy dominating the renewable mix. The government's push toward making India Naxal-free under the SAMADHAN strategy demonstrates a combined approach of security operations and socio-economic development.

• Noida International Airport: ₹11,200 crore PPP project at Jewar
• Energy Transition: Solar contributes ~71% of renewable capacity
• Internal Security: Target to eliminate Naxalism
• RBI Regulation: Forex exposure capped at $100 million
• Environment: Solid Waste Management Rules 2026 notified

1 April 2026

Read Full Article: Daily Current Affairs - 01 April 2026

The beginning of the new financial year introduced transformational governance and economic reforms. The Income Tax Act 2025 replaces the 1961 Act and simplifies tax compliance by introducing a unified Tax Year, reducing complexity in filing returns.

Another major highlight is Census 2027, India’s first fully digital population census, incorporating geo-tagging, mobile-based enumeration, and caste data collection. This initiative will play a crucial role in data-driven policymaking and welfare targeting.

• Income Tax Reform: Tax Year replaces FY & AY
• Digital Census: Geo-tagging and mobile enumeration
• E20 Petrol: Supports energy sustainability
• Banking Reform: Risk-based deposit insurance introduced

2 April 2026

Read Full Article: Daily Current Affairs - 02 April 2026

This day focused on science & technology advancements, industrial growth, and global governance. The Artemis-II mission represents a major milestone in space exploration, marking the first crewed lunar mission after more than 50 years.

India’s semiconductor push through the Kaynes Semicon OSAT facility is crucial for achieving self-reliance in electronics manufacturing. This aligns with the broader objective of Aatmanirbhar Bharat and reducing dependency on imports.

• Artemis-II: First crewed lunar mission in 50 years
• Semiconductors: $100-110 billion market target by 2030
• WTO Developments: Trade reforms and global cooperation
• Internet Shutdown Report: 313 global shutdowns

3 April 2026

Read Full Article: Daily Current Affairs - 03 April 2026

This day highlighted biodiversity conservation, defence exports, and digital governance. India’s leadership in issuing Internationally Recognised Certificates of Compliance (IRCC) under the Nagoya Protocol reflects strong implementation of the Access and Benefit Sharing (ABS) mechanism.

Additionally, India’s defence exports reaching ₹38,424 crore demonstrates significant growth in the defence manufacturing sector under initiatives like Aatmanirbhar Bharat and Make in India.

• IRCC Leadership: India holds 56% global share
• Defence Exports: Record ₹38,424 crore
• SDG Dashboard: Launched for monitoring goals
• Education Reform: NCERT declared deemed university

4 April 2026

Read Full Article: Daily Current Affairs - 04 April 2026

Important updates include legal reforms, defence modernization, and renewable energy growth. The Uniform Civil Code (UCC) Bill in Gujarat is a major constitutional topic linked to Article 44 (Directive Principles of State Policy).

On the defence front, the commissioning of INS Aridhaman strengthens India’s nuclear triad and second-strike capability, which is crucial for strategic deterrence.

• UCC Bill: Promotes uniform personal laws
• INS Aridhaman: Nuclear-powered submarine
• Renewable Energy: India ranks 3rd globally
• RBI Policy: Controls forex volatility

5 & 6 April 2026

Read Full Article: Daily Current Affairs - 5 & 6 April 2026

The final days of the week focused on economic indicators, international relations, and space missions. India’s humanitarian assistance to Afghanistan reflects its Neighbourhood First policy and soft power diplomacy.

The RBI borrowing plan ensures financial stability, while the decline in Manufacturing PMI signals a slowdown due to global uncertainties.

• RBI Borrowing Plan: ₹2.54 lakh crore
• PMI: 53.9 (slowdown indicator)
• Mission MITRA: Supports Gaganyaan
• Humanitarian Aid: India supports Afghanistan

Week-wise Consolidated Analysis

National Affairs

The week witnessed significant developments in governance reforms, digital transformation, and policy restructuring. The implementation of the Income Tax Act 2025 marks a major step toward simplifying India’s taxation system by reducing complexity and introducing a unified Tax Year. This reform enhances ease of doing business and improves compliance efficiency.

Another major highlight is the launch of Census 2027, India’s first fully digital census, incorporating advanced tools such as geo-tagging, mobile-based data collection, and self-enumeration portals. The inclusion of caste enumeration after nearly a century makes it highly relevant for policy planning, social justice, and welfare targeting.

The passage of the Uniform Civil Code (UCC) Bill in Gujarat is a crucial constitutional development linked to Article 44 (Directive Principles of State Policy). It aims to establish uniform personal laws across communities, raising debates around federalism, secularism, and cultural diversity.

• Key Focus: Governance reforms, legal framework, digital administration
• Static Link: Article 44, Directive Principles, Census provisions
• Exam Angle: Frequently asked in Polity (Prelims + Mains GS-II)

Economy & Business

The economic landscape this week reflected a mix of policy reforms, growth challenges, and structural adjustments. The decline in Manufacturing PMI to 53.9 indicates a slowdown in industrial growth due to global uncertainties, rising input costs, and geopolitical tensions. This highlights concerns related to stagflation (low growth + high inflation), an important concept for exams.

