Current Affairs 27 March 2026

We are here for you to provide the important Recent and Latest Current Affairs March 27 2026, which have unique updates of Latest Current Affairs 2026 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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NATIONAL AFFAIRS

Union Cabinet Approves Revamped UDAN Scheme to Strengthen Air Connectivity
In March 2026, the Union Cabinet chaired by the Prime Minister (PM) Narendra Modi approved the launch and implementation of the Regional Connectivity Scheme (RCS) – Modified Ude Desh ka Aam Naagrik (UDAN), aimed at strengthening regional air connectivity and expanding aviation infrastructure across the country.
Key Highlights
Objective: The revamped programme aims to deepen regional air connectivity, especially in underserved and unserved areas.

• It is also expected to drive economic growth, trade and tourism in Tier-2 and Tier-3 cities

Timeline: The scheme will be implemented over a 10-year period from Financial Year 2026-27 (FY27) to FY36.
Financial Outlay: The total financial outlay of the scheme is Rs 28,840 crore (Cr).
New Destinations: The government expects the revamped Udan programme to connect around 120 new destinations and cater to nearly 40 million (Mn) passengers.

Cabinet Approves  Rs.1,800 Crore IVFRT Scheme Extension till March 2031 to Modernise Immigration System
In March 2026, the Union Cabinet, chaired by Prime Minister (PM) Narendra Modi, approved the extension of Immigration, Visa, Foreigners Registration & Tracking (IVFRT) Scheme for another  five years i.e. from April 01, 2026 to March 31, 2031 (instead of its current term ending on March 31 2026), with total budget outlay of Rs 1,800 crore.

• The scheme aligns with the Immigration and Foreigners Act, 2025, and aims to interlink and streamline functions related to immigration, visa processing, and the registration of foreign nationals in India.

About IVFRT Scheme:
Background: The scheme was originally approved by the Cabinet Committee on Economic Affairs(CCEA) in May 2010, with a budget outlay of Rs.1,011 crore for a duration till September, 2014.

• It has been identified as a Mission Mode Project under the National e-Governance Plan (NeGP).

Implementing Agency: The IVFRT Scheme is being implemented by the Ministry of Home Affairs (MHA) through the Bureau of Immigration (BoI).
Focus Areas: The next phase of the scheme will focus on three main areas: emerging technology innovations, Transformation of Core infrastructure, and Technology and service optimization.

Cabinet Approves India’s NDC Targets for  2031–35; Emissions Intensity Reduction Target Raised to 47%
In March 2026, the Union Cabinet, chaired by Prime Minister (PM) Narendra Modi, approved India’s Nationally Determined Contribution (NDC) for the period 2031–2035, strengthening India’s climate ambition under the  United Nations Framework Convention on Climate Change (UNFCCC) and the Paris Agreement.
About India’s 2031–2035 NDC Targets:
Emissions: Reduce Gross Domestic Product (GDP) emissions intensity by 47% by 2035 compared to 2005 levels, building on the 36% reduction achieved during 2005 to 2020.
Non-Fossil: Achieve 60% of installed electric power capacity from non-fossil fuel resources by 2035, following the 52.57% capacity already reached by February 2026.
Carbon Sink: Create an additional 3.5 – 4 billion tonnes of carbon dioxide (CO₂) equivalent through forest and tree cover by 2035, increasing from the 2.29 billion tonnes achieved by 2021.

Overview of BRICS CCI WE Summit 2026 Held in New Delhi 
In March 2026, the 6th edition of the BRICS (Brazil, Russia, India, China, South Africa) Chamber of Commerce and Industry Women Empowerment (BRICS CCI WE) Summit was held from 21 to 23 March 2026 in New Delhi, Delhi.
About BRICS CCI Women Empowerment Summit 2026:
Theme: The theme for the 2026 summit was “Women in Innovation, Science Leadership, Innovation & Entrepreneurship (WISE) – Inspiring Change, Shaping Tomorrow.”
Organisers and Partners: The 6th BRICS CCI WE Summit was organised by the BRICS CCI WE vertical with support from the BRICS Women Business Alliance (BRICS WBA).
Highlights: A significant highlight of the summit was the unveiling of Mission ShakthiSAT by Meenakshi Lekhi, former MoS for External Affairs and Global Chair of the initiative.

• Veteran Indian Actress Shabana Azmi was honoured with the BRICS CCI WE Trailblazer: Living Legend award for “50 Years of Excellence in Indian Cinema.”

