Current Affairs for Competitive Exams: 27 March 2026, Daily Roundup
Current Affairs- 27 March 2026
On March 27, 2026, the global geopolitical climate remained tense as the conflict in West Asia impacted energy security, while India focused on internal economic stability and major infrastructure milestones.
Current Affairs Highlights
National
• Excise Duty Cut: The government reduced excise duty by ₹10/litre on petrol and diesel to control inflation and support OMCs amid rising crude prices.
• Fuel Stock Assurance: Petroleum Ministry confirmed 60-day strategic fuel reserves, dismissing shortage or lockdown rumours.
• SEBI Appointment: K.V. Ramana Murthy, retired IDAS officer, appointed Whole-Time Member of SEBI for three years.
• Finance Bill 2026: Bill moved to final approval stage, reaffirming 4% inflation target till 2031.
International Affairs
• Nepal Leadership: Balendra Shah (35), a rapper-turned-politician, was sworn in as the youngest Prime Minister of Nepal, marking a generational shift in Kathmandu’s politics..
• WTO Conference (MC-14): Held in Yaoundé, Cameroon, focusing on trade reforms and US–China tensions.
• India–US Trade Talks: Both nations are nearing an interim trade deal, with pending issues on agricultural tariffs.
Global Geopolitical Crisis
• Operation Urja Suraksha: The Indian Navy began escort missions for energy tankers through the Strait of Hormuz.
• Rupee Depreciation: The rupee fell to ₹94.82/$ due to war-related capital outflows.
• UAE Missile Incident: Missile debris in Abu Dhabi killed two persons, including an Indian.
• Maritime Coalition: 22-country coalition, led by UAE and Bahrain, launched initiative to secure Hormuz shipping routes.
Defence
• SFDR Test Success: DRDO tested the Solid Fuel Ducted Ramjet (SFDR), enhancing long-range supersonic missile capability.
• Ukraine–Saudi Defence Deal: President Volodymyr Zelenskyy signed a defence cooperation agreement in Saudi Arabia.
• IDF Manpower Warning: Israel Defence Forces warned of a possible manpower crisis, urging changes in conscription policy.
• Qader cruise Missile-It is a medium-range shore-based anti-ship cruise missile developed by Iran and deployed by its naval forces
• Shaurya Squadrons– The Indian Army recently began fielding Shaurya Squadrons, dedicated drone sub-units embedded within armoured regiments
Science & Technology
• CALM-Brain Repository: India officially operationalised CALM-Brain, a centralized digital repository for neuroscientific data, aimed at advancing research in mental health and brain disorders.
• AI Regulation: The Election Commission filed cases against platforms for failing to remove AI-generated fake videos.
• Census 2027 Rules: Strict digital census guidelines issued; 3-year jail for negligence or data misuse.
• Abel Prize 2026: Gerd Faltings (Germany) awarded for contributions to arithmetic geometry.
Sports
• Asia Cup Archery: India won double bronze medals, maintaining a top-five global ranking.
• IOC Policy Change: Transgender women excluded from female events in the 2028 Los Angeles Olympics.
• Badminton Retirement: Spain’s Carolina Marín retired at 32 due to knee injuries.
Global Observance
• World Theatre Day: Theme: “Theatre as a Tool for Peace,” highlighting arts for cultural harmony.
Miscellaneous One-Liners
• Uttar Pradesh: PM Modi prepared for Noida International Airport (Jewar) Phase-1 inauguration.
• West Bengal: India International Travel Mart began in Kolkata, Malaysia’s partner country.
• Gujarat: GIFT City launched a support scheme for women-led fintech startups.
• Bihar: CM Nitish Kumar completed the statewide Farewell Yatra.
• Jammu & Kashmir: 7 killed in avalanche on Zojila–Sonamarg highway.
• Haryana: BPCL launched India’s first LPG ATM in Gurugram.
• Housing: NHB launched the Gruh Sugam Portal for housing loans to defence and government staff.