The government’s continued push toward industrial development is evident through initiatives like Special Economic Zone (SEZ) reforms, concessional duties, and infrastructure expansion. Additionally, India’s progress in semiconductor manufacturing reflects efforts to strengthen domestic supply chains and reduce dependency on imports.

• Key Indicators: PMI, inflation trends, industrial growth
• Important Concepts: Stagflation, supply chain resilience
• Exam Angle: GS-III Economy + Banking exams

Banking & Finance

This week saw important developments in financial regulation, risk management, and monetary stability. The Reserve Bank of India (RBI) introduced a cap on Net Open Position (NOP) at $100 million to control currency volatility and reduce speculative trading in forex markets.

The introduction of Risk-Based Deposit Insurance marks a shift from a uniform premium system to a risk-sensitive framework, encouraging banks to maintain financial discipline. Additionally, RBI’s ₹2.54 lakh crore borrowing plan ensures liquidity for states while maintaining market stability through the Benchmark Issuance Strategy (BIS).

• Key Reforms: NOP cap, Risk-based insurance, BIS strategy
• Static Link: Monetary policy tools, CAMELS model
• Exam Angle: Banking, RBI policies, financial stability

Defence & Security

India made significant progress in strengthening its defence capabilities and strategic deterrence. The commissioning of INS Aridhaman, a nuclear-powered ballistic missile submarine (SSBN), enhances India’s nuclear triad capability and ensures a credible second-strike capability.

The growth in defence exports to ₹38,424 crore reflects India’s transition from an import-dependent nation to a defence exporter, driven by initiatives such as Make in India and Atmanirbhar Bharat. Additionally, naval modernization projects like INS Taragiri and indigenous warships strengthen maritime security.

• Key Concepts: Nuclear triad, second-strike capability
• Strategic Focus: Maritime security, defence indigenisation
• Exam Angle: GS-III Security + Defence current affairs

Science & Technology

The week highlighted rapid advancements in space technology, artificial intelligence, and semiconductor ecosystems. The Artemis-II mission represents a major milestone in global space exploration, marking the return of humans to deep-space missions after decades.

India’s focus on semiconductor manufacturing through initiatives like the India Semiconductor Mission (ISM) and OSAT facilities is crucial for achieving technological self-reliance. Additionally, initiatives like Mission MITRA support India’s human spaceflight program Gaganyaan.

• Key Areas: Space missions, AI, semiconductor ecosystem
• Static Link: ISRO missions, Artemis program
• Exam Angle: Science & Tech (Prelims + Mains GS-III)

Environment & Ecology

Environmental developments focused on sustainability, renewable energy, and waste management. According to global reports, India has become the 3rd largest renewable energy market, with solar energy contributing significantly to total capacity.

The introduction of Solid Waste Management Rules 2026 mandates four-stream waste segregation, promoting recycling and reducing landfill pressure. Internationally, the CMS COP15 conference highlighted concerns over declining biodiversity, with 49% of migratory species declining.

• Key Topics: Renewable energy, waste management, biodiversity
• Static Link: Climate agreements, environmental conventions
• Exam Angle: Environment (Prelims + Mains)

International Relations

India’s foreign policy this week focused on diplomatic engagement, trade partnerships, and humanitarian assistance. The completion of four years of the India-Australia ECTA highlights growing trade cooperation and Indo-Pacific strategic alignment.

India’s humanitarian aid to Afghanistan reflects its commitment to the Neighbourhood First policy and soft power diplomacy. Meanwhile, tensions in West Asia (Iran-Israel conflict) raised concerns over global oil supply and inflation, which directly impact India’s energy security.

• Key Areas: Trade agreements, geopolitics, humanitarian diplomacy
• Static Link: QUAD, West Asia geopolitics
• Exam Angle: GS-II International Relations

Reports, Indexes & Data

This week included several important reports and statistical releases that are highly relevant for exams. The Energy Statistics India 2026 report provides key insights into India’s energy consumption patterns, while the Internet Shutdown Report 2025 highlights governance and digital rights concerns.

Data from these reports are frequently asked in Prelims (direct questions) and used in Mains answers (value addition).

• Energy Statistics India 2026: Solar dominance
• Internet Shutdown Report: India recorded 65 shutdowns
• PMI Data: Indicator of economic health

Quick Revision Table

Weekly Key Highlights

1. Income Tax Act 2025 implemented
2. Census 2027 digital launch
3. INS Aridhaman commissioned
4. India ranked 3rd in renewable energy
5. Defence exports reached ₹38,424 crore
6. RBI introduced new forex regulations
7. Artemis-II mission launched
8. Semiconductor manufacturing boosted
9. UCC Bill passed in Gujarat
10. India sent aid to Afghanistan

One-Liner Revision

• India launched Census 2027 digital phase
• RBI capped forex exposure at $100 million
• Solar energy share reached 71%
• Defence exports hit ₹38,424 crore
• India ranked 3rd in renewable energy
• Artemis-II is a crewed lunar mission
• Gujarat passed UCC Bill 2026
• PMI fell to 53.9
• RBI borrowing plan: ₹2.54 lakh crore
• India issued 56% IRCC globally