NCW and Truecaller Partner to Strengthen Women’s Digital Safety
In March 2026, the National Commission for Women (NCW) collaborated with Truecaller, a leading global communications platform, to launch a women’s digital safety awareness initiative across India.
Key Details of Collaboration:
Objective: The partnership creates a framework to raise awareness of women’s digital risks and strengthen access to institutional redressal, including the NCW 24×7 helpline.
Initiative: Under the collaboration, NCW and Truecaller launched ‘TrueCyberSakhi: A Digital Safety Toolkit, Created for Her’, a comprehensive resource using quizzes and self-assessment tools to raise women’s awareness of digital risks such as spam, phishing, and financial fraud.
Digital Campaign: The initiative is further supported by a coordinated digital awareness campaign to promote women’s online safety, responsible digital participation, and access to redressal mechanisms.
NCW: It is an autonomous statutory body established  under the National Commission for Women (NCW Act, 1990) in 1992, with a mandate to protect and promote women’s rights.

BHASHINI–PFRDA Sign MoU to Enable Multilingual Pension Services
On 25 March 2026, the Digital India BHASHa Interface for India (BHASHINI) Division (DIBD) under Ministry of Electronics and Information Technology (MeitY) and the Pension Fund Regulatory and Development Authority (PFRDA) under Ministry of Finance (MoF), signed a Memorandum of Understanding (MoU) under the initiative ‘BHASHINI for Seva–Sanchalan’ to enhance multilingual accessibility of pension services across India.
About Multilingual Pension Integration via BHASHINI:
Inclusion: The initiative enables multilingual access across PFRDA platforms in all 22 Eighth Schedule languages, including Hindi, Bengali, Telugu, Marathi, Tamil, Urdu, and Sanskrit, enhancing outreach and expanding pension access to rural, informal sector, and first-time savers.
Digital Infrastructure: The initiative leverages BHASHINI as a Digital Public Infrastructure (DPI) using Application Programming Interfaces (APIs) and Artificial Intelligence (AI) models for real-time translation and contextual processing.
Technology Integration: It provides voice-enabled user interfaces with speech-to-text and text-to-speech technologies and integrates BHASHINI tools into PFRDA systems under the BHASHINI Sahayogi Programme for effective implementation.
About BHASHINI: It is India’s AI-driven language technology initiative launched under the National Language Translation Mission by MeitY, supports 36 Indian languages, 23 voices, and 35 international languages.

MoE Issues 3-Year Action Plan for  Nationwide Implementation of ‘Nasha Mukt Bharat Abhiyan’
In March 2026, a joint advisory from the Secretary of Department of School Education & Literacy(DoSL), Ministry of Education (MoE) and Home Secretary, Ministry of Home Affairs (MHA), has been issued to the Chief Secretaries(CS) of all States and Union Territories (UTs) for mission-mode implementation of the ‘Nasha Mukt Bharat Abhiyan (NMBA) Action Plan’ in schools.
About Nasha Mukt Bharat Abhiyan (NMBA):
Aim: A national initiative aimed at creating a drug-free India, focusing on preventing substance abuse among students and raising awareness about the harmful effects of drugs in schools.
Key Provisions: It mandates declaring a 500-metre(m) radius around schools as drug-free zones and requires school heads or nodal teachers to report any violations to local authorities, including the police.
Holistic Approach: The Action Plan adopts a holistic approach, including awareness programs, preventive education in schools, teacher and head capacity building, and Information, Education, and Communication (IEC) interventions such as posters, signage boards, and creative campaigns to promote drug-free environments.

DPIIT Signs MoUs with Razorpay to Strengthen India’s Startup Ecosystem; Launches ‘Startup Sahayak’ Platform
On 25 March 2026, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry (MoC&I), signed strategic Memoranda of Understanding (MoU) with Razorpay to strengthen India’s startup ecosystem and promote innovation-led growth.

• The agreement was signed by T. L. K. Singh, Deputy Secretary, DPIIT;  Arif Khan, Chief Information Officer (CIO) of Razorpay.

About DPIIT-Razorpay Startup Partnership:
Objective: The collaboration aims to empower startups, especially in Tier 2 and Tier 3 cities, by providing financial tools, technical and advisory support, founder enablement programs, and digital payment solutions to accelerate growth.
Startup Sahayak: A dedicated platform, ‘Startup Sahayak’, has been launched to provide end-to-end assistance, including company incorporation, access to central and state government schemes, and guidance on funding opportunities.
Capacity Building: The partnership will organize sessions on Artificial Intelligence (AI), marketing, product development, and financial management via the Startup India Hub (SIH) and address fintech-focused challenges under the Bharat Startup Grand Challenge (BSGC) to promote digital innovation.
Community: Selected startups will receive mentorship, pitch deck reviews, application guidance, and access to curated founder communities for peer learning, networking, and domain-specific support in engineering, hiring, and marketing.

