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Published on Apr 1, 2026
Current Affairs
EduTips Daily CA Bullet Points (1 April 2026)
EduTips Daily CA Bullet Points (1 April 2026)

1) 🇮🇳National

 
  • Andhra Pradesh Capital: The Union Government is set to introduce the Andhra Pradesh Reorganisation (Amendment) Bill, 2026 in the Lok Sabha to formally declare Amaravati as the sole capital of the state.
  • Energy Statistics India 2026: The National Statistical Office (NSO) released its latest report, revealing that over 70% of India’s Renewable Energy (RE) potential is concentrated in six states: Rajasthan, Maharashtra, Gujarat, Andhra Pradesh, Karnataka, and Madhya Pradesh.
  • Naval Induction: The Indian Navy has received INS Dunagiri, the fifth stealth frigate under Project 17A(Nilgiri-class), significantly boosting indigenous maritime defence.
  • Wildlife Conservation: The Navegaon-Nagzira Tiger Reserve (NNTR) in Maharashtra has officially assumed control over its notified buffer area starting today, 1 April 2026.
  • Digital Census: Preparations for the Digital Census 2027 commence today, marking the first phase of India's transition toward a fully digital population count.

2) 🌍International

  • CMS COP15: The 15th Conference of Parties to the Convention on the Conservation of Migratory Species (CMS) has added 40 new species to its protected list to prevent global biodiversity loss.
  • World Happiness Report 2026: Finland retains its position as the world's happiest country for the ninth consecutive year; India ranks 116th, showing a slight improvement from 118th in 2025.
  • Zero Waste Initiative: Varkala, a coastal town in Kerala, has been selected as one of the cities in the inaugural global "20 Cities Towards Zero Waste" initiative.

 

3) 💰Economy

  • New Financial Year (FY27): Today marks the start of the 2026-27 financial year, ushering in the Income Tax Act, 2025, which replaces the 1961 Act.
  • Digital Payment Norms: The RBI's mandate for Two-Factor Authentication (2FA) for all digital transactions becomes strictly enforceable starting today.
  • Banking Changes: * PNB has reduced the daily cash withdrawal limit for Platinum and Gold debit cards to ₹50,000.
    • HDFC Bank now treats UPI withdrawals at ATMs as regular ATM withdrawals for monthly limit calculations.
  • NPS Transition: PFRDA has introduced a multiple Net Asset Value (NAV) framework within National Pension System schemes effective today.
  • Industrial Growth: India's Index of Industrial Production (IIP) recorded a growth of 5.2% for February 2026.

 

4) 🗓️Date’s importance

  • Utkala Dibasa (Odisha Day): Celebrated to commemorate the formation of the state of Odisha on 1 April 1936.
  • RBI Foundation Day: The Reserve Bank of India commenced its operations on 1 April 1935, based on the Hilton Young Commission's recommendations.
  • April Fools' Day: A global day of light-hearted pranks and humor, historically linked to the calendar shift from the Julian to the Gregorian system.
  • Chaitra Purnima: The first full moon of the Hindu lunar year, significant for spiritual renewal and the start of Passover (Pesach).

 

5) 👱‍♂️👩‍🦳Person of the day

  • Willie Walsh: The aviation veteran has been appointed as the new CEO of IndiGo, India's largest airline, to lead its global expansion phase.
  • Dr. Thomas Pucadyil: Appointed as the new Director of BRIC-NCCS (National Centre for Cell Science) in Pune.

 

6) 🏅Sports

  • High-Speed Sports Infrastructure: The Ministry of Youth Affairs and Sports has announced a new grant for upgrading Athletics High-Performance Centres in preparation for the 2028 Olympics.

7) 🏆Awards

  • Mark Lynton History Prize 2026: Renowned historian William Dalrymple has won this prestigious award for his book The Golden Road.

 

8) ⭐️Other important significance

  • Quantum Computing: Andhra Pradesh has announced the upcoming launch of India’s first quantum computer in Amaravati, scheduled for 14 April 2026.
  • FASTag Revision: NHAI has implemented a revised annual pass fee for FASTag, increasing the cost to ₹3,075for non-commercial vehicles.

 

📚Word of the day

  • Resilience: The capacity to withstand or to recover quickly from difficulties; toughness.
    • Usage: The Indian economy has shown remarkable resilience despite global supply chain disruptions.