INTERNATIONAL AFFAIRS

QS World University Rankings 2026: IIT (ISM) Dhanbad and IIM Ahmedabad Topped Among Indian Institutes
In March 2026, Quacquarelli Symonds (QS) released the 16th edition of the QS World University Rankings by Subject 2026, in which Indian Institutes of Technology – Indian School of Mines (IIT-ISM) Dhanbad, Jharkhand ranked 21st globally in Engineering – Mineral and Mining and the Indian Institute Of Management(IIM) Ahmedabad, Gujarat ,secured 21st place in both Business and Management Studies and Marketing, marking India’s debut in the Marketing subject ranking.

• The United States of America (USA) continues to lead globally with first place in 37 subjects, while the United Kingdom (UK) ranks second with the top position in 15 subjects.

Highlights of QS Rankings 2026:
Institutional Presence: The USA leads with 228 institutions, followed by China with 158 and the UK with 114, while India has 99 institutions, up from 79 in 2025.
New Entries: India becomes the fourth-largest higher education system by entries, with 120 new Indian entries, after the USA(287), China(181) and UK(159).
India’s Growing Global Presence: India has doubled its top-50 subject presence since 2024, achieving 27 positions across 12 institutions, while expanding to 99 ranked institutions with 599 subject entries, including 20 newly ranked universities.
Top Indian Institutions in Global Subject Rankings: IIT Delhi (36th globally in Engineering & Technology), IIT Bombay, Maharashtra (78th globally in Natural Sciences), and IIT Kharagpur (West Bengal), along with Jawaharlal Nehru University (JNU), Delhi (26th globally in Development Studies), and Birla Institute of Technology (BITS), Pilani, Rajasthan (45th worldwide in Pharmacy & Pharmacology), feature among the world’s top 50 institutions across various subjects.

BANKING & FINANCE

SEBI Launches ‘Verified App Label’ Initiative To Strengthen Investor Protection 
In March 2026, Tuhin Kanta Pandey, Chairperson of the Securities and Exchange Board of India (SEBI), launched the ‘Verified Application(app) Label’ Initiative to protect investors against fraudulent mobile applications and ensure safe digital investing in India.
About ‘Verified App Label’ Initiative:
 Approach: Over 1.3 lakh fraudulent investment apps, including 66 fake trading apps, have been reported and removed, prompting SEBI to build preventive safeguards under the principle: “First verify. Then invest.”
Mechanism: Apps of SEBI-registered intermediaries will display a verified badge on the Google Play Store to help investors easily identify genuine apps and reduce impersonation risks.
Partner with Google: The SEBI partnered with Google to monitor financial influencers (Finfluencers) who violate market regulations, aiming to strengthen the digital investment ecosystem and protect investors.

ECONOMY & BUSINESS

Cochin Chamber signs MoU with Latvian Chamber to strengthen bilateral trade
In March 2026, the Cochin Chamber of Commerce and Industry (CCCI) signed a Memorandum of Understanding (MoU) with the Latvian Chamber of Commerce and Industry (LCCI), Latvia, to bolster bilateral trade and economic cooperation between Latvia and India.

• Following this MoU, the CCI became the second Chamber of Commerce(CC) in India and the first in South India to enter into an agreement with the LCCI.

Key Details of MoU:
Expansion: This strategic partnership is expected to open up significant business opportunities to expand and explore  into new markets across Europe.
Key Sectors: The MoU will generate new opportunities for Indian business  across key sectors like: pharmaceuticals, education, and the wood industry in Latvia.
About CCCI: Established in 1857, the CCCI is the oldest Chamber of Commerce in Kerala and one of the oldest in India. It is one of the 5 promoter chambers of Associated Chambers of Commerce and Industry of India (ASSOCHAM).

AWARDS & RECOGNITIONS

Bengali Writer Ramkumar Mukhopadhyay Selected for Saraswati Samman 2025
In March 2026, eminent Bengali writer Ramkumar Mukhopadhyay was selected for the 35th Saraswati Samman (2025) for his novel ‘Hara Parbati Katha(2020)’, marking a significant recognition for Bengali literature.
About Saraswati Samman:
Establishment: The Saraswati Samman was instituted in 1991 by the K. K. Birla Foundation. The award is named after Saraswati, the Hindu goddess of knowledge and learning.
Nature of Award: It is one of India’s highest literary honours, awarded for an outstanding work published in the last 10 years in any of the 22 languages listed in Schedule VIII of the Constitution.
Award Components: The award carries a cash prize of Rs 15 lakh, along with a citation and a plaque.

ACQUISITIONS & MERGERS

CCI Approves Japan’s MUFG Bank Proposal to Acquire 20% Stake in SFL for Rs 39,618 crore
In March 2026, the Competition Commission of India (CCI) approved  the proposal of Japan’s MUFG Bank Limited, wholly-owned subsidiary of Mitsubishi UFJ Financial Group Inc, to acquire a 20% stake in Shriram Finance Limited (SFL), a leading non-banking financial company (NBFC) in India, for Rs.39,618 crore (approximately USD 4.4 billion).

• This marks the largest cross-border investment in the financial sector of India to date.

About Acquirer & Target:
Acquirer: MUFG Bank Ltd. is a banking institution in Japan, provides financial services. In India, it offers various financial products like: corporate banking loans, deposit accounts, remittances, trade finance, among others.
Target: SFL is a public listed NBFC registered with the Reserve Bank of India (RBI). It is classified as an Investment and Credit Company (ICC) and categorized under the NBFC-Upper Layer.

• SFL is mainly engaged in the business of financing commercial goods and passenger vehicles, construction equipment, among others.

IMPORTANT DAYS

World Tuberculosis Day 2026 – March 24
World Tuberculosis Day (WTD) is observed annually across the globe on 24 March every year to raise awareness about Tuberculosis (TB), a preventable and curable infectious disease, and to accelerate efforts toward its elimination.

• 2026 Theme: “Yes! We Can End TB! Led by Countries, Powered by People”

Background: 
Proposal: In 1982, on the centenary of Koch’s discovery, the International Union Against Tuberculosis and Lung Disease (IUATLD) and the World Health Organization (WHO) proposed designating 24 March as World TB Day under the campaign “Defeat TB: Now and Forever.”
Observance: The first official World TB Day was observed on 24 March 1983.
2026 Events in India:
Event: A national-level WTD 2026 event was presided over by Union Minister Jagat Prakash Nadda, Ministry of Health and Family Welfare (MoHFW), at Gautam Buddha University, Greater Noida, Uttar Pradesh (UP).

•  During the event, Union Minister Jagat Prakash Nadda launched the ‘TB Mukt Bharat Abhiyaan – 100 Days Campaign,’ the TB Mukt Bharat Application(app), and the TB Mukt Urban Ward Initiative to accelerate case detection, improve treatment adherence, and strengthen TB services in high-burden areas.

International Day for the Right to the Truth Concerning Gross Human Rights Violations and for the Dignity of Victims 2026 – March 24
The United Nations (UN’s) International Day for the Right to the Truth Concerning Gross Human Rights Violations and for the Dignity of Victims, observed annually across the world on March 24, to honour victims of serious human rights abuses and promote justice.

• The day also commemorates Monsignor Oscar Arnulfo Romero of El Salvador, assassinated on 24 March 1980 for opposing oppression and violence.

Background:
Adoption: The United Nations General Assembly (UNGA) adopted Resolution A/RES/65/196 on 21 December 2010, officially designating 24 March as this international day.
First Observance: The day was observed for the first time on March 24, 2011.

International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade 2026 – March 25 
The United Nations (UN’s) International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade is observed annually across the world on 25 March each year to honour millions who suffered under the transatlantic slave trade, one of history’s gravest human rights violations.

• 2026 Theme: “ Justice in Action: Confronting History, Advancing Dignity, Empowering Futures”

Background:
Adoption : The United Nations General Assembly (UNGA) adopted Resolution A/RES/62/122 on 17 December 2007, proclaiming 25 March as the International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade.
First Observance: The day was first observed on 25 March 2008.

International Day of Solidarity with Detained and Missing Staff Members 2026 – March 25
The United Nations (UN’s) International Day of Solidarity with Detained and Missing Staff Members is observed annually on 25 March each year to honour personnel who face detention, abduction, or violence during peace and humanitarian missions.
Background:
Commemoration : The day marks the anniversary of the 1985 abduction of Alec Collett, a journalist with the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), who was kidnapped in Lebanon by the Abu Nidal group.
Legal Framework:  Since 1945, hundreds of UN personnel have died in the line of duty, leading to stronger safety frameworks. This includes UNSC Resolution 868 (1993), the 1994 Convention on the Safety of UN and Associated Personnel (effective 1999), and its expansion through the 2005 Optional Protocol to cover humanitarian and development operations.

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